Phyrex|12月 14, 2025 19:23
Every weekend, I worry about unexpected surprises. Although there’s no obvious bad news today, BTC’s price still dropped below $89,000. Not sure if it’s due to concerns about Japan’s interest rate hike starting next week. Besides Japan’s rate hike, there’s also the U.S. non-farm payroll and inflation data coming next week, which could all trigger market fluctuations. But the main focus will still be on how the U.S. stock market performs after it opens tomorrow. After all, crypto doesn’t have its own narrative and is still highly correlated with tech stocks.
As long as weekend price movements aren’t too extreme, I don’t pay much attention to them. Weekends are the times with the lowest liquidity. Right now, the market’s focus has shifted back to data, especially the non-farm payroll data, which will be more critical. That’s the key thing to watch next week. As for Japan’s rate hike, it’s already a confirmed event, so the market should have priced it in.
Looking at Bitcoin’s data, although the price has dropped, the turnover rate hasn’t increased. In fact, it’s slightly lower compared to Saturday. So, this isn’t due to investor panic or whales dumping. It’s likely just a lack of buying power in a low-liquidity environment. Let’s see if this gets corrected after the U.S. stock market opens on Monday.
Since the turnover rate isn’t high, there’s no issue with the distribution of holdings. Investors aren’t showing signs of panic or selling off. Sentiment is pretty normal, and even those holding losses at higher levels are staying calm.
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