Three takes on the market: 1. BTC is likely to make another run toward the $100k level in the short term. The recent wave of bearish sentiment, sparked by Banmu Xia’s negative outlook, feels a bit overdone. There’s no major FUD in the market right now—whatever was supposed to be priced in has already been digested. 2. The L3 trendline on the chart remains rock-solid. BTC found support right at that line and has been hugging it for over a month now. Both bulls and bears seem low on firepower at the moment—everyone’s just waiting for some news catalyst or a sudden imbalance in volume and price action. 3. Q1 next year is likely just a relief rally, not a repeat of 2024’s epic move. The real opportunity might come in the second half of next year, when we could see BTC with a 7 or even 6 handle. That could be the only golden entry for the next couple of years.