BTC has been rebounding since last night, contributing approximately 2000 points of profit to participants in a short period of time. Currently, the price has re-established itself above the oscillating upward trend, and the overall situation looks good.



However, there is a key moment to watch tonight—at 21:30 Beijing time, the US will release December's unemployment rate data and seasonally adjusted non-farm payroll growth. The previous unemployment rate was 6.4%, and expectations this time are for a decrease to 6%; non-farm payroll growth is expected to rise from 3.5% to 3.6%.

What does this mean? If the data meets expectations or is even better, or if it is slightly weaker but still better than the previous value, it indicates that the US economy remains relatively resilient. Keep in mind, the market in January was not expecting the central bank to cut interest rates (CME's probability of rate cuts is only 13.8%), so if the employment data performs well, it will become a significant driver for buying.

From a technical perspective, focus on three key price levels: 92505 as the first target, 93606 as the second resistance, and 94404 as a more aggressive upward space. If the data tonight is strong, the probability of these targets being hit one by one will significantly increase.
BTC-2,21%
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