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#美国消费者物价指数发布在即 January 14th, Wednesday, Quick Technical Scan of Bitcoin and Ethereum
The bulls and bears are in a fierce tug-of-war. The daily MACD continues to expand, and the Bollinger Bands are opening and trending upward, both indicating that the rebound has momentum. However, the weekly super trend remains in a bearish zone, which is awkward — short-term attempts to push higher, but the medium-term trend hasn't turned yet, and the forces on both sides are not aligned.
Technical details: The support level on the daily chart is quite strong, providing a foundation for the rebound; the weekly resistance is evident, making it likely to encounter resistance when trying to rise in the short term. The market is currently so conflicted — it can't rise too much, nor can it fall further.
Bitcoin: The current support level is around 94,500, with strong resistance expected near 96,000. Ethereum: Holding around 3,250, with a target of 3,400 if broken.
Observation point: U.S. CPI data is about to be released, and such economic data often causes a shock to market sentiment. Whether the bullish and bearish signals can align will depend on how this data unfolds.