Published: 3 December 2025,07:52
Daily Market Analysis New
*Crypto markets stabilized above $3T as BTC reclaimed $90,000 and ETH rebounded over 10% from Monday’s low.
*Today’s ADP employment report becomes a key macro catalyst ahead of the Dec. 10 FOMC, with a soft print potentially boosting expectations for a Fed rate cut.
*Vanguard’s policy shift allowing trading of third-party crypto ETFs and mutual funds marks a major step toward institutional adoption and supports broader market sentiment.
Digital asset markets have stabilized following a volatile start to the week, with total market capitalization recovering above the $3 trillion threshold. Bitcoin has reclaimed the $90,000 level, while Ethereum has rallied more than 10% from its Monday low, indicating a partial recovery from the sell-off triggered by renewed regulatory warnings from Chinese authorities.
Market attention is now pivoting to macroeconomic catalysts, particularly today’s ADP National Employment Report. With the official Nonfarm Payrolls and PCE inflation data delayed, the ADP print takes on heightened significance as one of the final indicators ahead of the December 10 FOMC meeting. A softer-than-expected reading could strengthen the case for a Fed rate cut, potentially providing further support for risk assets, including cryptocurrencies.
In a significant development for institutional adoption, Vanguard Group announced a notable shift in policy yesterday. The world’s second-largest asset manager will now permit trading of select third-party cryptocurrency ETFs and mutual funds on its platform. This move reverses its previous stance of blocking access to crypto-related investments and opens a vast, established client base to regulated digital asset products, marking a meaningful step toward mainstream financial integration and providing a constructive underpinning for market sentiment.
Bitcoin has staged a decisive recovery, erasing all losses incurred during the previous session and now testing a critical technical threshold: the long-term downtrend resistance line that has contained its price action throughout the recent corrective phase. A confirmed breakout above this barrier would represent a significant structural shift, signaling a strong bullish trend reversal and likely triggering substantial follow-through buying interest.
The cryptocurrency’s ability to reclaim lost ground and challenge this key resistance reflects a notable shift in market sentiment and underlying momentum. A successful daily close above the trendline would invalidate the prevailing bearish structure and establish a new technical foundation for further appreciation, with an initial projected target near the $93,500 resistance zone.
Momentum indicators strongly support the potential for a reversal. The Relative Strength Index (RSI) has rebounded sharply from oversold territory and is now approaching overbought levels, indicating a rapid acceleration in buying pressure. Simultaneously, the Moving Average Convergence Divergence (MACD) has generated a bullish golden cross and is forming a pattern of higher lows—a classic configuration that suggests selling momentum has exhausted and a new bullish cycle is initiating.
Resistance level: 101,365.00, 108,850.00
Support level: 85,515.00, 77,330.00
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