#数字资产生态回暖 December 10th Cryptocurrency Market Scan



**Market Rebound, but with Limited Magnitude**

Bitcoin is currently fluctuating between 92K and 94K, mainly due to the market digesting expectations of a potential Federal Reserve rate cut. Ethereum's performance is even more impressive, having broken through the 3300 level, and its trend appears more stable compared to Bitcoin. The total market capitalization of cryptocurrencies has also rebounded, with large-scale capital starting to flow back into the top-ranked coins by market cap.

**What Are Institutions Up To**

A major exchange announced support for USD1 (World Liberty Financial USD) as collateral for contracts, expected to start implementation on December 11. They also plan to launch new spot trading pairs such as BNB/USD1, ETH/USD1, and SOL/USD1. Meanwhile, American Bitcoin Corp, listed on the US stock market, recently bought an additional 416 Bitcoin, bringing its total Bitcoin holdings to 4,783. This indicates that some institutions still have a strong interest in accumulating Bitcoin.

**How Do Analysts View It**

Standard Chartered Bank recently significantly lowered its Bitcoin price forecast. Previously expecting Bitcoin to reach $200,000 by the end of 2025, the forecast has now been revised down to $100,000; the 2026 target has also been adjusted from a higher level to $150,000. The reasons cited include cooling corporate buying activity and a slowdown in capital inflows into Bitcoin ETFs. Market consensus is gradually forming that future major movements in Bitcoin will mainly depend on continuous ETF capital inflows, rather than corporate buying.

**What to Watch for in the Short Term**

Although market sentiment remains strong, there are still many variables. If the Federal Reserve does not cut rates as expected, Bitcoin and Ethereum may experience a correction. Factors such as liquidity, USD exchange rates, and overall risk appetite still have considerable short-term influence. Technical indicators show some improvement, but the battle between bulls and bears can shift quickly, so the market is likely to remain volatile in the short term.
BTC-2.16%
ETH-4.79%
BNB-0.79%
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ThesisInvestorvip
· 5h ago
Standard Chartered's recent downward revision truly is a slap in the face... Cutting the target from 200,000 directly to 100,000, you must be quite bearish to change it so aggressively.
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AirdropLickervip
· 12-11 01:41
Standard Chartered's recent downward revision really can't be held back anymore, directly slashing from 200,000 to 100,000, this gap is enough to make anyone nervous.
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GasFeeNightmarevip
· 12-10 13:20
92K to 94K is still going back and forth... Unbelievable, I've been staying up late and the gas prices keep skyrocketing in gwei. I haven't dared to move my USDC holdings. The cost of saving money and waiting for the opportunity turns out to be more亏.
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ShortingEnthusiastvip
· 12-10 13:11
Standard Chartered's downward revision is pretty harsh, cutting the target from 200,000 directly down to 100,000...
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0xLuckboxvip
· 12-10 13:01
Standard Chartered directly cuts expectations this time... That's pretty harsh, dropping from 200,000 to 100,000. I just want to know if they'll cut again next time.
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DegenDreamervip
· 12-10 12:56
Standard Chartered directly cut this wave in half, from 200,000 to 100,000, which is outrageous. But to be fair, the argument that ETFs are the way to go isn't wrong; corporate buying is unreliable.
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RebaseVictimvip
· 12-10 12:53
Standard Chartered's recent downward adjustment expectations are indeed quite harsh, directly halving 200,000... But on the other hand, without corporate buying support, it really has to rely on ETFs.
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