Tealstreet

Keeping an eye on these “low holds” here. Price has been doing a decent job defending the higher lows so far. Aggregated OI-weighted funding is elevated (~0.86), showing strong long bias, mainly driven by Binance and Bybit. This is still supportive, but positioning is crowded. As long as price holds support, it favors a slow grind higher; if price stalls while funding stays high, shakeout risk increases. If we can continue to hold the 91k area into New York open, there’s still room for a squeeze toward the 95–97k zone. If price starts to stall or lose momentum around this area, we’ll reassess and adjust accordingly. For now, structure stays constructive as long as these lows keep holding.

You can interpret this fractal however you like, but structurally it still makes sense. We did get an extension at the highs, yet the current compression looks normal and not particularly concerning. This type of pause often leads to a more controlled, slow grind higher. As long as price continues to hold the 88–87k area, a retest of the 97–100k zone remains reasonable before another breakdown.

Recent fund movements tied to Pump.fun have sparked fresh discussion across crypto circles about whether the platform’s revenue reflects normal business activity or leans toward aggressive value extraction. On-chain data and industry chatter have both added fuel to that debate. Technical Outlook: From a technical perspective, the daily chart shows price nearly filling the 10/10 liquidation wick and currently holding the 0.0016 level. If the broader market gets a relief bounce this quarter and Bitcoin can stabilize above 85k, I think PUMP has room to revisit the 0.0024–0.0028 zone, with a potential extension toward 0.0034–0.0036 after that.

Price continues to get rejected around the 90k mid-range, with multiple attempts but no clean break so far. That said, price has been holding above 86k for nearly two weeks now. As this range keeps compressing, I expect a resolution soon. We still haven’t seen a clean sweep of either extreme (94k high or 84k low). As long as 86–85k holds, there’s a reasonable chance we tag 92.5k as the next resistance. If we can then reclaim and flip 90k as support, I’d be watching for a sweep into the 94k area.

Ethereum is also sitting at a key decision zone here. $2950 remains the local resistance, while $2800 is the main support level to watch. Another rejection at $2950 would put the focus squarely on whether $2800 can hold. If price stabilizes above this support, there’s still a decent chance for a move back into the $3050–3100 area. But if we lose $2800 and start accepting below it, the path opens up toward the $2600–2400 zone.

Hello! Just a quick market update. 88k continues to act as the local resistance, with 85k as the key support area to watch. Price is currently sitting in a decision zone, so how it behaves around 86–85k will be important. If this area can hold and we see some stabilization, there’s still a reasonable chance for a push back into the 90–92k zone. However, if support gives way and acceptance builds below 85k, I’ll be looking for a continuation lower toward the 82–80k region.

Solana pulled back aggressively from the $250 high and is now trading around $122, unwinding a big portion of the prior move. Right now, $130 is capping price on the upside and acting as clear near-term resistance. That said, I wouldn’t be surprised to see a complacency bounce first, possibly dipping into the $107–100 zone before the market makes its next real decision. My gut feel is that this move may not be over yet. There’s still unfinished business around the $160–180 imbalance area, and if conditions line up, price could push back into that zone before rolling over again. If that happens and structure weakens after the sweep, a deeper breakdown toward the $80–60s wouldn’t be out of the question.

Bitcoin has been stuck in the 85k–90k range, and it’s mostly options mechanics doing the work. Put gamma around ~85k has been absorbing downside, while call gamma near ~90k has been capping upside. That’s why dips stall and rips fade — it’s dealer hedging, not real conviction. This structure starts to loosen into the Dec 26 options expiry as a large chunk of gamma rolls off. When that happens, price becomes less reactive to hedging flows and more sensitive to actual buying and selling. Gamma unwinds on December 26. Direction after that comes down to where spot is trading as gamma pressure decays. For now, keep eyes on the 88–90k area. If price caps there again, it could present a short opportunity, with 82–78k as the downside zone. We’ll be reassessing post-expiry once the gamma map resets.

BTCUSDT | 4H Selling pressure looks like it’s starting to stall here at 87k. Might slowly scale into a long here, with some bids placed near 86k. Stoploss: just below 84.4k (local low), looking for 94–96k Happy holidays everyone!

Bittensor (TAO) continues to lead the AI narrative, with subnet growth accelerating and now exceeding 30 active subnets. On-chain staking rewards are supporting long-term accumulation, while a relatively low float relative to ecosystem expansion creates scarcity during AI-driven rotations. Technical Outlook TAO is sitting at a very critical area after losing the $300 level, which is now acting as resistance. The structure remains fragile, with sellers in control and most bounce attempts getting sold into. A retest of the $200 level looks possible. If that zone holds, a short-term relief bounce toward $250–260 could follow. However, if price rejects again in that area, the risk of further downside increases before a more meaningful bottom forms. A clean break below $200 would significantly weaken the structure and opens the door to a much deeper move, potentially into the $60–50s range.