January 14 Market Review Summary

Recently, both the A-shares and US stocks have continued to strengthen, which has also pulled Bitcoin along. Bitcoin is closely following the US stock trend, but the A-shares are lagging behind and catching up, with some funds flowing into the stock market. Additionally, after BTC's previous high-level correction, it is now consolidating within this range to digest the gains. It seems that the crypto market has little heat and appears weak. But this is normal correction—winds will come back.

This morning, a large bullish candle appeared, pushing the price above 96,000, reaffirming the bullish strength.

From a technical perspective, the 3-day moving average remains in an upward trend. If this 3-day candle closes bullish, and the next one continues, and the weekly candle also closes bullish, the market can continue to surge above 102.5K.

**Key Price Levels:**
Short-term resistance above is around 102.5K; BTC daily short-term resistance is between 97,700 and 97,400; support levels are at 946 and 942.

**What’s next?** Two possibilities: one, a small-range consolidation here before breaking through the 97 resistance; two, a direct surge into the 97 area followed by a correction and consolidation.

**Trading logic is:** if it pulls back, buy on dips; or watch the 97 resistance zone and open short positions based on specific conditions to catch the pullback, then continue to go long. Also, keep an eye on the leading altcoins—whenever Bitcoin starts consolidating, altcoins tend to follow.