These past few days, has the big pancake made you feel drowsy? It’s been swinging between 93000 and 98000, like it’s taking deep breaths, preparing for a big move. But don’t rush, institutions generally have a positive outlook for the market next year, and I personally think this is an upward path. After all, after the rocket-like rise in the past two months, the market needs to catch its breath and stabilize! The market can change its face faster than flipping a book, so we need to remain calm.

So, how will the market move next? I’ll analyze it, but this is just my personal opinion and not investment advice. You can follow for daily updates like a morning report.

Specifically regarding $BTC , it’s currently like playing a game of “finding direction.” If there aren’t any bad news disruptions, it might just surge up one day. But at this time, don’t throw all your money in at once; small regular investments, take it slow, and keep a number in mind. Even if it drops another 15%, we still have bullets to add to our position!

Now looking at $BNB , it’s wandering in the 680 to 720 range, and today it's lazier than yesterday, possibly because the airdrop activity is halfway through, and some friends have cashed out after making a profit.

As for $ETH , it’s hovering between 3200 and 3700, also waiting for the wind to come. BTC being still doesn’t mean that ETH can’t do something on its own; after all, institutions have recently favored it and have increased their holdings significantly!

Some important news:

1. Since November 11, MicroStrategy has increased its holdings by approximately 192,042 bitcoins, while BlackRock has increased its holdings by about 118,795 bitcoins during the same period.

2. Michael Saylor has released Bitcoin Tracker information for the eighth consecutive week, possibly hinting at another increase in BTC holdings.

3. Tether CEO retweeted several posts stating that USDT would not be deemed illegal in Europe on December 30.

4. FTX will begin repaying $16 billion in cash, with claims processing starting on January 3, 2025. According to previous news, FTX announced that its court-approved Chapter 11 reorganization plan will take effect on January 3, 2025, with that date set for the first distribution record.

Now back to today’s daily BTC technical market analysis: From the K-line perspective, there’s a stop-loss rebound in the 1-hour chart, the 4-hour chart is in a downtrend, the 12-hour chart is down, and the daily chart is down, with an intra-day resistance level at 96500 and a support level at 91000 dollars.