Digital Assets Could Show Strength at the End of the Year

In Focus:

Digital assets stabilized after the recent sell-offs, establishing support zones and recording slight positive upturns. On a weekly basis, there was only a small decline, so no new negative market sentiment is emerging. Bitcoin stabilized after a brief setback towards $86,000 and is currently hovering around the $90,000 mark. We are closely monitoring whether the market will find the necessary strength to attack the six-figure target before New Year's Eve or whether thin liquidity over the holidays will cause further volatility.

Ethereum was under significantly more pressure and struggled with the $3,000 mark throughout the week. Despite the successful “Pectra” upgrade in the pipeline, performance remains subdued compared to Bitcoin (ETH/BTC ratio under pressure). Nevertheless, supply on exchanges is at a record low – a classic signal for long-term accumulation.

Focus on Macroeconomics Developments: