【January 20 Market Summary】



Yesterday, the US stock market was closed, and the crypto market was relatively calm. However, tonight's US stock market opening is the key—tariff issues are still fermenting, and subsequent stock market fluctuations will definitely influence the crypto space.

In the short term, the EU will hold a summit on the 22nd to address tariff issues, which means the market will be quite volatile in the coming days. But the current problem is that mainstream coins are all stuck in an awkward position, and the timing isn't ideal. The market structure is almost the same as yesterday, so there's no need for further analysis.

A few points to observe:

**HYPE** Recently, there are expectations of large unlocks, so watch for selling opportunities at short-term highs. You might try a short-term bullish approach.

**Overall Market** Most coins are like still water right now. To be blunt, doing technical analysis in this kind of market is just bragging. The structure hasn't formed, signals haven't confirmed, so the best approach is to wait.

Frankly, those with patience are still observing, while those without patience have already exited. Market risks are always present, so caution is advised.

#加密市场 #BTC #HYPE
HYPE-7,04%
BTC-1,92%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MergeConflictvip
· 9h ago
A stagnant market is just torture, wait and see. --- Keep a close eye on the HYPE unlock, short-term longs might get cut if you're not careful. --- The tariffs are about to explode, tonight's US stock market opening will reveal the truth. --- Doing technical analysis right now is really just bragging; the structure hasn't even formed yet. --- Those with patience will survive; those without are probably already exhausted from losses haha. --- Don't move your position, wait for the signal everyone. --- The EU summit on the 22nd, it looks like it's going to be a roller coaster again these days. --- The crypto world still follows the stock market’s lead, it's fate.
View OriginalReply0
BlindBoxVictimvip
· 10h ago
Stagnant market conditions are the most annoying, just waiting for the US stock market to open and give some excitement.
View OriginalReply0
DecentralizeMevip
· 10h ago
A stagnant market should be patiently waited out; it's better than reckless actions.
View OriginalReply0
StopLossMastervip
· 10h ago
It's another "dead water" market situation, really annoying, just wait and see. --- HYPE unlocking and selling? Keep an eye on it, be careful not to get caught. --- The US stock market opened chaos, and the crypto world suffered along, unavoidable. --- Basically, there's no opportunity, forcing trades is just asking for trouble. --- The difference between patience and being a rookie is clear in these few days. --- Tariffs, summits... damn annoying, lying low is the safest. --- This wave of HYPE is a bit interesting, short-term longs can try, but don't be greedy. --- You guys are still calling the shots when the structure hasn't even formed? Laughable. --- People who exited early are probably sneaking a laugh now, really.
View OriginalReply0
gaslight_gasfeezvip
· 10h ago
Stagnant market is the most annoying, just wait for the signal, what else can I do?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)