🔥Is this really a bear market? Or is it a squat before the next wave of momentum?
Last week,
$BTC almost dropped below $80,000, causing panic across the network as people prepared to flee, but over the weekend it miraculously bounced back to 86,000, with
$ETH standing at 2,800, and the market changed face in an instant. It looks like a hemorrhage has been stopped, but veteran players know — weekend rebounds are usually not a blessing, but a warning, because Mondays and Tuesdays often see a further dip.
🚨 The biggest uncertainty this week is not the coin price, but the "potential absence of U.S. economic data."
The October CPI has not been released, and the core PCE still has cancellation risks on Wednesday, which means the market is walking in the dark, and investor sentiment is more sensitive. If the December FOMC meeting still cannot find direction, the fluctuations may be even greater. Furthermore, the U.S. Treasury TGA balance remains high, and overnight repurchase rates are not dropping, meaning funds are still stuck within the system — without liquidity returning, risk assets will struggle to rise.
But the most interesting thing is: the more panic in the market, the quieter the big money is in picking up goods.
Recent on-chain data shows that whales have accumulated over $240 million in ETH in November, with exchange inventory remaining at 15.6 million coins, setting a new 55-month low. This indicates that chips are being withdrawn, supply and demand are reversing, which is not the scene expected in a bear market. Although BTC has adjusted, there has been no complete surrender, no extreme panic, it rather resembles a healthy correction.
📍Short-term observation:
If BTC holds above 80,000 and stands back at 100,000, sentiment will warm up instantly.
If ETH holds at 2,630, there is a chance to challenge 3,000 and 3,200.
The end of December QT + U.S. year-end market = opportunity to catch a tailwind.
🎯 The approach is more important than the direction:
It's not about going all in when the price drops, but waiting for the trend to return before adding more. True big markets always come from confirmation, not luck.
So is the market really "a bear skin draped over a bull's body," or are we on the eve of the next big explosion?
📉 Do you think this is just a temporary rebound, preparing to break the bottom again?
📈 Or is December the last golden window for low buying?
👇Leave a comment about your positions, views, fears or greed, I want to hear what you think🔥
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