Good evening, everyone. Let me tell you about the subsequent market trends!
Bitcoin and Ethereum have been fluctuating at high levels for four hours. Judging from the inflow of ETFs, the net inflow of Bitcoin is far greater than that of Ethereum. Ethereum is still tepid now, and it is only a matter of time before it takes off. From the daily line, the big cake rebounded with a shrinking volume. It has been hovering near the upper Bollinger track for four hours. At present, it is still fluctuating near the pressure level in the short term. If the big cake continues to rush up this month, brothers, the cottage should still pay attention. There is a high probability that the cottage will still be washed out before it will rise. Only when the big cake is sideways and Ethereum rises, the cottage will follow.
Now everyone is looking forward to Trump's coming to power. I personally predict that the main force will lure more buyers into the market when the bitcoin price breaks through 100,000, and then there will be another wave of market crashes. After all, institutions must first clean out a wave of chips before they can pull up the market. This Friday, there are still two big data, the non-farm payrolls and the unemployment rate. Everything is unknown and the risk is very high, especially in late January. You still have to pay attention to the risks. There will most likely be a wave of market cleansing as the positive effects of Trump's coming to power are realized. The real time to build a position is to enter the market after Trump takes office. Before January 20, you can only do some short-term trading. Don't be aggressive and fill up your position. Leave some positions for yourself to cover your positions.
