There's really not much to say about the holiday homework; it's just as expected. BTC continues to fluctuate at this position. Although tomorrow night is another working day, it's likely to be the same situation. However, this time the low liquidity phase hasn't shown any major disruptions, so hopefully we can get through this week steadily. Starting next week, as more institutions and investors return to work, liquidity will gradually begin to recover, and the market will start preparing for the rights transfer two weeks later.

Starting next week, there may be more information revealed, especially for those doing short-term high-leverage trading, so some caution is needed. Even now, my view remains that it’s possible to be bearish, but don’t easily short, especially with high leverage as it still carries risks. Who knows if next week a piece of information will change the price trend of #BTC and cryptocurrencies.

Looking back at the data, there’s not much to say. Despite such low trading volume, there is still a lot of turnover. However, today’s turnover isn't from early investors, but rather from current loss-making investors reducing their holdings, especially those who have been frequently trading in the last two days to catch the bottom.

From the support perspective, the support level has actually changed, as we've mentioned several times. However, since these are all short-term chips, it hasn't been updated yet. If this situation continues next week, support may very well be adjusted down to $92,000 to $98,000. For now, let's leave it as is. $BTC #币安MegadropSOLV #MicroStrategy增持BTC #币安Alpha公布第9批项目