The crucial point now is the announcement of US non-farm payrolls and employment data that will impact the Federal Reserve's stance. Non-farm payrolls are expected to increase by 170,000 jobs in January, lower than the 256,000 recorded in December of last year, but roughly in line with the average for the past three months. According to Dow Jones' forecast for this report, the market generally expects the unemployment rate to remain at 4.1%. Monthly wage growth in January is estimated at 0.3% and annual growth at 3.7%. If the annual figures are correctly predicted, this will be the slowest growth rate since July 2024. Although non-farm employment may confirm a slowdown in job creation in the United States, the prevailing view is that the job market is stable and should not be a concern for the Federal Reserve in the near term. Through structural trend analysis, it is very difficult for the current Bitcoin price to drop below $90,000. Currently, there is intense fear in market sentiment and many expect a decline, but Bitcoin's price could rise to $99,000 after trading hours and a misdirection may occur. Since $99,000 - $100,000 is the short stop-loss range for many people and is also a gap area on the small-scale chart, a misdirection may occur tonight, but there is also a real possibility of a true breakthrough and continued rise.

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Recently, many small cryptocurrencies have experienced a significant decline, and quite a few have dropped by over 90%. Those who defended the 'altcoin season' have lost their voices. Although small cryptocurrencies have the chance to rebound, it is uncertain whether it will be a 'dead cat bounce' or a bottom reversal. If the issuance volume and market value are still crazy, there is a high possibility of a short-term recovery followed by another drop. If the project side converges and the issuance speed slows down, it is expected that some high-quality projects that have been listed for some time will stand out and achieve a 5-10 times increase. Currently, it is difficult for the market to rise, and the recovery opportunities mostly lie in alternative coins that have consensus.