January 15
Analyst Report
Yesterday, BTC experienced a slight increase with a marginal rise exceeding expectations. Currently, a divergence signal has appeared at the daily level, while the 4-hour level still needs adjustment. It is expected to continue consolidating. The CPI data will be released at 9:30 PM today, which may have a slight negative impact and affect the subsequent interest rate cut process. It is recommended to wait for the data release and observe market reactions. The market needs to adapt to the reduced expectations for subsequent interest rate cuts. If there is no significant decline, consider building a position and waiting for a new round of upward cycles. Those who were advised to build positions earlier should hold on and wait for further increases. The long-term outlook remains unchanged; the bull market is still intact. The upcoming interest rate cut process will slow down, and FTX compensation expectations will not materialize until February. Recently, we are waiting for the situation following the launch of 'Special'. Stay optimistic.
ETH follows BTC with a slight increase, and a low divergence signal has also appeared at the daily level. The 4-hour level still requires adjustment. It is expected to consolidate during the day, and it is still recommended to observe and wait for stabilization before taking action.
The altcoin sector is synchronously adjusting with the mainstream. Observe during the day and wait for stabilization. If there are no significant fluctuations in the evening data market, consider entering positions. For those who have already entered the altcoins, continue to hold SATS. Liquidate around 50 if it rises, and medium-term holdings can target around 80. POLYX can continue to be held, and ACT should be kept.
Fundamental news: The CPI data at 9:30 PM tonight is crucial to watch.
Primary Market Information:
Recently, on-chain MEME has shown some recovery. Keep an eye on it. For those holding DOGECAST, I personally suggest waiting for an outbreak.
Daily mainstream coin support and resistance:
Today's market, BTC support at 94,700-95,500 and resistance at 97,500-98,000. ETH support at 3,100-3,150 and resistance at 3,270-3,320.
Today's greed and fear index: 70 (Greed), CMC shows 51.