Technical Analysis

On December 22, 2025, Michael Saylor signaled that Strategy may be preparing another sizable Bitcoin acquisition, reinforcing the firm's aggressive BTC treasury approach even as its stock faces pressure and index removal risk. The signal appeared while Bitcoin traded near the key $90,000 resistance level, where clustered liquidity and institutional positioning are shaping short-term market behavior. Despite recent volatility and ETF outflows, institutional demand, ETF holdings, and corporate treasuries continue to support Bitcoin around major liquidity zones.

Shiba Inu has slipped back to price areas last seen in 2023 after failed rebound attempts across 2024–2025, while XRP is working to reclaim $2 as its bearish channel from October weakens. Bitcoin sits in the high $80,000s beneath $93,000–$100,000 resistance, and Kalshi pricing suggests a rapid return to $100,000 is unlikely in the near term.

Spot XRP ETFs have accumulated over $1.2 billion in net assets, while wallets holding between 100 million and 1 billion XRP are increasing their holdings. Yet XRP’s price is trading around $1.90–$1.94 and remains below key EMAs, with indicators like RSI and MACD signaling weak momentum. This combination suggests control may be shifting to institutions and whales even as overall demand and price action stay muted.

PIPPIN rebounded after sliding to $0.34, rallying 20.27% to a local high at $0.48 and hovering near $0.451. According to CoinGlass, futures open interest rose 24.29% to $150.73 million while netflow jumped 136.74% to $3.09 million, suggesting buyers added exposure as $0.4 acted as key support.

PUMP has dropped 39.3% from $0.0032 to $0.00196 since December 9, breaking the long-held $0.0025 support. A federal court approved an expanded class-action naming Pump.fun, the Solana Foundation and Jito Labs, while Coinalyze noted a 4% 24-hour rise in open interest despite a 1.57% price decline.

Alex Thorn, Galaxy Digital's head of firmwide research, expects Bitcoin to reach $250,000 by the end of 2027. He cautioned that 2026 is hard to forecast and said options markets currently assign equal odds of $50,000 or $250,000 by the end of next year, reflecting heightened near‑term uncertainty.

On December 21, Bitcoin fell 0.21% over 24 hours and traded at $87,844. The hourly setup shows pressure near $87,576 support, with a possible move toward $87,000 next week if no rebound. Broader charts suggest low volume and likely consolidation in the $85,000–$95,000 range through month-end.

On 21 December 2025, Bitcoin was trading near $88,296 and on course to finish the year with a negative yearly candle. Long-term price records indicate the asset has never logged two consecutive red yearly closes, with past down years such as 2014, 2018, and 2022 each followed by recoveries. If this pattern persists, the current setback could again precede a rebound after 2025, although future performance remains uncertain.

On December 21, Cardano's ADA fell 4.93%, with the price hovering near local support around $0.3576 and trading at $0.3605. If buyers fail to regain control by the daily close, the price may retest supports at $0.3550 and $0.3468, with a further midterm target near $0.2756 if the weekly bar ends at or below current levels.

On December 21, Dogecoin fell 1.52% to trade near $0.1296. Intraday charts show local support around $0.1287; failure to rebound by day's end could open a move toward $0.1250. On higher time frames, resistance at $0.1330 remains intact, with a possible slide to $0.12–$0.1250 or a late-month bounce toward $0.14.