On-chain data shows that “wells” or big investors are “buying the dip” in preparation for the year-end rally. There are signs that capital will start moving from Gold to the Crypto market, which could make the market even more “overbought”.
🔹 Market Status
The total Crypto market rose about 2% to $4.05 trillion.
Bitcoin rose to about $115,916 after falling to $109,883.
Ethereum rose more than 3% to about $4,283.
🔹 Main reasons for the rise
Short Squeeze Effect: The elimination of short traders after the elimination of long traders last week, resulting in a total elimination of about $650 million.
Institutional Demand:
China Renaissance Holdings plans to buy $600 million of BNB.
CitiBank plans to launch crypto custody services in 2026.
BitMine buys 200,000 more #ETH despite volatility.
Macroeconomic Certainty:
President Donald Trump embarks on a Middle East peace mission and plans to meet with the Chinese president, boosting investor confidence.
🔹 Outlook Ahead
Markets remain cautious after a sharp decline that wiped out around $20 billion.
Ethereum price is forecast to hit a new ATH of around $5,300.
Expectations that the Fed will continue to cut interest rates will help fuel the rally.
ETFs in the US are also actively accumulating more #BTC .
➡️ Summary: Crypto markets are showing signs of a “bullish comeback” driven by wealth, institutional capital, and global economic confidence. Ethereum is expected to be the main target for the next rally. 🚀