The New Year's holiday just ended, and the crypto market has shown a completely different rhythm from previous years. In past years, during this period, investors were accustomed to volatility shocks after the holiday—tight liquidity, liquidity exhaustion, and sharp market fluctuations were routine. But this time, consecutive bullish candles appeared, and the 2970-2990 20-point fluctuation range did not become a trap for false breakout or false decline; instead, it became a stage for incremental funds to gradually position.

At first glance, the market over these three days has been uneventful, with prices oscillating within that narrow range. But the underlying logic is far from as simple as it seems on the surface. A careful review of recent capital flow data reveals that the net inflow of funds into mainstream cryptocurrencies has increased by 1.5 times compared to the same period last year—this growth is not negligible. More importantly, the nature of these inflowing funds has undergone a qualitative change: the proportion of long-term strategic funds has significantly increased, while the traces of short-term hot money have diminished. This change indicates that market sentiment is shifting from pure waiting to active and proactive positioning.

From an operational perspective, regarding trading opportunities in leading mainstream coins, technical analysis shows that around 88600 forms a relatively solid support zone. Multiple validation dimensions suggest that the risk-reward ratio at this level is relatively balanced. In the context of gentle capital inflows and a market sentiment turning positive, seeking entry opportunities near this level is a relatively cautious choice from a risk management standpoint. Of course, the specific trading rhythm still needs to be flexibly adjusted based on individual risk tolerance—this is not a recommendation, but an objective analysis based on data.