Is there still an opportunity to bottom out? There might be. Why?
Currently, Bitcoin has risen to $98,000. Since the 23rd, Ethereum has not fallen along with it, and last night Bitcoin saw another surge. At this time, market liquidity is extremely low, and with US stocks closed tonight, true large liquidity may not return until after New Year's Day. During this period, due to insufficient liquidity, any small negative news could lead to a drop in Bitcoin, and if altcoins follow suit, it could be a good opportunity to bottom out. However, whether Bitcoin will be hit hard actually depends on market sentiment.
After New Year's Day, the market will start to pay attention to the inauguration of the new US president, and the true trend is expected to emerge between mid-January and early March. Therefore, before mid-January, we need to observe whether the big players will provide another opportunity. To be honest, I find it hard to make a judgment about this.
Next, will the trend arrive as scheduled? There is a high probability that it will, but the premise is that the US economy remains stable, there are no unexpected events with Trump, and Japan does not stir up trouble. The probability of these risks occurring is quite low. Historical data shows that during the first 100 days of a new president's term, the performance of the stock and crypto markets is usually good, which is supported by data. After all, with a new official in charge, the market often reacts positively.
