Year-end Market Notes: BTC fluctuated within the 87500-88000 range, ETH moved sideways. Honestly, I've seen too many rebounds with such low volume. Around this time last year, the same pattern occurred, and the scene of many chasing longs at 89000-90000 before being crushed is still vivid in my memory.

The key point to observe is this: the daily chart is still below the healthy zone, which means that although there are signs of a rebound, the trend has not truly reversed. Many people are now itching to jump in and chase the rally, but my lesson learned is that this is the most dangerous time. A rebound without volume support is like a castle in the air.

Maintaining a downward trend on the weekly chart is very important; don’t be fooled by the rebounds on the 1-hour and 4-hour charts. The liquidity on the altcoin side is even worse, and the risk is greater—this is exactly the hunting ground that big players like. I agree with the approach of pausing when Alpha activity points requirements keep rising; such signs often indicate the project is entering a decline phase, no need to fight it hard.

My advice is to keep observing volume changes and avoid rashly entering during rebounds. Support and resistance levels are already given, but the most important thing is to wait for that real volume surge signal. The secret to long-term on-chain success is: don’t rush, don’t fear missing out.