#MSCI未来或纳入数字资产财库企业 January 17 Market Review and Future Strategy

**Bitcoin Technical Analysis: Holding Key Levels, Cautious Positioning**

On the daily chart, $BTC surged but then stalled, closing with a small bearish candle. The bulls are still struggling to defend the 95,000 level. The Bollinger Bands are not widely opened, and the short-term moving averages remain upward. However, although the MACD fast and slow lines are rising, the momentum is clearly weakening. The KDJ has formed a golden cross but shows signs of turning downward. The VR indicator is fluctuating around 110.

On the four-hour chart, 95,000 has become a core support level. If it breaks, the next support is at 93,800. The Bollinger Bands are narrowing, and the moving averages are flattening. At this point, the MACD is forming a death cross and heading downward, with increasing green bars. The KDJ is also turning downward with signs of divergence. The VR hovers around 280. The 98,000 level is critical—if it cannot break through, a pullback is likely. If it can hold steady or even break through, there is potential to push toward 100,000.

**Ethereum Technical Analysis: Clear Resistance, Patience for Breakout**

On the daily chart, $ETH attempted a rebound to challenge the MA256, but failed to break through. The 3400 level is a significant resistance. Until it is effectively broken and stabilized, a sustained strong rally is unlikely.

On the four-hour chart, the upper Bollinger Band is contracting and pulling back, but the middle and lower bands are expanding upward, supporting the price at the middle band to halt the decline. The MACD histogram is still increasing, indicating bearish momentum. The KDJ has formed a death cross and is diverging downward. The RSI is oscillating lower. Although there are multiple bearish signals, the retracement is limited, so caution is needed to avoid false breakdowns.

On the hourly chart, the MACD bearish momentum has significantly decreased, the KDJ has formed a golden cross and is diverging upward, and the RSI is turning up from low levels. The short-term retracement is gradually weakening.

**Trading Strategy**

Bitcoin: Consider long positions in the 94080-94730 range. A rebound to 96200-97400 would be good. If the price rebounds to 97530-99100, consider opening short positions with targets at 93600-88600.

Ethereum: Look for long entries in the 3221-3253 range, with targets at 3315-3430. If the price rebounds to 3433-3470, consider shorting with targets at 3220-3080.