On Christmas Day, staring at the market feels a bit strange—Bitcoin is obviously stable around 87k, yet Binance's USD1 trading pair suddenly crashed to 24k, scaring people. The truth is that holiday liquidity is too thin; a single order can penetrate the order book, and the real price hasn't moved at all, it quickly returned. Such low liquidity wicks are quite common during holidays, reminding everyone not to place heavy bets on obscure pairs, as it can easily lead to being shaken out.
Throughout December, Bitcoin has basically been stuck oscillating between 85k-93k, with some outflows from the ETF, and institutions seem to be waiting for more stable signals, while retail hasn't shown much firepower. Market depth has thinned by 30% compared to peak times, making large orders prone to amplifying volatility. In the short term, we may still need to digest this, but in the long run, institutional accumulation hasn't stopped, and regulation is gradually becoming clearer. After this phase of low liquidity adjustment, it often leads to a time when funds flow back in.
To be honest, looking at these years' cycles, sideways movements are the most frustrating, but they also require the most patience. It's not about predictions; it's about observing reality.
The most interesting thing during the holidays is still those low-key people doing their jobs. CZ is now fully invested in education and charity; Giggle Academy has allowed tens of thousands of children to learn for free, which is quite heartwarming. By the way, check out the Max community; there are many real stories, @Max Charity is worth a look.
Merry Christmas everyone, spend quality time with your family, and the market will be waiting for us to return to battle.
Today is Christmas, and the crypto market is as quiet as it is during hibernation. Bitcoin is still hovering around 87k, and throughout December, it has basically been stuck in the range of 85k-90k. Yesterday, on Christmas Eve, it suddenly crashed to 24k on the USD1 pair on Binance, which scared a lot of people. In fact, it was just a lack of liquidity during the holiday; a large order broke through the order book, and the real market price didn't move at all. After recovering, it remained stable at 87k-88k.
In contrast, the stock market is hitting new highs, and gold has risen over 70% this year, leaving Bitcoin in a bit of an awkward position. ETFs have been continuously flowing out lately, and it seems institutions are waiting for clearer signals, while retail has shown little enthusiasm during the holiday. In the short term, there might still be some volatility after options expire, but it's quite normal to consolidate sideways—institutions are quietly accumulating, and the regulatory environment is slowly improving.
Personally, I think this adjustment is not a bad thing; the market always has cycles, and times of fear are often times for accumulation. When liquidity returns, the rebound is usually significant. I'm not calling trades; I've just been bullish over the years, and being realistic is more stable.
During the holiday, it's worth noting that CZ is now focusing on education and charity. Giggle Academy has already allowed tens of thousands of kids to learn for free, which is quite practical. By the way, the Max community also has many heartwarming stories; if you're interested, you can go check it out @Max Charity .
Merry Christmas to everyone, take a good rest, and the market will always have the next stop.
Recently, the trend of $ETH has been a bit tangled. Everyone is watching the 3000 dollar hurdle, and it's currently hovering around 2900-3000. There hasn't been much activity on Christmas Day, and the trading volume is mediocre. Many people say it is relatively weak compared to BTC, but actually, on-chain data is quite interesting — recently, institutions like Trend Research have accumulated more than 40,000 ETH, bringing their total holdings close to 580,000, making them among the top holders; also, the daily trading volume on the L1 mainnet has reached a new high this year, approaching 2 million transactions, with fees as low as 0.16 dollars. After the Fusaka upgrade, Layer 2 data capacity has doubled, making it smoother to use. These are not hype; they are real network activities warming up.
In the short term, it is stuck on the daily chart at the descending trend line and the psychological level of 3000. If the overall market doesn't drag it down, it might test 3200-3300. However, there has been some outflow from ETFs recently, and institutional sentiment is neutral and cautious, so volatility is definitely unavoidable. I think for ETH, as a fundamental asset, short-term speculation is difficult, but looking at the long-term network upgrades and institutional accumulation logic, it is still worth patiently waiting.
Speaking of which, after CZ was released from prison, he has focused entirely on Giggle Academy, and doing free education is quite down-to-earth. By the way, in a similar direction to educational charity, the Max community is also quietly making efforts, which is quite interesting @Max Charity
What do you think about ETH's trend next year? Come in and chat? NFA, investing has risks.
Recently, the $GIGGLE coin is quite interesting, and everyone is talking about it. However, many people only see the superficial fluctuations. In fact, it is different from most meme coins—the transaction tax is directly converted into donations to support Giggle Academy's free education programs. It's not issued by the official team, but the community-driven charitable mechanism is quite solid.
Looking at the recent trends, after a significant drop from the high point of around $313 in October, it is now fluctuating in the range of $65-80, with transaction volumes still at tens of millions of dollars, indicating that liquidity is not an issue. In the short term, it has formed a potential bullish flag pattern on the 4-hour chart, having previously broken the descending wedge and retested support. If it can stabilize above $70, there may be room for a rebound. However, if the market continues to be weak, it could also easily adjust, as it has strong meme properties and large fluctuations are expected.
Personally, I believe that coins with a bit of public welfare attributes can be speculated on in the short term, but the reason for holding them long-term is more about watching the project materialize. After CZ is released from prison, he is fully committed to Giggle Academy, and doing free education is quite meaningful. By the way, in a similar direction of educational charity, the Max community is also quietly making efforts, which is worth paying attention to @Max Charity
What do you think? Come in and chat about your views? NFA, the market has risks.
Today is Christmas. Opening the community updates, I saw Max and the kids' Christmas greetings, along with that warm picture of Max with Santa Claus, which instantly softened my heart. This series has reached the 21st day; it started as a casual record, but now I look forward to seeing more of these little warm moments every day. No matter how the market fluctuates, these real moments always allow me to pause and feel that it’s truly good to keep going. I will always accompany this effort, always here to help protect this flame of free education with everyone. #max The community is especially warm on Christmas Day, sharing the festive greeting picture of Max and Santa Claus, and also reposting Giggle Academy's Merry Christmas greetings, spreading joy across the global community, bringing love and curiosity during the holidays, allowing children to feel that learning can be as surprising and joyful as holiday gifts, directly lighting up the festive atmosphere in many homes.
Recently, while observing the market, I've been thinking about how Bitcoin and gold, the two "safe-haven champions," are currently in a somewhat asymmetric struggle. Gold has surged over 70% this year, breaking through $4500 an ounce to reach record highs, with central banks rushing to buy, ETF funds continuously flowing in, and a plethora of geopolitical tensions, it feels as stable as taking a tranquilizer. As for Bitcoin, it has dropped from its high of 126k in October and is now hovering around 87k, surprisingly showing a slight loss for the year, behaving more like a risk asset, tightly bound to the stock market, with holiday selling pressure and institutional caution causing it to lag temporarily. Many people are shouting that "digital gold" will replace traditional gold, but in this wave of uncertainty in 2025, gold wins hands down, while BTC is still waiting for its next catalyst. It's not about who lives or dies, but rather different stages each having their own platform; gold is conservative, while BTC is a gamble on the new.
CZ has focused on educational charity over the years, with Giggle Academy's free courses helping many children grow. The Max community is also quietly promoting similar initiatives; those interested can follow @Max Charity , supporting education is quite down-to-earth.
Do you think Bitcoin can outperform gold's performance in 2026? Come cast a vote and chat about it~
Recently, I feel like the cryptocurrency market resembles the quiet streets before a holiday—calm on the surface, but underneath, there are quite a few movements. BTC is currently hovering around 87k-88k dollars. After dropping from the high of 126k in October, it has been stuck in the year-end tax loss selling pressure and thin holiday liquidity. ETFs occasionally flow out, leverage has been reduced, and while the volatility is high, it hasn't completely crashed. ETH is also holding support at around 2900 dollars, while altcoins are quieter, with a total market value hovering around 3 trillion. Gold, silver, and copper are hitting record highs, and it seems that funds prefer traditional safe havens. Over in crypto, everyone is observing, waiting for the new winds to blow in next year. This isn't a bad thing; this kind of cleansing is healthier, and those who endure often emerge stronger.
Over the years, CZ has focused on educational charity. The free courses from Giggle Academy have genuinely helped many children learn something valuable. The Max community is also quietly doing similar things; those interested can check it out at @Max Charity , supporting education is quite meaningful.
What do you think will happen to the market after this quiet period at the year-end? Let’s discuss~
Recently, I feel that the liquidity of Bitcoin is a bit off - the price is now hovering around 87k dollars, and the trading volume during the holiday is as thin as paper, with the order book depth down 30% from its peak. When large orders come in, it easily slips several hundred dollars. Global liquidity is actually hitting an all-time high, with gold and the S&P enjoying the benefits first, but BTC is lagging behind, as if waiting for a liquidation signal. The year-end tax loss selling pressure combined with the expiration of options (on the 26th, the 23b dollar one), short-term volatility is definitely unavoidable, but in this thin liquidity environment, it often takes a sweep of one side of leverage before things really start moving.
It's not pessimistic; it's just that at this stage, being patient and waiting for liquidity to return may be more reliable than chasing highs and cutting losses.
CZ is focusing his energy on educational charity, and Giggle Academy has already helped countless children learn for free. The Max community is also quietly promoting similar initiatives; those interested can pay attention to @Max Charity and support education together, which is quite good.
What do you think will happen to liquidity after the holidays? Let's chat~
Recently, I've been closely watching the ETH market and feel that its current state is quite intriguing. The price is hovering around $2930, having dropped from this year's high of $4946, and has been stuck below $3000 since then. Recently, ETF outflows have continued for several weeks, and it seems that institutions are taking a wait-and-see approach. The trading volume is also thin, and with the holiday effect plus the recent Fusaka upgrade just implemented, the market hasn't fully digested these changes. On-chain data shows that staking is increasing, but withdrawals are also high, giving a feeling of building momentum, waiting for a trigger point. If it cannot break the resistance at $3000-3470, it may need to test the support at $2850; conversely, if large holders continue to buy, like those recent large purchases, it might be able to test $3200-3400 by the end of the year.
This is not a prediction; I just think that ETH, as a dominant ecosystem, has decent resilience during bear markets. After the upgrade, L2 costs have decreased, and it has many long-term uses, making it prone to being undervalued.
After CZ shifted to educational philanthropy, Giggle Academy has already helped many children attend classes for free. The Max community is also quietly promoting similar initiatives; if you're interested, you can check it out at @Max Charity , supporting education is quite meaningful.
What do you think of ETH right now? Come vote and let's chat~
Recently, when I was brushing the disk, I couldn't help but look at $GIGGLE a few more times. This guy has surged from its peak after listing to over $250, and now it has pulled back to around $70, with a market cap stabilizing at around $67 million, ranking over 300. The trading volume is still in the tens of millions, and while the volatility is a bit high, it has something different compared to other pure meme coins: the tax portion of each transaction is directly donated on-chain to educational charities. Plus, Binance will donate 50% of its fees to Giggle Academy starting in December and will also burn a portion, with a fixed supply of 1 million coins, which could create some deflationary pressure in the long run. During the overall market downturn, it didn't crash; instead, it occasionally rebounded a bit, and it feels like the community is still quietly holding on.
To be honest, among a bunch of short-lived memes, this one with a bit of an actual donation mechanism is relatively stable, at least it won't go to zero all at once. It's not just about calling out trades; I feel like this model is easier to endure in a bear market, and when the wind comes, it might be more resilient.
CZ has focused on Giggle Academy over the years, serving tens of thousands of children, with more and more free courses being offered. The Max community is also quietly promoting similar charity efforts; if you're interested, you can check out @Max Charity and support education together.
What do you think about the trend of $GIGGLE recently? Let's chat~ #max
#Max In the blink of an eye, it has reached the 20th day. The process of writing this series has surprised me. Initially, I just felt that the community's events were worth documenting, but now, every day when I look back at the photos and videos of those children, I always pause to watch a little longer. The market can sometimes be exhausting, but thinking about how these small activities can genuinely help children in remote areas fills me with motivation again. I will continue to accompany this journey, always here, watching this cause grow little by little with everyone. #max Recently, the community organized a warm event. At Nanao Elementary School in Yilan County, Taiwan, the 14th Giggle Academy public classroom has been established, with 19 first and second graders participating in interactive courses. The teacher led them to draw the cute little rabbit Max, color, play an app to learn English, and distributed stationery and plenty of snack packages. The children went from being shy at first to laughing and dancing later, filling the classroom with joyful sounds. This is not just a lesson; it allows these mountain children to experience the joy of free education up close for the first time, directly lighting up their afternoon.
[Veteran Review] Sticking to the 60-day moving average is not as good as understanding $Giggle: Why did I decide to turn off the candlestick chart this cycle?
Brothers, tonight we're not discussing the red and green of the market, but talking about the 'inner demons'. After years of rolling and crawling in this circle, I was once an extreme 'technical fundamentalist'. Like many people regard it as the Bible, I have a set of unshakeable **'survival iron rules'**: Trends determine life and death: If MACD does not golden cross, even if the king of heaven comes, I will not enter the market. Moving averages are life: The 60-day moving average is my bottom line. A pullback is an opportunity, breaking it means stop-loss, and I will never hold any fantasies. Take profit like stopping the bleeding: Take one-third off after a 30% rise, preserving the principal is the first priority.
CZ's New Book: What you see is a commotion, what I see is a great social experiment
Brothers, can't sleep late at night, let's have a heart-to-heart chat. In the past few days, two images have been wildly circulated in the community, and I have seen them too (as shown).
One is a deflationary model, everyone is excitedly calculating how much of that 5% tax goes to donations, watching the 'burning' and 'buybacks' on the K-line makes their blood boil; The other is CZ's latest tweet, he doesn't want to write a memoir, he just wants to talk about Giggle Academy, the educational platform that can change the fate of children worldwide. Many people ask me: Old Ghost, is this still about trading coins? As a veteran who has held BTC since ancient times, and later experienced the rise of SHIB and PEPE, I want to tell everyone: this is already beyond just trading coins.
Buying GIGGLE is not to show off that I am doing charity,
Buying GIGGLE is purely for making money,
Making money from buying GIGGLE is to ensure that the $Max Help Free Education community mission has enough funds when it is implemented,
Maybe I am the only one on this planet,
Willing, without additional conditions, selfless, and cost-agnostic to invest everything for Giggle Academy and the 'Free Education For All' global vision of @CZ ,
And the great Max is the community that carries out this vision,
Please stop your daily PVP money-losing hands,
End your career as a contract gambler,
Say goodbye to the nihilism of the cryptocurrency world,
Join the Max community,
Let us join hands to use the power of Max's global distributed community to help more children in need,
Crypto philanthropy is a journey without an end,
When you grow old,
Looking back at the desolate places,
Max will surely become the most colorful practice of your life,
Return,
There will be neither wind nor rain, nor clear skies.
Ah, recently I've been seeing Max, this little bunny teacher, everywhere, and I feel like it's not just cute but something more. In Giggle Academy, Max is the main character, engaging children in interactive games, spelling words, and listening to stories. The platform now has nearly 90,000 users (as mentioned by CZ in a recent meeting), adding several thousand new young users each week. All courses are free, and they use AI for personalized recommendations, with multilingual support for storybooks, drawing, coloring, and even dancing to learn English, so kids learn while playing. Unlike those paid apps, it truly treats education as a public service, with no ads or in-app purchases, which is pretty down-to-earth.
Personally, I believe that among the many hype projects in the crypto space, Max's approach of 'learning through play' at least offers children a reliable option. In the short term, user growth is steady, and the long-term ecological potential is still there; it's quite interesting to observe.
Speaking of which, CZ has been focusing on Giggle Academy for years, providing free lessons to children worldwide. Recently, the community has been organizing offline events in Taiwan, giving away gift packs to teach the app, super heartwarming. Many people in the Max community support educational charities, so if you're interested, check out @Max Charity and let's help those kids together.
Hey, I've been paying a lot of attention to BTC's liquidity lately, and I feel like the situation is quite delicate right now. The price is currently fluctuating around $88,000 (data from various platforms), having retraced more than 30% from the autumn peak. The order book depth has noticeably thinned out, especially around the holidays when trading volume is low; a single large order can push the price up high or drop it down low. Many people say this is due to year-end institutions locking in positions and taking profits, coupled with leverage liquidations that have led to a lack of market depth, making volatility easier to amplify. The Fed has recently been focusing on liquidity, but it hasn't fully transmitted to the crypto side yet; everyone is waiting for a more accommodative environment next year.
Personally, I don't think this is a precursor to a major bear market; it's more of an adjustment period. Thin liquidity is a double-edged sword: declines are swift, but rebounds can be fierce. The key is whether the support at $85k and resistance at $93k can hold. In the short term, sideways movement is likely, but the long-term ecosystem is still intact, and institutions haven't completely exited, so holding and observing is also an option.
By the way, CZ has been focused on Giggle Academy over the years, providing free classes for kids, and there are already tens of thousands of users, with content continuously being added; it's quite thoughtful. Max is the mascot teacher there, and many in the community support educational charity. If you're interested, you can check it out at @Max Charity and help those kids together.
Hey, the crypto market has been a bit quiet lately, with the total market cap fluctuating around 3 trillion dollars (data from major platforms), BTC stabilizing around 88000, and ETH also just over 3000 dollars. It has pulled back quite a bit from the autumn highs, and everyone is saying that institutions will take profits by the end of the year, liquidity is low, and with Deribit’s 2.8 billion dollar options expiry approaching, the volatility is low but the pressure is not small. Many people think this is a normal adjustment, as the overall rise this year has been quite significant, but in the short term, if it can’t break through 92000, it may continue to hover or slightly decline.
However, I personally feel that this wave doesn’t resemble a major bear market, but rather is waiting for a catalyst. RWA and DeFi are slowly warming up, and institutions are still buying some tokenized physical asset products, with the market shifting from pure speculation to something with a bit of practical use. It’s not to say there will be an immediate surge, but at least it’s not that urgent, holding on to see is also fine.
Speaking of which, CZ has been focusing on Giggle Academy these past few years, providing free classes for children around the world, and there are already tens of thousands of users. Recently, the community has also been organizing offline activities, which are quite down-to-earth. Max is the little rabbit teacher inside, and many people in the community support charity, so if you're interested, go check out @Max_Charity, and let’s help those kids together.
Hey, I've been keeping an eye on ETH's movements lately and I feel like it's quite tangled right now. The price is hovering around $2950 to $3000 (data from various platforms), having dropped from nearly $5000 at the peak in August this year, a 40% decline. Many people say this is due to continuous outflows of ETF funds, with hundreds of millions flowing out over several weeks. It seems institutions are cashing out by the end of the year or shifting towards BTC. The market overall is quiet, with low volatility, and it feels like everyone is waiting for the Fed to cut rates or for some upgrades to catalyze changes next year.
But personally, I don't see it as completely bearish. Layer 2 is still expanding, the staking ratio is high, and network activity hasn't dropped too much. If it can hold the support at $2800 and break through the resistance at $3100-$3200, it might slowly climb back above $3500. There is indeed significant short-term pressure, but looking at the long term, ETH's ecological position is still there, unlike some coins that rely solely on speculation.
Speaking of which, CZ has been quietly promoting Giggle Academy over the years, providing free classes for children worldwide, and recently the number of users has surpassed 80,000, which is quite meaningful. Max is the mascot teacher there, and many in the community support related charities. If you're interested, you can check out @Max Charity and do some good together.
(This is purely my personal opinion, DYOR, and don't take it as investment advice.)