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January 14 Intraday Market Analysis📊
Brothers, good afternoon. Woke up to find the short sellers all buried. No choice, as long as I set a stop loss, I’ll just accept it. I also need to reflect; I keep shouting long positions every day, and I’m so stingy with entry points that I miss out on longs. I’m too obsessed with precise entry points, which caused me to miss the boat on longs. I’ve been introspecting all morning!
Last night, ETH hit 3132 and reached 3220. I don’t know if you guys took action?
The market is so strong now, everyone’s main concern is where to get in. So let’s see how to play it next?
⚠️ Return to the Market
Currently, it’s all upward structure,
First resistance for Bitcoin: 96800,
Second resistance: 98800,
Third resistance for ETH: around 3450,
SOL resistance: 150, 157
During the day, it’s been sideways at high levels. Although we know it’s an uptrend, chasing in directly is risky. If it pulls back, you’ll get caught. So be patient and wait.
⚠️ BTC intraday pullback supports are in the 94500-93800 range. If broken, watch 93100 and 92500.
⚠️ Pay attention to support levels, consider going long on pullbacks.
⚠️ If it surges again to 96000–96800, you can short with a stop loss at 97000!
The market yesterday pulled from 92500 to 96800. It’s unlikely to jump straight to 100,000; some consolidation and a pullback are needed for a rest.
⚠️ Medium to long-term short positions around 96500 with 1% initial capital, add 2% at 98800, aiming for a spike to 100,000, then add 2% again. Use 20x leverage. If the daily candle closes above 100,000 and stays steady, stop out. The Fed won’t cut rates on January 27, and probably not in March either. Trump’s rhetoric can boost the market, but it’s bound to break eventually…
⚠️ ETH
Rebound target: 3400–3450,
Intraday support: 3114,
If broken, watch 3250–3210.
⚠️ SOL
Sol is really strong. Last night, support at 140 held firm, heading north. Resistance at 148–150. Short positions with small stops can be taken.
⚠️ Intraday support levels: 142, 140, 138.
Pay attention to support levels when going long.
⚠️ In trading, whether long or short, always set a stop loss. It’s okay to get stopped out. As long as you don’t hold onto a losing position, you’ll never get liquidated!#GateTradFi上线