2025-12-27 06:22:53

Bitcoin has recently been oscillating around $87,000. Interestingly, it has moved inversely to traditional assets. Hard assets like gold and silver are soaring; spot gold has stabilized above $4,500, and silver is even more explosive, surging over 10%. What does this reflect? The market is increasingly worried about the uncertainty of macro policies in early 2026.

From a crypto perspective, this rising risk-averse sentiment is like "bloodsucking," draining liquidity from digital assets. ETF net outflows continue, and on-chain liquidity remains tight, all signals of this trend. However, after today's options expiration, the situation might change. Once gamma squeezing is released, the market can break free from this mechanical influence, and prices will be closer to true supply and demand.

What's happening off-chain? The A-shares Shanghai Composite index has risen for eight consecutive days, with weekly trading volume surpassing 9.8 trillion RMB. This exuberant off-chain liquidity is likely to trigger a spillover effect after New Year's Day, revitalizing Asian crypto funds. This is a key point to watch.

Currently, in holdings, I continue to hold multiple assets on CEXs, and I am also deploying on DEXs. AI-related assets are still leading the gains, but my current strategy is—waiting most of the time, and taking action very rarely. The biggest source of losses in the crypto world is impulsiveness. Using old money thinking to earn the dividends of new money—that's the right way.

BTC0.35%

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SnapshotDayLaborer

· 11h ago

Itchy hands are the number one killer in the crypto world, that's a brilliant statement. I'm also waiting for that overflow node. --- Gold has been rising so aggressively, but I feel something's a bit off. Is liquidity really that tight? --- What happens after options expire? I'm betting Gamma squeeze might bring some surprises. --- Can the recent surge in A-shares be transmitted to the crypto circle, or is it just self-hype? --- Old money thinking earning new money dividends, I accept this theory. --- Stalling at the 87,000 level for a while, maybe I should wait and see. --- What about DEX layout, can you reveal a little? --- Actually, the hardest part now isn't choosing coins, but resisting the urge to move. --- Are AI stocks still leading the rally? I have some doubts whether this trend can last until next year. --- On-chain liquidity is tight, which indicates some people are still panicking and cutting losses.

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DAOdreamer

· 11h ago

Gold and silver are so fierce, while Bitcoin is still dawdling, which is indeed a bit counterintuitive. But judging by the momentum of the A-shares, there might really be a rebound after New Year's Day. The itch is an incurable disease, I agree. Most of the time, lying flat and waiting is the way to go for those who live to the end. Let's talk about the options expiration after it releases; right now, it's really too tense. Liquidity is flowing from the crypto circle to gold, the logic is understandable, but how long this wave can last is really hard to say. Let's wait and see, there's no rush anyway. Those who are anxious are the ones who lose the most.

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DeepRabbitHole