2025/1/14 Morning BTC, XRP, ENA Analysis

BTC fell below 90,000 last night and quickly rebounded, reflecting two facts:

1. The bears are strong, continuously hammering down from 96,000 to 89,000, a drop of 7,000 points without respite. More importantly, the market's lows and center of gravity are continuously moving down, constantly testing and piercing the bulls' bottom line.

2. Last night's bull counterattack was also strong, pulling back to 95,000, recovering 6,000 points. However, the bulls still show signs of fatigue. I believe the current strength comparison in the market is more (40%) vs bears (60%).

Now the market is oscillating around 94,000, meaning last night's drop and rise, one positive and one negative, balance out to 0, and the market trend returns to a subtly weak balance. I do not dare to easily expect a significant rise in the future unless the market strongly stands above 96,000.

During the day, we watch for recovery oscillations, whether it is bull or bear, will be revealed at night. Pay attention to the movement of the market's center of gravity, overall still leaning weak.

XRP has very good resistance to decline, this currency can be paid more attention to in the future, with a high expectation for a price increase.

ENA, weak, the rebound amplitude is much worse compared to BTC, reflecting a strong willingness for this currency to decline, still maintaining a bearish outlook, shorting on highs.