2026-01-06 04:25:26

Entering Q4 2025, Bitcoin and Ethereum experienced a noticeable correction. According to on-chain data analysis, the extent of this decline ranks among the more severe levels in similar periods historically, which has also led many investors to have skewed expectations for the year's end market performance.

From the market performance perspective, the quarterly decline of these two major cryptocurrencies indeed exceeded most people's expectations. Originally, many institutions and retail investors anticipated a rebound around the end of the year, but the market instead showed an entirely opposite trend. Several driving factors may be behind this: expectations of interest rate hikes in the macro environment, strategic deleveraging by large institutions, and capital shifting to other sectors. Additionally, negative market sentiment feedback is amplifying short-term volatility.

It is particularly important to note that data from a single quarter, while informative, cannot directly predict long-term trends. There have been multiple instances in history where sharp quarterly declines were quickly followed by rebounds. Furthermore, the data sources themselves may be affected by extreme market conditions. Therefore, when analyzing market trends, it is more rational to consider multiple dimensions such as on-chain activity, whale wallet movements, and other indicators, rather than relying solely on price fluctuations. At this stage, maintaining a calm approach and observing fundamental changes is especially crucial.

BTC-0,39%

ETH-0,66%

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StopLossMaster

· 01-09 04:22

Talking about fundamentals again? The market has already fallen so much, and you're still calm. Institutional deleveraging is just trying to dump, don't tell me about whale wallets. Historical rebound cases? Laughable, this time is different. Wait, maybe it's really time to look at on-chain data before speaking. This year's end wave was indeed unexpected, but the rebound opportunity should be coming soon, right?

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MevWhisperer

· 01-09 02:08

Still looking at historical data for comfort, there are indeed many rebound cases, but this time is really different... --- Whale wallets are accumulating again, indicating that big players are not panicking at all. Why are we still worried? --- Severe quarterly decline? Come on, look at the four-year cycle and then speak. Currently, only beginners are panicking. --- Institutional reduction of positions is just buying at low levels, why hide behind macro expectations... --- On-chain activity is the real indicator; price volatility is just noise. --- It always dips like this before a rebound. That's how history cycles. The question is, can you hold on until that day? --- Macro interest rate hike expectations? Forget it, the technicals are the real thing; fundamentals are all armchair analysis after the fact. --- No need to be overly cautious. If it's time to bottom fish, just do it. Those obsessing over fundamentals have already been shaken out. --- The most terrifying thing is when large funds disperse into other sectors, which shows they are really switching tracks.

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AirdropAnxiety

· 01-08 21:08

Here we go again with this set? Institutions reducing positions while retail investors buy the dip, same old trick --- End-of-year rebound dreams shattered, only those who didn't get caught are the winners this time --- Whales are fleeing, and you're still waiting for a rebound? Wake up --- History repeating itself is not a reason; the current macro environment is completely different --- Stay calm and observe? I've been calm for three months already, haha --- On-chain data looks good but is worthless; real wallets speak the truth --- Talking sweetly, but you're just looking for a stepping stone to bottom out --- Funds are flowing into other sectors? No sector is safe --- Rebound after a quarterly plunge? Last time someone said that, it was two years ago --- Institutions are reducing positions but hoarding spot holdings, you're overthinking it --- Macro rate hike expectations? Already priced in, this is just pure manipulation

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ParallelChainMaxi

· 01-08 16:09

Here comes the pessimism about mainstream coins again. What can quarterly data really tell us... --- Institutional deleveraging? What about whale wallets? No one’s paying attention. --- How many times do I have to say not to look at price but at fundamentals? Yet some people still follow the trend and cut their losses. --- It's just history repeating itself. I’m holding strong anyway. --- The macro interest rate hikes simply can’t stop; the crypto market still has to be hammered. --- Stay calm and observe? Wake up. Human nature is inherently irrational. --- Funds are dispersing into other sectors... So what should we buy? That’s the real key. --- Severe decline? That’s just normal bear market correction, not a wipeout. --- On-chain data analysis results are routinely proven wrong next week—that’s standard procedure. --- This wave of decline is really harsh, but if you don’t want to buy in, how can you make money?

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CoffeeNFTs

· 01-06 04:54

It has dropped again... Institutional liquidation is like this, a rebound is still far away. Watching whale wallet movements is the key, don't be fooled by quarterly data. This round of decline is indeed outrageous, but history tells us there will be a rebound... paradoxical. Macro interest rate hikes + institutional sell-offs, funds are really fleeing. Stay calm? I want to stay calm, but my account is half red. On-chain activity is the real signal; price is too easy to deceive. What can quarterly data tell us? Anyway, I'm still holding. Let's wait and see, there will definitely be a rebound opportunity, it all depends on who can hold out.

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ChainProspector

· 01-06 04:47

Just fall if you want to fall, anyway we've seen such a disaster in history, the real opportunity is ahead. --- Another wave of cutting leeks, institutions finish their positions and retail investors take the hit, old routine. --- Stay calm and observe? I've already transferred my funds to other sectors, waiting for the rebound to hit. --- On-chain data shows big players are still quietly buying, while retail investors are scared away, a typical contrarian indicator. --- Don't just look at quarterly data, check what the whale wallets are doing now—that's the real signal. --- Everyone's right, but I just want to know where the bottom is, how much it needs to fall before I can scoop up some bargains. --- It's normal for expectations to fall short; the rebound before the end of the year is wishful thinking. Now is the real dump. --- It feels a bit unfair to blame macro interest rate hikes; let the crypto world handle its own mess. --- Smart investors know that at this time, you should look at fundamentals, while rookie retail investors are still crying and shouting. --- Institutional strategic reduction of positions? Listen to this explanation—ordinary people will never see through their tricks.

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PumpAnalyst

· 01-06 04:47

The season of chopping leeks is back, are you still chasing shorts? --- Breaking support levels so many times, doesn't anyone watch how on-chain whales move? --- Brothers, institutional deleveraging is a signal, but the bottom is only a few days away. --- I'm not saying this, those who look for rebounds always die before the rebound. --- Quarterly data is deceptive; focusing on daily chart structure is the real way. --- The big players are building a bottom, while you chase highs—that's the difference. --- Everyone, stay calm and observe? Come on, taking action is the real deal. --- The technical signals are already there; it all depends on who dares to get on board. --- Same old rhetoric, in the end, it still depends on the institutions' mood. --- Support levels broken, and you still dare to talk about long-term trends? What about risk control, everyone?

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OptionWhisperer

· 01-06 04:41

What are you talking about with whale wallets again? You make it sound like someone actually understands it. Let it fall, I've been used to it already. Just wait for the rebound, that's all. Institutional trimming? Who cares? They just want to buy low, stop pretending. This time I really can't hold on anymore. This end-of-year wave is just ridiculous. The data looks good but it's useless. Still, it's all about the sentiment. Bro, your analysis is all nonsense. It would have been better if I had known earlier. The key is when the decline will stop. Don't keep talking about these empty things.

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BrokenYield

· 01-06 04:31

nah see this is exactly where ppl get it wrong... one bad quarter and suddenly it's "systemic risk" everywhere lol. whale movements > price action any day, but most retail just panic watching the chart. been here for 2017 crash, this? rookie numbers honestly

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Hash_Bandit

· 01-06 04:30

nah, this dip's giving me 2018 vibes tbh. seen the hashrate hold steady through worse... institutions dumping their bags always looks scary on charts but the network fundamentals? still solid. patience separates the miners from the panic sellers fr

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