Take off

Brothers, good afternoon. The market is doing quite well today. I mentioned a few days ago that the sector rotation would start soon. The large-scale repayment from FTX has already begun, with 16 billion USD to be paid within 60 days, perfectly timed. The altcoin bull market in February is about to start!

Yesterday, Bitcoin still couldn't successfully break through 100,000, reaching 98,949. The momentum is still somewhat lacking, but there's not much to worry about. Pay attention to the two levels below, 97,300 and 95,800. As long as these levels hold on a pullback, we remain bullish. Ethereum's daily trend is still quite strong for the bulls, and it will soon be Ethereum's turn to shine. If it holds above 4,000, the altcoin season will begin!

Liquidity is relatively poor over the weekend. Next week, there will be two major data releases: non-farm payroll and unemployment rate. This could likely be a turning point, so be cautious with high leverage to avoid getting caught in spikes.