The current cryptocurrency market is a solo joy for Bitcoin, while other coins are facing hellish difficulty; too many won't work, and too few won't work either.

Now, when Bitcoin drops by 1 point, the little brother drops by 5 points; it's really a Bitcoin bull market, not a shitcoin bull market. Are retail investors being overly sentimental? Bitcoin doesn't pull back, it just keeps soaring.

From today's technical movements, BTC shows a daily top divergence, indicating a phase of peak range, but smaller timeframes still remain very strong.

ETH has seen a surge; recently, large funds have been aggressively buying ETH. Currently, there are 104 whale wallets holding at least 100,000 Ethereum, which collectively account for 57.35% of all existing Ethereum.

Market news:

1. The Federal Reserve will announce its interest rate decision on December 18.

2. FTX's $16.5 billion repayment plan is scheduled for January 3, with the first payment to be made within 60 days.

3. MicroStrategy will officially join the Nasdaq 100 index on December 23, 2024.