Financial Research Community – December 21, 2025

1. The US Solana spot ETF had a total net inflow of 3.57 million USD in a single day;

2. The US XRP spot ETF had a total net inflow of 13.21 million USD in a single day.

3. The UNI "Activation Fee Switch Proposal" is expected to pass.

4. On-chain data shows a recovery in market sentiment, with the number of BTC liquidation addresses starting to decrease.

5. The one-stop liquidity protocol NAVI Protocol in the SUI ecosystem will officially launch the SUI ecosystem DEX premium trading system on December 29, which enables users to better manage various assets in SUI ecosystem DeFi services, greatly enhancing the management efficiency of multi-wallet users and institutional investors, while providing a convenient channel for mainstream asset holders to participate in the SUI DeFi ecosystem.

Bitcoin is oscillating below the life line and the middle band of the Bollinger Bands on the daily level, with small fluctuations over the weekend. On the daily chart, multiple bottoms have formed around 85,000, indicating a demand for a rebound, but the focus should be on whether the daily Bollinger middle band can be broken. The four-hour chart shows a breakout of the Bollinger middle band and the life line forming a rebound, but the rebound has not shown strong volume; it is merely a bottom rebound within a downtrend.

Bitcoin's reference oscillation range today:

Support levels: around 87,000, around 85,900, around 85,100

Resistance levels: around 89,300, around 90,000

Ethereum's reference oscillation range today:

Support levels: around 2,930, around 2,890, around 2,835

Resistance levels: around 3,050, around 3,100

From the panic index and indicators, there is a short-term rebound demand in the market, but it is not a reversal. As long as the daily chart does not stabilize, the main trend is downward oscillation. Each rebound represents an opportunity for short-term operations, and caution should be taken to secure profits. #比特币流动性 #加密市场观察 #ETH走势分析 $BTC $ETH