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📈 Short-Term Crypto Market Analysis: Rebound in a Downtrend
Currently, BTC is still fluctuating around the 88,000 level in a sideways accumulation phase, with relatively low volatility and amplitude. This period is more about redistributing capital and psychological cleansing rather than choosing a new trend. From a technical structure and timing perspective, the possibility of BTC returning to above 92,000 before Tet remains a high-probability scenario.
Meanwhile, altcoins are showing quite good resilience. Although the market has not yet shown significant improvement, many coins are no longer experiencing deep declines like in the early correction wave. This indicates that the market has not collapsed but is gradually absorbing selling pressure through a process of accumulation over time. When the weak supply is sufficiently absorbed and volatility continues to narrow, a strong technical rebound could occur.
However, it is important to distinguish: this is a rebound within a medium-term downtrend, not a trend reversal. After the initial decline of the bear market, a bounce-back is a cyclical event. The pre-Tet period may still see one more rebound wave, but the strategy should focus on risk management rather than expecting the market to have formed a long-term bottom.