If 80600 is the base, then the rebound of Bitcoin since 80600 is a leading wedge, which is part of the overall big wave B. After the pullback, there will be another surge, with strong resistance around 100,000.

A simple summary of the analysis from the morning:
The interest rate cut of 25 basis points in December meets market expectations, while confirming that there will be no rate hike next year. The dot plot predicts another cut in 2026 and 2027, but due to the change in the Fed chair, this number, while not meeting expectations, still holds some suspense. Powell believes that the employment data is overstated, so the non-farm data released next Tuesday will be an important reference.

Regarding the subsequent market trends, the following views are held:

1. If 80600 is not the bottom.
BTC's rebound from 80600 is oscillating within a rising wedge, currently rebounding to around 94500, which aligns with the target for the 4th wave rebound. If the rising wedge breaks, it may create new lows, forming an overall 5-wave downward structure.