1. Market Overview
Santa rally did not materialize and the holiday season delivered dull price action—likely unpopular but undeniably necessary. Bitcoin’s daily RSI has returned to levels last seen when $BTC was trading around $60k, open interest has been completely reset and funding has on some exchanges turned negative. This scenario often precedes a strong push to the upside. If history repeats itself, the next 3–4 months could see a parabolic rally, with Ethereum and other altcoins taking center stage👀
As shown below, Ethereum (and altcoins) tend to rally in the first quarter following a halving year👇