ETH surges 300 points, rainy day liquidation night!

Just after the year-end, everyone is gradually returning to work and grinding. These past two days, the weather hasn't been kind, with rain pouring nonstop. Those holding short positions in the early morning were soaked with tears mixed with rainwater, caught in the sharp rise, feeling ice-cold. Even those just turning off the lights to sleep or eating have been affected.

Bitcoin, the 4-hour midline held steady after breaking down, surged directly to the 70,000 mark in the early morning before pulling back. Now stuck around 68,000, oscillating and looking for direction. Ethereum is even more aggressive; a news bomb caused a 300-point jump. Bulls are feasting, bears are wailing, and the market is a mess.

Scrolling through Sesame Square, it's all despairing shouts from the bears, cursing the market, cursing US stocks, cursing their own recklessness. Today, we go against the grain, watch and see.

Don’t let emotions sway you. The daily chart clearly shows: a high probability of retesting the top and then pulling back. Resistance at 71,500-73,000. In the short term, don’t blindly chase shorts; focus on long positions. If the price hits resistance and can’t break through, consider reversing to short!

📌
✅BTC
Entry: 67,000–67,500
Stop Loss: 66,500
Target: 69,000-71,000$BTC

✅ETH
Entry: 2020-2030
Stop Loss: 1980
Take Profit: 2100-2200$ETH

Rainy days will always pass, accounts will recover, and there will always be a turnaround. Things will only get better from here.

If your short position was wiped out in the early morning, comment with 1!