January 7th

Must-See Insights

Missing Persons Reappear

The inflow of ETFs always makes one feel the market's heat and confidence! With Trump’s administration approaching and the upcoming change of the SEC chairman, Bitcoin is pushing upwards 👆, while various memes are showing a hot phenomenon. As the market adjusts and repairs, we are also welcoming the return of the Trump market.

I have always suggested to accumulate Bitcoin in batches at its low levels! As long as it doesn't break support, it's wise to lean towards buying on dips. The short-term accumulation structure at 93,000 has also formed as expected. Hesitation leads to defeat; chasing 📈📉 in the current market is the dumbest behavior. The wise move is to buy low and sell high, and Bitcoin also broke through the 100,000 mark last night!

Back to the market, after some recent fluctuations and adjustments, the 4-hour low has not broken the 92,080-91,680 range, forming a short-term bottom structure. It has surged 10,000 points to around 102,000, with the daily K-level returning to a healthy state forming a golden cross. There may be volume demand near the second peak around 103,500-104,000. The hourly trend is experiencing narrow fluctuations, with short-term support to observe for rebound strength around 101,280-100,800, while the key lower position is around the 100,000 mark.

Personal opinions for reference only.

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