After reaching a historic high in October, Bitcoin's current price has retraced to the $70,000 to $80,000 range. The duration of this stay is short, and it lacks solid support. In comparison, the $50,000 to $70,000 range is more stable. Therefore, in the upcoming correction cycle, the $70,000 to $80,000 level will be a critical threshold, requiring time and trading volume to establish a bottom.

SOL has recently shown a moderate upward trend in price, but trading volume has decreased, indicating weakening upward momentum. Technical indicators are not yet clear. It is recommended to buy at 120.0 and 121.31, and short at 127.0 and 128.07. Currently, it is in a consolidation range.

The Brevis team has released the economic design of the $BREV token. The token has three levels of identity: cost settlement, validator staking tool, and governance rights. The total supply is 1 billion tokens, mainly allocated to ecosystem development and community incentives. Initially operating on the Base network, it will later be upgraded to a native Gas token to enhance network infrastructure.

This morning, the US stock market opened weakly, with the Dow Jones, S&P 500, and Nasdaq all declining slightly. Cryptocurrency concept stocks were also affected. However, decentralized RWA trading platforms have launched hundreds of RWA token products, and the trend of tokenizing traditional assets is evident, which is expected to activate on-chain liquidity and become a new direction for asset allocation.

【Blockchain Rhythms】According to on-chain data monitoring platform, on December 24th, a well-known crypto asset management institution withdrew 1090 Bitcoins from a mainstream exchange, worth approximately $94.7 million USD. This large transfer has once again sparked community attention to institutional fund movements. Recently, institutional investors have frequently accumulated BTC, and tracking such large transactions through on-chain data can help us better understand the true attitudes of market participants. Whether it is institutional strategic adjustments or asset allocation changes, such data is worth continuous observation.

【BitPush】Sonic Labs recently announced the latest tokenomics strategy for the project. According to official information, since its launch in mid-June this year, Sonic has issued 190 million S tokens for ecosystem development through community governance voting.
Currently, three phases of airdrop distribution have been completed: the first season released approximately 89.5 million S tokens, the second season released about 6 million S, and additionally, the Kaito Campaign distributed another 2.8 million S. These distributions not only incentivize early participants but also help accumulate the necessary liquidity for ecosystem growth.
It is worth noting that Sonic Labs still holds an allocation of about 92.2 million S tokens. According to the plan, this portion of tokens will be gradually released between 2026 and 2027, mainly to continuously incentivize ecosystem participants and promote long-term development. This phased design

XRP Spot ETF has performed well recently, with a net inflow of 8.19 million dollars on December 23, bringing the total net inflow to 219 million dollars, indicating an increase in recognition from institutional investors. The overall market size reached 1.25 billion dollars, with good liquidity management, reflecting the continued rise in interest from TradFi in XRP.

[比推] The yield on Japan's 30-year government bonds has reached a new high. The latest data shows that the yield has risen by 2 basis points to 3.445%. What does this mean? The global liquidity environment is tightening, and the cost of funds is on the rise. For the crypto market, such macro data shifts are often a signal—keep a close watch.

[Block Rhythm] In the last 24 hours, Tom Lee's BitMine has made a big move - purchasing 67,886 ETH at once, getting dumped 201 million USD. This purchase is not a small deal. According to on-chain data, such a scale of continuous buying reflects institutions' attitudes towards the mid-term trend of ETH. Big players like BitMine do not act without reason; every move they make stirs the market's nerves. In the current market environment of ETH fluctuations, such institutional layouts are worth following.

The latest bets from traders on the Kalshi platform reveal an interesting signal: the probability of the Fed lowering interest rates in January 2026 is only 12%. What does this number indicate? The market is betting that high interest rates will not ease so quickly.
What does this mean for the crypto market? In the short term, the high interest rate environment will continue to suppress the valuations of risk assets. There is a significant disparity in investor expectations regarding the Fed's policy shift, but trading data clearly points in one direction - the rate cut cycle will take longer. This has a direct impact on the liquidity in the coin circle and asset allocation strategies.

On-chain data shows that the BitMine Wallet recently purchased 6,678 ETH through BitGo, with a transaction amount of approximately 19.63 million dollars. This move demonstrates the recognition of large institutions regarding the current price. BitMine's continuous buying behavior reflects an optimistic outlook for the future market, making it worth following the on-chain activity and large transfers of ETH.

On December 23, USDC Treasury burned 50 million USDC, a large operation monitored by Whale Alert, reflecting adjustments in stablecoin liquidity. This move may be aimed at optimizing supply or responding to market changes, and it has significant implications for the Decentralized Finance ecosystem.

Wall Street strategist Ed Yardeni's Yardeni Research has raised its gold price forecasts, expecting it to reach $5,000 by the end of next year, $6,000 by the end of 2026, and even hit $10,000 by the end of 2029. Gold could become an important asset for hedging inflation, prompting encryption asset investors to rethink their relationship with commodities.

【Coin World】Midnight(NIGHT) has shown some interesting trends recently. From a high of $0.11, it has fallen to $0.07, which seems a bit panicky, but the trading heat behind it has not diminished at all - the volume has already surpassed the $5 billion mark.
People in the circle are speculating when this project will go live on a certain leading exchange and a certain compliant platform. Charles Hoskinson, the founder of Cardano, even calculated that if a certain compliant platform never lists NIGHT, it would lose about 20 million dollars in fees over the course of a year. This figure alone shows how optimistic the market is about this project.
The market value of NIGHT has now exceeded 1.4 billion USD. Many analysts believe that this round of correction is actually very healthy - it's just building momentum for next year's development. It is said that there are plans for major actions in Japan in 2026, so from this perspective, the current adjustment.

On December 23, before the opening of the US stock market, the stock prices of cryptocurrency-related listed companies generally fell slightly, with Circle leading the decline at 1.47%. Although there was a slight Fluctuation, the overall adjustment was limited, and market sentiment remained relatively stable. Investors need to follow the subsequent trends.

[Coin World] A loss story of a whale wallet is worth pondering. Monitoring data agencies tracked that a certain address bought ENA worth $18.52 million at an average cost of $1.099 in December 2024. At that time, this investment seemed completely normal - purchasing at a low price, waiting for a turnaround.
Unfortunately, after holding the position for a whole year, the market did not provide the expected rebound. Just 7 hours ago, this Whale couldn't hold back and deposited all the ENA at a price of about $0.2079 to a major trading platform to prepare for selling. A simple calculation shows that the paper loss reached as high as $15.02 million, with assets shrinking by more than 80%.
This may be a typical example of being trapped. Buying at what seems like the bottom, only to find there is another bottom below it. However, from another perspective, the large holders' panic selling often serves as an important signal for the market—should it rebound or continue to test the bottom, the price will tell.