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Lido Staked Ether 
Figure Heloc 
Digital asset treasury companies such as Tom Lee’s BitMine have contributed to the increase in the entry queue, but the network’s Petcra upgrade may have also helped. 🔗 Source 💡 DMK Insight The surge in entry queues for digital asset treasury companies signals growing institutional interest, and here’s why that matters: Tom Lee’s BitMine is a notable player, indicating that institutional players are ramping up their crypto exposure. This uptick could be linked to the recent Petcra upgrade, which may enhance network efficiency and scalability. For traders, this means potential volatility as more liquidity enters the market, but also opportunities as institutional buying can drive prices higher. Keep an eye on how this upgrade impacts transaction speeds and fees, as these factors can influence trading strategies. If the network performs well post-upgrade, we could see a bullish trend develop, particularly if major assets like Bitcoin or Ethereum respond positively. However, it’s worth questioning whether this institutional interest is sustainable or just a short-term reaction to the upgrade. If the market doesn’t hold these gains, we could see a quick pullback. Watch for key resistance levels in major cryptocurrencies and monitor trading volumes closely to gauge whether this interest translates into lasting price action. 📮 Takeaway Monitor the impact of the Petcra upgrade on transaction speeds and liquidity, as this could trigger significant price movements in major cryptocurrencies.
Trend Research lifts ETH holdings to $1.8B with $35M buy, is ‘bullish’ on 2026
Trend Research founder Jack Yi pledged to continue buying Ether, claiming more financial and regulatory tailwinds will drive crypto valuations in 2026. 🔗 Source 💡 DMK Insight Jack Yi’s commitment to buying Ether signals a potential bullish outlook, but here’s why traders should tread carefully. While Yi’s optimism about 2026 may resonate, the immediate market context is crucial. At $2,954.32, ETH is hovering near key resistance levels. If it breaks above $3,000, it could trigger a wave of buying, but a failure to hold this level might lead to a pullback. Traders should watch for volume spikes around these price points to gauge sentiment. Moreover, Yi’s mention of regulatory tailwinds hints at a broader acceptance of crypto, but the timeline is uncertain. Institutional players might react positively, but retail sentiment can shift quickly, especially with macroeconomic factors like inflation and interest rates still in play. Keep an eye on the upcoming economic data releases, as they could impact risk appetite across the board, including for ETH and related assets like Bitcoin. The real story is how these factors interplay in the short term, so monitor ETH’s price action closely over the next few weeks. 📮 Takeaway Watch for ETH to break $3,000; a sustained move above could signal bullish momentum, while a drop below $2,900 might indicate a bearish reversal.
Higher activity, lower fees: Here’s what December’s onchain data shows
Onchain data shows activity holding up on Ethereum, Polygon, Arbitrum and Avalanche even as fee revenue declines across the crypto sector. 🔗 Source 💡 DMK Insight Ethereum’s activity remains robust at $2,954.32, but declining fee revenue raises eyebrows. Despite the drop in fee income, the sustained on-chain activity across Ethereum and its layer-2 solutions like Polygon and Arbitrum suggests that users are still engaged. This could indicate a shift in how value is being exchanged on these networks—perhaps more transactions are occurring at lower fees, or users are finding ways to utilize these platforms without incurring high costs. Traders should keep an eye on this dynamic, as it could signal a longer-term trend of increased utility over speculative trading. However, the declining fee revenue might also hint at potential weaknesses in the ecosystem. If this trend continues, it could lead to reduced incentives for validators and developers, impacting network security and innovation. Watch for key support levels around $2,800 on Ethereum; a drop below this could trigger further selling pressure. Conversely, if activity continues to rise, it may bolster prices in the short term, making it a critical moment for traders to assess their positions and strategies. 📮 Takeaway Monitor Ethereum’s support at $2,800; sustained on-chain activity could signal bullish momentum despite declining fee revenue.
BitMine locks up $1B in Ether as big corporates stake ETH for yield
The largest corporate Ethereum holders continue seeking passive yield through staking, effectively reducing the sellable Ether supply on the open market. 🔗 Source 💡 DMK Insight With ETH at $2,954.32, corporate holders are doubling down on staking, tightening supply. This trend is crucial for traders to watch, as it indicates a potential upward pressure on prices. When major players lock up their holdings for yield, it reduces the available supply, which could lead to increased demand and price appreciation. If ETH can hold above the $2,900 level, it might attract more retail interest, especially if we see a breakout above recent resistance levels. However, there’s a flip side: if market sentiment shifts or if there’s a significant sell-off from retail investors, the locked-up supply won’t immediately help stabilize prices. Keep an eye on the staking ratios and any changes in corporate strategies, as these could signal shifts in market dynamics. The real story is how this reduced supply interacts with broader market trends, especially as we approach key economic indicators that could influence crypto sentiment. 📮 Takeaway Watch for ETH to maintain above $2,900; a sustained hold could signal bullish momentum as supply tightens.
Australian Dollar holds ground on hawkish RBA tone
The Australian Dollar (AUD) rises against the US Dollar (USD), reaching a 14-month high of 0.6727 on Monday. The AUD/USD pair strengthens as the Aussie Dollar finds support amid growing expectations of interest rate hikes from the Reserve Bank of Australia (RBA). 🔗 Source 💡 DMK Insight The AUD’s rise to 0.6727 signals a pivotal moment for traders: This surge is fueled by increasing speculation around RBA interest rate hikes, which could further strengthen the Aussie. With the AUD/USD pair hitting a 14-month high, traders should consider how this impacts their positions, especially if they’re holding USD-denominated assets. A sustained rally above this level could trigger more bullish sentiment, potentially pushing the pair towards resistance levels not seen since last year. But here’s the flip side: if the RBA fails to deliver on rate hikes or if global economic conditions shift, we might see a sharp pullback. Keep an eye on the 0.6700 support level; a drop below could signal a reversal. Watch for upcoming economic data releases from Australia that could influence the RBA’s decisions and, consequently, the AUD’s trajectory. 📮 Takeaway Monitor the AUD/USD pair closely; a hold above 0.6727 could lead to further gains, but watch for support at 0.6700.
Forex Today: Gold and Silver correct from record peaks
Here is what you need to know on Monday, December 29: 🔗 Source
EUR/JPY weakens below 184.00 as BoJ signals further tightening
The EUR/JPY cross attracts some sellers to around 183.80 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) as the Bank of Japan’s (BoJ) Summary of Opinions from the December policy meeting reinforced expectations of continued tightening in 2026. 🔗 Source 💡 DMK Insight The EUR/JPY is facing selling pressure near 183.80, and here’s why that’s crucial: The recent comments from the Bank of Japan (BoJ) indicate a commitment to tightening monetary policy, which is likely to bolster the JPY against the EUR. This shift could lead to a stronger JPY, especially if traders start pricing in a more aggressive rate hike schedule for 2026. For day traders, this means watching for a potential breakdown below 183.50, which could trigger further selling and open the door to a test of lower support levels. On the flip side, if the EUR manages to hold above 183.80, it might indicate resilience, suggesting a possible reversal or consolidation phase. Keep an eye on broader market sentiment and any economic data releases from the Eurozone that could impact the EUR’s strength. The immediate focus should be on how the market reacts to these BoJ signals, as they could set the tone for the EUR/JPY in the coming weeks. 📮 Takeaway Watch for a potential breakdown below 183.50 in EUR/JPY, as BoJ’s tightening signals could lead to further JPY strength.
Sweden Trade Balance (MoM) rose from previous 1.5B to 11.6B in November
Sweden Trade Balance (MoM) rose from previous 1.5B to 11.6B in November 🔗 Source 💡 DMK Insight Sweden’s trade balance surge to 11.6B is a game-changer for forex traders. This massive jump from 1.5B signals a potential strengthening of the Swedish Krona (SEK) against major currencies. A trade balance like this often indicates robust export performance or declining imports, both of which can bolster a currency’s value. For traders, this could mean a favorable environment for long positions on SEK pairs, especially against the Euro and Dollar, where we might see increased volatility. Keep an eye on the EUR/SEK and USD/SEK charts for potential breakout patterns. However, it’s worth questioning if this spike is sustainable. If it’s driven by temporary factors, like seasonal exports, we could see a reversion. Watch for upcoming economic indicators or geopolitical events that might impact Sweden’s trade dynamics. The next few weeks will be crucial; any signs of a reversal in trade trends could lead to swift corrections in SEK valuations. 📮 Takeaway Monitor the EUR/SEK and USD/SEK pairs closely; a sustained trade balance above 10B could signal a bullish trend for SEK.
EUR/GBP stays below 0.8750 as eyes focus on ECB, BoE outlook
EUR/GBP inches lower after registering gains in the previous session, trading around 0.8720 during the early European hours on Monday. The currency cross depreciates as the Pound Sterling (GBP) gains on a cautious tone surrounding the Bank of England’s (BoE) policy outlook. 🔗 Source 💡 DMK Insight The EUR/GBP dip to around 0.8720 signals a shift in sentiment, and here’s why that matters: The recent gains in EUR/GBP have been overshadowed by a strengthening GBP, driven by cautious optimism regarding the Bank of England’s policy direction. Traders should note that the BoE’s tone could lead to a more hawkish stance, especially if inflation data supports tighter monetary policy. This could create a ripple effect, pushing the EUR/GBP lower if the market perceives the Eurozone’s economic recovery as lagging behind the UK. Watch for key support around 0.8700; a break below this level could trigger further selling pressure. Conversely, if the Euro shows resilience, it could bounce back, making this a critical inflection point for day and swing traders alike. But don’t overlook the broader context—if global risk sentiment shifts, we could see volatility spike across currency pairs, impacting correlated assets like GBP/USD and EUR/USD. Keep an eye on upcoming economic data releases that could sway the BoE’s outlook, as these will be pivotal in shaping market expectations in the near term. 📮 Takeaway Watch for EUR/GBP to hold above 0.8700; a break could signal further declines, while resilience may lead to a rebound.
USD/JPY Price Forecast: Falls toward 156.00 after breaking below nine-day EMA
USD/JPY retraces its recent gains registered in the previous session, trading around 156.10 during the European hours on Monday. On the daily chart, technical analysis indicates the 14-day Relative Strength Index (RSI) sitting at 52.80 (neutral) after easing from recent readings. 🔗 Source 💡 DMK Insight USD/JPY’s pullback to around 156.10 signals a potential shift in momentum. The recent retracement comes after a brief rally, and with the RSI at 52.80, it suggests the pair is neither overbought nor oversold. Traders should be cautious; a failure to hold above this level could trigger further declines, especially if the RSI dips below 50, indicating weakening bullish momentum. Watch for key support around 155.50, which could act as a pivot point. If it breaks, we might see a deeper correction. On the flip side, if the pair rebounds and reclaims 157.00, it could reignite bullish sentiment, attracting more buyers. Keep an eye on broader market sentiment and any economic data releases that could impact the USD or JPY, as these could drive volatility in the short term. 📮 Takeaway Monitor USD/JPY closely; a drop below 155.50 could signal a deeper correction, while a rebound above 157.00 may attract buyers.