The crypto market is entering a familiar seasonal phase. With Christmas holidays in full swing, trading desks are quieter, institutional participation is lower, and retail activity has slowed as traders step away from screens to spend time with family.
As a result, the top 10 cryptocurrencies by market capitalisation are moving sideways, showing minimal changes over the past 24 hours and the last 7 days. Volatility has dropped, volumes are thinner, and price action lacks clear direction — a classic year-end setup.
$Bitcoin is trading around $87,000, showing small gains on the hourly timeframe but remaining slightly negative over the past 24 hours. On a 7-day basis, BTC is still marginally positive, reflecting consolidation rather than trend continuation.
Market participants appear reluctant to take new positions ahead of year-end, keeping Bitcoin locked in a narrow range as liquidity fades.
Bitcoin price going sideways in the past month - TradingView
$Ethereum is hovering near $2,940, posting modest gains over the past week while remaining mostly flat on shorter timeframes. Compared to Bitcoin, ETH is showing relative resilience, but without enough volume to trigger a breakout.
This slow grind reflects cautious positioning rather than renewed bullish momentum.
Despite these pullbacks, there are no signs of panic selling. Instead, both assets are drifting within established ranges amid low holiday volume.
Solana is trading near $123, with small declines over 24 hours and the last week. After weeks of strong volatility earlier in the cycle, SOL is now cooling off, mirroring the broader market’s lack of conviction during the holiday period.
TRON stands out slightly, trading around $0.28 and posting small gains over the past week. Still, the move lacks momentum and remains within a narrow range, consistent with overall market conditions.
Both assets highlight the broader theme: no strong follow-through in either direction as speculative appetite remains muted.
Bitcoin Cash is trading near $567, showing modest weekly gains. However, volumes remain light, and the move lacks the strength needed to suggest a sustained trend.
Several factors are contributing to this holiday slowdown:
This environment typically results in tight ranges, fake breakouts, and choppy intraday moves.
While the current price action may feel uneventful, it often sets the stage for larger moves in early January as liquidity returns and positioning resets. Traders will be watching:
For now, the market remains calm — not bearish, but clearly waiting.


