The pace of the Federal Reserve's interest rate cuts remains the biggest variable for the crypto surge and bloodbath script in 2025. Tomorrow is the closing day for the monthly and yearly lines, and the true recovery of liquidity may have to wait until the 6th, at which point we can observe the main players' direction of choice. We need to be prepared, and the buying opportunity is when the price is low enough, so there will be enough space for an increase. The risk has been released, so there is no need to panic, just wait quietly for the upward trend. ETH is stronger than BTC, which is a typical bottoming formation, maintaining a bullish and long mindset. ETH's recent performance has validated the market's expectation for its increase, especially with significant shakeouts and the clearing of floating positions. The inflow of ETF funds has also paved the way for ETH's rebound in January, and historical data shows that ETH's performance in the first quarter typically outperforms other periods. Currently, BTC is oversold, and altcoins are in the bottoming phase. The spot market is now a good opportunity for positioning; keep an eye on the low price range, and once it rises, the profit potential will be considerable. A pullback in a bull market is the best opportunity to adjust positions and switch holdings; the market's FOMO sentiment will be very strong during a broad rally, but we can only think about positioning after the sentiment cools down. The trend of Bitcoin is crucial as it represents the overall direction of the crypto market, but once the trend of Bitcoin is confirmed to rise, choosing assets that can significantly outperform Bitcoin becomes key.