Since we've already borne it, let's bear it a little longer. Although the trade is not right, when has the various operations of the dog house ever made sense? The initial jobless claims and the small non-farm payroll data just released have little impact on the cryptocurrency market. The U.S. ADP employment figure for December recorded 122,000, which is below the market expectation of 140,000 and is the lowest level since August 2024. The initial jobless claims in the U.S. for the week ending January 4 recorded 201,000, the lowest since the week of February 17, 2024.

Focus on the U.S. trading session. If we don’t continue to crash, it’s not impossible for a big V-shaped recovery to pull us up. The key entry position isn’t very high; Bitcoin is at 96,000 long, and Ethereum is at 3,350 long. I think we can be patient and hold on a bit longer, looking forward to the tempting deep V!