1.27 Market Research Report $BTC $BTC $1000SATS

Bitcoin briefly broke through $42,000, with a 24-hour increase of 5.62%

Data: Ethereum options trading volume in January has reached $17.9 billion, a record monthly high

Market analysis:

BTC Bitcoin briefly broke through $42,000, and the daily volume surged to break through the previous high. After the breakout, the trend is unlikely to rush higher, but will slowly slide down to release a large number of short-term chips.

ETH price stabilized with a sustained upward trend

Key levels to watch today

Upper resistance 42100-42200

Lower support 41000-40700