How bad is the current economy? After struggling for two years, the whole street is left with only pharmacies and delivery stations. Now, many long-standing stores that have been operating for half a lifetime are nearly turning into warehouses and pickup points. Since the beginning of spring this year, the operating conditions and business rates across various industries that I've observed are not optimistic, really not optimistic. Many business owners are simply not opening or operating this year because there is hardly any profit. After working hard for a whole year, they end up financing themselves and taking out loans, and when they tally up at the end of the year, they find they haven't made any money, so why keep going? Employees are being laid off and some simply look for other jobs. The New Year was just over a month ago; everyone must hold on. Although many first-tier cities are seeing a slight rebound in housing prices, many people think the economy is good this year. In fact, since the pandemic, China's economy has not returned to pre-pandemic levels. Especially for those in the crypto circle, do not treat money lightly. Chasing highs and cutting losses, seeing a rise and then shorting, what is the final result? Everyone knows in their hearts. Especially for those who make a dozen trades a day, when the final accounts are settled, it's still not enough to cover the fees, and they are just working for others. Although making money in the crypto circle comes quickly, it is essential to find the right methods.

Now let's take a look at the market conditions. Bitcoin has risen from a low of 76,606 to about 85,309, almost a nine-thousand-point increase, currently hovering at 82,700. Moving forward, we need to pay special attention to the 80,000 and 75,000 levels. As long as these two levels are not broken, Bitcoin will still be seen above 100,000. Currently, focus on the upper resistance at 88,000 dollars, then 90,000. As long as we break through the 80,000 and 88,000 levels and hold steady, the good show will begin. For Ethereum, the highest was at 1,957 dollars, with important support at 1,850 and 1,800 dollars. The upper focus is at 1,950 dollars. If it holds steady at 1,950 dollars, it will attempt to touch the 2,000 level. Many altcoins are hovering at the bottom, and some have no prospects at all. Here, it is important to emphasize that there are over 3,000 types of altcoins now, and one must choose wisely; do not choose poorly-performing ones. Otherwise, when Ethereum leads the market, and mainstream and altcoins rise, you will still be stuck at the bottom, wasting a year. Finally, remember this saying: a few well-intentioned individuals can influence the market. The rise will not always be influenced. Maintain a calm mindset; after the storm, the rainbow will eventually appear. Currently, Bitcoin and Ethereum are preparing for a big move. On the 20th, let's see the Federal Reserve's interest rates and whether Powell can withstand Trump's pressure to cut rates early. The market will also preemptively speculate on rate cuts. Be patient and do not lose heart. As for Trump's tariffs, you can refer to my earlier articles, which explain it in detail. I am Old Mountain, thank you for watching, and see you tomorrow!