The market changes rapidly, and trading is all about the present moment. You sing whatever song fits the mountain you are on. The price of Bitcoin has once again fallen, dropping all the way to 95,000. This situation continues to show fluctuations. Previously, we made it very clear that this situation still needs to walk within our channel. Currently, the price is around 96,200 USD, and the price continues to fluctuate. This fluctuation typically requires a relatively long period unless it can quickly achieve a trend that crosses the zero axis and surpasses this position. Otherwise, its price will still continue to experience fluctuating washouts.
Currently, if the stablecoins are increased, after Christmas, Bitcoin spot ETFs are expected to see an inflow status, with nearly 400 million dollars flowing in just one day. Moreover, the overall Bitcoin market value continues to increase, indicating that the bull market has not yet reached its peak. The Bitcoin rainbow chart is still within this channel, and the upper resistance point has now become 108,000, providing a significant space. Although there has been a selling action in the past two days, it is unclear who sold, but the wallet balances on exchanges have increased. However, today there has been an outflow status, indicating that someone is continuing to buy. From the overall chart, it can be seen that within the past day, most of the top 100 cryptocurrencies have experienced a significant pullback, with only a few showing an increase. This indicates that the market has once again entered a consolidation phase, which is evident to everyone. This deep washout has not yet ended and still needs to brew for a while, considering that it is only the 20th of the month, and January has not yet arrived. The next four months are a golden key period, so no matter how much it pulls back, it will continue to consolidate at this position for a long time. From now on, regardless of how we wait and how we respond, we must maintain calm in this range. Do not let the fluctuations from the market makers wipe out your positions or liquidate your contracts. If you miss this wave, you will miss this bull market, which I believe is a very irrational choice. Once you make a rational choice, I think you should still hold your positions for now, especially for quality cryptocurrencies, until there is a significant increase in altcoins before I would consider selling. Currently, facing this result, it may wait until Bitcoin is about to enter a bullish end before this situation might occur. Therefore, this lengthy wait may take two to three months, but during this time, it will gradually rise step by step, not all at once. It will not produce such a result; it may slowly fluctuate and then break through. Many friends say, 'What should we do now that the market has pulled back?' A pullback is even better; it gives you the opportunity to get on board, right? You can thank Wang Yun after a month. Alright, that's all for today.#BTC走势分析 
