Today is the last day of January. Looking back at the whole month of January, except for Trump's coming to power and the birth of the TRUMP myth, the secondary market has been sucked blood for a whole month. The new February is coming soon. I hope February will be more friendly to the cryptocurrency circle!

Returning to the market, yesterday there was a rare trend of continuous rise in the Asian and US markets. Bitcoin tested the 106,000 range, and Ethereum tested the 3,280 range. After the test, Bitcoin fell back to the 104,000 range, and Ethereum fell back to the 3,220 range. Neither fell below. If the PCE data at 9:30 p.m. is not unexpected, I believe that the U.S. stock market will continue to lead the rise.

After the volatility range of Bitcoin narrows, large fluctuations will come soon. It is necessary to test the 11w range first.

On the news, it is worth noting that the U.S. SEC has officially approved the Bitwise Bitcoin and Ethereum combination ETF. This fund allows the simultaneous holding of spot Bitcoin and Ethereum. This is a long-term positive for the market. This progress may accelerate the entry of institutional funds. #加密市场反弹