🚨 Overnight Crypto Highlights — 1 Minute to Catch the Market | 12/26
1⃣ $BTC, $ETH, $SOL continue to trade sideways. Note that it is still the Christmas holiday period. Thursday’s trading volume was only about one-third of a normal trading day. Low liquidity inherently means higher volatility risk.
2⃣ On Friday, $23.6 billion worth of BTC options will expire — the largest expiration in history. If options market positioning intensifies, volatility risk will rise significantly. Analysts note that the max pain level is around $96,000.
3⃣ Grayscale released its 2026 outlook, stating that continued institutional accumulation could push $BTC to new all-time highs in H1 2026, driven by U.S. dollar depreciation and regulatory breakthroughs.
4⃣ Analysts suggest that if $BTC enters another corrective phase, it may need to consolidate for an extended period in the $70,000–$80,000 range to establish solid support.
5⃣ $USD1 market capitalization surpassed $3 billion, up 7.68% in 24 hours. $WLFI FDV rose to $13.4 billion, making it the leading project by market cap in the stablecoin sector. Will this time be different?
6⃣ On-chain derivatives projects such as $Lighter have fallen into controversy. Analysts argue that the hype is a form of “manufactured prosperity” woven from points systems, VC narratives, and airdrop expectations. $LIT had a pre-market valuation of $3.2 billion and dipped slightly after launch.
7⃣ Data shows that among 118 tokens with TGE in 2025, 100 have fallen below their issue price, and 65% are down more than 50% since TGE. Retail clearly ended up holding the bag.
8⃣ Caixin reported that issuing and using U-cards domestically carries additional legal risks. Whether they are merely short-lived transitional products or a key to the future payment landscape remains uncertain.
9⃣ Trip.com (international version) has rolled out stablecoin payments. User tests show that booking flights with stablecoins can save up to 18%.
