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Happy New Year everyone!

At the beginning of a new day in 2024, Bitcoin did not have a good start as expected, but the most eye-catching thing in the cryptocurrency market is the monster currency TRB. The whale's manipulation techniques are vividly demonstrated, and the liquidation contract is also the consistent operating style of the TRB whale. , the trend of Bitcoin at the moment is completely a kind of waiting. Will the spot ETF be approved before the 10th? However, approval is a high probability. The fact that Bitcoin can maintain fluctuations at the 4.2W point also shows that whales and institutions are not willing to see Bitcoin plummet. They control all the chips. This also fully shows that the market will improve in 2024. The pattern remains unchanged, and the trend of Bitcoin also reflects the uncertainty of a series of economic and financial meetings in China in the first week of January 2024. In the first week of 2024, there were a number of major news economic events. The most eye-catching one is undoubtedly China’s “non-agricultural report” next Friday (January 5), Beijing time. Currently, economists expect non-farm employment to increase by 158,000 in December, with the unemployment rate rising slightly to 3.8%.

In addition to non-agricultural policies, the central bank is also scheduled to release the minutes of the December monetary policy meeting next Thursday (January 4), Beijing time. In fact, these meetings are also one of the factors causing uncertainty in the cryptocurrency market, because people are looking forward to the news of interest rate cuts, so what we need to do at this moment is to stabilize our mentality, mainly choose varieties with narratives to ambush, and pay attention to Brother Ming, Chat together. #etf #BTC