Recently observed the trend of the US stock market, the daily chart overall shows a slight upward movement, forming a V-shaped rebound pattern, which is consistent with the previous live analysis. However, Bitcoin this week on the daily chart continues to consolidate at the bottom without following the upward momentum of US stocks. This divergence actually indicates that the current market lacks upward driving force, and the upward momentum is somewhat weak.

From a technical perspective, if the US stock market turns downward, the crypto market is likely to accelerate its decline. Therefore, it is important to closely monitor the movements of US stocks moving forward. By the way, due to Christmas, the US stock market will be closed for one day tonight.

Looking at the liquidation map data, the buying and selling forces of BTC, ETH, and SOL are all relatively balanced, with a moderate level of density. Most market participants are still in a wait-and-see mode, awaiting confirmation of the direction. Based on the flow of spot ETF funds from institutional investors, BTC has net outflows of $66.7 million, ETH net outflows of $30.5 million, while SOL has a net inflow of $0.4 million. Clearly, foreign traders are not very active during the holiday period, showing an overall net outflow characteristic.

My personal judgment is that, in the absence of major news-driven factors, the market will maintain this calm and low-volatility pattern in the short term. If this sideways trend continues until the end of the month, it would actually be a good state. Whether a sudden reversal will happen remains to be seen, so continued observation is necessary.

Therefore, the recent strategy mainly focuses on short-term swings and grid arbitrage. The current trading approach is basically the same as yesterday:

**Bitcoin**: Expect the fluctuation range to be between 86,000 and 89,000. Short positions can be placed at 88,500 or entered on rallies, with additional positions at 90,000, and partial take-profit at 87,000. For the opposite side, go long at 86,500 or buy on dips, with additional positions at 85,000, and partial take-profit at 88,500.

**Ethereum**: Expected fluctuation range is 2,880 to 3,030. Short at 2,980 or enter at high levels, add positions at 3,080, and take profit in parts at 2,930. For long positions, enter at 2,900 or on dips, add at 2,800, and take profit in parts at 2,860.

**Solana**: The trend is relatively weaker, with a fluctuation range of 118 to 125. Short at 124 or enter on rallies, add at 127, and take profit in parts at 120.