2025-12-24 20:23:12

Today is Christmas, and major trading venues around the world are on holiday. The crypto market has calmed down quite a bit after last night's options settlement. Currently, the entire market is in a typical "consolidation with reduced volume" phase—liquidity is really lacking, but compared to the panic we saw a few days ago, the sense of fear has at least eased somewhat. For us investors, this actually presents a good opportunity: to carefully examine where key assets stand now and to organize our thoughts for the coming year.

**What’s the current situation with BTC**

It’s trading around $88,000, a sensitive level. Support is at 86,600, with resistance at 89,273, which is the 20-day moving average. Basically, the market is digesting both the long-term positive news like "JPMorgan potentially entering crypto trading" and some profit-taking. The key is whether it can hold the 86,600 bottom—holding that would indicate the structure is still healthy.

**Ethereum’s situation**

Currently testing support near 2,960. Support below is at 2,900, with resistance at 2,052. Honestly, Ethereum has been moving in tandem with the broader market these days, without any independent catalysts. Holiday trading is usually quiet, which can amplify volatility—at such times, it’s important to focus on the overall trend.

**Where is BNB**

As a platform token, BNB is consolidating around $850. Support is at 838, resistance at 869. Recently, U.S. inflation data came in unexpectedly high, putting some macro pressure on the market, and platform tokens are naturally affected—this is the risk sentiment at play.

**What about SOL**

Solana is currently hovering near a key support at $125. Support is at 120, resistance at 130, which is the 20-day moving average. Similar to the others, with market risk sentiment and holiday liquidity thinning out, it all depends on whether it can hold the 125 support. If it breaks, there’s a risk of further decline.

Ultimately, this Christmas holiday is a good "pause and observe" opportunity for us. Weak liquidity means opportunities are brewing, but the key is whether major coins can hold their critical supports—that’s what we should be paying the most attention to right now.

BTC0.9%

ETH0.4%

BNB0.7%

SOL1.04%

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LayerZeroEnjoyer

· 9h ago

Consolidation with decreasing volume is just consolidation with decreasing volume, anyway it's an opportunity for us to buy the dip. Everyone is waiting to see if 86600 breaks or not, feeling a bit uncertain. As long as BTC holds, we can still play; if it breaks... let's talk about it then. Liquidity is so scarce, we need to be more cautious. Platform tokens took a hit from inflation data, really annoying. Waiting for the holiday to pass and see if we can rebound. SOL at this position is a bit dangerous... if 120 also disappears. Holidays might actually be a good opportunity, carefully consider your strategy. JPMorgan has entered the market, long-term optimistic, but for now, let's stay on the sidelines. This rhythm is just building a bottom; I bet 88000 can hold.

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CryptoGoldmine

· 9h ago

Liquidity exhaustion is actually a signal to buy the dip; as long as the key support level is not broken, it indicates that the chips are still stable. During periods of low-volume consolidation, the computing power returns are actually improving, and miners will allocate more rationally. It's only a real problem if the 86600 level is broken; currently, it hasn't, and the structural health is basically fine. With the holiday market being dull, the best thing is not to chase highs and wait for more efficient opportunities to position.

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BankruptcyArtist

· 9h ago

It's fine to see reduced volume; I don't have money to add positions anyway, just waiting to see who can't hold on and kneels first. If BTC can't hold above 86,600, it's a bit risky, and I'll have to continue bottom-fishing. This round of JPMorgan's entry is really a paper positive, but it depends on whether there's real money behind it. Liquidity is thinnest during these times, making a sharp drop most likely; holiday market trends can be deceptive. All cryptocurrencies are testing support levels, feeling like ticking time bombs.

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GasOptimizer

· 9h ago

Trading volume is indeed quiet, but there are still many people buying up at this time... If we can't hold the support, we have to run. 888333, it really depends on your mindset, bro. Low liquidity = easy to get liquidated by market orders, holiday market conditions are the worst. If BTC breaks 86600, just stop playing; this time is truly different. Ethereum is just like this, a trap for the unprepared. You're watching the support levels, I'm watching whether the main force will directly break through. Here we go again, "a good opportunity"... last time I said that, I lost a whole month's worth of money. JPMorgan Chase? Someone probably already hyped this concept; there's nothing new. Weak liquidity during holidays is the activity time for the big players. If SOL can hold the 125 level, the market hasn't completely collapsed. I just want to know if we can turn around this year...

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ProposalManiac

· 9h ago

Once the key support is broken, the entire game theory framework needs to be redesigned. Now, it depends on whether the market incentive mechanism can still hold up.

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GateUser-6bc33122

· 9h ago

The liquidity during the Christmas holiday is so thin, it feels like playing a "Tower Defense" game, where not a single support can be lost. If BTC can't hold above 86,600, you really need to be cautious, as it might continue to test lower levels. 86,600 and 125 are truly two life and death lines; keep a close eye on them. The holiday market is usually the most prone to affecting people's psychology, so it's best to just watch and not overreact. The news about JPMorgan entering the market sounds good, but many people are also taking profits now. It feels like waiting—whoever moves first when liquidity returns will win. ETH following the trend is a bit boring; when will there be an independent market? Platform tokens are being suppressed by macro factors; these days, there's really no safety.

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MEVEye

· 9h ago

Consolidation with decreasing volume is like this; only when support can't hold do you really panic. Honestly, it's easiest to dump when liquidity is thin. The 88,000 position for BTC is a bit awkward; let's wait and see if JPMorgan's news can save the day. If SOL 125 breaks, I'll just liquidate everything; there's no point in playing anymore. Holiday market conditions are already weak; don't think about chasing profits. Holding onto your coins is already a win.

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