#GateTradFi1gGoldGiveaway #SpotGoldHitsaNewHigh #Btc bullish

Michael Saylor says he’s thinking of buying more Bitcoin. #crypto

January 23 Night Market Observation This small rebound should be approached with caution—it looks like a trap to lure more buyers. Investors jumping on the rebound need to stay alert. Bitcoin has rebounded from its lows and looks quite strong, but the critical level at 89600 is not a concern. The 99-hour moving average is firmly pressing down from above, and trading volume simply can't keep up with the price increase. Such a rally is often orchestrated by the big players to distribute their positions. Ethereum is also rising in tandem, but the momentum is clearly insufficient. The key issue here is: the Federal Reserve's rate cut expectations have been delayed again, and market funds are generally on the sidelines, with very little driving force to push prices higher. This kind of rebound just creates opportunities for short sellers. From a trading perspective—when there's a rebound, go straight for short positions; as long as there's a push up, be ready to short. Bitcoin trading suggestion: Enter short positions in the 89700-90000 range, with a stop-loss at 90300, and target 88500-88000. Ethereum trading suggestion: Enter short positions in the 2955-2975 range, with a stop-loss at 2995, and target 2900-2880. Just after I finished speaking, the market moved again. This market is really testing our mental resilience at all times. $BTC $ETH