12.30 Market Summary:
Last night, gold and silver retraced, and it couldn't hold $BTC at 90,000. The daily line closed not looking very good, and short-term risks are amplifying, likely leading to a fourth support test.
If it breaks below 85,000 on the 4-hour chart, it indicates the end of the oscillation range, and the market will continue to look for support downward; if it doesn't break, it will still be treated as oscillation.
December has basically solidified, and don't expect significant changes. After entering 2026, a rebound will inevitably come; patience is more important than operations.
Looking at $ETH :
2900 has already been tested 7 times without breaking, and the last two 4-hour bearish candles both have long lower shadows, showing strong support below;
The bearish candle bodies are shrinking, and the lows are rising, currently still in the lower half of the oscillation zone. The 15-minute level is continuously in a narrow range, and the direction choice is approaching.
$SUI has broken upwards from a symmetrical triangle, and the structure is biased towards bullish. The pullback is a healthy retracement, and it is currently backtesting the previous breakout point. Holding this level will mean a continuation of the rise, and a successful volume pullback will be even more bullish; once it fails to hold, the market will delay and return to the consolidation area.