The Fed's expectation of interest rate cuts cooling off continues to provide strong support for Bitcoin. Additionally, market concerns about the uncertainty of cryptocurrency policies after Trump's inauguration also provide some support for Bitcoin. This is mainly due to the Fed taking a tougher stance on inflation in the U.S., leading to a rebound in Bitcoin.

Market Review: Bitcoin experienced fluctuations and corrections yesterday, but there was still a space of a thousand points. It dropped from 94400 to 92800, and thus the short position at 94000 was also initiated. Although it is a fluctuating market, there was a space of a thousand points on the first day of 2025, which is still satisfying, regarded as a New Year's gift.

In the morning, Bitcoin rebounded to around 95000 after the U.S. stock market closed. Currently, from a four-hour perspective, it is in a wide range of 930-950 with fluctuations. The Bollinger Bands are gradually widening, indicating increased market volatility. The current price has broken through the middle band of the Bollinger Bands and is approaching the upper band, showing that the market is strong in the short term. The current price is situated between support and resistance, in a critical area. If it breaks through 95300 with volume, the price may further test 97500.

Therefore, today it is very likely to break through the resistance above, and if tonight's unemployment claims data is favorable, it will form a double-edged sword perfectly! The market changes rapidly, and we must learn to adapt our thinking in a timely manner, ensuring good risk control and position management.

For Bitcoin, buy in the 940-945 range on the pullback, add more at 930, with the initial target set at 963. If it breaks through, pay attention to the upper target of 975.

For Ethereum, buy in the 3300-3330 pullback range, with a stop loss at 3250, aiming for a target of 3450 or 3230.