$ETH is also making higher lows on the daily with its RSI showing bullish momentum and the StochRSI also crossing above its signal line. The recent Fusaka upgrade "pump" still seems to be intact but I'll be watching ETF flows closely to see if institutions feel the same. Expect major resistance near 3270 and 3600 with major support near 3030, 2930, 2820, and 2680
$BTC is potentially in a bear flag on the daily but is still making higher lows (which is bullish for now). The RSI is showing good momentum while the StochRSI is also crossing above its signal line. I'm expecting us to at least rise to 93.5k and retest previous resistance before potentially rejecting lower. Major resistance remains 94k, 97k, and 100k with major support at 90k, 88.5k, and 86.2k.
$BTC is stuck inside a bearish flag on the daily chart, and it only invalidates if price pushes above $95,800 and reclaims RSI-50. That whole zone around $96,000 to $97,000 lines up with the golden pocket, so recovering that area is the first real hurdle
The real fight is the resistance pocket from $96,000 to $98,500. Break back above that and price starts reclaiming the blue moving average on the chart, the 50-weekly SMA plotted on the daily. Closing above that level ends the whole ābear marketā narrative and brings actual positivity back into the market š
But as long as $BTC stays below the weekly 50-SMA, every pump gets shorted and the market can only absorb so much sell pressure š„
* Price Action: $ETH is trading around $3,050, with a recent uptick in positive short-term momentum.
* Network Upgrade: The "Fusaka" upgrade went live this week. It improves scalability and lowers costs for Layer 2 networks through a new feature called PeerDAS.
* ETF Update: U.S. spot Ethereum ETFs have seen net inflows return after several weeks of outflows. Additionally, the SEC has approved options trading for these ETFs.
* Fees & Activity: Mainnet transaction fees are moderate, averaging approximately $0.30. The network processes over 1.4 million transactions daily. $ETH
Markets remain cautious amid mixed signals on liquidity and macro risk. The Federal Reserveās surprise hawkish comments triggered concerns, though hopes for a rate cut keep Bitcoin modestly supported. Liquidity injections from the Fed and easing global policies suggest potential for continued rebound but overall sentiment stays wary:
Macro News Events - US Federal Reserve ended multi-year quantitative tightening and injected $13.5 billion in liquidity. - Bank of Japan is preparing a rate hike Dec 18-19th, pressuring Yen carry trades and liquidity conditions. - Surplus Treasury cash (~$90 billion above normal) is likely to improve financing conditions and support risk assets. - White House Advisor Hassett says it's time for the Federal Reserve to cautiously start cutting rates.
Crypto News Events - The Ethereum network is facing validator participation drop and outages post-Fusaka upgrade; Prysm clients advised to disable. - XRP ETFs near $1 billion in inflows, surpassing Solana ETFs in institutional demand. - Bitcoin ETFs saw positive inflows while ETH show negative, further emphasizing the post-network issues. - Twenty One Capital to list on NYSE with ~$4 billion BTC treasury, marking institutional shift in Bitcoin exposure.
Upcoming Events - Dec 10th - FOMC Meeting - Dec 10th - CPI Data - Dec 11th - PPI Data - Dec 11-13th - Solana Breakpoint - Dec 16th - Nonfarm Payrolls - Dec 18th ā Bank of England MPC Meeting + Rate Decision - Dec 18-19th - Bank of Japan Policy Meeting - Dec 30th - FOMC Minutes
Summary āļø The crypto market is digesting a mix of supportive liquidity injections and technical vulnerabilities particularly in Ethereum post-upgrade. Bitcoinās recovery remains fragile, weighed by mixed ETF flows, bearish warnings, and macro uncertainty but underpinned by low exchange supply and institutional interest. XRPās strong ETF inflows highlight shifting institutional attention, while Ethereumās network issues pose near-term challenges amid longer-term tokenization optimism. Overall market tone is cautious but bottoming signals are increasingly cited as we near another rate cut Dec 10th.
š BTC Analysis š $BTC continues to make higher lows on the Daily, although we still have bearish divergence on the StochRSI with it slightly overbought, but it should finish playing out over the next few days + the RSI is starting to curve to the upside. As long as we can maintain a daily close above 86.4k for a higher low, I remain bullish. Major support is 86.7k and 84.7k while major resistance is 94k-96k.
š ETH Analysis š $ETH is still playing out its bearish divergence as well but is technically still within its double bottom pattern if it can hold above 3030. The RSI is slightly flat, indicating indecision, so I would expect more chop over the next few days, especially as the issues with the Fusaka upgrade get resolved. It's the weekend so be mindful of heightened volatility in both directions. Major support remains 2930, 2820, and 2680, while major resistance remains 3270 and 3500-3600.
$BTC shows neutral to bullish EMA signals with price at $89,730 above key short-term EMAs but below 50-day ($99,824) and 200-day ($109,379) averages, indicating consolidation in a downtrend relative to longer periods.
Current Metrics.
BTCās dayās range spans $89,161 to $89,812, with a market cap of $1.77 trillion and 24-hour volume at 47 million BTC. It sits below the 50-day MA of $99,824 and 200-day MA of $109,379, signaling potential longer-term resistance.
Technical Outlook.
Price compression below $95,000 hints at a larger move, with key support at $86,000ā$85,000 and resistance near $91,500ā$93,000. Forecasts suggest a December range of $80,000ā$96,000, averaging $89,000ā$92,000, with upside to $110,000 on bullish momentum.
Market Sentiment
Improving liquidity and macro shifts point to a potential December recovery, though historical medians show modest 1.69% gains. Watch $86,000 for rebound signals toward $100,000 post-consolidation.
The market has shown signs of stabilization following a volatile month that saw a $600 billion wipeout from the total market cap. Trading volumes dipped 33% to $82.19 billion over the past 24 hours, reflecting reduced activity as many digest macroeconomic headwinds and await key U.S. economic data like the upcoming PCE inflation report. Sentiment remains in "Fear" territory, with the Fear & Greed Index stuck between 20-28 (down from a late-2024 peak of 84 "Extreme Greed"):
Key Metrics and News Items on My Radar - The Fedās anticipated $6.6 trillion December balance sheet flip could trigger a major shockwave across the markets. Powellās December 1st speech is shaping up as a critical catalyst for price direction. - Discussions have centered on Tether's aggressive BTC/gold buys as a hedge against potential Fed rate cuts, with Arthur Hayes calling it an "interest rate trade" that could expose USDT to solvency risks if BTC drops 30% - Broader chatter highlighted whale accumulation (e.g., >1,000 BTC holders buying the dip) and optimism around institutional pilots like New York's USDC-based UBI trial. - Miner data points to a local BTC bottom near $80K as miners hit an underpaid regime, historically a strong buy signal, setting the stage for potential sustained uptrend continuation. - JPMorgan launched a leveraged structured note tied to BlackRock's IBIT ETF, offering 1.5x upside through 2028 with downside protection (unless >30% drop). This marks a pivot from past anti-crypto rhetoric, signaling Wall Street's bet on a 2026 BTC rally to $170K-$240K. - Gold continues to outperform crypto in liquidity and trust for institutional flows, challenging the safe-haven narrative around Bitcoin.
š $BTC Analysis š
Bitcoin continues to hold above $90K with support clusters near $86,000ā$88,000 and key short-term resistance between $93,000-$96,000. The daily StochRSI is still in overbought territory but the RSI is still fairly low, so any pullback will be for buying.
š $ETH Analysis š
ETH continues to face volatility near $3,000. Key support sits around $2,820ā$2,930 and $2,650, with strong resistance at $3,050 and $3,270. Its daily StochRSI is overbought, but just like with BTC, any pullback will be for buying. I have my bids set at major support levels and am exercising patience. A break above $3,050 and we will see much higher.
Look at the strength! $SOL L is confirming itself as the strongest major Altcoin, holding support like a champion and ready for a fresh leg up. Institutional ETF inflows are pouring into SOL, setting the stage for a push to the next major resistance cluster. We've consolidated perfectly; the coil is tight. A break above the current range will send SOL flying toward $150 and beyond. This is where Altcoin momentum is born!
Entry$139 ā $142 TargetsT1 $148, T2 $155, T3 $165+. Stop-Loss$135
Don't overthink this one. The narrative is strong, the chart is clean. Maximize your profits on the next Altcoin rotation.
ETH is back on the offensive! $ETH just reclaimed the critical $2,900 pivot point and is now challenging major weekly resistance! The institutions are loading up, and the 'Fusaka' upgrade tailwind is kicking in. This breakout is not just a bounceāit's the market preparing for the $3,200 test. Our setup is clean, and the volume confirmation is HUGE. Don't let fear make you miss the run to the top of the range.
Guys⦠$BNB is entering explosive momentum right now! š
The Real-World Asset (RWA) narrative is fueling this surge, and the chart has broken every short-term resistance. We are ready to hit the psychological $1,000 barrier quickly. Before all higher targets smash, open your long positions timely. Moves like this don't wait........
š„ Title: INSTITUTIONAL FLOW: Why $ETH Is a Dec 2025 'Fusaka' Play.
The next major Ethereum upgrade is officially scheduled for early December: Fusaka!
This is a massive catalyst for institutional adoption, not just a technical fix:
1. Scaling Boost: Fusaka implements Verkle Trees & PeerDAS, which drastically lowers data load and transaction costs for Layer 2s (Arbitrum, Optimism).
2. L2 Firepower: Itās a direct unlock for all Layer 2s, improving throughput and making Ethereum the undisputed core for tokenized assets and TradFi projects.
3. The Target: Analysts see $ETH price hitting $5,000+ if this upgrade executes smoothly. Whale interest is spiking ahead of the launch.
š„ Title: Altcoin Market: Is the AI Narrative Already Overheating?
A swift correction across altcoins today, but one sector remains robust: AI x Crypto.
1. $DSNT (DeepSnitch AI) saw a 60%+ surge this week, demonstrating capital is still chasing the narrative.
2. The Trend: Funds are rotating out of consolidation plays (like some older Layer 1s) and aggressively into utility-focused AI tokens with clear 2026 roadmaps.
$XRP Just Triggered a Major Breakout Signal. XRP isnāt going to $100K overnight ā but something much more real is happening right now⦠and traders who act early could catch the next leg up.
š„WHATāS CHANGING RIGHT NOW $XRP Spot ETFs are LIVE ā institutional money now has a clean path to buy XRP.Price flipped the $2.12 resistance with strong volume ā first real breakout in weeks.Clear higher-low structure forming around $2.02ā$2.04 ā shows accumulation.
š If XRP holds above $2.23ā$2.25, the trend stays bullish.