Interpretation of Callback Bottom Timing

Regarding the current wave of pullback, I estimate that the oscillating pullback will continue for about another two weeks before it concludes, with the market likely starting a new round of upward movement around mid-January.

Looking back at Bitcoin's past trends, the pullback magnitude is often around 20%, and it is very likely to drop below the previous liquidation long wick point at 90600, descending down to around 85000.

Ethereum and some altcoins have already experienced excessive declines in advance; the probability of Ethereum dropping below the 3000 - 3100 range is indeed quite low.

In the next two weeks, it is highly likely that we will see a scenario where Bitcoin's rate of decline will be faster compared to some altcoins.

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