Time flies, 2025 is coming right at us. I sincerely wish everyone a Happy New Year! May we achieve all our wishes and walk smoothly in the new year! Do not fear the bumps on the road ahead, but fear an unsteady heart; may we step by step pursue each goal with unwavering courage!

Yesterday, Bitcoin closed the year with a total increase of 121, making it one of the brightest stars globally. Recently, the market pulled back nearly 20% after hitting the 108,000 mark, and both bulls and bears have been tugging back and forth around 92,000. As long as the upper and lower ranges remain intact, no major direction will emerge.

With the Lunar New Year approaching, looking back at 2024, Bitcoin has been on a steady rise from 38,000 to now at this time node. Pay attention to the method of time-space conversion; the upper resistance is at 96,200 and 95,000, while the lower support is at 92,300 and 91,600. There are no risk events this week, so focus on next week's non-farm payroll week, maintaining a bearish stance during the day.

Short at 94,500, increase short position at 95,000, stop loss at 95,600, target 93,000-92,300.