This up season is really interesting, like sunny mornings and rainy afternoons. Just yesterday, after a significant drop, most coins have rebounded to nearly the levels from 2-3 days ago. Some even increased more than before the drop.
Those who cut their positions surely cannot buy back as the prices have recovered too quickly. Such fluctuations during waves and up seasons often occur to shake out weak hands, kill Long Shorts, and can easily lead those who like to optimize to lose their holdings.
$BTC has rebounded 4K in price after the CPI release; major events, especially good news, will help the market explode even more.
Around the 100K level, I believe this will be a resistance level, a strong enough support that the house wants to establish for the next season. It may continue for a while before we hear news about interest rate cuts from the FED again or not.
The fact that Mr. Trump officially takes power, along with Mr. E. Musk officially taking on a new role, will be a significant wave for this Up phase.
=> Stay calm at least from now until the end of Q1, everyone. There are many beautiful things waiting for us next year… 🚀🚀🚀