Bitcoin briefly surged close to the $90,000 level before ultimately dropping sharply in a short period. This rapid movement caught the attention of YoungHoon Kim, a figure with a high reputation for intelligence, who assessed that the pattern was not entirely normal.
According to him, price structures like this often appear when the market is being 'manipulated'. Prices are driven up to create euphoria and FOMO, then aggressively dropped when many traders have already entered. Such conditions often harm novice traders who are not disciplined with risk management.
The important lesson: not every rise is an opportunity, and not every breakout is worth chasing. Understanding the market context is far more important than merely following price directions.
The crypto market has been hit again. The market capitalization fell by 4.34% to US$2.94 trillion in just 24 hours. Volatility has increased, and emotions have also risen.
However, Binance founder, Changpeng Zhao (CZ), offers a different perspective. According to him, investors do not need to panic excessively.
"If you used to envy those who could buy low and hold through many cycles, think about… what were they doing at times like this?" said CZ.
His message is clear: Long-term Bitcoin holders do not overreact when the market falls. They endure, not because they are guessing prices, but because they understand cycles.
A market downturn is not always a signal to exit. Sometimes it's just a natural filter between those who are ready and those who are emotional.
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Instead of flying, XRP has stagnated for a year in the $2 area and finally collapsed to $1.79, a decrease of 16.88%. CoinMarketCap data shows increasing pressure amid worsening global sentiment.
One of the triggers comes from the Bank of Japan (BoJ). Concerns over massive interest rate hikes are strengthening the yen, which has the potential to unravel the carry trade that has been financing risk assets like crypto, including XRP.
The pressure is compounded by: • Crypto market cap dropping to $3.05T (-0.58%) • A historically vulnerable weekend for sell-offs • Fear & Greed Index at 24 (extreme fear)
This means that, although the market seems "calm", many market participants are gradually exiting.
Is this an accumulation phase... or the beginning of a larger problem?
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Bitcoin is down slightly -0.2% (≈ $89,770) in the last 24 hours. Technically it looks weak, but the institutional and regulatory narrative remains strong.
The latest research from Coinbase highlights the shifting liquidity movements of the Fed that are starting to change direction. The US central bank is said to be injecting funds again through the purchase of government bonds worth $40 billion. This step is considered a soft easing that could potentially continue until April 2026.
At the same time, the benchmark interest rate has been cut to 3.50%–3.75%, marking the third cut this year. This combination is seen as a breath of fresh air for risk assets, including the crypto market.
If this liquidity trend continues, crypto could receive medium-term structural support. But remember, the market direction still heavily depends on the Fed's ongoing policies.
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December 16 Could Be a Decisive Day for the Market!
Many traders are still unaware, but that date could be the most crucial moment for the direction of the market ahead.
Why?
Because NFP and unemployment data will be released.
• If NFP is weak, the Fed is likely to intervene again and cut interest rates in January. Usually, this condition causes the market to pump because market participants immediately price in hopes of stimulus.
• If NFP is actually strong, Powell has reasons to hold interest rates, and the market could experience a sudden correction.
Remember… since September, rate cuts have been implemented to support the struggling US economy.
And if the economy is still shaky, the Fed will almost certainly have to inject more stimulus.
Bitcoin rose 2.3% in 24 hours, but bearish pressure is still felt. Institutional momentum is strengthening, but market liquidity has not yet recovered.
🔥 Positive Side
BTC ETF recorded an inflow of $223.5 million, the highest since November 21, with BlackRock, Fidelity, and JPMorgan being the main buyers.
CFTC revoked complicated old guidelines, paving the way for friendlier regulations for the crypto industry.
User access is expanding: Trust Wallet x Revolut for fee-free purchases in Europe, while GoTyme opens the crypto door to 6.5 million customers.
⚠️ Risks & Pressures
Stablecoin inflows have sharply declined, indicating weakening demand and continued selling pressure.
Many short-term holders are at a floating loss, while new whales are realizing losses, vulnerable to selling actions.
EMA 7 is still below EMA 25 → the short-term trend is still bearish.
💬 Community Sentiment
Divided: some are optimistic that a new cycle will begin soon, but many remain defensive due to thin liquidity and macro factors that have yet to support.