This rebound came a bit late, but it is also my second opportunity to intervene during this period.

Ethereum at around 2910 and Bitcoin at 87,000 support levels have given us plenty of low-risk entry points. Although the gains are still short of the previously estimated targets, the long-term sideways movement has caused the moving averages to gradually shift downward, making this trend quite easy to interpret.

I tend to continue holding my positions, mainly because after a false breakout, there is a high probability of another round of bottom testing. The amplitude of these two waves is not small—Ethereum's swings are around 100 points each time, while Bitcoin fluctuates around 2,000 points. In the short term, the bulls still have room, but we need to watch out for a pullback.

That's it. Happy New Year, everyone.