#ChristmasMarketAnalysis

Bitcoin futures remain range-bound as we head into the holiday season, trading between $92,000 (support) and $98,000 (resistance). While the crypto community often speculates about a "Santa rally," recent developments in broader financial markets suggest caution. The pullback in the stock market, which began after the FOMC meeting on December 19, could weigh on sentiment in the crypto market, lowering the chances of a holiday rally.

Last year, similar hopes for a year-end surge ended in disappointment, with Bitcoin futures posting a 1.7% decline during the Christmas week. This historical context, combined with the latest market turbulence, underscores the importance of monitoring key levels as guidance, especially during this uncertain trading period