2025-12-05 10:20:35

The market is grinding again today, with a sea of green making people uneasy.

Let’s look at the broader market: The total global crypto market cap is now hovering around $3.17 trillion, down 1.21% in 24 hours, and the overall atmosphere does feel a bit tense. But there’s a surprise in the Top 100—Zcash is up between 9% and 13%, making it the lone standout today. In contrast, hot tokens like XRP and HYPE are both down about 3%-5%.

Bitcoin is stuck oscillating around $92,284, down 0.88% on the day, and on-chain data shows funds are steadily leaving exchanges. Ethereum is holding up a bit better at $3,133, up 5.36% over the past seven days, with the market speculating on upgrade expectations. BNB is retracing 2.23% near $905, and leverage in the derivatives market is clearly cooling off.

Trading volume is down 17%-37% compared to previous periods, so market activity is indeed declining. Major coins are mostly trading sideways, while volatility in smaller coins is intensifying significantly.

**By token:**
Bitcoin is currently neutral to bearish, with the price grinding around $92,000 and the MACD showing fading momentum. If it drops below $91,000, it could trigger a chain reaction with $1.3 billion in long liquidations, so keep an eye on that.

Ethereum, on the other hand, is looking bullish with a strong MACD and price holding above the moving averages. If it breaks above $3,200, the next test is the $3,250 resistance zone. However, there’s a divergence on OBV and funding rates are high, so there’s pressure for profit-taking. If it breaks below $3,100, cascading liquidations could happen quickly.

BNB is consolidating near $900, showing neutral oscillation. MACD is slightly bullish but lacks momentum. $890 is the max pain point for options, so watch if the price gravitates there. A breakout above $925.67 would confirm a rebound, but if it breaks below $884.22, watch for the $865 liquidation cluster.

For SOL, focus on playing the rebound as ETF inflows are still continuing.

Overall, major coins are mostly in a consolidation phase. Be cautious of intensified volatility in altcoins.

ZEC2.76%

XRP0.24%

HYPE-4.53%

BTC0.94%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
9
Repost
Share

Comment

0/400

JustHodlIt

· 48m ago

Here we go again, the green is making my eyes hurt. BTC just refuses to break out, and this long grind is getting on my nerves. Why is Zcash the only one standing out? Is this some kind of contrarian move? ETH is alright, at least it hasn’t dropped off in the past seven days, but this funding rate... could it be another bull trap? BNB can’t break 925, so I might as well stay out of the market for now. The risk is just too high at the moment. I’m following the SOL rebound, but honestly, the volatility on those small coins... I just can’t handle it.

View OriginalReply0

HashRateHermit

· 2h ago

It’s this kind of grinding market again, really nerve-wracking. Even the lone Zcash isn’t moving up, and that’s how I feel. Everything is deep in the red, I really can’t take it anymore. Bitcoin is holding the 92k line for dear life, feels like it’s about to break down. ETH is holding up pretty well, but the fees are too high—who dares to chase? Trading volume has been cut in half, this quietness is kind of scary. What’s BNB even oscillating for? I just want to see a proper rebound. If 91k breaks, there’ll probably be a chain reaction of liquidations, gotta be careful. The SOL rebound narrative sounds nice, but is real money actually coming in? Altcoins are running fast this round, everyone be careful about being the bagholder. All the liquidation clusters are marked, just waiting for the market to decide where to go. This market is making me want to go all cash and just sleep. Funds are leaving exchanges, which means some people have already started to run.

View OriginalReply0

GasWastingMaximalist

· 20h ago

Another grinding day, looks like we have to hold the 3100 line. --- Zcash is up 9%. What kind of wild move is this? Am I falling behind? --- Funds are leaving exchanges. This vibe feels a bit off to me. --- Once 91000 breaks, it’ll trigger a cascade of liquidations. Better play it safe; I can’t handle this kind of volatility. --- Ethereum’s MACD is strong, but I’m just worried about the selling pressure at these high levels. --- BNB’s pain point at 890 is really something else. Gotta keep a close eye on it. --- Leverage cooling down in contracts is a good thing; it means smart money is exiting. --- Small coins are swinging so wildly, I’ll just sit this one out. --- That’s just the general vibe right now. I’ll wait and see, no rush to jump in. --- A sea of red is definitely nerve-wracking, but really, there’s nothing new—it’s like this every year.

View OriginalReply0

GasFeeTears

· 12-05 10:50

Another exhausting day, so much red it makes you question life. What's the logic behind this wave of red? Has all the money left the exchanges? Why is Zcash the only one doing well? It doesn't make sense. ETH is still holding on, I'm optimistic about this upgrade cycle. If BTC falls below 91,000, it's game over—I need to watch my stop-loss. Small coins are too crazy, I'll stick with the mainstream ones.

View OriginalReply0

PuzzledScholar

· 12-05 10:48

It's another one of those frustrating markets, the green is making me mentally break down. Why can Zcash go up? Is this mocking us? ETH can still hold up this round, I'm a bit optimistic, but we have to watch out for a break below 3100. If Bitcoin keeps grinding like this and liquidation actually gets triggered, I won't be able to laugh. Altcoins are too wild this round, I directly reduced my positions, can't take it. With trading volume shrinking like this, it feels like there's no one left in the market. Should we follow SOL's rebound? I kind of want to add but I'm hesitant.

View OriginalReply0

ProveMyZK

· 12-05 10:45

Starting to get frustrating again, the whole market is boring. Zcash is the only one up, everything else is down, this market is really dizzying. BTC is just stuck like this, it must be tough for longs right now. ETH is playable, but the OBV divergence is a bit annoying, not without risk. With trading volume shrinking like this, who dares to go heavy? Let's just wait and see. 891 accurately predicted these rebounds, 890 is a pretty tough spot. None of the major coins have any strength, still looking for rebound opportunities. Let me think more about SOL. It's been in the red all day, seriously, can we get some green for once?

View OriginalReply0

HappyToBeDumped

· 12-05 10:42

Same old market—green candles are just torturing people... Why is Zcash pumping? This lone gainer is really standing out. BTC is just hovering around 92,000; if it drops below 91,000, it's over. ETH is doing okay. If it holds steady, let's see if it can break 3,200. All the major coins are grinding sideways; don't touch altcoins, you'll get wrecked easily. With trading volume shrinking like this, activity is really weak. SOL's rebound still looks like it has a chance. Over 1.3 billion in liquidations—how this plays out depends on everyone's mentality.

View OriginalReply0

failed_dev_successful_ape

· 12-05 10:38

Here we go again, this market is just wearing people down. The red is making me lose my composure. ETH holding up is already not bad, but I'm just afraid it'll break below 3100 and get liquidated immediately.

View OriginalReply0

DAOdreamer

· 12-05 10:37

Why is Zcash the only survivor? It must be really lucky.

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
287.84K Popularity
#DecemberMarketOutlook
83.16K Popularity
#PostonSquaretoEarn$50
15.38K Popularity
#LINKETFToLaunch
14.04K Popularity
#SharingMy100xToken
16.22K Popularity

Hot Gate FunView More

1
HY加油何一
MC:$3.54KHolders:1
0.00%
2
GcashGcash
MC:$3.92KHolders:4
1.87%
3
GHOSTGhost
MC:$3.59KHolders:3
0.49%
4
BONDXBONDX
MC:$3.58KHolders:3
0.00%
5
ICBGIceberg
MC:$10.65KHolders:15
27.65%

Sitemap