Since entering December, BTC has not been able to sustain operations below the middle track; each time it has only faked a breakdown, followed by several consecutive bullish candles rising back above the middle track. This indicates that the demand in the market is still strong, but people are reluctant to buy at high levels. Looking back at this market, it feels like there is again that accumulation of chips through fluctuations.
Fluctuation is a necessary condition for brewing trends; currently, the duration is still not enough, especially since several seemingly scary pullbacks have not broken below the lower track.
Subjectively, I still hope for a continuous rise, but the current vehicle is a bit heavy, and there isn't much room for an upward breakout at the moment. Therefore, the possible expected trend moving forward is to go down again to clear out the hesitant participants, followed by a wave of buying frenzy without looking back.