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23 Dec 2025
market is showing signs of sideways consolidation and cautious recovery today
Bitcoin remains locked in a range between $84,000 and $94,000. Analysts note a bullish divergence on the RSI, suggesting a potential breakout if it can clear the 21-day EMA resistance. However, liquidity is currently low due to the end-of-year slowdown
Ethereum’s $3,000 Magnet: ETH is battling to stay above the $3,000 level. Positive sentiment lingers from the Fusaka upgrade (launched earlier this month)
Institutional & Regulatory Updates:
European MiCA: Formatting requirements for MiCA white papers officially entered into application today, marking a major milestone for EU regulatory compliance.
Hong Kong Insurance Rules: New proposed rules in Hong Kong aim to allow licensed insurers to invest in crypto, potentially unlocking billions in institutional capital, though with a high 100% risk charge.