There are three possible trends in the current market:
The first scenario: Bitcoin (BTC) shows a strong upward trend starting today, breaking through the historical high of $108,000, driving the altcoin market into a frenzy.
Until January 20, when Trump (Old Trump) takes office, favorable policies come into effect, triggering an explosion of market sentiment, followed by a comprehensive correction phase, ultimately leading to a large-scale "all-coins-drop".
The second scenario: Bitcoin's price declines, breaking below the support level of $90,000, with a target around $72,000, reflecting an overall adjustment trend in the market. Until after Trump takes office, market sentiment warms up, welcoming a rebound.
In other words, BTC may continue to decline from now until it starts to rebound on January 20.
The third scenario: Bitcoin's price oscillates within the current range until it rises again on January 20, but does not break above the previous high of $108,000 nor fall below the support level of $90,000.
This oscillating trend within the range is considered the most likely to occur.
From the perspective of Wall Street's trading tactics, the third trend aligns best with their operational strategies.
The reason is that the current cost of chips is relatively high, so they tend to gradually collect more chips through oscillation and upward movement, preparing for a significant rise in the next phase.
This strategy has a lower cost and also helps to gradually accumulate advantages during the market oscillation process.
