Bitcoin remains range-bound between $92,300 and $96,000, facing resistance amid weakening US retail demand. The Coinbase Premium Index hit a 12-month low, reflecting heightened sell pressure, while long-term holders, sitting on significant profits, pose a risk of new year sell-offs.
DeFi giant Aave reached $33.4 billion in net deposits, surpassing 2021 levels, as Aave v4 and its GHO stablecoin gained traction across blockchains. Meanwhile, altcoins remain directionless, adding to market uncertainty. All eyes are set on Bitcoin’s resistance and broader sentiment as 2025 begins.
