2026-01-16 09:40:45

#美国民主党BlueVault January 16 Evening Market Quick Review:

On the 4-hour K-line, Bitcoin surged to 97k but then lost momentum. Every rebound was pushed down, with long and ugly upper shadows, and it couldn’t stabilize above the upper Bollinger Band—indicating strong selling pressure at the top. The MACD is also weakening, with each momentum bar shorter than the last. The bulls are already gasping for breath; they lack the strength to push higher. It’s not that they don’t want to rise, but they just can’t.

Looking at the 1-hour chart, the situation is even clearer. After breaking below the middle band, it never recovered. Each rebound was suppressed back down, a pattern that’s giving short-sellers opportunities. Trading volume is still shrinking, clearly a trap to lure in buyers—either aiming for continued upward movement or trying to trap those who bought at high levels.

Bitcoin: Resistance around 96000-96500, support at 95000-94000.
Ethereum: Resistance around 3330-3360, watch for support at 3250-3150. $ETH

BTC-0,4%

ETH-0,43%

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JustAnotherWallet

· 9h ago

97k is the ceiling, this wave really can't be pushed further... It's exhausting to watch --- Once again, it's a trap to lure in buyers before dumping. Those who bought at high levels are going to bleed this time --- The MACD bars are getting shorter and shorter, the bulls really have no strength left --- After breaking below the mid-line, it never stabilized again. This rhythm feels off --- The 96,500 resistance level is firmly holding it down. If it can't break through, we'll have to watch 94,000 --- The shrinking trading volume combined with this kind of movement clearly indicates a shakeout, friends --- With such a long upper shadow and fierce selling pressure, do you still think it will continue to rise? You're overthinking it --- How many times has the rebound been suppressed... This time, it seems there's really no hope

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ChainDoctor

· 9h ago

97k can't break through, we really don't have the strength this time. The bull trap that caught people is played so smoothly, waiting to see who picks up the last baton.

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MemecoinTrader