#数字资产市场动态 January 20th, the crypto market plunges into a cold wave, with bearish forces taking full control.

In terms of price performance, Bitcoin failed to hold the 91,000 level, sliding down to a low of 90,636, with hardly any decent rebound opportunities during the period. Ethereum's performance was even weaker, with the 3,100 support level unable to hold, dropping as low as 3,083. The synchronized movement was more fierce than many traders expected.

What is the driving force behind this? On one hand, market volume has significantly increased, with longs concentrated in liquidation and forced sell-offs, completely releasing selling pressure. On the other hand, macro-level pressures are also hitting simultaneously—ongoing US-EU tariff negotiations and the Federal Reserve's upcoming interest rate decision, all these factors exert a double pressure on risk assets.

A reminder to all traders: the short-term bearish pattern is now very clear, and any form of blind bottom-fishing is essentially fighting against your own wallet. The market is like a snowy road—already slippery, and now even more prone to slips. The smartest approach is to control impulses, manage your fingers, and wait for clearer signals before taking action. $BTC $ETH