US stocks closed with divergent performance on Tuesday. The Dow Jones Industrial Average preliminarily rose by 0.37%, showing some upward momentum; however, the S&P 500 index fell by 0.47%, and the Nasdaq Composite Index saw a more significant decline, reaching 1.3%. In individual stock performance, TSL (TSLA.O) plummeted by 8.3%, while Nvidia (NVDA.O) also dropped by 2.8%. Crypto Assets zone was particularly bleak, generally experiencing dumping. The recent theft incident at Bybit became the catalyst for market dumping, triggering a series of chain reactions. Negative news spread rapidly in the market, further intensifying investors' panic and leading to a significant number of investors choosing to dump their held Crypto Assets. Meanwhile, from a Technical Analysis perspective, the coin price directly broke through a key support level, severely undermining market confidence and spreading panic further, which is also one of the important factors triggering the dumping trend.

From a macro perspective, the recent strong performance of the US economic data makes it highly probable that the Federal Reserve will continue to maintain the current interest rates. In this situation, the US dollar continues to strengthen, while risk assets, such as Crypto Assets, often face dumping due to the strength of the US dollar. In addition, some US states' related bills on Bitcoin have not been passed, significantly increasing regulatory uncertainty, which is undoubtedly one of the key reasons for the continued decline in coin prices. Currently, the overall US stock market is in a downward trend, and even the US dollar and gold, usually seen as safe-haven assets, are also declining. Market sentiment is extremely low, reaching a terrible state. In such a market environment, it is difficult to accurately judge where the market will eventually fall to, and it is equally difficult to predict when prices will start to rebound. In fact, as we enter 2025, the market is facing great challenges, and the probability of black swan events occurring in a high interest rate environment has significantly increased. However, I still believe that there are certain investment opportunities in the first quarter (Q1). Of course, this is just my personal opinion. If you have a pessimistic view of the market, according to my consistent view, the market situation may gradually become unfavorable to investors starting from the second quarter (Q2). There are more or less opportunities in Q1, while the opportunities in Q2 almost entirely depend on strategic reserves. However, from a macro perspective, there may be certain favorable factors.

Yesterday's Bitcoin market performance was shocking. The price plummeted all the way to near the 86000 level, then hovered around that price. In the midnight U.S. session, it seemed that a plate-saving action was taken, and the Bitcoin price quickly rebounded, now back to the 89000 zone, with current overhead resistance at the 90,000 zone. Looking at the hourly chart technical indicators, the lower Bollinger Band has started to turn upwards, which is usually seen as a signal of a bottom rebound. However, the sustainability of the rebound is not strong. When it touched the previous high of 89500, the price was once again suppressed. Nevertheless, from the analysis of various moving average indicators, the bullish volume is still in a continuous volume increasing phase. Based on this, it is expected that today's Bitcoin price during the day session will show a trend of oscillation and repair. In the morning session, it is advisable to consider going long at low levels as the main layout strategy, and then arrange short positions after confirming the overhead resistance.

Ethereum probed lower from the morning, quickly rebounding to the high of 2448 after touching the low point of 2314, then steadily declining to the low of 2360 before rebounding. The current price is running around 2500. From the trend analysis of the four-hour and hourly charts, Ethereum shows a trend of stabilizing and rebounding first. During multiple probes, the price has not been able to break through the key support level, indicating strong support below. The market is currently in intense competition between bulls and bears, with trends constantly changing, likely to see a rebound. Therefore, early attention should be paid to the strength of the rebound. Once signs of stagnation appear, it is possible to intervene in short positions again. It is expected that the market will mainly oscillate within a range in the short term.