#ChristmasMarketAnalysis

👀 Crypto Market Overview

〽️ The market is gradually recovering. There’s widespread FUD from new retail investors (hamsters) who entered the market over the past few months. Historically, when hamsters panic-sell, whales buy the dip and trigger a bounce.

🪙 BTC is trading around — $93,946

🔷 ETH fluctuates near — $3,396

📈 Biggest gainer of the day — VIRTUAL +22.22%

📉 Biggest loser — FTM -6.64%

📊 Indicators:

😨 Fear & Greed Index — 73

💲 Altseason Index — 51

📈 Long/Short Ratio — 51/49

💰 Total Market Cap — $3.22T

👑 BTC Dominance — 57.69%

😇 Apollo Global Management claims the Fed may raise interest rates in 2025, with a 40% probability.

🇺🇸 Crypto staking rewards in the U.S. are subject to taxes. Taxes must be paid immediately after receiving staking rewards, not just when selling tokens.

💵 Spot BTC-ETF saw a net outflow of $227M yesterday, marking three consecutive days of outflows. In contrast, spot ETH-ETF recorded a net inflow of +$131M.

✊ Trump appointed former football player Bo Hines as the Executive Director of the “Crypto Council.”

👺 Due to North Korean hacker activities, Hyperliquid recorded a $250M outflow in one day. In 2024, North Korean hackers stole $1.34B in crypto, up 103%.

🇨🇦 Canadian public company Matador Technologies (MATA) announced a shift to the BTC standard and started buying Bitcoin for its corporate balance sheet.

🤑 Crypto.com launched institutional crypto custody services in the U.S. as part of its expansion strategy.

🕕 MicroStrategy will hold a shareholder vote on issuing $10B in new shares to purchase more Bitcoin.

🪙 U.S.-based company La Rosa Holdings has started accepting BTC payments for real estate agents.

🔮 Forecast:

We’re hovering around the 100 MA, which is holding prices from further dumping. With holidays approaching, Bitcoin’s activity may slow, while altcoins could trend upward if BTC consolidates sideways and its dominance continues to decline.