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According to Odaily, Wintermute trading strategist Jasper De Maere stated that bitcoin is currently short-term oversold, but the sideways trend may continue, and it is likely to fluctuate within the $86,000 to $92,000 range for now. He advised against over-interpreting technical indicators at this stage and expects more profit-taking in the next two weeks, mainly driven by year-end portfolio adjustments and tax considerations. He anticipates that bitcoin's sideways movement will persist until a new catalyst emerges, one of which could be the large-scale options expiry in late December. Although it is too early to assert that the market has bottomed, signs of a bottom are beginning to appear. (CoinDesk)

Wintermute trading strategist Jasper De Maere stated that bitcoin may fluctuate within the range of $86,000 to $92,000. It is currently not advisable to overinterpret technical indicators, and it is expected that, driven by year-end portfolio adjustments and tax factors, more profit-taking will occur in the next two weeks. Bitcoin's sideways movement will continue until a new catalyst emerges, such as the large-scale options expiration in late December. Although it is too early to assert that the market has bottomed out, signs of a bottom are already appearing, and the market is oversold in the short term.

According to ChainCatcher, Wintermute's trading strategist Jasper De Maere stated that bitcoin may fluctuate within the $86,000 to $92,000 range. He noted that it is not advisable to overinterpret technical indicators at present and expects more profit-taking in the next two weeks, mainly driven by year-end portfolio adjustments and tax-related factors.