1. Last Friday, the U.S. December non-farm payroll report was better than expected, which further cooled market expectations of a Fed rate cut and even raised concerns that there might not be any rate cuts this year. Following last Friday's dumping, yesterday (Monday) opened low with a big dump, and large-cap tech stocks continued to fall, with BTC also falling below 90,000. U.S. stocks moderately rebounded during the session, recovering most of the previous fall, and BTC also rebounded strongly back to the previous consolidation range of 93,000 to 96,000.



2. Daily line: There is a possibility of a head and shoulders pattern. The 30-day moving average (96800) and the 60-day moving average (96900) are about to form a death cross, and 96500~97000 is the first key resistance for whether this round of Rebound can continue. The current round of adjustment has lasted 28 days, and there is no signal of the end of the four-wave adjustment at the daily level.
3, 1 hour: Currently breaking through the 1-hour EMA50 moving average, which is starting to turn upwards. If it doesn't fall below 94000, the Rebound trend will continue.

4. Tomorrow night (January 15th, Wednesday) at 21:30, the US will release the CPI data for December, which will cause significant volatility.
Mainly low, supplemented by high altitude.
BTC0,35%
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