Share the current market analysis.

Weekly:

Last week, the market closed with a shrinking negative line with upper and lower shadows, indicating that the competition between long and short positions was fierce, which was a bearish signal. It is currently consolidating below 50% in the 89865-108364 oscillation range, so the air force has the advantage and the support below is strong. If it stands above 99100 in the future, the long army will be stronger. Observe whether a new stop-loss signal will be formed in the future.

Daily:

On January 6, the volume broke through the pressure range of 99514, but the next day it fell back and did not stand firm, which was a false breakthrough, indicating that the oscillation consolidation trend will continue, and then it returned to the 92118 support range. On January 10, the closing line formed a large volume penetration, which means that the market has stopped falling. The current oscillation range has been hovering for 24 days, getting closer and closer to the recent upward trend line support level. Observe the subsequent long army volume, including the effectiveness of the stop-loss signal, to increase the basis for judgment.

Summary:

The weekly trend background is the mid-term bull market. The closing line forms a dark cloud cover with shrinking volume, which is a bearish signal, but the support here is strong. Observe whether there will be a large-volume stop-loss signal in the future.

The daily level belongs to the consolidation after the upward trend. At present, the air force volume of the downward wave is gradually weakening. It is waiting for the release of the multi-force volume to appear. A large-volume piercing stop-loss signal will appear. Observe the subsequent closing situation to increase the basis for judgment.

Recently, the macro expectations of interest rate cuts have weakened, the US stock market has fallen, and the capital side has weakened. Bitcoin continues to maintain its previous sideways fluctuations. Trump is about to take office, and the FGI sentiment index is sluggish. In addition, the recent on-chain meme market is very good, and the secondary market funds tend to flow into the primary market. In December, retail investors seem to see more cottage seasons, and the market during this period has led to a reversal of market sentiment. However, it is not certain whether there will be a cottage season, but the rise of local hot cottages and strong cottages is unquestionable.