BTC Mid-term Market Analysis
BTC's recent rebound from around 80,000 was hindered by various reasons when attempting to reach 98,000, and it fell back to around 85,000. Last night, it rebounded again to around 90,000.
However, looking at the 1d and 4h trading volume, recent trading activity has not shown a significant increase. Additionally, the ahR999 and the Fear Index are quite low in the 80,000-85,000 range.
In every Bitcoin bear market, or more broadly, in most risk asset bear markets, the decline is rarely smooth sailing. Periodic rebounds are inevitable. Whether consolidating around 85,

#非农数据超预期 Mixed Non-Farm Payrolls: November Unemployment Rate Hits Four-Year High, Fed Rate Cut Expectations Rise
U.S. November non-farm payroll data showed divergence, with seasonally adjusted non-farm employment increasing by 64,000, surpassing expectations of 50,000. The unemployment rate rose to 4.6%, the highest since September 2021. The annual and monthly growth rates of average hourly wages were 3.5% and 0.1%, respectively, both below expectations.
In October, non-farm employment dropped by 105,000 month-on-month, far exceeding the expected decline, mainly due to over 150,000 federal emp

Next Week's Major Events Preview — Super Bank Week
I. Key Macro Calendar Dates
December 16 (Tuesday) 21:30
📌 US November Non-Farm Payrolls Data
→ Influences Fed rate cut expectations and USD liquidity assessment
December 17 (Wednesday) 22:05
📌 Federal Reserve Officials' Speech
→ Market focuses on whether policy stance is hawkish or dovish
December 18 (Thursday)
📌 US November CPI Data
→ Determines whether inflation slowdown is sustainable; a core variable for interest rate expectations
December 19 (Friday)
📌 Bank of Japan Monetary Policy Meeting (Major Event)
II. Super Central Bank Week Ove

Delphi: The key price level for BTC reversal at the end of the year has appeared
Delphi Digital analyst Jason gave a relatively optimistic assessment today:
Bitcoin is trying to regain stability within the 90,000–110,000 USD range.
He indicated that if BTC can hold steady and break through this range before the end of the year,
a sustained rebound could start at any time.
In other words:
90,000–110,000 is the "bull defense zone"
Once stabilized, a sentiment reversal may be seen by the end of the year
Currently, market sentiment is cautious, but structural funds are still flowing in.
The key no