Bitcoin has been a bit unpredictable again, bouncing back but not stabilizing, leading to a gradual decline. This trend is indeed frustrating to watch. However, mainstream assets are holding up decently, not disappointing us too much. But those altcoins, which had a bit of improvement, fell back down shortly after. It's truly nerve-wracking, especially for those who leveraged their investments; these ups and downs are too much for the heart to handle!
Now everyone is wondering, will the bull market return? Will the spot assets in hand become a burden? Don’t worry, let me analyze slowly. I think Bitcoin might fluctuate between $94,000 and $98,000 recently and might drop a bit more, but if it really falls to $90,000, it should stabilize.

In the market's volatility, Shiba Inu's price faces a delicate balance. SHIB hovers near key support levels, indicating a possible recovery or further decline.

In the past week, under a bearish trend, Shiba Inu's price has dropped significantly, as it is a popular meme-based cryptocurrency. Despite a slight market rebound, SHIB's price trend indicates it still has growth potential as it hovers near key support levels. Meanwhile, Bitcoin has dropped below $95,000, leading to a general decline in the cryptocurrency market and raising concerns about stability amid ongoing volatility.

Solana [SOL] has been one of the most oversold top altcoins, but some experts believe that its over 30% pullback could be a good buying opportunity.

Despite the recent market cooling, the Solana [SOL] blockchain still shows strong signs of network activity. The bears are the reason for suppressing the market excitement that emerged in November and early this month.
SOL's daily RSI (Relative Strength Index) has dropped to levels not seen since mid-2023. This is currently an ideal time to accumulate many altcoins in batches.
From Solana's recent activity surge, everything seems normal. As a backdrop, the network's TVL just hit a new high for 2024, reaching 55.37 million SOL. Due to SOL's price volatility, it is more accurate to measure TVL performance in SOL rather than in dollar value.

Earlier this week, Bitcoin fell from its historical high, continuing the downward trend on Friday and once approaching $95,000. Previously, Bitcoin had just set a new all-time high of over $108,000. The current round of declines in the cryptocurrency market has had a greater impact on altcoins such as Ethereum and Dogecoin. Moreover, the U.S. exchange-traded funds (ETFs) that directly invest in Bitcoin also ended a 15-day inflow streak this week, recording an outflow of $680 million, highlighting the shift in market sentiment.
Is the bull market over? When will the market reverse?
I want to say that the bull market is still on! The market has stopped falling! Bull markets often experience sharp declines; these are relatively common, and it is better not to act impulsively.

Right now, Bitcoin is hovering around 96,000, and on the 20th, there was a significant drop with particularly high trading volume! Next, it might fluctuate between 95,000 and 100,000. At this position, the risk is still a bit high, so it's not advisable to buy a lot right now.

If it really falls below 95,000, we can slowly buy more until it reaches 80,000. Of course, it would be best if it doesn't actually drop that badly! If Bitcoin rises above 100,000, then we can consider selling what we bought earlier!
Has the market stopped falling?
From the rebound after the sharp drop, it can be seen that stability has temporarily been achieved, but this is not a signal to buy the dip. This is largely related to PCE data, including institutional predictions that Ethereum's ETF staking may pass, as well as Trump increasing his ETH positions again. However, weekend trading is ultimately a game between retail investors, meaning that after significant drops, there will naturally be wave funds stepping in, but this intervention cannot last long. For instance, if BTC's ETF starts trading on Monday and there are outflows, then the market will still fall into a panic adjustment phase.

Floki [FLOKI] has recovered from the bearish trend, dropping 12.2% in the last 24 hours, with a trading price of $0.000166 at the time of writing. These gains reflect a broader market recovery, with the total cryptocurrency market cap slightly down by 3.8%, exceeding $3.32 trillion.

Despite the rise, FLOKI has still dropped 21% over the past week. The daily chart shows that while short-term momentum is bullish, the long-term trend remains bearish.
Analyzing FLOKI's double top pattern
Earlier this week, FLOKI confirmed a double top pattern after breaking below the neckline at $0.000207. However, this bearish trend has weakened after the recent rise.

The market is indeed brutal; on the 20th, Bitcoin dropped to 92,300, only for it to rebound to 99,570 on the 21st, fluctuating by nearly 8 points. Many people sold at the lowest point or faced liquidation, and when they saw the price rise, they jumped back in. This back-and-forth has left many with fewer coins, and those who suffered significant losses are still unwilling to give up and continue to prepare for the next battle. If lessons aren't learned, they will continue to be cut and liquidated.
So, what will the market do next? Is the bull market still on? Don’t rush, let’s take a look at the news and data from all sides, and review it together. This is just my personal opinion, so take it lightly and don't consider it as investment advice. The good news is that the Federal Reserve seems to have been largely digested by the market. Overall, there seems to be more good news. On Friday night, the US stock market stabilized, and Bitcoin is doing alright. After the fluctuations yesterday, we can see that the market does not show signs of a collapse and has stabilized.

Aave [AAVE] is the leading platform in the decentralized finance (DeFi) space, continuing to lead innovation with its strong ecosystem. With a total locked value (TVL) of $22 billion, it has become a cornerstone in the DeFi sector.

The platform's strategic initiatives, such as the launch of the GHO stablecoin and the integration of wrapped assets like WETH and WBTC, highlight its focus on liquidity diversification and adaptability to market demands.
At the time of publication, Aave's trading price stood at $297, down 12.1% in the past 24 hours. The price drop raises an important question: Can Aave rebound and maintain its leadership?

Bitcoin rebounded from around $92,000 yesterday, with the highest rebound being $7,000, and the rebound strength is still quite good. This should be the low point for the short term, and it is expected to test the $100,000 pressure again, where it may still struggle to stabilize, generally maintaining a range of oscillation between $94,000 and $100,000.

In summary, Bitcoin continues to be strong today, and mainstream coins are all recovering, with major funds flowing into Bitcoin. It is expected that only after Bitcoin breaks through $110,000 will market funds possibly flow into other mainstream coins and altcoins.
It is estimated that the market will consolidate and oscillate at this position over the weekend, and everyone can observe for a while. This is not a suitable time for aggressive operations, but if you find the price appropriate, buying some spot to hold is also a viable option, as it may still be a good choice in the long run.

Good weekend, everyone
Today's market recovery shows a clear bullish trend. After hitting a low of $92,000, Bitcoin has launched a strong rebound, approaching the level of $99,000.

Currently, Bitcoin seems to have stabilized a bit, with prices recovering to around 98,000. During the weekend, due to insufficient liquidity, the market is likely to consolidate around this level, and everyone can observe for a while. This isn’t a good time for aggressive trading, but if you think the price is right, it’s also acceptable to buy some spot and hold, as it may still be a good choice in the long run.

In the past 24 hours, altcoins have seen the largest declines, with LTC once dropping to $86.5. In fact, at the time of writing, the price of Litecoin has rebounded to $96, showing a slight increase of 4.72% over the last 24 hours.

Despite the recent drop in LTC prices, long-term holders of LTC remain optimistic and expect further increases.
78% of long-term Litecoin addresses remain bullish.
78% of Litecoin addresses have held LTC for over a year. These addresses have continuously accumulated during the bear market and sold near price peaks.

Although there has been an increase in long-term holders selling in previous cycles, this cycle is different.

Cardano price struggles in bearish trend, ADA shows weak momentum. Analysts highlight key support levels and potential risks

Cardano price has fallen below the $1 support level amid a general crash in the cryptocurrency market. This drop coincides with BTC’s fall below $100,000, indicating bearish market sentiment. ADA price now appears to be experiencing some correction, building on the bullish trend of the last month. Further declines are possible as market conditions weigh heavily on the cryptocurrency’s short-term prospects.
ADA outflows reach $164 million

After Powell released his hawkish stance early yesterday morning, rejecting Bitcoin's strategic reserve plan and stating that the rate cut next year would be more cautious, the cryptocurrency market continued to collapse today (20), continuing the market panic of the previous day. Investor confidence suffered a heavy blow and mainstream currencies fell across the board.

The price of Bitcoin should stop falling temporarily at 95, but the bottom of the shock is still uncertain. It is expected to fluctuate in the short term. The bull market is not over yet. However, there may be some risks in the next few days, but this may be the darkness before dawn. Everyone should stay calm and don't be confused by short-term fluctuations. The real opportunity may not appear until mid-to-late January.

After Powell released his hawkish stance early yesterday morning, rejecting Bitcoin's strategic reserve plan and stating that the rate cut next year would be more cautious, the cryptocurrency market continued to collapse today (20), continuing the market panic of the previous day. Investor confidence suffered a heavy blow and mainstream currencies fell across the board.
After Bitcoin failed to hold the $100,000 mark early this morning, it quickly fell back to around $97,000. Although it briefly rebounded to $98,000, it still could not withstand the selling pressure and fell below $96,000. As of the time of writing, the price has rebounded to the $97,000 level.

In times of being beaten down, remember that you cannot suffer for no reason. This is the time to reflect on the entire review experience of November. Did you reduce your holdings in time when you were profitable? Many doubled in November; did you withdraw your principal in time? Was your position control adequate? If your principal loss is severe, then you need to think carefully. So far, our maximum loss has been profit retracement, which is unavoidable. As long as you participate in the market, there will be fluctuations. The bottom line is not to be heavily trapped in your principal, so you have a chance to reverse.
In this round, most altcoins have only increased by 3-5 times. Ethereum has not yet broken its new high, and the bull market will not end so easily. Today, the Trump family is still increasing their holdings around 3500. Altcoins have not yet reached the myth of the last round of Shiba Inu. I firmly believe that this is not the peak of the bull market. It’s not easy to wait for three years. Remember not to trade contracts; the decline in the bull market is only a deleveraging action, just to lighten the load. The risks in the future have not yet been resolved, and I expect that the dawn will not arrive until after Christmas!