Organize the operational ideas of Bitcoin. From late November, the overall trend is basically to first look for a rally, then confirm the bottoming out, the wave in early December is a pullback for absorption, followed by indications of a new high and then a pullback—the entire rhythm is actually quite clear.

The current issue is that, starting from the point of 80,600, more than three weeks have passed, and many people have missed this wave of market movement. Don't worry, there will be opportunities ahead.

From the chart, BTC is currently adjusting the price range from 80,600 to 94,589. This round of adjustment is likely to conclude by the week of mid-December, and there will still be room for upward movement afterward. In terms of price, 97,000 to 98,000 is basically pressure-free, and breaking 100,000 is not a pipe dream.

The key point to watch is whether this support level can be effectively broken. The longer the price stays above the support, the more it indicates that this is a sideways consolidation rather than a true correction. Moving sideways actually means the market has strong confidence, and the potential for future growth is even greater, making it less easy to find a good entry point.

The situation with ETH is similar, still oscillating within the adjustment range, with not much volatility, so I won't elaborate separately.

Happy weekend to everyone.