According to reports, Trump will go on trial on January 10, causing a sharp decline in the US stock and cryptocurrency markets. Additionally, the possibility of an interest rate cut in January has also significantly decreased.

Bitcoin's daily chart shows a bearish engulfing candle with increased volume, and it has broken below the support of the 5-day, 10-day, and 30-day moving averages. From a technical perspective, it is expected to experience sideways consolidation before possibly continuing to decline.

In this situation, spot positions should be reduced as much as possible, and it is advisable to prioritize Bitcoin and other strong cryptocurrencies when waiting for a rebound from overselling.

The altcoin market has turned from "season" to "sacrifice," and one can only hold Bitcoin and a few high-quality leading coins. $BNB $BTC #比特币价格走势分析