12.25

Yesterday, the BTC spot ETF saw another outflow of over 3,000 Bitcoins, with nearly 1,800 BTC flowing out from BlackRock's investors. It indicates that traditional investors' interest in cryptocurrencies is gradually decreasing.
Although Bitcoin has not yet surged to $90,000, there has been no significant decline. For now, investor sentiment remains relatively stable, which is very important during periods of low liquidity. As Christmas approaches, both turnover rate and trading volume are declining, which is also very normal.

BTC
Bitcoin continues to trade sideways at the moment, with no major changes. The overall outlook remains unchanged. On the daily chart, it is gradually oscillating to the right. As long as it does not break the key level of 84,700, I believe there is still a chance. The market will be closed during the Christmas holiday in the next few days, so liquidity will be relatively weak. Therefore, the main trend in the next couple of days is likely to be consolidation. The current trading range is between 84,700 and 90,000, with support at 86,700-84,700 and resistance at 90,000-91,900.

ETH
Ethereum is currently oscillating around this range, with the amplitude gradually decreasing. Pay attention to the upcoming turning point, which is likely to occur around New Year’s Day. In the short term, it will also mainly fluctuate, with support at 2,915-2,815 and resistance at 2,980-3,048.