Market Dynamics 12.20:
The boots of Japan's rate hike have landed, and now it's just a matter of watching how the show unfolds. It can only be said that all expectations have been priced in early; the rest depends on whether this rebound can break through 91,000.
1. The BTC sideways market seems to have ended, at least yesterday's gains haven't fully retraced. Traders are also starting to show buy orders. Let's see if we can see some movement over the weekend.
2. ETH's rebound is decent. Basically, it feels like retail investors no longer dare to shout, with everyone talking about whales and i

Recent movements are mostly shakeouts, with bulls and bears frequently tugging, showing no clear dominance. Although there was a strong decline last Friday and yesterday, the direction remains uncertain. The price dropped to 87,000, encountered resistance, and rebounded. Since falling to around 80,000 on the 20th of last month, it has been gradually oscillating and rebounding, forming a flag pattern correction zone. This is a continuation pattern in a downtrend, and the overall long-term outlook remains pessimistic.
In the short term, the market is moving within a correction channel. Yesterday

As scheduled, the $200 million long position of 89,000 was completely wiped out in liquidation. Currently, the liquidation concentration is all above. If it drops to 83,000, there will be a total of $1.1 billion in short positions liquidated. If it rises to 98,000, there will be $3.2 billion in short positions liquidated. If it reaches 120,000, there will be $8 billion in short positions liquidated. The overall trend remains bullish; the short-term is just a retracement. The oscillation range is not a pattern! Manage risks! Strategies also have a time limit! If there is space, just go with the