"Extreme pressure tactics are repeatedly staged, volatility does not equal a trend reversal, and disciplined trading windows remain."

"The crypto market is experiencing high-level volatility, facing macro pressures but still supported by capital flows, with structural opportunities embedded in short-term fluctuations."

Tactical Repair Emerges, Structural Confirmation Awaits Timing, Risk Management Demands Greater Attention in 2026.

"Market in repair, structure warming up, focus on key resistance levels and adaptive strategies."

"Unilateral trends will be hard to come by, with policies and crypto events taking turns to dominate; flexibility will become the core competitive advantage."

"Downside risks are marginally limited, but upside still needs catalysts, and a key window is approaching."

"After a high-level correction, the crypto market has entered a rebalancing phase, and the market is waiting for new momentum."

"The cycle has not disappeared, but has re-emerged in a more macro and structured way within an institutional context."

"With liquidity remaining tight and the market trend under pressure, it is entering a phase of high volatility and structural competition."

"With position rebalancing complete and new variables emerging, upside opportunities will stem more from tactical positioning than from trend reversals."

After a rapid decline in the early stages, the crypto market has seen a phase of recovery this week.

"Thanksgiving to Christmas is often a strong window for Bitcoin, but the current structural trend has not yet reversed, and the rebound is more likely to come from short covering rather than new capital inflows."

"Thanksgiving to Christmas is often a strong window for Bitcoin, but the current structural trend has not yet reversed, and the rebound is more likely to come from short covering rather than new capital inflows."

The crypto market has seen a significant correction over the past two weeks, driven by a combination of factors including macroeconomics, policy, regulation, and structural deleveraging within the industry.

“When sentiment hits rock bottom, it often creates a window for a rebound, but what truly determines the direction of the market is still ETF funds and changes in macroeconomic policies.”