The Christmas Lull: $90k Rejection & The "Boring" Side of Wealth
Listen, I’ll be real with you today feels like the market is collectively nursing a holiday hangover before the party even started. It’s Christmas Eve 2025, and if you were expecting a massive "Santa Rally" candle to blast us back to those $120k highs we saw earlier this year,
We’ve been staring at the $90,000 level for what feels like an eternity. Every time Bitcoin tries to poke its head above it, the sellers wake up and swat it back down to the $87,000 range.
After BTC hit that $126k record earlier this year, this pullback has been a slow grind that’s tested everyone’s patience. With the U.S. government on a three-day holiday and ETF outflows hitting $500M last week, the "big money" is basically on a ski trip. When liquidity gets this thin, every small sell order feels like a dump.
ETH is struggling to hold $3,000 (currently around $2,930), and SOL is chilling at $124. It’s not a bloodbath, but it’s definitely not a moon mission.
LUMIA is the star today, up about 28%. It’s one of those rare moments where a mid-cap coin catches a bid while everyone else is sleeping.
Despite the political hype earlier this year, $TRUMP and related stocks like ABTC are taking a beating. It turns out "political alpha" has a short shelf life once the actual governance starts.
