1.21 BTC/ETH Market Outlook: Gold continues to reach new highs, constantly setting new all-time records. However, last night was a nightmare for cryptocurrency bulls. In the past 24 hours, over $1 billion in long positions were liquidated, resulting in over 183,000 account holders being liquidated. Being a long position is incredibly difficult… Last week, when the price rebounded to around 97,900, everyone was full of confidence, predicting a rapid bull market return. Holding Bitcoin at 100,000 seemed conservative, with some even predicting 150,000. In the cryptocurrency market, a day can feel like ten years in the real world; fortunes change, so no one should laugh at anyone else! Bitcoin's daily chart shows six consecutive days of decline, accompanied by high volume. The MACD shows increasing bearish momentum, while the KDJ and RSI are turning downwards. On the 4-hour chart, the price has returned above the lower Bollinger Band, the MACD shows signs of decreasing volume, the KDJ has formed a golden cross, and the RSI has turned upwards after being oversold at low levels, indicating a potential rebound. Therefore, regardless of how bullish one is on the downside, it is not recommended to aggressively short the market directly, as this could easily lead to being trapped! The hourly chart is currently in a rebound phase, having broken through the lower Bollinger Band with a double bottom pattern before recovering. The MACD shows increasing bullish momentum, while the KDJ and RSI are trending upwards. Intraday trading should focus on shorting on rallies, using rebounds as opportunities to sell. The first resistance level to watch is the psychological level of 90,000, which is also near the hourly chart's middle Bollinger Band. Next, look for resistance around 91,700 and the 4-hour chart's middle Bollinger Band resistance around 92,500. Consider shorting around these levels, with downside targets at 89,000, 88,000, and 86,700. Ethereum broke below the lower Bollinger Band support overnight, currently trading around 2981. Intraday trading should focus on shorting on rallies, with resistance levels at 3020, 3070, and 3120. Consider shorting around these levels, with downside targets at 2970, 2920, and 2870. Life is like a parabola; no matter how high or far you fly, you will eventually land. If a person sets high goals, they must put in hard work and sweat. Even if they don't achieve them despite their best efforts, they will at least go further and accomplish more than others. A person's ultimate achievements will not exceed their beliefs. Everyone's beginning and end are the same; only the process differs. The quality of life should always be higher than its length. Find your lost self and live your true self. Seize today, live in the present! $BTC {future}(BTCUSDT)