Bitcoin highlights on December 4: Price fluctuated and rebounded, currently trading around $91,200, up more than 5% in 24 hours, with an intraday high of $92,300. The previous day saw a sharp drop of nearly 8%, hitting a three-month low and causing 270,000 liquidations. Fourteen domestic ministries continue to crack down on illegal virtual currency activities, explicitly classifying stablecoins as virtual currencies. Analysts predict short-term consolidation in the $75,000-$95,000 range.