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January 28 BTC Market Analysis
$BTC The turning point in the market often quietly develops amid calmness. Recently, there has been a surge of negative news, with Bitcoin showing a weak trend and experiencing multiple oscillations and declines; combined with the volume surge and breaking of historical highs in commodities like gold, silver, and copper, on-site funds have seen significant outflows. The ETF also recorded the second-highest single-day outflow of the year a few days ago. Currently, on-site funds are severely insufficient, and market capitalization continues to shrink. However, as commodities like gold peak and funds exit their safe-haven positions at high levels, there is an urgent need to find the next investment reservoir. BTC is an excellent choice, expected to smoothly absorb this influx of funds, driving the price steadily higher, and becoming an important target for large capital to realize asset appreciation and preservation.
For ordinary retail investors, the core strategy is four words: follow the trend.
Spot trading: I have always advised everyone to hold mainstream cryptocurrencies firmly and avoid impulsive actions. Take advantage of dips to add positions. For BTC and ETH, the two main targets, continue to add if you have spare funds.
Futures trading: Yesterday, Bitcoin dipped to a low of 87,220. The downtrend has not yet reversed, but after the US stock market opened at 22:30 last night, liquidity increased, and ETF also saw large inflows. The operation remains focused on buying low and selling high, with the 90,000 level as a key dividing line for bullish and bearish positions, serving as a critical reference.
Specific Trading Strategies
Bitcoin: Buy in the 88,500-88,750 range
Sell in the 90,280-90,760 range
$BTC