Three views on the market

First, BTC should still test around the 100,000 level in the short term

With Banmu Xia's pessimistic outlook, the bearish sentiment has become somewhat excessive

In fact, there are no major negative factors in the market, and all expectations that should be released have already been priced in

Second, the trend line L3 in the chart remains very solid

BTC stabilized after touching this line and has been following it for over a month

Currently, the bullish and bearish energies are both weak, and the market is waiting for news triggers or an imbalance between volume and price on one side

Third, the Q1 of next year will only be a rebound and cannot replicate the 2024 trend

In the second half of next year, there is a chance to see Bitcoin starting with 7 or 6, which is also the only opportunity in recent years to get on board.