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January 9 Trading Review:
Yesterday's market movement was quite strong—$BTC broke through 5006 points, and $ETH gained 162 points, maintaining a seven-win streak overall. The key support levels in the market were not broken throughout the day, indicating that the bulls are still in control.
Those who followed the right direction felt comfortable yesterday. The positions we locked in early remained steady all day. As long as we don't make reckless moves and follow this rhythm, profits will naturally come. This is the result of proper accumulation; when the trend reverses, it will confirm our judgment.
From a technical perspective, the US non-farm payroll data underperformed expectations, putting some pressure on the bears, but the rebound strength of Bitcoin and Ethereum proved that the bottom support is still solid. $SOL's performance also followed the same rhythm.
In the short term, the key is to hold these support levels. Once broken, it will be a true trend reversal signal. For now, the bullish story is not over yet.