The number of global liquidations in a single day reached 129,603 people, with a total liquidation amount of up to 445 million U.S. dollars. The largest single liquidation came from Hyperliguid-ETH-USD, valued at 17.8128 million U.S. dollars, reflecting the high risk of contract trading under current market volatility.
From the market sentiment perspective, the warming of the market during weekdays has alleviated investors' anxiety about 'giving away money.' The decrease in turnover rate combined with weekend factors has played a cooling effect on the overheated market sentiment. Currently, there are no substantial bearish factors in the market, and the expectation of a Federal Reserve rate cut in December still supports the market. However, two major concerns have triggered a phase adjustment:
Weak expectations for economic data, with market worries about economic downward pressure;
Insufficient confidence in continued rate cuts in January 2026.
However, historical experience shows that the Federal Reserve's dot plot does not fully predict the policy path—this year, the original expectation was only for 2 rate cuts, but there were actually 4, and the future policy direction still needs to focus on the balance between 'anti-inflation' and 'growth protection': if anti-inflation is prioritized, the risk of economic recession rises; if growth protection is favored, there is room for economic recovery in 2026.
II. Mainstream cryptocurrency market strategy (spot prioritized, contracts cautiously)
1. BTC
Short-term resistance: 93400 (if stabilized, move up to 95050)
Support level: short-term 88500, key support range 86100-85700
Operational suggestion: If it does not break below 88500, the trend is strong, focusing on buying spot at lows, and contracts should not be held for long.
2. $SOL
Short-term resistance: 140 (after breaking, resistance range 144-149)
Support level: 125-124, 119
Operational suggestion: In the bottom oscillation phase, the core strategy is to buy on dips, prioritizing spot purchases, as holding contracts long is more difficult.
3. $ETH
Short-term resistance: 3210 (further resistance 3282)
Support level: short-term 2955, key support range 2830-2810
Operational suggestion: Also in the bottom oscillation cycle, spot layout is more stable, and contracts need strict stop-loss control.
4. $BNB
Core support: 895 (if not broken, small-scale bullish continuation)
Resistance levels: 910, 926, 939, 950
Break warning: If it breaks below 895, a correction starts on the 1-2 hour level, with support levels successively at 882, 870, 857, 844
Operational suggestion: Use 895 as the watershed for long and short positions, buy low near the support level in spot, and if it breaks, watch or stop-loss with a light position.
