This year's Christmas did not turn out to be a disaster. The market has seen a slight recovery. This is actually due to the fact that the US stock market closed up last night. The previous decline in Bitcoin was also affected by the US stock market. If the US stock market falls, then BTC will follow the fluctuations in the early trading of the next day or in the middle of the night. However, if it closes up before the 25th, it means that this Christmas will most likely be safely passed, and the market outlook will slowly show the market expectations before Trump took office.
Let's look at Ethereum again. Ethereum's trend is also relatively stable. Today, it once broke through the first pressure level of 3,500. It is not surprising that Ethereum's rise has rebounded, because the ETF inflow data of Ethereum is positive, so there will be no panic with the support of funds. If you have been following Mr. Crab for a long time, you should understand this logic, so we will not emphasize it here.
In the coming January, the market narrative is biased towards bulls. First, the first batch of compensation from FTX will be around the sixth day of the month, with an estimated amount of about 16 billion US dollars. Objectively, most of this part of the funds will flow back to Ethereum, including cottages. After all, the compensation funds are for retail investors, and the cost-effectiveness of ambush in this position is not high. Therefore, in the eyes of the victims, to obtain these compensation funds, Ethereum, including the leading cottage, will be their target of choice with a high probability.
After that, everyone knows that Trump will take office on January 20. With a series of economic stimulus, including whether Trump can fulfill the loosening of the encryption policy after taking office, and Bitcoin becoming a strategic reserve for the old Americans, it has become our expectation. So from the perspective of early layout, if there is an opportunity in the near future, in addition to the FTX concept, the Trump concept and the Musk concept will become the main theme in January next year.
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