On the news front: Currently, the market is focused on two main points. One is whether the U.S. Congress will pass Trump's "Bitcoin Reserve Strategy Act," and the other is the influence brought by Trump's official inauguration.

It is difficult to say whether this is good or bad at the moment, as the first point remains unclear with no progress, and the second point indicates that Trump will not officially take office for less than a month. Looking ahead, it is bound to be positive, and while it may not be negative in the short term, it has raised concerns in the market, especially after Bitcoin fell below the 100,000 mark.

From a technical perspective, as seen in Figures 1 to 3 (hourly, four-hour, daily charts), market corrections in a bull market and rebounds in a bear market are normal.

Since the daily chart broke below 100,000, it has tested the 92,000 level twice, with the trend still leaning bearish. The four-hour chart continues to move downward along a descending channel and has been suppressed by the BOLL middle band; unless it effectively stabilizes above the 96,000 level, there may not be an opportunity for a reversal. The hourly chart shows no continuity in price movements, and the upward resistance is quite evident, even if there is a rebound, it still provides a good opportunity to short.

Today's trend is similar to Monday's; both trading days began to rise around 3 o'clock close to the European market opening. Whether today's trend can continue remains to be seen, as U.S. stocks will close early due to the Christmas holiday, with the next two days having one day off each. It is uncertain what kind of fluctuations this variable will bring, but we still maintain a high-level thinking approach.

Upper resistance level: 95,000-95,500 range, support level around 93,000.

Short around 95,300, target near 93,000, Ethereum in sync.