2026-01-15 11:42:40

January 15th, Thursday Evening Market Analysis

Bitcoin and Ethereum have recently hit new highs for this phase and are now oscillating at high levels. The market has reached a crossroads and needs to choose a direction.

After Bitcoin broke through the 95,000 mark, the next tough resistance is at 97,800-98,000 — which was a previous peak and also a psychological barrier. If it can break through effectively, heading straight to 100,000 is possible.

From a technical perspective, the daily EMA still shows a bullish arrangement, but the 4-hour MACD momentum has weakened somewhat. In the short term, whether it can break out depends on volume — only then can we confirm if the breakout is genuine or a false move.

Trading strategy:
- Bitcoin can consider going long on a pullback to 96,000-96,400, targeting 98,900
- Ethereum can consider going long on a pullback to 3,320-3,340, targeting 3,480

BTC2,06%

ETH3,97%

ZEC7,72%

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WhaleWatcher

· 01-18 10:44

If I can't break this key level at 97,800, I'll withdraw. There are too many fakeouts, brother.

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ZkProofPudding

· 01-15 14:25

Trying again, huh? I think this wave won't break 98,000. Once the CPI is announced, it'll probably pull back.

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NFTArtisanHQ

· 01-15 12:12

honestly the resistance at 97.8-98k feels less like a technical barrier and more like a collective psychological artifact... the real question isn't whether btc breaks through, but whether the volume narrative sustains the paradigm shift we're witnessing. macd weakness on the 4h timeframe is telling a different story than the daily ema structure tbh

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MetaMasked

· 01-15 12:09

Hey, wait a minute. Can this 97,800-98,000 really be broken? It feels like we're always stuck here.

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JustAnotherWallet

· 01-15 11:56

I feel like this key level at 97,800 can't be broken, and it might still need to drop further.

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MEVHunterNoLoss

· 01-15 11:54

Waiting for CPI data, but I feel this wave of 97,800-98,000 can still be broken through, it just depends on whether anyone dares to take the plunge.

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RooftopReserver

· 01-15 11:53

Oh no, after this CPI release, I'm afraid it might explode, leading to even greater volatility. It looks like a bullish trend, but I'm just worried it might fake out and then turn back. I'm waiting to buy the dip around 96,400, betting that this wave can break 98,000.

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