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Bitcoin broke through 905 tonight, approaching 910. I think it's just a rally within a consolidation phase. The main trend in January will either be sideways or still downward.
Trump no longer has stimulus policies to encourage funds to flow into the crypto market; instead, in December, tax deductions were introduced.
Although the US stock market has fallen, and gold and silver have retraced, if the funds flow back into the crypto market, it won't be enough to push Bitcoin higher. Plus, the overall trend of the US stock market is bearish, and it will take about half a year to recover.
Although altcoins had a rally today, I see it as a brief flash of light. Usually, Doge leads the run, followed by meme coins. Many cryptocurrencies haven't broken out of a downtrend. With projects like Flow facing issues, we need to be even more cautious with altcoins in the future.
$BTC