#TTC US stocks are down, and the price of longs is cautious about chasing rising prices! 1.17 BTC lady's medium to long term layout

The initial claims for unemployment benefits increased slightly, and the US stock market also declined as scheduled, which is a negative for the cryptocurrency market. The short positions laid yesterday made a profit of more than 50 points in Ethereum, but the long positions in Bitcoin exerted strength, regrettably stopped out! The morning long positions continued, and Ethereum was forcibly pulled near 3400! Currently, the market only sees Grayscale adding more than 70 million dollars! No other positive news has been seen!
Technically, from a daily perspective, there was a long shadowed bearish candle, but with a slight upper wick. The Bollinger Bands are widening, and the KDJ three lines are diverging upwards with a golden cross, while the MACD two lines are also diverging upwards with a golden cross. The overall trend is dominated by long positions, but in the near term, the coin price is oscillating widely between the upper and lower Bollinger Bands. Caution is advised to guard against the strength of the bearish retracement in the coin price!
In the four-hour view, the Bollinger Bands are narrowing, and the currency price is running near the upper rail, indicating insufficient strength in long positions. The KDJ three lines are moving downward and are currently in a glued state, with the risk of a death cross downward. The MACD double lines are diverging upward, but the volume is severely shrinking. Everyone, please be cautious and avoid chasing rising prices!
Looking at the overall US stock market, the stock market is low, but the currency price is rising. There is not much capital inflow into the spot ETF market, so Conan still prefers a bearish retracement during the day. In terms of operation, Conan believes that short-selling at high positions will be more profitable, and there is an opportunity to lay out medium to long term! Pay attention to the resistance positions at 102200, 102700, 103500, and 105000, and the support positions at 98500, 97500, 96500, and 96000.
1.17 Big Pie Operation Strategy: Aggressive players enter the market for short positions at 101500-102000, while conservative players enter at 102500-103000. Defend above 103500, with a target around 100,000-99000-98500, and medium to long term target around 97000-96000-95000.
Long position idea: Try to enter long position within 97500-98000 during the day, with a stop loss near 97000, target around 99000-100000, and break through to around 101000.
1.17 Ethereum operation ideas: Aggressive traders short at around 3400, conservative traders enter around 3450, defensive at around 3500, target range is around 3350-3300, medium to long term target is around 3200-3100-3000.
Long position idea: Enter the long position near 3200 for the first time during the day, with a stop loss of 40 points. The target is around 3250-3300. Hold if broken and look at around 3350.
Trump is about to take office. It is still unknown whether he will sign favorable policies for the currency circle after taking office. However, judging from the recent market conditions, either it will directly pull up without looking back, not giving everyone the opportunity to get on board. Or it will deeply intervene, and I think there is a greater possibility of a deep downward intervention! So I am laying in wait to short, continuously moving the stop loss to enlarge the space.