Bitcoin is currently stuck in an interesting position. The $90,000 level is particularly worth paying close attention to—if the rebound fails to retreat at this point, it indicates that the bears still have the upper hand, and holding onto short positions is advisable.

Conversely, if the price drops, the key point to watch is whether the $84,000 support can hold. Once this level is broken with volume, a larger downward wave could begin, opening up more room for downside.

The most important thing at this stage is to stay stable. Liquidity tends to be thin toward the end of the year, and the market is easily amplified by minor fluctuations. During such times, the worst thing is to trade or add positions frequently amid volatility. Setting proper stop-losses and holding positions until the trend becomes clearer is the wise choice.

To put it simply, the bulls and bears are currently battling within a range. Your short position is well-placed (below resistance), but to confirm that the trend will continue downward, it still depends on whether the $84,000 support can be broken.