Market Trend Analysis for the 1.5th#加密市场开年反弹

First, regarding intraday conditions, I personally think it’s better to focus on short-term trading for now, as the market still requires some confirmation, and there is enough room for movement.

Short Position Liquidation Points:
93481, 94057, 94633-95209 (Last liquidation zone for shorts)

Long Position Liquidation Points:
91849, 91273, 90697, 90121-89449 (Last liquidation zone for longs)

Order Flow Data:
Short-term Resistance Levels:
Watch 92700—can the market hold steady at the current price? If the market continues to push higher intraday with sideways movement rather than falling, shorts should look for opportunities to short between 93500-94700, aiming for short-term gains.

Short-term Support Levels:
Regardless of whether this wave is a false breakout followed by a decline or a continued rally, I prefer to take intraday long positions. If the market continues to rise, it’s profitable; if it fails to break higher, treat it as a test of support—easy to accept and does not affect judgment.
90000-90450 (Place short-term longs intraday, defend at 88500, target 91780-92000 for profit-taking, then reassess for further action)
87700-88500 (If the price breaks below 90000 and the rally fails, look for a bottoming rebound zone)

Long positions below 85600, which have been held for a long time, are temporarily withdrawn; this wave did not give an opportunity at the bottom.

Liquidation Levels:
Intraday short liquidation level mainly around 94000; long liquidation mainly between 89200-90000, effectively defining an intraday trading range of 90000-94000.

Main Force Data:
On-chain data shows that longs around 92500 have mostly exited after being in surplus; from below 90000 to 92500, shorts have entered around 93000 but have been reducing positions intraday. Therefore, on-chain feedback suggests that longs are better off waiting for a retest before adding more.

Long-Short Ratio:
Long 0.5 : Short 0.5

(The above is only personal opinion and does not constitute any investment advice.)