BTC fell below 95,000, Ethereum lost the 3,300 USD mark, and the market is filled with strong risk aversion sentiment this Christmas week.

BTC dropped to a low of $94,300 earlier, and Ethereum also fell below $3,300. As Christmas approaches this week, the market is filled with risk aversion sentiment. (Recap: BTC price drops by $100,000, Ethereum falls below $3,650, Powell: The Fed is not allowed to hold BTC) (Background: When will BTC surpass gold? Galaxy Digital CEO: History will be witnessed in 5-8 years) After reaching a high of $92,268 on Saturday and rebounding to $99,500, BTC began to oscillate and fall again. At the time of writing, it is at a low of $94,300, down 3.19% in the past 24 hours; Ethereum also fell below $3,300, down 2.39% in the past 24 hours. Read more: Which is better for investment portfolios, BTC or gold? Bitwise Investment Director: BTC is the real asset. Liquidated $270 million in the past 24 hours Against the backdrop of the oscillating decline, according to Coinglass data, the amount of Cryptocurrency liquidated on the entire network in the past 24 hours has reached $270 million, with long orders liquidated accounting for $204 million and short orders liquidated accounting for $71 million, with over 106,000 people being liquidated. The European and American markets may be quieter this week. One of the biggest reasons for this decline is related to the Federal Reserve of the United States hinting last week that it will slow down its interest rate cuts by only 2 decimal places in 2025 instead of the previously expected 4 decimal places. Greeks.live analyst Adam analyzed earlier: There has not been a significant pullback in this round of Bull Market yet. Now that Christmas holiday funds are tight, it is not ruled out that there will be a deleveraging trend before Trump takes office, and the market is filled with risk aversion sentiment. From historical data, the probability of BTC fluctuating significantly during Christmas is small. Looking at the performance of BTC in December over the past ten years, the probability of BTC rising is 50%, with the smallest increase occurring in 2015 at 13.83%, and the largest increase being as high as 46.92%. Among the 5 declines, the largest decline occurred in 2021 at 18.9%, and the smallest was 3.59% in 2022. The current rate of return for BTC this month is -2.5%. We will soon find out if it can turn into a positive value or not. Related Reports: The US 10-year Interest Rate rises above 4.5%! New Bond King: Will not buy BTC before Trump takes office. BTC Long Wick Candle: Curve founder CRV gets liquidated, Ethereum Gas fee surges, and a transaction costs 45U. Help! BTC is in danger of falling below $100,000, Ethereum Long Wick Candle is at $3,650, and 250,000 people were liquidated for over $700 million. (BTC falls below $95,000, Ethereum falls below $3,300, and the market is filled with risk aversion sentiment this Christmas week.) This article was originally published on BlockTempo, the most influential blockchain news media in the industry, on Dynamic Zone.