Odaily Planet Daily News: Wintermute trading strategist Jasper De Maere stated that Bitcoin is short-term oversold, but the sideways trend may continue, currently likely to fluctuate in the range of $86,000 to $92,000. At this time, technical indicators should not be overinterpreted, and more profit-taking is expected in the next two weeks, mainly driven by year-end portfolio adjustments and tax factors. He expects the sideways trend of Bitcoin to persist until new catalysts emerge, one of which could be the large options expiration in late December. Although it is still too early to assert that the market has bottomed out, signs of a bottom are beginning to appear in the market. (CoinDesk)