Did you know? Tomorrow the Fed will announce the end of QT quantitative tightening. How will Bitcoin perform?

$ETH The market has a very dense stream of positive news from the end of November to the beginning of December, which supports the continuous rebound of Bitcoin and ETH. Moreover, next Monday, the Fed will completely stop the quantitative tightening that has lasted for 3 years, which is also one of the driving forces behind the recent rebound.
However, I personally remain cautious about whether there are small positives that have been fully realized, which is something to keep an eye on. However, the overall trend in the crypto market can maintain its strength before the interest rate cut on December 10, and in the short term, one can choose to buy on dips.
For example, the support for Ethereum is around 2930, while Bitcoin has a major support at 89,000 and a minor support at 90,000. We talked about this yesterday, and Bitcoin just happened to drop to 90,000 and then started to rebound. If you haven't acted yet, don't rush; let's see if it can come back in the next couple of days, and we might have another opportunity.
The above is a B-wave rebound over the 2-3 weeks triggered by the Fed's interest rate cut. I believe this is the last chance to escape the peak; the main theme of the bear market is still present. According to the Elliott Wave theory, the Bitcoin drop to 120,000 to 80,000 is only the A-wave decline. We are now in the B-wave rebound, which theoretically could rebound to 97,000 to 98,000. After that will be the C-wave decline, with a target of 50,000 to 60,000. This was analyzed by Shuqin in Friday's program.
Actually, old viewers all know that I started talking about this model back in September. The script is still being performed like this, and everyone can use it as a reference $BTC .
I believe that after the decline of wave C, it will be the best entry point, because bull market profits are all made from the declines of the bear market. At that time, you might see Sol at 80 or even 50 and ETH at 1500. After buying, just wait for the cyclical bull market to arrive, and it's not a big deal for the assets to multiply by 5-10 times~