2025-12-26 01:22:28

The S&P and gold both hit new highs, but Bitcoin is caught in a dilemma. The underlying logic is actually quite straightforward.

First, long-term holders are continuously selling, causing a noticeable loosening of the chips. Meanwhile, the main force is repeatedly shaking out the market, with structural weakness and a severe lack of buying interest. More importantly, BTC ETFs are continuously facing outflows. At the year-end, tax considerations and profit-taking expectations are also suppressing market sentiment.

This is not to say that a bull market is not coming, but that funds are waiting for more attractive positions. The technical setup of a triple bottom is worth paying close attention to, as this could be a good opportunity for an upcoming surge.

BTC1.53%

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SmartContractPlumber

· 4h ago

Well, that's a good point. But I have to say, I've heard this "waiting for lower levels" argument too many times — every time it's said to be a "good opportunity to lurk," and what happens in the end? Funds are waiting, the big players are waiting, and what often results is a wave of head-shaking. I do agree with the triple bottom pattern, but we need to confirm whether the support levels on the chart have been broken — this is the most easily overlooked aspect. Just like contract audits, surface-level security points often hide permission control vulnerabilities; once exploited, it can lead to total loss. The tax pressure is real, but when it comes to ETF fund outflows, it depends on the data source — don’t be misled by self-media hype.

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ShitcoinConnoisseur

· 4h ago

Long-term holders are疯狂 selling off, this rhythm is really amazing Retail investors are still waiting for the bottom, while institutions have already ambushed at the triple bottom, right? ETF outflows are just giving us a lesson, listen carefully The ones who cut losses at the end of the year are always us, haha It's really just funds choosing the fattest prey, waiting patiently

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LiquidityNinja

· 4h ago

Wow, the long-term holders are dumping, and the main players are still washing out. How is this supposed to play out? The triple bottom is indeed tempting, but I still feel there’s room for further decline. Let’s wait a bit longer. It’s the usual year-end tactic of cutting leeks; 80% of it has already happened. Funds have all shifted to trading S&P and gold, leaving BTC neglected, which is really unreasonable. Lurking sounds cool, but we still need to be cautious before the bottom is confirmed, brother. Basically, no one is buying. Just wait for the price to go lower.

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