The current market for BTC is a bit stuck, and it hasn't broken through the $90,000 threshold yet. Fortunately, there hasn't been a significant plunge. Based on the current situation, traders' sentiment remains relatively stable. During periods of low liquidity, the main concern is unexpected moves, so steady progress is the best outcome. We'll just wait until after the New Year to see how things develop.

Starting from Bitcoin's trading data, as Christmas approaches, both turnover rate and trading volume are showing a downward trend. This is actually a normal market reaction, especially the decline in turnover rate which is beneficial for BTC price stability. From the perspective of who is shifting chips, short-term funds are still the main players. Most early investors are in a wait-and-see mode, and don't seem eager to sell.

The chip distribution looks pretty good. At the current pace, in about a month, the fifth support level will need to be adjusted. There's nothing new to say on other topics. Wishing everyone a happy holiday.