《Daily Crypto Thermometer》First Measure Temperature, Then Adjust Positions
1｜Market: Slight Fever, Not Critical
The total market capitalization is about 3.07T, down less than 1% in the last 24 hours, still moving sideways at a high level.
BTC is around $90,000, down about 1% slightly, fluctuating roughly between 89k–91k.
ETH is around 3,100–3,150, maintaining above 3k for several days, slightly down but structurally still stable.
Overall slightly bullish but no one is getting wrecked, the market has entered a "high-level stagnation + waiting for news" mode.
2｜Capital Flow: BTC / ETH Bleeding, Alt ETFs Attracting Funds
Last week, Bitcoin and Ethereum ETFs experienced a net outflow of funds, as institutions reduce risk at high levels.
However, funds related to SOL and XRP continue to see net inflows, a typical scene of "big players reducing positions while attracting funds at the edges."
Yesterday, the U.S. spot ETH ETF had a net inflow of about $35.5 million in a single day, indicating that institutions are still willing to buy ETH above 3k.
In simple terms:
The money hasn't left; it has partially moved from BTC / ETH, taking a detour to SOL, XRP, and ETH ETFs to queue up anew.
3｜Narrative & Macro: The Entire Market Awaits Fed's Commentary
The biggest macro event these days is the Federal Reserve meeting on 12/9–10, with mainstream market expectations for another small rate cut of 25 bps.
Reports also directly state: this meeting is seen as a key point in "determining the sentiment of risk assets by the end of the year," with BTC, gold, and the stock market all sitting still.
In short:
This kind of stagnant market is largely waiting for the Fed to provide guidance.
4｜Sector Spotlight: XRP / DOGE Gaining Some Attention
XRP: The U.S. spot XRP ETF has seen net inflows for 13 consecutive days, accumulating nearly $870 million, pushing towards the $1 billion mark. The price is around $2, looking at whether it can break through 2.11 technically.
DOGE: Today it rose slightly around 0.141, not moving aggressively, but there have been continuous news about real-world applications.
5｜Today's Temperature Summary
Market: Slight Cold at High Levels, No Crash, No Wild Surge
Funds: BTC / ETH ETFs Bleeding, SOL / XRP-like Products Attracting Funds
Story: Everyone is watching the Fed meeting together
Individual Coins: XRP has the backing of ETF narratives, DOGE remains a steady background noise.
For me,
Today's temperature is roughly:
Not suitable for passionate all-in bets
Nor should one panic and cut positions
Reduce positions slightly, be more patient
Wait for the Fed to finish speaking before deciding the next steps.
