Flows: Spot BTC ETFs recently printed a strong inflow day (~$457M) while ETH ETF flows have been pressured (recent weekly outflows reported) → that usually supports BTC relative strength and keeps many alts “choppy.” �
What the sentiment is saying right now
Extreme fear + BTC still holding high (upper-$80k) usually means: Bounces can be sharp, but rallies often get sold until momentum/flows flip more consistently. �
Market is acting BTC-led (ETF bid + “flight to quality”), while ETH/alt beta is more selective. �
Technical read (probable levels & scenarios)
Bitcoin (BTC)
Trend/structure: Consolidation after a large prior move; price is “range-bound” around the big psychological $90k area. �
Key levels (practical map)
Support zone: ~$85k–$88k (recent stabilization zone; if lost, risk of a deeper flush).
Pivot / magnet: ~$90k (rejection/acceptance here tends to define the next swing).
Upside trigger: clean acceptance above ~$90k–$91k with improving ETF/derivatives tone → opens room for a run toward prior supply zones.
Setup bias: In extreme fear, I’d treat longs as “support-to-pivot trades” (buy support, take profits into $90k-ish) unless/until we see a decisive breakout with volume + improving sentiment. �
Ethereum (ETH)
ETH is still trading like higher beta: it moves, but flows matter more.
Support: ~$2.95k–$3.0k region (today’s lows are near here).
Upside: ~$3.1k–$3.3k becomes more likely if ETF flow pressure eases and BTC holds firm. (Recent ETH ETF flow headlines show how sensitive ETH has been.) �
Macro catalysts to watch (2025 → end-2026)
These are the big “regime levers” that can shift the whole crypto complex:
Fed policy & liquidity: The Fed has already started cutting and the target range is around 3.50%–3.75% as of the Dec 10, 2025 decision; further easing (or a pause) changes risk appetite. �
ETF flow trend: Persistent net inflows tend to underpin BTC; if ETH ETFs stabilize and return to sustained inflows, ETH beta usually improves. �
Risk-on / risk-off rotation: If equities wobble or recession risk rises, crypto can stay choppy even with “good narratives.” If liquidity expands, crypto typically benefits disproportionately.
Price outlook in USD (today → end of Dec 2026)
These are scenario ranges (not certainties). I’m weighting them by current “fear” sentiment + BTC-led flows.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Market (Dec 23, 2025)
BTC: ~$87.9k (range today ~87.9k–90.4k).
ETH: ~$2,980 (range today ~2,967–3,065).
Sentiment: “Extreme Fear” ~24 (very risk-off / oversold-ish vibe.
Flows: Spot BTC ETFs recently printed a strong inflow day (~$457M) while ETH ETF flows have been pressured (recent weekly outflows reported) → that usually supports BTC relative strength and keeps many alts “choppy.” �
What the sentiment is saying right now
Extreme fear + BTC still holding high (upper-$80k) usually means: Bounces can be sharp, but rallies often get sold until momentum/flows flip more consistently. �
Market is acting BTC-led (ETF bid + “flight to quality”), while ETH/alt beta is more selective. �
Technical read (probable levels & scenarios)
Bitcoin (BTC)
Trend/structure: Consolidation after a large prior move; price is “range-bound” around the big psychological $90k area. �
Key levels (practical map)
Support zone: ~$85k–$88k (recent stabilization zone; if lost, risk of a deeper flush).
Pivot / magnet: ~$90k (rejection/acceptance here tends to define the next swing).
Upside trigger: clean acceptance above ~$90k–$91k with improving ETF/derivatives tone → opens room for a run toward prior supply zones.
Setup bias: In extreme fear, I’d treat longs as “support-to-pivot trades” (buy support, take profits into $90k-ish) unless/until we see a decisive breakout with volume + improving sentiment. �
Ethereum (ETH)
ETH is still trading like higher beta: it moves, but flows matter more.
Support: ~$2.95k–$3.0k region (today’s lows are near here).
Upside: ~$3.1k–$3.3k becomes more likely if ETF flow
pressure eases and BTC holds firm. (Recent ETH ETF flow headlines show how sensitive ETH has been.) �
Macro catalysts to watch (2025 → end-2026)
These are the big “regime levers” that can shift the whole crypto complex:
Fed policy & liquidity: The Fed has already started cutting and the target range is around 3.50%–3.75% as of the Dec 10, 2025 decision; further easing (or a pause) changes risk appetite. �
ETF flow trend: Persistent net inflows tend to underpin BTC; if ETH ETFs stabilize and return to sustained inflows, ETH beta usually improves. �
Risk-on / risk-off rotation: If equities wobble or recession risk rises, crypto can stay choppy even with “good narratives.” If liquidity expands, crypto typically benefits disproportionately.
Price outlook in USD (today → end of Dec 2026)
These are scenario ranges (not certainties). I’m weighting them by current “fear” sentiment + BTC-led flows.
BTC (end-Dec 2026)
Bear case: $55k–$75k (macro shock / liquidity tightens again / ETF flows sour)
Base case: $95k–$140k (gradual easing + ETF bid continues, but cycles stay choppy)
Bull case: $160k–$240k (broad liquidity expansion + sustained ETF inflows + risk-on regime)
ETH (end-Dec 2026)
Bear case: $1.6k–$2.4k
Base case: $3.5k–$6.5k
Bull case: $7.5k–$12k (requires sustained inflows + strong onchain/activity + risk-on)
Quick “path” expectation (how it often plays out from extreme fear)
Q1–Q2 2026: volatile range trading; sentiment swings; BTC dominance typically stays firm.
H2 2026: if rate cuts/liquidity are supportive and ETF flows persist, odds rise for a more durable trend move.
#CryptoMarketMildlyRebounds