The overall crypto and gold market is still in a correction + weak oscillation phase. BTC and ETH continue to follow risk assets under pressure (U.S. tech stocks weak, slight rebound in the dollar, institutional/ETF short-term outflow), while gold has seen a technical rebound after yesterday's sharp decline, but overall high-level pressure remains significant.
Current real-time price snapshot (aggregated from multiple data sources, Asia/Europe early session) BTC ≈ 66,500–66,800 USD (intraday low around 65,200–65,900, high around 68,300, 24h drop about 1–2%) ETH ≈ 1,940–1,950 USD (intraday low around 1,900–1,930, 24h slight drop or flat)
Gold (XAU/USD) ≈ 4,980–5,000 USD/ounce (yesterday dropped more than 3%, today rebounded about 1–1.5%, recovering from a low of 4,880–4,920) Macroeconomics and news catalyst summary Crypto: Standard Chartered recently lowered short-term targets (BTC may drop to 50k first, ETH to 1,400 before rebounding), Coinbase Q4 earnings report fell short of expectations (declining revenue, losses), market fear index is extremely low (Fear & Greed ≈ 5–10), ETF net outflow in the short term.
BTC, ETH, and gold are all in a phase of correction/fluctuation with a weak bias, influenced by US stock volatility, slight rebound in US Treasury yields, and stronger-than-expected economic data, with risk assets under pressure, but no systemic collapse signals have yet appeared.
Current key price snapshot (approximately real-time)
BTC: Fluctuating around 67,800 – 68,200 USD (daily low reached 65,700–66,000, high 68,700+) ETH: Around 1,980 – 1,990 USD (daily low approximately 1,900–1,940, high close to 2,000) Gold (XAU/USD): 5,060 – 5,080 USD/ounce (daily drop from 5,100+, low around 5,045)
Brief macro and news background
Recently, non-farm/economic data is relatively strong → Rate cut expectations continue to be delayed → The US dollar index has a slight rebound → Risk assets (BTC/ETH) are under pressure. The crypto market has significantly retraced from last October's high (BTC dropped over 45% from 126k+), currently in a phase of 'slow decline + fluctuation', with many waiting for lower points or new catalysts.
The divergence in the movements of BTC and gold is very obvious. I will explain how to consider trading intraday from several dimensions: macro background, technical aspects, capital flow, and news catalysts.
Current key data snapshot
BTC: Currently oscillating in the range of approximately 66,300–67,000 USD, with a 24-hour decline of around 2.7%–4.3%, the intraday high is close to 70,000, and the low has dropped to around 66,000. Gold (XAU/USD): Currently about 5,050–5,080 USD/ounce, with a slight intraday increase of around 0.5%–1%, overall still maintaining a strong oscillation above the 5,000 mark.
Macro and news background
Recently, the U.S. non-farm payroll data (NFP) has been strong, with a decline in the unemployment rate and wage growth exceeding expectations, leading the market to delay its expectations for a rapid rate cut by the Federal Reserve. U.S. Treasury yields have rebounded, and the U.S. dollar index has bounced back. This is clearly bearish for risk assets (BTC) and has short-term pressure on safe-haven assets (gold), but medium-term support remains (central bank continued buying + geopolitical risks not dissipating).
XAU Gold short at 5200 position, will also consider shorting silver at the same time.
BTC funding rate is negative, has rebounded by 10,000 points, there are too many people shorting, will not consider shorting. Considering short positions at 74k, 80k, 86k.
Recent trading plan Currently still in a bearish trend, still following KOL to go long, hahahahahaha 3000 short to 1800, c2c so many a little memory doesn't rise, I'm done.
For going long, choose Bitcoin, I do not recommend shorting altcoins.
Bitcoin If it goes back to the bottom, I will consider left-side trading to try going long. Then short at 75k-76k.
It is not advisable to go long right now, nor is it a good position. These positions need to wait; if they reach, it will be fine. Give stop loss to the brothers.
Protect your position well. When the market comes, you have no bullets. Set a stop loss between 1000 and 1500 points. Just take the loss. Review your opening positions. Why this position? Pay more attention next time when opening orders. Second contract 30-50 points. To be honest, a narrow stop loss is like giving away money. But when your stop loss is set too wide, if the market goes down, aren't you losing even more? Why did it go down? Are you so sure that it will come back to rescue you? Don't you feel that your orders are always at those critical positions? If the critical positions have already broken down so much, what are you still waiting for?
Short-term Trading Strategy 1: Build positions independently, do not increase positions for profit. If you want to increase positions for profit, directly open a new position. 2: Set a stop-loss when opening a position, exit with a small loss. 3: After making a profit, first close part of the position, or push for break-even to protect profits and/or capital. 4: If the market explodes in the direction you anticipated and reaches your take-profit level, it is likely the last acceleration of the market, and you must exit completely with profits.
Long-term Trading Strategy 1: Consider increasing positions when in profit. 2: Long-term trends are not common, but be patient and wait for a pullback to increase positions. 3: However, increasing positions often leads to profit withdrawal. 4: But encountering a good opportunity can lead to a significant profit. 5: However, incorrect position increases can also lead to failure and exit.
Therefore, whether to trade long or short, there is no right or wrong; consider carefully before entering.
Those who know think you are gold, while those who don't think you are a counterfeit coin. What to do if there is no opportunity to get on the bus? $XAU