Precise Market Analysis 2.2
Brothers, good morning, a new week has begun.
Last week, Waller was nominated as the chairman of the Federal Reserve and did not commit to interest rate cuts.
Gold plummeted, BTC crashed.
How should we operate this week?
What is our analysis of the market situation?
(1) Will there be another crash?
The possibility of a crash is low, with strong support around $77000.
However, we cannot rule out the possibility of ETF funds continuing to sell off, leading to a sustained decline.
In extreme cases, the lowest point for BTC may be around $70000.
(2) How do we view the future market?
Before the Iranian issue is resolved,
the market will experience fluctuations for the next 1-2 months, similar to the trends in March-April last year.
By around April, with the increase in employment due to the impact of AI,
and after the Iranian issue is resolved, the market will recover.
(3) How to operate currently?
Don't cut losses, while keeping some bullets to guard against a big drop.
Don't buy other currencies outside of BTC, ETH has also dropped significantly.
Be cautious of the possibility of war breaking out and another drop occurring.
This Friday, the January non-farm payroll report will be released, which is also a key point.
Don't use all your bullets, keep some for extreme situations.
Brothers, good morning, a new week has begun.
Last week, Waller was nominated as the chairman of the Federal Reserve and did not commit to interest rate cuts.
Gold plummeted, BTC crashed.
How should we operate this week?
What is our analysis of the market situation?
(1) Will there be another crash?
The possibility of a crash is low, with strong support around $77000.
However, we cannot rule out the possibility of ETF funds continuing to sell off, leading to a sustained decline.
In extreme cases, the lowest point for BTC may be around $70000.
(2) How do we view the future market?
Before the Iranian issue is resolved,
the market will experience fluctuations for the next 1-2 months, similar to the trends in March-April last year.
By around April, with the increase in employment due to the impact of AI,
and after the Iranian issue is resolved, the market will recover.
(3) How to operate currently?
Don't cut losses, while keeping some bullets to guard against a big drop.
Don't buy other currencies outside of BTC, ETH has also dropped significantly.
Be cautious of the possibility of war breaking out and another drop occurring.
This Friday, the January non-farm payroll report will be released, which is also a key point.
Don't use all your bullets, keep some for extreme situations.