Market Short-Term Analysis

Structurally, $BTC is currently still oscillating within a range around 88,000, with overall volatility remaining at a relatively low level. This phase is more about chip redistribution and sentiment clearing rather than trend selection. Based on timing and structural completeness, it is still very likely to return above 92,000 before the end of the year.
The overall performance of altcoins shows strong resilience to declines, with limited downside space and still room for elasticity. This indicates that the market has not entered a systemic collapse but is digesting downward momentum through time and space. Once selling pressure is fully absorbed and volatility further contracts, a significant technical rebound of a higher level is likely. From this perspective, the current rebound is not accidental but an inevitable result of the market reaching this stage.
Summary: After entering a bear market, BTC has experienced a first wave of trend decline followed by a rebound, but this rebound is not a reversal. There should be another rebound around the Spring Festival. #内容挖矿焕新公测开启