On the eve of Trump's inauguration, the Bitcoin market is surging. Are you ready?
The New Year's Day holiday in 2025 is about to end. Bitcoin has been rising in the past few days, jumping directly from 24 to a new stage of 25. The price of Bitcoin has reached 97,000 again. We all hope that it can help us make a lot of money in the new year!
But the market is really changing, which makes people confused. Now, some people are stuck in long orders between 97,800 and 98,500, waiting to be untied; some people are struggling in short orders between 94,500 and 95,500, and they are also anxious.
Today is Friday, and Bitcoin is stuck at the 97,000 mark. It happens to be a rest day on Saturday and Sunday, and the market is estimated to be deserted. In the past two days, whether you are chasing the rise or killing the fall, you have to hold back a little, and there is no big movement. From next Monday to Wednesday, the market should choose a direction.
Let's look at the Dow Jones in the US stock market. It has been adjusting since December 5th, like a roller coaster, falling from 45,000 all the way back to 42,000. This is not only a change in numbers, but also the ups and downs of people's hearts. Everyone is waiting for Trump to take office on January 20th to see if he can give the market a shot in the arm.
For those of us in the currency circle, Trump's election is big news. Since November 6th, Bitcoin has been like crazy, rising from 73,000 all the way to 108,000, and now it has returned to around 97,000. At this time, it is really entangled, because in previous years, early January was an adjustment period, but this year Trump took office, maybe he could break this rule and let the market do something new.
Now is not a good time to play short-term contracts with high leverage. We have to choose a direction and stand firmly on the long side. Even if the market occasionally dives, it is better to hold on to the long side than the short side. Once the data is released next week and the news is mixed, the market may give us a chance to get on board. The price will fall back to between 93,500 and 91,500. Do you dare to go all in? Do you dare to seize this opportunity that may make you turn around?
My friends, don’t forget to follow me! Sister Hua will talk about the market of common virtual currencies and popular small altcoins every day. They can increase by at least 10 times. Everyone must pay more attention!
