Keep copying and keep falling! Are you really holding a full position? Do you really have unlimited bullets?!
January 2025 is destined to be extraordinary, with data very concentrated: non-farm payrolls, employment rate, CPI, plus the chaos caused by the old man taking office. Naturally, the market is very sensitive. Since the end of last month, it has risen for a week, only to be smashed back down in three daily candles.
The crypto circle has been quite miserable these days; many people are feeling depressed. Friends who have been in the market for a while must have noticed that this bull market is really tough to navigate.
The situation most people in the market are facing now is either being fully invested and stuck or experiencing profit withdrawal. Some are standing at the mountain top enjoying the breeze, while others are playing contracts and facing liquidation. Yet, there are also those who keep buying on the way down, truly having unlimited bullets.
Now, the yield on U.S. Treasuries has reached 4.65, with funds flowing in that direction. The old man needs to resolve the debt ceiling issue, so there's been a recent pullback. Now, with the old man nearing his term, policy changes are significant, with tariffs and expansion actions happening continuously. The stock market and crypto circle have recently been fluctuating up and down following his rhythm.
From a technical perspective, there was a sharp drop yesterday, but funds entered to buy the dip around 92,500. As long as today's low isn't broken, it can be considered stable. Short-term fluctuations may be slightly larger, with support still at 93,000 to 92,500 and resistance at 95,400. The three-day moving average shows that the pullback is nearing its end, and it may slowly rise afterward.
On the other hand, non-farm data should be good, but CPI may not be so great. Therefore, buying in batches now, even if stuck, is only temporary. If you're unsure or confused, feel free to come discuss anytime.
Recently pay attention to $SUI , $LINK , AAVE, $XRP , TIA, ENS. If you want to know more, don't just guess blindly; seize the opportunity.