Yesterday, many retail investors were trembling, feeling like they were on the brink of death. BTC didn’t drop much, yet some people were cutting losses at this time. Yesterday, the global financial markets were on holiday; some were crying, some were cursing. It seems that if one doesn't make trades for a day, they feel like they've lost their fortune. This kind of addiction must be quit. However, for the vast majority, once they get hooked, it will deeply root into their bones, and ultimately, they may perish from it. If new investors enter this circle without guidance or mentorship, they will hardly survive six months. The cryptocurrency space is both a land of gold and a battlefield, where survival is uncertain.

In recent days, the situation in the U.S. has also been unstable, with a terrorist attack occurring in New Orleans. Under Trump’s administration, not only will tariffs be increased, but support for Israel may also intensify, and efforts to combat terrorism in the Middle East should be strengthened. The crackdown on illegal immigrants domestically will be more resolute. Unlike the incident in Foshan of a certain country, where hundreds of cattle and horses were involved, there was no reporting at all.

Recently, the U.S. will release non-farm payroll data on January 10 and the ICP index on January 15. These two announcements may not be very friendly, likely falling below expectations. A rate cut in February might be paused. Recently, don’t get too carried away; hold onto the bottoming cryptocurrencies, keep some funds available for risk management. However, one thing is for sure: the U.S. stock market will not experience a systemic crash; it will continue to rise in 2025, and the cryptocurrency bull market is also on, so be bold in entering the market in batches.

Currently, on the BTC daily chart, the bottom has been rising for four consecutive days, and we should be in a rebound phase these days. However, it is not yet a reversal. The time for a unilateral upward trend is getting closer, and the opportunities for retail investors are decreasing. The upper resistance life line is around 96200-99500. The lower support is around 92232-95000. Do not easily short altcoins.

On the four-hour chart, there should be a continued upward rebound. If you want to short, consider doing so near 97300, with a stop-loss at 98000. The lower support is around 94200, 92723. Altcoins should mainly be bought low.

From the three-day chart perspective, it still needs a bit more; it hasn’t corrected adequately yet. There might only be one opportunity for you. For those who recently bottom-fished, hold on to it. Let's see in March. For those who haven’t entered yet, if there’s a drastic drop soon, it’s time to get in; opportunities are limited.

In this market, relying on others is always temporary; we must continuously learn ourselves to survive and make money in this market.