Bitcoin Price Trend Analysis: Prices rose after the election, but pulled back due to the Federal Reserve's cooling effect; holiday effects may lead to volatility, and Trump's inauguration speech could excite the market.
Sentiment and Historical Data Analysis: The fear index has dissipated, and volatility is conducive to "distilling the true from the false";
Ethereum's historical performance suggests a potential rebound, and short-term price declines due to liquidity exhaustion will not change the trend.
Bitcoin has failed to complete a trend reversal, and downward pressure is increasing, necessitating attention to potential further declines; resistance levels are referenced at 97600 and 97000, and support levels are referenced at 94500 and 93500.
Bitcoin Long Position: Light long position in the 93500 range; if it pulls back to 91500, enter long directly. Target: 93000-94000.
Short Position Entry Reference: Light short position in the 96500-97000 range.
Personal Advice: For reference only.
