Wintermute analysts note that the crypto market has entered a stabilization phase: despite sharp price fluctuations, the trading range remains relatively narrow. After two months of uncertainty, investors have become more resilient to negative news. While monetary policy issues, weak macroeconomic data, and rising AI spending still generate caution, the market is no longer reacting to them with sharp movements. Experts emphasize that price fluctuations in recent weeks have been limited, which is typical of a consolidation phase.
According to Wintermute, investor attention is focused on Bitcoin and Ethereum. Positive dynamics are observed among both retail and institutional market participants. However, low leverage and a compressed basis indicate that investors are proceeding cautiously in anticipation of regulatory decisions.
Traders are actively predicting two main scenarios for Bitcoin by the end of December: a rise to $85,000 or $100,000 per BTC. Key events will be the US Federal Reserve meetings this week and the Bank of Japan meeting next week, which will determine future rate dynamics and market volatility.
Wintermute analysts emphasize that, barring unexpected factors, the market will likely maintain its current price range. Volatility will be determined primarily by liquidity and participant positioning, rather than fundamental economic events.
Bitwise Investment Director Matt Hougan previously predicted significant long-term growth for the crypto market: he estimates that market capitalization could increase 10-20 times over the next ten years.
Thus, the current consolidation is creating conditions for a more stable market: investors are closely monitoring major cryptocurrencies and preparing for possible changes following regulatory decisions. Despite the remaining risks, the market is showing signs of stabilization and a gradual return of confidence among participants.