Daily Crypto Signals: Bitcoin Hovers Near $91K, Ethereum Tests $3,350 Resistance Amid Fed Rate Decision
As Bitcoin derivatives markets show skepticism toward a sustained move above $100,000, Ethereum displays cautious rally momentum with muted
Quick overview
- Bitcoin is currently trading between $85,000 and $94,000, showing skepticism in derivatives markets about surpassing the $100,000 mark.
- Ethereum has gained momentum, breaking above $3,350, but still faces resistance and is technically in a larger downturn.
- Regulatory changes in Japan are recognizing cryptocurrencies as investment items, indicating growing acceptance globally.
- Twenty One Capital's poor debut on the NYSE reflects ongoing caution in the market despite increased institutional interest in cryptocurrencies.
As Bitcoin BTC/USD derivatives markets show skepticism toward a sustained move above $100,000, Ethereum ETH/USD displays cautious rally momentum with muted funding rates suggesting room for further gains without speculative excess.
Crypto Market Developments
As December trading begins, the cryptocurrency market is at a crucial turning point. There is more volatility and confusing signals coming from both derivatives markets and macroeconomic indices. Bitcoin is still trading between $85,000 and $94,000 after a rough November when the digital asset lost more than 30% of its value from its October high of over $126,000. During recent dramatic price swings, the market has seen roughly $1 billion in leveraged position liquidations. This shows how delicate traders’ feelings are.
Ethereum broke above the $3,350 mark, gaining new momentum after weeks of uncertainty. At the same time, big institutional actions are continuing to shape the regulatory landscape. Japan’s Financial Services Agency has said that it will move regulation of cryptocurrencies from the Payment Services Act to the Financial Instruments and Exchange Act. This means that digital assets will be seen as investment items instead of ways to pay. This change in regulations shows that more and more people throughout the world are accepting cryptocurrencies as real forms of money.
At the same time, Twenty One Capital, which has backing from big companies like Tether and SoftBank Group, had a poor first day on the NYSE. On its first day of trading, the Bitcoin treasury business’s shares fell 20%, ending the day at $11.42. The company had more than 43,500 Bitcoin worth more than $4 billion. The lukewarm reception shows that the market is still cautious, even though institutional investors are buying more cryptocurrencies.
Strategy, the biggest Bitcoin treasury business, has spoken out against MSCI’s planned policy changes that would exclude corporations with a lot of crypto assets out of stock market indexes. The company says that the change would make MSCI less likely to invest in crypto as an asset class. They point out that real estate investment trusts and other enterprises that focus on one asset do not have to deal with the same exclusions.
Bitcoin Dips to $91,000 After Fed Rate Decision
Bitcoin (BTC) is currently trading around $91,000. It has held up well despite persistent macroeconomic problems and uncertainties about the Federal Reserve’s monetary policies. The cryptocurrency has been very volatile in early December, with prices moving between $85,000 and $94,000 as traders get ready for the Fed’s rate announcement.
Bitcoin derivatives markets show that more and more people are doubting the cryptocurrency’s capacity to keep going up above the psychologically key $100,000 barrier. Black & Scholes modeling says that the $100,000 call option that expires on January 30 has a 70% chance that Bitcoin will stay at or below this level. This premium has dropped from $12,700 a month ago to just $3,440, which shows that people are less sure that a breakout will happen soon. The timing is quite important because this options expiration is just two days after the next Federal Open Market Committee meeting on January 28.
During its meeting on Wednesday, the Federal Reserve kept interest rates at 3.75%. Chair Jerome Powell talked about the persisting risks of a sluggish labor market and high inflation. More importantly, the Fed said it would start buying short-term government bonds to assist control liquidity levels. This was a big change in policy, with an initial $40 billion program. This extra liquidity usually helps credit growth and consumer borrowing, but Bitcoin has reacted in ways that are less predictable than stocks. People who are moving their money out of safe short-term government bonds are still not likely to see cryptocurrencies as a safe place to keep their money right now.
Ethereum Tests $3,200 Support
Ethereum is trading around $3,200, which is up from its low of less than $2,800 and close to the important 200-day moving average. The recovery has been slow, not dramatic, and the asset has made higher lows since the steep drop in November. But the 50-day and 100-day moving averages are still above the current price levels and are pointing down, which shows that Ethereum is still technically in a larger downturn.
The way financing rates are acting on key exchanges is one of the most telling signs of Ethereum’s recent surge. The present advance has very low levels of finance compared to the huge surges that happened during two large rallies earlier in 2025. This suggests that the rally is not being driven by too much leverage. This quiet funding climate suggests that Ethereum might go up even more if demand grows naturally, but the lack of speculative enthusiasm could also keep it from going up in the short run. Ethereum needs to break through the $3,350–$3,400 resistance zone, where previous support has turned into overhead supply, for the surge to continue.
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