The key now lies in the release of the US unemployment data and non-farm payrolls data at 21:30 tonight, which will influence the attitude of the Federal Reserve towards interest rate cuts. Non-farm payrolls in January are expected to rise by 170,000, lower than the 256,000 recorded in December last year, but almost the same as the average level of the past three months. According to Dow Jones' forecast for this report, it is widely expected that the unemployment rate will remain at 4.1%. It is estimated that the month-on-month wage growth in January will be 0.3%, and the year-on-year growth is expected to be 3.7%. If the annual figures are correct, this will be the slowest growth rate since July 2024. Although non-farm payrolls may confirm that the pace of job creation in the United States is slowing down, the broader view is that the employment situation remains stable and is unlikely to be a concern for the Federal Reserve at any time in the near future. It is difficult for BTC to fall below $90,000 based on the current trend. Currently, the market sentiment is extremely fearful, and most people are bearish. However, during after-hours trading, BTC is very likely to rise to $99,000 and may experience a fakeout. This is because the range between $99,000 and $100,000 is the stop-loss range for many short positions, and it is also a gap area on the small timeframe chart, which may lead to a fakeout tonight. However, there is also a possibility of a true breakout and continued upward movement.

💎
💎
Recently, many small altcoins have experienced a sharp decline, with a drop of over 90% not being uncommon. The people who previously hyped the 'altcoin season' have also gone silent. While there may be opportunities for a rebound in small altcoins, it is uncertain whether it is a 'dead cat bounce' or a bottom reversal. If the circulation and market capitalization continue to rise rapidly, it is highly likely to experience a temporary rebound followed by another decline. However, if the project teams become more restrained and the issuance speed slows down, some high-quality projects that were listed recently have the potential to stand out and achieve a 5-10 times rise. The current market is unlikely to see a general rise, and rebound opportunities are mostly concentrated in altcoins that have gained consensus.