BTC Market Morning Commentary:

1) Four Hours: Bullish momentum sharply decreased; the rebound is driven by lower-than-expected unemployment data from the U.S., institutions believe the probability of a rate cut in January has increased, leading to a rebound in both U.S. stocks and BTC;

2) Daily: Trading volume has decreased, and the confidence of the bulls is insufficient;

3) Order Book: The amount of buy orders is very small, making it difficult to take action;

4) ETF: A net outflow of 350 million yesterday, selling on the rise;

The price has rebounded to the zero axis, and the room for further rebound is limited.