12.29 Silk Road Analysis:

The Christmas holiday season has come to an end. Last week's market enthusiasm remained high in the second half, but cautious sentiment has grown even stronger. On Friday, Bitcoin's price experienced wide fluctuations, rising to around 89,530 before quickly falling back, with a low near 86,600. This precisely hit the short entry point suggested in the evening article by Xiao Zhuge, making it a textbook-level decline.

From the current market situation, the morning rebound is more of a technical correction after a decline, not the start of a new upward trend. If there is no volume breakout and stabilization above the 90,000 level later, the overall trading strategy should still rely on short positions during rebounds.

Bitcoin trading suggestion: Short around 89,800-90,300, with a target of 88,800-87,500.
Altcoin trading suggestion: Short around 3,050-3,100, with a target of 2,950-2,800. #2025Gate年度账单 #加密市场小幅回暖