Looking back at the market, both BTC and the altcoin closed the month with bullish candlesticks. The overall fluctuation of BTC in the past six days has not been large, and recently the overall fluctuation has been in a range. The trend of the altcoin is now upward, consistent with what we said before. The rebound continues. Now that the altcoin is rising, BTC is fluctuating. As mentioned in the six-day outlook, the four-hour stabilization point at 3650 needs to hold for it to reach around 3720. The overall six-day fluctuation is also around 3700. The four-hour bottom has already formed a base, and now we are waiting for the altcoin to continue pushing up. The distance to $4000 is getting closer. The recent performance of altcoins has also been good, with every sector's coins pulling up, making it an easy profit environment. I feel the overall performance in December is still good. Many altcoins have already doubled or tripled from the bottom rebound, and many people think it's high now, but it will only go higher. Hold onto your spot positions; missing this wave will only lead to missing more. Capital from outside has started to enter the market in succession; this is just the beginning.
We won't talk much about BTC's short-term fluctuations in the range of 9.9-9.8. As long as it doesn't break through $100,000, the short-term will continue to maintain a fluctuating market. Overall, I feel that December's market is still good, and any pullback won't show a deep performance. Once the altcoin catches up, BTC should start moving. These two won't move together, which is quite interesting.
ETH has overall formed a bottoming situation around 3680 in the four-hour chart. The bottom position is continuously rising. The six-day daily level is also trending upwards. Overall, the market is fluctuating within a range, and this week, ETH has hope to touch the 4000 position. Pay attention to the 3820-40 range during the day; as long as this position breaks, the market will quickly reach the target. The intraday support level is at 3700.