January 15th Afternoon Thoughts: Focus on Evening CPI Data

From the daily chart, yesterday BTC formed a doji with a long lower shadow, with the price dipping to the temporary low of 8.9, followed by a rebound. Currently, the key resistance during the rebound process is concentrated in the area where the daily MA30 and MA60 moving averages intersect, roughly around the level of 9.7. Closely monitor the subsequent price breakthrough and stability at this position, as it will provide important basis for judging the short-term trend. On the 4-hour chart, after a deep correction, the price has returned to the starting point. The upper level of 9.6 has become a key resistance level; this point is not only an important resistance on the 4-hour chart but also coincides with the position of MA256 on the 1-hour chart. In the short term, focus on the price's performance under pressure at the level of 9.6 to gauge the dynamics between bulls and bears.

On the daily chart, ETH yesterday formed a green candle with a long lower shadow. During the dip, it pierced through the daily MA120 and MA256 moving averages, but subsequently, the price quickly rebounded and closed above 3080. Compared to Bitcoin, ETH's rebound strength appears somewhat weak. Currently, the upper resistance to focus on is first at the level of 3230; if the price can effectively break through this position, further upward space is expected to open; conversely, if it faces pressure and is blocked here, there may be a risk of correction.

Today's big data CPI does not make a trend judgment, see the data after for key arrangement points!