Deep Tide TechFlow news, on December 23, Wintermute released today's market report stating that the cryptocurrency market experienced severe fluctuations last week, with BTC briefly dropping below $85,000 and ETH falling below $3,000, triggering approximately $1.4 billion in liquidations. The market structure has further narrowed, Bitcoin's dominance continues to rise, while altcoins performed poorly due to supply pressures.

Data shows that institutional funds have been continuously buying mainstream currencies since summer, and retail investors have also begun to shift from altcoins to BTC and ETH. Despite significant short-term volatility, the trend of traditional financial institutions steadily entering the cryptocurrency space is expected to provide support for mid-term prices.

Analysts expect that as the year-end holidays approach, market activity will tend to calm, prices will remain within a range, and investors will continue to prefer more liquid assets.