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Tuesday, January 13 Morning Market Observation:
Bitcoin's 4-hour chart shows a strong pattern, with repeated tests of resistance levels during fluctuations. The candlesticks display prominent long shadows, indicating that the bears' resistance should not be underestimated. The Bollinger Bands are gradually expanding, and the support at the lower band remains solid, signaling a buildup of strength. On the hourly level, the price has stabilized above the middle band, with the MACD lines converging, maintaining a strong bullish atmosphere. After sufficient consolidation, an upward breakout remains possible.
Specifically: #美国消费者物价指数发布在即 repeatedly confirmed support in the 90900-90400 range, with the key resistance zone targeting 92000-92800. $BTC is seeking support between 3070-3050, with upward space directly aiming at 3120-3150.
Additionally, the US CPI data is about to be released, which will be an important turning point for the market. Close attention should be paid to the market changes.