25/01/03BTC rebounded to 97800, waiting for a pullback opportunity. Can Ethereum and other altcoins make up for the rise?

BitFuFu, a U.S.-listed mining company, announced that it has signed a two-year framework agreement with Bitmain to purchase 80,000 S-series mining machines (including but not limited to S21 XP and S21 Pro) to support its self-operated mining business and cloud mining services.

USDC Treasury minted a total of 400 million USDC in three batches this morning (one batch of 300 million and two batches of 50 million). It then transferred 300 million USDC to Coinbase.

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Flatbread

Bitcoin touched 97,800 in the short term and fluctuated under pressure. It also happened to touch the daily MA20 pressure. If it breaks through, there is a chance that it will come below the 100,000 box.

4-hour descending wedge breakthrough + bat pattern expectation + head and shoulders bottom pattern, short-term rebound opportunity on the head and shoulders bottom neckline.

support:

pressure:

ether

The small box of 3444 that had been oscillating for a week was broken yesterday and is currently retreating to support. It also broke through the convergence triangle, and the pressure of the slightly larger box above is 3555.

After Bitcoin broke out of the false breakout and rebounded, we have been reminding Ethereum of the opportunity to make up for the rise.

support:

pressure:

In terms of cottage

XLM

The downtrend line breaks through the potential duckbill box and the descending wedge breaks through. At the same time, the market expects Trump's coming to power to benefit the compliance sector and the Grayscale Trust Fund increases its holdings.

SOMETHING

The shape is similar to the trend line breaking through the potential duckbill shape. The old currency in the payment sector also has ecological accumulation in NFT and DEFI.

Thetha

After the M head broke, the downward trend returned. After the breakthrough, it continued to fluctuate for about a week. It is still relatively solid and is expected to rebound.

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