From a macro perspective

Now is not the time to start a big bull run; the timing is simply not right

It has only been 5 days since the crash on the 20th, we have completed a big rebound, then a secondary drop, and now we are rebounding again, the candlestick patterns are very standard

However, the adjustment time here is still not enough, and the funds absorbed by the big players and institutions are far from sufficient. We must give the big funds time to lay low

Additionally, it is still Christmas time, Americans are on holiday, institutions are on holiday, they need to pay salaries and withdraw for consumption, so where will the funds come from? It’s impossible to choose this time to pump the market,

I mentioned in my previous livestream that Powell's hawkish speech on the 19th is likely to be a turning point, if there is a drop beforehand, then there won’t be a significant drop around Christmas,

If there is an early drop, then it will enter a stage of fluctuating and absorbing funds ahead of time,

But the real starting point will definitely be in January. The earliest activation will have to wait until the foreigners return to work and the institutions start operating, at that time,

The overall market will start to fluctuate and form a triangular upward trend,

Step by step, breaking through one resistance level after another,

Leading to the arrival of the entire altcoin season.