2025-12-13 13:30:16

#美联储降息【Market Scan】Cryptocurrency Market Observation Notes for December 13

🔍 What's the situation with the market recently?
Bitcoin has been fluctuating around $90,000, with bulls and bears arguing. There are no clear short-term signals. Tech stocks and AI concepts have underperformed lately, and market sentiment is cautious, but it hasn't reached panic selling levels. On the other hand, spot ETFs have seen continuous net inflows this week, indicating that institutional large funds are still in the market and there are no signs of a full retreat.

📋 What regulatory aspects should be watched?
High-level personnel changes at the CFTC and Federal Deposit Insurance Corporation are mostly settled, and the market generally expects a clearer and more institutionalized direction for crypto regulation. While uncertainties haven't completely dissipated, policy risks are cooling compared to previous years. Additionally, a leading tech company with heavy Bitcoin holdings was included in the latest index rebalancing, but whether the index provider will exclude "high crypto exposure companies" in the future is a potential risk to watch closely.

Emerging markets are also moving: the Pakistani government is collaborating with major trading platforms to tokenize government and sovereign assets, potentially involving tens of billions of dollars, which indicates blockchain technology is gradually taking root in traditional finance and public asset management.

💰 Capital and Asset Trends
High-net-worth individuals in Asia have a significant allocation to crypto assets, and they tend to hold long-term and seek growth potential stocks. This reflects a trend: crypto is no longer just speculation; it is increasingly resembling a regular asset allocation option.

Although XRP investment products continue to attract funds, its price remains in a range-bound consolidation with limited short-term momentum. HYPE tokens continue to retrace, and derivatives and high-leverage projects pose higher risks in volatile markets.

⚠️ Macro Risks
Pay attention to the potential interest rate hikes by the Bank of Japan—if capital flows back into traditional assets, the pressure on the crypto market could be substantial. Some central banks still mention that Bitcoin's volatility is too high for official reserves, but there is recognition of the potential of stablecoins in cross-border payments.

$ETH The market is still observing.

BTC0.34%

XRP1.53%

HYPE2.25%

ETH-0.08%

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BlockchainFoodie

· 18h ago

honestly the btc sideways action at 9k is giving me stale bread vibes... like yeah the institutions are still munching (those etf flows don't lie) but where's the umami? feels like we're waiting for the chef to decide which way the kitchen's going ngl

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PaperHandsCriminal

· 12-15 23:45

Still stuck at 90,000 with friction, huh? I bet five bucks this wave will still keep me trapped. Institutions are inflowing while also harvesting the little guys. I don't believe you at all. Pakistan is working on tokenization, while we're still debating repeatedly. Truly impressive. XRP is still dreaming. I've already liquidated and gone to sleep. With the Bank of Japan raising interest rates again, we're forced to cut losses and chase higher yields.

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PumpBeforeRug

· 12-15 10:30

$90,000 stuck for so long, and the shorts are really becoming increasingly powerless. It seems institutions still can't panic.

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WhaleMinion

· 12-14 20:07

$90,000 really acts like a magnet in this position, with bulls and bears repeatedly pulling back and forth. It's getting so boring. Institutions are still holding onto spot ETFs tightly, which shows they have a clear understanding, unlike retail investors who are tangled up every day over whether it will go up or down. Pakistan is doing asset tokenization? This indicates that crypto is really about to go mainstream, but keep a close eye on the index to exclude this issue. XRP has started to consolidate within a range again. This rhythm can really drive people crazy. Whenever the Bank of Japan moves, we have to tighten up. The power of capital flow back is no joke. Leverage in volatile markets is basically money in the bank, but you can't play with it. More and more people are understanding the long-term holding strategy. Crypto is becoming part of asset allocation.

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DataPickledFish

· 12-13 14:00

Institutions are still buying, indicating that there are still bottom signals, but the 90,000 yuan level is really frustrating.

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DaoResearcher

· 12-13 13:56

According to the incentive mechanism in the white paper, the net inflow data of spot ETFs actually reflects a shift in institutional governance preferences — this is not simply capital accumulation, but the implicit infiltration of Token Weighted Voting logic into traditional finance. It is worth noting that this phenomenon has historically led to multi-interpretation game problems in governance proposals. The tokenization of sovereign assets in Pakistan, from a DAO perspective, is essentially a concrete validation of modern political economy. We are witnessing Vitalik’s former paper hypotheses gradually becoming reality, which is incredible. Once the Bank of Japan’s interest rate hike becomes a reality, the incompatibility of capital flows will be immediately exposed. At that point, it will be interesting to see whose governance mechanism can withstand a high-volatility environment.

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SoliditySurvivor

· 12-13 13:55

Arguing over around 90,000 yuan for so long, it's really crazy. It feels like the index side is about to kick out a major tech company at any moment, and then there will be another wave of halving.

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ContractExplorer

· 12-13 13:51

$90,000 mark is indeed a bit awkward, neither bulls nor bears want to admit defeat Institutions are still continuously buying spot, which shows they are confident Pakistan's asset tokenization idea is quite bold, blockchain is really moving towards the mainstream XRP is a bit disappointing this time, when will it start to move Keep a close eye on the actions of the Bank of Japan; when capital flows back into traditional markets, we might need to start bottom fishing

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BlockchainFries

· 12-13 13:44

The 90,000 level is really stuck; institutions are accumulating, but retail investors are still hesitant. It feels like waiting for a big signal.

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MEVHunterZhang

· 12-13 13:33

The 90,000-dollar rollercoaster has me all dizzy, haha. Just waiting for institutions to keep picking up the slack.

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