The market in the past couple of days has been quite difficult for everyone.

From the highest point until now, Bitcoin has dropped by 10,000 points, all because of a single statement from Powell?

Of course not, it's just that the big players took the opportunity to shake out the weak hands.

In previous articles, Shisan mentioned that the Christmas period doesn't necessarily lead to a decline; everyone can refer to the original text. Shisan's conclusion is based on data analysis, not just empty talk.

As it stands, the Christmas market has indeed fallen; decline is part of investing, and we must learn to endure it.

However, at this point in the market, there's no need for excessive worry.

If I were the big player, I would also choose this opportunity to wash out most of the weak hands, taking advantage of Christmas and Powell's speech.

In the short term, the support level is at 92,000. Shisan opened an ant position between 92,000 and 95,000 for experimentation. If the market continues to go down, the next support level will be between 87,000 and 88,000.

Currently, the market is falling sharply, looking like it might break below 93,000; however, Shisan believes that during this Christmas, the market is more likely to oscillate between 93,000 and 99,000.

There shouldn't be too much extreme volatility.

But the possibility of downward fluctuations is somewhat greater, for instance now, so Shisan has opened an ant position to validate some investment theories.

Christmas is akin to our Spring Festival; the elites on Wall Street will take the opportunity to enjoy life during the holiday, buying cars and houses and increasing consumption, just like before the New Year when we like to have some cash on hand to play cards at home.

So, the market might remain sluggish for a few more days; everyone just needs to hang in there.

At the same time, be prepared for the market to dip into the 88,000 range.