Recently, the market has indeed been oscillating, with BTC and ETH repeatedly testing key levels. From a technical perspective, caution is advised in the short term, and taking profits in batches is a good strategy.

From a macro perspective, the US November unadjusted CPI data released the day before yesterday was 2.7%, well below the market expectation of 3.1%. After this data was released, market expectations for the Federal Reserve to continue cutting interest rates clearly increased. The rate cut cycle usually provides support for risk assets, and as a high-risk asset class, cryptocurrencies are still worth paying attention to in this macro environment.

However, a reminder: even the best fundamentals require good risk management. The current strategy is to seize possible opportunities while setting proper take-profit and stop-loss levels, so as not to let short-term volatility disrupt the rhythm. Precisely timing the moves is more important than blindly chasing the market.