Singapore’s retail crypto market is entering a new phase of maturity, as traders are increasingly prioritizing trustworthy platforms over those with lower fees, according to a new survey.
On Thursday, a joint survey by finance platform MoneyHero and crypto exchange Coinbase revealed that 61% of “finance-savvy” investors in Singapore now hold crypto, with trust emerging as their primary deciding factor for selecting exchanges, outranking fees.
The data suggests that the city-state’s crypto ecosystem is evolving beyond chasing the cheapest exchange to placing value on regulated frameworks, security and long-term conviction.
The study, which surveyed 3,513 retail investors and crypto-curious Singaporeans, also found that 58% self-identify as long-term holders, while 42% have held investments for over two years.
In addition, the data showed that respondents have kept their crypto under 10% of their overall portfolios, with an average of three tokens per holder, suggesting that investors balance discipline with diversification.
MoneyHero and Coinbase release a new survey on Singapore retail investors. Source: MoneyHero
Retail investors plan long-term investments
The survey’s results show a sign of deeper adoption in the region. A 61% ownership rate among finance-savvy Singaporeans indicates that cryptocurrency is no longer a niche market.
According to the survey, 27% of non-holders expressed interest in investing in the next 12 months. This shows that there’s also room for growth in the region.
In terms of how investors view crypto, the survey results showed a split. Forty-four % of the respondents said they perceive cryptocurrency as an asset, while 29% said they view it as a tool for speculation.
When it comes to education, social media was touted as one of the major sources of information for the respondents.
The results showed that 62% of the respondents cited social media as their primary source for crypto education. The researchers noted that this raises both opportunities and risks of misinformation.
Learning, barriers and outlook. Source: MoneyHero survey
After social media, 55% mentioned friends and family, while 43% mentioned news and media. Exchange blogs were followed by 27% of respondents, who mentioned them as their primary educational sources.
In terms of confidence in their understanding of cryptocurrency, the results were split, with 48% saying they are confident in their crypto knowledge, while 52% said they were not confident.
Singapore has long stood out as a finance hub, with low corporate taxes, pro-business regulations and an AAA rating from the international credit rating agency Fitch.
The island city-state was also among the first movers in crypto regulation. In 2020, it enacted its Payment Services Act (PSA) of 2019, one of the first comprehensive legal frameworks covering crypto in Asia. The law defined digital payment tokens (DPTs) as digital representations of value, stored or traded electronically.
While Singapore is regarded as a progressive crypto hub, it is also a highly regulated jurisdiction.
In June, the country ordered local crypto firms to cease their overseas activities targeting foreign markets, halting their operations or facing steep penalties, including a $200,000 fine or up to three years of imprisonment.
Singapore’s financial regulator, the Monetary Authority of Singapore, stated that there will be no grace period, no transitional arrangements and no extensions.
More recently, Singapore signaled an upcoming shakeout of unregulated stablecoins. On Nov. 13, MAS Managing Director Chia Der Jiun said stability needs to be reinforced and that unregulated tokens have a patchy record of keeping their peg.
He added that over time, regulations need to be strengthened as stablecoins become more systemic.
Bitcoin attempted a recovery on Tuesday, but the market open on Wednesday saw bears applying pressure at the intra-day range highs.
Several altcoins are falling toward critical support levels, signaling that the bears remain in control.
Buyers are trying to sustain Bitcoin (BTC) above the $90,000 level, but the bears continue to build pressure. According to Farside Investors data, spot BTC exchange-traded funds recorded outflows of $372 million on Tuesday, extending the withdrawal streak to five days. That suggests the sentiment remains negative and investors are wary of buying into the decline.
Morgan Creek Capital founder Mark Yusko said in an interview with Cointelegraph that BTC has entered a bear market, but he anticipates a milder correction compared to the previous bear cycles. He expects the institutional adoption, reduced leverage, the broader macro environment and debasement of fiat currencies to act as long-term tailwinds.
Crypto market data daily view. Source: TradingView
A few other analysts are more optimistic in the short term, expecting the selling in BTC to subside soon. BitMine chairman Tom Lee said in an interview with CNBC that the downside is showing signs of exhaustion, and Tom Demar of Demar Analytics expects BTC to bottom “sometime this week.”
How far lower could BTC and the major altcoins fall? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC fell below the $90,000 level on Tuesday, but the bulls bought the dip as seen from the long tail on the candlestick.
The bears are in no mood to give up as they sold the rally and are attempting to sink the Bitcoin price below $89,253. If they manage to do that, the drop could extend to $87,800 and subsequently to $83,000.
Any recovery attempt is expected to face selling at the psychological level of $100,000. If the price turns down from the $100,000 level, it suggests that the bears have flipped the level into resistance. That increases the risk of a further downside.
Buyers will have to push and maintain the BTC/USDT pair above the $100,000 resistance to signal a comeback.
Ether price prediction
Ether (ETH) has been witnessing a tough battle between the buyers and sellers near the $3,000 level.
Any relief rally is expected to face significant selling at the 20-day exponential moving average ($3,365). If the price turns down sharply from the 20-day EMA, the risk of a break below $2,946 increases. The ETH/USDT pair may then plunge toward $2,500.
Alternatively, a break and close above the 20-day EMA suggests that the markets have rejected the break below $3,350. The Ether price could then climb to the 50-day simple moving average ($3,824).
XRP price prediction
Buyers attempted to start a recovery in XRP (XRP) on Tuesday, but the bears sold at higher levels.
The bears will try to sink the XRP/USDT pair to the support line of the descending channel pattern, which is a crucial level to watch out for. If the XRP price rebounds off the support line and breaks above the 20-day EMA ($2.31), it suggests that the pair may remain inside the channel for some more time.
On the other hand, a break and close below the channel could open the doors for a fall to the crucial support at $1.61.
BNB price prediction
Buyers are attempting to maintain BNB (BNB) above the $860 level, but the bears have continued to exert pressure.
The bears will attempt to sink the BNB price below the $860 support and deepen the correction to $730.
Contrarily, if the price turns up and breaks above the 20-day EMA ($971), it suggests that the sellers are losing their grip. The BNB/USDT pair could rise to $1,019 and then to the 50-day SMA ($1,078). Such a move signals a possible range-bound action between $860 and $1,183 for some time.
Solana price prediction
Solana (SOL) bounced off the $126 support on Tuesday, but the relief rallies are being sold into.
The bears will again attempt to pull the price below the $126 support. If they can pull it off, the Solana price could plummet toward the next major support at $95.
Conversely, if the price turns up from the current level or $126 and rises above the 20-day EMA ($154), it suggests that the bulls are attempting a comeback. The SOL/USDT pair could then climb to the 50-day SMA ($183), which is likely to attract sellers again.
Dogecoin price prediction
Dogecoin (DOGE) turned up from $0.15 on Tuesday, but the shallow bounce shows a lack of aggressive buying by the bulls.
The sellers will attempt to sink the Dogecoin price to the $0.14 level, where the buyers are expected to step in. The positive divergence on the RSI suggests that the selling pressure is reducing and a relief rally is possible. Buyers will have to drive the DOGE/USDT pair above the 20-day EMA to gain strength. The pair may then climb to the 50-day SMA ($0.19).
On the contrary, a break below the $0.14 support could intensify selling, pulling the pair to the Oct. 10 low of $0.10.
Cardano price prediction
Cardano (ADA) extended its slide below the $0.50 level, indicating that the bears remain in control.
There is minor support at $0.45, but if the level cracks, the ADA/USDT pair could drop to $0.40. The Cardano price may stage a recovery from $0.40, but is likely to face selling at $0.50. If the price turns down from $0.50, it suggests that the bears have flipped the level into resistance. The pair may then decline toward the Oct. 10 intraday low of $0.27.
Buyers will have to thrust the price above the 20-day EMA ($0.54) to indicate that the selling pressure is reducing. The pair could then rise to the 50-day SMA ($0.64) and later to $0.74.
The price turned down, and the bears are striving to pull the HYPE/USDT pair below the $35.50 support. If they succeed, the selling could accelerate and the Hyperliquid price could dive to $28.
The first sign of strength will be a break and close above the 50-day SMA. The pair could then rally to $44 and later to $52, where the bears are expected to mount a strong defense.
Bitcoin Cash price prediction
The bulls attempted to push Bitcoin Cash (BCH) above the resistance line on Tuesday, but the bears held their ground.
The Bitcoin Cash price has turned down sharply and slipped below the moving averages. Sellers will try to strengthen their position by pulling the price below the $443 support. If they manage to do that, the BCH/USDT pair could plummet to the support line.
The bulls will have to push and maintain the price above the resistance line to signal that the corrective phase may be over. The pair could then rally to $580 and subsequently to $615.
Zcash price prediction
Zcash (ZEC) is facing solid resistance at $750, but the bulls have not allowed the price to dip below the 20-day EMA ($536).
The upsloping moving averages indicate advantage to buyers, but the negative divergence on the RSI shows that the momentum is slowing down. That increases the risk of a break below the 20-day EMA. If that happens, the ZEC/USDT pair could drop toward $424.
The buyers will have to defend the 20-day EMA if they want to retain the advantage. If the Zcash price turns up from the current level or rebounds off the 20-day EMA with strength, the bulls will again attempt to drive the pair above $750.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
AAVE price prediction suggests recovery from oversold conditions could drive token from $164.98 to $208-261 range by November 24, 2025.
The AAVE token has experienced significant downward pressure, declining 7.27% in the past 24 hours to $164.98. However, multiple technical indicators suggest the DeFi protocol’s native token may be setting up for a substantial recovery rally. Our comprehensive AAVE price prediction analysis indicates potential upside targets between $208-261 over the next 5 days.
AAVE Price Prediction Summary
• AAVE short-term target (1 week): $208.54 (+26.4%)
• Aave medium-term forecast (1 month): $180-240 range • Key level to break for bullish continuation: $179.57
• Critical support if bearish: $158.36
Recent Aave Price Predictions from Analysts
The latest Aave forecast from multiple analysts shows convergence around oversold recovery scenarios. CoinCodex presents the most aggressive AAVE price target of $261.07, representing a 58.2% gain from current levels, based on expected technical momentum over the next 5 days.
FX Leaders takes a more conservative approach with their AAVE price prediction of $168.77, citing bearish RSI and MACD signals. However, both Blockchain.News analyses point to $208.54 as a reasonable target, emphasizing oversold conditions that typically precede bounce scenarios.
The consensus among analysts leans cautiously optimistic, with most expecting AAVE to recover from current weakness despite conflicting short-term technical signals.
AAVE Technical Analysis: Setting Up for Oversold Recovery
Current Aave technical analysis reveals a classic oversold setup that often precedes significant recoveries. The RSI reading of 35.67 sits in neutral territory but has shown recent improvement from lower levels. More importantly, AAVE’s position at 0.08 relative to its Bollinger Bands indicates the token is trading extremely close to the lower band at $158.36.
The MACD histogram at -2.4084 shows bearish momentum is beginning to decelerate, though the indicator remains below the signal line. This divergence often signals trend exhaustion and potential reversal setups.
Volume analysis from Binance shows $19.77 million in 24-hour trading, providing sufficient liquidity for institutional accumulation at these suppressed levels. The daily ATR of $19.18 suggests AAVE maintains healthy volatility for momentum-driven moves.
Aave Price Targets: Bull and Bear Scenarios
Bullish Case for AAVE
The primary bullish scenario targets the $208.54 level, representing a 26.4% recovery from current prices. This AAVE price target aligns with the middle Bollinger Band reversion trade that frequently occurs after extreme oversold conditions.
For aggressive bulls, the $261.07 target represents a measured move higher, requiring AAVE to break above the immediate resistance at $179.57 and sustain momentum through the $198.55 SMA 20 level. This scenario assumes broader DeFi sector recovery and Bitcoin stability above key support levels.
Bearish Risk for Aave
The primary downside risk centers around the $158.36 Bollinger Band lower support. A decisive break below this level could trigger algorithmic selling toward the $125.30 yearly low, representing a 24% decline from current levels.
Secondary support exists at the pivot point of $169.46, though this level appears vulnerable given the weak positioning below all major moving averages.
Should You Buy AAVE Now? Entry Strategy
Based on current Aave technical analysis, a staged accumulation approach appears most prudent. Initial positions can be established at current levels around $164.98, with additional buying planned on any test of the $158.36 Bollinger Band support.
Buy or sell AAVE decision matrix:
– Buy: 50% position at $164.98, 50% reserved for $158.36
– Stop-loss: $150.00 (Below yearly support zone) – Initial target: $179.57 (Previous 24h high)
– Extended target: $208.54 (Analyst consensus)
Position sizing should remain conservative given the broader market uncertainty, with risk management prioritized over aggressive speculation.
AAVE Price Prediction Conclusion
Our AAVE price prediction anticipates a recovery rally to the $208-261 range within the next 5-7 trading days, representing potential gains of 26-58% from current levels. This forecast carries medium confidence based on oversold technical conditions and analyst consensus around recovery scenarios.
Key indicators to monitor include RSI movement above 40, MACD histogram turning positive, and price reclaiming the $179.57 resistance level. Failure to hold the $158.36 Bollinger Band support would invalidate the bullish Aave forecast and suggest deeper correction toward $125.30.
The timeline for this prediction centers on November 24-26, 2025, when technical momentum indicators should provide clarity on directional bias for the remainder of the month.
LDO price prediction shows potential 23-74% upside to $0.85-$1.20 range within 4-6 weeks as oversold conditions and analyst forecasts signal recovery from current $0.69 levels.
Lido DAO (LDO) has experienced significant selling pressure, trading at $0.69 and down 6.46% in the past 24 hours. However, technical indicators and recent analyst forecasts suggest a potential recovery is brewing for the liquid staking token.
LDO Price Prediction Summary
• LDO short-term target (1 week): $0.75-$0.82 (+9-19%)
• Lido DAO medium-term forecast (1 month): $0.85-$1.20 range (+23-74%)
• Key level to break for bullish continuation: $0.78 (SMA 20)
• Critical support if bearish: $0.66 (Bollinger Band lower support)
Recent Lido DAO Price Predictions from Analysts
The latest analyst predictions show remarkable consistency around the $0.82-$1.20 range for our LDO price prediction timeframe. Blockchain.News has issued three consecutive forecasts over the past week, with their November 18th update maintaining a medium-term price target of $0.82-$1.03, citing oversold conditions and bullish divergence patterns.
The Lido DAO forecast from November 17th slightly lowered expectations to $0.82-$0.96, acknowledging market fear while identifying early reversal signals. Most optimistically, the November 12th prediction targeted $1.20, contingent on breaking the critical $0.98 resistance level.
This analyst consensus aligns with our technical assessment, suggesting the $0.82-$1.20 range represents a realistic recovery target over the next 4-6 weeks.
LDO Technical Analysis: Setting Up for Oversold Bounce
Our Lido DAO technical analysis reveals several indicators supporting a potential reversal from current oversold levels. The RSI at 38.20 sits in neutral territory but has likely found a floor, while the Stochastic oscillator at 7.53/%K shows extremely oversold conditions that historically precede bounces.
The MACD histogram at -0.0036 indicates bearish momentum is weakening, though it hasn’t yet turned positive. More encouraging is LDO’s position at 0.13 within the Bollinger Bands, placing it very near the lower support band at $0.66 – a level that has provided buying interest.
Volume analysis shows $6.78 million in 24-hour trading, which while modest, suggests controlled selling rather than panic liquidation. The daily ATR of $0.08 indicates moderate volatility, providing reasonable risk-reward ratios for position entries.
Lido DAO Price Targets: Bull and Bear Scenarios
Bullish Case for LDO
Our bullish LDO price target sequence begins with reclaiming the EMA 12 at $0.75, followed by the crucial SMA 20 at $0.78. Breaking above $0.78 would signal the start of a meaningful recovery, opening the path to $0.85-$0.93 intermediate resistance.
The primary bull target remains $1.20, representing the upper end of analyst forecasts and a 74% gain from current levels. This target becomes viable if LDO can decisively break above $0.98, confirming the bullish momentum that analysts have identified in recent predictions.
For this scenario to unfold, we need to see RSI climb above 50, MACD histogram turn positive, and sustained volume above $8 million daily to confirm buying interest.
Bearish Risk for Lido DAO
The bearish scenario for our LDO price prediction centers on a breakdown below the critical $0.66 Bollinger Band support. Such a move would target the immediate support at $0.67, followed by a potential test of the 52-week low at $0.63.
A more severe breakdown could see LDO revisit the strong support zone at $0.23, though this would require a broader crypto market collapse. The key bearish trigger would be RSI falling below 30 combined with increasing selling volume above $10 million daily.
Should You Buy LDO Now? Entry Strategy
Based on our Lido DAO technical analysis, the current $0.69 level presents a reasonable risk-reward entry for buy or sell LDO decisions. Conservative buyers should wait for a bounce above $0.75 to confirm reversal momentum before establishing positions.
Aggressive traders can consider dollar-cost averaging between $0.66-$0.69, with tight stop-losses at $0.63 (the 52-week low). Position sizing should remain modest given the medium confidence level in analyst predictions.
Our recommended entry strategy involves 50% position at current levels, with the remaining 50% deployed on any dip toward $0.66 support. This approach maximizes upside potential while limiting downside risk.
LDO Price Prediction Conclusion
Our comprehensive analysis supports a medium-confidence LDO price prediction of $0.85-$1.20 over the next 4-6 weeks. This forecast aligns with analyst consensus and technical oversold conditions that typically precede meaningful bounces.
Key confirmation signals include RSI climbing above 45, MACD turning positive, and a decisive break above $0.78. Invalidation occurs on a breakdown below $0.66, which would delay the recovery thesis by several weeks.
The timeline for this Lido DAO forecast extends through December 2025, with initial signals expected within 7-10 days. Traders should monitor daily volume and momentum indicators closely, as the next major move appears imminent based on current oversold readings.
Bitcoin ATMs were spotted across major shopping malls in Nairobi days after Kenya implemented its first comprehensive cryptocurrency law, creating an immediate stress test for regulators who claim that no crypto provider is yet authorized to operate.
Local media outlet Capital News reported that several major malls across Nairobi had new machines branded “Bankless Bitcoin” installed beside traditional banking kiosks, offering cash-to-crypto services to the locals.
This isn’t the first time Kenya has seen Bitcoin ATMs. In 2018, The East African reported that ATM provider BitClub installed Bitcoin ATMs in Nairobi, although adoption remained minimal and the devices did not reach mainstream retail spaces.
CoinATMradar data indicates that there are currently only two reported Bitcoin ATMs in Kenya.
The arrival of new Bitcoin ATMs comes just weeks after Kenya’s Virtual Assets Service Providers Act of 2025 came into effect. On Nov. 4, Kenya implemented its first formal licensing framework for wallet operators, exchanges, custodians and other crypto platforms.
Under the new law, the Central Bank of Kenya (CBK) will be responsible for overseeing payment and custody functions. In contrast, the Capital Markets Authority (CMA) will regulate investment and trading activities.
A Bitcoin ATM spotted in Kenya. Source: Capital FM
The Central Bank of Kenya warns that no VASP is licensed yet
While the law is in effect, the regulations required to initiate licensing of VASPs have not yet been issued. This means that providers are currently operating without the necessary licenses.
In a joint notice issued on Tuesday, the CBK and the CMA stated that neither regulator has licensed any VASP under the new laws to operate in or from Kenya. The regulators warned that companies claiming authorization are doing so illegally.
“Currently, CBK and CMA have not licensed any VASPs under the Act to operate in or from Kenya,” the central bank said, adding that the National Treasury is already developing and will issue regulations that will determine when the licensing can start.
The situation creates a mismatch. On one hand, visible crypto infrastructure is entering mainstream retail spaces while regulators are warning the public that no operator has the proper authorization.
It raises questions about enforcement and the compliance of crypto businesses in the country.
Bitcoin goes from Kibera backstreets to upscale malls
The arrival of Bitcoin ATMs in high-end malls signals that Kenya’s informal crypto ecosystem is expanding despite operating in regulatory gray areas.
Capital News reported that while Bitcoin ATMs are only just starting to reach more upscale malls, Bitcoin usage has flourished in lower-income neighborhoods, such as Kibera, where people use BTC as a form of banking.
“In many cases, people in Kibera do not have an opportunity to secure their lives with normal savings,” AfriBit Africa co-founder Ronnie Mdawida told the local outlet.
He said that with Bitcoin, residents can hold value without documentation and banking paperwork, which he said was “financial freedom” for people living on a dollar a day.
Harvey introduces advanced features in its Word Add-In, improving workflow efficiency for legal professionals with intuitive editing, enhanced playbook reviews, and new workflows.
Harvey has unveiled significant enhancements to its Word Add-In, aimed at providing a more intuitive and reliable experience for legal professionals. These updates are designed to streamline complex document processing tasks, according to Harvey.ai.
Intuitive Editing, From Start to Finish
The updated Word Add-In now features an optimized homepage that enhances clarity, personalization, and responsiveness. Users are presented with prompt suggestions based on document types, facilitating immediate action and improving workflow efficiency.
Greater Control for Playbook Reviews
Harvey has refined its playbook review capabilities to offer more granular controls and insights, crucial for contract review processes. Legal teams can now access a comprehensive view of all contractual changes, including those not linked to specific playbook rules, ensuring no redlines are overlooked. Additional features, such as required language flags, will be introduced in December, promoting consistency across deals.
Easily Edit and Review With New Workflows
The addition of new workflows in the Word Add-In addresses common legal tasks efficiently. Notable features include:
Redact: Automates the removal of sensitive information, safeguarding data security while saving time.
Convert to a Template: Transforms documents into reusable templates by converting fields into placeholders.
Review Definitions: Assists in identifying and resolving inconsistencies in contract terms, available in December.
Receive More Reliable Results With Embedded Knowledge Sources
To enhance accuracy and reliability, Harvey is integrating over 80 region-specific knowledge sources into the Word Add-In. This integration allows users to reference authoritative sources during drafting and editing, thereby improving the quality of their work.
These improvements are part of Harvey’s ongoing efforts to assist legal teams in working more seamlessly and efficiently within Microsoft 365 applications. By offering smarter automation and sharper insights, Harvey continues to support legal professionals in optimizing their workflow.
SOL price prediction shows mixed signals with analysts targeting $126-$204 range. Technical analysis suggests potential rebound from $139 level to $175-$200 within 2-4 weeks.
Solana (SOL) finds itself at a critical juncture as the cryptocurrency trades at $139.59, presenting both opportunity and risk for investors. With analyst predictions ranging dramatically from $126 to $204, our comprehensive SOL price prediction analysis reveals why Solana could be setting up for a significant move in the coming weeks.
SOL Price Prediction Summary
• SOL short-term target (1 week): $151-$175 (+8% to +25%)
• Solana medium-term forecast (1 month): $175-$204 range (+25% to +46%)
• Key level to break for bullish continuation: $156.57 (SMA 20)
• Critical support if bearish: $128.82 (immediate support level)
Recent Solana Price Predictions from Analysts
The latest SOL price prediction landscape shows remarkable divergence among analysts, reflecting the current market uncertainty. Blockchain.News presents the most optimistic Solana forecast with a $204.51 target, citing bullish MACD divergence and strong technical momentum. This contrasts sharply with Bitrue’s bearish outlook, predicting a decline to $126.18 based on 18 sell signals.
Coinpedia’s SOL price target of $200 aligns with the bullish camp, supported by RSI at 35.31 approaching oversold territory. Meanwhile, CoinCodex and Hexn present more conservative predictions around $140, factoring in the extreme fear sentiment with a Fear & Greed Index at 10.
The consensus appears to be forming around the $150-$175 range for near-term Solana price action, with AMB Crypto’s AI models specifically targeting $175.16 by November 19, 2025.
SOL Technical Analysis: Setting Up for Recovery
Current Solana technical analysis reveals a cryptocurrency in transition, with key indicators suggesting the worst of the selling pressure may be subsiding. The RSI at 35.34 sits in neutral territory but closer to oversold conditions, historically a favorable zone for SOL rebounds.
The MACD histogram at -0.8330 confirms bearish momentum, but the narrowing spread between MACD (-13.7778) and signal line (-12.9448) suggests weakening selling pressure. SOL’s position within the Bollinger Bands at 0.24 indicates the price is trading near the lower band at $123.54, often a reversal signal.
Volume analysis shows robust trading activity at $595.6 million on Binance, providing the liquidity foundation for a potential breakout. The Daily ATR of $11.85 suggests SOL maintains healthy volatility levels for significant price moves.
Solana Price Targets: Bull and Bear Scenarios
Bullish Case for SOL
The optimistic SOL price prediction scenario targets the $175-$204 range within 2-4 weeks. For this Solana forecast to materialize, SOL must first reclaim the SMA 20 at $156.57, which would trigger algorithmic buying and signal the end of the current correction.
A successful break above $156.57 would likely propel SOL toward the immediate resistance at $190.26, with the ultimate SOL price target reaching $204.51. This represents a potential 46% gain from current levels and would align SOL with the upper Bollinger Band resistance.
Technical confirmation would come from RSI breaking above 50 and MACD histogram turning positive, indicating renewed buying momentum.
Bearish Risk for Solana
The downside Solana forecast warns of potential decline to $126-$128 if current support fails. A break below the critical $128.82 support level would expose SOL to further weakness toward the $123.54 lower Bollinger Band.
The most pessimistic analysts predict SOL could test the $105.40 yearly low if broader market conditions deteriorate. This bearish SOL price prediction would be confirmed by RSI falling below 30 and sustained trading below all major moving averages.
Risk factors include continued extreme fear sentiment, potential regulatory concerns, and broader cryptocurrency market weakness that could pressure all altcoins.
Should You Buy SOL Now? Entry Strategy
Based on current Solana technical analysis, a staged entry approach offers the best risk-reward profile. Conservative investors should wait for a clear break above $156.57 before initiating positions, with a stop-loss at $145.
Aggressive traders might consider accumulating SOL in the $135-$140 range, setting stop-losses at $128. This strategy capitalizes on the oversold RSI conditions while limiting downside risk.
Position sizing should remain modest given the mixed analyst predictions and current market volatility. A maximum 2-3% portfolio allocation allows participation in potential upside while managing downside risk.
SOL Price Prediction Conclusion
Our comprehensive SOL price prediction analysis suggests a medium confidence forecast for recovery to $175-$200 within the next month, despite current bearish momentum. The convergence of oversold technical conditions, analyst targets, and historical support levels creates a compelling setup for Solana bulls.
Key indicators to monitor include RSI movement above 40, MACD histogram turning positive, and successful defense of the $128.82 support level. A break above $156.57 would validate the bullish Solana forecast and trigger the next leg higher.
The timeline for this SOL price prediction extends through December 2025, with initial confirmation expected within 1-2 weeks. However, failure to hold current support could invalidate this forecast and target the more bearish predictions around $126-$137.
Crypto exchange Coinbase is working on creating a website for a prediction markets platform, according to a tech researcher who posted screenshots seemingly indicating it will be backed by Kalshi.
Jane Manchun Wong, a tech researcher and blogger known for discovering in-development features on Big Tech sites, posted to X on Tuesday that Coinbase is “working on a prediction market,” and shared multiple screenshots apparently showing the platform.
In one screenshot, it states that the prediction market is offered by Coinbase Financial Markets, the derivatives arm of Coinbase Global, through the prediction market Kalshi.
The other images show a typical prediction market interface splashed with Coinbase’s logo, along with an FAQ section and a branded guide explaining the offering.
Coinbase told CNBC in July that it plans to offer prediction markets as part of its bid to create an “everything exchange.” Coinbase and Kalshi partnered on Nov. 13, with the exchange acting as the custodian for Kalshi’s USDC (USDC)-based event contracts.
Coinbase and Kalshi didn’t immediately respond to a request for comment.
Wong is known for discovering unreleased features from platforms, including Facebook, Instagram and X, by scouring a website’s public source code for clues.
In the screenshots shared by Wong, Coinbase is apparently set to allow USDC or US dollars on the prediction markets, set to include events pertaining to economics, sports, science, politics and technology. It also hints that new markets will be added regularly.
Prediction markets have become one of the hottest crypto offerings this year, with volumes on platforms such as Kalshi and Polymarket surging.
Many of Coinbase’s crypto exchange rivals have also been looking to cash in on the trend by partnering with existing platforms or developing their own offerings.
Crypto.com recently started offering a prediction markets platform, which is set to be integrated with Trump Media.
Crypto exchange Gemini is also planning to launch a prediction markets platform as part of an initiative to create a “super app,” and said last week that it filed to become a designated contract market with the Commodity Futures Trading Commission to offer the platform.
Federal Reserve balance-sheet limits and possible repo operations point to improving liquidity conditions that could boost Bitcoin and other risk assets.
Fiscal strain and sector weakness currently weigh on markets, but easing tariffs and a targeted stimulus plan may support a recovery in crypto demand.
Bitcoin (BTC) and the broader crypto market could remain under pressure ahead of the upcoming US Federal Reserve interest rate decision on Dec. 10. Expectations for the direction of monetary policy remain highly split, with concerns over inflation clashing against signs of slowing economic activity.
Fed target rate probabilities for December FOMC. Source: CME FedWatch Tool
Traders are divided between a 0.25% cut and keeping rates steady at 4%, based on implied odds on government bond markets. The more cautious Fed members argue that US President Donald Trump’s tariffs have added inflation pressure, reducing the room to ease rates and support growth. At the same time, the US job market shows clear signs of cooling, according to reports from BlackRock.
Blaming Bitcoin’s weakness solely on Fed appears misguided
Concerns with sticky inflation have been regularly cited by Fed officials. “I worry that restrictive monetary policy is weighing on the economy, especially about how it is affecting lower-and middle-income consumers,” Fed Governor Christopher Waller said on Monday. Waller dismissed rumors that the missing official data, resulting from the government shutdown, has hurt the Fed’s visibility.
Still, blaming Bitcoin’s weakness only on the Fed seems inaccurate, given that the downtrend started in early October. US import tariffs helped narrow the monthly government deficit, and the Fed’s balance sheet continued to shrink, causing the US dollar to strengthen against a basket of major currencies. Historically, Bitcoin holds an inverse correlation to the dollar Index (DXY).
Inverse US Dollar Index (red) vs. BTC/USD (right). Source: TradingView / Cointelegraph
Pinpointing the exact trigger behind Bitcoin’s weakness since the Oct. 6 all-time high is nearly impossible. Financial conditions worsened as freight activity slowed, housing markets softened, and companies faced tighter cash flows, according to a Savvy Wealth report. As a result, Bitcoin’s decline may stem more from broad risk aversion than from dollar strength alone.
The Fed has signaled that it will no longer allow its assets under management to fall below the current $6.5 trillion, starting in December. This move could be offset by the launch of repurchase agreement (Repo) operations. In practice, the Fed’s balance sheet stays unchanged while cash is injected into financial markets, easing liquidity concerns by adding reserves to banks.
Total assets in the US Federal Reserve balance sheet, USD millions. Source: Fed
Meanwhile, Trump has directed US Treasury Secretary Scott Bessent to prepare a stimulus campaign aimed at lower-income households for early 2026, and import tariffs may be gradually reduced to lower inflation risks. Still, fiscal conditions worsen in 2026 as the One Big Beautiful Bill Act takes effect.
Bitcoin may rebound strongly as liquidity eventually returns
By the start of the year, there should be far less uncertainty in the economic outlook, for better or worse. Currently, weaknesses are evident in the real estate and auto sectors, both of which are placing significant pressure on regional banks. Bitcoin and other riskier assets have already reacted defensively, but they stand to benefit the most once liquidity returns.
Money market funds as a percentage of GDP. Source: ING
Bitcoin is not hostage to US monetary policy, especially with a weakening job market. The Fed has limited room to act while fiscal conditions stay tight, leaving expansionist measures as its fallback. Over time, liquidity is expected to return to markets, helping to mitigate a sharper economic impact and creating a more favorable environment for a strong rally in scarce assets.
This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Traditionally tied to the last five trading days of December and the first two of January, the Santa Rally now influences Bitcoin and major altcoins as seasonal optimism, low liquidity and renewed risk appetite shape year-end trading.
With institutional desks quiet during the final week of December, even small retail trades can move prices. Social media narratives, year-end bonuses and FOMO often amplify that effect.
Retail traders chase narratives, quick trends and speculative opportunities, while whales focus on risk management, balance-sheet adjustments and optimizing capital ahead of the new year.
The slowdown in institutional activity increases price sensitivity, making retail-driven surges in Bitcoin, tech stocks and speculative tokens appear more powerful than they actually are.
The Santa Claus rally, which covers the last trading days of December and the first few days of January, has interested market experts for years. The trend has now spread to cryptocurrencies. This period of end-of-year optimism, low trading volume and increased risk appetite can push prices sharply higher.
What leads to this phenomenon: individual traders or large investors? In the current market, which includes drivers like exchange-traded funds (ETFs), institutional flows and online traders, understanding the dynamics behind the Santa Rally becomes even more important.
This article explains what the Santa Rally is and how holiday periods influence investor behavior among both retail and institutional participants. It explores when each group tends to dominate trading and how to read the indicators that shape the rally.
What is the Santa Rally?
Traditionally, the Santa Rally refers to the last five trading days of December and the first two trading days of January, a period that has often produced strong gains in US stocks. The Standard & Poor’s 500 (S&P 500) has posted increases during this window in most years since the 1950s.
This pattern is no longer limited to stocks. Major cryptocurrencies also tend to perform well in late December, supported by renewed investor interest, reduced activity from large institutions and new funds entering the market at the start of the year.
Solana (SOL), for instance, traded at $56 on Dec. 24, 2023, and rallied to $105 by Jan. 5, 2024. Gold often benefits from similar seasonal trends in late December as investors adjust portfolios and increase demand for safe assets.
Who are the main participants in a Santa Rally?
The Santa Rally is driven by a mix of market forces and investor psychology. Here are the key groups whose actions contribute to the positive momentum.
Whales and institutions: Whales include major cryptocurrency holders, spot ETFs, hedge funds, pension funds, companies and market makers. These participants trade in large amounts, follow set rules and operate with structured plans. They adjust portfolios at year-end, manage risk levels and often use derivatives to protect or increase their positions.
The objectives of these groups differ significantly:
Retail traders focus on price trends, narratives and fear of missing out (FOMO).
Whales focus on year-end reporting, risk controls and efficient use of capital.
Did you know? Crypto never sleeps. Unlike stock markets that close on weekends and public holidays, Bitcoin trades nonstop worldwide. This round-the-clock activity creates unique patterns like “weekend volatility,” where prices can move more sharply because institutional trading desks are offline.
How holiday inactivity amplifies small investor impact
Retail traders are often seen as sparking year-end rallies because the last week of December typically has less activity from major institutions. With many professional desks quieter during the holidays, even small amounts of retail buying can move prices more than usual.
Why the holidays favor retail participation
There are several reasons for increased retail participation during the holidays:
Lower activity from institutions allows retail trades to have a greater impact.
Optimism for the new year encourages more risk-taking and new deposits on trading platforms.
Narratives like “Santa Rally,” “December increase” and the “January effect” spread quickly on social media.
End-of-year bonuses and savings often lead to retail purchases.
Smaller tokens that tend to react quickly to market sentiment.
Since retail traders often follow rising prices, these investments can grow quickly. This can create the impression of a coordinated rally even when the moves are mostly emotional and short-term in nature.
Did you know? On platforms such as X, Reddit and Telegram, a single viral post can move a token’s price before official news outlets catch up. This speed of narrative-driven trading has contributed to the rise of memecoins, social trading and so-called attention markets.
Institutional whales and the year-end crypto surge
Although retail may start a rally, whales often determine its size.
Growth of institutional investments has increased greatly
Since spot Bitcoin ETFs launched, institutional investments have become a major force in cryptocurrency markets. Large ETF purchases of Bitcoin can lift the broader market. When pension funds and institutional managers add riskier assets in late December or early January, the resulting inflows often create wider and longer-lasting rallies.
Year-end rebalancing
Whales follow organized steps:
Pension funds and asset managers adjust portfolios to meet target levels.
Hedge funds change risk levels and close short positions before the new year.
Institutions with strong performance may increase risk to prepare for January activity.
These adjustments can produce large buy orders that significantly affect markets during low-volume periods.
Derivatives and advanced trading
Whales also influence derivatives markets, including futures, options and perpetual contracts. A single hedge fund adjusting or protecting a position can shift funding rates, trigger short squeezes or set off chain reactions in holiday markets. These moves can sometimes look like retail-driven excitement even when they originate from institutional risk management strategies.
When retail leads and when whales dominate
Both groups influence the Santa Rally, but their impact shifts depending on market conditions.
Scenario 1: Retail-led Santa Rally
Retail tends to dominate when:
These situations often create fast, unstable price movements. They are most visible in memecoins, small-cap stocks and higher-risk assets.
Scenario 2: Whale-led Santa Rally
Whales tend to lead when:
ETF investments increase
Hedge funds expect policy changes, such as rate cuts
Institutions make major portfolio adjustments
Derivatives funding improves.
This usually results in steadier, broader rallies and stronger gains in Bitcoin, Ether (ETH) and large alternative coins.
Scenario 3: Combined regime (the most common today)
In current markets, the typical pattern is combined:
Retail creates the story and initial momentum.
Usually, whales provide the capital to maintain or expand the rally.
Recognizing this interaction is essential for forecasting December performance.
Did you know? Futures, perpetual swaps and options now dominate global crypto trading volumes. Perpetual futures in particular have no expiry date, making them a favorite among sophisticated traders. Funding rates from these markets often serve as early indicators of trend strength or potential reversals.
How to read the 2025 Santa Rally indicators in real time
As the 2025 Santa Rally unfolds, you need to track specific indicators and data points to gauge its strength and sustainability.
Retail indicators to watch
Search trends for cryptocurrencies and meme assets
Volatility indexes such as the CBOE volatility index (VIX) and the Bitcoin volatility index (BVIX)
Global fund flows.
Together, these indicators provide a clearer view of which group is guiding the markets.
Risk control: Don’t let the Santa Rally wreck your investments
Holiday markets often experience low volume, heightened emotions and sudden reversals. These conditions can make price movements unpredictable, so understanding the risks is important for anyone observing the market.
Common considerations during this period include:
Being aware that lower liquidity can exaggerate price swings
Recognizing that sentiment-driven moves may not last
Understanding that leverage, if used, can increase both gains and losses
Keeping in mind that seasonal rallies can end abruptly
Noting when momentum appears to cool or stabilize.
The Santa Rally can be an interesting seasonal pattern, but it is not guaranteed. Relying solely on historical behavior without considering current market conditions can lead to misunderstandings about potential outcomes.
