BTC maintains a typical range-bound pattern during Christmas, which is not surprising. In the short term, focus should be on several major liquidity clusters: around $86K, near $88K, and the $90K line. However, even if these key levels are broken, it is more likely from a probability standpoint that they will be used as liquidity sniping points, followed by a prolonged sideways consolidation. In other words, an upward breakout may not necessarily be a true breakout; it could simply be to absorb stop-loss orders and pending orders above, then return to the range. In this volatile market, short-term trading requires extra caution.