$BNB

👀 Crypto Market Overview

〽️ Feels like we’ll keep drifting sideways between $95k-$99k until the new year.

🪙 BTC is trading around — $96,626

🔷 ETH is hovering around — $3,409

📈 Biggest gainer in 24h — BGB +23.55%

📉 Biggest drop in 24h — PENGU -12.43%

📊 Indicators:

😨 Fear & Greed Index — 74

💲 Altseason Index — 45

📈 Long/Short Ratio — 48/52

💰 Total Market Cap — $3.29T

👑 BTC Dominance — 58.11%

💵 BTC-ETF outflows have stopped. Yesterday, $475M flowed into BTC-ETFs, while ETH-ETFs saw $117M in inflows.

🪙 Jeff Park, head of Bitwise, estimates only a 10% chance of the US creating a BTC reserve by 2025.

📄 Strive, a company linked to Trump, has filed for a Bitcoin Bond ETF.

🤖 TapSwap announced its listing will happen on January 23, 2025.

👮 Two former top executives of Bithumb received prison sentences for bribery during token listings.

💸 On Deribit, a record BTC and ETH options expiry worth $18.3B is set for today.

🔮 Forecast:

Currently, there’s a chance of a bounce back to $99k, but it’s better to wait for a solid break above the moving average.