25.01.09 Market Overview:
$BTC Big Bread closed with a negative line this morning. The bearish engulfing of the two daily lines yesterday and the day before yesterday confirmed today's closing
Big Bread once again bottomed out at 92500, and it also bottomed out at 92500 for 5 consecutive times on December 20, 24, and it also retested the 0.618 gold position again; if it can't hold here, the next effective support is around 90500
Big Bread is fluctuating in a narrow range within the descending wedge. At present, there is no sign of rebound in Big Bread. Focus on the non-agricultural data tomorrow night; the SEC has confirmed that there will be no interest rate cuts in January, and everyone is patiently waiting for Jianguo to take office on the 20th to stimulate encryption; after all, he promised during the campaign that friendly policies for encryption will be implemented one by one
The cottage has returned to test the bottom again. Those with positions can buy low and pull back in batches. Those with full positions will continue to wait for the arrival of spring
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