Bitcoin breaks 100,000 again, a battle for the bulls and bears
If the peak can't be held, then let's retrace our steps. Last night’s CPI also gave Bitcoin a significant rebound, and the bears in the market haven't been able to bounce back for two days without suffering heavy losses! This is why Jiu Ling has been looking for a rebound from the 90,000 mark during this period. Last night, regardless of the CPI or the US stock market's opening, we kept reminding everyone not to short, as both the news and technical indicators were signaling an upward trend. We openly suggested entering around 96,500, and the US stock market opened with a maximum rebound to 100,600. This wave above 100,000 has become a nightmare for many, resulting in significant losses for those who set stop losses on shorts. Those who took a chance and held on also faced many liquidations, and there were quite a few who were led into the abyss by market teachers or bloggers, still claiming there would be a major pullback. I can only smile at that; in the end, it's the retail investors themselves who pay for holding onto losing positions!
Jiu Ling doesn't like to make empty promises; we only have trades, and we only speak through our trades. This rebound still has room above, and don't let useless thoughts affect your trades!
Next, regarding the intraday trend structure, the main emphasis is that the current pattern still shows a strong trend, so in the short term, it's still mainly bullish. It’s not easy to chase high positions, so distinguishing the timing between the Asian and European sessions is crucial. The entry plan is more suitable during the transition phase between the Asian and European sessions. In the short term, pay attention to the support near the 98,500 line for entry, and those who are aggressive can consider entering around 990. First, focus on breaking through 101,500 to look at 102,300.
As for Ethereum, it is revolving around 3,300-3,330 for long positions, and if it breaks through 3,500, there is further continuation space.
Focus on the Jiu Ling trading system. Like and follow for updates, and I will go live when I have time: $BTC
From the data, the announced CPI is higher than expected, which is bearish! Please pay attention to risks! It is recommended to appropriately reduce some positions to avoid large drawdowns! After the pullback stabilizes, consider re-entering the market!
Generally speaking, a CPI data lower than expected is better. Previous CPI value: 2.7% Current CPI market expectation: 2.9% Previous core CPI value: 3.3% Current core CPI market expectation: 3.3%
Therefore, this CPI data is higher than expected, which is bearish!
CPI stands for Consumer Price Index, reflecting the price level changes of goods and services typically purchased by households. If the CPI is higher than expected, it means that price increases exceed expectations, which can have many adverse effects. For example, it can increase the cost of living for residents, reducing the amount of goods and services that can be purchased with the same amount of money; it may also trigger inflation, and if inflation is too high and persistent, it can disrupt economic order and affect the stable and healthy development of the economy.
Conversely, a CPI lower than expected indicates that price increases are relatively mild, or even that prices may be stable or declining, which is beneficial for residents to maintain a relatively stable cost of living. However, if the CPI remains too low, even leading to deflation, it can also have negative impacts on the economy, such as causing a decline in corporate profits and a reduction in investment.
The latest measures taken by the Biden administration to restrict China from obtaining the most advanced AI models and AI chips may undermine Nvidia's 'sovereign AI' strategy, and the chips developed by the company for the Chinese market may also be discontinued.
The United States requires companies to obtain government approval for exporting certain information related to their AI models and for establishing large AI computing facilities abroad. The new rules introduced by the Biden administration before the transition aim to block potential 'backdoors' through which the Chinese government might acquire technology from other countries, leading to strong opposition from companies like Nvidia.
Tech stocks are considered overvalued by many analysts and are significantly affected by the surge in bond yields. Rising bond yields increase the risk-free returns that investors can earn by holding U.S. Treasury bonds, putting pressure on tech stocks.
Large tech stocks fell again. Nvidia dropped 1.1%, and Apple fell 0.5%. Both companies have seen declines in their stock prices at the beginning of 2025 after significant gains in 2024.
However, the development of AI will not slow down, as Musk has made clear. The development of AI will enter its second phase, where computing power will be the key focus. Following this logic, I boldly predict that Musk's xAI will take the lead and surpass OpenAI to become the strongest AI company. At the same time, companies like Nvidia, TSMC, Broadcom, and AMD should also perform well, especially TSMC. For detailed analysis, please see the video.
It can be said that the development of AI in China will almost come to a standstill if Nvidia does not sell products to Chinese companies and village organizations. However, for significant breakthroughs, one can only distract with one hand while threatening Ryukyu with force, because Taiwan has TSMC. The production of AI chips can only rely on TSMC, and the U.S. and China are mutually restrictive. This will force the U.S. to make concessions and agree to sell new smart chips. Currently, BTC is affected by the U.S. stock market, and recently tech stocks have significantly retreated, but this is only temporary. The ongoing demand and layout for artificial intelligence will continue to drive up tech stocks; the magnificent seven are mutually bound. Just hold onto the bottom-dwelling coins. The rise in 2025 is about to begin, so everyone, hold on tight. #美国CPI数据即将公布 $BTC
Last week's Binance trading fee rebates have been completed. If you haven't received the trading rebates from last week, please let me know. Friends who trade contracts may not realize the horror of trading fees with every transaction, even if they look down on these small fees. Little do they know that frequent trading fees can add up to a significant amount: Everyone's positions and capital are different, and a single contract entry and exit can easily incur fees of dozens, hundreds, or even thousands of dollars. With rebates, you can save at least a few hundred USDT in fees each month, so treat yourself better—buy some good cigarettes and wine, get your wife some quality skincare products, enroll your kids in good tutoring classes, and buy your parents some good health supplements. 💥💥 For those who haven't registered with the link yet, remember to register and receive weekly rewards. Spot trading offers a 20% automatic discount, and contract trading rewards are distributed manually every week!! Real usage can also provide some strategic advice, very solid! 🎈You can get strategies and technical training for free~ While saving money, you can also receive better services. 🔸Rebate link: Registration code: XBXFHXC1, just download the Binance app and register on the interface. Or directly click the registration link to register: 🔸Rebate link https://www.binance.com/join?ref=XBXFHXC1 Invitation code: XBXFHXC1 #美国PPI温和上涨 #市场反弹预测 #AIAgent热潮 #微策略持续增持BTC
I didn't play contracts today, just harvested a bit from event contracts. I'm temporarily putting the contract cooling period on hold; it's best not to play before the New Year. Experiencing yesterday's market has left an indelible shadow on my young heart, which needs time to digest. Lowering my standards to just earning 10 to 30 oil daily can actually be quite satisfying. Sending red envelopes, sending red envelopes, sharing the good fortune of harvesting from the dog farm.
Tonight is a sleepless night, pay attention to @Bit-玖零 to reach 1k followers, Jiu Ling will continue the red envelope rain... Wishing everyone a prosperous Year of the Snake, and once again, thank you #BTC☀ .
I talked about UXLINK with you on January 2, and those who followed also made a lot of money. Today I will talk to you about this target again.
Recently, UXLINK has also been continuously good!
1. Singapore United Overseas Bank (UOB) Venture Management and Signum Capital Fund announced that they will be committed to supporting the long-term development of UXLINK and jointly building the Social Growth Layer and PayFi ecosystem
UXLINK announced on the official X platform that its investment institutions Singapore United Overseas Bank (UOB) Venture Management and Signum Capital Fund highly recognize UXLINK's achievements in 2024 and plans for 2025. UOB Venture Management will be committed to supporting the long-term development of UXLINK, especially in the combination of decentralized finance and traditional finance, PAYFI and other scenarios, and will invest its own resources for joint construction. It also highly recognizes UXLINK's construction of the first infrastructure dedicated to promoting social growth in the blockchain field-Social Growth Layer and PayFi ecosystem
2. UXLINK has landed in Japan, deeply cultivated the Japanese community, and will continue to strengthen local support. At present, the UXLINK LINE official account is about to exceed 5 million followers. UXLINK's video is currently being played all day on the "Giant 3D Cat Billboard" in Shinjuku! The project has a big plan!
3. A few days ago, Matrixport also posted on the official X platform that as an early investor in UXLINK, it is happy to witness its rapid growth into a Web3 social platform and infrastructure. Recently, the number of investors in UXLINK has gradually increased, and it has become a currency of concern among many investors. UXLINK has been doing ground advertising and ground promotion in Seoul and Busan (the second largest city) in South Korea for a long time. UXLINK has a strong spot buying base. It is one of the three national tokens in South Korea and has a promising future.
At present, driven by the big cake, UXLINK has also experienced a corresponding callback. Pay attention to the support below 1-0.8. If it reaches this position, you can arrange it in batches.
Insights into the latest cryptocurrency news, capturing positive and negative signals!
Today's latest cryptocurrency news is summarized as follows: 1, U.S. pre-market cryptocurrency stocks fell broadly, with MicroStrategy down 4.1%. 2, A certain whale deposited 11.98 million WIF, approximately $17.5 million, into Binance three hours ago. 3, ai16z founder: The streaming development work for Eliza v2 version will begin soon. 4, U.S. interest rate futures pricing indicates the Federal Reserve may not cut rates within the year. 5, Bitcoin infrastructure company Alpen Labs completed $8.5 million in strategic financing, led by Cyber Fund and others. 6, The exchange XRP contract positions once exceeded $5.2 billion, setting a historical high. 7, Ripple's stablecoin RLUSD accounts for less than 0.04% of the stablecoin market cap.
Last year in Los Angeles, I bought a house for each of my friends. I wanted to tell you about it during the Chinese New Year, but I didn’t expect a fire to burn it down. #还有山寨季?