According to BTC data, today's turnover rate has decreased by nearly 50% compared to yesterday, indicating that investors' emotions are beginning to return to calm. It also suggests that the drop yesterday has driven away most of the panicked investors. Although short-term investors still dominate the market, it is gradually washing away some of the panic chips. In fact, many friends can see from the timing yesterday that after Microsoft voted not to buy BTC, there was almost a fluctuation within $1,000, which isn't significant. The key point is that many friends believe there will be no market movement before January 20.

Some even think that after a long rise, there will definitely be a drop. Therefore, we saw a lot of $90,000, $80,000, and even $70,000 yesterday. This isn't a mistake; it's just experience. However, they overlooked who the buyers are in the market now and what the main reasons are for price changes. Before there is clear negative information, how many people would be willing to sell their chips? Most friends may have forgotten what I said before: it's already very difficult for investors to part with their chips at low prices. This was the case at $16,000, $26,000, $46,000, and $65,000, and it is still the case now.

Currently, the range of $94,500 to $98,500 remains very strong support. The market's expectation is likely that $MSTR will be announced to enter the Nasdaq 100 index on the 13th or 14th (Beijing time). The current rise may be overdrawn from this positive news. The good news is that if it really enters on Friday, the next two days of the weekend will certainly be more favorable for altcoins. The bad news is whether next Monday will see a return to a correction trend. After all, we all know that FOMO emotions come quickly and leave just as fast. Whether it can continue into next Monday is truly uncertain.