Share the current market analysis.

Weekly:

Last week closed with a bearish candle compared to the increased volume of several major exchanges, forming a bearish pattern called a 'evening star' (in line with last week's analysis indicating an adjustment phase). However, the backdrop is an upward trend, so the bearish effect may be weakened. The oscillation range is temporarily divided as 89865-108364. We will observe whether the subsequent K-line's downward volume diminishes or if a stop-loss signal appears in the support range below to verify.

Daily:

Last week, the volume-price divergence at the daily level was confirmed. On December 20, the closing formed a long lower shadow hammer candle; the long lower shadow indicates strong support below, signaling a bottoming out, suggesting that a reversal is imminent. We will wait for a clear stop-loss signal in the subsequent market to increase the probability of stabilization, but more K-lines are needed to strengthen the basis for judgment.

Summary:

The context of the weekly level is in the mid-term bull market, and the closing formed a bearish pattern, so the subsequent market needs adjustment. The oscillation range has been temporarily defined, and we will observe whether a stop-loss signal appears within this range.

The daily level is in a consolidation phase after an upward trend, showing a bottoming signal. We will observe whether there is a clear stop-loss signal in the support range below 92118-90742.

Currently, Bitcoin and altcoins are in an adjustment phase after an upward trend, and this adjustment period will not be long, possibly requiring a few weeks. The adjustment cycle for altcoins may be longer, with some stronger trends in altcoins likely to follow Bitcoin first, while weaker altcoins may extend their adjustment period. After the adjustment ends, a stronger trend will follow.