Influenced by US-EU tariff tensions and hawkish signals from the Federal Reserve, BTC and ETH experienced a sudden flash crash in the morning. BTC plummeted over 3,500 USD within an hour to the 92,000 level, while ETH touched a low of 3,177 USD. Both saw over 2.5% decline in 24 hours, with nearly 600 million USD worth of crypto longs liquidated. The current market remains weak and volatile, with BTC consolidating in the 92,000-92,800 range. ETH slightly rebounded around 3,200 USD, but technical levels have broken below key support zones at 94,500-93,500 (BTC) and 3,300-3,350 (ETH). Daily candles show consecutive declines, and the short-term MACD indicates ongoing bearish momentum. The rebound is merely a weak correction, and the bearish dominance remains unchanged.
Spot Trading Strategy
BTC Direction: Short Entry: 93,000-93,800 Target: 91,500-91,000
ETH Direction: Short Entry: 3,230-3,260 Target: 3,145-3,100#欧美关税风波冲击市场
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
January 19 Afternoon Spot Market Analysis
Influenced by US-EU tariff tensions and hawkish signals from the Federal Reserve, BTC and ETH experienced a sudden flash crash in the morning. BTC plummeted over 3,500 USD within an hour to the 92,000 level, while ETH touched a low of 3,177 USD. Both saw over 2.5% decline in 24 hours, with nearly 600 million USD worth of crypto longs liquidated. The current market remains weak and volatile, with BTC consolidating in the 92,000-92,800 range. ETH slightly rebounded around 3,200 USD, but technical levels have broken below key support zones at 94,500-93,500 (BTC) and 3,300-3,350 (ETH). Daily candles show consecutive declines, and the short-term MACD indicates ongoing bearish momentum. The rebound is merely a weak correction, and the bearish dominance remains unchanged.
Spot Trading Strategy
BTC
Direction: Short
Entry: 93,000-93,800
Target: 91,500-91,000
ETH
Direction: Short
Entry: 3,230-3,260
Target: 3,145-3,100#欧美关税风波冲击市场