2025-12-31 15:23:48

On the last day of 2025, the cryptocurrency market closed with weak volatility.

Bitcoin has yet to break through the $87,000-$88,000 range, and throughout December, it mostly hovered around $85,000-$90,000. If you ask whether there was a "year-end rally," honestly, there wasn't—such traditional holiday effects simply don't exist here. Ethereum performed even worse, fluctuating around $2,900-$3,000 with no real upward movement. The total market capitalization of cryptocurrencies is about $3 trillion, a clear retreat from the year's highs.

From the data, Bitcoin's year-end price is around $87,600, down more than 30% from its peak earlier this year. Nevertheless, the mid-term technical structure remains intact. Ethereum experienced multiple rapid declines in December, reflecting market funds actively avoiding high-risk assets. The most interesting aspect is the trend in the derivatives market—large-scale liquidations occurred consecutively at the end of the year, with the largest single-day liquidation approaching $1.9 billion, indicating that significant leverage positions had accumulated.

On the funding side, some capital has started flowing into traditional safe-haven assets like gold, naturally weakening the incremental buying in the crypto market. However, institutional investments in compliance frameworks and infrastructure continue, which is a positive sign.

How to view this phase? I think it’s more like a correction within a structural bull market rather than the start of a new bear market. Macroeconomic uncertainties combined with leverage reduction temporarily suppressed prices, but in turn, this has made the market structure healthier. Liquidity is inherently weaker in the short term, and price volatility may amplify, but there is still support around 87k. Any rebound would likely be a correction rather than a sign of strong optimism.

Looking ahead, as leverage risks gradually clear, stablecoins, RWA, and institutional participation are expected to remain key drivers of the market. The prudent approach now is to control positions, reduce emotional trading, and patiently wait for the trend to be reaffirmed.

The above is just my personal analysis and does not constitute investment advice. Market risks are your own responsibility.

BTC1,64%

ETH1,66%

RWA2,41%

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DuckFluff

· 2025-12-31 15:53

87k dead stop, no real market movement. --- It's another round of deleveraging and liquidation, serves those leverage trolls right. --- Let's wait and see, the rebound should just be a correction, don't get too excited. --- Funds are flowing into gold, indicating some hesitation. --- The structure hasn't broken, I can still accept that. Just adjust as needed. --- 19 billion in a single day of liquidation, someone must be wiped out. --- Patience is still needed until 2025, keep your positions under control. --- Ethereum's performance is really disappointing. --- Institutions are still investing in infrastructure, which is a good sign. --- 87k has support, don't mess around in the short term.

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GweiWatcher

· 2025-12-31 15:53

Is it really true that there's no market movement during the New Year, or should we wait until leverage is completely cleared?

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ChainPoet

· 2025-12-31 15:52

87k deadlock, let's see who kneels first --- $1.9 billion liquidation in one day, leverage heroes, Happy New Year --- Year-end market? Ha, there's no such thing here --- Institutions are still pouring money into infrastructure, at least someone believes --- Is it a correction or a bear market? Anyway, I already halved my position --- Wait, why is ETH still lying around 3k --- Funds are flowing into gold, crypto liquidity is indeed awkward --- The structure is healthy but the price looks terrible, a bit ironic --- Deleveraging hurts, but after the pain, maybe that's the real market --- As long as the 87k support doesn't collapse, a rebound is a sign of market, I no longer have high expectations

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AirdropF5Bro

· 2025-12-31 15:50

It dropped again, unable to break through the 87k barrier no matter what.

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ZenChainWalker

· 2025-12-31 15:40

Another year ends, and the crypto world is still the same old routine. Deleveraging and clearing out is a good thing, saving us from a potential explosion later.

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