Good evening everyone, I am Randy. Let me share my thoughts on the current market situation. Today is also New Year's Day, so first of all, I wish everyone a Happy New Year! There hasn't been much fluctuation in the market today. The focus should still be on short-term operations. Ethereum has been in a range-bound fluctuation, and the four-hour MACD for Ethereum is also showing signs of weakening. This pattern is not very good. We still need to wait for FTX's 15 billion USD to enter the market to drive up the prices. This period has been mostly sideways, and altcoins are very weak, unable to rise. We still need to wait a bit. In the short term, Bitcoin is expected to fluctuate around 92,000-95,000. In the past few days, U.S. stocks have declined relatively more, so the short-term market will still follow U.S. stocks. Ethereum has also been frequently testing the 3,300 support, without effectively breaking down.
As I mentioned earlier, the current market can only wait for news to lead the market to make up for the gains. Let's take a look at the capital inflow. Bitcoin has seen an inflow of 5.3 million USD, while Ethereum has seen an inflow of 35.8 million USD. Although the inflow is not much, a net inflow is still a good thing. Trump will take office in the White House on January 20, and combined with FTX's capital, the market at the beginning of this month should not be bad. Let's be patient and wait to seize the upward trend of the fourth wave of this bull market.