On the macro front, December non-farm payroll data underperformed expectations. Although the unemployment rate slightly decreased, the trend of deterioration in the labor market is quite evident. Market analysts generally believe that this data will deal a blow to the Federal Reserve's interest rate cut plans. Meanwhile, a leading public blockchain has launched a $100 million incentive program in an attempt to attract more projects. Good news is that UK regulators are expected to open licensing applications for cryptocurrency companies as early as September this year. Additionally, a16z Crypto's latest assessment is quite interesting — the crypto industry has officially entered the "Infrastructure Era," with foundational technologies like market prediction and verifiable computing predicted to become key in reshaping the entire ecosystem. Grayscale is also busy; they have registered a new ETF product in Delaware.
From a technical perspective, $BTC daily chart repeatedly oscillates near a critical support line. The rebound after a correction is somewhat weak, essentially indicating that market liquidity remains insufficient. On the four-hour chart, the price has broken below the middle band of the Bollinger Bands, maintaining a short-term bearish pattern. In the short term, small rebounds around the Bollinger middle band and the support line are likely, but the overall trend is probably downward. Precious metals (gold and silver) remain strong, as geopolitical uncertainties continue to boost safe-haven demand. This trend warrants ongoing attention.
$BTC today’s reference range: Support: around 88500, 89000, 90000 Resistance: around 91500, 91900
$ETH today’s reference range: Support: around 2952, 3000, 3060 Resistance: around 3140, 3170
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#密码资产动态追踪 【Market News】Friday, January 10
On the macro front, December non-farm payroll data underperformed expectations. Although the unemployment rate slightly decreased, the trend of deterioration in the labor market is quite evident. Market analysts generally believe that this data will deal a blow to the Federal Reserve's interest rate cut plans. Meanwhile, a leading public blockchain has launched a $100 million incentive program in an attempt to attract more projects. Good news is that UK regulators are expected to open licensing applications for cryptocurrency companies as early as September this year. Additionally, a16z Crypto's latest assessment is quite interesting — the crypto industry has officially entered the "Infrastructure Era," with foundational technologies like market prediction and verifiable computing predicted to become key in reshaping the entire ecosystem. Grayscale is also busy; they have registered a new ETF product in Delaware.
From a technical perspective, $BTC daily chart repeatedly oscillates near a critical support line. The rebound after a correction is somewhat weak, essentially indicating that market liquidity remains insufficient. On the four-hour chart, the price has broken below the middle band of the Bollinger Bands, maintaining a short-term bearish pattern. In the short term, small rebounds around the Bollinger middle band and the support line are likely, but the overall trend is probably downward. Precious metals (gold and silver) remain strong, as geopolitical uncertainties continue to boost safe-haven demand. This trend warrants ongoing attention.
$BTC today’s reference range:
Support: around 88500, 89000, 90000
Resistance: around 91500, 91900
$ETH today’s reference range:
Support: around 2952, 3000, 3060
Resistance: around 3140, 3170