#美国非农就业数据未达市场预期 Bitcoin once again demonstrates the market's favorite script—sudden surges always have a story behind them.

This time, three forces have truly converged.

**First is the "relief" on the macro front**
US December CPI year-over-year at 2.7%, perfectly aligning with market expectations. This almost unnerving match has directly increased the probability of the Federal Reserve maintaining interest rates in January to 97%. In other words, the threat of rate hikes has temporarily been lifted. Policy uncertainty dissipates, and those who have been waiting on the sidelines will naturally seek safe havens.

**Second, the "black swan" has unexpectedly provided support**
The news of the Federal Reserve Chair being under criminal investigation is quite explosive. The trust foundation of traditional finance has been shaken, which in turn has shifted investors' focus toward decentralized assets. Bitcoin, which does not rely on any single authority, has been repriced at this moment. The market is saying: I need something that won't be manipulated by politics.

**Finally, on-chain data has long signaled this**
The outflow pressure from Bitcoin ETFs has significantly eased, even showing signs of inflow. The price repeatedly rebounds within the $90,500–$91,200 range, indicating large funds are quietly accumulating here. The key resistance at $92,000 was cleanly broken yesterday, and the short-term technicals have fully turned bullish.

Every sudden surge is the result of multiple factors aligning. Macro concerns receding, safe-haven sentiment awakening, and technical breakthroughs—once these three resonate, the market speaks through price. The performance of $BTC , $ETH , and $BNB all validate this logic.

Signals are already appearing; whether you catch them or miss them depends on whether you're paying attention.