During the Christmas holiday, the cryptocurrency market maintained a good level of activity. Overall, the trend showed a mild upward movement. Although trading volume decreased due to the holiday, market sentiment remains optimistic.
According to real-time data, the total market capitalization of global cryptocurrencies is approximately $3.052 trillion, with a 24-hour trading volume of $63.149 billion. Bitcoin dominance stands at 57.6%. This figure indicates that the market remained relatively stable during the holiday period without significant fluctuations.
**How Major Coins Are Moving**
Bitcoin is currently priced at about $88,026, with a 24-hour increase of 1.4%, and a market cap of $1.757 trillion. It has recently oscillated between $87,472 and $88,050. Earlier today, it briefly tested the $88k level but ultimately failed to break through the $90k mark. Historically, BTC has spent relatively short periods (only 28 trading days) in the $70k-$80k range, which could serve as a support level moving forward. However, short-term demand remains somewhat weak, with downside pressure present.
Ethereum is priced at approximately $2,947, with a 24-hour increase of 1.2%, and a market cap of $355.8 billion. Following Bitcoin’s lead, it has performed steadily but lacks strong breakout momentum.
**Strategy Tips**
Liquidity is generally low during the holiday season, so large transactions should be approached with caution. Focus on whether BTC can hold the $88k support level. If it breaks through $90k, it could trigger a broader rebound; conversely, a drop below support at $80k is also possible. In the long term, continuous institutional inflows and improved regulatory environments can support the market, but short-term volatility risks still exist. Trading decisions should be made based on your own risk tolerance.
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MissedAirdropBro
· 6h ago
88k this level is really hard to grasp, it feels like just one push away from breaking 90k...
Everyone is waiting for 90k now, and that might be the real test then.
Holiday trading volume is so low, it seems like big players are on vacation and taking it easy.
Whether this wave can hold steady at 88k is crucial, otherwise dropping to 80k might be unstoppable.
BTC dominance rate at 57.6% is still a bit low, it feels like it hasn't fully recovered.
There's repeated tug-of-war between 88k and 90k, and no one has the energy.
Short-term weakness is true, but in the long run, institutions are still accumulating, so it's not a big problem.
With poor liquidity, how can you go all-in? Better to be cautious.
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Anon4461
· 6h ago
88k has held out for so long, it feels like either breaking 90k or dropping to 80k, nothing much in between.
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HashRateHermit
· 6h ago
Still playing with coins during the holiday? I see the market hasn't really crashed, it's just stuck at 88k, and 90k seems far away.
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SolidityStruggler
· 6h ago
Still stacking BTC during the holiday, and at 88k you want to kick me off the train. Dream on.
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AirdropHermit
· 6h ago
Still trading cryptocurrencies during the Christmas holiday, my heart is truly unmatched haha
Can't hold 88k, feeling like it's going to dip, better to stay on the sidelines
ETH's performance is pretty dull, still waiting for BTC to really gain momentum
Liquidity is extremely poor during the holiday, large orders should not be reckless, high risk
It's really frustrating that 90k can't be broken, when will it finally break out
During the Christmas holiday, the cryptocurrency market maintained a good level of activity. Overall, the trend showed a mild upward movement. Although trading volume decreased due to the holiday, market sentiment remains optimistic.
According to real-time data, the total market capitalization of global cryptocurrencies is approximately $3.052 trillion, with a 24-hour trading volume of $63.149 billion. Bitcoin dominance stands at 57.6%. This figure indicates that the market remained relatively stable during the holiday period without significant fluctuations.
**How Major Coins Are Moving**
Bitcoin is currently priced at about $88,026, with a 24-hour increase of 1.4%, and a market cap of $1.757 trillion. It has recently oscillated between $87,472 and $88,050. Earlier today, it briefly tested the $88k level but ultimately failed to break through the $90k mark. Historically, BTC has spent relatively short periods (only 28 trading days) in the $70k-$80k range, which could serve as a support level moving forward. However, short-term demand remains somewhat weak, with downside pressure present.
Ethereum is priced at approximately $2,947, with a 24-hour increase of 1.2%, and a market cap of $355.8 billion. Following Bitcoin’s lead, it has performed steadily but lacks strong breakout momentum.
**Strategy Tips**
Liquidity is generally low during the holiday season, so large transactions should be approached with caution. Focus on whether BTC can hold the $88k support level. If it breaks through $90k, it could trigger a broader rebound; conversely, a drop below support at $80k is also possible. In the long term, continuous institutional inflows and improved regulatory environments can support the market, but short-term volatility risks still exist. Trading decisions should be made based on your own risk tolerance.