Friends, Merry Christmas! Today, Santa Claus not only didn't deliver gifts, but instead took away a bit of the market.
In the past 24 hours, the market has generally slipped downwards. Bitcoin dropped from 90k to around 87k, and Ethereum also fell to over 2900. The total market value has shrunk back to under 3 trillion dollars, and the altcoin side is a sea of 'Christmas green' — many Meme coins and NFT sectors directly fell more than 9%, which is a bit heart-wrenching to see.
Why has it suddenly become quiet? Several reasons came together:
First, it’s the holiday season; foreigners are also celebrating the New Year, trading volumes are thin, and institutional ETFs saw a net outflow of several hundred million yesterday, with a tendency to secure profits before the holidays; second, the impact of Japan's interest rate hikes is still felt, putting overall pressure on risk assets; third, retail investor sentiment is also low, and the fear and greed index has already dropped into the 'fear zone'.
But don’t panic! Year-end washouts are actually quite common; Bitcoin is currently oscillating in the 85k-90k range, and new developments may only arise after options expiry. There’s no need to be pessimistic about the overall direction; institutions are still quietly accumulating, and fundamentals like RWA and stablecoins are also progressing.
One small bright spot is ZBT, which rose against the trend by over 30%; the privacy computing line is starting to show some movement, brothers can keep an eye on it, but remember not to rush in; research thoroughly before acting!
In summary, hold your positions steady and enjoy the holiday. The bull market hasn’t left; it’s just taking a breather. Let’s relax a bit, spend time with family, and fight again after the holidays!
#比特币 #以太坊 #行情分析 #圣诞行情