Trading

According to cryptocurrency analyst Ali Martinez, a December X post outlines a cycle-based scenario where Bitcoin, after peaking near $126,000, could face a ~70% drawdown toward $37,000–$38,000, with a possible low around October 2026. BTC was $89,506 at press time, up 1.7% in 24 hours, and below its 50-day and 200-day SMAs.

CoinShares reported last week that digital asset ETPs recorded $952M in outflows, the first weekly decline in four weeks, while XRP drew $62.9M in net inflows. Ethereum and Bitcoin saw withdrawals of $555.1 million and $460 million, highlighting shifting preferences amid market volatility.

Pseudonymous analyst Doctor Profit projects a short-term Bitcoin move toward $97,000–$107,000 while saying no major downside is likely before February or March 2026. Another analyst, Mr Wall Street, expects a relief rally to $98,000–$104,000 but warns of a bull trap, eyeing $64,000–$70,000 in late Q1 or early Q2 2026.

On December 22, 2025, Hyperliquid denied rumors of insider-trading tools and USDC insolvency, saying the contested HYPE short was opened by a former employee. The alleged insider position was $25,140 (1,000 HYPE), while platform data showed $1.25B open interest and whales 59% long.

Crypto ETPs logged $952 million in outflows, ending a three-week streak of net inflows, after delays to the Digital Asset Market Clarity Act dented US sentiment. Ether funds shed $555 million and Bitcoin funds $460 million, while Senate markup is now slated for January 2026.

Updated December 22, 2025, ETH saw sustained inflows to whale wallets, with 10K–100K-ETH addresses leading. According to Cryptoquant, these wallets collectively hold over 22M ETH, while the largest cohorts carry around 4.47M. Whales accumulated in 2025 at sub-$3,000 levels, offering support near $2,800 and signaling long-term confidence despite weak retail sentiment.

During early Asia trading hours on Monday, Bitcoin climbed toward $90,000, printing an intra‑day high at $89,850, up 6.5% from a local $84,400 low. Analysts cite bullish derivatives—short‑liquidation dominance at -11% and a regime score near 16.3%—with chart setups eyeing resistance at $93,300–$100,000 and a measured target around $120,000.

Bitcoin is maintaining key technical support around $86,500 while monthly exchange flows have climbed to roughly $10.9 billion, the strongest reading since May 2021. Analysts note that this combination of defended support and elevated on-chain activity may signal a turning point, with growing discussion around a potential move toward the $100,000 area as BTC attempts to clear resistance near $90,000.

Bitcoin slipped below $90,000, with a price snapshot at $89,756.05 after a run toward $120,000. Persistent macro uncertainty, a 2.7% CPI print, and a 10‑year Treasury yield near 4.17% are weighing on risk appetite, while uneven liquidity and growing ETF participation continue to shape institutional flows.

Cardano (ADA) is trading around $0.37 after a bearish monthly MACD crossover and has declined 32% since that signal, with analysts monitoring potential support near $0.23. Momentum remains weak below the 9-week EMA at $0.45 and 21-week EMA at $0.66, while futures open interest has slid to about $660 million from above $1 billion earlier this year.