Market Overview (1.19)

Trump Coin:

Price skyrocketed from $0.1 to $39.2 after publicized orders by Trump.

Bitcoin ("Big Cake")

Consolidating at high levels, fluctuating around 105,000.

Ethereum:

Trading near $3,300, with significant volatility.

Market Sentiment:
The market remains overheated, with bullish sentiment dominating. However, caution is advised due to potential bear-market corrections.

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Technical Analysis

Daily Chart:

Morning candlestick shows long lower shadow, indicating strong bullish momentum.

High: 105,439

Low: 104,228 (minor pullback, consolidating).

Bulls and bears are evenly matched; no clear trend yet.

4-Hour Chart:

Bollinger Bands: Upward trend, price moving between middle and upper bands.

KDJ Indicator: Bullish divergence (lines moving upwards).

MACD Indicator: Two lines stuck at a high level.

Volume: Significant decline, signaling retracement risks.

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Market Sentiment and Strategy

Current Climate: Overheating market due to Trump’s upcoming presidency. Short-term liquidation risks are high.

Recommendation: Avoid entering long positions for now. Focus on short positions for the day.

---#$TRUMP Continues to Rise

Trading Plans

Bitcoin (BTC):

Resistance Levels: 105,800 | 106,500 | 107,800 | 108,500

Support Levels: 104,000 | 102,500 | 101,000 | 99,000

Short Strategy:

Aggressive Entry: Near 105,500

Conservative Entry: 106,000–106,500

Defense Level: Above 107,800

Targets: 104,000 | 103,000 | 102,500 (strong trend: 102,000–101,000–100,000)

Long Strategy:

Entry Range: 99,000–100,000

Defense Level: Near 98,000

Targets: 100,000 | 101,000 | 102,000 | 103,000 | 104,000

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Ethereum (ETH):

Resistance Levels: 3,450 | 3,500 | 3,570

Support Levels: 3,300 | 3,250 | 3,100 | 3,000

Short Strategy:

Aggressive Entry: 3,350–3,400

Conservative Entry: 3,450–3,500

Defense Level: Near 3,570

Targets: 3,300 | 3,250 (strong trend: 3,200–3,100–3,000)

Long Strategy:

Aggressive Entry: Near 3,150

Conservative Entry: 3,050–3,100

Defense Level: Below 3,000

Targets: 3,200 | 3,250 | 3,300 (strong trend: 3,350–3,400–3,500)

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Final Note:

Market expectations are high, with predictions for BTC to reach 120,000–150,000 after Trump takes office. However, policy uncertainty poses risks. Avoid impulsive trades. It's wiser to secure smaller gains than risk heavy losses in an unpredictable market.
#BTC Back Above $100K