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Hello traders! The recent market has been quite interesting—Bitcoin has broken through the $97,000 mark strongly, and it hasn't looked back since January 14. Within 24 hours, short positions were liquidated for over $700 million, with BTC and ETH bearing the main pressure. This signals clearly: the bulls are starting to take the helm.
Market funds are also quite lively. Ethereum surged by 5% in one go, surpassing $3,380, leaving behind the critical resistance level of $3,300. Institutional funds have poured in significantly, with reports indicating that a major staking platform has invested around $4 billion in ETH. Coupled with record-breaking inflows into spot ETFs, traditional giants are also following suit. This market movement shows that institutional confidence has indeed returned.
From a technical perspective, Bitcoin is now stable above $96,000, but we should be cautious of potential adjustments caused by geopolitical noise—recent tensions in the Middle East have been somewhat tense, and such risk events often disrupt the rhythm, possibly pulling the price below $96,000. So, if bulls want to position, it’s recommended to do so like this: if Bitcoin holds the support at $91,000, consider buying the dip with spot positions or hedging with futures long positions. The upside target is around $100,000, or even higher, but be sure to set a stop-loss at $95,000 to avoid being caught by a false breakout.
Ethereum might have even greater opportunities. Industry analysts generally believe that the mini bear market has come to an end, with some experts even predicting ETH doubling by 2026, potentially surpassing Bitcoin in strength. In the short term, a reasonable target range is between $3,450 and $4,000, as DeFi and application ecosystems remain hot, making it suitable for swing trading to capture profits.
Regulatory battles are ongoing, and stablecoins and market structure still have many uncertainties. But from another perspective, this could be a good time for large funds to accumulate at low prices. It’s recommended not to go all-in at once; instead, diversify into potential altcoins like SOL and DOGE, building positions gradually to hedge against volatility. This way, you can participate in the market without being hit by single-point risks.
How have you been adjusting your positions recently? Are you following the trend to add more Bitcoin, or shifting towards Ethereum for higher yields? Share your thoughts!