Summary of January 7th and Early Morning Updates:
On Tuesday, the market continued to fluctuate within a small range. After reaching a pullback space of 1000 points, I entered a short position in the evening. However, the market once again followed a washout rhythm, causing losses of over 1000 points on my short position. Subsequently, the bearish trend continued downward, and I decisively chased in during the mid-market, closing the large short position with over 1000 points of profit.
Today's layout included 3 large Ethereum trades, totaling 2276 points! Loss of 1155 points (details below).
Currently, Bitcoin prices have retreated to the expected support line of 97100, with the drop halting. The washout rhythm is evident, and both the intensity and space seem to be about the same. Since the rebound to the 102700 line yesterday, there has been a decline of over 5000 points. Moving forward, I don't expect significant pullbacks. Currently, the market has shown continuous price spikes, indicating that there is still some buying support below, and the shorts have already been heavily washed out. I'm looking for a rebound at midnight, entering the short-term fluctuations simultaneously.
On Tuesday midnight, Bitcoin is expected to continue buying on dips near the evening low point of 97000, with a short-term target around 99000 and a wave target of 102000. Ethereum has a synchronized reference low around 3400, with a short-term target near 3500 and a wave target above 3630. $BTC #比特币走势观察