The market may reach a cyclical peak in the first quarter of 2025, with a pullback from April to October, followed by another rebound at the end of 2025, officially entering a bear market in 2026. In the short term, 1. The actual pullback time will be between January 20 and January 28.

Summary of today's key points:

1: BTC ETF had a net inflow of $970 million yesterday, ETH ETF had a net inflow of $120 million yesterday.

2: Bitcoin has shown fatigue after seven consecutive days of gains! Seven consecutive days of declines are building momentum! Pay attention to risks.

3: MicroStrategy added 1,070 BTC on January 6, at an average price of $94,004, a strong support level. Large spot traders sold $123 million in spot at the $101,600 level, a strong resistance level.

4: The crypto industry will hold an inauguration ball on January 17.

5: Whales have been continuously buying LINK, having purchased an additional 30,987 coins.

6: Pay attention to unemployment and non-farm payroll data this Friday!! Risk control, no expectation of interest rate cuts in January.

7: BitMEX co-founder Arthur Hayes explained in his latest blog post that the crypto market will peak in mid-March, followed by a severe correction.

8: The conference is promoting acceptance of Doge payments, with many stories to tell.

$BTC $ETH