January 25 Research Report
Yesterday, BTC remained in consolidation. The market was not significantly affected after the interest rate hike, and the trend remains healthy. It can be considered to start following up. The expectation for the day is continued consolidation, and the long-term outlook remains unchanged; the bull market is still on. The upcoming rate cut process will slow down, and the FTX compensation expectation will not be until February.
ETH is consolidating in sync with BTC, but its trend is weaker than BTC. The expectation for the day is continued consolidation. Market risks have been eliminated, and it can be considered to follow up.
The altcoin sector is consolidating in sync with the mainstream. It can be considered to follow up. For altcoins already acquired, continue to hold SATS. Sell off when it rises to around 50. For medium-term holding, it could reach around 80. POLYX can continue to be held, and ACT should be kept.
Fundamental news: None
Primary market information:
After the release of DOGECAST, wait for further positive news.
Mainstream coin support and resistance for the day:
Today's market, BTC support at 102500-103000, resistance at 105500-106000; ETH support at 3200-3250, resistance at 3380-3430.