January 14th (Wednesday) Bitcoin and Ethereum Market Observation:

Bitcoin has recently shown a strong upward momentum, reaching a high of around 96,500. Currently, the price is fluctuating around 95,000. In the short term, market sentiment is high, with a clear bullish advantage, but there are also obvious overbought characteristics, and traders should be alert to the potential pressure of profit-taking at any time.

From a technical perspective, the key resistance zone is around 96,000-97,000. Failure to break through may result in a double top and a decline; meanwhile, the 93,000-94,000 area serves as an important support. If the price falls back to this level and stabilizes, it often indicates a new upward opportunity.

From the market participants' point of view, BTC can gradually build positions in the 94,800-94,300 range, with an upper target of 95,800-96,300; ETH can be entered around 3,280-3,260, with a rebound target of 3,340-3,360.

The market always contains uncertainties, and short-term fluctuations can happen at any time. Proper risk management and rational decision-making are the core logic of trading.