Midnight Deep Talk:

At the beginning of the new year, as New Year's Day gradually comes to an end, a new journey also begins.

During the day of New Year's Day, the overall market showed a V-shaped pattern, with Bitcoin falling from 94,400 to around 92,800 before rebounding back to 94,000, currently oscillating around 94,000. Ethereum has also maintained an overall range oscillation between 3,300 and 3,450.

From the data, after Bitcoin's monthly K-line touched a historical high above, it fell back, with strong support at 90,000 below. The monthly K-line closed with an upper shadow candlestick, facing resistance at 99,800 above. Looking at the weekly K-line, Bitcoin has recorded two consecutive bearish candles. After dipping to 91,500 this week, it rebounded, and attention should be paid to the breakthrough situation at 96,000 above. On the daily K-line, Bitcoin touched the lower boundary and rebounded, closing yesterday with an upper shadow bullish candlestick, opening at 93,500, and attention should be paid to the daily closing situation. The short-term 4-hour structure is running downwards, with attention on 95,200 above and 92,200 below.

Regarding the future market, I personally believe that the short-term trend will be dominated by fluctuations, and the policies after Trump's presidency will have an impact. Attention should be paid to the 92,000-96,000 range for fluctuations, and within this short-term range, it’s sufficient to follow the trend and engage in high and low positions accordingly. Within the range, gaining strength is sufficient for safety!