A new week has begun. From the K-line perspective, Bitcoin is still oscillating at a high level with reduced volume. It seems that the probability of choosing a direction this week is still low. Although there are expectations regarding FTX's compensation and Trump's inauguration on the 20th, the enthusiasm of off-market funds has clearly decreased around 100,000, and on-market funds have mostly digested, temporarily maintaining a weak equilibrium state. Therefore, this week we expect fluctuations between 94,000 and 104,000. One can engage in high selling and low buying to make some short-term trades.
After the U.S. stock market opens in the evening, volatility will significantly increase. This weekend has been too boring. For small coins, the profit-making effect is quite poor, and trading strategies should be cautious, trying to avoid chasing high prices to go long.
Ethereum is still lukewarm, with the exchange rate slowly warming up. Just hang in there; there will be a rebound eventually, it’s just a matter of time.
