Bitcoin fell below 95,000, Ethereum fell below 3,300 US dollars, and the market has strong risk aversion this Christmas

BTC saw a rebound from $92,268 to $99,500 on Saturday, but then started a volatile decline, with the lowest reported at $94,300 at the time of writing, down 3.19% in the last 24 hours. Ethereum also fell below $3,300, down 2.39% in the last 24 hours. Over the past 24 hours, the total amount of crypto liquidations reached $270 million, with long positions accounting for $204 million and short positions $71 million, affecting over 106,000 traders. One of the main reasons for this decline is related to the U.S. Federal Reserve's hint last week that it will slow the pace of rate cuts in 2025, cutting by two points instead of the previously expected four. Historically, BTC has a lower probability of seeing significant volatility during the Christmas holiday period. Over the past 10 years, BTC has had a 50% chance of closing the month higher, with the smallest gain of 13.83% in 2015 and the largest of 46.92%. The largest decline was 18.9% in 2021, and the smallest was 3.59% in 2022. Currently, BTC's monthly return is -2.5%, and whether it can turn positive remains to be seen.