#BTC资金流动性 December 20th midday: BTC support levels update and technical observations

The four-hour volume has significantly contracted, but the trend remains upward. However, the hourly chart shows a consolidation and tightening—this misalignment indicates market indecision. The Fed's rate cut expectations do not automatically mean a bull market is coming. From the weekly chart, the bearish pattern still dominates, and a fundamental reversal has not yet occurred.

The current market situation is indeed tricky—unable to rise, yet supported when falling, making it frustrating like hanging on IV fluids. The larger timeframe remains dominated by bears, which sets the current trading tone. Before a true trend reversal, a high short strategy is recommended.

My judgment is: The frustrating market requires patience and waiting for a clear direction—nothing is confirmed until it breaks.

**Trading reference**: Short in the 88,500-89,000 range, targeting 86,500-84,500. $BTC's liquidity performance is worth paying attention to, as it may provide clues for the next move.