Pay close attention to the release of CPI data at 9:30 PM tonight, and the opening of the US stock market at 10:30 PM.

Let's see how the market sentiment is.

Currently, most cryptocurrencies have retraced to the imbalance range, a rapid drop followed by a strong rebound is a very healthy bullish signal.

But what truly determines whether the bull market can continue is the FOMC's statement on the balance sheet on December 19, whether to inject a large amount of liquidity into the market.

If there is a next wave, we will definitely see a significant inflow into ETH ETFs, which would signal the resurgence of altcoins.

During this period, pay attention to the patterns of various cryptocurrencies and the upcoming macroeconomic data to decide whether to replenish.