Dragonfly’s Rob Hadick says “there’s a lot of room” in crypto for more than 
one blockchain as networks race to win market share of tokenized assets.

Solana and Ethereum can coexist in tokenization race: Dragonfly VC

Blockchain tokenization is radically expanding the definition of money, 
enabling anyone to trade, save, and spend in virtually any asset they like, 
says Kraken’s Mark Greenberg.

Tokenization has moved past money only meaning fiat: Kraken exec

The Ethereum price has struggled to reclaim the critical $3,000 mark for the 
past 48 hours, raising concerns about potential declines in the 
cryptocurrency’s value if this essential support level is not regained by the 
end of the week. Analyst Predicts Further Downside Market analyst Ted Pillows 
pointed out on social media platform X (formerly Twitter) that without a quick 
recovery above $3,000, Ethereum could face further downside pressures, 
possibly dropping toward the $2,800 range in the near term. This scenario 
would indicate an additional retracement of approximately 5% from its current 
trading price, which hovers just above $2,940. This ongoing struggle adds to 
the 16% decline recorded in the monthly time frame, highlighting the 
precarious situation for broader cryptocurrency prices. Related Reading: This 
Friday’s Bitcoin Options Expiry Could Shake Up The Market: What To Look Out 
For Another analyst, Columbus, sought to understand Ethereum&#8217;s lackluster 
performance relative to Bitcoin (BTC). He noted that Ethereum continues to 
trade below its Volume Weighted Average Price (VWAP), struggling to gain 
traction above this critical metric. The bounce observed from the $2,800 to 
$2,850 range appears more responsive than impulsive, in the analyst’s words, 
suggesting that while there are buying interests, conviction in the rally 
remains weak. Columbus further remarked that there is considerable liquidity 
layered overhead, particularly within the $3,050 to $3,250 zone. This 
liquidity has successfully capped any attempts to push prices higher. Unless 
Ethereum can reclaim this area and achieve consistent acceptance above it, 
upward movements are likely to be more about short-term rotations into supply 
rather than genuine trend continuation. On the downside, a failure to hold the 
$2,850 mark could expose Ethereum to deeper losses, potentially leading to a 
downturn toward lower liquidity levels between $2,400 and $2,700, where the 
bulk of liquidity is concentrated. Will Ethereum Drop To $1,300 In 2026? 
Looking further into the future, market expert CryptoBullet painted a more 
somber picture of Ethereum&#8217;s potential trajectory for 2026. He has introduced 
a new fractal model for Ethereum that suggests bearish outcomes for investors 
anticipating a bull run next year. In a social media post, CryptoBullet 
presented a daily chart of Ethereum, outlining key price targets and 
indicating that while a price recovery might occur in January and February, 
subsequent months could see a significant downturn. Related Reading: These 
Five Key Drivers Could Boost XRP To $5 By 2026, Claims Top Analyst According 
to this analysis, Ethereum&#8217;s brief recovery could falter against existing 
resistance levels between $3,600 and $3,800, potentially culminating in a 
dramatic decline to a target price of $1,385. If this fractal model mimics 
Ethereum&#8217;s performance in 2022, it could signify a staggering 63% drop in 
value for the leading altcoin. Featured image from DALL-E, chart from 
TradingView.com

Ethereum Fails To Surpass $3,000: Predictions For The Final Days Of The Year

After failing to turn the $90,000 area, Bitcoin (BTC) continues to move within 
its local range with apparent no clear direction. Some market observers have 
suggested that the flagship crypto will remain rangebound until next year, 
when its potential moment of truth will come. Related Reading: More Pain For 
Ethereum? Head And Shoulder Pattern Signals $2,400 Breakdown Bitcoin Takes 
Holiday Break On Christmas Eve Day, Bitcoin continued with its sideways 
trajectory, trading between the $86,000-$87,000 levels throughout the day. The 
cryptocurrency has been hovering within the $80,000-$94,000 levels since the 
late November correction, failing to break out of its one-month range despite 
earlier attempts. Notably, BTC’s price has been trading around the mid-zone of 
its range, moving between the $84,000-$90,000 levels for nearly two weeks. 
Analyst Ted Pillows noted that Bitcoin “is still in no trading zone,” arguing 
that if the price doesn’t reclaim the $90,000 resistance area, the price could 
risk another retest of the $84,000 support. However, if the support and 
resistance levels don’t break, it will continue to move within its range until 
the market’s momentum returns. Meanwhile, Daan Crypto Trades highlighted that 
December has been “a very boring month all things considered.” In an X post, 
he explained that there the broader crypto market had “no major narratives, no 
major moves. Just a lot of up days followed by down days. With alts bleeding 
lower in the end and BTC &amp; ETH roughly stable.” The trader also asserted that 
it hasn’t been BTC’s best year despite reaching new highs this quarter. He 
pointed out that “this year was abysmal, especially looking at the risk 
adjusted returns.” Nonetheless, he noted that “during years like these, we are 
taking big steps towards distributing coins from OG large holders and get a 
more evenly spread supply. Regardless of price action in the short term, 
that&#8217;s always a good thing to see.” BTC To Breakout Or Breakdown In 2026? Daan 
affirmed that Q1 2026 will be the moment where Bitcoin can “try and prove 
itself” and when everyone will be closely watching the cryptocurrency’s 
performance to determine whether the cycle is over or not. Other market 
watchers have suggested two potential scenarios for BTC’s early 2026 
performance. Ted Pillows highlighted that BTC appears to be mirroring its 
2021-2022 fractal, which suggests that the flagship cryptocurrency is 
ultimately entering a bear market. Per the chart, Bitcoin saw a significant 
pullback after topping in late 2021. This was followed by brief recovery 
period at the start of 2022 before the price continued its descending 
trajectory. Based on this, the analyst forecasted a rally towards $100,000 at 
the start of 2026 before its next leg down, which could target the 
$60,000-$70,000 area. On the contrary, Eljaboom pointed out that BTC could be 
repeating its performance from the start of the year. Related Reading: XRP 
ETFs Record 25-Day Streak As Price Eyes Key Resistance Level As he noted, BTC 
displays a multi-month falling wedge pattern on the three-day chart similar to 
the one that formed between Q4 2024 and Q2 2025 and led to the Q3 3035 rally. 
If history repeats, the cryptocurrency could retest the pattern’s lower 
boundary in the coming weeks before breaking out of the formation and 
potentially moving to new highs by Q2 2026. As of this writing, Bitcoin trades 
at $87,350, a 0.5% decline in the daily timeframe. Featured Image from 
Unsplash.com, Chart from TradingView.com

Bitcoin Poised For ‘Boring’ 2025 Close – Here’s When BTC’s Real Test Will Come

Bitwise Asset Management released 10 crypto predictions for 2026, outlining a 
forcefully bullish, bitcoin-centered outlook driven by ETF demand, 
institutional adoption, regulatory progress, supply constraints, and a 
shifting market structure favoring sustained upside momentum ahead. Bitwise 
Forecasts 10 Predictions as Bitcoin Decouples From Stocks and Follows Crypto- 
Specific Catalysts Bitwise Asset Management, a U.S.-based asset manager, […]

Cryptocurrency price in AUD