After the big dump on Friday night, BTC V-ed back again. Why? Simply put: the non-farm data is quite strong, which should be a good thing, but analysts think that the Fed may reduce or delay rate cuts as a result. This speculation prompted Large Investors to sell off immediately, scaring everyone to withdraw quickly, and the result was a big dump. However, this dump was inevitable, and it's considered a Candlestick correction trend.

So, what will happen next? Don't worry, let me quickly review (this is just my personal opinion, investment still depends on your own judgment).
I estimate that BTC will fluctuate between 92000 and 96500. Now, the second bottom has stabilized, and with the news of the interest rate cut in the United States and the inauguration of a new Fed chairman, these are all giving BTC a boost and a chance to rise. Friends who have coins can take advantage of the low prices to add to their positions, while those with heavy positions should be patient and wait for the rise.
BNB is expected to fluctuate between 685 and 715, quite stable, with no big risk. Many coins are locked in megadrop, so if BTC rises, BNB may slowly catch up.
As for ETH#ETH , the range of 3200 to 3500 is its stage, and it seems a bit fragile. It may not be profitable to hold it for the long term, so it's better to switch to BTC early on, which might be more reliable.
Some important information:
BlackRock, MicroStrategy, and Fidelity have collectively purchased approximately $94 billion worth of BTC in 2024.
2. Shengbao Bank analyst: If BTC falls below the support level of $90690, it may face a bigger dump
3. New Hampshire proposed a bill to establish a 'Strategic BTC Reserve', while North Dakota in the United States proposed to establish reserves of digital assets and precious metals
10 days later, becoming the first 'felon' president in the United States, Trump called it a 'disgrace', claiming to be the victim of 'political persecution', and sent an email to his supporters with a fundraising link (it is not yet clear whether cryptocurrency is accepted).
Today's daily BTC#BTC technical analysis of the market, from the Candlestick chart, the 1-hour level is sideways, the 4-hour level is sideways, the 12-hour level is about to rise, and the daily level is falling. The intraday resistance level is $96500, and the support level is $92500.