Good morning, everyone. A new week has begun.

Let’s talk about the recent market conditions first. Overall, the market is still trending down and hasn’t been able to break through to the upside. Especially after last night’s drop below 90,000, there was a wave of long liquidations, and the overall market sentiment slid from fear to extreme fear. So this week, we need to keep a close eye—where is the real bottom?

There’s a major event this week that can’t be ignored: the interest rate decision and Powell’s speech. Pay close attention to whether he reveals when the balance sheet reduction will end—this is significant information.

Looking at the weekly chart, last week closed with a doji. What does this mean? The market is waiting; everyone is watching Thursday’s news. In my opinion, before the news is out, the daily chart will most likely just oscillate—in other words, swing back and forth above and below 90,000. Altcoins? Even more so, just following the main market.

From the liquidation map, BTC, ETH, and SOL are currently balanced between longs and shorts, and the density is average.

Now, last week’s (December 1 to 5) spot ETF fund flows:
• BTC net outflow of $88.1 million
• ETH net outflow of $65.6 million
• SOL net inflow of $19.2 million

From these numbers, it’s clear that institutions are still cautious about BTC and ETH, with a clear wait-and-see attitude. But SOL is different—institutions are continuously increasing their positions. Although the volume isn’t large, it at least shows they value SOL.

What’s my take on today’s market? I think it’ll remain range-bound, suitable for short-term traders:
• BTC range: 88,500-92,500
• ETH range: 2,980-3,180
• SOL range: 128-137

Here are some contract trading strategies for your reference:

【BTC】
Long: Enter near 90,000 or on dips, add positions at 88,500, take profits in batches at 93,500
Short: Enter near 92,000 or on rallies, add positions at 93,500, take profits in batches at 90,000

【ETH】
Long: Enter near 3,060 or on dips, add at 2,960, take profits in batches at 3,160
Short: Enter near 3,150 or on rallies, add at 3,250, take profits in batches at 3,050

【SOL】
Long: Enter near 131 or on dips, add at 126, take profits in batches at 136
Short: Enter near 135 or on rallies, add at 140, take profits in batches at 130

A few reminders:
Set stop-losses based on your own situation—don’t fight the market. Take profits when you can and secure your gains. Better to take a small loss than hold on until liquidation.