Will the imitation season come?

Good afternoon everyone, I would like to share my current perspective.

Currently, altcoins are no longer following the downturn; they cannot drop any further. This situation is the best, as the ETH/BTC exchange rate is rising, and the overall market is experiencing a rally. It is expected that after the holidays in the U.S. this month, the main players will return, and funds will flow back into altcoins. It is anticipated that a wave of recovery will occur in January, with funds also entering the crypto market along with the excitement surrounding Trump, leading to a promising market. The Ethereum upgrade in March will help accelerate the rise of altcoins, so it is important to seize the opportunity in the next 2-3 months of next year.

Looking at the BTC liquidation chart, there is still potential to liquidate many long positions up to $90,000. It is estimated that there will be one more dip before the overall rally, so please be cautious of risks, especially for those with high leverage. If there is a rebound near $95,000, it would be wise to reduce positions and free up some capital for risk control.