The current callback depth and trend, if we want to compare with historical trends

The condition settings are relatively loose because we hope to have more data for reference

Approximately similar to eight historical time points

Among them, only one time point is when a sharp drop bear market is imminent within a month

And another time point is when it enters a bear market after more than a month

The remaining six are all continue to rise for at least a month before starting to consolidate, with the most having a five-month increase

If we continue to narrow the conditions, it still resembles the period from December 2020 to January 2021

So I still believe the bull market will continue

Of course, we still need to keep observing, if the trends in January and February really do not meet expectations, then just hold half of the BTC and wait

According to my expectations for the 2025 market, looking at the whole year, there should be no need to clear positions before the first half of the year.