Deep Tide TechFlow news, on January 7, Bitwise released the 2025 Bitcoin macro investor report, indicating that the cryptocurrency market faces macro resistance such as profit-taking and reduced institutional exposure in December 2024. The appreciation of the dollar and adjustments in Federal Reserve policy have led to a tightening financial environment, but Bitcoin still receives support from on-chain data.
Despite short-term risks, long-term favorable factors such as Bitcoin halving and strategic reserves support expectations for a significant price appreciation, with projections that it will outperform traditional assets in 2025 and beyond. Although the Federal Reserve's December meeting lowered the interest rate by 25 basis points, it hinted that future rates would be higher than expected. The decline in global liquidity and the strengthening of the dollar put pressure on Bitcoin, whose performance remains correlated with traditional markets like the S&P 500.
On-chain, demand from ETFs, corporate treasuries, and retail investors has created a supply gap for Bitcoin. Although some on-chain activity has cooled, key indicators like declining exchange balances and rising hash rates show that market resilience remains strong.
