1.9

Market sentiment remains slightly volatile, and the market expectations regarding the Venezuela event are quite similar. The United States has begun communication with Venezuela regarding oil imports. If an agreement is reached smoothly, it could help lower oil prices, thereby reducing some US inflation. However, I personally believe the focus this week is still on Friday.
There are two important events on Friday: one is the release of non-farm payroll data. So far, both good and bad employment data are considered positive. An increase in the unemployment rate may boost expectations of a Federal Reserve rate cut, while a decrease indicates that the US economy remains optimistic. However, a rate adjustment in January is unlikely, and any changes after March will mostly be a direct contest between Trump and the Federal Reserve.
Another more important event is the potential Supreme Court ruling on Trump's tariffs today. If the tariffs are deemed illegal, it would be good for US inflation relief and could help the Federal Reserve in choosing to cut rates. However, for Trump and his administration, it might be uncomfortable and could also impact Trump's approval ratings.

BTC
Bitcoin is following the same logic as yesterday, retracing to around 90,000 and quickly consolidating. In the short term, this level shows clear battles between bulls and bears, meaning both sides have opportunities. From a broader perspective, it’s clear it hasn't bottomed out yet, which is a contradiction of the cycle. Currently, the only thing to do is monitor the daily chart to decide whether to go up or down. The idea remains the same: watch if it can hold above 90,000. If it can, there’s a chance to move higher; if not, the rebound ends. Support levels are 90,000-88,800, resistance levels are 92,500-93,800.

ETH
Ethereum is similar; the overall trend has not stabilized yet, and both sides are battling on the daily chart. As long as it stays above 3,070, there’s a chance; if it breaks below, the rebound ends. Support levels are 3,070-3,000, resistance levels are 3,165-3,215.