This week is a super data week: On the 11th, the US January Non-Farm Payrolls, CPI, Japan's general election + escalation of US-Iran confrontation + Federal Reserve officials' speeches, etc., are all moments that could potentially have a huge emotional impact on the market!

The weekend market was steady, with Bitcoin fluctuating around the 70900 level, and Ethereum around 2085; there isn't much room for movement, but both bulls and bears have opportunities!
The top priority this week is the Non-Farm Payrolls data on the evening of the 11th. The previous value was 5, with an expected value of 7. An expected value is considered bearish; an increase in employment suggests a strong economy, which could delay interest rate cuts.
However, the CPI data on the 13th shows an expected value indicating inflation is under control. In the first half of the week, be cautious; after the Non-Farm Payrolls release, watch the specific figures and market reactions. After Friday the 13th, the week officially ends, and the Chinese New Year holiday begins!
With current liquidity, a major market move is unlikely. A wave of market trend brewing takes days or even weeks of accumulation to attract more people and capital. Therefore, it’s suitable to actively position for a big drop in spot trading, while for futures, observe as you go—avoid trading without stop-loss!
BTC support/resistance levels: 74450/70900/64500/57850
Over the weekend, there was intense debate around 70900. If it holds, the next target is 74450. The price is consolidating with decreasing volume below this level, which is also suppressing the market and discouraging traders from entering. If this situation persists into the evening, observe the specific volume and price relationship—perhaps the market will move upward even without confirmation. After North American markets open in the evening, pay attention to real-time opportunities from骚哥!
ETH support/resistance levels: 2225/1840/1600/1385
This morning, the price rebounded to 2152, just one step away from 2225. This time, the low-position chips did not hit the break-even point. Hold your position and see if you can touch 2225 before the Non-Farm Payrolls. Then observe the strength of bulls and bears.
Trading suggestions: For spot, dare to buy on dips this week; for futures, continue to be cautious—avoid trading without stop-loss!