There are a few noteworthy signals in the market recently.
Currently, more than a quarter of Bitcoin is underwater. This market structure is quite similar to early 2022—same atmosphere back then, and you know what happened next. Interestingly, there are reports from BlackRock that sovereign wealth funds are quietly accumulating BTC while prices are low.
On the macro level, the Federal Reserve is expected to lower the federal funds rate to the 3.25%-3.5% range by 2026, which is a positive signal for risk assets.
Additionally, there’s significant movement in DeFi. In November, the trading volume on decentralized perpetual contract exchanges surpassed $1 trillion. On-chain trading activity is clearly picking up, and this data speaks for itself.
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BlockchainBrokenPromise
· 8h ago
BlackRock is secretly buying the dip. I want to buy the dip too, but I just don't have any money, haha.
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BlockchainNewbie
· 12-05 06:03
Is BlackRock building positions at the bottom? Institutions are really getting anxious now. It feels like the bottom signals are becoming more and more clear.
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BuyTheTop
· 12-05 05:54
BlackRock is quietly accumulating coins at low prices, which actually makes me a bit nervous... It feels like retail investors are about to get dumped on again.
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LayerZeroHero
· 12-05 05:50
It turns out that while major institutions are quietly buying in at low levels, retail investors are still struggling with whether to cut their losses. The data is right here—a $1 trillion trading volume doesn't lie.
There are a few noteworthy signals in the market recently.
Currently, more than a quarter of Bitcoin is underwater. This market structure is quite similar to early 2022—same atmosphere back then, and you know what happened next. Interestingly, there are reports from BlackRock that sovereign wealth funds are quietly accumulating BTC while prices are low.
On the macro level, the Federal Reserve is expected to lower the federal funds rate to the 3.25%-3.5% range by 2026, which is a positive signal for risk assets.
Additionally, there’s significant movement in DeFi. In November, the trading volume on decentralized perpetual contract exchanges surpassed $1 trillion. On-chain trading activity is clearly picking up, and this data speaks for itself.