January 23 #crypto Quick market review

There are 83 days until Bitcoin halving!

1️⃣ As predicted one month ago, $BTC fell below 40,000, but the US stock market did not fall, so it is not expected to fall too much, 36K-38K is about the same;

2️⃣ There may be a small rebound in the short term. Based on the fact that FTX has sold $1 billion of Grayscale Bitcoin ETF, it is also not recommended to go long in the contract;

3️⃣ The trading logic of BTC is that assets with high correlation to the US stock index coexist with risky assets, so if the US stock market has a major correction, Bitcoin will not be immune, and 36K may not be the lowest point this year;