Waiting for the Lunar New Year red envelope rally Bitcoin has dropped back to 100,000 CNY again, and this level does have strong support. Similar to the 10,000 USD level for Bitcoin, there's a consensus around these key points. But for Bitcoin to rebound and break a new high, I think the probability is very low. November and December will likely see continuous low-level consolidation, shaking out more panic sellers. Then in January or February, there might be a weak rebound during the consolidation. Although BTC doesn’t have much of a trending opportunity, MEME coins will definitely have a Lunar New Year rally. Once the New Year rally is over, it’s time to hang up the "Do Not Disturb" sign. If you’re delivering food, keep delivering food. If you’re working construction, keep moving bricks. See you next summer.