Daily market key data review and trend analysis, jointly produced by PANews and OSL.Daily market key data review and trend analysis, jointly produced by PANews and OSL.

OSL Trading Time: Bitcoin Bull-Bear Game, Ethereum Shows Initial Signs of Recovery

2024/12/30 11:48

OSL Trading Time: Bitcoin Bull-Bear Game, Ethereum Shows Initial Signs of Recovery

1. Market observation

Keywords: ETH, BTC, MiCA

As the end of the year approaches, the market is full of expectations and disagreements about Bitcoin's performance in the next few years. MicroStrategy co-founder Michael Saylor disclosed that the company holds 444,000 Bitcoins, with a total value of approximately US$41.4 billion, and hinted at further purchase plans. El Salvador continues to increase its holdings, and currently has more than 6,000 Bitcoin reserves, worth US$569 million. However, Bitcoin has difficulty maintaining the $100,000 support level, and sideways fluctuations have increased market uncertainty.

Crypto strategists predict that the Bitcoin bull run may end in a high-profile way. Blockware Solutions predicts that Bitcoin may climb to $150,000 to $400,000 by 2025, an optimistic forecast driven by Federal Reserve policy, corporate adoption and Trump's strategic Bitcoin reserve plan. NBA legend Scottie Pippen is even bolder, pointing to Bitcoin's next key target price of $1 million. But the market is not all optimistic. Some analysts warn that Bitcoin may adjust in the short term and even fall to $76,000. In addition, Bill Gates continues to be skeptical of Bitcoin, criticizing its lack of productivity and believing that it has hidden dangers as an asset class. Whether the United States will include Bitcoin in its financial reserves remains controversial, and the balance between dollar hegemony and cryptocurrency opportunities remains to be seen.

In the Ethereum market, futures data showed that selling pressure eased and signs of recovery began to emerge. At the same time, after Ethereum transferred 200,000 ETH to Kraken, some old-fashioned crypto wallets that had been silent for many years became active again, indicating that the crypto market is nurturing hope amid volatility. The crypto world is still full of unknowns, but it also indicates that the next moment of change is coming.

2. Key data (as of 09:05 HKT on December 30)

  • S&P 500: 5,970.84 (+25.18% year-to-date)
  • Nasdaq: 19,722.03 (+31.38% year-to-date)
  • 10-year Treasury yield: 4.626% (+74.51 basis points this year)
  • US Dollar Index: 108.00 (+6.86% year-to-date)
  • Bitcoin: $934,00.96 (+120.99% year-to-date), with a daily spot volume of $30.27 billion
  • Ethereum: $3,380.99 (+48.19% year-to-date), with a daily spot volume of $13.93 billion

3. ETF flows (December 27 EST)

  • Bitcoin ETF: -$297.75 million

  • Ethereum ETF: +$47.77 million

4. Important Dates (Hong Kong Time)

ISM Manufacturing PMI (January 3, 11:00 p.m.)

  • Actual: To be announced / Previous value: 48.4% / Expected: 48.3%

5. Hot News

This week’s preview | FTX claims processing will begin on January 3, 2025; Markets in Crypto Assets (MiCA) takes effect

Macro Outlook This Week: Markets tend to remain calm during the New Year's Day holiday, but economic data may slap the Fed in the face

Report: 51 countries/regions prohibit crypto assets, and some economies regulate them by adjusting laws or re-legislating

Hamster Kombat to build L2 blockchain on TON chain

FLock announces token economics and airdrop plan: 66.7% allocated to the community and ecosystem

German FDP Chairman Calls for Bitcoin and Other Cryptocurrencies to be Included in Central Bank Reserves

Data: SUI, OP, ZETA and other tokens will be unlocked in large amounts next week, of which SUI unlocks about $270 million

Tether CEO retweets several tweets saying USDT will not be deemed illegal in Europe on December 30

Modular blockchain Sophon completes mining migration and opens mainnet mining

El Salvador's Bitcoin reserves reach 6,000, worth about $569 million

VIRTUAL's market value exceeds $3.428 billion, surpassing TAO and rising to 47th place in the cryptocurrency market value ranking

ai16z initiated a proposal to upgrade the token economics model and proposed to launch Launchpad

Michael Saylor: 60 companies hold more than 590,000 BTC

Galaxy Research Annual Forecast: BTC will exceed $150,000 in the first half of the year, and ETH will exceed $5,500

The IRS requires DeFi brokers to report digital asset sales proceeds and collect user transaction information starting in 2027

Powered by OSL - Hong Kong's largest OTC trading platform, providing regulated digital asset services to the market since 2018.

Market Opportunity
SQUID MEME Logo
SQUID MEME Price(GAME)
$32.7806
$32.7806$32.7806
-0.06%
USD
SQUID MEME (GAME) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Building a DEXScreener Clone: A Step-by-Step Guide

Building a DEXScreener Clone: A Step-by-Step Guide

DEX Screener is used by crypto traders who need access to on-chain data like trading volumes, liquidity, and token prices. This information allows them to analyze trends, monitor new listings, and make informed investment decisions. In this tutorial, I will build a DEXScreener clone from scratch, covering everything from the initial design to a functional app. We will use Streamlit, a Python framework for building full-stack apps.
Share
Hackernoon2025/09/18 15:05
Which DOGE? Musk's Cryptic Post Explodes Confusion

Which DOGE? Musk's Cryptic Post Explodes Confusion

A viral chart documenting a sharp decline in U.S. federal employment during President Trump's second term has sparked unexpected confusion in cryptocurrency markets
Share
Coinstats2025/12/20 01:13
Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Following the MCP and A2A protocols, the AI Agent market has seen another blockbuster arrival: the Agent Payments Protocol (AP2), developed by Google. This will clearly further enhance AI Agents' autonomous multi-tasking capabilities, but the unfortunate reality is that it has little to do with web3AI. Let's take a closer look: What problem does AP2 solve? Simply put, the MCP protocol is like a universal hook, enabling AI agents to connect to various external tools and data sources; A2A is a team collaboration communication protocol that allows multiple AI agents to cooperate with each other to complete complex tasks; AP2 completes the last piece of the puzzle - payment capability. In other words, MCP opens up connectivity, A2A promotes collaboration efficiency, and AP2 achieves value exchange. The arrival of AP2 truly injects "soul" into the autonomous collaboration and task execution of Multi-Agents. Imagine AI Agents connecting Qunar, Meituan, and Didi to complete the booking of flights, hotels, and car rentals, but then getting stuck at the point of "self-payment." What's the point of all that multitasking? So, remember this: AP2 is an extension of MCP+A2A, solving the last mile problem of AI Agent automated execution. What are the technical highlights of AP2? The core innovation of AP2 is the Mandates mechanism, which is divided into real-time authorization mode and delegated authorization mode. Real-time authorization is easy to understand. The AI Agent finds the product and shows it to you. The operation can only be performed after the user signs. Delegated authorization requires the user to set rules in advance, such as only buying the iPhone 17 when the price drops to 5,000. The AI Agent monitors the trigger conditions and executes automatically. The implementation logic is cryptographically signed using Verifiable Credentials (VCs). Users can set complex commission conditions, including price ranges, time limits, and payment method priorities, forming a tamper-proof digital contract. Once signed, the AI Agent executes according to the conditions, with VCs ensuring auditability and security at every step. Of particular note is the "A2A x402" extension, a technical component developed by Google specifically for crypto payments, developed in collaboration with Coinbase and the Ethereum Foundation. This extension enables AI Agents to seamlessly process stablecoins, ETH, and other blockchain assets, supporting native payment scenarios within the Web3 ecosystem. What kind of imagination space can AP2 bring? After analyzing the technical principles, do you think that's it? Yes, in fact, the AP2 is boring when it is disassembled alone. Its real charm lies in connecting and opening up the "MCP+A2A+AP2" technology stack, completely opening up the complete link of AI Agent's autonomous analysis+execution+payment. From now on, AI Agents can open up many application scenarios. For example, AI Agents for stock investment and financial management can help us monitor the market 24/7 and conduct independent transactions. Enterprise procurement AI Agents can automatically replenish and renew without human intervention. AP2's complementary payment capabilities will further expand the penetration of the Agent-to-Agent economy into more scenarios. Google obviously understands that after the technical framework is established, the ecological implementation must be relied upon, so it has brought in more than 60 partners to develop it, almost covering the entire payment and business ecosystem. Interestingly, it also involves major Crypto players such as Ethereum, Coinbase, MetaMask, and Sui. Combined with the current trend of currency and stock integration, the imagination space has been doubled. Is web3 AI really dead? Not entirely. Google's AP2 looks complete, but it only achieves technical compatibility with Crypto payments. It can only be regarded as an extension of the traditional authorization framework and belongs to the category of automated execution. There is a "paradigm" difference between it and the autonomous asset management pursued by pure Crypto native solutions. The Crypto-native solutions under exploration are taking the "decentralized custody + on-chain verification" route, including AI Agent autonomous asset management, AI Agent autonomous transactions (DeFAI), AI Agent digital identity and on-chain reputation system (ERC-8004...), AI Agent on-chain governance DAO framework, AI Agent NPC and digital avatars, and many other interesting and fun directions. Ultimately, once users get used to AI Agent payments in traditional fields, their acceptance of AI Agents autonomously owning digital assets will also increase. And for those scenarios that AP2 cannot reach, such as anonymous transactions, censorship-resistant payments, and decentralized asset management, there will always be a time for crypto-native solutions to show their strength? The two are more likely to be complementary rather than competitive, but to be honest, the key technological advancements behind AI Agents currently all come from web2AI, and web3AI still needs to keep up the good work!
Share
PANews2025/09/18 07:00