A weekly analysis outlines a bear cycle for Bitcoin with a historically small 55% drawdown from the all‑time high, implying a potential bottom near $56,000. The view reflects softer demand, fading derivatives risk appetite, and U.S. spot ETFs turning net sellers in Q4 2025, with intermediate support anticipated around $70,000.

On December 21, 2025, Cleveland Fed President Elizabeth Hammack said rates should remain unchanged for months after three meetings cut a total of 0.75 percentage points. She cited inflation risks, noting the 2.7 percent CPI may be closer to 2.9 percent to 3.0 percent, and pointed to tariffs and higher input costs that could lift prices in early 2025.

Chainlink's LINK hovered near $12.5 as buyers defended support amid a cautious market tone. On December 20, a new wallet withdrew 199,520 LINK from Binance; the next day it pulled another 246,259 LINK, totaling 445,779 LINK. Chainlink's TVS reached $46.03 billion, up 2.43% month over month, while MACD and RSI showed short-term weakness.

On Dec. 11, Rivian CEO RJ Scaringe said one company holding about 50% of the US EV market is unhealthy, as he unveiled Rivian’s Autonomy and AI stack. He detailed in‑house chips, expanded Universal Hands‑Free, a 2026 point‑to‑point mode, and a path to personal Level 4. The article was updated on December 21, 2025.

Into the week's close, XRP is still trading above its monthly mid Bollinger Band, leaving a potential move toward about $3.6 on the table while defending the $1.82 area. Midnight (NIGHT), often framed as a "new Cardano" narrative play, has climbed roughly 40% over the past week, and Vitalik Buterin-linked wallets have been offloading BNB and other tokens into USDC and ETH amid a wider "crypto winter" tone. Traders are watching whether XRP can maintain this structure, NIGHT can clear $0.10 without losing key supports, and Buterin's wallets keep a defensive posture.

Canton Network's CC token climbed 36% in the last 24 hours, with trading volume up 307% as the price broke above local resistance. Since Thursday, 18 December, CC has gained 54.3% and flipped the $0.079–$0.082 zone into support while its 12-hour market structure turned bullish. A potential retest of the $0.01 support and a drop below $0.095 are seen as key levels for traders watching the current uptrend.

On December 20, quant trader CryptoOnchain outlined a bearish Bitcoin setup on X, citing price stalling near the Point of Control and RSI divergence. The analyst said a drop toward $70,000–$73,000 is likely, with potential reversal signals around $72,000. Bitcoin trades near $88,330, and holding that zone could be crucial to avoid deeper correction.

Bitcoin is trading in a tight range around the $88,000 level while derivatives positioning builds a concentrated pocket of short liquidations overhead. Recent liquidation data indicates many leveraged traders are betting against further gains, creating conditions where a modest price increase could trigger a sharp, cascading move higher.