Bitcoin failed to successfully retest the yearly open after US sell-side pressure reentered to start the week, keeping volatility firmly in control.
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XRP analysts highlighted the potential to rebound to $2.65 as institutional demand increased and derivatives traders flipped bullish.
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Many analysts say BTC’s rebound is a bull trap, warning its price could fall to as low as $40,000 over the coming months.
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A Santa rally for Bitcoin and risk assets remained in the cards as the markets prepared for the last Fed interest-rate decision of 2025.
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ETH’s price rising to $3,000 drove whales to open 136,433 ETH long bets, as technical indicators suggest a short-term ETH price rally toward $4,000.
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Bitcoin is holding a critical Fibonacci support level, but analysts warned that a break could trigger losses down to April lows of $76,000.
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Bitcoin saw snap downside toward the weekly close with $87,000 back on the radar ahead of an important Federal Reserve interest-rate decision.
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ETF expert Eric Balchunas argued Bitcoin's 17-year track record and multiple recoveries make tulip mania comparisons obsolete despite recent criticism.
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