Trump Inauguration - To the Moon or Sell the News?Crypto Market Cap Nears ATH – Is Another Sell-Off Brewing? 🚀
The total cryptocurrency market cap is currently sitting at $3.62 trillion, inching closer to its all-time high of $3.73 trillion. Bitcoin has been leading the charge, smashing its ATH with renewed bullish momentum. However, recent patterns suggest caution—sell-offs have often followed Bitcoin breakouts this cycle, as traders lock in profits.
Altcoins have also been making headlines. Solana (SOL) has seen an impressive rise, solidifying its place in the top crypto rankings. Meanwhile, the newly hyped Trump Coin has debuted on Robinhood, sparking interest and controversy alike.
With the market cap on the verge of breaking records, it’s a crucial moment to keep an eye on key support and resistance levels. Will we see another sell-off, or is this the start of the next leg up? Our best guess? Some choppinenss around the corner but ultimately the most bullish crypto administration ever will bring in the ATHs! 🚀
Join the discussion below and let’s navigate this market together! 🚀💸
Cryptomarketcap
MARKETS week ahead: January 20 – 26Last week in the news
The US inflation is not as scary as investors previously thought. In this sense, they adjusted previous expectations and returned positive sentiment to financial markets. The US equity markets recovered from losses carried two weeks ago. The S&P 500 ended the week at the level of 5.996. The US Dollar continued to gain in strength, but due to general uncertainty, the price of gold also surged back to the $2,7K levels. The US Treasury yields reacted strongly on inflation figures, bringing back the 10Y US benchmark to the level of 4,62%. In the dawn of the US new Administration inauguration, the crypto market also reacted positively, bringing BTC back above the level of $100K.
The US inflation figures were posted during the previous week, which was the major macro event. The inflation rate in December was standing at 0,4% for the month, bringing the inflation figure to 2,9% on a yearly basis. Both figures were in line with market forecasts. At the same time, core inflation was lower from market estimate, reaching 0,2% for the month and 3,2% on a yearly basis. This was information that changed market sentiment from negative to positive. Namely, strong jobs figures initiated a fear among investors that inflation might be higher than previously estimated, in which sense, the Fed will halt further cuts of interest rates. The current situation signals that the market was wrong with previous estimates, and that inflation in the US is on a clear down trend, in which sense, the Fed might continue with planned two rate cuts during the course of this year. The US 10Y Treasury yields also had a strong reaction to inflation data, bringing yields from the 4,8% down to 4,62%. level.
During the previous week markets were discussing a new meme coin issued by a new US President-elected, whose inauguration is scheduled for January 20th. The meme coin was issued on a Solana blockchain, where this coin surged by 12% on Saturday and 23% on Friday. News is reporting that this coin currently has a market cap of nearly $5 billion and is the largest coin on the Solana chain.
The Bank of Japan is again in the spotlight of investors' attention. Namely, there are an increasing number of news reports noting a potential rate hike by the Bank of Japan in order to support the decreasing value of its currency. Reuters mentioned sources from BoJ which noted higher probability that the BoJ will increase its reference rates on a meeting as of the end of January. Market participants are currently pricing 80% chances for a rate hike at the forthcoming BoJ meeting. Due to the significant amount in carry trades, there is a higher probability that the markets in the US might react in a negative manner to this BoJ action.
There was a lot of dust in the media regarding the TikTok ban in the US during previous weeks. However, Reuters posted the latest news that the new President-elect Trump will allow TikTok to operate in the US only if US investors hold 50% stake in the company.
Crypto market cap
As inflation in the US is clearly under control and on its way down, and as inauguration of a new President-elect is coming due, the crypto market turned to the positive hype for one more time. The majority of crypto coins were traded in a positive sentiment during the previous week, increasing total crypto market capitalization by 11% on a weekly level, adding a new $340B to it. Daily trading volumes were also significantly increased to the level of $382B on a daily basis, from $130B traded a week before. Total crypto market cap increase from the end of the previous year currently stands at 11%, where $340B has been added.
Almost all crypto coins ended the week in a positive territory. The highest increase in market cap came from Bitcoin, which increased its value by more than 11% on a weekly basis, adding a new $211B to it. A new $19B came from ETH, which was a weekly increase of around 5% for this coin. XRP was also in the spotlight of the market, which managed to increase its market value by 27% w/w, adding $38B to its market cap. This time Solana should be specially mentioned. Namely, the coin surged by more than 44% after a new meme coin TRUMP was issued on this network, which represents the highest coin on this blockchain. Eventually, the market has a new favorite coin on the market, called TRUMP, issued by the current US President-elect. In only a few days, this coin managed to collect $ 13B in the market cap, and currently takes 16th place on the list of most valuable coins, based on data from Coinmarketcap. The TRUMP coin surged by an incredible 918% for the last seven days.
In line with the significant surge in the market cap, Solana also increased the number of its coins in circulation by 0,5% on a weekly basis. Stellar and Algorand had an increase in circulating coins by 0,2%, each. The number of Tether stablecoins increased by 0,7% during the previous week.
Crypto futures market
The crypto hype is for one more time on the crypto market, but this time also on the crypto futures market. Some interesting developments occurred with BTC futures during the previous week. Namely, all maturities were traded higher by more than 10% on a weekly basis, where futures maturing in December 2026 reached the price of $124.045. This represents the highest ever quoted price for BTC, indicating that the market is extremely positively oriented toward this coin. Futures maturing in December this year ended the week at the level of $114.145.
ETH futures were traded higher around 7,5% for all maturities. Futures maturing as of the end of this year ended the week at the level of $3.778. Those futures maturing in December 2026 managed to cross the $ 4K level, ending the week at $4.057.
SOL & Memes | Is Solana season here ?From Weekend Hero to Market King
Sol szn is here ? YESS, We are 70% up since our last analysis and recent data strongly suggests we might be entering the early days of SOL mania, Here’s why
1.SOL Outperformed BTC and ETH This Weekend: Solana delivered significantly better returns compared to Bitcoin and Ethereum over the weekend. don't let me compare it with Eth cuz it will break Eth holders Soul
2.Market Cap Milestone: Solana's total market capitalization hit an all time high earlier today, now making up 3.53% of the entire cryptocurrency market with a valuation of $114.3 billion.
3.Dominating Daily Net Inflows: As of now, SOL tops the leaderboard for daily net inflows.
4.Revenue Growth: Last week, Solana’s Real Economic Value (the revenue it generates) doubled its previous all-time high.
5.Meme coins often choose the Solana blockchain for a variety of reasons, primarily due to its unique technical advantages and its growing ecosystem. Here’s why: Low Transaction Costs, High Throughput and Scalability, Fast Transaction Speed, Strong Community and Ecosystem,Developer-Friendly Environment, Early Mover Advantage...
6.Weekend Trading Volumes: Between Saturday and Sunday night, SOL trading volumes surpassed those of all major altcoins.
All of this recent movement is huge for two specific groups of people:
-My wife, who has been worried sick since I told her I invested 100% of my life savings in Solana!
-Our followers, who got worded up on SOL around this time last year and load the dip at 20$
But will these trends hold, especially after ETH and BTC ETFs wrap up their first trading day of the week? Probably not but it’s worth noting how impressive this is, given Ethereum’s market cap is 3.3x larger than Solana’s, and Bitcoin’s is a staggering 16x bigger!
As you can see Sol ready for correction and pullback then it gets ready for Sol Mania
The TOTAL3 Breakout: Does This Signal the Start of Altseason? This chart displays the price action of what's labeled as "TOTAL3," which represents the combined market capitalization of all cryptocurrencies excluding Bitcoin and Ethereum. Essentially, it tracks the overall value of the altcoin market.
The chart depicts the price action of the "Crypto Total Market Cap Excluding BTC and ETH" (referred to as TOTAL3 in the label) over a period from October 2024 to April 2025. We can see a clear uptrend followed by a period of consolidation, and then a breakout from that consolidation pattern.
Key Observations
Initial Uptrend: The chart shows a strong, steep uptrend that begins around November 18, 2024. This indicates a period of significant buying pressure and increasing valuation for altcoins (crypto excluding BTC and ETH).
Consolidation: Around early December 2024, the upward momentum slows, and the price enters a consolidation phase. This is characterized by a rangebound pattern that appears to be forming a descending triangle.
The white trendlines clearly define this descending triangle pattern, with a descending resistance line and a horizontal support line. This pattern is typically considered bearish.
Bullish Breakout: Around mid-January 2025, the price breaks above the descending resistance line of the triangle. This is a bullish breakout, indicating that buying pressure has overcome the previous selling pressure. The price rises above the upper trend line and confirms the breakout.
Timeframe: The chart is using a daily (1D) timeframe, which is suitable for mid- to long-term analysis.
Interpretation and Potential Implications
Bullish Signal: The breakout from the descending triangle suggests a continuation of the initial uptrend and is considered a bullish signal. It implies that the market may be entering another phase of price appreciation for altcoins (excluding BTC and ETH).
Confirmation Needed: While the breakout looks valid, it would be beneficial to monitor volume activity to confirm the strength of the breakout.
Possible targets: The length of the base of the descending triangle could be added to the breakout point for a possible target, assuming it continues upwards.
Risk Management: As always, with any price pattern, a successful breakout is never guaranteed. Traders may consider setting a stop-loss below the breakout line as part of their risk management strategy.
Total market cap 2 - macro analysis ( expect $BTCUSD ) Hi 👋🏻 it's me your " Raj_crypt0 " is back 🔙 🎩
CRYPTOCAP:TOTAL2 ( TOTALMAKETCAP2 ) crypto long run analysis ⏰ was here ..... ❣️
" It's important to close strong monthly above $1.71T " which makes bullish road clear "
🎯 ¹ - $2.5T ( 2.5 trilion dollars )
( When $2.5T was done before APRIL 2025 then , we aim for target 2 , if not it will turn as TOP 🔝 )
🎯 ² - $3.77T ( expecting potential TOP around 4 trillion dollar 💰 )
•
Note >>
don't think 🤔 all coins will complete " BULL RUN " 🔝 target's at index TOP 🎩
It depends on currency some complete " BULL RUN " at 1st target 🎯 some complete 💯 at 2nd target 🎯 INDEX ☝🏻 always show way to get exit and entry on entire portfolio 💰
( Yes 🙌🏻 i provided even " BEAR RUN " target 🎯 also but we can discuss later based on 🔝 )
MARKETS week ahead: January 13 – 19Last week in the news
Surprisingly good US jobs data pushed the markets toward the negative sentiment. It is not the case that investors were disappointed with good developments in the US economy, but they needed to correct their previous expectations on Fed's rate cuts. The US equity markets were mostly hit, where S&P 500 ended the week at the level of 5.827. The US Treasury yields ended the week higher, with 10Y reaching 4,8%. The US Dollar continued to gain in strength, however, the price of gold was also strengthening to the level of $2.689 due to investors uncertainty regarding the decisions which will be taken by the new US Administration. The BTC was traded with lower strength during the week, testing the resistance line at $95K, after shortly reaching support level at the $90K.
The major data posted during the previous week were related to the US jobs data. The surprisingly better than expected Non-farm Payrolls figures of 256K hit the market on Friday. At the same time, the unemployment rate dropped to the level of 4,1% from 4,2% posted previously. Although this is good news for the US economy, still markets reacted in a negative manner - by increasing Treasury yields and decreasing the value of major equity indices on the US market. The markets are not perceiving that the Fed would have to keep interest rates at current levels for a longer period of time. At this moment, some analysts are noting a potential first rate cut during this year in September. The sentiment among investors for the rate cut at the January FOMC meeting dropped to the lowest level.
Mark Zuckerberg's recent interview on Joe Rogan show attracted attention from investors and journalists. Mark was criticizing a main rival of his company, Apple, for “a lot of rules, that I think are arbitrary” which are implemented into Apple's technology. In his opinion, these rules are diminishing all the technological effort that Apple has put in place. At the same time, it should be noted that Meta announced that it will ban their “fact checking” program introduced during the pandemic.
Analysts from Bernstein are betting on the European pharmaceutical industry in 2025. As they are noting, there is currently a significant discount of EU pharma stocks, with a solid growth prospectus in 2025 of estimated 8% EPS. Another aspect that Bernstein analysts are noting is solid generation of cash by the EU pharma industry.
Analysts from Bank of America downgraded Tesla shares from Buy to Neutral. The rationale behind such an action is their view on “high execution risks”. They also decreased the price target from $490 down to $400.
Crypto market cap
There has been a lot of volatility on the crypto market during the previous week. The majority of this volatility was driven by BTC. As this coin entered into the mainstream markets, through exchange traded funds during the previous year, its price is reacting to developments in the US macro segment. Surprisingly strong US jobs data increased the sentiment with investors that Fed will halt further decrease of interest rates, in order to cope with the heating economy, in which sense, investors had to adjust their previous expectations. Simply, the less rate cuts implying less liquidity in the economy, in which sense, less money for the crypto market. Still, during this trading week, total crypto market capitalization decreased by 5% w/w, erasing some $160B in total cap. Daily trading volumes remained redacted, moving around the level of $130B on a daily basis, a further decline from last week's $158B. Total crypto market capitalization remained flat when compared to the end of the year 2024.
The majority of crypto coins were traded in red during the previous week. Bitcoin lost around $ 68B in the market cap, decreasing it by 3,5% w/w. Ether was following the sentiment, by which its market cap dropped by $ 43B or 10% on a weekly basis. Bitcoin Gold also had a negative week with a droop in value of 25%. From other major coins, DOGE was traded down by 12%, same as Solana, while BNB managed to sustain a lower drop in value of 2,4%. It is interesting that XRP had a solid week, as this is one of rare coins which ended the week on a positive territory, increasing its market cap by 6,2% w/w.
Regarding coins in circulation, this week IOTA had an increase of coins in circulation by 0,5%, while Filecoins number of circulating coins was higher by 0,3% w/w. Stellar, Solana and Algorand increased the number of coins on the market by 0,2% each.
Crypto futures market
The sentiment from the spot market was reflected on the crypto futures market. Both BTC and ETH futures were traded lower from the end of the week before. BTC futures were traded down by 4% on average, while ETH futures were down by some 10% on average for all maturities.
BTC futures maturing in December this year ended the week with the price of $103.325, and those maturing a year later, closed the market at $112.275. On a positive side is that longer term futures continue to hold above the $100K level.
ETH futures maturing at the end of this year were last traded at $3.511, while those maturing in December 2026 closed the week at $3.711. For one more time ETH did not manage to sustain the futures price levels above the $4K.
VeChain (VET)🔍 Technical Analysis of VET/USDT
📌 Introduction to the VeChain Project:
VeChain is an advanced blockchain platform designed to enhance supply chain management and business processes. By leveraging blockchain technology 🌐 and IoT 📡, VeChain enables companies to boost transparency and efficiency in their supply chains. Its primary goals include reducing costs, improving product quality, and increasing trust in business operations.
📌 General Overview:
The VET coin, a leading project in the blockchain space, is currently trading within an ascending channel on the weekly timeframe. This movement suggests a potential continuation of the bullish trend; however, key levels require close attention.
📊 Recent Price Movements:
The price recently hit the top of the ascending channel and underwent a short correction.
It is now approaching the red support zone (0.03238 - 0.03948) and the midline of the channel.
✅ Potential Scenarios:
Bullish Scenario 📈:
If the price rebounds from the red support zone, it could rally toward the channel's upper boundary.
A breakout above the ascending channel's resistance may pave the way for Fibonacci targets.
Bearish Scenario 📉:
If the red support zone breaks, the price could drop toward the channel's bottom or the gray support zone (0.01638 - 0.01966).
📍 Key Zones:
Daily Resistance (Yellow):
Range: 0.05038 - 0.05504
A breakout above this resistance on the daily timeframe opens the path toward the channel's top and higher targets.
Fibonacci Targets After Breaking the Channel's Top:
1.618 Fibonacci Level: 0.08251 - 0.09507
2 Fibonacci Level: 0.11594 - 0.13874
2.618 Fibonacci Level: 0.19679 - 0.23327
Critical Supports:
Channel's Bottom: The first significant support level.
Gray Support Zone (0.01638 - 0.01966): Acts as the final line of defense.
🛠️ Entry Strategy & Risk Management ⚠️:
Safe Entry:
Enter after the price breaks above the ascending channel and consolidates above the yellow zone.
Stop Loss:
Initially, place below the red support zone.
After breaking the channel’s top, adjust below the yellow zone.
Risk Management:
Adjust trade size based on confirmations.
Risk only 1-2% of your total capital on this trade.
📈 Confirmation Factors for the Move:
Trading Volume:
A noticeable increase in volume during the breakout of resistance or support signals a strong move.
RSI Indicator:
RSI above 60 indicates a bullish continuation.
Entry into the Overbought zone could lead to a sharp rally toward higher targets.
🚀 Conclusion 🏆:
This analysis highlights that VET is at a critical and sensitive juncture. With proper risk management and confirmation of technical signals, this coin could present exciting investment opportunities.
MARKETS week ahead: January 6 – 12Last week in the news
Markets used the first trading week in this year to slowly gear up for the coming period. The US equity markets had a copy-paste from the last week of December, where the week started in a negative sentiment, but Friday brought optimism. The S&P gained on Friday, ending the week at the level of 5.942. The US Dollar continues to gain in strength, bringing some volatility to the price of gold, which ended the week at $2.638. The US Treasuries are still digesting US macro data in expectation of the January FOMC meeting, bringing the 10Y US benchmark to the level of 4,62%. The crypto market started the new year in an optimistic manner, bringing BTC back to levels of $98K.
Previous week was relatively calm when it comes to the release of currently significant macro data in the US. However, the largest US companies started to release their business plans for the year 2025. One of the most important news came from Microsoft, which noted that the company plans to spend at least $80 billion on construction of data centers which could be able to sustain a heady workload of AI-powered systems. For some time now, analysts have been noting that AI is the next “big thing” and that companies involved in the AI ecosystem would gain the most funds from investors. After this news the US equity market regained optimism bringing tech-heavy indexes to the higher grounds on Friday.
CNBC made an interesting analysis based on officially published data in China, related to imports of phones into this country. Namely, as per CNBC, foreign mobile phone shipments in China dropped by 47% y/y in November. Considering that the majority of foreign phone shipments in China comes from Apple, CNBC is noting that Apple's market share in China might be under pressure in the coming period, considering strong competition from local smartphone producers.
Interesting news published by Reuters at the beginning of the previous week, states that a local group of Swiss cryptocurrency advocates started an initiative proposing to the Swiss National Bank to hold Bitcoin, in a sense of national reserves. The initiators now have the task to collect 100.000 signatures in order for the initiative to reach a public referendum in Switzerland.
At the start of the new year, analysts from investment company Goldman Sachs published their view and forecasts on the economic developments in the US, EU and China. The economic growth is expected to continue in the US, around 2,7%, while the EU should accelerate at a modest pace of 0,8%. The EU economy will continue to stand a hit from higher energy prices and also from high competition from China. Their expectations are that the EU will further cut interest rates to the level of 1,75%. Analysts from Goldman are noting geopolitical risks as ones to prevail in the 2025, as well as risks for the US economy if a new US administration imposes tariffs on goods from China.
Crypto market cap
The crypto market used the first trading week in a year to gear up for the rest of the year, and set the sentiment for the future. Major event that is ahead relates to the inauguration of the new US administration on January 20th, which was generally crypto-friendly during the pre-election period. The market expects positive developments for the crypto industry in the next four years. Whether there will be challenges on that road, is to be seen. After a bumpy year-end, the market set the positive sentiment during the previous week, where total crypto market capitalization gained 5% during the week, adding $160B to its market cap. Due to holidays, daily trading volumes remained relatively lower, moving around $158B on a daily basis. Total crypto market capitalization during the year 2024 was increased by 97%, while during the first trading week in 2025 the market gained 5%, or $160B.
Majority of crypto coins gained during the previous week. BTC, the leader of the market, increased its market cap by 3,5% or $65B. Ether was also on a winning side, adding $ 29B to its market cap, increasing it by 7,3% w/w. Some other notable gainers were DOGE, with an increase in the market cap of 19,3%. ADA also significantly gained, a 21% increase w/w. Market favorite Solana was up by “only” 11%, while Algorand was traded higher by 20% w/w. Stellar should also be mentioned, as the coin managed to gain a significant 26% in value. Only a few coins ended the week in red, among which were ZCash, with a weekly decrease in value of 4%, while Tether decreased its coins in circulation and its market cap by 1,2%.
As for coins in circulation this week Solana managed to increase the number of its coins on the market by 0,7%, followed by Filecoin`s increase by 0,5% of circulating coins. In line with its significant increase in the value, Stellar managed also to increase the number of circulating coins by 0,2%.
Crypto futures market
The market optimism is back not only on a spot market, but also on the crypto futures market. The long term futures prices are expressing currently strong sentiment for BTC of investors. BTC futures were traded higher by more than 4% for all maturities. The major development is with longer term futures which are holding at levels above the $100K. In this sense, futures maturing in December 2025 ended the week with the price of $107.460, while futures maturing in December 2026 reached for the first time the level of $116.750.
The ETH futures were traded higher around 8% on average. It is important for ETH that longer term futures crossed for one more time the level of $4K. Futures maturing in December 2025 were last traded at $3.885, while those maturing in December 2026 closed the week at $4.172.
Crypto Market to Hit $5 Trillion in 2025?The crypto market added an astonishing $1.58 trillion in 2024, and projections for 2025 are even more bullish, with a potential market cap of $5 trillion. While most altcoins are still down over 50%, the next altcoin rally could be the catalyst for explosive growth. Institutional investors are also predicting Bitcoin to hit $150K, further fueling market optimism.
The combination of increasing adoption, institutional interest, and potential altcoin recovery makes this goal achievable. Prepare for the next big wave by identifying undervalued projects and managing your risk effectively. 2025 could be the year of exponential growth—stay ahead of the curve!
Total Crypto Market Capitalization prediction for 2025The basis for the analysis in today's idea about the future of the total capitalization of the crypto market is our idea from 2 years ago, where we assumed that the “bottom” has already been reached and that we will continue to see strong growth. Read it 👇
Since then, the total capitalization of the crypto market has grown 4 times from $800 billion to $3.2 trillion. This is mainly due to the growth of the CRYPTOCAP:BTC price from $16k to the current $95k and its BTC.Dominance index from 39% to the current 58%.
Many altcoins are still depressed, many of them failed to update their ATH, so let's assume that there hasn't been a real altseason yet)
And here's how the capitalization of other financial assets has changed approximately over 2 years:
end of 2022👉end of 2024
SP500 - $33 trillion 👉 $45 trillion
Gold - $11 trillion👉 $18 trillion
Silver - $1 trillion 👉 $1.8 trillion
Cryptocurrencies - $800 billion 👉 $3.2 trillion
Crypto rules, at least in terms of growth!)
In addition, two fundamental events have taken place since then: BTC ETFs and ETH ETFs are gateways for the infusion of large institutional money into the crypto market, but also flags for the regulation of the crypto market.
And then, only modeling in the mix with our fantasies and desires for 2025)
1️⃣ Previous cycles of rapid growth of the crypto market lasted 550 days after the #Bitcoin halving, so we assume that the current one will last at least until the end of October 2025.
2️⃣ The “growth power” of the total capitalization of the crypto market decreased by 6 times with each cycle, which means that in the current cycle it should reach at least $7-8 trillion
3️⃣ But this time, we have a “dark horse” - ETFs, and who knows how many more of them will be approved in the future and how this will affect the crypto market. Moreover, the number of cryptocurrencies is no longer thousands or tens of thousands, but millions. Memecoins are created in 30 seconds and rolled out to a multi-million dollar capitalization in weeks) And it is still commonly believed that the “naive and hungry” retailer with the eternal FOMO syndrome, who buys anything at any price, has not returned to the crypto market.
4️⃣ Therefore, purely hypothetically, simply based on fractal analysis and a combination of fibo levels, we assume that the crypto market can “swing” up to a cosmic $53 trillion
5️⃣ Further, according to the same fractal analysis, the current correction of prices on the crypto market and its total capitalization should not be very long, well, at most another -10% from the current $3.2 trillion to $2.85 +|-
6️⃣ Everything is very fantastic and promising, doesn't it?) Then let's put the icing on the cake and go to celebrate the New Year 2025.
According to our forecast from 2 years ago, the OKX:BTCUSDT price has every chance of reaching $355,000 by the end of 2025 👇
MARKETS week ahead: December 30 – January 5Last week in the news
The Holiday season on the Western markets made its impact on lower trading volumes and lower volatility for US Dollar, the price of gold and the crypto market. As for US equities, the previous week was influenced by shifts in US Treasury yields. The 10Y US benchmark yields reached the level of 4,629% after considering Feds narrative over the future course of rate cuts in 2025. The price of gold ended the week relatively steady at the level of $2.621, while BTC had a modestly volatile week, but still testing the $95K to the downside. The week ahead brings another short Holiday, celebrating the end of 2024 and the beginning of 2025, when a relatively calm week should be expected.
Without any significant news from the Western markets, the Japan monetary authorities were in the spotlight during the previous week. Namely, the Japanese Finance Minister Katsunobu Kato noted that the rate increase is still on the table for the BoJ meeting in January. The excessive movements in Yen during the previous period is not welcomed by Japanese monetary authorities, in which sense, an increase in interest rates would support its stabilization. However, the Ministry must take a cautious approach, considering a trajectory from the US economy. A potential hike would make borrowing in Yen more expensive, in which sense, some carry trading positions would have to be closed, which would at the bottom line have a negative impact on the US markets.
Based on analysts' opinion, the big seven companies in the tech industry are going to be in the focus of market interest also in the future. Increasing demand for the AI ecosystem will further support businesses within the tech industry. The so-called “Magnificent seven” stocks are ending this year almost 180% higher, with market capitalization exceeding $3 trillion. During the year, Nvidia became the second most valued company in the US.
Central bank moves in terms of further cut of interest rates is going to be in the market focus also during the year 2025. High inflation was put into control, based on which, both Fed and ECB made their cuts of reference interest rates during 2024. The trend is expected to continue also during 2025, however, at a lower pace. Fed Chair Powell noted at December's FOMC meeting expectations of further 50 bps cut of rates during 2025. On the other side is the European Central Bank, holding onto actual macro data in order to make a further decision on rate cuts. As inflation in the Euro Zone slowed down, a lower rate cut is also expected during 2025.
Crypto market cap
Although December was a tight month for the crypto currencies market, still, it should be considered that crypto coins had one extremely good year, with a few milestones reached. The year 2024 will be marked as the year when the first BTC spot exchange traded fund has been officially approved and started trading on traditional markets. The second important milestone for BTC was its $100K target. BTC is also ending this year with the all-time highest level reached during the year at $107,8K. Turning to the previous week, total crypto market capitalization was decreased by additional 1%, decreasing the cap by $30B. With the start of the Holiday season on Western markets, total daily trading volumes were significantly decreased to the level of $131B on a daily basis, from $397B traded the week before. Total crypto market capitalization increase from the end of the previous year currently stands at $1.592, which represents a 97% surge from the beginning of this year.
BTC closed the previous week at 3% lower from the week before, losing $58B in the market cap. This week ETH was flat, while the rest of altcoins were traded in a relatively mixed manner, as there were both gainers and losers. DASH gained almost 14% in value, while Theta and ZCash increased their market cap by more than 10%, each. This week the value of XRP dropped by 3,3%, LINK was last traded down by 4,7%, while the value of Maker decreased by 6,9%.
As it comes to coins in circulation, few altcoins had a higher increase, including IOTA, with a surge in circulating coins of 0,5%, while XRP increased the number of its circulating coins by 0,3% on a weekly basis. For the second week in a row the number of Tether coins on the market decreased, this week by 0,6%. A drop in the number of coins also had Polygon of 2,2% on a weekly basis.
Crypto futures market
During the previous week both BTC and ETH futures were traded lower compared to the week before. BTC futures were down by more than 2% for all maturities. Futures maturing in December 2025 reached the last price at $103.410, while December 2026 closed the week at the level of $111.930. On a positive side is that investors still perceive positive development for the value of BTC in the future period.
ETH futures were traded lower around 4% for all maturities. Futures maturing in December 2025 closed the week at the level of $3.601, while those maturing a year later were last traded at $3.837. The ETH is still struggling to sustain the $ 4K level on a long run.
Will Ethereum reach $8500 ?Ethereum (ETH) has been a focal point in the cryptocurrency world, drawing both admiration and skepticism. As Q4 unfolds, Ethereum has shown remarkable resilience, staying on its intended path despite market fluctuations. This article explores Ethereum's journey, its current standing, and the potential for it to reach the ambitious target of $8,500.
Everyone criticizing Ethereum should take note: ETH is still on track and hasn't deviated from its course. In Q4, Ethereum was never expected to reach new all-time highs (ATH). Despite performing better than anticipated, ETH remains steadfast on its intended path. It exhibited a bearish pattern, forming higher lows and lower highs before stabilizing. It then marked a higher low, established a bear market high, broke through this high, retested it just before Q4, and began its upward trajectory.
Here's how the forecasted ETH pattern looks—believe me, we're still on track. 📈
Ethereum's chart demonstrates a clear path forward, with key indicators suggesting sustained growth. The technical analysis points towards Ethereum reaching significant levels, with the 2.0 Fibonacci extension level being a crucial milestone.
I believe $8,500 is a realistic target for Ethereum, corresponding to the 2.0 Fibonacci extension level. The Fibonacci extension tool is commonly used in technical analysis to predict future price movements based on past price trends. The 2.0 Fibonacci extension level suggests that the price could potentially double from its previous move. In this case, reaching $8,500 fits within the expected range of this extension level, making it a plausible target.
When ETH's price reaches the 2.0 Fibonacci extension level, its market cap will be approximately $625 billion, reflecting a 155% increase. If the price continues to rise and reaches the 2.618 Fibonacci extension level, the market cap would soar to around $859 billion, marking a 214% increase. These levels are calculated based on today's price.
To all the Ethereum doubters out there: Keep talking while ETH keeps building. 📈 Your doubts fuel our progress. Watch and learn! 💪🔥
Ethereum's journey is far from over, and its resilience in the face of criticism only strengthens its position. As it continues to build and innovate, ETH is poised to reach new heights, potentially hitting the $8,500 mark and beyond.
Ethereum's path is filled with potential, and the signs are pointing towards significant growth. With the 2.0 Fibonacci extension level serving as a realistic target, $8,500 is within reach. Whether you're an investor or a skeptic, keeping an eye on Ethereum's progress is essential, as it continues to defy expectations and carve its path in the crypto world.
MARKETS week ahead: December 16 – 22Last week in the news
The ECB cut euro reference rates by 25 basis points, which the market expects also for Fed at their FOMC meeting on December 18th. Markets were traded in a relatively mixed manner during the previous week, positioning as per expectations for the forthcoming rate cut. The S&P 500 tested for one more time the recent ATH, however, ended the week a bit lower, at the level of 6.051. The price of Gold reverted a bit during the week, on US Dollar strengthening, closing the week at the level of $2.647. The US Treasuries were reacting on inflation data, in expectation of the forthcoming rate cut, where the 10Y benchmark yields returned shortly back toward the 4,4% level. The crypto market had a relatively mixed week, with BTC shortly tested the $95K support line, but ended the week above the $100K level.
The European Central Bank cut interest rates for another 25 basis points, as expected. The ECB is for some time struggling to achieve the inflation within the targeted level of 2%, and to sustain the Euro Zone economy which was hit by the environment of high interest rates. The ECB President Lagarde tried to stay optimistic, and pointed to the better-than-expected growth in Q3 and that “the economy should strengthen over time”. The latest ECB economic projections were also optimistic. It projects a growth of 1,1% in 2025, while inflation should move around targeted 2%. Still, it should be mentioned that these projections do not include effects of potential moves from the US newly elected President.
The company Broadcom was highly discussed in the news during the previous week. It was in the market stoplight due to the company's surge in the price of shares by 24% for the week, after the company published that its revenue generated through AI products soared by an incredible 220% for the quarter. At the same time, the company reached a $1 trillion club. At the moment analyst opinions are divided regarding the future prospects for this company. On one side, there are those who strongly support the opinion that the company's value will only grow amid increasing demand for AI chips, while on the other side are those who noting that it is a heavy field for one company to stay competitive to NVDA.
The US Nasdaq index, which follows the 100 largest US companies, announced that it is planning to include MicroStrategy in its latest yearly rebalancing of the index. Analysts are noting that this move will be positive for Michael Saylor`s company, as it will increase the demand for shares originating from exchange traded funds.
News is reporting that one of largest banks in France, Societe Generale has successfully conducted the first Repo transaction with the National Bank of France. Bonds were deposited on Ethereum blockchain, in exchange for the central bank digital currency.
Crypto market cap
During the previous week the crypto market was traded in a mixed manner. One of the supporting notes for BTC came from CEO of the BlackRock investment fund, Larry Fink, who noted his opinion that a diversified portfolio should contain up to 10% exposure in BTC. A strong demand for BTC still holds on the market, which helped this coin to return toward levels above the $100K, after modestly reverted to $95K. Still, total crypto market capitalization decreased by modest 2% during the end of the week, losing some $80B in value. Daily trading volumes also eased, reaching $279B on a daily basis, which is a drop from $405B traded a week before. Total crypto market capitalization increase from the end of the previous year currently stands at $1.862B, which represents a 114% surge from the beginning of this year.
Most of the crypto coins were traded with a negative sentiment during the previous week. Still, the market was driven by BTC, in which sense, total weekly loss eased due to inflow in BTC of $ 26B, increasing its value by 1,3% on a weekly level. On the opposite side was ETH, with a weekly loss in the market cap of $19B or 3,95%. DOGE was also on a losing side, with a drop in value of $9,5B or more than 14%. ADA dropped by 12,2%, decreasing cap by $ 5B, while BNB ended the week down by 5,8%, losing $$6,2B. Among the highest losers in relative terms were coins like Bitcoin Gold, which dropped by 41% w/w, DASH, EOS, IOTA, DOT lost more than 20% in value, while the majority of other coins lost somewhere between 6% and 20%. Tether was one of rare coins which increased its market cap by 1,65%, increasing by this percentage the number of its coins on the market.
Increased activity within the field of circulating coins continues. The highest weekly increase came from SOL, which increased the number of circulating coins by 0,6%, and was followed by IOTA, with a surge of 0,5%. Thai week Filecoin increased the number of coins by 0,4%, while the majority of other coins had an increase of 0,1%.
Crypto futures market
The crypto futures market reflected the sentiment from the spot market as of the end of the previous week. BTC short term futures were holding relatively flat compared to the previous week, while the longer term ones just modestly dropped by around 0,5%. However, futures maturing in December 2025 were traded almost flat to the week before, with closing price of $111.685, and $114.090 for maturity in March 2026.
ETH futures which are maturing as of the end of the year had a significant drop of 18% on a weekly level. The longer maturities had a lower weekly drop of around 3,5%. Futures maturing in December 2025 closed the week at the level of $4.242, while those maturing in March 2026 were last traded at $4.320.
Altcoin Market Cap - Target - 2.5 TrillionHow do determine if its the right time to out on Alt Coin trades? Easy. Look at total Crypto Market Cap, less ETH & BTC. Long term uptrend. Market Cap Just held support on long term up trend and If we are to truly enter the Banana Zone, I’m looking to $2.5 Trillion as the top end target. Once we are at higher timeframe oversold conditions (Weekly, Monthly) average out and take profits.
This could be where the $$$ is made…
MARKETS week ahead: December 9 – 16Last week in the news
A positive sentiment still holds on financial markets, but a star of the previous week was BTC. The value of BTC managed to cross the $100K level for the first time in history of this coin. The US equity markets also traded in a positive sentiment for the third consecutive week, with the S & P 500 reaching a fresh new all time highest level at 6.090. The US Dollar weakened a bit during the week, while the price of gold was traded sideways. The US mixed November jobs data supported market expectations over another 25bps Fed's rate cut, in which sense, the 10Y Treasury yields were traded to the downside, ending the week at 4,17%.
The US Non-farm Payrolls and unemployment data were the main macro data posted for the week. The results were pretty mixed as defined by the majority of macro analysts. The US added 227K new jobs in November, which was modestly above the market expectation. At the same time, unemployment reached 4,2% in November, a bit higher from 4,1% posted previously. The analyst described figures as “not too hot and not too cold”. Still, it did not change the current sentiment regarding the expectation over a 25 bps Fed's rate cut. As per CME FedWatch Tool, currently there are 85% odds that the Fed will cut at their December meeting, scheduled for December 17-18th.
The news that pushed BTC to the levels above the $100K target was a nomination of Paul S. Atkins as a new leader of the US Securities and Exchange Commission. Atkins previously served in the SEC, under the Bush administration, and is known as a supporter of free-market principles. He is also known as a supporter of Chamber of Digital Commerce, which supports bringing up the clear regulation in the US regarding the crypto currencies.
In a recent interview with CNBC, a CEO of MicroStrategy, Michael Saylor, noted that the company wants to take Treasury function for BTC holders. As the company already is providing bonds, convertible bonds, notes, options, backed with crypto assets, they indeed might take a higher role in the further development of the BTC market in the US. At the same time, at his X account, Michael Saylor posted that the company bought another 15.400 BTC at the price of $95.976, bringing it to total holdings of 402.100BTC.
The European Central Bank issued a second progress report on the digital Euro preparation phase. The report notes an update of the single rulebook with comments from consumers and business and also calls for applications to select potential external providers of the service.
Crypto market cap
The previous week was a significant one for the crypto market. The long awaited $100K target for BTC has been reached. Actually the new all time highest level for BTC currently stands at $103.813. The news that hit the market and also the crypto market to the upside was the announcement of the nomination of Paul S. Atkins as the new SEC Chair under the Trump administration. Atkins is known in the business circles as a person who supports a clear regulation of the crypto market, in which sense, the crypto investors are expecting some positive developments under his presidency. Total crypto market capitalization was increased by additional $ 230B, or 7% on a weekly basis. Daily trading volumes were again increased to the level of around $405B on a daily basis, from $320B traded a week before. Total crypto market capitalization increase from the end of the previous year currently stands at $1.942B, which represents a 119% surge from the beginning of this year.
The majority of coins ended the week in green. Although BTC was certainly a star of the week, still, the altcoins were for one more time in the center of investors attention. Despite the new ATH, BTC ended the week by 2,8% higher from the week before, adding $55B to its market cap. ETH was another star of the week, as the coins managed to touch the $ 4K level, bringing its market cap higher by 7,3%, adding $ 33B to it. XRP continues to shine for the third week in a row. This week, XRP managed to add an additional 30% to its cap, increasing it by $33B. BNB had an excellent week, where its market cap increased by more than 14% or almost $14B. This week, Tron should be mentioned as the coin surged by 54% w/w, adding to its market cap $9,7B. Extraordinary week on the crypto market, where the majority of other altcoins managed to add somewhere between 15% and 30% in value.
Developments with circulating coins continue. This week Polygon should be especially mentioned, as it decreased the number of its coins in circulation by 12% w/w. On the opposite side were the majority of other altcoins. Tether had another good week, where the number of coins increased by additional 2,8%, increasing its market cap by this percentage. Filecoin had a surge of coins in circulation by 0,5%, while Maker had an increase of 0,4%.
Crypto futures market
Same as the spot market, the crypto futures market was quite happy with the nomination of Paul S. Atkins as a new SEC Chair. BTC short term futures were traded higher by 3%, while the longer term ones by more than 4%. Current structure of futures prices looks pretty positive, with December 2024 last traded at $101.580, and above the $100K target. December 2025 closed the week at the level of $111.715.
ETH futures had a stronger weekly push in the value of futures, which were traded by more than 12% higher from the week before. Futures maturing in December this year closed the week at the level of $4.068, the first time after many weeks, the price was closed above the $ 4K target. This level holds for other maturities, so December 2025 was last traded at $4.388.
$ETH Price Finally Hit $4000 and Take Profit 3 Done, See chartBINANCE:ETHUSDT Finally Price Hit $4000 and Take Profit 3 Done, See chart
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MARKETS week ahead: December 2 – 8Last week in the news
Regardless of a Thanksgiving Holiday in the US during the previous week, markets ended November with a positive sentiment. The US equity market ended its one of best months in the year, with the S & P 500 reaching its new all-time highest level at 6.040. Decreased geopolitical risks and strengthening of US Dollar, impact the price of gold to slow down a bit during the week, ending it around $2,670 level. In expectation of further Fed's rate cuts, the 10Y US Treasury yields dropped to the level of 4,17%. The crypto market remained with a positive post-election sentiment, where BTC tried for one more time to break the $100K level.
From the US macro perspective, there were two major events during the previous week, which impact market sentiment prior to Holidays. Fed's favorite inflation gauge was released, as well as FOMC Minutes from their November's meeting. The PCE data were in line with market expectations. The PCE price Index increased by 0,2% in November, reaching the yearly level of 2,3%. Core PCE remained smoothly elevated at the level of 0,3% for the month. At the same time, Personal Income was higher by 0,6% for the month, while Personal Spending was up by 0,4% for the month. The FOMC meeting minutes revealed conclusions of Feds members at their November meeting that if inflation continues further to slow down and if labour data continue to move in line with their expectations, this would be a solid case for further rate decrease. Current odds for 25 bps interest rate cuts stands at 66%, as per CME FedWatch Tool.
Another event that was closely watched by investors during the previous week is a shopping-holiday popularly called the Black Friday. First estimations showed that the spending of US customers climbed by 3,4% on a yearly basis. This year total e-commerce sales over the internet increased by an incredible 14,3% year-over-year, which shows a clear change of customer habits for incline purchase instead of shopping in stores.
Analysts from Morgan Stanley gave their projection of equities in China for the year 2025. As per their analysis, China can expect a relatively volatile equity market, with major threats mentioned “earnings pressure, geopolitical risks and potential tariffs”. At the same time, analysts see that exports will hold, due to competitive pricing, however, the housing market is expected to stay under pressure.
In an interview with CNBC, a VettaFi representative said that the next year belongs to small cap companies, in which sense, a small-cap index Russel 2000 could benefit the most. The environment of lower interest rates would be beneficial for further growth of these companies. Such sentiment started from November, where the index Russel 2000 gained 11%, and total 35% during the course of this year.
Crypto market cap
Although BTC was the star of the crypto market in the after-election period, still, the previous week belongs to altcoins, since now they are the ones to drive the total crypto market capitalization to the upside. Total crypto market capitalization increased by 2% on a weekly basis, where mostly altcoins managed to add some $70B. At the same time, daily trading volumes remained elevated, around $320B on a daily basis, modestly decreased from $412B traded two weeks ago. Total crypto market capitalization increase from the end of the previous year currently stands at $1.712B, which represents a 105% surge from the beginning of this year.
During the previous week BTC was on a net losing side, decreasing its market cap by modest $ 20B or 1% on a weekly basis. Another altcoin that was driving the market to the downside was market favourite Solana, with a drop in value of 6% or $7.4B. ETH and XRP were coins which gained the most in nominal terms. ETH managed to add $34.8B to its market cap, increasing it by 8.4%. XRP continues to drive market attention, with this week's surge of 28.7%, adding another $24.5B to its market cap. ADA was another altcoin with solid weekly performance, with an increase in its cap by $ 1B or almost 3%. THETA should be especially mentioned this week, as the coin gained 62% on a weekly basis, and was traded at the level of $3.11. Such an increase was rare to see previously with THETA. In relative terms, market attention was standing with Algorand, which increased its value by 53.3%, Filecoin was up by 32%, Uniswap was traded higher by 17%, while Maker gained 12% w/w.
Increased activity with circulating coins continues. This week Polygon was on a negative side, with a decrease of total coins on the market by 3.9%. On the opposite side was Filecoin, with an increase by 0.8%, IOTAs number of coins increased by 0.5%, while Stellar added 0.2% of new coins. Tether should be especially mentioned, as this week stablecoin increased its number of coins by 1.4%, same as its market capitalization.
Crypto futures market
As of the end of the previous week, the crypto futures market eased a bit for BTC, in line with the spot market developments. BTC futures were traded more than 2% lower for all maturities. During the week, futures maturing in December 2024 reached the level of $100K, however, they are ending the week at $98.540. However, futures from February 2025 are holding above $100K, where December 2025 closed the week at $107.120.
On the opposite side were ETH futures which were traded in green by more than 8% for all maturities. December 2024 ended the week at the level of $3.631, while those maturing a year later were last traded at $3.894. It is important to note that futures maturing in March 2026 are nearing toward the $ 4K level, while the closing price was $3.966.
Potential Correction for the Cryptocurrency Market CapAccording to the chart you're viewing, there is a resistance zone (3.36T to 3.26T) ahead. Considering the bullish momentum in the last three candles, there is a possibility of a breakout. However, if the cryptocurrency market cap is going to undergo a correction before reaching the top of the bullish channel, I think this zone is where the correction will occur.