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1.20 Tuesday Midday Market Analysis
News: Trump is showcasing his mastery in policy implementation. Domestically, there are lawsuits against Powell threatening the independence of the Federal Reserve. Internationally, not only are tariffs being increased, but war is also escalating. Germans are terrified and are even proposing to reform the United Nations, plunging the entire world into uncertainty. Last night, the US market did not open, and the market reaction remained relatively stable. Currently, the Asian market is still in panic, but the intensity is not as strong as yesterday morning. The main liquidity in the market is provided by the US, and we need to observe the US market's movements.
Technical: The lows are all caused by negative signals. After the US stock market opens, there may be a phenomenon of the crypto market collapsing. Personally, I believe that the current bearish sentiment has not fully launched yet. The "姨太" (mistress) follows Bitcoin's fluctuations and trades according to Bitcoin's rhythm. Watch for support around $3100.
BTC Trading Suggestions: Short near 92800-93300, stop loss at 93800, take profit at 91500-90800.
ETH Trading Suggestions: Short near 3200-3230, stop loss at 3260, take profit at 3150-3088.