Trading

On 17 December 2025, Bitcoin was down more than a third from its cycle high earlier this year, with the drop attributed to tightening liquidity and aggressive deleveraging. Market participants point to the low-to-mid $80,000s as a potential stabilization zone linked to institutional ETF cost bases, while derivatives open interest has fallen sharply.

Aave stated on December 16 that the SEC had closed its four-year investigation, referencing a letter the team received in mid-August. Founder Stani Kulechov said the process drained resources and declared "DeFi will win." Following the update, AAVE fell about 4% to $183, while Binance Altcoin Netflow pointed to exchange outflows and possible accumulation below $200.

On December 17, 2025, Whale Alert tracked a 3,000 BTC transfer worth $260,387,071 into Binance's "15KX2" deposit address. Arkham tied the sending wallets to Matrixport, and two Matrixport-linked wallets moved about 4,000 BTC ($347.56 million) to Binance the same day. Bitcoin hovered near $86,600, with no confirmed spot selling visible in the order book.

Bitcoin is trading around $86,500 after nearly a 30% slide from its October high above $126,000. Analysts say a decisive break above $88,000 is needed, or attention may shift to $83,000 and $80,000, with some highlighting a deeper $72,000–$75,000 area. Longer-term signals turned cautious as weekly Supertrend support was lost and liquidations drove recent downside.

On-chain data indicates Bitcoin is on track for its fourth consecutive annual decline. A sharp selloff during Monday’s New York session pushed the price down 3.7%, extending the year-to-date slide to 7%. Analysts at Apollo Crypto and STS Digital highlight weak follow-through, ETF outflows, and a prolonged consolidation between $70,000 and $100,000.

Toncoin is attempting to stabilize on the daily chart after several weak sessions. Price remains below short- and mid‑term moving averages, with $1.50 as a key support and $1.63–$1.65 as near‑term resistance. Momentum gauges point to fading bearish pressure as traders assess whether consolidation can hold.

Ethereum traded around $2,957 while more than 28,500 ETH was dumped by large holders, including a wallet linked to Lido Finance's founding member. Despite this heavy selling, price stayed above an ascending support area near $2,882 and between the 50%–61% Fibonacci retracement levels, keeping both a move toward $3,000+ liquidity and a drop toward $2,607 on the table.

On Wednesday, PlanB said selling from long‑time holders and technical traders is offsetting demand, leaving Bitcoin range‑bound. Joe Consorti added on December 16, 2025 that further declines are possible, citing past drawdowns of 44% and 54%. BTC briefly rebounded from $85,000 to near $88,000 before slipping back to $87,500.

On the daily timeframe, Bitcoin is trading below its short- and medium-term exponential moving averages while consolidating above demand in the $87,000 region. Momentum tools such as MACD and RSI show fading downside pressure, but multiple resistance zones between the upper $87,000s and mid-$92,000s continue to cap upside attempts. Traders are focusing on whether price can reclaim key averages or close below support to confirm the next directional move.

XRP rebounded above $1.90 but remains capped under $2.00 amid consolidation. On the hourly XRP/USD chart (data source: Kraken), resistance near $1.9520 aligns with the 100-hour SMA, while supports stand at $1.90 and $1.850. A decisive close above $2.00 could open $2.050 and $2.120; failure risks a pullback toward $1.850.