2025-12-25 17:23:50

The market has fallen into a rare calm—often a silence before a big move.

Most European and American traders are already on vacation, causing the cryptocurrency market to exhibit typical holiday characteristics: trading volume has significantly shrunk, and volatility is severely suppressed. Bitcoin repeatedly tests the narrow range between $86,000 and $89,000, while Ethereum swings around $2,900, both陷入 stalemate.

This low liquidity state has two sides. On one hand, major funds take the opportunity to "dip in," quickly snatching up scattered positions; on the other hand, for traders who understand chart reading, this is precisely the best window for strategic positioning before a major market move after the holiday. Technical weakness, liquidity exhaustion, and the impact of year-end events overlap, making the seemingly chaotic situation actually full of潜流.

**What does the current market look like?**

As of December 24, Bitcoin has broken below the psychological barrier of $88,000 and is now trading around $87,500. More noteworthy is the candlestick pattern—on the daily chart, a "bearish pennant" has emerged, and the 50-day moving average has crossed below the 200-day moving average, forming a classic "death cross."

Ethereum's situation is also tough, struggling to hold around $2,950, with the critical level of $3,000 repeatedly tested. The most striking data during the session is trading volume—shrinking over 45% compared to usual, and this extreme sluggishness in成交 directly amplifies the destructive power of price fluctuations.

Market sentiment remains cautious, but here’s an interesting detail: although prices are trending downward, the moving average system signals the opposite. Out of 10 major moving averages, 8 are flashing "buy" signals. This divergence between technical indicators and price action often indicates that a reversal is approaching.

BTC0.11%

ETH-0.31%

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GasWaster

· 4h ago

The death cross has appeared. Is this really the end this time, or is it just another scam to get me to buy the dip? The 8 moving average buy signal... should I believe it or not? Vacation mode is just a weed-cutting mode; the main force's move is incredible. If $3000 can't hold, it might really break down; it feels like it's not over. This calmness is just before the storm; just wait and see.

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MoodFollowsPrice

· 4h ago

Death cross has appeared. Is this time really going to break through the bottom? --- Wait, 8 moving average buy signals... Could this be a sign of a rebound? I just want to catch the bottom. --- Low liquidity causing false signals is so disgusting, I keep getting cut every time. --- Is there a big market move after the holiday? I just want to know when it will come, stop just talking about it. --- If the 87500 support can't hold, this wave might really break the level. --- Moving average divergence is unreliable; I only look at candlestick charts. --- Trading volume shrank by 45%, are the main players on holiday? Or are they quietly positioning? --- Although I'm scared, I still feel itchy. Can someone advise me not to catch the bottom? --- The death cross combined with the repeated testing of the 3000 key point... feels like a breakdown is not far away.

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StakeWhisperer

· 4h ago

Death cross? Laughs, this broken moving average system is fooling me into buying the bottom again. Can't stand the needle stabbing, let's wait until after the holiday. 8 moving average buy signals... who should I really trust? Liquidity is so poor, is this just the darkness before dawn? If 87,500 can't hold, that's truly terrifying. Wait, is a reversal really coming? Why don't I believe it? Triple overlap sounds impressive, but it's actually just an excuse to cut the leeks. I'm betting it will break at this critical 2950 level. This end-of-year market rally is really torturous, why bother? Moving average divergence... another classic trick, wake up everyone.

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