2025-12-17 15:01:01

#美国就业数据表现强劲超出预期【Market Observation】The recent rhythm in the crypto space has been quite interesting—Bitcoin has been oscillating at high levels with noticeably shrinking trading volume, and the bulls and bears are locked in a fierce tug-of-war here. Ethereum and Solana are showing more resilience, but trading activity hasn't kept up, and the overall market liquidity remains cautious as everyone waits for macro-level confirmation signals.

From institutional movements, large-scale capital inflows and outflows are approaching balance, and the enthusiasm for ETFs has indeed cooled down compared to a few days ago. Interestingly, some long-term funds are still accumulating BTC and ETH on dips, indicating that their medium- to long-term outlooks are not truly bearish. Traditional finance is also continuously advancing tokenized asset strategies, and this trend remains unchanged.

Regarding regulation, the frameworks in Europe and the UK are becoming clearer, and the market generally interprets this as cautious in the short term but positive in the long run. Countries in Asia are accelerating compliance reviews of exchanges to combat money laundering and illegal fund flows. Stablecoin regulation has also become a focal point of policy in various countries, moving closer to traditional financial standards.

From a technical perspective, activity in Ethereum’s Layer 2 ecosystem remains high, and transaction costs are stable. Solana’s DeFi and NFT activities have rebounded, though after a short-term surge, a consolidation has occurred. AI and RWA (Real-World Asset on-chain) continue to be core narratives in the mid-term, attracting ongoing capital attention.

Many industry insiders agree that we are currently in a mid-stage correction of a bull market; short-term pullbacks do not indicate a trend reversal, mainly reflecting capital rotation. For the medium- to long-term prospects before 2026, the market remains generally bullish. $BNB

BTC1,43%

ETH0,9%

SOL2,29%

BNB2,75%

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StrawberryIce

· 2025-12-19 14:29

Long-term funds are still accumulating, indicating that major investors have a clear understanding. --- Just organize during the consolidation phase; anyway, I'm not in a hurry to sell. I'll wait for a confirmed signal. --- Layer 2 and RWA definitely have potential; it all depends on who can take off first. --- Strong US employment is indeed a variable, making the macro situation more complicated. --- BTC's high-level fluctuations are quite annoying, feels like waiting for a major event. --- Institutions are cooling down but not withdrawing, indicating they are still optimistic about the future. --- Are stablecoin regulations getting stricter? Those small coins might need to worry. --- Is there another wave before 2026? Just listen, haha. --- Sol should still have a chance after this consolidation; Layer 2 should have already exploded. --- Let's wait and see; the short-term signals are still not clear enough.

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GasFeeCrier

· 2025-12-19 04:07

Long-term funds are accumulating, indicating that smart money is still optimistic. Let's follow and buy the dip.

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PanicSeller

· 2025-12-17 15:29

Are long-term funds still accumulating? I think they are too deeply trapped, haha --- Wait, is this small fluctuation also considered a macro signal? I feel like it's just digesting US employment data --- Talking about a mid-cycle consolidation in the bull market, but it feels more like self-encouragement --- The recent rebound in SOL's popularity still lags behind ETH; the ecosystem gap is evident --- Stablecoin regulation aligning with traditional financial standards? Then the freedom of crypto is really gone --- The balance of institutional inflows and outflows sounds like no one really believes in the current price, right

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AirdropNinja

· 2025-12-17 15:27

Are long-term funds still accumulating? I feel like everyone is just bottom-fishing and waiting for the big show... --- Just a fluctuation, anyway those who were long-term bearish have already exited. The mindset to still dare to buy the dip isn't bad. --- Oh, it's "consolidation phase" again. I'm tired of hearing that phrase. --- Stablecoins aligning with traditional financial standards? Then what's the point of playing? Just use USD directly. --- High activity on Layer2? Really? I feel like only a few top projects are moving... --- Institutional inflows and outflows are balanced? Then should retail investors start to exit? --- Waiting for macro confirmation signals? Maybe until 2027, you know. --- RWA is still the core narrative. Whoever takes over this round is the big fool.

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DefiPlaybook

· 2025-12-17 15:16

Is it a high-level tug-of-war? I see this as funds shaking out, and buying in dips bit by bit is the real smart money play. Long-term funds are still licking the chart, which means no one is truly bearish; they’re just waiting for a confirmed signal. Can the RWA narrative hold until 2026? It’s already becoming mainstream, so it all depends on who can beat the gas fees. Stablecoins aligning with traditional financial standards? Then does USDT still need to keep cutting the leeks?[Dog Head] Stable Layer 2 costs are a good thing, but the key is that trading activity hasn't kept up; the data can’t be faked. The cooling of ETFs is very normal; this round only yields an annualized 500%, and veteran investors are already numb. Strong US employment data exceeding expectations—doesn’t that mean more rate hikes? The crypto world will have to wait again. From on-chain data, what does the balance of large investors entering and exiting indicate? It’s still all about watching and waiting.

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MeltdownSurvivalist

· 2025-12-17 15:15

Long-term funds are still accumulating at low levels, indicating that this consolidation is just a shakeout. Before 2026, the outlook remains bullish.

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