2026-01-15 13:01:58

#美国消费者物价指数发布在即 Night Market Observation: Technical Breakdown of $BTC and $ETH

From the 4-hour chart, the recent movement of $BTC is quite interesting—after a few consecutive rallies, it has already touched the upper band of the Bollinger Bands. The problem is that the upper band is starting to flatten, and the price has not been able to break through further with increased volume. This is a typical sign of weakening bullish momentum. More importantly, the MACD is clearly losing momentum at high levels, with the red bars shrinking sequentially, indicating that the upward energy is rapidly diminishing. Trying to push higher at this point carries risks that far exceed the expected returns.

Looking at RSI and KDJ, both are already in overbought territory. The price repeatedly tests the top without breaking new highs, which indicates what? Fewer traders are chasing the highs, and funds are quietly withdrawing. This situation is precisely the time when bears can start to position.

Trading ideas for reference:
$BTC: Consider short positions in the 97500–97000 range, targeting 96000 and 95000
$ETH: Enter short positions in the 3400–3380 range, targeting 3310 and 3260

(The above is solely technical analysis; trading involves risk assessment on your own.)

BTC-0.54%

ETH-0.92%

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AirdropJunkie

· 4h ago

The Bollinger Bands are all flattened, and you still want to chase? Isn't this just giving money to the bears? The signal of funds pulling out won't deceive you. It's normal not to dare to bet on the direction on the eve of the CPI. With such obvious MACD dulling, I think breaking new highs is uncertain. I'm planning to try a short position at 97,500.

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MysteryBoxOpener

· 4h ago

Bollinger Bands flattening, MACD weakening, I am very familiar with this combination; it always starts to turn around like this each time. Funds are moving out, and there are indeed fewer people chasing highs. The bearish phase has indeed arrived. Failing to break new highs is a signal; don't stubbornly hold on.

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gas_fee_trauma

· 4h ago

Bollinger Bands flattening? That’s basically telling me to run. I saw similar situations on Twitter before, and they all ended in a sharp decline. MACD is so clearly weakening, yet people still dare to chase. Truly brave. I'm interested in the short position setup this time, trying a cut at 97,500 to test the waters. The top keeps grinding back and forth, which is just boring. Capital is leaving, that’s for sure. 97,000 is definitely worth watching, but before the CPI release, it’s better to stay on the sidelines. The key point is that RSI is already overbought, and forcing it at this point shows someone’s got a problem in the head. Looking at this trend, honestly, it means no one is willing to buy in anymore. The time for short positions has come. I’m waiting at 96,000. Chasing higher now just makes you the bag holder.

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0xSherlock

· 4h ago

I've seen the Bollinger Bands smoothing move too many times. Every time, it says the bulls are weak, but then it turns around and comes back with another wave. Before the CPI, this kind of volatility just eats up retail investors' stop-losses.

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PanicSeller

· 4h ago

Bollinger Bands are flattening, and MACD is losing momentum. This move is indeed a bit weak, and the bulls are really running out of steam.

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