Bitcoin is currently holding above a clear support level

According to trader Eugene Ng Ah Sio on his personal channel, the current market environment is extremely unique. During the year-end holiday season, almost all market participants are on break, and institutional investors' large buy orders are limited, which has prevented Bitcoin from effectively breaking below the $84,000 support level.

**Opportunities Created by Liquidity Scarcity**

At present, the overall trading volume in the market has significantly decreased, and sellers are also showing signs of exhaustion. In this environment, just a few large buyers entering the market could cause the thin order book to be pushed up rapidly. Ng Ah Sio points out, "Holding a long position below $90,000 offers ample upside potential, and it’s easier to set clear stop-loss points." He believes that it is more advantageous to test the market now rather than hesitating and entering during the process of moving toward $95,000 or $100,000.

**Focus on the Historic Volatility in January**

Of particular note is that January has historically been a month of very high volatility. The sluggish price movements at the end of December are a key point to watch for how volatility might rebound in January. The current calm could be a prelude to the next major move.