$BTC This position does not look very good. If it wants to rise, it must break through the 100,000 position; otherwise, it will have to maintain a large range of fluctuations between 99,800 and 92,000.
The 2-hour chart shows signs of weakness. The first small support level downwards is at 96,400, followed by 92,000. The recent market conditions are stagnant, making it difficult to trade.
Most people are facing capital withdrawal or losses on their principal. The new year is approaching, and both retail and institutional investors are waiting to see Trump's performance after taking office. Before any large capital buy-in occurs, they are waiting for significant monetary easing or stimulating policies to be announced. At most, this will cause a rise in the market followed by a drop. It’s advisable to observe the market closely; if any stimulating policies come out, the market will react immediately, with an increase in both spot and contract positions, especially institutional buying. Be patient and avoid reckless trading that could deplete your funds.