The following key points can be focused on regarding the trend in the cryptocurrency world:

Market Adjustment: The current pullback is a normal adjustment within the bull market, lasting about 10 days and nearing its end. The season for altcoins is about to arrive; although a collective breakout has not yet occurred, the market is waiting for Bitcoin and Ethereum to lead the way. Some individual coins have already started to rise, but most altcoins are still consolidating sideways, waiting for a strong coin to signal a rebound.

Technical Analysis: Bitcoin's technical indicators (such as MACD, KDJ, etc.) have dropped to a low point, and there has been no increase in volume during the downward movement. If the support level can hold, the chances of a rebound will be greater.

Capital Situation: A substantial amount of funds have entered the bottom area, providing support for the subsequent rebound.

News: It is expected that Trump will take office at the end of January, which may bring policy changes and market benefits. Additionally, Ethereum's staking feature is anticipated to be launched after his inauguration, potentially attracting a large influx of funds. A surge in staking applications is expected in January. Before the Christmas holiday, around $131 million has already flowed into the market, and the main capital is also looking forward to this.