With Trump settled, the market has surged straight up to new highs, and this is just the beginning. The market is too strong right now, with basically no pullbacks, and in the short term, it will be in the 74000-77500 range. Ethereum has also strengthened, in the 2630-2850 range.

Those who were shorting based on the data have essentially become fuel for the bulls. The liquidation map shows that the high-leverage longs are too dense, and there are not many shorts left, indicating the overall situation. Currently, high-leverage longs have accumulated to 1.777 billion dollars, while high-leverage shorts are only 317 million dollars.

It is important to note that there are not many high-leverage shorts left, and it is possible that they will first liquidate the short positions, then turn around and attack the bulls. If the market pulls back, it would be a good opportunity to build or increase positions. If you are trading contracts, buying on dips is much more likely than shorting.

Given the current situation of the market and altcoins, a super bull run is about to start. Previously, the market had momentum, but altcoins had not yet reached their time. Now it seems that the altcoin market is also approaching. For those holding mainstream altcoins and facing significant unrealized losses, don't forget to add to your positions when the market pulls back. Let's see by the time of the New Year; there might be a surprise.