2025-12-28 16:10:39

#美联储回购协议计划 $BTC $ETH $BNB

The Christmas market is really cold—Bitcoin is locked in a narrow range between 86.5K and 89K, trading sideways for three days with no sign of life; Ethereum is even worse, breaking below 2900. Looking at the candlestick chart, it’s like hitting the pause button, with trading volume hitting a six-month low. 😴

This isn’t a market problem, but a standard combination of **“holiday liquidity vacuum” and “options settlement double blow.”** Western market makers are on holiday, causing buy and sell orders to dry up instantly, no one dares to move, and volatility drops so low that traders could fall asleep at their screens.

But think differently—bull market corrections are normal. Dropping from the high of 126K, a decline of only about 30%, just clears out those short-term retail traders with high leverage who got liquidated. Now, funding rates are returning to neutral, the market is gradually calming down, and this actually gives spot buyers some breathing room.

The real show is just beginning: **Institutions are stepping in.** Bitwise’s 2026 data forecast is astonishing—funds flowing into Bitcoin spot ETFs will surpass the entire new Bitcoin supply added to the network that year. Grayscale even openly targets a price of $130,000 to $150,000 in 2026. Is this retail frenzy? No, this is Wall Street’s compliant capital entering in an orderly, large-scale manner, and crypto assets are being included in institutional asset allocation core lists.

On-chain data also tells the story: active addresses have decreased by 22%, but long-term holders (HODLers) are quietly accumulating, seemingly silent on the surface but building momentum underneath.

Instead of complaining about this dull Christmas consolidation, understand its truth—**this range-bound period might be the last cheap window before institutions take over.** The 87K level may seem unexciting? It’s precisely the last chance to buy in before the rally. This boring market in 2023 could turn into the last missed opportunity you’ll regret by 2026. 😬

BTC0.02%

ETH0.23%

BNB2.46%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

HypotheticalLiquidator

· 2h ago

Wait a minute, the number of active addresses has dropped by 22%. Are you still talking about building momentum? This data looks dangerous... In a liquidity vacuum, leverage is the real focus, right?

View OriginalReply0

DaoTherapy

· 3h ago

The metaphor of institutions jumping on board is really spot on. Are we retail investors just here to be the backup runners?

View OriginalReply0

SmartContractDiver

· 3h ago

Retail investors are all sleeping, institutions are quietly accumulating, this is quite interesting Our group always loves to chase highs and sell lows, but little do they know, others have already made their arrangements 8.7w is really the last train to get on, it will be too late to regret next year Market makers have taken a holiday and run away, liquidity has dried up, we just have to wait, so what's the rush? HODLers are increasing their positions? Should we trust on-chain data or our own anxiety? Watching this overall situation is really comfortable, but we still have to see how the Federal Reserve plays it

View OriginalReply0

WhaleInTraining

· 3h ago

Oh my, this wave is indeed accumulating, but I'm still a bit hesitant. I've heard so much about institutions entering the market that my ears are getting sore. They promised 150,000 by 2026... But seeing HODLers secretly adding positions, it feels like someone is really lurking at the bottom. Fighting repeatedly at 87K is quite torturous; might as well just close my eyes and DCA.

View OriginalReply0

GateUser-40edb63b

· 3h ago

Wait a minute, 87,000 still dares to say it's an inexpensive period? Is this guy trying to brainwash himself about his position? HODLers are indeed accumulating, but this wave of decline really hurts. Retail investors have already been cut once. We've been hearing about institutions taking over this matter for three years. When will it be our turn? Wall Street's "compliant funds" sound nice, but aren't they just trying to use us as a stepping stone to boost their own positions?

View OriginalReply0

ForkPrince

· 3h ago

Is the Federal Reserve repo operation causing trouble again? Alright, alright, stop with that, institutions have already started taking over this matter. --- Boring? I think this is the final entry price. Looking back in 2026, the current 87,000 is cheap enough to cry. --- Hodler is secretly accumulating chips, wake up everyone. --- Holiday liquidity vacuum? Isn't it just big players doing a shakeout? Changing the rhetoric. --- Bitcoin has no soul? Buddy, you’re mistaken. The groundwork has already been laid below. --- 13 to 15 million? Just believe it for now. Anyway, missing out this time isn’t a big deal. --- The new low in trading volume isn’t a problem; it’s the calm before institutions quietly take over. --- Christmas market is cold, and you’ll regret it next year. I believe in this logic.

View OriginalReply0