Bitcoin lost multiple critical support areas as data show short-term investors holding on to capitulation-level losses, raising fears of a deeper breakdown in BTC price.
Strategy moves $5.7 billion in Bitcoin as its net asset value to its Bitcoin holdings drops below one for the first time, sparking valuation concerns amid marketwide speculation.
Bitcoin’s recent weakness mirrors broader economic uncertainty, as unreliable economic data and shifting expectations on US growth and policy cloud investor confidence.
Ether’s struggle to reclaim $4,000 is the result of weakening onchain activity, a decline in fees and competition from Solana, BNB Chain and upcoming altcoin ETFs.
Bitcoin is turning into a savings-focused asset while Ethereum is becoming a high-velocity utility engine, a split that some analysts say is an emerging structural risk.
Bitcoin data forecast the drop to $98,000 as key supports failed to generate hefty buying from bulls, and futures traders saw their long positions liquidated.
Unknown whales continue to increase their Ether exposure as technical indicators suggest a short-term ETH price rally to $4,000.
Bitcoin whales doubled down on their BTC purchases, but long-term holder selling and resistance above $106,000 curtailed a potential recovery to $110,000.
Ether neared a falling wedge breakout, eyeing a potential rally toward $4,400 by mid-December if the bullish setup is confirmed.
XRP analysts are still confident of a bullish continuation with targets from $10 to $30 for cycle tops, fuelled by multiple tailwinds.