As soon as the New Year's holiday ended, the market started moving, which also aligns with the characteristics of the market makers. Today's rebound feels quite aggressive! The lower level has not broken new lows, will the upper resistance hold today? If Bitcoin rebounds above 98,000, the market makers will face $213 million in liquidations; conversely, if it falls below 94,000, there will be $207 million in liquidations for the bulls.

Currently, the market is basically balanced, a 50-50 situation. One can only say that there will always be fearless retail investors in the market, always heavily invested, always all-in, always in tears, and always following suit! Tonight, we will first look for a wave of upward movement, then see if the market makers can exert one last push. If the pullback shows no strength, then it will truly depend on the bulls to pull the market back up to the six-figure Bitcoin era!

At 21:30 tonight, unemployment claims in the US for the week will be announced, and this data is crucial to watch. It is not ruled out that before the data is released, there may be a pump to lure in retail investors, cleaning out the market makers, and then a dump to liquidate the bulls. After all, as long as the market can move, breaking the range of volatility is a good thing. Only when it starts moving can the trend become clearer, and there will be more opportunities for trading!