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January 15th Bitcoin and Ethereum Price Trend Observation
Bitcoin is currently stuck at a strong resistance zone, with heavy order accumulation above the market. Both bulls and bears are repeatedly tugging at key price levels. The 98,000 level has become a tough nut—institutions are deploying defenses here, and macro policy expectations are also suppressing the price. The probability of a quick breakout above the previous high is not high. A more realistic scenario is a potential correction in the coming days to shake out short-term holders. The key support zone to watch below is between 93,500 and 94,000. If this level holds, there is still room for a rebound.
Ethereum's situation is somewhat similar, with significant resistance near the previous high. Recently, high-level turnover has been very frequent, clearly indicating liquidity consumption. The future movement—whether up or down—depends on the strength of the correction, and those critical support levels will generally follow Bitcoin's rhythm.
Trading references:
— Consider going long if it retraces to the 93,500-94,000 zone #美国消费者物价指数发布在即 — Look for short opportunities around 97,500-98,000 $BTC
US CPI data release is imminent; pay attention to subsequent policy reactions.