#Join Honor Credits Draw & Win MacBook, Merch and More! Follow the latest developments in the cryptocurrency world, find the best opportunities to transact. Today is Monday, January 27, 2025. I - Van I Bo! GM, cryptocurrency friends! ☀hardcore fan subscribe👍, give likes and wish you success in cryptocurrency investment 🍗🍗🌹🌹

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The weekend has also passed, and the market situation generally meets our expectations. Coin prices are still fluctuating at the main rhythm. There are no major fluctuations. Uncertainty and unexpected changes still exist in the market at present. This week, the Federal Reserve meeting on (28-29 January) will be held, which will determine whether the interest rate cut in January, as well as the monetary policy conducted by Powell. Trump will demand an immediate interest rate cut again and ask the whole world to follow suit. On Friday, old US PCE data will be released, adding to the uncertainty in the cryptocurrency market influenced by intervention. Actually, the market is currently at a crossroads, so at this time approaching the Chinese New Year, you will face fluctuations that make you panic, and everyone thinks that the bullish market has ended. Yibo instrument analysts are always interested in observing the market after the Chinese New Year, but it will move with a million contradictions. Especially for those playing in the real market, especially for those choosing altcoins, it is important to be able to choose blockchain projects wisely!
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Bitcoin price started to decline from the level of 105229 in the evening, facing market pressure and undergoing a correction. This correction trend gradually moved forward and eventually returned to the level of 102627. Looking at the 4-hour chart, the coin price experienced a rapid decline in the initial period, then entered a slow downward channel, and finally dropped sharply forming a complex pattern. After reaching the lowest point, the price quickly rebounded. However, based on technical indicators and market sentiment evaluation, overall, if the price rises again, it will be based on a rebound, so we still recommend buying at low levels.
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The Ethereum exchange rate also synchronizes with the rhythm of Bitcoin. The price also experienced a correction, dropping to the level of 3235 at the lowest point. When looking at the 4-hour chart, after testing the upper band, the K-line met resistance and continued to fluctuate with the help of the small K-line. In this process, the price received support around the short-term moving average and the middle band, which provided a little market stability. However, the Bollinger band began to narrow, and the short-term moving average was around the middle band, which may indicate that the market will soon enter a relatively narrow fluctuation range. Overall, it is likely that the Bitcoin exchange rate will continue to fluctuate within this range in the near future. Please note the upper band of the 4-hour chart and the resistance around the previous maximum.#Join Honor Credits Draw & Win MacBook, Merch and More!