2025-12-29 02:21:14

Market Scan for the 29th: Bitcoin continues to hover at high levels, while altcoins collectively pull back under pressure. Interestingly, on-chain activity heat is gradually increasing, while the US stock market is repeatedly testing lows, and silver hit a new high over the weekend. In terms of exchange rates, the RMB continues to weaken against the US dollar, declining by 10% since the beginning of the year. Institutions predict this depreciation trend will continue into next year, with an estimated magnitude of around 3%.

Regarding capital flows, several details are worth noting. Privacy coin ZEC leads the rally, with this rebound from the bottom reaching an 80% increase, supported by well-known investors endorsing again. The DeFi sector, particularly UNI, is performing well, mainly because the fee buyback and burn proposal just passed, and such self-regulatory mechanisms often boost market confidence. The short squeeze situation with small-cap coin GMT is somewhat outrageous, with financing rates for shorts soaring to 1600%, reflecting extreme polarization in market sentiment.

Among Meme coins, WHITEWHALE is quite crazy, having surged 200 times in the short term, but the token distribution is highly concentrated in the hands of a few, with the project’s market cap reaching around 50 million. On the perpetual contracts side, LIGHTER is set to launch on the 29th, likely creating new capital game opportunities.

The Fear and Greed Index is at 24, in the extreme fear zone, which is often a signal that some contrarians pay attention to.

BTC-0,04%

ZEC3,08%

UNI-1,42%

GMT-0,84%

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SatoshiChallenger

· 12-29 02:51

200x surge, 1600% financing rate... Data shows this is textbook behavior of a bubble cycle. What about the lessons from history? --- The RMB has depreciated by 10%, and is expected to fall another 3% next year. But are you still debating Meme coin distribution? Ironically, macroeconomic pressure is the real killer. --- With ZEC rebounding 80% and well-known investors backing it, I can't help but think of the last time LUNA had a "support army." --- The fear index of 24 is a contrarian signal, but any smart money should ask: why is this extreme fear this time different from the last extreme fear? --- WHITEWHALE 200x, GMT short squeeze with 1600% fee... Objectively, this is just capital betting on retail investors' cognitive gaps, not an investment opportunity. --- Interesting, on-chain activity is heating up, DeFi self-regulation mechanisms boosting confidence, but perpetual contracts continue to sell options... where's the logical loop? --- From a technical perspective, UNI's burn mechanism is indeed reasonable, but can it save this round of deflation expectations in business? [Haha]

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TopBuyerForever

· 12-29 02:47

Starting this again, ZEC increased by 80%, and I didn't catch up. As expected, I'm always the last to know.

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ChainChef

· 12-29 02:42

yo btc just simmering at these levels while alts getting cooked... that zec bounce though 80% from the bottom? someone's definitely seasoning that pot right. uni doing the smart thing with those burn mechanics, now that's how you keep the recipe from going half-baked ngl

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rugpull_ptsd

· 12-29 02:27

The 80% rebound of ZEC really can't be sustained anymore. Does endorsement from well-known investors work that well... The RMB will continue to depreciate next year, the purse will shrink again, and the coins in hand must be protected. GMT's 1600% financing rate?? Outrageous, this is not short squeezing, it's playing with fire. WHITEWHALE's 200x increase sounds great, but all the chips are in the hands of the manipulators, I just lol. Panic index at 24... reverse traders should be itching to act.

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FastLeaver

· 12-29 02:24

It's the same story again, the crypto world is always cycling between greed and fear. If the RMB depreciates by 10%, I'll see how it feels—money doesn't seem to be worth much anymore. Will there be another plunge next year? ZEC is up again. Every time this privacy coin rebounds, I think of the trapped investors before. Truly unfortunate. WHITEWHALE up 200 times? Laughable. It's obviously manipulated by whales; with such concentrated chips, it's impossible to play. GMT's funding rate is 1600%? How many people are doing reverse operations? It makes me nervous just looking at it. UNI's self-regulation mechanism is quite interesting. At least it doesn't seem like pure money grabbing; there's some hope. The 24-hour panic index suggests that those trying to buy the dip might start getting restless. LIGHTER, this contract coin, is about to be exploited again. The perpetual market is really a dangerous place.

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