2.23BTC/ETH Market Outlook:

A new week begins with Bitcoin opening with a sharp drop. This is influenced by geopolitical factors and unreliable tariff comments. Gold and silver responded with a sharp rise, while the crypto market plunged across the board. Multiple positions were liquidated, with over 136,000 traders being forced to close. Although on Saturday, Zhong Liang advised caution against rebounds, he never encouraged traders to go long throughout the entire period. He kept emphasizing that a rebound is a shorting opportunity, urging traders to cherish high-altitude short positions. Missing the rebound is better than getting caught in a rapid rise and fall. Once a rally occurs, if you can't exit in time, you'll be trapped. Therefore, it's better to abandon hope and focus on shorting at resistance zones!

Bitcoin's weekly chart shows five consecutive bearish candles, with all three Bollinger Bands opening downward. The price has been pushed down along the lower band. The KDJ and RSI indicators are turning downward, and the MACD bearish momentum continues to expand. So, those teachers calling for a bull market and urging you to buy the dip truly don't know their intentions, nor do they know if you've even wished them a Happy New Year. The market has been bearish for a while. Isn't it more profitable to short with the trend? Many think they are big shots with unlimited bullets, stubbornly holding long positions?

On the daily chart, rebounds haven't even touched the middle Bollinger Band before falling back down. The Bollinger Bands are narrowing, and recent volatility has not broken the 65,000 level. Today, it broke below that level. Currently, the lower Bollinger Band has limited space, and it hasn't started to open downward yet. So, I don't recommend rushing into shorts aggressively. Although the KDJ and RSI are turning downward, and the MACD bullish momentum is shrinking, chasing shorts at this point isn't very cost-effective. We know the price will fall; it's just a matter of timing. It's better to wait for a rebound to go short, avoiding getting caught in a trap.

On the 4-hour chart, a large bearish candle directly pierced below the lower band. The KDJ and RSI are turning downward, and the MACD bearish momentum continues to expand. The hourly chart shows the price has moved back above the lower band. After RSI became oversold, it turned upward, and MACD bearish momentum is shrinking. There are signs of a short-term bottoming. I personally don't recommend participating in long positions in this choppy, rapid-rise-and-fall market. If you can't exit a long position in time, you'll easily get trapped. Of course, if you're a short-term trader with high skill, you can trade as you wish—go long or short at will!