๐ Crypto Market Review.
ใฝ๏ธThe first quarter of 2025 could be quite interesting.
๐ Indicators:
๐จ Fear and Greed Index โ 72
๐ฒ Alt Season Index โ 47
๐ Long/Short Ratio โ 51/49
๐ฐ Crypto Market Capitalization โ $3.22 trillion
๐ Bitcoin Dominance โ 58.10%
๐ต Yesterday, spot BTC ETFs had a total net outflow of $298 million. Spot ETH ETFs had a total net inflow of $47.7 million.
๐ According to Galaxy Research, BTC is expected to break $150k in the first half of 2025 and $185k in Q4. ETH is predicted to reach $5,500.
๐ฏ๐ต The head of Japanese Metaplanet says that this is "just the beginning" of their purchase of BTC on the balance.
๐บ๐ธ The US Tax Service has recognized DEX exchanges and other external platforms as "brokers", requiring them to report transactions with digital assets.
๐ฎ Do Kwon will be extradited to the USA. The Ministry of Justice of Montenegro has issued an order to remove the creator of Terra Luna.
โ๏ธ VolatilityShares has applied to launch SOL-ETF futures.
โ๏ธThe chart does not show the best signals, however, the price is still well held by the support zone. Considering the weekend, we most likely will not see any serious movements. We will have to watch with the opening of the new week. Well, let's hope that there will be no surprises by the end of the year.