1.27 Market research report $$BTC $ETH

Bitcoin briefly surpassed $42,000, a 24-hour increase of 5.62%

Data: Ethereum options January trading volume reached $17.9 billion, a new monthly record

Market analysis:

BTC Bitcoin briefly surpassed $42,000, and the daily volume surged to break through the previous high. After the breakthrough, the trend is unlikely to rush upwards but will likely slide down slowly to release a large number of short-term chips.

ETH The price has stabilized and has a sustained upward trend

Key levels to watch today

Upper resistance 42100-42200

Lower support 41000-40700