Whether it's Bitcoin or Ethereum, trading volumes are declining.

The upcoming trends may be dominated by market sentiment due to insufficient liquidity.

We need to pay close attention to the Asian market; if the Asian market can stabilize, prices won't fluctuate too much.

However, if the Asian market starts to panic and sell off at this time, this Christmas might not be peaceful.

It is expected that the Christmas market will last until around January 6.

However, from the perspective of market sentiment, after Powell's hawkish speech, Bitcoin has still been fluctuating around $100,000, indicating that the market is gradually accepting the expectation that the Federal Reserve will only lower interest rates twice in 2025.

I think now is actually a good opportunity to accumulate Bitcoin because the market is in a phase of consolidation and accumulation.

Bitcoin has already recovered half of its decline and is now stuck at the $100,000 mark. Once it breaks through, this round of correction may come to an end.

Next, Bitcoin will continue to challenge new highs between $110,000 and $120,000. It is expected that after Trump takes office next year, Bitcoin will quickly rise to $200,000.

Every time Bitcoin experiences a significant correction, many people think it is the last chance to escape, but in reality, it may be the last chance to get on board. As the saying goes, "A thousand gold cannot buy a cow's turning back."

Notably, the Russian Finance Minister stated that Russia is using Bitcoin in foreign trade.