12.13 Precise Market Analysis

Good morning, everyone. BTC has broken 100,000 and is pushing upward,

after a pullback, there is significant resistance above.

From on-chain data, in the last 2 days:

(1) Stablecoins have seen a small outflow, a slight bearish signal.

(2) BTC is continuously flowing out, with 9,000 units flowing out from Binance.

Considering these three factors, we judge that the bull market is still on; this is a new accumulation phase.

(1) After Trump's victory, ETF funds have poured in on a large scale again.

(2) BTC continues to flow out of exchanges.

(3) There is still one month until the positive impact of Trump's election on January 20.

Yesterday the market rebounded violently; today to next Monday, it will definitely be sideways.

Do not expect a sudden surge.

Thus, what we need to do now is to patiently hold our coins.

The US stock market has risen too sharply, preemptively taking profits for early 2025.

Additionally, the decline in US inflation has stopped, or at least stagnated.

It is possible that December will be the Federal Reserve's last interest rate cut, or there will be very few rate cuts next year.

Therefore, although we judge that there will be another wave of increase, we must not let our guard down.

The market is more twisted than expected.

Currently, we need to plan ahead.

The next wave of upward trend needs to take profits.