The current situation of Bitcoin is that, although it is not dropping sharply anymore, it has not completely stabilized and is still slowly sliding down. The good news is that people are not as panicked now, and there are fewer sellers. However, one still has to be cautious; if Bitcoin suddenly experiences a sharp drop, those altcoins might get hit hard as well. Of course, this is just my personal opinion, and in investing, you have to make your own decisions.

I estimate that Bitcoin might fluctuate between 94000 and 98000. It seems that people are not as afraid now; if Bitcoin really drops below 90000, that could be a good time to build positions. Generally speaking, a sharp drop in a bull market lasts about 7 to 11 days, and it seems the timing is about right now.

As for $BNB, it might be moving between 650 and 700. The rebound is quite strong, possibly related to Zhao's frequent posts on Twitter. Now a new Launchpool project has been announced; if they issue a loyalty airdrop reward during Christmas, BNB might just rise!

As for the second one, $ETH, it is also fluctuating between 3200 and 3500, similar to Bitcoin, and is still slowly sliding down. However, the possibility of a significant drop should be low now.

Returning to today’s daily $BTC market analysis, from the K-line perspective, the 1-hour level is about to decline, the 4-hour level is weak, the 12-hour level is down, and the daily level is down, with an intraday resistance level at 96500 and a support level at 91000 dollars.