Cryptocurrency Market Analysis: Technical Interpretation of BTC, SOL, and BNB (December 8, 2025)

Market Overview

This analysis focuses on the technical performance and trading opportunities of three major crypto assets.

Important Events in the Past 24 Hours

1. Bittensor to Undergo First Halving on December 14

TAO issuance will be reduced from 7,200 → 3,600 TAO/day. This marks the AI network’s maturity stage, adopting a Bitcoin-like fixed supply model.

Impact: Bullish for $TAO as new supply decreases.

2. WisdomTree Launches Tokenized Equity Income Fund (EPXC)

WisdomTree officially releases an on-chain tokenized equity income fund, introducing a covered call (bearish option) strategy.

Impact: Increases institutional adoption of tokenized assets.

Related Theme: RWA (Real World Assets) narrative.

3. ETFs and Public Companies Now Hold More Bitcoin Than Exchanges

According to River, the total BTC held by ETFs and public companies now exceeds the supply on exchanges.

Impact: Bullish sentiment, reduced BTC supply on exchanges, less selling pressure.

4. Ethereum Exchange Balances at 10-Year Low

Glassnode reports ETH exchange balances have hit a 10-year low.

Impact: Bullish signal, reflects accumulation trend and diminished sell pressure.

5. Bitcoin Miner Costs Hit All-Time High

CoinShares data shows average Bitcoin production costs in Q2 2025 reached $74.6K (cash) and $137.8K (all-in).

Impact: If BTC price nears production cost, miner selling pressure may be reduced.

Technical Analysis

BTC/USDT (🔼 +4.05%)

• Entry Price: $89,914.44
• Stop Loss: $87,874.99
• Take Profit: $93,602.81

BTC is currently moving within a bearish flag and has rebounded from a dynamic support level, indicating renewed buyer interest. As long as the price stays above the $90,200-$89,900 entry zone, there is still short-term upside potential to $93,600.

RSI has rebounded from oversold, showing momentum is starting to recover; MACD shows signs of a potential bullish crossover, which usually triggers further upside. As long as price does not fall below the $87,800 invalidation level, the uptrend remains dominant.

SOL/USDT (🔼 +6.10%)

• Entry Price: $128.97
• Stop Loss: $124.78
• Take Profit: $136.84

SOL is currently in a healthy consolidation phase after a pullback, with the $128-$129 area providing strong support. Price action shows a potential “strong rebound” toward the $136-$137 resistance zone. RSI has bounced from the midpoint, signaling momentum recovery. If the price holds above the entry area and does not fall below the key $124.7 support, there is ample opportunity to reach the $136.8 target.

BNB/USDT (🔼 +5.90%)

• Entry Price: $885.21
• Stop Loss: $861.51
• Take Profit: $937.48

BNB is in a healthy consolidation zone, having just rebounded from the $885-$861 support area, indicating buyers still have short-term control. As long as the price stays above the $885 entry point, and with the price structure forming higher lows, the opportunity to move up to the main $937 resistance remains open.

RSI is rising from the neutral zone, indicating momentum is starting to recover; MACD shows a potential bullish crossover, supporting a continued upside scenario.

Disclaimer: Crypto asset investment carries high risk. All investment decisions based on this analysis, research, and information are made at your own risk. No government agency or financial authority assumes responsibility for such investment risks. This content is for informational purposes only and does not constitute buy or sell advice.