Despite the global de-risking that has led to a fall in stock markets, Bitcoin has edged higher over the past day, holding above $93,000, and its 30-day Nasdaq correlation has climbed above 0.50.

Trump has highlighted pro-cryptocurrency policies in his campaign platform, and his imminent return to the White House has boosted cryptocurrency market sentiment, with many industry executives and analysts expecting him to create a more favorable regulatory environment for digital assets.

Standard Chartered: Bitcoin prices are predicted to double, and its head of digital asset research Geoffrey Kendrick expects Bitcoin to reach $200,000 by the end of 2025.

Matrixport: Bitcoin is expected to reach $160,000 in 2025, and its head of research Markus Thielen said this outlook is supported by continued demand for Bitcoin ETFs, favorable macroeconomic trends and an expanding global liquidity pool.

Technical level: Bitcoin is currently priced at 93631, and the K-line pattern of the market fluctuates between 93000 and 96000, forming a pattern of shock consolidation, indicating that there is strong selling pressure and support in the market. The MACD indicator has a tendency to gradually shorten, which may indicate that the short-term strength is weakening and the short-term bull market has a tendency to pick up. The relative strength index RSI has no obvious overbought or oversold signals, indicating that the market's long and short forces are temporarily relatively balanced. The trend indicator EMA has support and pressure from EMA30 and EMA120 below, showing a certain trend and support and resistance levels.

1.1 day

Bitcoin: 92,500-, 93,000 more, target 94,000-96,000, stop 92,000

Ethereum: 3290-3310 more, target 3360-3430, stop 3250