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1.21 Market Analysis: The market returns to calm, Bitcoin awaits downward adjustment.

CN
丁君羡
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1 year ago
AI summarizes in 5 seconds.

Click to view today's video analysis

  BTC: After reaching the 110,000 mark, the price of Bitcoin did not receive any positive news to stimulate it, leading to a direct drop in price early this morning. Since Trump's inauguration, the potential for speculative expectations has been gradually weakening. Bitcoin may undergo a consolidation adjustment in the short term, with key support around 99,500. There have been two attempts to fill this gap without breaking below it; as long as the price remains above this level, it is a strong upward trend. The minor resistance is around 105,500-106,000.

ETH: It has been very weak, oscillating below the trend line, with minor resistance at 3,450. Only if it stabilizes above this level will there be a chance for a rebound.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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Selected Articles by 丁君羡

2 months ago
12.23 Market Analysis: Bitcoin's failure to break through ninety thousand - is it accumulation or distribution?
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12.19 Market Analysis: Mild Interest Rate Hike Has Been Implemented, Bitcoin's Negative Factors Have Been Exhausted, Which Is Positive
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12.18 Market Analysis: Bitcoin's Extreme Inducement to Long Positions and Waiting for CPI to Arrive
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