10x Research: Expect a good start to the year, followed by a slight decline before the release of CPI data on January 15

Odaily Odaily 10x Research pointed out in its market analysis that while some initial enthusiasm is expected at the beginning of the new year, it is not yet time to experience the kind of bullish sentiment that occurred in late January to March or late September to mid-December 2024. The year is expected to start well, followed by a slight pullback before the release of CPI data on January 15. Favorable inflation data could reignite optimism and drive a rebound before Trump's inauguration on January 20. However, the momentum may weaken and the market may pull back before the FOMC meeting on January 29. From January 2024 to mid-November, Bitcoin's dominance rose from 50% to 60%, creating significant resistance to the performance of Altcoin. Although the dominance indicator briefly fell to 53% in three weeks (sparking hopes for an Altcoin season), it quickly rebounded to nearly 58% and then stabilized at around 55%. This consolidation highlights Bitcoin's enduring dominance as the main driver of the crypto market, while also signaling that Altcoin may face challenges unless the Bitcoin dominance indicator falls again.