The method in January is roughly the same as in December:

First, there is speculation without interest rate cuts to wash out positions, then interest rates are cut and it explodes downward!

The essential difference between this year's big coin and previous big coins lies in the deep participation of large institutions and ETFs~ However, brothers need to understand that altcoins do not have these BUFFs, so they present the current state where the big coin seems to still be at a high level, while altcoins have long been in the deep sea! The market is changing, and our mindset must also change; do not be obsessed with the big coin at 30,000-40,000, because you won’t reach it... But also do not be deceived by the high big coin, as altcoins have already entered a deep bear market!

However, one thing can be certain: the long-term structure will be astonishingly similar. Note that when I say structure, I mean at the weekly level... Currently, the weekly level is in the first rebound cycle; once the rebound ends, it will quickly enter the next downward cycle, roughly at the position of the previous bull market top of 65000-68000, which will start to form a bottom again! That position is very likely to be the bottom of this round of the big coin, though we cannot rule out a spike down to around 55000.

PS Summary: This round is in the mid-stage of a downward rebound, and the current rebound is likely not yet complete; I see it around 97000... After that, it will enter the second stage of a deep decline.