Currently, BTC is still oscillating at a high level with low volume. It seems that the probability of choosing a direction this week is still low. Although there are expectations of FTX compensation and Trump's inauguration on the 20th, the enthusiasm of off-market funds near 100,000 has noticeably decreased, and on-market funds have also digested quite a bit, temporarily remaining in a weak equilibrium state, with neither bulls nor bears willing to easily concede.

The good news is there are quite a few, and market confidence is relatively stable, likely building a base after the last significant rise. In the short term, BTC is expected to bounce around this price range. However, one must stay cautious; before the King of Understanding takes office, the market might suddenly hit the brakes, washing out the last of the indecisive.

Therefore, this week, we expect a fluctuation between 94,000 and 104,000. It's advisable to sell high and buy low to make some trades.

This weekend, many altcoins have started to oscillate upwards again, with some altcoins beginning to rally in advance. Currently, the overall trend of altcoins has not yet unified, but they are gradually completing bottom repairs. It is currently early January, and the upcoming market is expected to have another oscillation that will kill off the bulls, followed by a second wave of main rises in mid to late January, while some later altcoins may reach this in early February.

As for the extent of the bullish slaughter before the next main rise, it will depend on the strength of each altcoin and the amplitude of BTC's oscillation and correction. Weaker altcoins may see a sharper decline back to previous lows, while stronger altcoins may only experience a deeper correction.

Currently, many altcoins are still in the bottom range. For spot trading, there has been ample time for everyone to dollar-cost average and buy the dip from December 20 to today, so if there is a correction soon, it might be the last good entry opportunity!