【币界】又到了考验时刻。12月26日，超236亿美元的比特币期权即将到期，而这轮期权的"最大痛点"正好卡在96,000美元附近——这个价位对多空双方都是关键。
眼下的情况有点微妙。美国现货比特币ETF的资金外流已经缩到年内低位，这多少反映了机构入场的热度在降温。价格这边呢，比特币在87,106美元上下震荡盘整，上方压力在90,647美元，下方支撑守在83,986美元。
说实话，这个区间有点考验人的耐心。期权到期前的波动往往不小，得看机构怎么操作，期现货之间的博弈也在暗处较劲。多空双方都在这个96,000美元的关键点上眼红，谁能拿下这里，后续的走向可能就有戏了。

【CryptoWorld】DOGE's recent 4-hour candlestick trend is worth noting. The price has risen compared to 04:00 on December 24 but has slightly pulled back from 00:00, showing an overall pattern of rising and then retreating. It has rebounded compared to 12:00 on December 23 but remains in a downtrend from 00:00 to now, with a clear large bearish candlestick. The last candlestick turned into a bullish one, closing above the opening price, indicating a rebound by the bulls.
Market volume performance is not optimistic—trading volume has been continuously shrinking in recent hours, and market enthusiasm has significantly declined, with trading activity remaining low. This creates a divergence between price and volume, making the market appear somewhat dull.
From a technical indicator perspective, the MACD signal shows positive changes. Although the histogram is still negative, it is gradually shortening, indicating that the bearish momentum is weakening and the bullish forces are strengthening. Regarding the KDJ indicator, no obvious golden or death cross signals have appeared; the current KDJ value is about 14, in the oversold zone.

【币界】链上监测数据显示，一个以太坊早期ICO钱包在沉寂了超过十年后，最近有了大动作。这个钱包地址(0x3495)刚刚把所有2000枚ETH一股脑儿转到了新地址，总价值约585万美元。
看这账本就知道，这位早期参与者当年在ICO时只砸进去了620美元。那时候以太坊刚问世，很多人都没把它当回事。但这次转账告诉我们——这笔投资回报达到了惊人的9435倍。从数百美元到数百万美元，十多年的耐心换来了这样的结果。
这样的故事在加密市场里总是引人深思。早期的赌注有多大的收益潜力，同时也考验着持有者的心态。这笔资产的转移，可能预示着这位长期持有者的下一步行动。

Institutional analysis suggests that the price trend of the crypto market is mainly influenced by capital inflows and outflows, rather than use cases or adoption rates. For example, the Ethereum ETF market indicates that capital flow is highly sensitive to price fluctuations, and understanding the patterns of capital movement is essential to predicting future market trends.

Indian law enforcement agencies have recently launched a large-scale crackdown on money laundering cases, raiding multiple locations and dismantling networks of fake cryptocurrency investment platforms. These platforms use celebrity images and fake websites to attract investors with promises of high returns, then launder money through complex methods. Authorities have issued investment risk warnings against some of the involved websites, alerting investors to beware of scams.

[Coin World] Bitcoin short-term has once again staged a pullback. Just now BTC fell below the $87,000 mark, currently hovering at $86,991.60, with a decline of 0.52% since today.

[Coin World] According to the latest monitoring from the on-chain data tracking platform, a large-scale Bitcoin transfer has just come to light. Trump Media Group transferred 2000 BTC from its wallet address less than eight hours ago, with a market capitalization of approximately $175 million. Such large on-chain operations usually attract market attention—after all, these whale-level Bitcoin movements often indicate a change in the holder's intentions. Whether for liquidity allocation or other strategic considerations, this transaction has left a clear footprint on-chain, providing monitoring agencies with another data point worth observing.

[Coin World] The sentiment data on December 24 has refreshed our understanding — the fear and greed index of the crypto market remains at 24, unchanged for two consecutive days. What does this number mean? In simple terms, it indicates that the market is caught in a vortex of extreme fear. The mindset of investors at this moment is understandable — some are cutting losses, others are waiting, and no one dares to act rashly. From on-chain data to market sentiment, everything seems to explain the depth of this adjustment.

The demand for electricity from Bitcoin Mining Farms and AI data centers remains strong, with the valuation of quality electricity assets reaching as high as $400,000 to $550,000 per megawatt. Despite adjustments in the AI industry, core business demand remains stable, keeping the attractiveness of electricity assets intact, and a wave of mergers and acquisitions is expected to continue.

Institutional investor Fasanara Capital recently purchased 6,569 ETH in a short period and deposited it into the DeFi platform Morpho to lend out 13 million USDC, in order to continue increasing their holdings of ETH. This leveraged operation demonstrates their bullish confidence in the market.

[Chain News] The Resolv protocol recently made a big move. This project focused on Hedging has officially entered the altcoin track and has just launched the "Altcoin Cluster" new cluster. The first batch supports two assets: HYPE and SOL—indicating that the team is serious about their work.
How to hedge? The core logic is quite clear: by connecting to the derivatives markets of Binance and Hyperliquid, you build positions on both sides, maintaining delta neutrality. What are the benefits of doing this? On one hand, you hedge against risks, and on the other, you can also earn high returns and staking rewards within the altcoin ecosystem. In simple terms, you earn excess returns without fearing directional risks.
This set of gameplay is still quite attractive to altcoin traders—deeper liquidity and more controllable risk exposure. We will have to see if Resolv can promote this mechanism on more altcoins.

The recent BTC trend is complicated, with a weakening momentum for long positions in the short term, a decline in trading volume, and insufficient market activity. Technical indicators show that bearish strength is increasing, and there may be pressure in the short term. It is recommended to follow specific buy and sell points and support levels, and to operate cautiously.

Bitcoin's recent market performance has fluctuated, dropping from a 65% market share in June to 57% in September, and now stabilizing around 59.27%. Analysts point out that funds are flowing back into Bitcoin, with institutional investors such as BlackRock's ETF attracting $25 billion in capital, indicating that Bitcoin's recognition as digital gold and its market dominance are still strengthening.

The stablecoin payment market in the Ethereum ecosystem is undergoing a transformation, with microtransactions being frequent but accounting for a low percentage of the total amount. The significant rise in B2B and P2B transactions indicates that stablecoins are gradually becoming the infrastructure for large commercial settlements, particularly with payments from consumers to businesses driving their development.

[Coin World] A project has just completed its public presale phase today (December 23). The presale price for this project, BTCM, was set at $0.015, and it has officially closed now. According to official information, the total supply of tokens is permanently locked at 21 million, and all of these tokens have been distributed, with over half, approximately 53%, sold through this round of presale.
The next highlight is the official launch of the network on December 28th. After going live, holders can participate in staking to earn rewards. The project team estimates that the annualized return in the first year will be in the range of 18% to 25%. For those who are optimistic about this type of project, this level of return is quite attractive.

[Crypto Assets World] In the last week, the performance of Aave's Token AAVE has not been great, with a fall of 18%, making it one of the worst performers among mainstream Crypto Assets. What is the culprit behind this? To put it simply, it is the unclear situation regarding protocol branding and domain control, as well as the lack of consensus in the governance layer, leaving investors feeling uncertain.
From on-chain data, it appears that a large holder couldn't sit still and sold off about 230,000 AAVE in a short period, which is approximately 35 million US dollars when converted to Renminbi. This wave of selling has directly intensified the downward pressure on the market. However, interestingly, Aave's founder Stani Kulechov went against the trend and continued to invest during the price drop, purchasing about 12.6 million US dollars worth of AAVE, showing considerable confidence.
However, the founder's actions ultimately failed to halt the decline. The market's reaction was very straightforward—uncertainty regarding the potential consequences of this governance dispute.

The Ghanaian Parliament has passed the Virtual Asset Service Provider Bill, recognizing the legitimacy of cryptocurrency trading and requiring institutions to sign up. The Central Bank plans to explore digital settlement tools by 2026, including gold-backed stablecoins, demonstrating an open attitude towards Web3 assets, aimed at improving the domestic financial system and having a significant impact on African crypto policies.