2.3
Yesterday, CME's opening futures saw a significant decline, but as we entered the European session, it began to recover. This week, expectations for a government shutdown to end on Monday seem to be delayed for a few more days. This shutdown has once again delayed the release of labor data; however, the data for January is not very important anymore. Everyone is more focused on the trends after the upcoming handover. Therefore, in the short term, there isn't much negative news from the fundamentals.
BTC
The thought I shared with everyone yesterday was that if 76400 doesn't break, there would be a small rebound. After a false breakdown at the 76400 level yesterday, it then rebounded upwards and reached our indicated resistance. The recent decline to 74500 is a starting point from the previous rise. At this position, it is highly likely to form a central pivot. Therefore, what we need to pay attention to during the day is the strength of the rebound at the four-hour mark. Additionally, after this position rebounds upwards, it will also make a downward move. After that, we should monitor whether a divergence can form at the four-hour mark, which could lead to a rebound in the market. So in the coming days, we need to focus on the rebound around 80500 above. If it doesn't break, we need to be cautious as it may make a downward move, with support at 77600-74500 and resistance at 79400-80700.
ETH
Ethereum at this position also needs to consider Bitcoin. We should pay attention to whether it can break above the zero line at the one-hour level and continue. We also need to observe at the four-hour level whether this position can continue to move upwards. The thought process is the same; after finishing the four-hour move, it will also come down again. So, to summarize, the day will experience upward fluctuations, but the larger direction is still downward, with support at 2285-2230 and resistance at 2400-2530.
#BTC何时反弹？ $BTC
