#加密市场反弹 25.01.06 Market Overview:
$BTC Bitcoin closed this morning with a doji bullish candle, and the weekly chart closed with a bullish candle, indicating a gradual warming of the market.
$BTC Last night there was a trap for short positions; when everyone thought it would continue to drop, Bitcoin surprisingly stabilized at the resonance point and then started to rise; it has now broken through the first reversal zone. I took 70% of my position at 98987 to profit and am holding the remaining position to see if it reaches 100400; according to the previously provided bat pattern, I will short again at the 100439-101061 range; the stop loss and target have been announced in previous posts; not doing intraday trading is just too exhausting, so I've chosen to lie in wait for medium to short-term trades, which I find much more comfortable and relaxed.
Bitcoin is still looking for a breakout within an ascending wedge, currently forming the first ascending triangle, facing resistance at 100K of this triangle. If it stabilizes at 99K, it will attempt to reach 101K and 102K.
Pay close attention to the unemployment claims data on the 9th and the non-farm payroll data on the 10th; if the news is favorable, we can expect a new peak in the bull market, especially since Trump is about to take office, marking the arrival of the first crypto-friendly president in the U.S.
The above information is for market analysis only and should not be used as trading advice; follow me to stay informed for daily updates and point analysis, as well as the wealth codes you desire. Remember to hit follow and like!