On this night, 6.2 billion CNY was looted, 188,241 people were liquidated to zero. On this night, BTC dropped below $4600 and ETH dropped below $300. Altcoins plummeted back to the starting point or even lower. There are mainly two aspects in the market. On one hand, Trump's press conference announced many shocking news, such as changing the Gulf of Mexico to the American Gulf, not ruling out the use of force to regain control of the Panama Canal, strengthening Canada economically and militarily to become part of the United States, claiming Greenland as its own, and so on. These absurd remarks directly stunned the market. No one knows what Trump is up to. Panic first is inevitable when things are unclear. Capital behaves the same way. When sensing unexpected trends, it will run for its life. The second thing is Musk said that Twitter has no intention of enabling any cryptocurrency payments, and is currently focusing on stablecoin development! The uncertainty going forward has increased, and Lao Te only talks about encryption, while Musk has not opened up more ecological scenarios! BTC attention Support 94350/91800 Pressure temporarily set at around 98000 ETH focus Support 3185/3100 Pressure temporarily set at the range of 3440-3486 This is how the secondary market works. Without torturing people to the end and exhausting the market, it would be a disgrace to the image of capital. The start of 2025 needs a tone, which probably needs to be set around the end of the month! Be patient, keep your position under control, and don't fill your position! It's still the same sentence in the day.,Wait for the signal.,Don't shoot if there's no signal! #2025币圈Flag
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2025.1.8 9:28 AM BTC/ETH market analysis
On this night, 6.2 billion CNY was looted, 188,241 people were liquidated to zero. On this night, BTC dropped below $4600 and ETH dropped below $300. Altcoins plummeted back to the starting point or even lower. There are mainly two aspects in the market. On one hand, Trump's press conference announced many shocking news, such as changing the Gulf of Mexico to the American Gulf, not ruling out the use of force to regain control of the Panama Canal, strengthening Canada economically and militarily to become part of the United States, claiming Greenland as its own, and so on. These absurd remarks directly stunned the market. No one knows what Trump is up to. Panic first is inevitable when things are unclear. Capital behaves the same way. When sensing unexpected trends, it will run for its life.
The second thing is Musk said that Twitter has no intention of enabling any cryptocurrency payments, and is currently focusing on stablecoin development!
The uncertainty going forward has increased, and Lao Te only talks about encryption, while Musk has not opened up more ecological scenarios!
BTC attention
Support 94350/91800
Pressure temporarily set at around 98000
ETH focus
Support 3185/3100
Pressure temporarily set at the range of 3440-3486
This is how the secondary market works. Without torturing people to the end and exhausting the market, it would be a disgrace to the image of capital. The start of 2025 needs a tone, which probably needs to be set around the end of the month!
Be patient, keep your position under control, and don't fill your position! It's still the same sentence in the day.,Wait for the signal.,Don't shoot if there's no signal! #2025币圈Flag