The peak must decline, and the decline must rise again; the development of things always follows its own laws. This Tuesday, Bitcoin laid out a medium-term short position at the high of 10200, accurately predicting the downward targets of 98000 and 92000, which were achieved one by one. Meanwhile, Ethereum's short position from 3720 to 3250 also successfully reached its target, perfectly illustrating the precision of the strategy.

At four in the morning, the 91200 level was likely established as a short-term low or second-low. When Bitcoin first touched 91700 last night, we decisively provided a long position strategy at 91800, successfully rebounding to the 94600 level. This round of market fluctuation during the transition between long and short positions was precisely captured by us, allowing for profits in both directions. Ethereum did not lag behind either, with a long position at 3220 easily rebounding above 3330, netting a profit of a hundred points.

The first non-farm payroll data of the new year will make a significant appearance tonight, with an expected value of only 160,000 people, a sharp decrease from the previous value of 227,000. The unemployment rate remains stable at 4.2%. At this moment, the market appears calm on the surface, but there are undercurrents; all parties are quietly waiting for the impact of the non-farm data. This calm is about to be broken, and new waves are about to rise.

Moreover, this month also marks the significant event of Trump’s official inauguration. Its implementation will undoubtedly trigger a chain reaction in the market, leading to unprecedented changes in the landscape.

However, in my personal opinion, despite the market's high expectations, the non-farm data may not be a significant boon for Bitcoin, and the possibility of Bitcoin breaking through is also quite slim. The long position made at the low yesterday was merely based on the trading strategy of high shorts and low longs within a fluctuating pattern.

From a technical analysis perspective, the 96000 - 97000 area for Bitcoin constitutes a solid technical resistance level, with 98000 being a strong pressure point above. Although the current market has shown some strength, there is insufficient momentum for a sustained significant rise. Therefore, it is advisable to boldly short when rebounding to the 96000-97000 range; if the price dips first in the evening, one can also consider going long near the support level of 91500-90500.

In the face of data-driven market conditions, volatility is bound to intensify. Those who attempt to double their funds based on data or events often find that things do not go as planned. We should maintain a calm mindset and strictly control our positions and risks. Conservative investors might wait until after the data is released and the market trend stabilizes before entering, which would be a wise move.