Secondary Market Daily Report 20251224

Market Overview The current cryptocurrency market exhibits high volatility and strong speculative characteristics. Although the S&P 500 index reached a new closing high, the crypto market was affected by liquidity contraction, with BTC briefly dropping below $87,000 during trading. The market is in a typical low-liquidity trap during Christmas week, with over 80,000 liquidations across the network within 24 hours. Short-term direction still depends on regulatory developments and economic data during Christmas week. While long-term technical potential exists, short-term risks of market crashes should not be ignored.

Mainstream Coins BTC In the short term, facing dual pressures from retail selling and institutional deleveraging. Although the optimized GOAT Rollup solution with BitVM2 successfully reduced on-chain data load, boosting scalability expectations, and ETF outflows are approaching historical reversal lows, there is still no clear signal of stabilization. It is recommended to monitor the key support at $85,000 and avoid blind entries during the liquidity-scarce holiday period.

ETH Supported by institutional buying (such as continuous accumulation by Bitmine) and possessing core advantages in RWA and tokenization infrastructure. However, limited by overall market low liquidity, short-term volatility is constrained, and caution is needed against profit-taking pressure from application-side holders. Currently in a quiet phase, long-term investors can watch for opportunities brought by institutional adoption for a slow bull run, but avoid excessive leverage in the current volatile market.

SOL Has short-term bullish catalysts: Coinbase has officially supported SOL deposits and withdrawals via the Base network, significantly enhancing its asset liquidity within the Base ecosystem. Additionally, UPEXI plans to raise $1 billion through a shelf registration for Solana’s financial strategy. It is advised to observe whether these fundamental positives can trigger a partial rebound during the liquidity drought at year-end.

BNB Short-term downside risk exists due to holiday liquidity scarcity and no clear signs of stabilization yet. However, long-term positives are accumulating: corporate strategic reserve buying expectations and progress in BNB Chain’s privacy infrastructure support the fundamentals. It is recommended to stay on the sidelines for now and look for entry points after liquidity recovers post-holiday.

Popular Coins Dynamics HYPE Has bullish momentum: The Hyperliquid token burn proposal, valued at $1 billion (about 37 million tokens), has entered the validator voting stage (ending December 24). Whale 0x72b23 recently invested $12.1 million to increase holdings, demonstrating core players’ confidence in supply reduction. If approved, the deflationary effect from the burn will establish a strong bottom.

AAVE Faces short-term bearish risks: Due to escalating disputes between Aave Labs and DAO over brand asset ownership, the token price dropped over 18% in a single week. Although founder Stani purchased $12.6 million worth of tokens to show support, a hastily conducted governance vote during Christmas has caused community dissatisfaction, potentially prolonging the governance deadlock and adjustment period.

SUI Has a technological moat: Its decentralization level surpasses some competitors, and Ferra’s smart liquidity layer significantly reduces trading friction. The development focus in 2026 combined with institutional-grade infrastructure supports long-term value. In the short term, watch the $1.37 - $1.55 liquidation zone; early participation in Ferra liquidity provision may present arbitrage opportunities.

ZEC Short-term trend is weak, with a retest of low support levels. However, as a long-term hedge against the broad decline of altcoins in 2026, research institutions believe it has anti-regulatory premium during mature structured market phases. It is recommended as a core holding in the privacy sector rather than a short-term trading target.

The above information is automatically generated by @xhunt_ai and does not constitute investment advice.