#数字货币市场回升 **The Fed will officially stop tapering tomorrow, and this rebound may be a swing trading exit window**

Tomorrow the Fed will announce news of stopping QT. There have indeed been a lot of positive news during this period at the end of November, and the recent rebound to a large extent is a pre-reaction to this expectation.

But there is a risk point to note: After favorable news is released, it often tends to pull back. Before the interest rate cut decision on December 10, the overall market sentiment was relatively stable, and short-term strategies can participate on dips. Specifically, $BTC has support at the 2930 position, with major support for $ETH at 89,000, and 90,000 is a minor support (there was just a rebound near 90,000 yesterday, so those who haven't entered can wait for a pullback to discuss further).

From the wave structure perspective, this rebound looks more like a 2-3 week B wave correction driven by the interest rate cut cycle — it may also be the last opportunity to reduce positions before the main decline in a bear market. According to Elliott Wave theory: $ETH has come down from 128,000, which is the A wave; now the target for the B wave is approximately in the range of 97,000 to 98,000, and if the C wave unfolds, it may hit the 50,000 to 60,000 area.

This framework was mentioned in September, and the current trend basically matches. If the C wave really drops down, then it would actually be a better allocation opportunity—by then $BTC might return to $80, and $BTC could return to around $1500. Holding on to it and waiting for the next cycle to multiply several times is not an exaggeration.

Many people in the market are still chasing this rebound, but real traders should look further ahead.