2026-01-21 00:20:48

#美国核心物价涨幅不及市场预估 Bitcoin January 21 Market Observation

The four-hour chart has almost exhausted the downward space. A clear divergence appears in the extremely oversold area, and the restoring force is gradually accumulating, with conditions becoming increasingly favorable.

The short-term and medium-term moving averages are converging; the previously diverging three-line structure is now gradually closing in. Soon, the moving averages will enter a phase of consolidation, which is a classic precursor to a reversal.

Open interest is steadily increasing, indicating that there are buyers at the lower levels, and the buying strength is becoming stronger.

From a technical perspective, $BTC has support around 87,700 and 87,000, with resistance levels at 88,700 and 89,000. Keep an eye on $ETH as well.

The current market is in a bottoming cycle; patience is needed while waiting for a breakout signal.

BTC-1,27%

ETH-4,65%

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LightningHarvester

· 5h ago

Hmm, it feels like the bottom signal is really coming. Can the 88,700 level be broken?

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LuckyHashValue

· 5h ago

This wave of bottom signals is becoming clearer; moving averages converging is a prelude to a reversal. I bet it's going to take off.

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SnapshotStriker

· 6h ago

Wait, can moving average convergence really reverse the trend? I've seen this kind of trick several times already, haha.

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ContractFreelancer

· 6h ago

The talk about moving average convergence and divergence is heard every time. Has there really been a reversal? Or is it just a rebound and that's it?

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