1.5 Sunday Morning Thoughts

From the current perspective, the market for Bitcoin yesterday on Saturday was affected by the market closure, entering a state of overall consolidation with reduced liquidity. However, as the price ratio rebounded and touched the 99,000 mark again, the market has shown signs of warming up. Currently, the pullback in the price ratio is being controlled to some extent, and the rebound is noticeably strong. Combining market data and news, with less than 15 days until Trump takes office, the price ratio continues to consolidate at a high level, with an optimistic sentiment. The technical indicators such as KDJ, MACD, and BOLL are all maintaining a bullish trend. The price ratio has successfully broken free from the constraints of the bottom area, forming a new trend pattern. The current market is at a critical point of retesting the bottom, attempting to break through the resistance formed earlier. The sentiment for Ethereum is also strong, currently breaking through the mid-track on the daily chart. Although it has not completely escaped the neutral range, it is still operating within an upward trend. Given the low liquidity situation this weekend, a strategy of high short and low long within the range can be adopted. For Bitcoin, the reference range is around 97,500-98,800, and for Ethereum, the reference range is around 3,600-3,680. Further adjustments will be made after the weekend ends.