GM2025228【Migo Chinese Community】Market Trend Analysis Continues to Be Bearish!

On Friday, the bears were in full swing, and the market showed a phenomenon of 'when the wall falls, everyone pushes'! Continuing to look lower at 73500, the bearish trend continues!

This week, the market has been very volatile, and the trend has become clear, almost completely fulfilling previous expectations. The open positions started short at 99000, and then the targets of 93000, 89000, and 79000 have all been achieved step by step. I must say, this round of decline has really allowed many people to make a fortune, achieving 'a villa by the sea' in the first month of the New Year, I am truly grateful for this wave of market!

Today, the market clearly broke down, and the bears should be in a state where they can profit easily with their eyes closed. As long as you short, you can basically make a profit without loss. Regarding the subsequent rhythm, it still revolves around bearish selling to open positions.

The market has not hit the bottom yet, and it is unclear where the bottom is. Buying pressure is weak, sentiment is low, and the overall market atmosphere is quiet, making a rapid rebound difficult. At this time, short-term trading is particularly important.

The current resistance level is at 83500, with support at 76500 and 73800. The market has already dropped in the early session; if sentiment does not continue in the afternoon, the rebound strength will not be too great. Don’t expect particularly good entry points; if you are shorting, it is recommended to open a light position directly, as a profit of over 1500 points should be relatively easy to achieve.

Specific advice: You can short in the 80800-81500 area, looking lower at the 76500 area. The possibility of a significant drop is very high, and a drop of 10,000 points today is entirely possible.

As for Ethereum, it will soon reach 2000 USD. You can appropriately reduce positions in the previous wave and wait for the target area to arrive. #美国加征关税 #比特币价格走势分析 #美联储降息预期 $BTC $ETH