Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#数字资产市场动态 January 18 Late Night Market Analysis: $BTC Long and Short Positions on $ETH and
Opinions on Bitcoin
Bullish Strategies
Positioning is crucial—when BTC retraces to the 95000-95100 range, if the candlestick shows increased volume and stabilizes (such as a hammer or bullish engulfing pattern), it’s a signal. Place stop-loss below 94800 to keep risk manageable. The target levels are twofold: first, see if BTC can hold above 96000-96200, then push towards 96600-97000. An important detail: if the price breaks through the resistance at 95250 with continued volume increase, it indicates strong buying power. You can add to your position, with profit potential exceeding 1000 points.
Bearish Entry Strategies
When BTC rebounds to the 95200-95300 range and forms a high-level pressure candlestick (shooting star or bearish engulfing), be alert. Set stop-loss above 95400 to prevent false breakouts. The lower targets are two layers: 94400-94600 as the first layer, and 94000-94200 as the bottom layer. The key is that if the price falls below the 95000 support level with increased volume, it indicates significant selling pressure. Consider adding short positions, with a potential space of over 1000 points.
Ethereum Strategy Framework
Bullish Approach
When ETH retraces to the 3315-3320 range and shows volume and stabilization patterns, it can be considered for participation. Set stop-loss below 3305. The initial target is to stabilize above 3380-3400, then continue challenging 3420-3440. If the price breaks through the 3325 resistance with increased volume, indicating ongoing bullish momentum, you can add to your position, with a profit potential starting at 80 points.
Bearish Approach
When ETH rebounds to the 3325-3330 range and forms a volume-based pressure candlestick, be cautious. Stop-loss should be above 3340. The layered targets for shorts are 3240-3250 and 3200-3220. Once the price falls below 3310 support with matching volume, it indicates increasing selling pressure. At this point, consider adding to short positions, with a potential space of 80 points.
Final Reminder: Precisely capturing breakout signals and entry timing is challenging. The key is to monitor volume changes and price reactions closely. Buy and sell signals often lie in the details.