The current crypto market continues its strong momentum. Bitcoin price fluctuates within the $96,000-$97,000 range, with a 24-hour increase of 1.0%-1.5%. The highest intraday surge reached $97,924, and it has now pulled back to around $96,390-$96,800. Daily trading volume has surpassed $40 billion, and the total market capitalization is approximately $3.26 trillion. Bitcoin dominance has risen to 59% — a very key signal indicating that market focus is shifting towards BTC.
Institutional activity is worth noting. Whale addresses have significantly increased their holdings recently, with addresses holding 100-10,000 BTC adding over 32,000 coins. Spot ETFs also continue to see strong net inflows. This top-down capital deployment reveals market participants' confidence.
Positive signals are coming from the policy front. Two committees in the U.S. Senate are simultaneously advancing the markup of the crypto market structure bill, with the core goal of unifying SEC and CFTC regulatory frameworks. What does this mean? Assets like XRP may fight for a regulatory status similar to Bitcoin, greatly enhancing compliance certainty. Bernstein’s latest outlook is also quite imaginative — asset tokenization could trigger a "super cycle" in 2026, fundamentally rewriting the financial landscape.
Mainstream cryptocurrencies are showing divergence. Ethereum has slightly retreated to around $3,300, but many analysts are optimistic about its rebound potential amid the explosive growth of stablecoin payments, expecting strong performance by early 2026. XRP, due to its favorable regulatory outlook, is listed as a hot trading target for next year. Dash has been the standout performer today, soaring over 40% and leading the gainers list.
On the macro front, U.S. inflation data remains moderate, retail sales are resilient, but trade policy uncertainties still weigh on market expectations. Overall, optimistic regulatory outlooks combined with institutional accumulation suggest that BTC may challenge the $97,250 resistance level in the short term. However, don’t forget — technical correction risks always exist, so caution should not be relaxed.
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StakeWhisperer
· 5h ago
Whales are accumulating, institutions are moving, this wave of momentum really has something special
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Can 97,250 really break? It still depends on what the Federal Reserve says
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Is XRP really going to turn around this time? The feeling of the regulatory boots landing is still satisfying
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Dash surging 40%? What's going on, feels like being cut with a leek
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BTC dominance has surged to 59%, are altcoins out of opportunities?
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Can stablecoin payments really save ETH? Still feeling a bit doubtful
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3.26 trillion, this number looks quite scary, not sure how long it can last
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Institutional accumulation is a good sign, but I’m still cautious, waiting for a pullback before entering
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Asset tokenization super cycle? Alright, I’ll believe it first and then see
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400 billion daily trading volume in JPY, how big is this bubble?
View OriginalReply0
Layer2Observer
· 5h ago
The 59% BTC dominance rate is interesting, but we need to see whether this wave is due to genuine capital inflow or just a result of the relative price increase—needs clarification.
A 40% surge in Dash is a warning sign; it usually indicates either positive news or liquidity being squeezed due to low liquidity, which is hard to sustain.
The regulatory outlook for XRP is theoretically positive, but historically, policy benefits have mostly been lukewarm, so don't expect too much.
The increase of 32,000 BTC sounds impressive, but it depends on who is accumulating and whether it's the same entity; otherwise, this number doesn't mean much.
Institutional net inflows indeed correspond to bottom support; this logic is still reliable.
View OriginalReply0
GetRichLeek
· 5h ago
Damn, are the whales quietly accumulating again? Why am I still hesitating around 97,000 whether to chase...
Once again, Dash surges 40% and I didn't get in, truly impressive.
XRP's regulatory certainty has strengthened this time, and I still haven't jumped in. Wait, am I about to get trapped again?
97250 is just a mirage; the technical correction risk is extremely high.
On-chain data looks fantastic, but every time I trust these, I end up losing money...
With such strong net inflows into spot ETFs, why am I still hesitating? I'm overwhelmed.
The big players are definitely tricking us into bottom fishing again. I bet five bucks tonight will see a big plunge.
2026 super cycle? I think a super plunge tonight is more realistic.
Bitcoin's 59% dominance definitely has some substance, but my position can't keep up with the pace.
Why do I always regret not accumulating earlier after reading the analysis...
View OriginalReply0
CryptoPhoenix
· 6h ago
Institutions are frantically accumulating, whale addresses are adding positions again, this signal is very clear... Believe that the dawn will eventually arrive.
The current crypto market continues its strong momentum. Bitcoin price fluctuates within the $96,000-$97,000 range, with a 24-hour increase of 1.0%-1.5%. The highest intraday surge reached $97,924, and it has now pulled back to around $96,390-$96,800. Daily trading volume has surpassed $40 billion, and the total market capitalization is approximately $3.26 trillion. Bitcoin dominance has risen to 59% — a very key signal indicating that market focus is shifting towards BTC.
Institutional activity is worth noting. Whale addresses have significantly increased their holdings recently, with addresses holding 100-10,000 BTC adding over 32,000 coins. Spot ETFs also continue to see strong net inflows. This top-down capital deployment reveals market participants' confidence.
Positive signals are coming from the policy front. Two committees in the U.S. Senate are simultaneously advancing the markup of the crypto market structure bill, with the core goal of unifying SEC and CFTC regulatory frameworks. What does this mean? Assets like XRP may fight for a regulatory status similar to Bitcoin, greatly enhancing compliance certainty. Bernstein’s latest outlook is also quite imaginative — asset tokenization could trigger a "super cycle" in 2026, fundamentally rewriting the financial landscape.
Mainstream cryptocurrencies are showing divergence. Ethereum has slightly retreated to around $3,300, but many analysts are optimistic about its rebound potential amid the explosive growth of stablecoin payments, expecting strong performance by early 2026. XRP, due to its favorable regulatory outlook, is listed as a hot trading target for next year. Dash has been the standout performer today, soaring over 40% and leading the gainers list.
On the macro front, U.S. inflation data remains moderate, retail sales are resilient, but trade policy uncertainties still weigh on market expectations. Overall, optimistic regulatory outlooks combined with institutional accumulation suggest that BTC may challenge the $97,250 resistance level in the short term. However, don’t forget — technical correction risks always exist, so caution should not be relaxed.