# Market Highlights:

Yesterday's market left many people puzzled; why did it drop so much all at once? There are two reasons: both Ethereum and Bitcoin reached important crown positions. Normally, the market moves from one crown position to another opposite crown position. There will be intermediate points, which can be understood like needing a gas station when driving from one place to another. Bitcoin filled the last point at 1052, and some people did very well here, while Ethereum did not fill completely, giving 3525♛-3545; 3525 is a very important crown position. Sometimes, when data is completely filled, some people complain it's too much, while if it's less, it might not be enough. In fact, if it’s all filled, you could place orders in batches of three, take three and then place another three, managing your positions well. Instead of trying to eat too much at one point, which requires very good luck. Like yesterday, there was a Trump coin that had everyone on edge; buying a little, investing $500, it went up to $11,000 overnight, and if it’s gone, it’s just that $500. Trading also requires this mindset; stop-loss is essential, and dividing positions and batches is very important.

Yesterday, Bitcoin shorts were given at three points: 1033, 1044-1046, and 1050. Since it was a consolidating market, these points are not too far apart; you can place orders in batches and ultimately profit.

Ethereum timely took profit at 3253; it was good, reaching the second take-profit point at 3333. If you wanted to hold longer, moving the stop-loss would also protect the principal and some profit. Finally, the short at 3333 was canceled out of fear, but I took it because I had the capacity to bear it; if it goes up, I can add to my position.

Currently, with Trump officially about to take office, Bitcoin's upward momentum is quite strong. From the current situation, it's best to finish off positions above 1052. I personally believe taking short positions normally is fine; manage your positions well. If it breaks above 1084, the target I mentioned earlier has always been valid; normally, it’s a game of chance for shorts.

Bitcoin 32-hour rebound

Bitcoin aggressively offers a chance at the 1-hour zero axis, first taking profit then cutting loss.

90-minute entry for the second position, first taking profit then cutting loss.

Ethereum is overall a bit weaker.

Rebounds on the 2nd and 3rd will provide rational entry points for short positions [combined with the points I provided].

12-hour pullbacks are suitable for taking profit.

3rd and 4th hour rebounds are suitable for cutting loss [combined with the points I provided].

1-hour pullbacks are suitable for taking profit [near previous lows].