2026-01-16 10:28:05

From the daily chart perspective, the EMA bullish trend is gradually converging. The key support levels below are in the 94000-95200 range (where EMA60 and the 0.618 Fibonacci retracement level provide support). The resistance above is at 96600-97000 (the upper Bollinger Band coincides with a previous high). The MACD indicates that the bullish momentum is slowing down, and RSI is approaching the overbought zone, suggesting some short-term pullback pressure.

On the 4-hour chart, the market is forming an ascending flag pattern. The middle band support is at 94500-94600 (the middle Bollinger Band plus EMA30), with resistance at 96000. Interestingly, the MACD shows a bearish divergence signal, implying that in the short term, there may be a downward retracement before a new upward attack.

On the 1-hour chart, the trend line has not been broken yet, and the market is currently in a consolidation and correction phase. The key support is at 95000, and resistance is at 96500. The price is repeatedly testing and fluctuating within this range, with the volatility gradually narrowing.

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0xLuckbox

· 16h ago

94000 this level really tests the mentality, feels like every time it's hammered back down Feels like trying to break through 96600, but the momentum is clearly lacking Top divergence is hard to say, sometimes it's just to scare people Waiting again for a breakdown or a rebound, this volatility is so annoying Stuck at 96500 for so long, if it can't break through, it will just fall

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MintMaster

· 16h ago

After breaking 94,000, it’s probably going to drop directly to 93,500. This wave of top divergence is a bit fierce.

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MEVSandwichVictim

· 16h ago

Once 94,000 is broken, you should be cautious. This divergence is quite strong.

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NoodlesOrTokens

· 17h ago

94,000 break or not is the question, it feels like this wave will still fluctuate for a while --- The bullish divergence is back again, is this really a face slap or not --- RSI is almost overbought, I choose to hide for now --- Is the Fibonacci level reliable? Anyway, I believe in it --- Remember to @me if it breaks, I want to see the excitement --- The 1-hour chart is very stable, just waiting to see if the 4-hour can cooperate --- If 96,600 can't be taken down, it's pointless --- Every time they say it will retest, but then it surges again... --- When will this wave of consolidation end? I'm a bit sleepy --- There are so many supports, it feels like the downside space isn't big

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OnchainArchaeologist

· 17h ago

The support range of 94000-95200 is hard to say, I feel that the bearish divergence signal is more worth paying attention to.

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zkProofGremlin

· 17h ago

94,000 break or not, it's all just talk. I'm tired of the MACD divergence setup. Support levels are piling up; let's see if 94,500 can hold. Bearish divergence at the top? Every time I hear that, it just runs wild. Laughs. Trying 96,500 again, huh? This wave will still be volatile. Fibonacci retracement, Bollinger Bands, too many indicators just make my head ache.

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