This recent Bitcoin price movement has been truly thrilling—plunging straight from 930 down to 838, a single move resulting in a drop of over 10,000 points. Then, after rebounding from 860, it shot right back up to 923 with a big green candle. Lately, the volatility has been swinging around 10%, so if you catch the rhythm right, there’s definitely money to be made.

Pay attention to the logic behind the sharp drop at 3 AM: Trump posted on X threatening action against Venezuelan drug traffickers. If this kind of geopolitical signal escalates into actual events, there's a high probability the market will react with a pullback.

From a technical perspective, Bitcoin breaking through 920 means the upside is open again. As long as it holds the key supports at 90144 and 88847, theoretically 960-980 is within range. The overall structure is still fairly balanced, but personally, I lean toward a short-term rally—just like I called during yesterday’s session.

However, you need to be prepared for both scenarios. Keep a close eye on news, so you’re not caught off guard by sudden headlines.

On the altcoin side, BNB, ETH, DOGE, and SOL all bounced in a V-shape, but there are clear differences in strength: SOL is the most resilient, followed by BNB, while ETH and DOGE are obvious laggards. Reference levels: ETH upper at 3100, lower at 2869; BNB 950/857; SOL 144/133; DOGE 0.156/0.144.

Overall, I’m still leaning cautious. Historically, December hasn’t been very friendly, so if prices do rally, I recommend taking profits in batches.

Lastly, a note on a mistake: yesterday, the short order at 905 was stopped out at 920. After Bitcoin broke above 920, the trend clearly strengthened. This was my misjudgment which led to losses for everyone—my apologies. With contracts, take-profits and stop-losses really can’t be vague—even if you caught the drop by shorting at 910, without a take-profit set, the V-shaped rebound would still have eaten into your profits.