#市场情绪和走势 Analyzing recent market liquidity and price trends reveals some subtle changes. The Fed’s quantitative tightening is about to end, and bank credit has expanded, both of which are positive signals. However, BTC is currently fluctuating below $90,000, and there is still a short-term risk of a pullback, possibly retesting the $80,000 support. From both technical and capital perspectives, the $80,000 level should hold. For investment strategy, it is advisable to start building positions on a small scale, but large-scale entry may have to wait until after the New Year. It's important to closely monitor on-chain data, whale movements, and changes in macroeconomic policy to adjust strategies in a timely manner.