2026-01-20 00:23:12

Tuesday Morning Review and Outlook

Bitcoin continues its weak oscillation pattern. During early trading, the price found support around 92100 and rebounded slightly, currently maintaining a narrow range around 92600. From a technical perspective, the 4-hour Bollinger Bands are diverging downward, MACD momentum is gradually weakening, trading volume has significantly decreased, and the KDJ indicator is also trending downward; the 1-hour chart similarly shows a downward Bollinger Band, weakening MACD bars, insufficient volume, and a persistent downward pressure on the KDJ.

Most of yesterday’s predictions have been fulfilled, with the account gaining over 1900+105 points in profit.

Based on current patterns, there is a high probability that Bitcoin will face resistance around 92900-93400. Key support levels to watch below are around 91800-90800. Meanwhile, Ethereum is also in a similar weak pattern, facing resistance near 3210-3230, with an increasing likelihood of testing the 3160-3130 zone downward. The US core CPI data came in below market expectations, which has exerted some pressure on short-term market sentiment.

BTC-3,29%

ETH-6,8%

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CryptoMom

· 16h ago

It's that frustrating volatility again. I already said that 92,900 won't break through, and it seems I still have to wait.

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RugpullAlertOfficer

· 16h ago

Yesterday's trades all hit, it's satisfying, but this weak consolidation is really stifling. --- Again with the shrinking volume, I have a feeling a big move is coming, just not sure when. --- If 92100 can't hold, then it will drop directly to 90,000. That will be the real buying opportunity. --- ETH is also falling, it's ridiculous. Feels like no one wants any coins anymore. --- Is CPI below expectations actually bearish? This logic is really confusing. --- Let's wait and see if it can break through 93400, otherwise it will continue to fluctuate. --- 1900+105 points, not bad, not bad. But next time, don't make so many predictions; just hit the target once and be more decisive. --- The Bollinger Bands are diverging downward, indicating the direction is set; now just see which way it goes. --- This wave of the market is really boring. The shrinking volume suggests big players are holding back a major move. --- If 3160-3130 really breaks, ETH might hit a new low. It won't be too late to buy back then.

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GateUser-44a00d6c

· 16h ago

This market is really dull, still fluctuating around 92,600... Yesterday's prediction was pretty good; today, let's see if we can hold above 91,800.

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EthMaximalist

· 16h ago

Earned over 2,000 again yesterday, but this wave of decline is really intense. I feel like I need to consider reducing my position.

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DeFiVeteran

· 16h ago

Hao, another day of volatility, why is it so exhausting Yesterday's prediction was quite accurate, but today it feels like a break below, need to see if 90800 can hold Ethereum also can't rally, this CPI data really messes with the mindset

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LayerZeroEnjoyer

· 17h ago

Made a profit again yesterday, but today's momentum doesn't feel quite right...

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