Xiaoyao KOL: Bitcoin and Ethereum Evening Market Analysis 1.16

On the current 4-hour chart, Bitcoin's price has repeatedly failed to break through resistance levels, indicating a short-term consolidation trend. The DIF and DEA lines are gradually converging, and the MACD histogram has turned negative, suggesting weakening momentum and a need for adjustment. The RSI has retreated from overbought territory and is currently in a neutral-to-high position, suggesting continued short-term volatility. The price is below the EMA7 and significantly distanced from the EMA30, indicating limited support from short-term moving averages. For tonight's trading, it is recommended to enter positions on rallies: Bitcoin around 96300-96800, with a target around 94500; Ethereum around 3340-3380, with a target around 3260. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.