Bitcoin breaks through $96,000, currently reported at $96,111, with a 24-hour increase of 1.53%.

On January 1st, the total net inflow of Bitcoin spot ETFs was $5.3181 million, with Fidelity FBTC seeing a net inflow of $36.8115 million, Bitwise BITB a net inflow of $8.6760 million, and Grayscale GBTC a net outflow of $9.6325 million.

Trump will take office at the end of this month; previously, Trump has strongly endorsed Bitcoin assets, and the market expects that his presidency will continue to stimulate Bitcoin prices, potentially limiting the extent of short-term corrections.

From a technical perspective: Looking at the 4-hour chart, prices are in a Wyckoff accumulation pattern. When prices dipped below $92,500, trading volume significantly increased, indicating that funds are accumulating in that range. If prices break through the upper channel and continue to increase in volume, it may enter an upward phase. The MACD and 20-day moving average indicate that short-term momentum is negative, supporting a short-term bearish bias. However, the monthly MACD indicator continues to support a bullish long-term outlook, suggesting that from a long-term perspective, Bitcoin still has upward potential.

January 2nd

Bitcoin: Long at 93,600-94,100, target 95,100-97,000, stop-loss 93,100.

Ethereum: Long at 3,335-3,365, target 3,420-3,480, stop-loss 3,295.

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