Tuesday, January 20th Morning Market Observation:

The market is oscillating within a narrow range, with Bollinger Bands tightening increasingly. The price repeatedly faces resistance below the upper band and the MA220 and MA30 moving averages, failing to break through several times. Technical warning signals are quite clear—although MACD has completed a golden cross above the zero line and volume has increased, this contradicts the sideways consolidation trend, indicating a divergence; RSI has just completed a death cross and turned downward, approaching the oversold threshold of 30, with bullish momentum clearly waning.

Overall, the morning session mainly adopts a strategy of shorting on rallies. The key is to monitor whether support levels can truly be broken; the validity of this breakdown will directly influence subsequent trading momentum.

Reference levels:
#美国核心物价涨幅不及市场预估 Watch resistance at 93,000-93,500, support below at 91,900-91,100
$BTC Watch resistance at 3,220-3,240, support below at 3,170-3,140