It's time to reflect on the New Year's market. In previous years, I would remind everyone to watch out for the "painting gate" risk. Last year, a fan ignored the advice and chased the high on New Year's Day, only to be severely lessoned by the market. But this year's trend is interesting—continuous bullish candles directly breaking through, with the 2970-2990 range holding firmly, showing no signs of the intense volatility seen in previous years. This move truly reflects the market's effort.

On the surface, it looks easy, but there are many nuances hidden beneath. Why was it easier to see "painting gate" happen around New Year's before? The key factor is liquidity. At this time of year, market participation is usually low, and a small amount of funds can move the market. Major players take the opportunity to push prices higher to lure in more traders, then dump and harvest—this routine has been played for many years. This year is different; the market structure is changing. On one hand, as market maturity increases, regulatory frameworks are also improving, making naked dumping operations too risky. On the other hand, from a fundamental perspective, market sentiment at the beginning of this year is much more positive than last year. Institutional funds have been entering intensively around New Year's, continuously pushing prices higher, stabilizing the trend.

Considering these factors comprehensively, the 88600 level is particularly worth paying attention to for mainstream top-tier cryptocurrencies. This is not only a high-volume area from previous trading activity but also forms a critical support line. From candlestick patterns, there is clear technical significance here. How to operate specifically still depends on daily volume and market heat, which should be adjusted flexibly. But this range is indeed a relatively ideal entry opportunity at the moment.