TechFlow news, on December 26, Lin Chen, Head of APAC Business at Deribit, posted on X indicating that the current crypto market sentiment has gradually pulled back from consecutive periods of extreme greed into the greedy range, with today's Greed Index at 79. Recent positive news is being progressively absorbed by the market, while overall liquidity remained low on Christmas Day yesterday. Fortunately, the core PCE data released before the holiday showed favorable results, which to some extent stabilized the cooling sentiment. The market is expected to remain in a wide-ranging consolidation pattern in the short term, lasting until early January.
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