Today is Thursday, January 16, 2025, the market has returned to 100,000 points as expected, but many investors have missed this rally due to liquidation or stop-loss when BTC fell below 90,000 points previously. This rally has been very fast, with hardly any retracement opportunities. If you didn't get in on time, it's easy to miss the pump.
Yesterday we mentioned that you can chase the rally in Ethereum, which has now reached a high of around $3,470, and the exchange rate has also rebounded, meeting expectations. Overall, the control of this rally rhythm is not bad.
Market Performance Analysis
Looking at the data, the largest liquidations, whether it was when BTC fell below 90,000 points or when it hit 100,000 points, came from Ethereum. This shows that a lot of capital has been deployed in Ethereum, especially large capital and whale players, which provides support for Ethereum's future performance.
With BTC breaking through 100,000 points, other mainstream Altcoins have also seen significant rebounds:
XRP has hit a new high in its rebound, reaching a new high in market cap, driving the rebound of old-school Altcoins (such as XLM, HBAR, LTC, ADA).
Other standout performers include:
THETA and some Trump-concept related coins (such as ZEN, DOGE).
AI sector: such as AIXBT, CGPT.
Ethereum ecosystem: such as LDO, LQTY, ENA.
DeFi ecosystem: such as SUSHI, CRV, COMP, as well as WIF, JTO in the SOL ecosystem.
Market Sentiment and Strategy Recommendations
With BTC back at 100,000 points, market sentiment has clearly improved. Currently, the market has expectations of further upside:
Bull-Bear Tug of War: The previous downtrend did not give the bulls a chance to stop loss, and this uptrend has not given the bears a chance to stop loss either. The current 102,800 area is an area where short-side liquidity is concentrated, and the big players will most likely try to take this high point.
Ethereum Opportunity: The short-side liquidity in Ethereum has not yet been touched, and the rebound momentum in the Ethereum ecosystem is good. With the strong performance of XRP, it further provides upward momentum for BNB and ETH.
Trading Recommendation: Ethereum is currently in a retracement, and you can boldly deploy at low levels. The overall market is still positive, and there is still the possibility of further upside.
Conclusion
In the short term, the market sentiment has turned positive, and opportunities still exist.
Finally, there are actually a lot of things that haven't been written in, such as specific opportunities, specific decisions, these are often not something that can be summarized in an article.
If you want to know more about the wealth code, or if you have any doubts, follow the public account: Caijing Dongchen
