1. Cryptocurrency market quick update
1. Altcoin market
Exclude the total market capitalization daily chart of the top 10 altcoins by market cap; the downward momentum on the daily chart is weakening, and it is in a horizontal consolidation.
2. BTC.D Bitcoin market capitalization share
BTC.D Bitcoin market capitalization accounts for 59.14%. Currently in a fluctuating decline.
3. Liquidation heatmap
From the recent 1-month liquidation heatmap, the concentrated short liquidity at 95-98K is likely to break through this week.
4. Fear and Greed Index
Fear and Greed Index 24, still at a low level.
2. Quick update on top trader perspectives
1. Top trader Pigeon Eugene Ng Ah Sio
(Pigeon has not updated)
2. Top trader RunnerXBT
Updated on December 8th, 10:38 PM Beijing time:
Since Michael Saylor announced last week that he had increased his BTC holdings by $1 billion, the market has been under continuous heavy selling pressure, which also validates a theory:
He may be the 'only active buyer' in the current market.
This also brings a sense of 'reassurance' to those OG BTC holders who are constantly selling:
——Because Saylor is willing to provide liquidity, they can continue to sell with confidence.
What we really need to see next is:
More new buyers entering the market.
There are two days left until the FOMC, and the overall environment should present a good opportunity window for intraday trading.
The market sentiment is very clear:
Large buyers are supporting the market while old players in the coin circle are offloading; the market is waiting for events to drive the next direction.
(RunnerXBT believes that a major direction will emerge soon.)
3. Trader HORSE
Updated on December 8th, 11:57 AM Beijing time:
If you are optimistic about Bitcoin's performance next year, now may not be a bad time to buy call options.
Implied volatility has fallen to levels close to actual volatility, and the volatility risk premium has basically disappeared.
(HORSE believes now is a good time to buy BTC call options.)
4. Top trader Awawat
Updated on December 8th, 12:26 PM Beijing time:
The market has been quite boring in recent weeks, but I think the current prices are quite cheap, so I bought some coins I like (ETH, HYPE, MON) to try.
Wishing you a pleasant weekend and a Merry Christmas!
(Awawat believes this wave of BTC's rebound can reach 100K; he opened 3 positions over the weekend, with costs as shown in the image above.)
Three, paid signal blogger's viewpoint express
1. Vivian
Updated on December 8th, 8:00 AM Beijing time:
Weekly updates for clients:
BTC weekly has closed below 92K, which is below the annual golden pocket. Although it is still above the EMA, the strength is not enough to only be bullish. From the chart structure, we are still in the intraday trading range and have never really exited the short-term (scalp) area. Therefore, based on this week's weekly close, it is not suitable for swing trading. This week, we can only do intraday trading.
If BTC breaks through and stands above 92K during the FOMC, a new range will be established.
However, based on the current weekly close, we are still below the range and cannot position for swing long trades.
Updated on December 8th, 9:29 PM Beijing time:
Good morning:
Weekly trading plan
As mentioned yesterday, this week's weekly close is within the scalp (short-term) area, so all positions this week are still for intraday trading.
We expect BTC to close this week near the opening price of this week.
However, the bullish structure has never been destroyed.
Therefore, we expect that during this week's FOMC, a new weekly high will emerge, entering the intraday trading zone.
(Vivian believes that BTC will first retrace near 91K before rising; she plans to only take short-term trades in the next few days.)
2. Wave Theory Liu Yudong
BTC December 8, 2025
The rise at this blue point is (1) a continuation of the decline or (2) a guiding wedge.
As mentioned yesterday, 'the low point of 88099 on the 5th shows no signs of bottoming, and it may continue to go down,' which has been validated; another low point has reached the fourth part of the blue line.
If (2) cannot break below 86150, then breaking below is considered (2) failure. (2) failure is considered (1), and (1) may lead to a joint shape, which is a continuation of the decline. This will then lead to breaking below the blue point, but this decline from 126000 is expected to end before January 4th and initiate a rebound.
(Liu Yudong believes that if BTC breaks below 86150, it will further break below 80K, but there will be a major rebound at the daily level after January 4th.)
Mantou (ZEC) December 8, 2025
750, this second wave to 296 is a normal retracement; a 0.8 retracement is 162 yuan.
This adjustment is expected to end before December 26th, and the rise starting from 301 is not an upward impulse wave.
Upper pressure 377.56.
Still unable to be optimistic.
(Liu Yudong believes that ZEC has not yet bottomed, and will only bottom out on the 26th.)
3. WWG team Eliz
Updated on December 8th, 8:03 PM Beijing time:
$BTC updated:
Today is Monday, and as always, you need to be twice as calm as usual. The role of the 'Monday Range' is simple: it prevents you from making hasty decisions before the market has a clear direction.
However, from the chart, the current interpretation is still very straightforward.
The gray area on the 4-hour level still serves as a 'checkpoint.' As long as the price can strongly break through this area, we are very likely to see the market squeeze upwards into the upper red area, which is the true resistance zone for this movement.
The green range below is still the most critical position structurally for me. As long as the market holds this area, everything remains orderly.
If this level is lost, a deeper downward structure and bearish scenario will begin to unfold.
To summarize:
Three key areas, each serving different functions. Everything else is just noise.
(Eliz marked three key positions on the chart and will develop corresponding trading strategies when the market reaches target areas.)
4. Relative
Updated on December 8th, 12:54 PM Beijing time:
The price of Bitcoin and open interest are diverging, with open interest continuously decreasing and price rebounds signaling bullishness. The next step is to look for opportunities to take a light long position.
(Today, accurately entering long positions before the rise.)
5. Wall Street Abao (U.S. stocks)
Updated on December 8th, 9:53 AM Beijing time:
U.S. stocks are currently at historical highs, and the bull market should continue into next year. So U.S. stocks may continue to outperform gold. When the bear market arrives, just sell U.S. stocks and buy gold.
(Abao believes the bull market in U.S. stocks will last until next year.)
Four, summary
Recently, the market has often seen sharp rises and falls, which may be related to institutions aggressively buying; MicroStrategy bought 10,624 BTC last week at an average price of 90615, while BitMine increased its holding of 138,452 ETH last week, and SOL's ETF also made significant purchases. Even though institutions keep buying, the coin price still cannot rise, as those OG whales are hitting too hard. However, fortunately, institutions are long-term investors and will not offload for at least the next few months. The selling side's supply will continue to decrease, and the bulls' counterattack will soon arrive.
The January 4th turning point mentioned multiple times by Liu Yudong and Joshua, everyone can pay attention to it and see if it is accurate at that time.
There is an FOMC meeting this week, and the possibility of a rate cut is relatively high. It will be a good opportunity to exit long positions, and next week the Bank of Japan may announce a rate hike.
Statement:
The above information is for reference only, not trading advice. The crypto space is high risk; participation should be cautious.
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