【December 22 Market News and Data Analysis】

1. Analysis: #比特币 relative to #黄金 RSI has fallen to a near three-year low, considered as the boundary between bull and bear;

2. This week, #H , XPL and other tokens will face large unlocks, with a total value exceeding 70 million USD;

3. Monthly foreign exchange trading volume surged to 10.9 billion USD, reaching the highest level since May 2021;

4. The probability of #哈塞特 becoming the next Federal Reserve Chair has risen to 56%, while the probability of Waller being elected is 12% and the probability of Waller being elected is 22%.

Bitcoin against gold (#BTC / XAU) has dropped to about 20 ounces, the lowest level since early 2024; meanwhile, the weekly RSI of this ratio is approaching 29.5, entering the oversold zone, close to a three-year low. Historically, when RSI reaches this range, it is often accompanied by bear market bottoms, and analysts believe that Bitcoin may be undervalued, possessing a certain rebound potential. However, if key support is lost, the trend still poses a risk of weakening.

From an on-chain structure perspective, the 70,000-80,000 USD range is seen as important support, especially the concentrated chips in the 75,000-80,000 USD range. If it can hold, a short-term rebound may occur, providing upward momentum for the future market; if it breaks, it could trigger a larger downward movement, leading to further deterioration in the overall sentiment of the crypto market, accelerated capital outflows, and increased volatility. Therefore, investors should pay attention to the maintenance of support levels and changes in RSI oversold signals when positioning, to determine whether to enter a buying window.