Today, January 8, 2025, the cryptocurrency market is demonstrating significant volatility. Yesterday, January 7, the price of bitcoin (BTC) decreased by 4%, dropping below $98,000. This fall was followed by the publication of data on the number of job openings in the US labor market (JOLTS), which showed a rise in the number of job openings, indicating the creation of new jobs.

Additionally, there have been cases of spoofing in the market - liquidity manipulation in order books, which increased volatility and led to the liquidation of long positions totaling more than $30 million within one hour.

At the time of writing this post, Bitcoin is trading around $97,000, reflecting ongoing uncertainty in the market. Analysts recommend investors to exercise caution and closely monitor key support and resistance levels to make informed decisions in the current volatility.
Please provide the text to be translated.
To reduce risks during periods of cryptocurrency market decline, experts recommend:
• Avoid giving in to emotions: do not become a victim of FOMO (fear of missing out) and FUD (fear, uncertainty, and doubt).
• Diversify your portfolio: distribute investments among different assets to reduce risks.
• Define clear goals: set entry and exit points, as well as stick to a pre-developed strategy.
• Conduct your own research: make decisions based on analysis, not under the influence of market sentiments.

Following these recommendations can help investors navigate the volatility of the cryptocurrency market with more confidence.