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The Chosen One discusses the Federal Reserve again: considering suing Fed Chair Powell, Powell should resign, I really want to fire him, but Powell's term is almost over. Maybe I will ultimately fire Powell. The Fed Chair candidate is expected to be announced in January. The short idea given yesterday suggests that Bitcoin can gain a few more points, Ethereum easily over 100 points, follow along and eat meat!
Bitcoin Auntie’s rally failed and pulled back, the daily chart shows a long upper shadow on a doji candle, indicating strong selling pressure. The rally was blocked, and combined with the New Year’s holiday, there was more selling and profit-taking. So, don’t be overly bullish for now; intraday rebounds can still be shorted!
12.30 Short Position Strategy:
If Bitcoin rebounds to 89,000-89,500, continue shorting. Conservative traders can enter at 90,000-90,500, with a stop around 91,500. Target around 88,000-87,500-87,000. If broken, look at 86,500-86,000, and keep adjusting stops accordingly!
Ethereum rebounds from 3,000-3,030, continue shorting. Conservative traders can enter at 3,060-3,090, with a stop near 3,130. Target around 2,950-2,900. If broken, look at 2,870-2,850, and keep adjusting stops accordingly!
12.30 Long Position Strategy:
Aggressive traders can buy Bitcoin on pullback at 86,000-86,500, with a stop near 85,000. Target around 87,500-88,000-88,500-89,000. If broken, look at 89,500-90,000, and keep adjusting stops accordingly!
Ethereum on pullback from 2,860-2,900, buy with a stop near 2,820. Target around 2,950-2,980. If broken, look at 3,000-3,050, and keep adjusting stops accordingly!
Recent sideways pattern has not caused losses; high sell and low buy every day means profits are there. Once this pattern breaks, follow the trend. Currently, there are no major positive or negative news triggers, so avoid blindly chasing bullish or bearish moves! #加密行情预测