2025-12-31 01:28:04

End-of-year sprint, and Bitcoin's performance is indeed a bit frustrating. Watching Bitcoin build momentum towards 90,000, but then falling back with the old trick—drawing a door and coming back. This repetitive rhythm feels familiar to traders; some jokingly say it's "a familiar script, never disappointing."

Ethereum's trend hasn't been independent either. Starting around 3,000, it has been oscillating downward along with Bitcoin and is currently in a slight wave consolidation phase. In the short term, the main focus is still on Bitcoin's direction.

On the macro front, the Federal Reserve's December meeting minutes continue to signal caution—inflation remains above target levels, and there are downside risks in the employment market. This information is enough to explain why market sentiment has been relatively weak recently.

On-chain activity remains hot. Bitmine's re-staking volume hit a new high, with approximately 119,000 ETH staked, worth $352.16 million; SharpLink's Ethereum staking rewards also surpassed 10,000 ETH, with last week's weekly staking rewards reaching 518 ETH. It’s clear that institutions and large holders still have genuine demand for staking yields.

Another noteworthy change is that Cypherpunk recently increased its holdings by 56,418.09 ZEC, making up 1.76% of its circulating supply. During mainstream coin fluctuations, such choices reveal some institutional tactical adjustments. The staking boom continues, and ecosystem participation in winter is actually warming up.

BTC1.2%

ETH0.77%

ZEC-1.87%

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FaFa568

· 3h ago

Merry Christmas, let's get bullish! 🐂

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0xSunnyDay

· 3h ago

I'm truly impressed by this combination punch of Big Cake; the 90,000 dreams shattered on the spot... The high staking enthusiasm actually gives me some hope; at least there are still people working seriously.

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DefiOldTrickster

· 3h ago

It's the same old trick again, 90,000 is like a fishhook, bite once and get thrown back, haha. But I actually like the staking part, with 119,000 ETH entering and 518 weekly rewards, this is real gold and silver returns. Compared to chasing highs and selling lows, it's much more comfortable. Isn't an annualized return like this very appealing?

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GasFeeVictim

· 3h ago

Coming back to draw the door again? Do you really think we're all just leeks, haha. This macro trend is indeed disappointing; let's wait for the Fed to ease up. The staking data is indeed real; institutions are still bottom-fishing. The recent increase in ZEC holdings is quite interesting. In the short term, let's still watch Bitcoin's movements.

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TokenAlchemist

· 3h ago

ngl the bitmine restaking numbers are actually interesting—119k eth injected suggests real protocol dynamics at play, not just retail cope. but yeah, btc keeps doing the same liquidity extraction dance lmao, textbook inefficiency vector tbh

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DefiPlaybook

· 3h ago

According to on-chain data, the 119,000 ETH staked by Bitmine is indeed noteworthy, but the underlying risk mechanism requires in-depth analysis. The specific analysis is as follows: the attractiveness of staking yields masks the potential threat of smart contract vulnerabilities, and it is recommended to focus on the design of its liquidation mechanism.

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DoomCanister

· 3h ago

Coming with the same trick again? It's really hopeless if you can't even reach 90,000. Who's scripting the repeated leek-cutting? As soon as this wave of Fed news came out, it was clear there's no hope. Don't look at it in the short term. Staking is still surging, and the big players do have some skills. I've seen through this Bitcoin move. ZEC is quietly being absorbed by institutions, this is probably the signal. Prices fluctuate wildly, but staking yields are no lie. It's the familiar routine again, I'm really exhausted. The whole market is just waiting for Fed's next stance, it's painful.

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