$BTC once again approaches the previously hard support zone. However, this time seems to be much more dangerous as BTC only bounced back to the 99k zone before reversing.

If tomorrow morning (7 am GMT +7) the daily candle closes red with full force, this will be a quite bad signal for BTC and support the breakdown of this support.

However, as previously stated, this is a scenario that I am very excited about because the lighter the boat, the further the coin can fly.

Another reason I am increasingly confident that an uptrend wave will occur is that the Funding Rate on almost all coins has shifted from hot to cold or neutral. This means that the number of long positions currently is less than the short positions.

With the liquidation and significant reduction of many long positions during this period, exchanges will pocket quite a bit of money. This will also significantly reduce selling pressure and profit-taking when prices rise.

So I still maintain a strong belief during this period that next year will see an uptrend. Those of you who trust the analysis as well as the coins I called probably can't be too negative during this period, and even might be positive, so the sentiment should still be okay. Let's go, guys, next year is 100% ours!