Track real-time hotspots in the crypto world and seize the best trading opportunities. Today is Tuesday, January 28, 2025, the twenty-ninth day of the lunar month. I am Wang Yi Bo! Happy New Year's Eve to all crypto friends ☀ Hardcore fan check-in 👍 Thumbs up and make a fortune 🍗🍗🌹🌹. Another New Year's Eve has arrived, and I am grateful for your continuous support. In the new year, I will live up to your expectations and overcome obstacles for you in the trading market with professionalism. May your investments be successful and fruitful. Happy New Year's Eve! In 2025, let's conquer the peak of the crypto world together with all the frens in the snow!
💎 💎 Will Bitcoin usher in a wave of price increases during the Spring Festival? In this regard, Yibo has compiled the trend of Bitcoin during the past 10 Spring Festivals and found that Bitcoin has actually risen every time: 2024 (2/8~2/14): $44,349 to $52,043, an increase of 17.3% 2023 (1/20~1/29): $21,071 to $23,960, an increase of 13.7% 2022 (1/29~2/6): $37,716 to $42,656, an increase of 13.1%. 2021 (2/10~2/16): $46,420 to $50,689, an increase of 9.2% 2020 (1/23~1/29): $8,682 to $9,449, an increase of 8.8% 2019 (2/2~2/10): $3,462 to $3,685, an increase of 6.4%. 2018 (2/15~2/20): $9,449 to $11,786, an increase of 24.7% 2017 (1/27~2/1): $918 to $986, an increase of 7.4% 2016 (2/6~2/14): $374 to $404, an increase of 8% 2015 (2/18~2/24): $234 to $238, an increase of 1.7% 💎 💎 This Thursday (January 30, 2025), the Federal Reserve will announce the interest rate decision at 3 a.m. The expectation of no interest rate cut in January is in line with expectations, and the probability of maintaining the interest rate unchanged is 98.9%, basically a foregone conclusion. The negative expectation has been fully digested since December 18, so there will be no further decline when it is implemented. The key is to see if Powell's speech releases information about the expectation of interest rate cuts in March and beyond. As long as it is mentioned, there will be a short-term surge, which happens to cater to the Spring Festival market. However, there is usually a sharp needle movement before and after the results of the meeting are announced. It is reported that the probability of a 25 basis point interest rate cut in March this year is currently 27.1%, and the probability of a 25 basis point interest rate cut in May is 38.4%. Some institutions believe that the interest rate cut this year will be postponed after May, so the probability of an interest rate cut in March is not high at the moment, and there will be a correction in the mid-March. The probability of an interest rate cut in May is relatively high, so there may be an early digestion of positive expectations for a rise in April. 💎 💎 Yesterday, Bitcoin's strong downward trend broke through the important support level of 100,000 points and reached around 97,700 before showing signs of stabilization and rebound. It has now formed a V-shaped reversal and stopped rising after reaching 102,000. From a technical perspective, the candlestick on the daily chart has formed a hammer pattern, coincidentally at the upper edge of the downward trend channel. Although Bitcoin briefly broke through a support level during the daytime drop yesterday, it did not reverse the trend. Generally speaking, after a daily adjustment, there is still an opportunity for a new high, especially considering that the adjustment structure from last week has not shown a reversal. The short-term adjustment is expected to be in place, and there is a trend of bottoming out. After the upward movement last night, there may be a pullback during the day, with the pullback expected to occur in the afternoon to evening. The end of the pullback will potentially bring a new wave of rise! Just pay attention to whether the pullback will break the low point of yesterday, as it will affect the height of the next upward movement. Pay attention to the resistance level of 103,500-105,000! 💎 💎 Ethereum is linked to the decline of the big cake, and it has tested the lowest 3010 level for a rebound. It is currently near 3150, basically testing the important support level again. As mentioned earlier, after the entity failed to stand above 3350, the oscillation range will definitely move downward, so you can chase after the breakout.
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Track real-time hotspots in the crypto world and seize the best trading opportunities. Today is Tuesday, January 28, 2025, the twenty-ninth day of the lunar month. I am Wang Yi Bo! Happy New Year's Eve to all crypto friends ☀ Hardcore fan check-in 👍 Thumbs up and make a fortune 🍗🍗🌹🌹. Another New Year's Eve has arrived, and I am grateful for your continuous support. In the new year, I will live up to your expectations and overcome obstacles for you in the trading market with professionalism. May your investments be successful and fruitful. Happy New Year's Eve! In 2025, let's conquer the peak of the crypto world together with all the frens in the snow!
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Will Bitcoin usher in a wave of price increases during the Spring Festival? In this regard, Yibo has compiled the trend of Bitcoin during the past 10 Spring Festivals and found that Bitcoin has actually risen every time:
2024 (2/8~2/14): $44,349 to $52,043, an increase of 17.3%
2023 (1/20~1/29): $21,071 to $23,960, an increase of 13.7%
2022 (1/29~2/6): $37,716 to $42,656, an increase of 13.1%.
2021 (2/10~2/16): $46,420 to $50,689, an increase of 9.2%
2020 (1/23~1/29): $8,682 to $9,449, an increase of 8.8%
2019 (2/2~2/10): $3,462 to $3,685, an increase of 6.4%.
2018 (2/15~2/20): $9,449 to $11,786, an increase of 24.7%
2017 (1/27~2/1): $918 to $986, an increase of 7.4%
2016 (2/6~2/14): $374 to $404, an increase of 8%
2015 (2/18~2/24): $234 to $238, an increase of 1.7%
💎
💎
This Thursday (January 30, 2025), the Federal Reserve will announce the interest rate decision at 3 a.m. The expectation of no interest rate cut in January is in line with expectations, and the probability of maintaining the interest rate unchanged is 98.9%, basically a foregone conclusion. The negative expectation has been fully digested since December 18, so there will be no further decline when it is implemented. The key is to see if Powell's speech releases information about the expectation of interest rate cuts in March and beyond. As long as it is mentioned, there will be a short-term surge, which happens to cater to the Spring Festival market. However, there is usually a sharp needle movement before and after the results of the meeting are announced. It is reported that the probability of a 25 basis point interest rate cut in March this year is currently 27.1%, and the probability of a 25 basis point interest rate cut in May is 38.4%. Some institutions believe that the interest rate cut this year will be postponed after May, so the probability of an interest rate cut in March is not high at the moment, and there will be a correction in the mid-March. The probability of an interest rate cut in May is relatively high, so there may be an early digestion of positive expectations for a rise in April.
💎
💎
Yesterday, Bitcoin's strong downward trend broke through the important support level of 100,000 points and reached around 97,700 before showing signs of stabilization and rebound. It has now formed a V-shaped reversal and stopped rising after reaching 102,000. From a technical perspective, the candlestick on the daily chart has formed a hammer pattern, coincidentally at the upper edge of the downward trend channel. Although Bitcoin briefly broke through a support level during the daytime drop yesterday, it did not reverse the trend. Generally speaking, after a daily adjustment, there is still an opportunity for a new high, especially considering that the adjustment structure from last week has not shown a reversal. The short-term adjustment is expected to be in place, and there is a trend of bottoming out. After the upward movement last night, there may be a pullback during the day, with the pullback expected to occur in the afternoon to evening. The end of the pullback will potentially bring a new wave of rise! Just pay attention to whether the pullback will break the low point of yesterday, as it will affect the height of the next upward movement. Pay attention to the resistance level of 103,500-105,000!
💎
💎
Ethereum is linked to the decline of the big cake, and it has tested the lowest 3010 level for a rebound. It is currently near 3150, basically testing the important support level again. As mentioned earlier, after the entity failed to stand above 3350, the oscillation range will definitely move downward, so you can chase after the breakout.