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#️⃣ #DecemberMarketOutlook



BTC Breaks Below 90K — December Could Become the Most Critical Month of 2024

December has just begun, and the crypto market didn’t wait to remind us who's in charge.
BTC dumped over $4,000 in two hours, hitting $86,161, ETH slipped below $2,900, and $480M+ in long positions were wiped out in a single day.
Nearly 200,000 traders got liquidated overnight.

❗Why the sudden crash?

Four major negative catalysts hit the market at once:

1️⃣ Regulatory pressure returns:
Multiple financial authorities reiterate that “virtual currencies are illegal financial activities.” Panic follows instantly.

2️⃣ Global macro tightening:
Japan hints at a December rate hike, the Fed hasn’t cut rates yet — risk-on assets lose momentum.

3️⃣ Institutions move slow:
Yes, ETFs show inflows…
No, they are not enough to offset BlackRock’s $2.34B November outflow.

4️⃣ Whales exit quietly:
An old whale moved 7,000 ETH from 2016, and other big holders continue selling — confidence takes a hit.

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✨ But inside the fear… two major bullish sparks for December:

⭐ Fed expected to stop QT:
After pulling $2T out of the system in 3 years, halting QT = liquidity relief.
Market expects a “mini-injection.”

⭐ 87.4% chance of a rate cut:
If the Fed cuts by 25bps on Dec 10, it could be the strongest upside catalyst of the year.

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🔍 What do analysts say?

Here’s how top industry experts are reading the market:

CryptoQuant: Stablecoins hit $160B+ — “ample ammunition” building for a rebound.

MisterCrypto: Retail panic = institutional accumulation zone.

Arthur Hayes: BTC could hit $250K — claims $80.6K was the bottom.

Dr. Dragosch: Macro setup resembles early 2020; BTC price is lagging behind fundamentals.

Santiment: ETH eyeing a rebound to $3,200.

Ali: Market sentiment needs a 37% drop to bottom — currently at 20%.

Matrixport: Macro vs. seasonal trends conflict — key supports must be watched.

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📌 Summary: Volatility = Risk + Opportunity

December is shaping up to be a make-or-break month driven by:

🔹 Federal Reserve policy

🔹 Stablecoin liquidity

🔹 Whale behavior

📉 If you're heavily invested, avoid emotional cut-loss decisions.
💰 If you're planning to buy the dip, patience > impulse — let the signals confirm.

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BTC6.36%
ETH8.81%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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