Sit tight and hold steady, get ready for the New Year rally! The market has been quiet for two months, but there's finally hope for a turnaround. Looking at predictions from most Wall Street institutions, the Fed is unlikely to cut rates in January and will probably maintain the status quo. With February being a rate decision gap month, the chances of a rate cut in March are higher. Overall, the macro-level positive expectations outweigh the negative ones. Based on past rally logic, market fluctuations tend to occur before the positive news is confirmed—so likely before the March rate cut. I made a big-picture K-line analysis chart for reference. Since the start of the last bull-bear cycle, the black line in the chart has consistently served as the support line for bulls and bears. I call it the "lifeline." The only time it was broken in the past five years was during the big bear market in 2022. From the October pullback until now, the market has stabilized around this line. My conclusion remains unchanged: the short-term bottom is in, and Q1 next year is still worth looking forward to, especially during the New Year period. These past two months have been filled with so much noise from the market. Staying firm hasn’t been easy. If you’re sticking it out with me, give this post a like!