The current market atmosphere seems quite cautious, with most investors appearing to be watching for the next moves. With the countdown to the U.S. presidential inauguration already underway, at this sensitive moment, any policy or statement related to cryptocurrency could trigger significant market volatility, even leading to substantial increases or decreases in asset prices.
Based on the current technical charts and market sentiment, I personally believe that in the short term, prices may first experience a downward trend, possibly adjusting to around 92,000, which could become a key point for the market to seek support. However, once the inauguration is over, if the policy atmosphere leans towards the favorable, the crypto market may rebound quickly and have the chance to rise back to 104,000. This price range reflects the uncertainty of the market and its high sensitivity to policy impacts.
Of course, this is merely a personal speculation based on current conditions and not investment advice. The market is ever-changing, and it is particularly important to manage risks cautiously.