Weekly Market Analysis in the Crypto Space (01.26)

Summary:

1. From Japanese Bonds to Liquidity to U.S. Stocks

2. Nomination of the Federal Reserve Chairman

3. Interest Rate Decision and U.S. Government Shutdown Not Being Bearish and Its Reasons

4. Crude Oil, Natural Gas, and Precious Metals

5. Focus on Banks and Real Estate this Week

6. Brief Discussion on U.S. Stocks

7. Structure of Bitcoin at Daily Line Level

Operations:

1. $BTC Long Position Held, Take Profit 98500, 85555 for Additional Purchase.

2. $ETH Long Position Held, Take Profit 3403.

3. $SOL Long Position Held, Take Profit 148.8.

Originally, I thought that if there was an opportunity, I could place long-term short positions in mid-February after making two daily line level trades. Since I did not enter the medium-term short position, I could only take one medium-term long position. However, I also mentioned that the medium-term short position was optional, while I was definitely going to take the medium-term long position.

In my view, the current medium-term long position has very clear profit expectations and stop loss levels. I have already explained this clearly in the last market analysis and in posts from the past two days.

1. Since the weekly upward movement has not ended, the take profit is at the previous high level;

2. Since the starting point of the weekly upward movement is 84500, the stop loss is when it breaks below 84500 and then bounces back to 86000.

However, even so, since I did not update the market analysis yesterday, many people still came to ask me today if they should stop loss on the long position, whether they can still hold, and if the take profit has changed?

In fact, if you look at it from a time perspective, I have already mentioned that the bottom will be seen at the latest by this week, or last week at the earliest. From a spatial perspective, Bitcoin has not even managed to connect with my last long position order at 85555. But if you keep staring at the market, especially if you are looking at smaller time frames, it can easily affect you. Some people cannot hold their positions probably for this reason.

So everyone really should not stare at the market too much; just take a glance in the morning when you wake up and another glance before you sleep.

I also mentioned that I was bullish in January. Everyone should pay attention to the high probability of a fourth month closing positively after three consecutive bearish monthly candles. Coupled with the macroeconomic factors mentioned earlier, as long as the monthly line is in a "bearish candle" state, it is a good position. Moreover, from the support and resistance perspective, closing this month above 90000 is also a highly probable event. Additionally, if it does close bearish this month, as long as it does not break crucial levels, wouldn't February be even better?