Bitcoin re-claimed the $90,000 level around 12:00 noon today (December 29). Based on current news and technical analysis, short-term trading should note that the rebound is mainly driven by technical factors, lacking new fundamental catalysts.

### 📊 Current Market Key Information
Below is a summary of the key information affecting short-term trading:

1. Price and Market Trends
Core Event: Bitcoin surged over 2.45% intraday, breaking through $90,000.
Key Observation: The price tested this level multiple times but has recently failed to stabilize effectively.

2. Driving Factors for the Rise
Main Driving Force: The general consensus is that it is a **technical rebound**, triggered by breaking through a key resistance level, leading to short covering and follow-up buying. Additionally, expectations of the Federal Reserve cutting interest rates in 2026 also support risk assets.
Market Sentiment: Sentiment indicators show the market has been in "**Extreme Fear**" for 16 consecutive days, with retail investor sentiment extremely pessimistic, which could serve as a short-term contrarian indicator.

3. Risks and Concerns
Liquidity Issues: Year-end trading volume is light, which may amplify price volatility.
Capital Outflows: Continuous net outflows from spot Bitcoin ETFs this month put pressure on the market.

### 💡 Short-term Trading Strategy
Based on the above information, the following short-term trading ideas can be considered:

1. Core Strategy: The current rebound is more of a **technical breakout**; **do not chase immediately after the breakout**. A more prudent approach is to wait for a pullback to confirm support or observe whether the price can hold above $90,000 with increased volume.

2. Key Levels
Resistance Above: If the price stabilizes above $90,000, the next target could be in the $92,000 - $93,000 range.
Support Below: Important short-term support is at the $88,000 - $89,000 zone (former resistance turned support). If broken, the price may revisit around $85,000.

3. Risk Management
Be sure to set stop-loss orders, placing stops below key support levels (e.g., around $87,500) to control risk.
Given the low liquidity and potential for increased volatility at year-end, reduce leverage and avoid overtrading.

In summary, the current market is a key level battle driven by technical factors. The rebound amid extreme fear is reasonable, but lacks trend catalysts. Trading should be cautious, based on key price levels, and with strict risk management.

If you're interested in the correlated movements of other major cryptocurrencies like Ethereum after Bitcoin's breakout, I can provide further analysis. Follow ➕$BTC #今日你看涨还是看跌？