Track the latest real-time cryptocurrency market news and take advantage of the best trading opportunities. Today is January 27, 2025, Monday. I am Wang Yibo! Good morning to all cryptocurrency friends☀️

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The weekend has come to an end and as expected, the market is generally moving with a tremor. There are no major fluctuations in currency prices. The current markets remain susceptible to unexpected and unstable changes. The meetings of the Federal Reserve will decide this week whether the Fed will cut interest rates in January and what is Powell's stance on monetary policy. Trump is expected to demand an immediate rate cut and call on the world to follow suit. US PCE data will be announced on Friday. The uncertain cryptocurrency market, influenced by external factors, is currently at a risky crossroads, making the period before Spring Festival a volatile one that makes you panic, as everyone believes that the white period has ended. Yibo always expects to monitor the performance after the Spring Festival, but there will be a division between the two levels, especially for digital currencies and cryptocurrency options, depending on friends' deep abilities in this field.
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The price of Bitcoin rose overnight from the highest point of 105229, bearing market pressures, leading to a decline in the trend. This decline progressed gradually, and finally reached the level of 102627. From a small time frame chart perspective, the price of the currency shows previous progress represented by a rapid decline, followed by a slow decline in the trend channel, and finally a large complex decline. After reaching the low point, there was a rapid rebound in the price. However, based on comprehensive analysis of technical indicators and market sentiment estimates, it can be said that the price of the digital currency is susceptible to another decline, but it will be based on a previous rebound, so significant participation in the bullish bet is possible.
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The Ethereum market also maintains a synchronous pace with the Bitcoin market. The prices have also dropped, continuously decreasing to a low level at 3235. On the 4-hour chart, Japanese candles struggled to break through the upper limit and formed a pin bar candle, continuing to form small and volatile Japanese candles. During this process, the prices received support from the short-term moving average and the middle band, providing a certain level of market stability. However, the Bollinger Band began to contract, and the short-term moving average moved within the middle band, indicating that the market may be entering a relatively narrow contraction phase. Overall, it is likely that the Bitcoin market will continue to fluctuate within a range in the short term. The upper limit on the 4-hour chart and the previous resistance level should be monitored.