#香港稳定币监管框架 The Fed is about to officially announce the halt of quantitative tightening (QT), and this news has formed support for market sentiment from late November to early December. The recent rebound of BTC and ETH is largely due to traders pricing in this expectation early.

However, it is important to note that after favorable news is realized, it is often accompanied by short-term pullback risks. From a timing perspective, before the Fed meeting on December 10th, the overall market atmosphere is optimistic, and short-term strategies can focus on opportunities to accumulate on dips. From a technical perspective, ETH has strong support at $2930, while BTC constitutes major support at $89000, and around $90000 is a key position for recent small levels—yesterday there was a rebound just near $90000; if you missed it, you can wait for a pullback before considering an entry.

From the perspective of wave theory, this rebound looks more like a B-wave corrective market lasting 2-3 weeks. If $128,000 is the top of the A-wave, the current target range for the B-wave rebound may fall between $97,000 and $98,000. After that, if a C-wave decline occurs, it would theoretically test lower areas, such as the range of $50,000 to $60,000.

This framework has been tracking since September, and the current trend is basically in line with expectations. If the C wave really arrives and completes the bottoming out, we might see SOL drop back to $80 and ETH return to the $1500 level—this level of pullback is actually a rare allocation window for long-term investors, and a 5-10x increase in a bull market cycle is not a dream.

The market always swings between fear and greed, the key is to find your own rhythm.