1.30 Evening | Tang Long Trading Strategy Analysis

Bitcoin and Ethereum drop sharply again. Aside from geopolitical factors, the main trigger is the disturbance in Federal Reserve personnel expectations: Yellow Hair will meet with Fed Governor Waller on Thursday and signal that a new Fed Chair will be announced on Friday, with market rumors suggesting Waller's nomination. His stance was previously hawkish, but in 2025 he shifted to calling for significant rate cuts. The policy rhetoric has repeatedly caused market concerns about potential reversals after his appointment, quickly turning sentiment bearish and becoming the main driver of this round of decline.
Market Structure Analysis:
Daily Level: Previously indicated a shooting star candlestick as a bearish signal, confirmed by two consecutive large bearish candles, showing that bullish momentum has significantly weakened and bears have taken full control.
4-Hour Level: Price showed a slight rebound around 81,000, but the strength was clearly insufficient; MACD continues to diverge downward, with bearish momentum steadily increasing.
Key Levels: The market has returned to the 81,000 area after more than a month. The key support below is the 80,000 integer level. Until a valid breakout reversal occurs, the rebound is still considered a good opportunity to short, follow the trend and go short without hesitation, and remain firmly bearish if the level holds.
Trading Suggestions:
Bitcoin (BTC):
Short in the 83,000–84,000 range, target 81,500–80,000;
If broken below, further downside targets are 78,800.
Ethereum (ETH):
Short in the 2,740–2,790 range, target 2,690–2,600;
If broken below, further downside targets are 2,490.
With a clear mindset and definite direction, patiently wait for rebounds and follow the trend to enter trades.