On 31 December 2025, Bitcoin is trading sideways around $88,700, with market participants watching a tight range between nearby support and resistance. Spot Bitcoin ETFs hold about $116.5 billion in assets and roughly 612,000 BTC, and traders are assessing whether renewed inflows and solid institutional demand can trigger a breakout as 2026 begins. Technical indicators show a neutral structure within a symmetrical triangle, while some investors also monitor meme coin PEPENODE as its presale approaches its fundraising cap.

According to Michael van de Poppe, Bitcoin has struggled to sustain moves above $88k, with fresh rejections near $90k over the past three weeks. He suggests a drop toward $83.8k or even $80k may be needed before a stronger upside can develop. The article notes at least six failed bids to reclaim $90k, including one earlier today.

According to CyrilXBT, Bitcoin is currently in tight consolidation after a rejection near $100,000, with price compressed around $88,000–$90,000. Daan Crypto Trades expects a decisive move within one to two weeks, highlighting tension between a breakout above the descending trendline and a possible downside flush.

Bitcoin Exchange Netflow measures the difference between BTC inflows and outflows on centralized exchanges and helps assess buy and sell pressure. This guide explains how the metric is calculated, how to read positive, negative and neutral values, and how to turn them into trading signals with concrete historical examples. It also shows how to combine Netflow with indicators like SOPR, funding rates and exchange reserves, while outlining key limitations and risks.

On December 31, 2025, crypto trader Michaël van de Poppe said the BTCUSD/gold ratio is showing a bullish divergence on the daily chart. He highlighted a potential rotation from gold into Bitcoin after Monday’s pullback, while BTC traded at $87,975 and roughly one Bitcoin equaled around 20 ounces of gold. He compared the setup to Q3 2024 and Q4 2022.

According to Axel Adler Jr., Bitcoin's short-term holders are underwater as price trades below their average cost basis, and the STH Realized Price keeps falling. Stress has persisted since October 17, with weekly and monthly gains of +0.9% and +2.3% but a −26.7% quarterly drop; the model expects ~3% downside over the next week.

According to on-chain analyst Darkfost, Bitcoin long-term holders, defined as addresses holding coins for more than six months, have shifted from net distribution to slight accumulation after months of selling. By adjusting data to strip out the impact of nearly 800,000 BTC moving off Coinbase, he finds the long-term holder supply change has turned modestly positive, with about 10,700 BTC aging into this cohort. Other analysts, including Ki Young Ju and Matthew Sigel, view the end of this large distribution phase as easing a major source of selling pressure, though it does not guarantee a price bottom.

Nasdaq‑listed Prenetics Global has halted its "1 BTC per day" accumulation strategy and frozen its Bitcoin treasury at 510 BTC while reallocating capital to its IM8 health and nutrition brand. The David Beckham‑backed firm had previously raised $48 million in an oversubscribed equity offering linked in part to growing its BTC position, but its board has now chosen to pause further crypto purchases as Bitcoin trades near $88,000.