The US government is highly likely to end the shutdown this week, so there may be a chance for a rebound next week. In the evening, Bitcoin experienced a significant drop, touching around 102500 before starting to rebound, but the strength is too weak. Due to the CPI data being released tomorrow night, the market will be under pressure, so we may have to wait until next week for a rebound. In the short term, beware of downward spikes, with Bitcoin support near 101000, so avoid making rash moves for now.
Operational suggestion: Look for bullish opportunities on intraday pullbacks to 101000-102000, and bearish opportunities on rebounds to 105000-106000. Do not blindly take bullish or bearish positions right now, and avoid being overly ambitious!
