Market Update

Bitcoin continues to trade within its established sideways range, currently sitting near the lower support zone around $97.5k. The key focus is on the 4-hour closes at this level—if this support holds, it may help avoid a further dip toward $96k.

As we near the weekly close, there is potential for increased volatility. This could be amplified as many market participants return to the office after the holiday season, which may lead to more active trading and possible price swings.