#数字资产市场动态 🔍 Latest Midday Market Summary

**Major Cryptocurrency Performance**

$BTC Today is a bit weak—around $87,329, down 2.92% in 24 hours. Remember the surge to $93,000 on December 11? Now it's steadily correcting downward.

$ETH The decline isn't large, at $2,934.8, down only 0.24% in 24 hours, but over a week, it has dropped 2.62%. From a technical perspective, the bearish sentiment is still quite strong.

**Why is this happening? Three perspectives**

First, this decline isn't unique to the crypto market. Major US stock indices, gold, and silver—traditional financial assets—are also plunging. It seems more like a global risk-off sentiment intensifying or large funds are focusing on profit-taking.

Second, we're at the end-of-year holiday period, and market liquidity is tight. With low trading volume, small inflows and outflows are amplified, making price fluctuations more volatile than usual. In such conditions, a large order can create an "abnormal market movement."

Third, institutional voices are also cautious. Some believe Bitcoin may enter a long-term downtrend, lasting at least a few months. Meanwhile, market enthusiasm is shifting from altcoins back to leading assets like BTC and ETH.

**Short-term outlook?**

In the liquidity-scarce environment at year-end, volatility will continue to increase. The key is to watch important support levels and wait until the holidays are over and funds become active again before making decisions. If you're interested in discussing support levels, volume changes, and other technical details, we can continue the conversation.