Good morning, brothers. A new week has begun.
Last week we experienced a major rebound in the crypto market.
On Saturday and Sunday, on-chain data showed
(1) BTC slightly flowed out of exchanges, especially there was no increase in BTC within Binance
(2) Stablecoins did not flow out
The market is still healthy
The decline in December is a continuation of the bull market
After a 3-week adjustment, on-chain data shows two trends
(1) BTC continues to flow out of exchanges
(2) Stablecoins did not flow out in large quantities, maintaining a constant amount
On the last day of last week, ETF inflows reached $900 million
This week, as traditional funds continue to buy in large amounts through ETFs
BTC will return to $100,000
On Friday, non-farm payrolls and unemployment rate will be announced
If there are not many jobs and unemployment is high, then BTC will accelerate back to its peak
Coupled with Trump's election on January 20th, there will be a big surge
Doge is expected to return to its peak
This week, Uni's public chain will welcome more news
Uni's first target is around $20, mid-term $25, long-term above $30
ETH is expected to return to $4000, but the momentum is not very strong
BNB will challenge $800 this week
