General Trend: Bearish with volatility. Bitcoin and Ethereum (ETH) lead the losses, with daily declines of 2-3% on average. The market has seen $3.79 trillion in outflows from BTC ETFs in November, extending into December, but with modest inflows in ETH ETFs.
Key Factors: High liquidations, unrealized losses (~$350 billion in the ecosystem), but regulatory advancements (such as the CFTC approval for prediction markets on Gemini) and institutional movements (whales accumulating BTC and ETH). December is historically positive for BTC (+9.7% on average), but 2025 shows fragility.
Predictions: Some analysts are calling for a "Santa Rally" with BTC bouncing back to $100,000, but others are anticipating more dips if liquidity tightens. Ethereum could break out with projections hitting $3,963 by the end of the month.
