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Macroeconomic and Capital Factors (Key Influences)
The U.S. Department of Justice's investigation into Federal Reserve Chair Powell triggered short-term market volatility. U.S. stocks and cryptocurrencies initially declined then rebounded, but uncertainty around Federal Reserve policies continues to suppress risk appetite.
Bitcoin spot ETF experienced a net outflow of $284 million in a single day, Ethereum ETF saw a net outflow of $39.52 million. Institutional funds continue to withdraw, bullish momentum is insufficient, and whales show no clear direction.
Geopolitical risks are rising, global market correlation is strengthening, and cryptocurrencies have not broken free from macro-driven fluctuations, following broader risk sentiment.
Today’s key focus is on the U.S. December CPI inflation data, which will directly influence interest rate expectations and may trigger significant volatility in the crypto market.
Market Analysis:
After breaking below support on January 13, the crypto market experienced a weak recovery. ETF outflows combined with upcoming CPI data suggest risks remain! U.S. CPI data is likely to cause intense fluctuations!
Trading Suggestions:
Buy: BTC 90000-93000, ETH 3060-3070, with light positions to test long entries;
Short: BTC 91800-92100, ETH 3140-3160, with light positions to test short entries;
Risk Management: Hold off on positions one hour before CPI release and observe;
Final Reminder: Capital outflows and macro disturbances mean volatility remains the main theme. Before CPI data is released, it’s more important to control your hands than to make reckless moves. Wait for clear signals before acting!