#比特币与代币化黄金的对比 The beginning of the year saw quite a few locked-in traders. Looking at the recent movements of $BTC and $ETH, many long positions have been trapped, but why are so many still choosing to hold short positions?

The period around New Year's Day is indeed a critical window. Some believe it's the high point for a rebound to short, while others see room for further adjustment. There are many voices calling for short positions in the market, but what’s the result? Many have suffered losses. What does this reflect? Perhaps disagreements over fundamental analysis, or misreading technical signals.

The movements of Bitcoin and Ethereum have never been simple. This time of year is especially prone to being caught off guard, as the New Year’s market is often full of uncertainties. Just look at how many traders are now in a passive position.