Market Key Analysis Summary:

Bitcoin (BTC) Daily Divergence:

Currently in a phase of a top range, but small levels remain strong.

The bull defense position is at $103,333; if this position is broken, a pullback may occur.

Ethereum (ETH) Explosion Expectation:

Recently, large capital has begun to buy ETH in large quantities, with key hanging units at 2943 and 2913, with a large position (5.5).

The defense position is set at 3884, and ETH is expected to usher in a strong rise.

Whale Holding Situation:

Currently, there are 104 whale wallets holding at least 100,000 Ethereum, and the total holdings of these wallets account for 57.35% of all existing Ethereum.

These whales are gradually selling BTC and increasing their positions in ETH, which may be a significant signal for the market.

Solana (SOL) Poor Performance:

In the coming months, SOL faces significant unlocking selling pressure, starting from December 18, with 0.01% of the supply unlocked daily, which may lead to further price pressure.

Federal Reserve Interest Rate Decision:

The Federal Reserve will announce its interest rate decision on December 18, and investors should pay attention to the market reaction this Thursday, which may have an important impact on market sentiment.

Bitcoin Sideways Fluctuation:

Bitcoin is in a sideways fluctuation phase, but funds may begin to flow into Ethereum. It is expected that after ETH rebounds, it will drive the altcoin market's explosion.

FTX Repayment Plan:

FTX will start its repayment plan on January 3, 2024, with the first payment expected to be completed within 60 days. The implementation of this plan may affect sentiment in the crypto market.

MicroStrategy Joins Nasdaq 100 Index:

MicroStrategy will officially join the Nasdaq 100 Index on December 23, 2024, becoming a new focus for crypto asset investors and potentially having a positive impact on cryptocurrencies like Bitcoin.

Summary:

The current market is showing a fluctuating trend, but ETH's strength and the whales' increased positions suggest a strong upward signal. Against the backdrop of Bitcoin's sideways consolidation, the trend of ETH's rebound may drive the altcoin market's surge. In the short term, pay attention to interest rate decisions and SOL's unlocking pressure, while in the long term, focus on ETH's capital inflow and the adjustment of Federal Reserve policies.