Last night, the 892 short position was perfectly closed around 878, accurately timing the market rhythm.



Currently, at the end of the year, the market remains dominated by the keywords "calm" and "accumulation." Although the Federal Reserve minutes released early this morning did not break the stalemate, on-chain data shows some interesting signs—within 24 hours, CEX net outflows exceeded 3400 BTC, indicating that holders are withdrawing short-term liquidity from the market under a "year-end mentality."

**Specific Trading Arrangements**

$BTC Today, consider shorting in the 89800-90500 range, with the first target at 88500. If this level is effectively broken downward, look further towards the 87800-87200 range.

$ETH Continue to watch for short opportunities around 3030-3050, with the primary target at 2960. Once this level is broken, continue to look down to 2930-2890.

**Technical Analysis**

Bitcoin's daily chart shows a small bullish candle with a slightly longer upper shadow, and the Bollinger Bands are narrowing—upper and middle bands are pressing down, while the lower band is rising. MACD momentum is weakening. This reflects a standoff between bulls and bears within an extremely narrow range, currently in the final stage of building momentum before a direction is chosen.

On the 4-hour chart, the Bollinger Bands are opening upward, but after touching the upper band, the price quickly retreated, indicating that short-term rebound momentum is rapidly exhausting at key resistance levels. The overall pattern still favors a high-level short strategy.

**Market Outlook**

In the relatively thin liquidity environment at year-end, the market lacks catalysts to break the current balance. The strategy remains to focus on high positions, patiently waiting for the price to rebound to key resistance areas before deploying, while closely monitoring the resilience of support levels below.

Until the trend clearly breaks, patience and avoiding chasing highs or selling lows is the best approach to handle the current situation.
BTC-0,74%
ETH0,04%
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ColdWalletGuardianvip
· 8h ago
892 to 878 in one smooth move, this move is indeed fierce. The liquidity at the end of the year is really weak, waiting for a breakdown.
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AllTalkLongTradervip
· 8h ago
892 to 878, this move is very solid, and this is how you should harvest wool at the end of the year
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ChainMemeDealervip
· 8h ago
The 892 order has taken profit, envy. I'm still trapped.
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NFTArchaeologisvip
· 8h ago
This wave of liquidity exhaustion at the end of the year is very much like the off-season of the antiques market—true collectors are actually observing at this time. The net outflow of 3400 BTC is, in a sense, a "pause in archaeology" for the market, waiting to restart the excavation after the Spring Festival.
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MEVHuntervip
· 8h ago
ngl the 3400 btc exodus screams weak hands abandoning ship before year-end... textbook liquidity drain setup for a nasty cascade down to 87k if we break through properly
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NotSatoshivip
· 8h ago
That wave yesterday was really well-controlled, impressive. The end-of-year pace is indeed hard to handle; once liquidity spreads out, everything becomes much easier to manage.
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