The long two-day bear market is over, how is everyone doing? The bull market that started last night, did everyone catch it? $BTC has returned to 100,000, and $ETH is also close to 4,000, it's about to accelerate. Are you ready?
Today's performance of Sol is not considered strong, but there was a small rise. The good news is that this rise has allowed it to firmly establish support around the 144 level on the 4-hour chart. When it rebounds again and reaches 158, the probability of reducing positions increases, so we can just patiently wait.
We had Ray positioned around 1.6, and after reducing positions above 2.3, we added back near 2.2. This allows everyone to reduce positions near 2.5. This rise peaked at 2.48, and friends with unfilled orders can reduce positions here. After reducing, continue to set the add-back position near 2.2.
We had PYTH positioned around 0.12, and after reducing positions near 0.147, we allowed everyone to add back near 0.13. After the add-back, today's rise has expanded our profits, and we can set the reduction position near 0.15.
Today is a day full of harvests. I'm sending some BNB to everyone, hoping to pass on this good luck to you and cheer everyone on. However, while being happy, we must not let our guard down. The market is only rebounding, and whether it can reverse needs further observation.
Last week, Bitcoin gave long positions a harsh lesson. Following the principle of equal opportunity, today's explosive rise will also leave short positions with vivid memories. Respecting the market is never just a slogan; it must be put into action.
The trend shows that after Bitcoin broke through the resistance around 93,500, it surged, but after reaching 95,000, it began to pull back. The weekly decline was just recovered in two hours, with support around 91,000. It is also crucial that Bitcoin stabilizes at 92,000 at 8 AM; this is the support on the weekly chart.
Ethereum's strong surge is extremely disorienting. It wasn't long ago that Ethereum surged with such strength. The resistance is around 2,680, and support is around 2,380. If we can stabilize the altcoins, everyone will be happy. However, once a correction occurs, it will bring the altcoins into a deep abyss.
Taking advantage of this wave of rise, we have also reduced part of our positions. Considering the factors of inevitable declines during meetings, combined with the unemployment rate and the release of non-farm payrolls, these two major uncertainties directly affect market trends. Passing through this time node steadily is a more suitable approach at present.
Looking at the trend of Bitcoin, the bottom has been raised slightly, and it is now starting to fluctuate around 99000, with support also at the 99000 mark. The market has just stabilized, and the support is weak, with resistance around 103000, showing a fluctuating upward trend.
Ethereum has returned to its usual weakness. Bitcoin has already stood above support, while Ethereum has yet to reach the resistance near 2880. Only when this position breaks and stabilizes can its trend be considered on par with Bitcoin. It is particularly important whether it can recover above 2880 after the line change at 8 AM.
Overall, altcoins have seen some increase alongside the rebound of Bitcoin and Ethereum, but the inability to sustain the rise is a sore point for the market. In any market rebound, there will always be some negative news that emerges to disrupt the upward trend.
The time has not yet come, and we must maintain enough patience and a good mindset, not rush to bottom-fish. A gentleman does not stand under a dangerous wall, and a wise man does not fall into a collapsed nest. Spring has arrived, and the flowers are also catching up.
Today's crash, especially the crash of the altcoins, has no technical indicators to speak of; it's completely due to retail investors panicking and selling off, while the big players are heavily dumping. All support levels have been breached. ETH, can you imagine, actually dropping to 2100? When BTC was at 56000, it didn't even reach that. This time, it dropped to 90,000, and it actually did. Spot traders may see significant losses, while contract traders should all be exposed. A few days ago, I mentioned that there might be a market on February 2-3. But I didn't expect the drop to be so terrifying. At this point, if you're stuck, don't sell off. Looking at the long lower shadow, the big players have achieved their goal. After this crash, under normal circumstances, we should soon see a subsequent rise. But all the retail investors are wiped out. Spot players, if you just got caught in the dip, those who bought at 2100 ETH will feel great. Everyone is saying ETH will surge 50% in February, which would make it around 4000. This morning, it was hard to breathe; I can only calmly tell everyone to stay grounded. Just lie flat and don’t sell off. Take a chance; even Trump, if he's stuck, will want to get out. Maybe in the next couple of days, the U.S. BTC national plan will be approved. The crypto market will start another round of frenzied rallies.
After a small breakthrough in the evening, the big cake went down again, once touching the support near 97600. This is also said that it is easy to get stuck in the process of market repair
Now the big cake support is near 97600, and the resistance is near 102400. It is in a fluctuating trend. The market is gradually repairing. Don't give up on yourself and continue to wait patiently
In this callback, the waist of Ethereum, which was finally straightened, bent down again, and became a situation where the rat crossing the street was shouted and beaten. The trend shows that the current support is near 2900 and the resistance is near 3200
A new week has begun. Adjust your state and mentality. This week's fluctuations will definitely be large, and you need to be prepared in advance
Today, Trump's 25% tariff policy on Mexico and Canada is officially implemented, and the channel for Chinese goods transiting from Mexico has been forced to shut down.
Many are dissatisfied that Trump has only imposed a 10% tariff on China, while imposing 25% on Canada and Mexico. Let's put it this way: the tariffs on China are just the beginning. If the village chief does not make concessions, it will continue, while Canada and Mexico are merely transit countries profiting from the situation, and the tariffs must be higher than those on China; otherwise, the trade deficit from transshipment cannot be cut off!
Moreover, it can force the two countries to yield and cooperate. The U.S. and China cannot communicate to resolve this; it must come to the next phase before it ends.
The new 10% tariff imposed by the U.S. on China has already taken effect, which is extremely unfavorable for the Chinese central bank's defense of the RMB exchange rate. Last time, the RMB could hedge against tariffs through devaluation; now, the exchange rate has reached the 7.4 mark. If it devalues further, it will trigger more serious capital outflows. If it does not devalue, foreign trade exports will really be hit, leaving a dilemma!
On the eighth day of the first lunar month, the A-share market will be very lively on its first trading day! Everyone, please pay attention to safety.
Recently, the cryptocurrency market has also been full of ups and downs, with a volatile market that has left many people feeling dazed. To be honest, many have surrendered. But as long as it does not effectively drop below 99500, it remains in a strong volatile range. At this time, anyone talking about trends, technology, or mindset, you won’t believe it. I can only tell you to endure, hold on, and lay flat. When will the imitation season arrive? Personally, I think we should wait for Trump to confirm the national reserve plan and establish it through administrative legislation, especially since the Trump family has also bought hundreds of millions in digital currency. He has all-in on it. I don’t believe he wouldn’t take responsibility for his own funds. He has gone all-in on ETH, and at the current price, historically, it should be at the bottom. Whether you believe it or not, I believe it because I am already on the bus. There isn't a single person on the bus who has flipped over because, after all, everyone hopes to make money. At this point, I can only tell you to hold on and wait; otherwise, will you really cut your losses?
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Dear excellent traders: On the first day of the Lunar New Year, the Yangtze River wishes everyone a happy new year. May you have peace and joy in 2025, may the path you take this year be smooth, may you encounter only good things, and may your heart be filled with warmth and sunshine, wishing you all the best [heart] Happy New Year, may you have good fortune and auspiciousness Opportunities arise every day, seize them all #微策略持续增持BTC #市场回暖新机遇
On the first day of the New Year, Taco wishes everyone a Happy New Year! May you have good health, may everything go smoothly in your life, may you rise in your work, may you have great fortune in the Year of the Snake, and in this new year, Taco will walk with you.
Bitcoin seems to have stabilized around the support level of 101,000, and is turning upwards, entering a severely oversold trend, with a rebound just around the corner. The resistance above is around 102,500, and further up, the resistance goes to approximately 106,500.
Ethereum seems to have stabilized around the support level of 3,090, and follows a similar trend to Bitcoin, also turning upwards. However, Ethereum is weaker than Bitcoin, with resistance above at around 3,270 and support at around 3,090. During the market recovery process, there is still a possibility of spike fluctuations.
In the upcoming Ethereum upgrade, the market will be speculated in advance, just be patient and wait. On the first day of the New Year, everyone should keep the idea of becoming rich in their minds.
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