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The actions of the market manipulators during this plunge of 6000 points are indeed quite unsightly. Two days ago, it surged near 102700, and yesterday, the U.S. stock market opened with a waterfall drop, blowing up the bears before pulling up the bulls. Is it almost the New Year?
Let’s briefly discuss today’s market trend. There is news that before Old Trump takes office, he may be sentenced, but as an elected official, he enjoys immunity from criminal prosecution. This viewpoint has been dismissed, and it will determine the upcoming trend. Once the news is released, there’s nothing technical to discuss, just like yesterday's waterfall, which was triggered by the announcement that the CFTC chairman will resign on January 20, who once fought to become the highest regulatory authority over Bitcoin.
Today, we first need to focus on whether 96000 can hold. If it cannot hold, the market will continue to push down to around 94000 before considering positioning long positions. If it breaks, it will go against the trend at $BTC #比特币走势观察 .
Let’s briefly discuss today’s market trend. There is news that before Old Trump takes office, he may be sentenced, but as an elected official, he enjoys immunity from criminal prosecution. This viewpoint has been dismissed, and it will determine the upcoming trend. Once the news is released, there’s nothing technical to discuss, just like yesterday's waterfall, which was triggered by the announcement that the CFTC chairman will resign on January 20, who once fought to become the highest regulatory authority over Bitcoin.
Today, we first need to focus on whether 96000 can hold. If it cannot hold, the market will continue to push down to around 94000 before considering positioning long positions. If it breaks, it will go against the trend at $BTC #比特币走势观察 .
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
93,625.36
-1.91%
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