Weekend market has low liquidity and weak fluctuations. If the market can break out of the low trading volumes of the past six months, there will definitely be a market after the Spring Festival!
Important events next month:
1. The understanding king will be sworn in as the new president on January 20;
2. The Federal Reserve will hold an interest rate decision at 3:00 AM on January 30;
Currently, the market generally predicts that the probability of an interest rate cut next month is less than 10%, while the probability of no rate cut reaches 90%. This is not a good signal. Coupled with concerns about trade tariff wars and cuts in various federal expenditures to reduce government debt after the understanding king takes office, these potential issues could have a huge impact on the current U.S. economy!
The recent decline in the North American market may indicate that capital is avoiding the new policies of the understanding king!
At present, the only point is that the understanding king's attitude towards the crypto field remains unchanged. Therefore, we can see that crypto-related stocks in the North American market are slightly more resilient than those tech companies supporting the NASDAQ index, with comparatively smaller declines!
In short, we are currently in a changing situation. This situation cannot be digested in just three days and two nights. After the benefits of the understanding king's position in the market gradually materialize, there will definitely be divergences in consolidation and even attempts to find a bottom. Both divergences and stagnation require time!
However, after the market has experienced 20 days of continuous decline, this week it seems that many stocks are still falling, but in reality, it is also accompanied by rebounds, with declines shrinking and trading volume decreasing. Many stocks have returned to the lows of early November or even lower than those lows. The current prices and stocks below the early November lows have only one purpose now: a complete reshuffle!
Because at this moment, if the market continues to fall, 95% of the participants are those with high costs. The more it falls, the more they will suffer losses, accumulating blood-stained chips! The competition now is about who manages their positions better, who has deeper capital, and who can withstand this round of reshuffling to acquire more low-priced chips. Then, during the next major rally, they can reap significant rewards!
Operation suggestion: Focus on accumulating cheap chips in batches in the spot market, and only engage in ultra-short-term trades in contracts!
BTC levels 93700/91800 ETH levels 3260/3140
At this moment in the 5/15 minute timeframe, the third wave has basically completed. Be patient for the fourth wave's bottom divergence signal and take action with stop-loss in the fifth wave. The fifth wave may have a false golden cross, so you can adopt a strategy of taking each signal in batches of 1%!
#加密市场调整 $BTC
