Market risk aversion dominates, and bulls are in a passive position.
**Precious metals perform remarkably** — Gold hits a new high again, with London Gold stabilizing at the 4730 USD round number, and domestic silver rising by over 3.6%. The surge is driven by safe-haven funds and expectations of interest rate cuts. A short-term pullback to the 4720-4725 USD or 2.28 million yuan range presents an entry opportunity, mainly focusing on a low-long strategy. However, stop-losses should be set properly; if the price drops to 4718 USD or below 22,500 yuan, exit decisively. The target remains the previous high.
**Risk assets are under obvious pressure** — The three major US stock indices fell more than 1.7%, and the crypto market adjusted accordingly. Bitcoin broke below the 88,000 USD key level, and Ethereum also lost the 3,000 USD mark, with bearish sentiment prevailing. The prudent approach at this time is to hold a light position and observe, considering short positions again after a rebound near 90,000 or 3,000 USD. Stop-losses are set at 90,500 USD or 3,020 USD, with support levels below being key targets to watch.
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OnchainHolmes
· 6h ago
Gold is rising again, the crypto market is falling again, this safe-haven sentiment is really strong
4730 I’ve been in early, now just waiting for a pullback to buy cheap
BTC falling below 88000 is a bit scary, but a rebound at 90000 could be a good shorting opportunity, who’s afraid of whom
Silver rose by 3.6%, a good increase, but it got slapped in the face by this wave of market movement
This market still needs to stabilize, light positions are the way to go, don’t be greedy
Breaking 88000 is really interesting, just waiting to see how the rebound plays out
Gold prices hit a new high, the bullish trend for gold isn’t over yet, just see how high this wave can push
BTC has been hit hard this time, it feels like it will continue to be under pressure
The safe-haven market supported by rate cut expectations, whether it’s reliable or not depends on the Fed’s stance
Holding a light position and observing is indeed safer, stop messing around, wait for signals to act
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ProtocolRebel
· 01-21 11:49
Gold hits a new high again, this round of safe-haven rally is really intense.
In the crypto world, dropping below 88k is a bit uncomfortable, the bears are too fierce.
Let's stay light and wait for a rebound signal.
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ColdWalletAnxiety
· 01-21 11:48
Gold hits a new high again? It seems the safe-haven sentiment will last for a long time, and the crypto circle still has to continue kneeling.
Bitcoin failing to hold 88,000 is a bit hard to sustain; this rebound to 90,000 is a good opportunity to try shorting again.
Silver's increase of over 3.6%? That's true resilience, it should have been paid more attention to earlier.
US stocks dropped over 1.7%, and the crypto market is following suit, a typical kneeling scenario.
Gold reaching a new high but the bulls are still passive? That's contradictory, this is called market division.
Holding a light position and watching is correct, but enduring like this will crush the mentality.
An entry point around 4720 is tempting, but afraid of another flash crash.
Cryptos really can't withstand the risk-off trend; it's better to hold some gold for stability.
With so many support levels, they all seem like decorations; a breakdown is a breakdown.
Expectations of rate cuts pushing gold up, so why can't the crypto circle get started?
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AirdropHarvester
· 01-21 11:43
Gold has risen again, but the crypto market is still falling... We need to seize this risk-averse wave properly.
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NFTRegretful
· 01-21 11:27
Gold hits a new high again, and this wave of risk aversion is really strong... But the crypto market is still getting beaten up, can't even hold 88,000, starting to feel a bit overwhelmed.
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NFTFreezer
· 01-21 11:27
Gold is taking off again, this safe-haven sentiment is really strong... But we still need to watch Bitcoin a bit more; if it breaks 88,000, it might continue to test lower levels.
Market risk aversion dominates, and bulls are in a passive position.
**Precious metals perform remarkably** — Gold hits a new high again, with London Gold stabilizing at the 4730 USD round number, and domestic silver rising by over 3.6%. The surge is driven by safe-haven funds and expectations of interest rate cuts. A short-term pullback to the 4720-4725 USD or 2.28 million yuan range presents an entry opportunity, mainly focusing on a low-long strategy. However, stop-losses should be set properly; if the price drops to 4718 USD or below 22,500 yuan, exit decisively. The target remains the previous high.
**Risk assets are under obvious pressure** — The three major US stock indices fell more than 1.7%, and the crypto market adjusted accordingly. Bitcoin broke below the 88,000 USD key level, and Ethereum also lost the 3,000 USD mark, with bearish sentiment prevailing. The prudent approach at this time is to hold a light position and observe, considering short positions again after a rebound near 90,000 or 3,000 USD. Stop-losses are set at 90,500 USD or 3,020 USD, with support levels below being key targets to watch.