#美国核心物价涨幅不及市场预估 1.17 Saturday midday market overview:

$BTC and $ETH have been repeatedly pulling back from high levels recently, with occasional corrections. From the news perspective, regulatory legislation is progressing slowly, and in the short term, this factor will continue to influence the market.

From a candlestick perspective, on the daily chart, the MACD is still above the zero line, but the red histogram bars are getting thinner, indicating that the bullish momentum is weakening. The medium-term upward trend remains, but the strength is not as vigorous. On the 4-hour chart, things get a bit complicated — although still within the upward channel, the MACD has already crossed downwards, and combined with several attempts to break previous highs that failed, short-term downward pressure is evident. On the daily level, the price is fluctuating around 3300 and 95500. After the rapid surge a few days ago, the subsequent pullback has basically signaled a short-term top.

**Reference levels**:

For Bitcoin, 95600-96100 is a resistance zone. If it pulls back, watch the 3260-3230 range; for Ethereum, around 3310-3330, look towards 3260-3230.