The Christmas market trend will not dissipate just because Christmas has ended; the Christmas rally is likely to continue until around January 6th. Even though the U.S. stock market will open, liquidity and trading volume are expected to be much lower than on regular working days. In this context, Bitcoin (BTC) has broken through to $99,000. How many people would have thought just two days ago that many were saying we would see BTC starting with an 8 or a 7. If I insist that this is the effect of the trend, many might scoff. So let me put it another way: it is very likely that some investors have already accepted the outcome that the Federal Reserve will only cut interest rates twice in 2025. After all, from the conclusion, BTC's price has managed to stay above $100,000 after Powell’s speech, indicating that investors are beginning to accept this outcome. The core PCE before Christmas is also a tool to salvage sentiment, so will it continue to fluctuate until liquidity is restored? My view is a bit more conservative; let's first observe the trend after tomorrow's market opens. Although many institutions and investors are still not working tomorrow, liquidity will still be better than during the holidays once the U.S. market opens. Now, facing American investors who have already surpassed $99,000, will they begin to face reality and muster their courage again, or will they sell off to avoid risks? We will know soon enough. After these two working days, there are another two working days until the New Year, so the sentiment on the first trading day will be even more important. Predicting prices has little significance; it’s either right or wrong. If right, it’s just a little more unrealized profit; if wrong, it’s just a temporary paper loss. As long as we still believe the trend has not ended, we can hold on.