$BTC $ETH

Next, I am bearish on the market.

First, the market has already digested the expectations of the Federal Reserve's interest rate cuts; BTC has risen to above 108,000, and ETH has also reached a high. However, the hawkish expectations from the Federal Reserve last night are not so easily digested.

Second, the Christmas market is approaching. Logically, Christmas is a time when a large amount of profit-taking occurs, so the market itself is biased towards bearish.

Third, currently, in order to make a strong upward move, there has to be another pullback. It would be better to take advantage of these two events to sell off and facilitate a deep pullback.

Considering these three reasons comprehensively, I am currently leaning towards being bearish on the entire market.