Market Analysis:

The market has bottomed out and is rebounding! Last night, BTC rebounded back to around $79,000, ETH at $2,346. However, behind this rebound is over $870 million in long and short liquidations within 24 hours, bloodshed everywhere.

Macroeconomics:

1. The hawkish stance of the Fed remains unchanged, with the probability of a rate cut in March at a low 8.9%;

2. Precious metals have stabilized and US stocks are rising, easing some selling pressure;

3. ETF outflows continue, institutional funds have not yet returned;

4. Regulatory disagreements persist, and funds remain cautious.

Trading Recommendations:

- Short-term short positions: BTC $79,500–80,000, ETH $2,450–2,480 (light positions with stop-loss);

- Low-cost buying: BTC $77,500–78,000, ETH $2,280–2,310 (buying on stabilization).

Special Reminder: As long as the volatility hasn't broken, prioritize watching the market. Combine shorting on rebounds with extreme low-cost buying, and strictly control position sizes and stop-losses!