I am optimistic about the market rebound in January. I have already entered the spot market and am also preparing to position in futures contracts.

Recently, the market has been falling sharply, but a closer look at the order book reveals interesting details—there are particularly dense orders below the two major support levels at 80,000 and 2,800. Even with heavy selling pressure, these levels haven't been truly broken, indicating that the buying support below is quite strong.

From the performance of major asset classes, both precious metals and US stocks have been rising recently, reflecting that market liquidity is actually quite ample. However, these funds are currently concentrated in traditional assets, while the crypto sector's valuation is being suppressed. Under the premise that macro fundamentals are sound, this liquidity will eventually rotate into the next hot sector—and cryptocurrencies are very likely to be the next destination.

On-chain data provides us with critical information: large institutions and whales are continuously building positions at this price range, while retail investors' spot holdings have long been emptied. This change in the chip structure often signals that the market is about to make a big move. Additionally, the concentration of holdings in BTC and ETH is quite high, so once a trigger point is hit, volatility could be quite intense.

Based on these observations, I remain quite optimistic about the market in January.