Crypto Market Daily Analysis (1.2)

Summary:

The overall view on BTC remains unchanged. The daily chart hasn't completed its decline, and we haven't seen the trading volume indicative of panic selling. The price has been consolidating at a high level with reduced volume over the past 4 hours. After this 4-hour rebound, we will likely see new lows. Internally, the 4-hour chart has been oscillating around the central point, indicating a continuation structure in this daily decline. It keeps reminding us that the BTC rebound and altcoin surge is an opportunity for those who are stuck to exit. Do not be naive; a rise to over 100k is not surprising, and the major moves are yet to come. Just remember, it's about exiting during the rebound. There are only two zones for the pullback: 85000-89000 is the first zone, and 77000-80000 is the second zone. Do not start positioning in spot until reaching these two zones. In the first zone, you can buy half a position, and in the second zone, you can go all in.

Operation:

BTC, short at 98500-102000, stop loss at 103500, take profit at 89000

ETH, short at 3700-3820, stop loss at 3850, take profit at 3200