BTC was a bit sluggish over the weekend, but it's stabilized now. Each time it tests the downside, it rebounds at around 87,765, which is near the Fibonacci 0.618 level. This support has been validated, so the price has a floor.

However, the recent correction has pushed the price back below the daily 21 moving average. Want to kick off a decent rebound? First, it needs to climb back to 91,800, which is the 21-day moving average. If it can hold above that, then 98,000 or even $100,000 is possible.

By the way, Christmas is coming up, and some expected events are about to materialize.

Similar situation with ETH—it quickly bounced after holding around 2,920. It lost the daily 21 moving average before, but now it's fighting to reclaim it, and at the same time challenging the downtrend line since May 10. If it can break through, there could be significant upside.

Recently, on-chain whales have been very active, aggressively adding to their positions. It feels like these whales know some inside information. Could there be substantial progress on the staking ETF? Worth keeping an eye on.

On the macro side, there’s no unified bearish factor at the moment, so it’s time for the bullish expectations to be realized. That’s why I’m optimistic about a rebound, but whether it’s a real reversal still needs to be observed—despite Wall Street calling for new highs every day, let’s stay rational.

As for altcoins, if the majors keep pumping, quality tokens will definitely follow with strong rebounds. Projects like HYPE should be a top focus.

There are a few key dates in December: December 11th is the Fed meeting, and a rate cut is pretty much priced in, so this is important...