10x Research: It is expected that the year will start off well, followed by a slight decline before the CPI data release on January 15

【10x Research: It is expected that the year will start off well, followed by a slight decline before the CPI data release on January 15】 Golden Finance reports that 10x Research points out in its market analysis that while some initial enthusiasm is expected at the beginning of the new year, it is not yet the time to experience the bullish sentiment similar to that of late January to March or late September to mid-December 2024. It is anticipated that the year will start off well, followed by a slight decline before the CPI data is released on January 15. Favorable inflation data could reignite optimism, driving a rebound before Trump's inauguration on January 20. However, this momentum may weaken, and the market may experience a decline before the FOMC meeting on January 29. From January to mid-November 2024, Bitcoin's dominance rose from 50% to 60%, posing significant resistance to the performance of altcoins. Although the dominance index briefly fell to 53% within three weeks (raising hopes for an altcoin season), it quickly rebounded to nearly 58%, then stabilized around 55%. This consolidation highlights Bitcoin's enduring dominance as the main driving force in the crypto market, while also indicating that altcoins may face challenges unless Bitcoin's dominance index declines again.