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#美国消费者物价指数发布在即 January 14 BTC Market Analysis
Yesterday, right after the opening, $BTC surged strongly on the back of positive CPI news, with bullish momentum like a rainbow. The monthly resistance level was directly broken through, and the price soared to around 96,800. Friends who had already placed long orders in advance should be very happy with this wave.
However, the good times didn't last long. After reaching the top, it started to face resistance and retraced, now fluctuating around 95,200. The market has entered a typical profit-taking stage.
From a technical perspective, the chart still looks quite good. The daily K-line is a standard large bullish candle, directly breaking through the upper band of the Bollinger Bands. The short-term moving averages are arranged neatly, and the bullish pattern is stable. The 4-hour chart shows continuous bullish candles breaking through, with room for further upward movement. The Bollinger Bands are widening, MACD remains in a golden cross, and volume is increasing. The momentum bars are getting longer, indicating a clear short-term bullish advantage.
Trading suggestion: Look for opportunities to go long around 94,700-94,100, with a focus on the 95,700-97,000 range above. $ETH also deserves attention in this wave of market rhythm.