2025, the story comes to an end; 2026, set out with clear love

Time is a journey with no return. The twists and turns we've taken have quietly paved the map. As the last page of 2025 is about to turn, the crypto market concludes with a surge followed by a pullback, carving the marks of a year's transformation and laying the groundwork for the journey in 2026.

Looking back at the year-end market: a rise followed by a pullback + narrow fluctuations. Yesterday, Bitcoin surged but did not break through effectively, instead triggering profit-taking and sell-offs. Today, prices fluctuate narrowly around the 87200-87300 range. In the short term, the market lacks a clear directional trend, mainly showing weak oscillations. It is advisable to prioritize watching over acting, avoiding blindly chasing gains or selling in panic, and to mitigate unnecessary losses caused by short-term volatility.

With New Year's Day holiday approaching, history may not repeat exactly, but it often resembles itself. Before and after previous market holidays, liquidity shifts can trigger small waves of volatility. For investors, rather than worrying about whether the short-term "year-end red envelope" will be realized, it’s better to build an observation framework from a more professional perspective—closely monitor ETF capital flows, track macroeconomic data, and pay attention to on-chain signals. In uncertainty, seize the opportunities of certainty.

In 2025, the crypto market completed a significant transformation amid institutional waves and macroeconomic changes; in 2026, the Federal Reserve's policy shift, regulatory framework implementation, and ETF capital inflows will be the three key variables determining the market trend.

Without major positive news, a weak oscillation pattern is likely to persist. Resistance levels are focused on the 89000-90000 range, while support levels should pay close attention to the previous low of 86355. If broken, further decline towards 85000 is possible. Adopt a range trading strategy, mainly buying low and selling high.

btc🎯 88500-89000 short target 87500 if broken, watch 86500-86000 $BTC

eth🎯 2980-3020 short target 2920 if broken, watch 2850-2800 $ETH