Noon Market Analysis: The market is currently still in a phase of consolidation and accumulation.

1. It is expected that the consolidation will continue for one to two weeks. With the arrival of January, Ethereum and altcoins are expected to surge, aiming for new highs.

2. Bitcoin and altcoins have experienced massive liquidations, and after clearing leverage, funding rates have returned to normal. Market risks have been released, and we are currently witnessing a gradual uplift in the bottom of the consolidation.

A retracement to the vicinity of the daily 20-day moving average will present a good buying opportunity.

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