Discipline is the insurance policy for trading.
Market conditions on January 25, 2025:
- BTC has fallen from a high of $109,000 to below $105,000
- Spot ETFs continue to see inflows (7 consecutive days of positive inflows, over $500 million in the past day)
- Total assets under ETF management have exceeded $123 billion
- BlackRock ETF is performing actively (over $1 billion in trading volume in the first two hours)
Technical Analysis
1. Indicator Signals:
- CMF (Chaikin Money Flow) is declining, indicating market weakness
- DMI and ADX (Directional Indicators) are at low levels
- RSI (Relative Strength Index) shows signs of a downward reversal
- MACD indicates reduced buying pressure
2. Key Price Levels:
- Support Level: $102,500
- Resistance Range: $106,013 - $107,419
Investment Advice
1. Short-term Operations:
- Pay attention to the performance at the $102,500 support level
- Avoid chasing highs, wait for a pullback opportunity
- It is recommended to set stop-loss levels to protect positions
2. Medium to Long-term Layout:
- Continuous entry from institutions is a positive signal
- ETF inflows remain positive
- Consider gradually building positions on dips
Risk Warning
- Long-term holders show signs of selling
- The market may continue to consolidate
- Breaking new highs requires more buying support
Risk Reminder: The market is always a coexistence of risk and opportunity. It is advisable to allocate positions reasonably based on your risk tolerance and to manage risks effectively.