#数字资产市场动态 Year-end institutional holidays, the market has indeed cooled down. Especially in the second half of last night, the market was uneventful, with hardly any significant fluctuations. The logic behind this is simple—during holidays, institutional investors are mostly not trading, and the market naturally falls into a state of silence. To wait for a real new trend to emerge, probably have to wait until after the New Year holiday. In the short term, sticking to the previous rhythm is still enough—grid or swing trading.

From the spot ETF capital perspective, BTC had a net outflow of $6.7 million in a single day, while ETH and SOL saw little inflow or outflow. This further confirms my judgment—institutions are on holiday, trading volume is sluggish, and the market is so quiet. Looking at the liquidation map, BTC, ETH, and SOL are all predominantly short positions with dense distribution, indicating that a large fluctuation could happen again in the short term. We need to be aware of this risk.

**Today's reference volatility range:**
- BTC: 86,000-89,000
- ETH: 2,880-3,000
- SOL: 119-125

**Trading suggestions:**

**BTC direction:** 86,500 can be used to build a position or buy on dips, add positions at 85,000, and take profits in batches at 88,000. Conversely, short at 88,500 or buy on dips, add at 90,000, with a take profit target of 86,500.

**ETH direction:** Build a position at 2,900 or enter on dips to go long, add at 2,830, and take profits in batches at 2,980. For short positions, enter at 3,000 or higher, add at 3,080, and take profits at 2,920.

**SOL direction:** Short at 125 or short on rallies, add at 130, and take profits at 120.

**A few reminders:**
1. Stop-loss levels should be set based on your liquidation point and the amount of loss you can tolerate—there's no fixed answer.
2. Don’t be greedy; take profits when you have them. Small losses are better than big losses. Never hold onto a losing position. If your direction judgment is correct, keep holding.