2025-12-24 15:24:52

Christmas Eve's market seems to have no surprises, and BTC's volatility appears to be somewhat calm.

From a technical perspective, recent daily charts show a typical narrow-range consolidation trend. Based on the current trajectory, the price is likely to first test the support level around 85,000. As the consolidation range narrows, the momentum for a subsequent breakout will gradually build, and the probability of a rebound increases.

Once a rebound is initiated, it is expected to surge toward the resistance level near 98,500. It is worth noting that a relatively large short position has already been established, mainly bearish on the future performance of BTC and ETH.

Looking ahead to next year's market, the plan is to maintain a large short position strategy, targeting the range around 71,000. Let's wait and see whether the market will unfold as expected next year.

BTC0,16%

ETH1,5%

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On-ChainDiver

· 2025-12-27 10:52

Still watching the market on Christmas Eve, this guy is really ruthless, holding such a large short position... If it reverses next year, it will be disastrous.

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ApeEscapeArtist

· 2025-12-27 05:49

85,000 is testing support again. This wave of bears is really betting heavily.

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LightningLady

· 2025-12-26 09:00

Christmas Eve is all about watching the market, really boring. After testing 85,000 and rebounding to 98,500? Sounds familiar, this old saying... The big short plan at 71,000 next year, I'll just see if I can hold 😏.

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ChainMelonWatcher