CryptoSpecto

Ethereum may struggle to reclaim record highs in 2026 as broader crypto market conditions remain fragile, according to prominent analyst Benjamin Cowen.
Speaking on the Bankless podcast on Tuesday, Cowen said Ethereum’s outlook is closely tied to Bitcoin’s market structure, which he believes increasingly resembles a bear market.
“If Bitcoin truly is in a bear market — which is what it feels like — it would be kind of hard for Ethereum to go up there,” Cowen said.
His comments come amid growing debate over whether the crypto market has already peaked for the current cycle following sharp drawdo

the stablecoin market capitalization has exceeded $310 billion, marking a significant milestone with a 70% increase within a year. This growth is not merely another indicator of a cryptocurrency bubble but signifies a fundamental shift in the global use of digital assets.
The report highlights several key drivers behind the rapid expansion of stablecoins, including the widespread adoption of global payment applications, institutional demand, and the development of decentralized finance (DeFi). Additionally, various industry analysis models predict that, with broader integration of stablecoins

Bitcoin has crossed the 88,000 USDT benchmark and is now trading at 88,020 USDT, with a narrowed 1.46% increase in 24 hours.

recently increased their holdings by acquiring 207,316.32 SOL, valued at $25.498 million. Additionally, the investor has placed a limit order for 2,683.68 SOL within the $122.74 to $123.01 range.
Currently, the investor's SOL position is valued at $63.06 million, with a total portfolio worth $754 million. However, they are facing an accumulated unrealized loss of $43.32 million, primarily due to a $37.33 million loss from their ETH position.

The technical momentum from ZBT’s bullish MACD crossover and rising RSI levels further fueled optimism. However, with a 24-hour turnover ratio of 6.88, signaling high speculative interest, traders should stay cautious of any price corrections.
What to watch for: Can ZBT maintain its momentum above the $0.0923 pivot point?
 
BANANA: Futures Market Activity Drives Price Surge
In the same period, BANANA (Banana Gun) surged by 32.1%, aided by increasing activity in the futures market.

the Federal Reserve is anticipated to implement only limited rate cuts in 2026. With a cumulative reduction of 175 basis points in the current cycle, the Federal Reserve is nearing a neutral interest rate level. Further rate cuts in 2026 are expected to be quite limited unless there is a significant deterioration in the labor market.
Data from LSEG suggests that the market currently anticipates two rate cuts by the Federal Reserve in 2026.

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are trading below their respective moving averages, which has led short-term speculators to lose interest in these cryptocurrencies. However, Jake pointed out that the opposite scenario is also true: once these cryptocurrencies rise above key moving averages, funds are likely to flow back systematically, and market momentum is expected to recover.

current funding rates across major centralized and decentralized exchanges indicate a continued bearish sentiment in the market. The funding rates for mainstream cryptocurrencies are detailed in the accompanying chart.
Funding rates are a mechanism used by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This rate facilitates the exchange of funds between long and short traders, without the trading platform charging a fee. It serves to adjust the cost or profit of holding contracts, e

Ethereum holdings among treasury companies and institutions. Bitmine Immersion Tech (BMNR) ranks first, currently holding 4.07 million ETH. SharpLink Gaming (SBET) follows in second place with 863,020 ETH. The Ether Machine (ETHM) is third, possessing 496,710 ETH.
Previously, it was reported that Trend Research, a secondary investment institution under Yilihua, has increased its Ethereum holdings by 46,379 ETH through leveraged loans. Since early November, when the price was $3,400, Trend Research has accumulated approximately 580,000 ETH. The average cost per ETH is around $3,208, with the cu

SOL declined 3% in the past 24 hours, falling more than the broader market’s negative 2.45% move. The drop followed a rejection near the 30-day simple moving average at 132.66, reinforcing near-term selling pressure.
According to technical data, SOL price now trades below all major moving averages. Short-term references like the 10-day EMA at 126.32 and 20-day EMA at 129.52 highlight fading bullish momentum after the recent rebound attempt.

current market sentiment and on-chain structure both point to market weakness. Short-term holders are reportedly in a state of unrealized loss, and all key recent support levels have turned into resistance.

decline of Bitcoin (BTC) during U.S. trading hours has led to a noticeable bearish sentiment within the English-speaking community. Traders have expressed disappointment over the market's weakness. Key price levels include $86,000, which has been a critical support level tested repeatedly over the past five weeks, while $93,000 and $88,000 serve as important reference points for short-term trading strategies.

Bitcoin spot ETFs saw a total net outflow of $142 million. The Bitcoin spot ETF with the highest single-day net inflow was Blackrock's ETF IBIT, which recorded an inflow of $5.9981 million, bringing its historical total net inflow to $62.497 billion. Conversely, the Bitcoin spot ETF with the largest single-day net outflow was Bitwise ETF BITB, which experienced an outflow of $34.9573 million, with its historical total net inflow reaching $2.139 billion. As of the time of reporting, the total net asset value of Bitcoin spot ETFs stands at $114.992 billion, with an ETF net asset ratio of 6.52% r

#CryptoMarketMildlyRebounds Ethereum has dropped below 3,000 USDT and is now trading at 2,995.669922 USDT, with a narrowed narrowed 0.17% increase in 24 hours.

Ethereum price regained the $3,000 level this week, but rising ETF outflows and slowing network activity are tempering confidence. While price action suggests short-term bullish momentum, broader indicators point to mixed sentiment across the crypto market.
 
Ethereum Rallies Above $3K Amid Mixed Signals
Ether is currently trading at $3,063.96, holding above the key $3,000 psychological support. The move reflects short-term strength after recent consolidation, with several short-term moving averages flashing buy signals.

Bitcoin is entering the Christmas trading window. Market rating indicators suggest a bullish outlook, although sentiment has not yet overheated. The liquidation of short positions is further intensifying the asymmetric market situation favoring buyers.
The structure of the derivatives market reveals that the current Bitcoin futures market is primarily focused on short covering. This is expected to create mechanical buying pressure, driving prices upward and leading the market into a state of 'bullish neutrality.' The anticipated returns are positive.

#ETHTrendWatch Ethereum has crossed the 3,000 USDT benchmark and is now trading at 3,000.300049 USDT, with a narrowed 0.49% increase in 24 hours.