Good evening everyone, I am Xin Ya. This year, many people have already been able to realize their New Year's wishes, as the market has provided opportunities, and we have made the right choices. This is simply following the trend, nothing more. Whether it's Bitcoin at 96,500 or Ethereum around 3,380, the two extreme positions given by Xin Ya have become the market's pin points. The rolling points of 3,120 and 91,000 provided on the 10th have become turning points in the market. At that time, there were over 20,000 views, which was decent.

After each market segment concludes, we need to understand the psychology of three types of people: the second layout of profit-takers, the second position building of losers, and the minimum expectations for cutting losses and breaking free of trapped positions. Only by finding the consensus point among these three groups can we infer the most reasonable possibilities for the future market. In the past twenty-four hours, nearly 700 million dollars in short positions have been liquidated in the crypto circle, while only 100 million dollars in long positions have been liquidated. This round of price increase has ended a large number of short positions around 90,000. When bullish sentiment rises, the liquidated shorts will become a force for acceleration. Additionally, the favorable macro environment and domestic policies allowing individuals to hold and trade have strengthened bullish sentiment.

Therefore, we can see that when Bitcoin pushed up to 93,800 yesterday, buying pressure increased again, pushing the price up to around 96,800. The subsequent hourly candlesticks showed a pullback without long wicks or strong selling pressure, and the pullback rhythm was uneven, resembling a phased exit of profit-takers. During this consolidation, Bitcoin moved towards 94,800. At ten o'clock in the evening, buying pressure increased again in this area, and the first hourly candle pushed up by 2,000 points, with the second candle hitting a new high, and buying pressure continued to increase, indicating strong bullish sentiment. The current upward channel has not yet completed, and there is no obvious suppression; after the consolidation, the market will continue for a while.

As for Ethereum, at six o'clock in the morning, buying pressure increased around 3,200, and a large bullish candle reached around 3,380, liquidating 170 million dollars in shorts at that time. This clearly indicates that the shorts have turned into fuel. Therefore, after Ethereum closed at 3,330, it did not continue its previous strength. After Bitcoin's buying pressure increased and refreshed its high in the evening, Ethereum did not catch up, falling short of the pin point. This kind of movement in a bullish market often sees consolidation in the first half and a catch-up in the second half.

Due to Bitcoin's recent increase of 5,000 points and Ethereum's nearly 300-point rise, many people are facing the dilemma of missing out and not daring to chase the rise or short against the sentiment, choosing to wait and see. Looking at the details, the push of Bitcoin and the lack of synchronization with Ethereum have already indicated that the shorts are getting restless. The first pin point is generally a test, so there will be people entering to short during the second test. As long as one side of Bitcoin or Ethereum has not completed the test, it means only one side has received it. Therefore, in the future, Ethereum may consolidate and force positions, while Bitcoin will move upwards during consolidation. The market is still expected to rise; one can enter short positions at 94,800-95,200 for Bitcoin and at 3,300 for Ethereum, with stop losses at 94,200 and 3,258 respectively. If shorting, one can aim for 97,500 for Bitcoin and 3,380 for Ethereum, with stop losses set closer for a decent risk-reward ratio. It is still recommended to follow the market sentiment.

To follow along: Public account, Xin Ya talks about trading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。