Just took a deeper look at the markets on Christmas Eve – it's that typical end-of-year vibe with lower volume and some selling pressure.
#Bitcoin has pulled back a bit more today. It briefly touched below $87K earlier but is now sitting around $87,800 (down about 1.8% over the past 24 hours). Ethereum is down harder at roughly 3-4%, trading near $3,250. Most altcoins are in the red too – Solana, XRP, and Doge all down 4-6%. Total crypto market cap has dipped to $3.02 trillion. Nothing alarming, just classic tax-loss harvesting, thin liquidity because of the holidays, and traders locking in profits before year-end. No fresh negative catalysts – macro side is quiet with markets closed tomorrow.
A few quick highlights:
On-chain data shows whales are still accumulating quietly. Spot ETF inflows remain positive this week despite the dip.
Analysts are mixed: Some calling for a Santa rally bounce into $90K+ before New Year, others saying we might consolidate in the $85K-$90K range until January when fresh capital usually flows in.
BlackRock and Fidelity continue to push BTC heavily in their 2026 outlook reports – they're naming crypto as one of the top macro themes alongside AI and rate cuts.
Binance updates: Today they're activating several new spot pairs (ADA/USD1, KGST/USDT, etc.) and some trading bots. Also, it's literally the final day of the #MerryBinance Christmas Calendar – if you haven't claimed today's mission rewards yet, jump in quick! Over $1.8M in prizes shared so far.
Macro reminder: That November US jobs report from a week ago (only +64K jobs added, unemployment up to 4.6%) is still weighing a little on risk assets. It's the weakest print in years and signals the economy is cooling faster than expected. Fed rate cut odds for early 2026 have ticked up slightly because of it. December jobs data comes out first week of January, so that'll be the next big mover.
Overall, feels like a healthy breather after the massive run we've had this year. Long-term picture hasn't changed – institutional adoption keeps growing, halving effects still playing out, and 2026 setups look strong. Perfect day to step back, enjoy time with family, and not stare at charts every minute.
Merry Christmas to everyone in the community! Stay safe out there and see you on the other side of the holidays 🎄🚀
#Crypto #Ethereum #Binance #MerryChristmas $ETH
