PalBTC Market Annual Report - January 1, 2026 Annual chart 1. The collapse of the closing line, currently speaking, the closing line is definitely poor. This should be the first time that it has reached a new high and closed negative. 2. From the perspective of the k-line, 10W should be an important segmentation in the future, where it is an integer and also the eq of 25 years of K. At present, if we maintain a downward oscillation of 100000, coupled with the current bearish candlestick, it will definitely be biased downwards. The 25 low point of 75 becomes a potential plundering point. Because there is a large block of FVG below. As for the plundering of pins below, I haven't made any judgment. Let's talk about two positions, the dominant position should be above 6. Weak, encountering black swans or similar situations does not rule out the possibility of 49. 3. I still have confidence in the future of BTC, and 10-15-20 is my expectation. Monthly chart 1. From a monthly perspective, 25 is a rise fall rise new high oscillation insertion fall cycle. The current 25 year low is 745. In theory, 745 cannot fall below this level, as it belongs to the monthly MSB. The last monthly line level dropped from 29 to 15 in June 2022. Of course, it doesn't matter if the pin is retracted, and if it falls below that point, we need to wait and see. 2. If we have to talk about the bottom at the moment, personally I am looking around 67. 1) This is a range formed by the conversion of high point support resistance, similar to 15. 2) This is a trading volume intensive area, belonging to the upper edge of the bull market VWAP that started on the 15th, and belonging to the tail end of monthly clearing. Of course, this can only be an analysis and speculation at the current stage, and it is impossible to reach the lowest possible price. It can only be said that this is the price in my mind. 3. At present, the monthly chart has been bearish for 3 weeks, but in the past 12 months, it did not break the low point of 11. Against the backdrop of a pullback in the US stock market, we are still bearish this month and will first focus on testing the November low of 8. Of course, the important pressures above are still at positions 907, 94-95, and 10W. Weekly chart 1. It has been fluctuating here for 6 weeks now, there's nothing to say, just watch more and move less. There have been very few trades throughout December, and there really aren't many good opportunities. Moreover, the current fluctuations are completely different from the past, making it difficult to achieve. Actually, encryption is not easy to do, so look for something easy to do, such as gold, silver, and US stocks. There are still some good opportunities. There's no need to hang on this tree. 2. The oscillation range here has been mentioned before, with the current large oscillation range being 80-95 and the recent small range being 845-807. Now is the choice of waiting direction. I don't know how to get there after drawing several possible routes, so let's focus on the key positions. Below 845, 80, 78, 67 Above 907, 94-95, 10W The reactions of these positions are coordinated with quantity and price, fundamentals, and news, and then specific operations are carried out. 2025 is a year of comprehensive development for encryption, but we also see that innovation in the industry is actually sinking, and more projects are just cutting leeks, creating a vicious cycle. Among them, shanzhai is a typical example. It was not until the end of the year that everyone finally began to acknowledge the absence of shanzhai season. I have always said that this is a good thing. 99.9% of shanzhai is garbage, just like the initial Internet foam. It is the foam that squeezes out these garbage. It is the blockchain circle in the innovative application project of capital accumulation, which is the key to better development of encryption and the rise of currency prices that everyone cares about. So there is no need to be pessimistic about the current predicament and sluggishness. I believe everyone in the circle is thinking of lower prices to buy the bottom cake, rather than feeling cold. So, what we can do in 2026 is to learn, research, follow up, be patient, and believe! In 2026, strive to be diligent, update market analysis every day, share my opinions, and progress together with everyone to become richer Happy New Year