Core Insights - Bitcoin (BTC) experienced a 3% decline, dropping below $90,000, influenced by turmoil in Japan's government bond market and U.S. President Trump's tariff threats against Europe [1] - Ether (ETH) saw a more significant drop of over 7%, falling below the $3,000 mark for the first time since January 2 [1] Market Dynamics - Bitcoin's dominance in the cryptocurrency market has increased, reaching 59.8% of the overall digital asset market capitalization, indicating a growing grip over altcoins [2] - The volatility in the market suggests that Bitcoin may continue to trade lower, with altcoins likely to be more adversely affected in the short term [2] Broader Market Trends - The Nasdaq index fell nearly 2%, while the Nikkei and Germany's DAX also experienced declines of 2.5% and 1%, respectively [3] - In contrast, precious metals have gained popularity as safe havens, with gold rising 3% and silver increasing by 7%, both reaching new record highs [3] - Bitcoin's current trading level is just 3% above its value at the beginning of the year, indicating a significant loss of its 2026 gains [3]

Market Trends - ETF data indicates Bitcoin dominance remained strong in 2025 [1] - Ethereum gradually increased its market share [1]

Week in Binance Alpha: DOYR's 5,891% Surge Defies Market-Wide FearDOYR explodes 5,891% in seven days! Talus Network and BeatSwap launched Dec. 11! Alpha market cap hits $15.001B! Fear & Greed Index stuck at 29 as Bitcoin dominance holds 58.9%!Let's examine this week's Alpha developments.🧵1/7 ...

Market Analysis - The market is currently mirroring the Q3/Q4 2019 period [1] - Bitcoin dominance ($BTC dominance) is poised for a downward trend [1] - Ethereum ($ETH) is showing strength and attracting buyer interest [1] Investment Strategy - Considering the macroeconomic parallels with 2019, a decline in Bitcoin dominance is anticipated [1]

Market Analysis & Bitcoin Dominance - Bitcoin dominance has been increasing, defying expectations that it would decrease immediately after the end of quantitative tightening (QT) [3] - The current market situation shares similarities with 2019, where Bitcoin topped before the Federal Reserve's balance sheet expansion [1] - Bitcoin's top formation occurred on apathy rather than euphoria, unlike the tops in 2017 and 2021, indicating a lack of new retail investor interest [3][4] - Historically, Bitcoin dominance tends to reverse course in September, regardless of its prior direction [8] - Total 2 minus USDT divided by Bitcoin has been dropping, suggesting a predictable pattern [11] Quantitative Tightening (QT) & Federal Reserve Policy - The end of QT on August 1st, 2019, did not immediately lead to a decrease in Bitcoin dominance; it initially rose before declining when the Fed's balance sheet expanded [2][3] - The balance sheet may not expand immediately after QT ends, potentially delaying recognition until January 2026 [13] - Interest rates remain high (4%), unlike the previous cycle when Bitcoin dominance topped out with rates at 2% [30] - The difference between interest rates and the 2-year yield is a key indicator; a smaller difference or a Fed funds rate below the 2-year yield is more conducive to altcoin market performance [33] Altcoin Market & Future Outlook - Altcoins may experience another drop against Bitcoin before potentially finding a low when the Fed's balance sheet starts to expand [27] - Alt seasons typically require social risk appetite and new retail investors, which are currently lacking [23][35] - Altcoins often form a low in the summer followed by a double bottom in Q4, or vice versa [25][26][27] - Ethereum could potentially reach a new all-time high even if Bitcoin does not, but it would likely be a divergent high [24]

Market Overview Dashboard - CMC's Market Overview provides a comprehensive macro view of the cryptocurrency market [1] - The dashboard includes total market capitalization and 24-hour trading volume [1] - Bitcoin dominance metrics are featured on the dashboard [1] - Altcoin Season Index is available for tracking altcoin performance [1] - Fear & Greed indicator helps gauge market sentiment [1] - Trending narratives and sectors are highlighted [1]

Market Trends - Bitcoin dominance dips to 23.6% Fibonacci level, indicating a possible altcoin rotation [1] - Ethereum valuation models suggest ETH is undervalued [1] Cryptocurrency Investment - National Bank of Kazakhstan plans a $300 million crypto investment [1] - Kazakhstan's strategy involves selling Bitcoin as a 'last resort' if mNAV drops [1] Economic Indicators - Polymarket estimates an 87% chance of a December rate cut [1]

Market Trend Analysis - Bitcoin dominance is currently trending down, similar to the 2019 period [1] - Bitcoin dominance has rejected at the 20-Week Moving Average (MA) [1] - The market anticipates a continued decline in Bitcoin dominance into 2026 [1]

Binance Ecosystem Updates - BNBHOLDER 上涨 293% [1] - GUA 在发布前上涨 205% [1] Market Analysis - 比特币主导地位接近 60%，目前为 58.6%，通常会抑制山寨币的上涨势头 [1] - 关注恐慌与贪婪指数，当该指数返回 50 以上时，可能预示着市场复苏 [1] User Engagement - 跟踪 15 天滚动积分余额，以保持参与即将到来的空投的资格 [1] - 关注 24 小时确认窗口，以避免失去分配的额度 [1]

Market Trend Prediction - The market could experience a significant uptrend in December if Bitcoin maintains its key support level [1][2] - A strong rebound from Bitcoin's current level would signal continued buyer dominance [1] - Bitcoin dominance breaking its long-standing uptrend could lead to broader participation in altcoins and sector rotations [1] Potential Opportunities - Altcoins and sector rotations could drive strong rallies if Bitcoin dominance declines [1] - A "ultra green December" scenario could materialize if the outlined conditions are met [1][2] Risk Factors - Failure of Bitcoin to hold its key support level could hinder market growth [1] - The likelihood of the predicted scenario is currently uncertain [2]