#美国核心物价涨幅不及市场预估 【January 20th Midday Market Quick Review】

**Bitcoin Outlook:**

Bitcoin is now stuck in a stalemate, with volatility narrowing (93287-92156), patience is key.

Honestly, this market is really hard to judge—no clear direction. After a sharp drop yesterday, it rebounded, briefly surpassing 92812 but got stuck below 93605. Then it retreated back to 92812, attempted to push higher again, but failed. This cycle repeated three times, and on the last attempt, it directly broke below 92812, testing the previous low nearby. It hasn't broken the previous low yet; if it can form a double bottom pattern, that would be more stable. If the previous low is truly broken, then 90068 becomes the next target.

Want to see a rally? First, hold above 92812, then break through 93605 to create a new high. Without breaking 92812, there's no point. Either go up or down; in between, there's oscillation between 91821 and 92812, which consumes time. The key is the previous low—once it loses 90068, a decline is inevitable.

Trading suggestion: When Bitcoin breaks through 92812 with volume, go long on the right side; if 91821 drops with volume and the rebound is weak, go short on the right side, and set a stop loss. If it stabilizes above 92812 on the hourly chart, look toward 93605-94530; if it can't surpass 92812, there's no hope. If the 4-hour chart breaks below 92126, watch out for a downward space toward 90775-89230.

Resistance levels: 92812-93605-94530
Support levels: 91788-90976-90066

**Ethereum Outlook:**

The pattern for ETH is similar. Break above 3200 with volume to go long on the right side, tighten stop loss. If 3175 drops with volume and the rebound can't recover, go short on the right side, and set a stop loss.

A successful retest of 3129 as support can add a long position. If it breaks below 3089, exit immediately. On the hourly chart, if it stabilizes above 3200, look toward 3222-3263. Pay attention to the 3263 resistance; consider shorting, and if it breaks above 3300, set a stop loss and exit.

Left-side pin order: long at 3066, stop loss below 3020.

If the 4-hour chart breaks below 3176, watch the 3133-3089 range. ETH's flag pattern has been broken, but after breaking, it didn't continue downward; instead, it formed four doji candles—indicating hesitation from both bulls and bears, in the process of choosing direction. Will it break above 3219 resistance or below 3170 support? A retest of 3219 might halt the decline; breaking below 3170 would return to the left-side consolidation zone for further grinding. Currently, observing is more prudent than acting.

Resistance levels: 3200-3222-3263
Support levels: 3177-3131-3085