{"id":1971,"date":"2025-12-23T13:03:28","date_gmt":"2025-12-23T18:03:28","guid":{"rendered":"https:\/\/www.decentralnetwork.org\/news\/?p=1971"},"modified":"2025-12-23T13:03:32","modified_gmt":"2025-12-23T18:03:32","slug":"us-gdp","status":"publish","type":"post","link":"https:\/\/www.decentralnetwork.org\/news\/us-gdp\/","title":{"rendered":"Crypto Market Pauses as Traders Await Key US GDP Data"},"content":{"rendered":"\n<figure class=\"gb-block-image gb-block-image-429136ae\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"628\" class=\"gb-image gb-image-429136ae\" src=\"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-23T232836.754.webp\" alt=\"Crypto Market Pauses as Traders Await Key US GDP Data\" title=\"Untitled design - 2025-12-23T232836.754\" srcset=\"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-23T232836.754.webp 1200w, https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-23T232836.754-300x157.webp 300w, https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-23T232836.754-768x402.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The crypto market is treading water as investors wait for the next major macro signal: the upcoming<a href=\"https:\/\/tradingeconomics.com\/united-states\/gdp-growth\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/tradingeconomics.com\/united-states\/gdp-growth\" rel=\"noreferrer noopener\"> US GDP report<\/a>. Bitcoin, Ethereum and most large-cap altcoins are stuck in narrow price ranges, reflecting a market that has largely stepped back from risk after weeks of choppy, macro-driven trading.<\/h2>\n\n\n\n<p>Bitcoin is hovering close to important technical levels, with neither bulls nor bears willing to make an aggressive move. Price action remains compressed between strong support in the mid-$80,000 zone and resistance near the high-$80,000 range. For now, ETF flows and derivatives positioning remain muted, suggesting traders are content to wait for clearer direction before committing fresh capital.<\/p>\n\n\n\n<p>Ethereum tells a similar story, but with an added twist: leverage has been steadily drained from the system. According to data from Alfractal, Ethereum\u2019s open interest has dropped by roughly 50% since August as institutional investors and large players unwind leveraged positions. Analysts describe this as one of the most significant deleveraging phases seen across crypto exchanges this year.<\/p>\n\n\n\n<p>Binance continues to dominate Ethereum derivatives activity, holding $7.64 billion in open interest, or about 31% of the total. Gateio follows with $3.72 billion (15%), while HTX accounts for $3.12 billion, or 12.65%. Bybit and HyperLiquid are close behind, holding $2.53 billion and $2.51 billion respectively. Importantly, the decline in open interest is spread across multiple platforms, pointing to a broad reduction in leverage rather than an issue isolated to any single exchange.<\/p>\n\n\n\n<p>This pullback in leverage has cooled short-term volatility, creating a more defensive market environment. Historically, sharp drops in open interest tend to suppress sudden price swings in the near term. However, they can also set the stage for a larger move once a clear trend finally emerges.<\/p>\n\n\n\n<p>Ethereum prices have slipped nearly 4% over the past seven days, even as the asset remains locked in a tight trading range. On the technical side, daily charts show narrowing Bollinger Bands following an earlier expansion phase. Analysts often view this pattern as a sign that volatility has compressed and may eventually return with force.<\/p>\n\n\n\n<p>On-chain data supports the idea of reduced selling pressure. CryptoQuant contributor CryptoOnchain noted that Binance taker sell volume has fallen to its lowest level since May. The 30-day average now sits near $6.3 billion, suggesting traders feel less urgency to offload positions.<\/p>\n\n\n\n<p>Altcoins are also trading quietly under extreme-fear sentiment. Liquidity remains thin, liquidations are modest, and conviction is low across the board. With leverage largely flushed out, the upcoming US GDP release could act as the catalyst that either revives volatility or extends the market\u2019s current calm.<\/p>\n\n\n\n<p>For now, crypto remains in wait-and-watch mode. The next decisive move may depend less on charts and more on what the broader economy signals next.<\/p>\n\n\n\n<p>Also Read:<a href=\"https:\/\/www.decentralnetwork.org\/news\/web3-2\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.decentralnetwork.org\/news\/web3-2\/\" rel=\"noreferrer noopener\">\u00a0Web2 Took Our Data, Web3 Put It on Display \u2014 What Comes Next?<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market is treading water as investors wait for the next major macro signal: the upcoming US GDP report. &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Crypto Market Pauses as Traders Await Key US GDP Data\" class=\"read-more button\" href=\"https:\/\/www.decentralnetwork.org\/news\/us-gdp\/#more-1971\" aria-label=\"Read more about Crypto Market Pauses as Traders Await Key US GDP Data\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1972,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[2459,2452,2453,793,2458,2451,1352,2455,2456,2454,2450,2457],"class_list":["post-1971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-altcoins-trading-under-fear-sentiment","tag-bitcoin-price-outlook-before-us-gdp","tag-bitcoin-range-bound-market-analysis","tag-bitcoin-support-and-resistance-levels","tag-crypto-leverage-reduction-impact","tag-crypto-market-today-analysis","tag-crypto-market-volatility-forecast","tag-crypto-market-waiting-for-us-gdp-data","tag-ethereum-derivatives-open-interest-drop","tag-ethereum-low-volatility-phase","tag-ethereum-open-interest-decline-explained","tag-us-gdp-impact-on-crypto-prices","resize-featured-image"],"jetpack_featured_media_url":"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-23T232836.754.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/comments?post=1971"}],"version-history":[{"count":1,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1971\/revisions"}],"predecessor-version":[{"id":1973,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1971\/revisions\/1973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media\/1972"}],"wp:attachment":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media?parent=1971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/categories?post=1971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/tags?post=1971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- This website is optimized by Airlift. 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