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Bitwise advisor Jeff Park stated that the current market structure is fundamentally unfavorable for a substantial price increase in Bitcoin. The reason is that, on one hand, Bitcoin OG holders are still continuously selling, while on the other hand, demand from ETFs and DATs is simultaneously slowing down.

[Bitwise Advisor: Current market structure is unfavorable for Bitcoin's rise; Bitcoin OG whales continue to sell off.]Bitwise advisor Jeff Park stated that the current market structure is fundamentally unfavorable for a substantial price increase in Bitcoin. The reason is that, on one hand, Bitcoin OG holders are still continuously selling, while on the other hand, demand from ETFs and DATs is simultaneously slowing down.

Bitwise Advisor: Current market structure is unfavorable for Bitcoin's rise; Bitcoin OG whales continue to sell off.

&nbsp;according to Lookonchain monitoring, 4 days ago, the whale 0x76AB sold 1,654 ETH (worth 5.49 million USD) in the spot market and switched to holding high-leverage ETH long positions. He made 3 trades, 2 of which were losses, accumulating a total loss of over 3.3 million USD in just 4 days.

[A whale sold 1,654 ETH and went long on ETH with high leverage, incurring a total loss of over $3.3 million.]&nbsp;according to Lookonchain monitoring, 4 days ago, the whale 0x76AB sold 1,654 ETH (worth 5.49 million USD) in the spot market and switched to holding high-leverage ETH long positions. He made 3 trades, 2 of which were losses, accumulating a total loss of over 3.3 million USD in just 4 days.

A whale sold 1,654 ETH and went long on ETH with high leverage, incurring a total loss of over $3.3 million.

&nbsp;market shows BTC fell below $88,800, currently at $88,713.15, a 24-hour decline of 1.82%, market volatility is high, please manage your risk properly.

[BTC falls below $88,800]&nbsp;market shows BTC fell below $88,800, currently at $88,713.15, a 24-hour decline of 1.82%, market volatility is high, please manage your risk properly.

BTC falls below $88,800

&nbsp;the market shows that TAO has fallen below 290 USD, currently at 289.4 USD, with a 24-hour decline of 2.2%. The market is highly volatile, please manage your risk accordingly.

[TAO falls below $290]&nbsp;the market shows that TAO has fallen below 290 USD, currently at 289.4 USD, with a 24-hour decline of 2.2%. The market is highly volatile, please manage your risk accordingly.

TAO falls below $290

HTX data showed that BTC fell below 89000  USDT and is now at 88778.5 USDT, with a decrease of 1.84% in 24H.

[BTC fell below 89000  USDT] HTX data showed that BTC fell below 89000  USDT and is now at 88778.5 USDT, with a decrease of 1.84% in 24H.

BTC fell below 89000  USDT

HTX data showed that XRP fell below 2  USDT and is now at 1.99883 USDT, with a decrease of 1.74% in 24H.

[XRP fell below 2  USDT] HTX data showed that XRP fell below 2  USDT and is now at 1.99883 USDT, with a decrease of 1.74% in 24H.

XRP fell below 2  USDT

&nbsp;some macro analysts believe that if the Bank of Japan raises interest rates as expected on December 19, Bitcoin may further pull back to the $70,000 level. Analyst AndrewBTC, who tracks historical data, states that every rate hike by the Bank of Japan since 2024 has been accompanied by a drop of more than 20% in Bitcoin's price, such as a decline of about 23% in March 2024, about 26% in July 2024, and about 31% in January 2025. If the Bank of Japan raises rates next week, similar downside risks may reoccur.

[Analysts predict that if the Bank of Japan raises interest rates as expected, Bitcoin may pull back to the $70,000 level.]&nbsp;some macro analysts believe that if the Bank of Japan raises interest rates as expected on December 19, Bitcoin may further pull back to the $70,000 level. Analyst AndrewBTC, who tracks historical data, states that every rate hike by the Bank of Japan since 2024 has been accompanied by a drop of more than 20% in Bitcoin's price, such as a decline of about 23% in March 2024, about 26% in July 2024, and about 31% in January 2025. If the Bank of Japan raises rates next week, similar downside risks may reoccur.

Analysts predict that if the Bank of Japan raises interest rates as expected, Bitcoin may pull back to the $70,000 level.

On December 14, Brazil's largest private bank asset management company Itáu Asset Management recommended in its year-end report that investors allocate 1% to 3% of their portfolios to Bitcoin. Renato Eid, head of responsible investment at Itáu Asset Management Beta strategy, stated that using cryptocurrencies as a complementary asset helps absorb the shocks caused by currency depreciation and global volatility.

[Brazil's largest private bank asset management company recommends that investors allocate 1% to 3% of their portfolios to Bitcoin.]On December 14, Brazil's largest private bank asset management company Itáu Asset Management recommended in its year-end report that investors allocate 1% to 3% of their portfolios to Bitcoin. Renato Eid, head of responsible investment at Itáu Asset Management Beta strategy, stated that using cryptocurrencies as a complementary asset helps absorb the shocks caused by currency depreciation and global volatility.

Brazil's largest private bank asset management company recommends that investors allocate 1% to 3% of their portfolios to Bitcoin.

&nbsp;Tom Lee, chairman of Ethereum treasury company BitMine, stated that BitMine is close to holding 4% of the total supply of Ethereum, and he believes the company will never sell these ETH. Tom Lee said, "If we stake these ETH now, it will generate over one million dollars in net income per day.

[Tom Lee: Bitmine will never sell its ETH holdings.]&nbsp;Tom Lee, chairman of Ethereum treasury company BitMine, stated that BitMine is close to holding 4% of the total supply of Ethereum, and he believes the company will never sell these ETH. Tom Lee said, "If we stake these ETH now, it will generate over one million dollars in net income per day.

Tom Lee: Bitmine will never sell its ETH holdings.

1. The P2E game Axie Infinity token AXS will unlock 21.543 million AXS on October 25, accounting for 7.979% of the total supply (270 million), or about $218 million.
2. OpenSea will enable OpenRarity rarity ranking for eligible NFTs on October 25.
3. The Sandbox will terminate the MATIC/SAND staking pool from October 25th, and will continue the SAND staking pool and the SAND staking pool for LAND owners to reward the community.

Detail

【Huobi Global Tomorrow's Highlight】1. The P2E game Axie Infinity token AXS will unlock 21.543 million AXS on October 25, accounting for 7.979% of the total supply (270 million), or about $218 million.
2. OpenSea will enable OpenRarity rarity ranking for eligible NFTs on October 25.
3. The Sandbox will terminate the MATIC/SAND staking pool from October 25th, and will continue the SAND staking pool and the SAND staking pool for LAND owners to reward the community.

Huobi Global Tomorrow's Highlight

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Article

BTC fell below 90000  USDT

ETH fell below 3100  USDT

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Bitcoin Fear and Greed Index is 21

somi currently trades at 0.2856 USDT, up 10.10% in 24h, according to HTX market data.

Analysis: Exchange leverage ratios have fallen to their lowest level in five months as investors seek to reduce risk.

The probability of the Federal Reserve cutting interest rates by 25 basis points in January is 24.4%, and the probability of a cumulative rate cut of 50 basis points by March is 8.1%.

Huobi Global Tomorrow's Highlight

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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