Recently, a tweet from Binance founder Zhao Changpeng in 2020 was brought back to light, sparking heated discussions in the market. In that tweet, he predicted that the price of Bitcoin would drop from $101,000 to $85,000. Recently, after reaching $102,762, the price of Bitcoin began to plummet, seemingly heading towards Zhao Changpeng's predicted $85,000. This coincidence raises questions about whether this is a prophetic insight or if there is something more behind it.
Uncertain factors affecting the market, from the market perspective, currently show that the Bitcoin market's trend is filled with uncertainty. Analyzing from a daily level, the five-wave structure of this round of rising market has been fully presented, and there is a significant divergence in the volume-price relationship, with prices showing a volume-decreasing upward trend until the a-wave market unfolds. Subsequently, the market welcomed a rebound, but this phase is very likely to be a bull trap, representing the b-wave trend. Taking the performance of the K-line on the 6th as an example, the last K-line of the day showed a volume increase, which is undoubtedly a significant signal of a market top. The price level of 91,000 is at a critical point, and its gain or loss has an important influence on the subsequent market direction. However, it is not enough to judge the trend of the Bitcoin market solely based on technical analysis indicators. Recently, the U.S. released non-farm employment and inflation index data, which had a complex impact on the market. In December, the number of non-farm jobs increased by 256,000, significantly higher than expected, reaching a new high since March 2024. The unemployment rate unexpectedly dropped to 4.1%, and average hourly wages increased by 0.3% compared to November. After the data was released, U.S. Treasury yields and the dollar index soared, with the 30-year Treasury yield rising above 5%. Traders have pushed back their expectations for another rate cut by the Federal Reserve to later this year, no longer betting on two rate cuts this year, and analysts expect the Fed's focus will shift to inflation. From a macroeconomic perspective, this series of data is bearish for the market, but the market quickly rebounded and recovered the index after a brief and rapid decline. #比特币价格走势分析 #加密市场回调