0122 Bitcoin Daily Report

Bitcoin attempts to stabilize above $90,000. Due to the postponement of the planned tariff implementation originally scheduled for February 1, risk sentiment has rebounded. The market experienced a rapid decline followed by partial recovery, but overall, it indicates more of a stabilization rather than a return to a clear risk-on rebound.

The crypto market is closely linked to macro news. Bitcoin experienced a volatile session overnight, initially falling below $88,000, then rebounding to $90,000, erasing most of the day's losses. This event highlights that during uncertain times, global politics and bond markets still have the power to cause rollercoaster movements in the crypto market.

Currently, traders are closely watching whether Bitcoin can hold above $90,000, or if this is just a fleeting moment.