This morning's session seems to be somewhat correct.

This week will be a week that shows a strong continuing downtrend.
The trend is forming clearly, so the beginning of the week will likely see a quick test again. Because last week most top coins did not break the uptrend, they also pierced through the support from last week to test unsuccessfully. Therefore, I do not think that there will be a prolonged testing at the beginning of the week like before.

Based on the data $BTC test trendline around 93-94k for 3-4 times is not enough strength to break through. Most top coins have broken the short-term uptrend like $XLM , as $HBAR have pierced the weekly support and tested unsuccessfully. For altcoins, the past half month has seen them testing monthly support that has been pierced or testing the nearest monthly resistance in a flash.

Personally, I believe that the second half of December will see a strong price drop. And this strong price drop will be continuous, so there is a very high possibility that the weekly candles will be consecutively bearish, with the upper wicks testing the area at the beginning of the week happening briefly. Because currently, most have tested the hard resistance of the weekly or monthly frame already. Therefore, after falling down, the weekly frame mostly testing will only be weak support resistances left, without needing wicks and prolonged testing time. The strong downtrend will slow down when it hits the hard monthly support below.

Conclusion: during this time I will only short and short top coins. Because in a downtrend, only shorting can make a profit. Although I will only short x1, which is very safe, but if the exchange manipulates the altcoin prices to create a wick x2, I will still get burned as usual. Therefore, I will limit my exposure because low-cap altcoins, the exchange can easily pump and create wicks to burn my short positions.
Let's review at the end of the month to see how accurate it is. 🤔🤔🤔