2025.1.1 Market Analysis: Bitcoin surged and then fell back, short positions should be reduced.

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5 days ago

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  BTC: The price of Bitcoin rebounded to around 96,200 last night, which is also the entry point for the short position mentioned last night. A key level to pay attention to recently is that as long as the daily level cannot effectively stabilize above 98,000, the price is unlikely to have a significant rebound, and overall it may still build a central consolidation.

ETH: The resistance at 3,450 is quite obvious. After a sharp decline in the short term, the price may have a slight rebound, so watch for whether it can stabilize above 3,400.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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