2025/1/9 Nightline Views

Actually, it’s not time for the nightline yet, but it’s basically like this. The US stock market will not open tonight. If there is bad news, there will be no inflows. If there is good news, there will be no selling pressure from institutions.

The decline in the past two days is actually not bad for the four giants. The worst is the copycats. Some weak copycats were directly brought down by Brother Bingzi before they started a big rebound, and some of them directly hit new lows.

This kind of market is very tormenting. Your pattern is a roller coaster. If you don’t have a pattern, you will worry about selling it. It is still suitable for the current market to enter and exit in batches and keep a part of the bottom position.

There are still 11 days before Jianguo takes office. A few days ago, it was said that it is unrealistic to pull up unilaterally for more than ten days. Similarly, it is unrealistic to fall unilaterally for more than ten days. The high-multiple chasing long contracts have basically been washed out. After consolidation, it should start to fluctuate upward. But time is not enough. It seems that there is no way to witness a historical high in January.

The ultimate positive news will be on the 20th, but before that, the Spring Festival in Asia is on a similar date, so we still need to pay attention to the holiday effect. Japan will hold an interest rate meeting on the 24th.

January is really not fun, and the news is piled up here.

Brother Bingzi now has a not-so-obvious bottom high on the 4-hour level. Whether it is an "absolute counterattack" from here cannot be confirmed for the time being, but as long as it does not fall below this red slope line, there is no need to panic. 916-920 below is an oversold discount area. Those who want to buy the bottom can wait and see, but I don’t think it should go that deep.

It fell by more than 9,000 points in 3 days, telling us that if you miss the correct entry position, don’t chase high to enter the market. Chasing high should bring a stop loss, whether you are spot or contract. If it falls below the position, there will be no more illusions. Reduce positions when it rises, and reduce positions when it falls. There is no risk in being trapped. The risk comes from inappropriate position management.

If you are stuck in the spot market, hold on to the coin-based market. Wait until the 4-hour slope line returns to positive, or a new double bottom pattern appears, or Bitcoin closes above 940 for 4 hours, then consider the coin-based market 1x.

At this time, it is better to watch more and do less than to keep taking the needle and sweeping the losses.