Alpha updates. 🪓

Most of the downside liquidity has already been absorbed. There’s only a small pocket left around $86K, so a quick sweep there wouldn’t be surprising. Beyond that, liquidity is heavily stacked on the upside. That’s where the real fuel is sitting. So after one last cleanup below, does the market flip the switch into a year end Santa rally? 🎅🏼

Mr. President, please do something..

Altcoins just saw $10.9B in monthly exchange inflows, the highest level since May 2021. Coins move to exchanges when people are preparing to sell, rotate, or reduce risk. This kind of spike usually shows up when the market enters a delicate zone, not during easy upside.

Recently, around 350,000 BTC were sold at a loss, showing clear stress and capitulation. The important part is, despite this heavy selling, Bitcoin price has held its level. That tells the market is absorbing supply. Weak hands are exiting, but buyers are still stepping in.

Shared my top 10 predictions for 2026. must read and please engage with a like and rt. please https://x.com/axel_bitblaze69/status/2003443121938723286

ETH holders are in profit, but not greedy. People are not rushing to sell. They’re quietly holding or moving ETH off exchanges. That’s a healthy setup, not a top. NUPL is at 0.22 means holders are sitting on roughly 22% unrealized profit This level historically sits in a confidence phase, not euphoria. Profits exist, but they’re not high enough to trigger aggressive selling. No signs of panic, no signs of mania. A structure that usually forms before continuation.

2025 has been one of the weakest years for crypto liquidity in the last 5 years, especially for altcoins. Liquidity is selective and mostly sitting in Bitcoin. Altcoin volumes are thin and speculation has clearly cooled off. The transition phase driven by tight monetary conditions and missing retail flow. Historically, phases like this don’t last forever. They usually lead to repricing or a liquidity expansion, not a collapse.

Tom Lee now owns 3.28% of the total Ethereum supply 🔥

On 7 Oct, Open Interest topped near $240B. Since then it has been cut exactly in half to $120B the same level we saw back in April. OI and price have always walked together.. When OI expands, leverage builds and price trends, When it collapses, excess leverage gets flushed and the market resets. A large portion of open interest has already been flushed and the long short ratio has cooled down. From here, open interest should start rebuilding, typically allows room for a rebound.

A class-action lawsuit has been filed directly against Pump. fun and this one isn’t minor noise. The core accusation is insider advantage by design. Early buyers had built-in priority faster execution, cheaper entries, and near-guaranteed exits while retail traders repeatedly ended up as exit liquidity. What really raises the stakes is the Solana angle. The lawsuit argues Solana’s infrastructure itself enabled unfair transaction ordering. Validator setup and transaction-priority mechanics are directly cited, pushing legal risk straight onto the chain layer. The case is being framed as a $5.5B lawsuit, based on alleged total investor losses. The final liability, will ultimately be decided by the court.

We are heading into the December 26, 2025 options expiry, with nearly $35.6B worth of contracts on the line. Until expiry, market makers will likely try to pin price around the Max Pain zone at $88k-$90k, where the maximum number of options expire worthless. This scenario changes only if forced buying kicks in. Shift to a real trend would require a closing above $96k.

Bearish Sentiment Spiking Across Social Media (X, Reddit, and Telegram.) This is historically a good sign, because Crypto prices move opposite to the crowd's expectations. We saw the same pattern between Nov 15-21, people were expecting lower prices but the market reversed and price moved from $85K to $92K. Right now, social volume and sentiment are showing a very similar structure again. Worth paying attention.