What are you afraid of in the market? Are you opening short positions when you're unhappy? Things are always a yin-yang pair; this is a major trend—where there is yin, there is yang. Don't always think the market will be good, good, good, good—when it's not, open a short. It's truly a good day for rain and rainy days.

Below are some foolish opinions from certain people; above is mine.

#欧美关税风波冲击市场 BTC breaks below 93,000, ETH loses support at 3,230, the bullish and bearish struggle in the crypto market intensifies—bottom fishing or waiting on the sidelines?
January 19, 2026, the crypto market faces a shocking moment! Bitcoin (BTC) sharply drops below $93,000, Ethereum (ETH) falls over 3% simultaneously, the entire network's liquidation volume surges, and panic begins to spread. Is this correction a brief pause in the upward trend or the start of a new round of decline?
Technical warning lights: Two major coins show signs of correction
From a technical perspective, BTC and ETH are both entering correction cycles in the short term, with multiple key indicators issuing early warning signals that require high alert.
1. Bitcoin (BTC): Daily chart turns weak, beware of death cross risk. On the daily level, BTC has clearly broken below the EMA20 moving average ($92,673.25), and the Supertrend indicator has officially turned bearish. This indicates that short-term bullish momentum has been exhausted, and the correction cycle has officially begun. RSI is currently at 59.83, still in a neutral zone but showing a downward trend, with clearly insufficient upward momentum; more critically, MACD shows signs of forming a death cross. Once confirmed, it will likely accelerate the price decline. From a multi-timeframe resonance perspective, the hourly chart shows a clear downward trend, with prices falling along the short-term moving averages. Every rebound appears weak, and the fight around $92,000 has become intense. If it breaks, the next target will be directly at $91,000. On the weekly chart, there is a risk of divergence at the top; the previous long wick top pattern indicates enormous pressure at the $100,000 level. Short-term, it’s unlikely to break through immediately, and high-level oscillation is probable.
2. Ethereum (ETH): Lengthening green bars, support levels at risk. ETH's technical pattern is weaker than BTC. The daily chart also shows a break below the EMA20 at $3,256.8, and the Supertrend indicator has turned bearish. RSI is at 52.3, showing a neutral to weak pattern with insufficient upward momentum. MACD green bars are lengthening, and the death cross signs are becoming more obvious. Support near zero line is crucial; once lost, the correction could deepen further. Bollinger Bands show the price has fallen below the midline, with the opening narrowing, indicating increased market volatility. The lower band around $3,180 is a key short-term support. If broken, it could trigger a move down to $3,150. The hourly chart also shows weak rebounds, with support at $3,200 tested repeatedly. If it cannot hold, short-term sentiment may worsen further.
Bearish resonance: macro + regulatory pressures cool market sentiment. This correction in the crypto market is not isolated but a resonance of macro factors and market sentiment. Three major bearish factors deserve attention:
1. Changing macro environment: The change in the Federal Reserve chair candidate has significantly cooled expectations of rate cuts, directly leading to rising US Treasury yields and a strengthening dollar. Under this background, global risk assets are under pressure. Bitcoin and Ethereum, as high-risk assets, naturally cannot escape the downward linkage. Additionally, the ongoing US-EU tariff war intensifies, global stock market volatility increases, further dampening crypto market sentiment.
2. Deteriorating capital sentiment: The total liquidation volume across the entire network in 24 hours continues to rise, with short positions increasing. Market panic intensifies. Historically, concentrated liquidations of high-leverage positions often trigger chain reactions. Once key support levels are broken, a cascade of sell-offs may occur. Current signs show capital fleeing the market, and short-term sentiment is unlikely to recover quickly.
3. Regulatory uncertainty: The progress of the US “Clear Law” bill is under close watch, but its passage within the year remains uncertain. Regulatory disagreements directly affect the inflow of institutional funds. Without additional capital support, the market will find it difficult to sustain previous upward momentum, and a correction or consolidation pattern is likely in the short term.
Bottom fishing or waiting on the sidelines?
The two most stable approaches to the current correction are: avoid blindly bottom fishing or panicking to cut losses. Combining short-term volatility with medium- and long-term trends, here are two strategies for different risk preferences:
1. Short-term trading (intraday/4-hour): Light positions, strict risk control. For short-term traders, it’s recommended to adopt a “light position” approach, avoiding high leverage:
- BTC short opportunities: rebound to $94,000–$95,000. If RSI does not break above 60 and MACD confirms a death cross, consider small short positions with stop-loss above $95,500 (near intraday high), targeting $92,000–$91,000.
- BTC long opportunities: if price stabilizes at $91,900 and RSI rises above 50, try small long positions with stop-loss below $91,000, targeting $93,500–$94,000.
- ETH short opportunities: rebound to $3,270–$3,300. If RSI does not break above 55 and MACD forms a death cross, consider small shorts with stop-loss above $3,340, targeting $3,200–$3,180.
- ETH long opportunities: if price stabilizes at $3,190 and RSI rises above 50, try small longs with stop-loss at $3,150, targeting $3,260–$3,280.
2. Medium-term positioning (daily/weekly): Patience and wait for stabilization. For medium-term investors, the key strategy is “wait for stabilization” to avoid early entry:
- BTC: focus on the support at $90,000. If it stabilizes here, consider phased building with stop-loss below $88,000, targeting $98,000–$100,000. If it breaks below $90,000, it’s better to wait for clearer stabilization signals.
- ETH: monitor the critical support zone at $3,150–$3,180. If it stabilizes, consider phased entry with stop-loss at $3,100, targeting $3,350–$3,400. If it breaks below $3,150, consider exiting to avoid further correction risk. Risk control red line: whether short-term or medium-term, keep positions within 30%, strictly avoid high leverage. Keep a close eye on US stock trends, the dollar index, and ETF fund flows. If macro sentiment worsens, adjust strategies immediately.
Market outlook: oscillation or correction? The key depends on these two signals
In the short term, BTC is likely to oscillate between $91,000 and $95,000, while ETH trades within $3,190–$3,300.
Market direction depends mainly on two key signals:
First, whether macro sentiment improves. If expectations of Fed rate cuts reignite and US stocks stabilize, funds may flow back into crypto, with BTC potentially challenging $98,000–$100,000, and ETH possibly testing $3,350–$3,400. Second, whether key support levels hold. If BTC falls below $90,000 and ETH below $3,150, a deep correction may occur, with BTC targets at $88,000–$85,000 and ETH at $3,100–$3,050.
Finally, a reminder: the current market is highly volatile with intense bullish and bearish battles. All operations should prioritize risk management. It’s recommended to adjust strategies based on technical indicators and news dynamics, and avoid blindly chasing highs or selling lows.