Whether it's Bitcoin or Ethereum, trading volumes are decreasing.

The upcoming trend may be dominated by market sentiment due to insufficient liquidity.

We need to pay close attention to the Asian market; if the Asian market can stabilize, the price won't fluctuate too much.

However, if panic selling starts in the Asian market at this time, this Christmas may not be peaceful.

The market trend is expected to last until around January 6.

However, from the perspective of market sentiment, after Powell's hawkish speech, the fact that Bitcoin can still oscillate around $100,000 indicates that the market is gradually accepting the expectation that the Federal Reserve will only cut interest rates twice in 2025.

I think this is actually a good opportunity to accumulate Bitcoin because the market is currently in a consolidation phase.

Bitcoin has recovered half of its decline and is now stuck at the $100,000 mark. Once it breaks through, this round of correction may end.

Next, Bitcoin will continue to challenge new highs of $110,000 to $120,000. It is expected that after Trump takes office next year, Bitcoin could quickly rise to $200,000.

Every time Bitcoin has a significant correction, many people think it's the last chance to escape, but in reality, it might be the last chance to get on board. As the saying goes, "It's hard to buy a bull's turn with a thousand gold coins."

It is worth noting that the Russian Finance Minister stated that Russia is using Bitcoin in foreign trade.