Bitcoin has already reached a new low in this phase, combined with the rising risk of a government shutdown in the United States, sentiment has been significantly suppressed, and the rebound space will not be too aggressive for the time being. However, from a structural perspective, a bottom divergence has appeared on the 4-hour chart, and it has entered the oversold zone. Pursuing short positions here is not cost-effective, and it leans more towards a prelude to a sideways bottoming process. The strategy is not to aggressively bottom-fish all at once, but to make phased low buys and wait for the market to prove the direction itself.
Ethereum has fallen even harder, but the problems are more obvious. Currently, there are no clear signs of major funds accumulating in the market. If there is insufficient capital support, repeated retests and bottoming out cannot be ruled out. Being eager to catch a bottom at this position is just picking up chips for others; patience is more important than courage.
The key time point is the FOMC interest rate decision on January 27. Before the result is announced, the market will likely maintain a sentiment game and range-bound fluctuations, so don't expect a one-sided market to emerge prematurely.
The operational thinking is very clear:
Bitcoin is expected to pull back to the range of 85500 to 86500, attempt to go long in batches, without chasing or heavy positions, allowing the market room for error.
Continue to observe Ethereum, wait for the structure and funds to show up first before discussing action. $BTC $ETH
Ethereum has fallen even harder, but the problems are more obvious. Currently, there are no clear signs of major funds accumulating in the market. If there is insufficient capital support, repeated retests and bottoming out cannot be ruled out. Being eager to catch a bottom at this position is just picking up chips for others; patience is more important than courage.
The key time point is the FOMC interest rate decision on January 27. Before the result is announced, the market will likely maintain a sentiment game and range-bound fluctuations, so don't expect a one-sided market to emerge prematurely.
The operational thinking is very clear:
Bitcoin is expected to pull back to the range of 85500 to 86500, attempt to go long in batches, without chasing or heavy positions, allowing the market room for error.
Continue to observe Ethereum, wait for the structure and funds to show up first before discussing action. $BTC $ETH
