At present, the price has broken through our expected target support level of 94500, and then quickly rebounded to 95000. Today's callback is relatively large, reaching a minimum of 92200, but this rhythm is relatively normal for the currency circle. 90200-92000 is a strong support zone. This area will not be broken all at once, because there is a consolidation and washing near 90000 and then breaking. The daily level of this position does not mean that it will directly reach above 100,000 at once, that is, it is a consensus range. The support of this position can be maintained for a period of time, whether it is a rebound after the short profit-taking or a counterattack by the longs. Don't panic too much, it's just a normal callback! If the closing price is above 96000 tomorrow, it should fall sideways or rebound slightly over the weekend. Then the prediction will be confirmed. If the closing price is below 94000, it will continue to impact 90200-92000, but it will not break too much! Today, Lao Song took two orders and the total amount was about 4500 points of Bitcoin and 140 points of Ethereum. These two orders were orders with relatively high certainty. Our friends who joined at 5100u on 1004 have now reached 225430u

Xiao Liu was born in 1998. He had high consumption and failed business before, and he was in debt of 30. He followed 1654 oil for more than a month and got 56,000 yuan. It was not easy to go around in circles. Now he has got out of debt and is no longer anxious. I am really happy for him, happier than I am. Who hasn't been young? I can understand the difficulties of young people. #TopCoinsJune2024 #非农就业人数高于预期 #币安用户数突破2亿 #美国5月CPI超预期回落 #CRV

Important Dates in January:

January 10: The U.S. releases December non-farm payroll data

January 14: Unlocking of EIGEN worth $4.76 million, accounting for 0.108% of total supply

January 20: Trump officially sworn in, potential major changes in market regulation

January 22: Unlocking of MRS worth $26 million, accounting for 1.0% of total supply

January 30: The Federal Reserve announces interest rate decision

Overview of the 2025 CPI Release: In macroeconomic analysis, the year-on-year Consumer Price Index (CPI) of the United States is a key indicator that reflects the annual change in the prices of a basket of goods and services in the U.S. This indicator is significant for understanding the health of the economy, inflationary pressures, and the direction of monetary policy.
CPI (Consumer Price Index), also known as inflation data. Inflation means the devaluation of money, simply understood as 'money is worth less.'
● Excessive inflation will prompt the Federal Reserve to raise interest rates to curb price increases;
● Conversely, low inflation or deflation will prompt the Federal Reserve to lower interest rates to stimulate economic growth.

0104: Bitcoin has rebounded for four consecutive days, and the total market capitalization of cryptocurrencies is also increasing, but Bitcoin's overall share of the total cryptocurrency market value has not increased. Correspondingly, the overall rise of altcoins is greater than that of Bitcoin. In fact, the market has been lacking hot topics recently, mainly driven by Musk's anticipated launch of the x (Twitter) payment feature, which has boosted the meme sector, especially the surge in Dogecoin. However, the continuity of this surge still needs attention; if the overall market rebound cannot break 99,500, then it will likely move within a range on the daily chart. US stocks collectively rose on Friday, with the Nasdaq gaining 1.86%. This rebound on Friday has a significant impact on the rebound of cryptocurrencies. If US stocks can continue to rebound next week, there will be opportunities for a breakout in the total cryptocurrency market. The main operations over the past three days have been short positions, taking some profit at each important resistance level, but not too much. Near the 98,500-99,500 range, it is still viable to short here. Always adjust your stop-loss to lock in profits!
Short at 98,500-99,000, short if it breaks 97,300, add to position at 96,200, target 99,500.
On the Ethereum side, it has broken through the resistance zone. Looking at the ETH/BTC exchange rate, it has seen a daily double bottom rebound and can be bought on dips.
Buy at 3,530-3,550, add to position at 3,510, target 3,650-3,670.

Doge: Resistance range is 0.3673-0.3450. This range has been tested since the middle of last month and has been valid so far. The current price is fluctuating around 0.3400. You can try to go short near the resistance range, 0.3450-0.3550 short, and look at 0.3293 if it falls back #doge

#Bitcoin white paper was released on October 31, 2008, and the genesis block was created on January 3, 2009

Today is the 16th anniversary of Bitcoin’s launch

0103: Last night, before and after the opening of the US stock market, a pullback occurred around 97500, briefly reaching around 96000. For those trading, Bitcoin moved 1000 points easily, and Ethereum moved 40 points without much difficulty. In the early morning, the hourly chart showed a double top and then softened, currently hovering around 97200. Lao Song mentioned yesterday that 97500-99500 is a strong resistance zone, and it's difficult for it to break through all at once. Similarly, Ethereum's resistance zone of 3490-3550 is the same; it reached that level yesterday and then retraced. The Nasdaq closed with a doji yesterday, and the price action was quite convoluted, with a spike followed by a drop, then a rebound to wash out positions. The Nasdaq's daily chart shows a double top, and it’s important to monitor whether it will form a top box or confirm the neckline with a further pullback. Overall, breaking the resistance zone is challenging. For intraday trading, consider shorting at high levels:
98000-98500 short 95300 break look at 93500
3480-3510 short 3420 break look at 3380

0102: Continuation of rebound, high probability of a pullback in the evening. In the past two days, there have been matters at Old Song's home, and I haven't been watching the market. When I opened the market in the evening, I saw that the price is currently around 96000, having rebounded nearly 4000 points from the low. Today is the first trading day after the New Year holiday, and all assets have seen a certain degree of increase. Looking at Bitcoin, there is room for rebound, but the volume for the rebound is insufficient. The trading volume in the last two days is similar to that of the weekend. The upper pressure to watch is 97564 (97500-99500 is the resistance zone), and we can try to go short around 97500. The support area below is 90500-92500, which has been tested 5 times and is valid. We can look for rebounds in this area. In terms of Ethereum, today's rebound strength is slightly stronger than Bitcoin, approaching the resistance range of 3490-3550, where we can short. The support range below is 3215-3265, where we can try to go long.
97000-97500 short 95300 break level look to 93500
3480-3510 short 3420 break level look to 3380

1221: Repeatedly jumping across the painting gate. Yesterday, the lowest price fell back to around 91510, which was 10 points away from Lao Song's expected 91500. It quickly rebounded to 95000 in the early morning and then retreated to around 92000. The big cake is currently repeatedly testing the core support area of ​​90500-92500, intending to seek a breakthrough below. ETF outflow of 379 million in a single day. The strategy of continuing the rebound short within the day is very critical on Tuesday and Wednesday. If it can hold, there will be a wave of rebound. If it can't stand it, it will be a big retracement. The expected depth is around 87000.
93500-94000 short target 91000 break to see 89500
3380-3420 short target 3280 break to see 3230

At present, Bitcoin and Ethereum have reached the expected range after the retracement of the position building range. Bitcoin has taken 2,500 points and Ethereum has taken 100 points. Although the operation cost-effectiveness is relatively low, we still have some space. If the US stock market has a retracement after opening, Bitcoin will follow up. The market will become weak after a relatively high position, especially when there are many holidays and the number of people waiting and watching increases. It is enough to make one order every day to take most of the fluctuation space in a day, avoid frequent operations, pay attention to Lao Song, and turn over the warehouse to have a fat year! #$BTC
$ETH

1230: BTC weekly closes with a shooting star, continuing to trend bearish. The daily chart tests support for the fifth time! Most trading assets will be closed for New Year's Day, and the first week of each month is non-farm payroll week; however, the non-farm data has been postponed to January 10th. Most traders have begun to adopt a wait-and-see approach, while some are starting to pay attention to whether MicroStrategy will choose to continue accumulating as a reference. This week, there are temporarily no major data releases, which will relatively lead to reduced liquidity, focusing mainly on rebound shorts. Currently, Bitcoin's price is consolidating around 94,000, with the morning's pullback depth reaching a low of around 92,900, marking the fifth time the daily level has retraced to approximately 92,500. The market is relatively weak, but breaking through decisively is difficult (90,500-92,500 is a strong support zone). Overall trading volume isn't picking up, and there's no momentum to move upward, as mentioned by Lao Song during these low-cost performance periods. In terms of operations, the strategy remains primarily focused on short positions.
Short at 94,000-94,500, target 92,500, if broken look at 91,500, add position at 95,000, if testing back to the weak support area can flip.
Short at 3,430-3,460, target 3,310, if broken look at 3,250.

1229: The market continues to oscillate between bullish and bearish trends. More trading opportunities arise, with frequent profit-taking. Recently, the market lacks hot topics and has many holidays. On the 24th, a wave of rebound occurred, but after four consecutive trading days, it basically retraced all the gains from the breakout. The Christmas holiday in between led to a decrease in overall trading volume. ETF flows have also shifted from one-way inflows to fluctuating inflows and outflows. This wave of profit-taking in the market has not yet concluded, and a one-sided trading strategy may face profit retracement. For intraday trading, the focus should still be on shorting during rebounds. Approaching strong support levels of 90500-92500, one can seize rebound longs.
Long above 94000 with a target of 97000; if it breaks 97500, look for 99000, add positions at 93500.
Short at 96500, add positions at 97000 with a target of 93500; if it breaks 92500.
Regarding Ethereum:
Long at 3310-3340, add positions at 3375, target 3430-3460.
Short at 3430-3460, target 3310; if it breaks, look for 3250.

1227: Repeatedly drawing door washing and筹, the market has many yin and yang trends. In the absence of a trend, trading will become repetitive, entering a period with low cost performance. Yesterday, I reminded everyone that it is easy to shake the warehouse and wash筹, after the pullback around 95000, it will oscillate back and forth. The high short strategy for the day: short at 97000-97500, target 95000, break 93500, pullback does not break 95000-95500 to enter long, target 99000. Ethereum 3450-3480 short, target 3310-3280. Pullback 3250-3280 to enter long, target 3450.

Yesterday, the price rose with a small volume, but today, the price fell with a large volume. The second stretch during the day did not break through well and retreated directly. In the morning, Lao Song reminded everyone that this position is easy to retreat, and it is normal to shake out at this position. Long orders before noon can only get a few hundred points, and short orders in the afternoon will get more. Friends who followed the short orders of Bitcoin and Ethereum should have gotten some. Around 95000 is the support level of the double needle bottoming out and closing the cross star on the daily line. It will be difficult to break through this position all at once. It depends on the situation of the grinding plate later. If it can break through, you can go short and look at 93800. Do it with Ethereum at the same time and look at 3280

1226: Yesterday's overall volatility was not large, both long and short positions could benefit! Since it is Christmas, trading volume has shrunk, and Lao Song also reminded everyone that this trading volume is insufficient for significant actions. On the daily level, there was an attempt to break the 100,000 mark, peaking around 99,800. Due to many markets being closed yesterday, there is no corresponding data available for reference; we can only analyze based on the current market situation. There will be an increase in liquidity during the day, but judging by the current market atmosphere, there is a high probability of a shakeout today. After breaking, there may be a pullback. During the day, one can attempt to go long at 98,300-98,600, targeting 101,200, and if it breaks, watch for 102,400, with additional buying around 98,000. If the break does not have strength, consider reversing. For Ethereum, short at 3,520-3,550 and 3,380-3,400!

1225: In the case of insufficient trading volume, yesterday still closed with a medium bullish candlestick. The trading volume yesterday was significantly lower than Monday. The ETF has seen a net outflow for 4 consecutive days. Today is Christmas, and the overall trading volume is unlikely to be stronger than yesterday. The 4-hour chart broke the resistance range of 96000-97500, but did not break the previous rebound daily high of 99485. Looking at the hourly cycle, there were two attempts to push higher seeking a breakout, but the second high was lower than the first. Yesterday's rebound has already broken the 4-hour trend line. Today, focus on the breakout of 98500-99500. The strategy for the day is to sell first and then buy. The range of 98500-99000 can be sold, with an additional purchase at 99300 targeting 96500. If broken, look for 95500, then consider entering long positions. For Ether, sell at 3480-3510 targeting 3380-3410, and synchronize with Bitcoin.

1224: Bitcoin yesterday was basically in line with expectations, retracing within the range. Friends who joined in basically captured around 5000 points with two batches of orders. Ethereum was also synchronously traded and should have performed well. The lowest retracement was around 92400, which is 100 points off from the expected 92300. Currently, Bitcoin is consolidating around 94000. We are on the eve of a market change, and some funds will flow out during Christmas, which will reduce liquidity. In terms of operations, we are getting closer to the strong support range of 90200-92000, and the rebound strength is decreasing. The market's bearish atmosphere is not sufficient for a significant upward rebound or downward breakout. Overall, the cost-effectiveness is relatively low.
In terms of operations, look to sell on rebounds.
Sell at 94800-95000, add to position at 95500, target 92000. If it breaks, look at 90000.
Sell Ethereum at 3430-3450, add to position at 3470, target 3250-3220. If it breaks, look at 3200 and then 3140. Always be ready to move the stop-loss to protect profits!
$BTC
$ETH

The daily rebound height is consistent with Lao Song's expectations. It rebounded to around 96,500 and then fell back. The current low point is around 94,600. The resonance effect between Ethereum and Bitcoin has been quite obvious in the past few days. You can build a position in Ethereum when building a position in Bitcoin. Saturday and Sunday should have been a consolidation to absorb funds, but it became a consolidation to wash out funds.

So today, after the daily rebound, short orders are safer than directly taking them at low positions. Bitcoin ate 1,500 points and Ethereum 70 points. But no matter which one, you should be vigilant. There will be a change in the market in the first few days of this week, and the direction will be revealed. So you can stop when you see a good opportunity or move the stop loss to protect your profits so as not to spit out. Every day, we will help the market take off, and we will have meat to eat every meal! #比特币市场波动观察 #圣诞行情分析 #本周微策略是否继续增持BTC？
$ETH

1223: The big cake chose to close in the negative on Sunday, and there is a further downward movement. There is a rebound force on the weekend. There is actually a rebound during the day, but each time it is beaten back. Overall, it is still relatively weak. 96000-97000 has become a new pressure and support exchange zone. There is no solid sideways fall and rebound on the weekend. There is a possibility that the market will further test the low position, which is at 90200-92000. The intraday operation is mainly to rebound short orders. 96500-97000 short target 93700 break to see 92300 to cover the position at 97500 Ether 3380-3400 short target 3280-3240 These two days will determine the continuation of the callback or the bullish turning point. Stay vigilant in operation, pay attention to moving stop loss to protect profits, and be prepared to leave the market to protect your principal when there is a reverse fluctuation. There are many opportunities in this market. We are not afraid of slowness, but we are afraid of retreating a lot. It’s okay to take three steps forward and one or two steps back. You will eventually reach the other side!