$BTC $ETH $MEME
The big pancake has broken through the four-hour trend line, and after rebounding, it couldn't stabilize. Now the closing lines are all below the trend line. If it undergoes a major cycle correction, we should be able to see a big pancake at 7.
Ethereum is performing much weaker; you could say it's a lump. The daily line's pullback on the bullish trend closed this morning with a single needle probing the bottom. Unfortunately, it's a shrinking increase. To continue rising and break through the previous high, it cannot drop below 3000; otherwise, it will be a bearish trend until the New Year. To maintain the bullish trend, it must rise next week.
Currently, the altcoin market has no playability, and there seems to be insufficient liquidity. The big players and institutions have probably reversed to short. As for going long, let's wait until mid-January to see what the K-line looks like. Currently, the small cycles are all in a bearish trend without reversal.
