JPMorgan's asset management arm is rolling out its first tokenized money market fund on the Ethereum blockchain, seeding the private MONY fund with $100 million before opening it to qualified investors. At the same time, traders are tracking Ethereum price levels around $2,600 as key downside support and $3,600 as a major resistance zone that could signal a breakout toward higher targets.

Strategy disclosed $989 million in net proceeds from ATM sales of common and preferred stock between Dec. 8 and Dec. 14, 2025, alongside a new purchase of 10,645 bitcoin for about $980.3 million. The company's filings sparked debate over dilution, while traders highlighted MSTR's 2024 support zone and watched key levels around $231 and a $340 "volume shelf" for a potential rebound.

On Dec. 15, Bitcoin moved between roughly $88,600 and $89,800 while traders watched transfers from wallets tagged to Wintermute, a narrowing CME futures gap, and a test of rising daily chart support near $89,000. BTC traded about 1.68% lower on the BTC USDT pair, and some analysts warned that a breakdown of this trendline could open the way toward the $80,000 region even as resistance remains clustered around $92,000 to $95,000.

Two Ethereum price charts shared on X outline separate bullish technical structures, one based on an inverse head and shoulders on the weekly timeframe and another on a Wyckoff accumulation schematic. The first setup, posted by Bitcoinsensus, sketches potential upside above $7,000 with an extended objective near $7,600, while the second, from Merlijn The Trader, maps a path toward the $10,000 region if Wyckoff Phase E "markup" unfolds. Both traders emphasize that these scenarios still require confirmation as the patterns evolve.

Strategy, formerly MicroStrategy, will remain in the Nasdaq 100 when the index reconstitution takes effect before the market opens on Dec. 22, 2025, while Michael Saylor reiterated on X that Bitcoin "hoarding" will continue. At the same time, a TradingView chart shared on X shows MSTR trading near $178 after a steep sell off from summer highs around $450, and a trader using the handle @comic has outlined a potential move toward $100 by mid January based on a bearish technical pattern. The stock's recent narrow upward channel sits well below prior support zones near $300 and $250, which the chart treats as new resistance within a broader downtrend.

Ethereum’s MACD turned positive after roughly three months, signaling momentum while charts mark $3,900 as a key breakout level. Price action also outlines a potential flag-driven slide toward $2,400, and comparisons with IWM suggest room for ETH to narrow a performance gap.

On December 12, a 93 million dollars 5x BTC/USD long surfaced on a derivatives venue, according to data shared by trader Vivek Sen on X. CoinGlass figures highlighted by Mister Crypto show options open interest near record levels, while CryptoQuant data shared by Bitcoin Archive points to a spike in Binance withdrawals around the 91,000-dollar area. These signals suggest dense positioning and ongoing accumulation.

In the past 24 hours, roughly 60,000 ETH worth nearly $200 million was transferred to exchanges, according to Santiment data shared by market analysts. At the same time, Ethereum traded close to a major whale realized price level while several Ethereum treasury-linked stocks showed short-term rebounds despite remaining below prior highs.

Strategy said it submitted a formal response to MSCI's consultation and urged neutral index treatment for bitcoin-treasury firms, with the review running through Dec. 31 and potential changes in early 2026. CEO Phong Le cited a $60 trillion digital credit opportunity, while traders reference an MSTR cycle chart that projects into mid-October 2026.