Market Report: Top 5 Cryptocurrencies by Gains on December 09, 2025, with Canton Leading the Gains

Matrixport: Bitcoin Options Gamma Liquidation, Liquidity Still Absent

Bitcoin prices remain stable this week, but market structure is changing as approximately $2.5 billion in gamma exposure is about to be liquidated. The influence of the options mechanism may weaken, with liquidity becoming the dominant factor. Analysis indicates that recent rebounds could be misleading, and attention should be paid to subsequent hedging pressures and market stabilization conditions. Overall positions are close to reset, signaling a new phase in the cycle.

MICA Daily｜ETH short positions have been liquidated, is the next wave coming for the bulls?

ETH's funding rate has experienced a shift from positive to negative, indicating that bears are in control and accompanied by downward price pressure. Recently, the funding rate has risen back to positive, suggesting increased market risk appetite, with bulls regaining the advantage, providing opportunities for short-term price stability or rebound.

Is this the 2028 diamond bottom for BTC?

Bitcoin's performance in 2026 was poor, with a decline of 24%, marking the worst start to the year in nearly a decade. This collapse occurred without any obvious reason, intensifying market panic. Currently, the bottom-fishing indicator has not yet reached the bottom, and future trends remain uncertain.

Analyst: Ethereum's price has already priced in a lot of short-term uncertainty and may remain subdued in the coming weeks.

Swyxtx Chief Analyst Pav Hundal stated that Ethereum's price has already priced in a lot of short-term uncertainties and may continue to be subdued in the coming weeks. He mentioned that geopolitical tensions and the progress of the U.S. "Clear Act" have been reflected in the market, while the liquidation event in October last year dragged down the market, and consumer sentiment remains a key concern.

Bitunix Analyst: Easing of interest rate cut expectations, BTC shifts to range-bound liquidity game

Market expectations that Federal Reserve Chair nominee Wosh will cut interest rates immediately upon taking office have cooled, and the IMF expects the US economy to accelerate and inflation to gradually decline. Mortgage rates have fallen to 5.98%, easing homebuying burdens. The crypto market BTC price fluctuates, with a clear short-term liquidity structure.

MicroStrategy buys Bitcoin, CMF trending to zero, bear flag pattern suggests MSTR dips to $70

MicroStrategy recently increased its Bitcoin holdings by approximately $40 million, acquiring 592 BTC, bringing its total holdings to 717,722 BTC, but this did not boost its stock price. The Chaikin Money Flow (CMF) indicator is approaching zero, indicating that institutional funds are not following suit with purchases. Technical analysis shows that the stock price is facing downward pressure, forming a bear flag pattern, and suggests a possible decline to $70. Institutional investors' confidence in the company's stock has weakened, affecting the likelihood of a price rebound.