Good morning, brothers. A new week has begun.
Last week saw a major rebound in the cryptocurrency market.
Over the weekend, on-chain data showed
(1) BTC slightly flowed out of exchanges, especially there was no increase in BTC within Binance
(2) No outflow of stablecoins
The market is still healthy
The decline in December is a continuation in the bull market
A three-week adjustment, with two trends in on-chain data
(1) BTC continues to flow out of exchanges
(2) No large-scale outflow of stablecoins, maintaining a constant amount
On the last day of last week, ETF inflows reached $900 million
This week, traditional funds continue to buy in large amounts through ETFs
BTC will return to $100,000
On Friday, non-farm payrolls and unemployment rates will be announced
If employment is low and unemployment is high, then BTC will accelerate back to its peak
Accompanied by a major wave with Trump's election on January 20th
Doge is expected to return to its peak
This week, Uni's public chain will welcome more news
Uni's first target is around $20, mid-term $25, long-term above $30
ETH is expected to return to $4,000, but the momentum is not very strong
BNB will challenge $800 this week