2025-12-16 12:30:04

The market keeps sliding lower and finding some support near April levels. Bitcoin's struggling to hold the line—it's back eyeing that $85K mark, currently sitting at $86,533 down 3.7%. Ethereum's taking it harder, losing the $3K support zone and trading at $2,948, down 6.2%.

Here's what's concerning: spot trading volume has tanked 28% across the major exchanges. That kind of volume drop usually means conviction is fading fast.

Looking at the broader picture—fear's eating the market. The Fear & Greed Index dropped to just 11 (extreme fear territory). Total market cap's holding at $3.13T, but liquidations hit $652M, showing that leverage positions got wiped out during this dip.

The setup looks fragile right now. Lower highs, lower lows, and that lack of volume isn't painting a bullish picture.

BTC-0,1%

ETH-1,79%

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.

20 Likes

Reward
20
3
Repost
Share

Comment

0/400

WalletWhisperer

· 2025-12-18 23:47

Damn, it's the same old trick... waiting for the bottom to buy in? --- Clearing over 600 million, is there really someone adding leverage at this time? --- The fear index at 11 is really incredible, is this the signal to get in? --- Trading volume plummeted by 28%, indicating that institutions have already withdrawn... retail investors are still holding on tightly. --- Ethereum is crashing again? I’ve been saying to reduce positions, but friends don’t listen. --- The lows keep getting lower, who knows where the bottom is... Anyway, I’ve already run. --- In this kind of market, it all depends on who has the stronger mental resilience. I just can't watch anymore. --- If even the 3K support can't hold, then ETH is really in danger. --- With so many calculations, it feels like it will drop further. Hold back and don’t move. --- Exchange trading volume is diving, institutions probably already know something...

View OriginalReply0

ChainSpy

· 2025-12-18 17:03

Here we go again with the same rhetoric... trading volume plummeted by 28%. Anyone who has been in the game for a few years knows what this signal means. --- Wait, the fear index is at 11? I feel like every time it hits extreme fear, it turns out to be the start of a bottom rebound. --- With a liquidation amount of 652 million, how are the wiped-out retail investors doing? Is everyone okay? --- Is this for real? The way Ethereum is dropping... I wonder which big players are bottom-fishing. --- "Lack of trading volume," does that mean it’s going to rise tomorrow? I choose to remain skeptical. --- Support at April levels? I remember the price back then. Now that it’s back there, I feel like I bought at the top. --- Lower lows, lower highs. This chart really has no hope, but I’ve heard enough of these scare tactics. --- Market cap is still at 3.13 trillion, so it’s still stable, right? The problem isn’t that serious, or am I just not seeing the bigger picture?

View OriginalReply0

RugResistant

· 2025-12-16 13:01

Trading volume plummeted by 28%. That's the real signal—if no one is buying, it means no one believes. It's again extreme fear... Should have bottomed in April if I had known. Clearance of 652 million, leverage traders are probably sleepwalking again. This wave really feels like a repeat of April. Where is the bottom? ETH broke below 3k; it still feels like it has to fall further. Wait, with such low trading volume, how can it rebound? No one to absorb the sell-offs. With this market condition, I think it still needs to test the bottom.

View OriginalReply0