The cryptocurrency market indeed makes people feel pain. Whether it's a rising trend, falling trend, or sideways fluctuation, there always seems to be someone trapped or missing out on opportunities. I have previously reminded that the downtrend has ended and the market is beginning to show signs of reversal.

Starting this week, Wall Street's holiday has also ended, and the market returns to normal trading hours, with retail investors gradually returning to the market. However, it’s important to note that the US stock market will be closed on January 9th to commemorate the passing of former President Kate, which is a traditional practice in the US where certain historical events lead to a day of trading halt.

I have been mentioning that this adjustment in the Nasdaq is more of a technical correction, effectively squeezing the bubble. Looking back at Trump's presidency, the stock market surged significantly, boosting market sentiment. However, Trump's news has been relatively sparse lately, possibly preparing quietly for the next actions. New developments may not be ruled out, and companies like Goose and East Country may face more complex situations.

Additionally, Trump's staunch supporter Musk seems to have recently participated in UK domestic and electoral affairs. This behavior may bring some unnecessary trouble. Although Musk has immense influence in the tech field, after all, 'a visible attack is easy to dodge, but a hidden arrow is hard to guard against.' An overly high-profile strategy may lay hidden dangers for himself, so excessive risk-taking is not advisable.

As for my Dogecoin, I still hope it can rise to $1 before considering the next steps.

Current market analysis
From the daily chart, BTC's moving averages show a bullish arrangement, with the price breaking through the lifeline, forming a clear upward trend. Although it is still in a fluctuation range, as long as it breaks through the 99,500 mark, the subsequent upward space will be quite considerable, potentially challenging previous highs.

Even if there is a pullback, the depth should not be significant. The key support levels are in the range of 96,200-94,500-92,500. If a short-term pullback occurs, daring to enter will be a great opportunity; otherwise, if missed, there may not be another chance to re-enter.

On the four-hour chart, BTC has already broken through the original fluctuation range (98,500). The MACD indicator shows that the upward momentum remains strong, and the increase in volume over four hours confirms this. The suggested operation at this time is to avoid chasing highs as much as possible, and instead, place orders near the support level. If a rapid drop occurs, it will allow for a smooth entry.

The three-day moving average pattern also indicates that the bottom is gradually rising. If the MACD shows a pattern of 'air refueling', the upward trend will accelerate, and a one-sided market may continue.

Operational advice
Avoid shorting altcoins: In the current market environment, shorting altcoins is not recommended. One can gradually go long during pullbacks instead of going against the trend. If the price retraces to the support range again, having the courage to enter will be a more rational choice.

Be patient and avoid chasing highs: Especially in a fluctuation range, chasing highs is not a wise choice. It is better to wait for the market to stabilize before participating, especially as BTC's long-term trend is more worth paying attention to, and short-term fluctuations should not affect long-term layouts.

Exercise caution in short-term operations: For short-term operations, especially when there’s a surge in the four-hour chart, one should observe closely and enter at the right time.

In summary, the current market trend is positive, and BTC's pattern is relatively healthy. However, short-term fluctuations within the fluctuation range are still frequent, so it is recommended that everyone remains patient and captures entry opportunities during pullbacks in a timely manner. Paying attention to macroeconomic conditions and global market dynamics, as well as the actions and words of key figures, will help you better seize investment opportunities.