The analysis on Bitcoin highlights its current engagement at a critical resistance level around $89,500. On a 30-minute timeframe, the asset briefly broke above this level before reclaiming below, while simultaneously holding above the 30-day rolling Volume Weighted Average Price (VWAP). The market exhibits high volatility at the start of the week, attributed to year-end options expiries and repositioning. Fundamental indicators for Bitcoin show some improvement, specifically a call skew indicating increased demand for call options, particularly for the upcoming week. Order book depth analysis reveals an ask-side skew, suggesting aggressive buying pressure, although not substantial enough to decisively break through prior resistance at $94,000. The Coinbase Bitcoin Premium Index is currently at a discount, historically associated with short-dominated market conditions, which contradicts the overall bullish sentiment anticipated for the week. Initial long positions were trapped, leading to an aggressive pullback to $89,200. Despite a prevailing bullish bias for the week, short-term uncertainty exists. The analysis projects a potential short-term downward spike to collect liquidity, targeting levels between $87,100 and $86,000, before a more sustained upward movement. The monthly point of control is situated at $90,000, and a confirmed bullish breakout would require a decisive move above $89,500. The presenter is prepared for both upward and downward scenarios, with long setups ready but acknowledging a higher probability of an initial short-term dip before a significant bullish rally.