2025-12-25 04:20:48

What does recent Bitcoin performance really mean? Analyst Beimnet Abebe has shared his insights.

From a technical perspective, BTC is hovering around the 50-week moving average, but downside risks still exist. If the price continues to decline, the 100-week and even the 200-week moving averages could become the next support levels. Currently, the price is in the $85.5K range. The analyst stated that once it drops below $80K, he would buy without hesitation.

More interesting is the change in market sentiment. Social media buzz has noticeably declined, although institutional funds are still present, the early "decentralized coolness" has faded. Volatility has also contracted significantly — this prevents large drops but also makes bubble-like rebounds unlikely.

On-chain data offers another perspective. ETF inflows are continuous, but the True MVRV indicator is not reacting strongly. Smart money, in a low-volatility environment, prefers to realize profits rather than continue adding positions. Weak demand and pullbacks are now facts. This phase might be the moment for investors waiting for opportunities to take action.

BTC0.45%

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WalletInspector

· 7h ago

Wait a minute, all the smart money is fleeing, and we're retail investors still holding the bag? Basically, institutions take their profits and leave, and we're still studying moving averages. Will 80,000 really come? It feels like it's forever away. This market trend is boring; with no volatility left, what's the point of playing? The coolness of decentralization has faded; to put it nicely, it's probably just the leeks waking up.

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JustHereForMemes

· 7h ago

Can $80,000 really hold? I don't quite believe this talk. Breaking below $80,000 and going all-in is easy to say but hard to do, brother. Social media buzz is gone, but I'm still here, and that's enough. Smart money taking profits? Then should I, the foolish money, be buying the dip? Contraction in volatility is brewing a big move, just wait and see. Is true MVRV not enthusiastic? That's just energy accumulating. People buying at this point will face either heaven or hell in half a year. Here we go again with support levels; a true story only when it breaks below. Institutions are still here, which means it's not dead, so no big problem.

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WenMoon