As the end of the year approaches, in the blink of an eye, 2025 is just around the corner. Over the weekend, the overall fluctuations in the Bitcoin market have been limited, with movements of one to two thousand points, and there is no trend. Since the last daily level breakthrough was hindered at the mid-track, signs of withdrawal have begun, with a low of around 93000, which seems to be holding. However, the opening of the lower track has increased momentum further. Currently, looking at a rebound that is quite high doesn't show promise; the key is following the weakening momentum.
From the overall structure, the four-hour chart has gradually shown a downtrend, with minor upward movements accompanied by large downward movements. The three lines are opening downward, with small fluctuations but sufficient momentum, brewing significant movements. Currently, the market has touched the lower track resistance in the short term, with slight rebounds in the short cycle. We can look at the mid-track to see the second downward probe.
Bitcoin is hovering around 94100-94500 for short positions, looking towards 91000.
Ethereum is hovering around 3440-3450 for short positions, looking towards 3100.
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