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Monday Cryptocurrency Market Strategy: Don't Chase the Rapid Rise in the Morning, Stay Firmly Bearish and Don't Hesitate
A new week begins, and the market curtain of 2026 has just been raised, but the international landscape has already undergone dramatic changes. During the New Year holiday, US actions stirred global turmoil. After Venezuela, the situations in Cuba and Colombia also hint at turbulence, and the tense international public opinion is directly reflected in the cryptocurrency market. Coupled with the Federal Reserve's leadership change, the release of non-farm payroll data, and rising expectations of interest rate hikes, these three factors pile up this week, ensuring the crypto market will experience intense volatility.
This morning, the crypto market staged a shakeout, suddenly surging to 93,000 amid a bearish atmosphere, causing the previously range-bound fluctuation to become uncertain again. But one thing remains unchanged: the more turbulent the international situation, the easier risk-averse assets are to be sold off—that's the market's iron law.
From a trading rhythm perspective, today remains firmly bearish. Do not blindly chase after the sharp rebound in the morning. The current level is at a high point, and the time window does not support chasing the rally. A slight misstep could mean standing at the top; combined with last week's yin-yang cycle oscillation pattern, there is no reason to chase higher at this stage. The bearish outlook remains unchanged.
Specifically for individual coins, Ethereum (ETH) is almost static, entirely driven by Bitcoin (BTC) rallying alone. The rebound strength of ETH is very weak, so there's no need to expect a catch-up rally. Just follow Bitcoin and stay bearish.
Key levels for Bitcoin are clear: the first resistance is at 93,600, with the previous high at 94,600 as a strong resistance; support levels are first at 90,800, then at 89,600. It is recommended to establish short positions in the 93,300 - 93,600 range, taking advantage of pullbacks.