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Bitcoin continues to trade in a narrow range just below the $90,000 level, reflecting a broader pause in market momentum as the year draws to a close. The world’s largest cryptocurrency was last hovering around $89,700, down roughly 1.2% over the past 24 hours, with price action largely subdued.

The lack of volatility reflects a wider consolidation phase, as institutional trading desks scale back activity ahead of the holidays. With liquidity thinning and risk appetite muted, market participants appear reluctant to take fresh directional bets.Post-October Correction Sets a Defensive Tone

The current sideways movement follows a sharp correction from Bitcoin’s October highs. On October 10, BTC was trading above $113,000 before a steep sell-off reset market expectations. That drawdown has since fostered a more cautious tone, particularly as the market enters a traditionally low-liquidity period.

On-chain and derivatives data suggest participation has steadily weakened through the final quarter. A recent shows trading activity declining from November into December, alongside expectations that implied volatility will continue to compress toward year-end.

“The contraction in volume reflects a more defensive overall market positioning, with less liquidity-driven capital flow available to absorb volatility or sustain directional moves,” Glassnode noted.Institutional Fatigue and a Wait-and-See Market

That assessment aligns with commentary from market analysts, including Markus Thielen of 10x Research, who has pointed to signs of “institutional fatigue.” Despite substantial spot Bitcoin ETF inflows earlier in the year, those allocations have yet to translate into sustained upside, prompting funds to de-risk and close books into year-end.

10x Weekly Crypto Kickoff – Why Year-End Risk Skews to the DownsideThe report covers derivatives positioning, volatility trends, and funding dynamics across Bitcoin and Ethereum, along with sentiment, technical signals, ETF and stablecoin flows, option activity, expected… — 10x Research (@10x_Research)

With retail participation also subdued, analysts broadly agree that the conditions for a meaningful breakout are lacking. Even the Federal Reserve’s recent neutral stance on interest rates has failed to act as a catalyst for renewed institutional positioning.

For now, Bitcoin appears content to remain range-bound, with traders and investors alike waiting for clearer signals, and deeper liquidity, likely not until the New Year.

Dogecoin started a fresh decline below the $0.1400 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1400.

• DOGE price started a fresh decline below the $0.1400 level.
• The price is trading below the $0.1380 level and the 100-hourly simple moving average.
• There is a key bearish trend line forming with resistance at $0.1375 on the hourly chart of the DOGE/USD pair (data source from Kraken).
• The price could extend losses if it stays below $0.1400 and $0.1420.

Dogecoin Price Dips Further

Dogecoin price started a fresh decline after it closed below $0.1420, like Bitcoin and Ethereum. DOGE declined below the $0.1400 and $0.1380 support levels.

The price even traded below $0.1350. A low was formed near $0.1326, and the price recently corrected some losses. There was a minor increase toward the 23.6% Fib retracement level of the downward move from the $0.1530 swing high to the $0.1326 low.

Dogecoin price is now trading below the $0.1400 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1380 level. There is also a key bearish trend line forming with resistance at $0.1375 on the hourly chart of the DOGE/USD pair.

The first major resistance for the bulls could be near the $0.140 level. The next major resistance is near the $0.1425 level and the 50% Fib retracement level of the downward move from the $0.1530 swing high to the $0.1326 low. A close above the $0.1425 resistance might send the price toward the $0.1450 resistance. Any more gains might send the price toward the $0.1500 level. The next major stop for the bulls might be $0.1550.

Another Decline In DOGE?

If DOGE’s price fails to climb above the $0.140 level, it could continue to move down. Initial support on the downside is near the $0.1340 level. The next major support is near the $0.1325 level.

The main support sits at $0.130. If there is a downside break below the $0.130 support, the price could decline further. In the stated case, the price might slide toward the $0.1250 level or even $0.1240 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

Major Support Levels – $0.1340 and $0.1300.

Major Resistance Levels – $0.1400 and $0.1420.

A live X Space featuring Aleo’s cofounder Howard Wu will discuss the partnership between Aleo and Houdini Swap, focusing on private cross-chain liquidity and the upcoming roadmap. Such public discussions with founding teams can provide insights into strategic direction, technical milestones, or new initiatives that affect sentiment. Depending on disclosures or community reception, these sessions have the potential to drive near-term price action and trading volume. Details are available from the event’s announcement.

AscendEX will open Beldex (BDX) deposits on December 14 and trading for the BDX/USDT pair on December 15. New exchange listings often increase liquidity and broaden market access, which can reduce trading spreads and attract fresh participants. Such events, particularly on established platforms like AscendEX, sometimes precede periods of heightened volatility or price appreciation as speculative and organic demand interact. For confirmation and timing, see the official announcement.

Pieverse has upgraded its invoice payments infrastructure to the x402 v2 standard, introducing enhanced payment verification and new modular features. The mechanism now incorporates CAIP-2-based network identification and separates compliance logic into standalone extensions, enabling faster payment processing and more flexible, jurisdiction-specific compliance options. These changes aim to streamline third-party integrations and receipts issuance, which could attract new enterprise users and drive network activity. According to the project’s announcement, the improvements are live and designed to reinforce user acquisition and build-out for the agent economy.

Bitcoin’s price once again slipped below the $90,000 support level over the weekend, as heightened volatility continues to define trading conditions in December.

Several traders are pointing to the repeated appearance of the so-called “Bart Simpson” pattern on Bitcoin’s price chart. Notably, one appears to be forming now, which could likely define BTC’s price action in the coming days.

The Bart Simpson Pattern: Influence and Resurgence in December

The Bart Simpson pattern is named after the popular cartoon character Bart Simpson because of its shape, which resembles the character’s hair. It forms when Bitcoin moves sharply in one direction, either upward or downward, within a short time frame.

Price then pauses and trades sideways in a range. After that, the market quickly moves back toward the earlier price area. Although its name is playful, this pattern presents real challenges for participants in volatile markets.

Several traders documented its frequent occurrence last month. One analyst shared a chart showing three patterns from December 10-12. Other observers highlighted five cases and more from late November to mid-December.

Against this backdrop, one analyst suggested that Bitcoin may now be completing another Bart pattern. If confirmed, the formation could be followed by another leg higher.

However, the sustainability of the surge remains in question. The analyst added that a breakout followed by another reversal is a “likely scenario.”

Liquidity and Market Mechanisms

Meanwhile, an analyst noted that the Bart pattern is not a new phenomenon and has appeared repeatedly throughout Bitcoin’s trading history.

According to the analyst, the formation tends to emerge under specific market conditions, particularly when liquidity is thin. He added that these setups often coincide with activity from large market participants.

Retail traders begin to chase momentum after sudden price moves. At the same time, stop-loss levels become clearly visible.

Other analysts suggest that repeated Bart patterns often function as short-term volatility traps. These abrupt price movements can trigger rapid reversals and shakeouts, forcing short-term traders out of positions as momentum quickly fades.

Thus, as Bitcoin continues to trade in a reactive environment, the repeated appearance of Bart patterns highlights the role of liquidity and market structure in short-term price behavior. While these formations can create sharp moves and rapid reversals, analysts note that they tend to have limited significance beyond short-term positioning, leaving broader trend direction dependent on sustained liquidity and participation.