#我的2026第一条帖 On January 8th, the market experienced an anticipated technical pullback after a strong start to the new year, with Bitcoin and Ethereum weakening in tandem. Bitcoin touched a low of 90635 USDT in the early morning and was oscillating around 91300 at the time of writing; Ethereum rebounded to around 3170 after touching 3124. Last night's US ADP employment data met expectations. While it didn't trigger sharp volatility, it prompted some profit-taking, causing prices to break through key psychological levels. This pullback confirmed that 92000 (BTC) and 3180 (ETH) have shifted from support to preliminary resistance. The market structure has transitioned from offense to defense, undergoing a healthy rebalancing of positions and clearing of floating chips.

Despite short-term pressure, the core logic supporting the market remains unchanged. Sustained net inflows into US spot Bitcoin ETFs at the beginning of the year provide a solid foundation for the market, and whale addresses have not panicked in selling during the pullback. Current market focus has completely shifted to Thursday's US CPI inflation data and Friday's non-farm payroll data, which will provide more critical clues for the Federal Reserve's policy path.

Strategy-wise, cautious positioning can be considered when prices approach strong support areas with stabilization signals, while preparing for potential volatility from CPI data. The market's directional choices will become clearer after this week's macro events materialize. In the short term, closely monitor support levels and non-farm data releases; in the long term, focus on institutional heavy positions such as AI + blockchain and asset tokenization tracks. The current oscillation and pullback represents a critical window for screening quality targets and laying out structural opportunities. The sustainability of the strong momentum depends on the strength of support absorption and the pace of new capital inflows.