#美SEC促进加密资产创新监管框架 💬 Crypto Market Scan | Signals Behind the Sideways Movement on December 6



The overall market is actually quite indecisive today. Bitcoin and Ethereum both entered a bottoming phase after the recent pullback, and while liquidation pressure still exists, you can sense that institutional funds are still active—long-term holders are accumulating below $90K, and some altcoins are starting to show strength.

📉 Status of Major Coins
$BTC is seesawing between $89,567 and $91,000, with a daily gain of +0.44%. After falling below $90K, it quickly rebounded, indicating decent support at this level. However, compared to the $126K high in October, it has retraced nearly 30%. Short-term caution is advised, but the long-term narrative remains unchanged.

$ETH held the $3,029 support line and is currently consolidating around $3,100, up +0.34%. There are slight signs of a technical breakout, but volume needs to increase to confirm the trend.

A few others: BCH performed the best today (+2.34%, at $575.74), DOGE has shown a TD buy signal but hasn't seen volume yet ($0.1394), $SOL and LINK are relatively stable. The overall market cap has edged down, open interest is dropping, indicating leveraged players are pulling out and market risk is being released.

🔥 Key Things to Watch
• If the XRP ETF actually gets approved, there could be a supply shock—you know how fast institutions accumulate
• The EU just busted a €700 million crypto money laundering network, and global regulation on stablecoins is tightening
• A former leading exchange CEO, after returning, publicly stated hope to make the US a crypto-friendly policy area
• OpenEden has received investments from Ripple and Anchorage Digital, heating up the RWA track again
• WisdomTree launched the first fully-staked ETH product in Europe (based on Lido); institutional-grade ETH staking tools are rolling out
• Michael Burry is still shorting, but technical rebounds often follow after leveraged liquidations

🪙 Altcoin Trends
A few small coins to watch: TheoriqAI and Turtle have partnered in the AI Agent space, Beldex upgraded its privacy protocol, and Nesa is rolling out new AI+privacy features. Technically, SHIB just had a golden cross, and DOGE has formed a potential buy zone, but both need to be confirmed by increased volume.

📊 Stay Rational with Expectations
ChatGPT's conservative prediction is that BTC might end the year in the mid-$80K range; the previously hyped $250K bull run has yet to materialize. Frankly, this sideways movement is actually digesting previous gains—don’t get swayed by short-term volatility.

💡 Trading Suggestions
Market volatility remains high, so don’t FOMO into highs. Short-term traders should closely watch support and resistance levels, while long-term holders can treat this pullback as a buying opportunity—provided you have confidence in the fundamentals of your target asset.

If you want an in-depth analysis of the technicals or fundamentals of a specific coin, feel free to leave a comment. $BTC $ETH $SOL
BTC-0.17%
ETH0.57%
BCH-1.84%
DOGE-0.05%
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CoinBasedThinkingvip
· 9h ago
This sideways movement feels like institutions are quietly buying the dip, just waiting for news at the end of the year. --- 90K is being defended so tightly, all the leverage has been cleared out and now the market is about to move. --- If XRP's ETF really gets approved, will the rush to buy be another pump-and-dump trap? --- I'm watching this DOGE buy signal, just waiting for volume confirmation. --- To be honest, I never expected 250K by the end of the year, I'm just steadily increasing my position. --- The EU is cracking down on money laundering cases, everyone should be alert to tighter stablecoin regulation. --- Michael Burry is still shorting, hilarious. Liquidation rebound is coming, better get in fast. --- These two points from BCH today are pretty interesting, altcoins are getting active again. --- Now is truly the perfect window for long-term holders to add positions, as long as you have confidence in the fundamentals. --- ETH is holding the 3029 line firmly, have to wait for volume to pick up before making a move.
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LightningSentryvip
· 22h ago
Huh, is the 90K level really solid? Feels like institutions are suppressing it. --- $DOGE's buy signal is here but there's no volume, this trick is all too familiar. --- If XRP's ETF really gets approved, better get in quick. --- The sideways movement is just accumulation, those who know what they're doing are quietly adding positions. --- Michael Burry's short position still hasn't blown up, how is this guy so lucky? --- $80K as the bottom line? ChatGPT's prediction is a bit too conservative. --- After the liquidation wave, it actually becomes a technical rebound opportunity. History always goes like this. --- FOMO? I've been numb for a while, if it's time to add, I'll add. --- This pullback is actually just a shakeout, nothing to worry about for the long-term. --- WisdomTree's ETH Staking product is here, it's a clear signal that institutions are entering.
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MeaninglessApevip
· 22h ago
90K is still a tough key level, the institutions' accumulation tactics are really impressive. --- Sideways consolidation really tests your mentality, don’t rush. --- DOGE signal has appeared but there’s no volume, that’s a bit awkward. --- If the XRP ETF really gets approved, better be prepared for institutions to dump. --- $80K year-end close? That prediction is way too conservative. --- Respect the pattern: rebound after leverage liquidations. --- Bullish on the RWA track, OpenEden made a smart move. --- BCH had the biggest surge today, pretty interesting. --- Institutions are accumulating at the bottom, while we’re here hesitating, haha. --- Tighter regulation is a long-term trend, just get used to it. --- Short-term volatility is too exhausting, it’s more comfortable just holding.
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ThreeHornBlastsvip
· 22h ago
Really, the current sideways movement is just institutions quietly accumulating. Don't get carried away just because the gains are small; long-term holding is the key. --- The repeated tug-of-war at the critical 90K level shows that someone is still buying in. Let's wait and see how the weekly chart develops. --- If the XRP ETF gets approved, it'll really go crazy. If anything, those who'll regret it won't be us, haha. --- Leverage players are fleeing—this is a signal, the market is shaking out weak hands. --- Don't be fooled by ChatGPT, the $250K dream is still a long way off. For now, just hold steady. --- DOGE’s TD buy signal has appeared, but the trading volume hasn’t kept up, so it does feel a bit weak. --- Michael Burry is still shorting? This guy is really persistent, but after this round of liquidations, we might see a technical rebound. --- The bottoming phase is the ultimate test of patience. FOMO is a huge mistake—if we learn to wait, we win.
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Tokenomics911vip
· 22h ago
The 90K hurdle is really being tugged back and forth. Feels like institutions are just waiting for retail FOMO to come in and take over their bags. After ranging for so long, I actually think it’s a good sign. At least no one’s frantically chasing the top—if you can stay calm, that’s how you make serious money. I’m optimistic about this DOGE buy signal, but I’m just worried it’ll be another fake-out. If the XRP ETF actually gets approved, the scramble for positions will be insane. Laying low now definitely won’t hurt. 80K by year-end? Bro, that prediction is a bit conservative; I’m still bullish on a big push. Michael Burry going short just makes me laugh—this guy always seems to be a contrarian indicator. I agree with long-term accumulation, but you have to pay attention to fundamentals. Don’t just buy blindly or you’ll lose fast. Institutions are accumulating below 90K, so we retail investors should follow the rhythm too—don’t get tricked by short-term candlesticks. For ETH to really break out, we need to see volume support, otherwise it’s just a fake breakout. Stick to holding your coins—treat this correction as a test of your mindset. After all, the bull market isn’t over yet.
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ProofOfNothingvip
· 22h ago
The 90K level is really a bit tough. Feels like institutions are slowly accumulating, long-term holders should be secretly happy. --- DOGE got the signal this time but there was no volume. Feels like someone is deliberately suppressing it. --- If XRP really gets an ETF, will retail investors still have a chance? --- If it’s consolidation, then let it consolidate. Don’t let the sideways movement mess with your mentality. Let’s wait for the breakout. --- Michael Burry is still stubbornly shorting; this guy is really persistent. But his rebound predictions are actually pretty spot-on. --- WisdomTree’s new staking product is just another way to fleece retail investors, isn’t it? --- When will the 250K dream end? The current market looks a bit shaky. --- Open interest is dropping, which means the leveraged traders are getting cold feet. Is that actually a good sign? --- ETH holding 3K is somewhat interesting. Now it’s just a matter of when the trading volume catches up. --- The RWA sector has been hot lately, but it feels like everyone is just speculating on concepts.
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ThatsNotARugPullvip
· 22h ago
90K holding firm, institutions are accumulating, long-term is no problem. --- Sideways movement is just digestion, don’t get scared by volatility, this is the time to build positions. --- If the XRP ETF gets approved, the supply shock will crush all expectations. --- Michael Burry is still stubbornly short, why is this guy so persistent, haha. --- Leverage is being cleared, risk is being released, actually a good thing. --- DOGE is still waiting for volume to pick up, no need to rush. --- This pullback is only down 30% from 126K, not a big deal. --- Institutional-grade ETH staking tools are here, the staking era has really arrived. --- Don’t FOMO, trust me, you can’t go wrong. --- 80K prediction is too conservative, I think it’ll go higher.
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