Phyrex|Dec 29, 2025 21:16
I've been in vacation mode lately, and I've been exhausted. During the day, I have to provide emotional value. At night, I drink and brag with my friends, start writing words in the early morning, and get up early the next morning to go out. It's been a week now, and in another week, it's almost over. Although I feel tired of complaining, I actually enjoy this kind of life quite a bit. Before, I used to start reading news, writing words, and reading books right after waking up. Now, I can spend more time with my family and travel with friends, which is also very happy.
But this kind of life is occasionally okay, and I still feel a bit uncomfortable after a long time. When I saw BTC reach $90000 this morning, I wanted to say that we need to see the trend of the US stock market after it opens. After all, in the actual favorable situation, it is still in a low liquidity situation, and the possibility of the US stock market driving it will be higher. As a result, it is normal for BTC to fall back to around $88000 at night.
We have been talking about the curse of $90000 for a long time. Although I don't know the reason, seeing that trading volume is increasing, there are probably quite a few blockers. A permanent breakthrough may still require stronger positive factors to drive buying support.
Looking back at the data of Bitcoin, the turnover rate is still not high after Monday, indicating that high-frequency traders are still on vacation. The US stock market has also experienced a slight decline, which should be within the normal range. Recently, there have been no key data or important speeches, and some are just fatigue for 2025.
From the current chip structure, the probability of bottoming out at $83000 is high, and the holding of $87000 exceeds 800000 BTC, indicating an increasing probability of high volatility. In the short term, it is considered healthy, as early loss making chips are still very stable.
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