Strategist Market Analysis: (Issue 163)

Review of Issue 162 Clearing Chart: From the perspective of the clearing chart, this wave of market has been continuously clearing short positions from 91500, with few remaining short positions concentrated around 98500. A large amount of long liquidity has accumulated at 96000/94100/93300.

Let's see if tonight it will push up to 99000 to clear the short positions above, before turning down to clear the longs.

Last night, the price peaked at 98940 and cleared the shorts; this morning a new wave of short sellers has entered, with a clearing price near 99500. Therefore, from the perspective of the clearing chart, 99500 is likely the final price, with longs clearing down to 97200/94500.

Reviewing Bitcoin's K-line: From the K-line perspective, this position is currently a bit high and not suitable for chasing positions, as it is easy to get trapped. Those who want to trade should either wait to short when it goes up or buy the dip as it falls; this position is quite awkward. Consider shorting around 99000 and going long around 93500.

The short position at 99000 is still a bit short, with the peak price at 98940, and this morning's price correction.

Today's trading idea: Look to short between 99000-99500, and set a good stop loss.

Bitcoin ETF: The second day of the new year performed significantly better than the first day, with a net inflow of 907 million.

FBTC Fidelity bought 357 million, while BlackRock and ARKB bought 252 million and 223 million, respectively.

Foreign investors have finished their New Year celebrations and have started their investment activities, with strong purchasing power.

Yesterday was Friday, the last trading day of this week. With this performance, the purchasing power expectation for next week is very strong.

Ethereum ETF: Yesterday saw a net inflow of 58 million, which is indeed less compared to the enthusiasm for Bitcoin. We have to wait for some of the Bitcoin enthusiasm to fade to see inflows into ETH. The long-term outlook still does not affect Ethereum's heights this year; we patiently await the era belonging to Ethereum.

Summary: The tone for the new year feels good, and as the saying goes, if you haven't entered the market, don't rush in; wait for opportunities. For those who have entered, gradually reduce positions. Everyone gets excited and rushes in, but a correction is likely to come. There will always be opportunities to enter; don't FOMO.