As 2025 draws to a close, crypto markets are showing mixed signals: while Bitcoin struggles to maintain key levels, Ethereum whales are buying with confidence, and altcoins like XRP and Midnight (NIGHT) are painting diverging pictures.
π Bitcoin Slips Below $90K Amid Market Sell-Off
Bitcoin (BTC) has dropped to below $88,000, continuing its 24-hour dip of 1.24%. According to CryptoNews, the broader market sell-off is driven by a risk-off mood, causing concern ahead of the new year.
While long-term BTC holders are slowing their selling activity, as reported by NewsBTC, the market remains volatile. Bulls are hoping this pause in selling may support a reversal. However, analysts like Peter Brandt warn of a potential retest of lower support before any significant move upward. Others, like Tom Lee, remain optimistic, forecasting a possible BTC surge toward $200K in 2026. (source)
π Ethereum Whales Accumulate as ETH Tests $2,300
Despite a 1.58% drop in ETH price to around $2,300, whale wallets are steadily accumulating Ethereum tokens. This strategic accumulation could be a sign of growing confidence in Ethereumβs mid- to long-term prospects, according to NewsBTC.
Although prices remain under pressure, this buying activity from large holders could act as a buffer and potentially drive price support in the coming sessions.
β οΈ XRP Faces Potential 41% Breakdown Despite Strong Buying
XRP is trading near $1.86, down 2% over 24 hours and nearly 15% for the month. Despite widespread accumulation among XRP holders, technical patterns indicate a looming 41% crash risk if XRP fails to break its bearish channel. The setup, according to BeInCrypto, is unusual given the bullish wallet activity.
Traders should watch for key resistance at $2.00 and a potential breakdown below $1.60, which could confirm the bearish trend continuation.
π Altcoin Watch: Midnight (NIGHT) Approaches All-Time High
In contrast to the broader pullback, Midnight (NIGHT) is gaining traction with rising volume and bullish momentum. According to BeInCrypto, NIGHT is trading near its record highs with buyers dominating 52% of volume.
This trend suggests resilient investor interest, and if the current momentum holds, NIGHT could test and potentially break its all-time high in early 2026.
π Market Sentiment: Mixed Signals Heading Into 2026
As we head into 2026, the crypto market is flashing conflicting signals. While some analysts predict a massive upswing for Bitcoin, others caution against over-optimism:
- πΊ Tom Lee sees BTC rallying to $200K
- π» Peter Brandt warns of a potential downward retest
- π YoungHoon Kim interprets dips as temporary manipulations
Investors should stay alert and reassess their strategies as volatility is expected to persist.
π§ Actionable Insights
- Bitcoin: Watch $88K and $85K as key support levels. A rebound could depend on macro sentiment and whale behavior.
- Ethereum: Whale accumulation suggests confidence. A break above $2,500 could trigger bullish continuation.
- XRP: High crash risk despite buying urges caution. Monitor $1.60 support closely.
- Midnight (NIGHT): Bullish momentum may lead to a breakout. Consider small-cap exposure if risk appetite allows.
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