The "Santa Rally" is facing a cold front. Despite Bitcoin’s massive run earlier this year toward $120k+, we are seeing a tactical retreat as BTC consolidates near the $87k–$88k mark. The real signal isn't just the price dip; it's the divergence in ETF flows. While IBIT saw minor outflows this week, long-term whales are quietly absorbing the sell-off from retail "weak hands" who are panicking over year-end volatility.

We are currently in a "regime of patience." Liquidity typically thins out during the final weeks of December, making the market hypersensitive to small sell orders. However, the RSI is dipping into oversold territory, suggesting the current bearish exhaustion could be the foundation for a January rebound.

Takeaway: Don't mistake a seasonal liquidity squeeze for a structural trend reversal. Watch the $85k support level closely.

What’s your move—stacking more or watching from the sidelines today? 👇

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