As of 9:00 on January 8, 2025, the price of Bitcoin was $97,170. A drop of 4.64%. The highest price was 10,244. The lowest price was 96,180. The trading volume was 3.19 billion (BN). Summary of the market: Let's analyze the trend. Let's first talk about where we are. Knowing where we are, we know the current operation direction, so that we won't make mistakes on both ends. Only one side is wrong. Betting big or small has at least a 50% winning rate. But many people in the financial circle can't achieve a 50% winning rate. Because most of the time we bet big and small. Your winning rate may be only 10%. The position can't stand the beating! At present, the pressure of Bitcoin is 110,000. This is a big adjustment position before the end of the month. That is, Bitcoin is still adjusting back and forth between 91 and 100,000 in the past half month. If Bitcoin wants to set a new high and move in a new market, this position must stand firm. The longer this position is adjusted. The more stable the 100,000 mark will be in the future. So Bitcoin is currently in the bull adjustment stage (market is divided into the beginning of bear market, the end of bear market, bear market, the beginning of bull market, bull market, bull adjustment) and is still in the bull market.
Let's talk about Ethereum. Ethereum represents the Shanzhai market. So we analyze it separately. The current market is really difficult. We have to look at Bitcoin market. We have to look at Ethereum market, and we have to look at US stocks. We also have to look at Nvidia... Yesterday, I looked at Trump again... Ethereum still has room for growth, that is, Shanzhai still has a certain room for growth. This space is given by Bitcoin's shock. So from the 11th to the end of the month, I am optimistic about a small wave of Ethereum market. So it can be regarded as a hot spot for Shanzhai in the first quarter. As for whether it has fallen to the right position, it is difficult to answer. It is difficult to find the best hot spot in the current market. But the current position is a good price-performance position.
Personal analysis: Current market point analysis: Bitcoin pressure 108400. Support 95000. Trend: Bitcoin bull market - bull adjustment Ethereum pressure 4000. Support: 3310. Trend: Up. The analysis is finished, simple analysis, simple understanding. The Bitcoin market fluctuates, and the cottage market rises.
