Bitcoin's recent market movement is indeed interesting. The trading volume that accumulated during the Asian session was almost wiped out before the European and American markets even opened, resulting in a straight drop and ultimately forming a box-shaped consolidation pattern with a "door" shape. The 90k resistance level has been tested multiple times but not broken, and the 87k support has not been effectively breached. Currently, the price is stuck in this range, oscillating repeatedly.

My personal judgment is that there may not be any major breakthroughs in the short term. If the price attempts to test 88.3k but fails to break through, it will likely drop sharply. As the year-end approaches, the overall market trading activity has noticeably decreased, and participation has shrunk accordingly.

A couple of days ago, I tried short-term trades twice, but yesterday I was partially caught in a position. Now, I treat the long positions as losses. It seems that this kind of oscillating market is really difficult to operate in.