The crypto market and the US stock market are undergoing drastic changes, and investors are cautiously seeking survival. Recently, the crypto market and US stock trends have been volatile, leaving investors walking on thin ice. During the US stock market's closure, crypto market manipulators took the opportunity to drive prices down indiscriminately, leading to confusing K-line movements and frequent divergences in indicators. Contract players suffered heavy losses, and the market seemed like a bottomless pit, but in reality, it was controlled by the manipulators. Meanwhile, wildfires in Los Angeles are ravaging wealthy areas and surrounding Universal Studios, displacing tens of thousands of people and causing economic losses of up to tens of billions of dollars, casting a shadow over today's US stock opening, increasing the risk of decline. It's truly a case of 'when it rains, it pours,' and it evokes thoughts of signs of turbulence. Coupled with Trump's radical rhetoric, claiming he wants to bring Greenland, Canada, and other regions under the US banner, and seeking to strengthen control over Panama, these statements have sparked discontent among allies, hinting at a geopolitical crisis that adds uncertainty to the US stock and crypto markets, leaving investors feeling reliant on fate and having to fend for themselves. Returning to the technical analysis of the crypto market, on the daily chart, there have been three consecutive days of increased volume and decline. Although the bears are temporarily strong and funds are flowing out, support at 92500 is strong, and the MACD indicator is gradually emptying with weakening bearish strength. Today's probability of continued decline is low, and an overall reversal in the short term is unlikely, with a high probability of volatility. Resistance levels are around 96500 and 99500, while support is between 92500 and 90500. The operational suggestion is to place orders in batches and enter the market on dips, and even if temporarily trapped, maintain a stable mindset. The four-hour chart shows signs of stabilization, with the bottom gradually rising and a MACD golden cross appearing. Support is between 92500 and 91203, with resistance around 95000. At this time, it is not advisable to short; instead, consider setting stop-loss orders for modest long positions. Sentiment indicators show that despair among investors spread yesterday, but the true bottom has not yet been reached, so the risk of contract trading is extremely high, while spot trading may consider entering the market in batches. Currently, with non-farm payroll and CPI data about to be released, and uncertainties arising from Trump's administration, various messages are impacting the market, and the volatility will surely be intense. Investors must be extremely cautious when making trades; after bottoming out, it may be wise to 'lie flat' and endure the tough January, hoping for a market rebound in February with brighter prospects.