Crypto News Today (Dec 29, 2025): Bitcoin Rejects $90K Resistance as Solana Holds Steady at $125
Date: December 29, 2025
Category: Market Analysis / Cryptocurrency
As the final days of 2025 slip away, the cryptocurrency market is giving investors a rollercoaster ride to finish the year. Bitcoin (BTC), the market leader, made a bold attempt to break the massive $90,000 psychological barrier today but faced heavy rejection, pulling back to stabilize around $88,000. Meanwhile, Solana (SOL) is painting a different picture, showing stability amidst the volatility.
In this market update, we dive into why Bitcoin couldn't hold the line, what’s happening with altcoins like Solana, and what traders are preparing for as we head into 2026.
Bitcoin Price Analysis: The Battle for $90K
During today's trading session, all eyes were on Bitcoin as it surged to test the critical $90,000 level. For traders, this isn't just a number on a chart; it's a major psychological milestone.
However, the bulls couldn't maintain the momentum. Almost immediately after testing the zone, selling pressure kicked in, forcing the price back down to the $88,000 range.
What Does This Mean?
This price action suggests that while the long-term trend remains positive, there is a significant "sell wall" at higher levels. Bears are defending the $90K line aggressively, especially with the low trading volume typical of the holiday season.
3 Reasons Why Bitcoin Retraced Today
Why did Bitcoin fail to break out? Market analysts point to three main factors driving today's price action:
1. Low Year-End Liquidity
It is late December, and the "Holiday Slump" is real. Many institutional investors, hedge funds, and professional traders have closed their books for the year. With fewer participants in the market (thin order books), even small sell orders can cause larger price drops.
2. Profit-Taking Before 2026
After a strong run in 2025, many retail and institutional investors are choosing to "lock in" their gains before the tax year ends. This natural profit-taking often creates resistance at key price peaks.
3. ETF & Derivative Caution
We are seeing mixed signals from Spot Bitcoin ETFs and the derivatives market. Traders are acting cautiously, unwilling to open massive long positions just days before the new year starts.
Solana (SOL) Price Update: Calm in the Storm
While Bitcoin was volatile, Solana (SOL) displayed remarkable stability, trading around $125.8.
Although SOL is currently trading below its yearly highs, its ability to hold the $125 support level is a positive sign for bulls. As a leading Layer-1 network known for high speed and low fees, Solana remains a favorite for retail traders, even when the broader market is uncertain.
The Altcoin Sentiment:
The wider altcoin market is currently "waiting for Bitcoin." Most alts are showing mixed performance—some slightly up, some slightly down—as they wait for BTC to choose a clear direction.
Key Technical Levels to Watch
If you are trading this week, keep these zones on your radar:
- Bitcoin Support: $87,000 – $88,000 (Must hold to avoid a deeper drop).
- Bitcoin Resistance: $90,000 – $92,000 (The breakout zone).
- Solana Support: $120.00
- Solana Resistance: $135.00
What’s Next? The Outlook for Early 2026
The big question on everyone’s mind is: Will we see a rally in January?
Historically, the first weeks of a new year bring fresh capital into the market ("The January Effect"). Analysts believe that once institutional liquidity returns in the first week of 2026, we could see a more decisive move.
If Bitcoin can reclaim $90,000 in early January, it could trigger a massive rally across the altcoin market. However, until then, expect choppy, range-bound trading.
Frequently Asked Questions (FAQs)
Q: Why did Bitcoin drop today (Dec 29, 2025)?
A: Bitcoin tested the major resistance level of $90,000 but failed to hold it due to low holiday liquidity and year-end profit-taking, settling back around $88,000.
Q: Is it a good time to buy Solana?
A: Solana is trading stably at $125.8. While it shows resilience, the market is currently cautious. It is best to watch if Bitcoin stabilizes before making major moves.
Q: Will crypto go up in 2026?
A: Many analysts are bullish for Q1 2026, expecting fresh institutional inflows. However, the market depends heavily on macroeconomic factors and Bitcoin holding its current support levels.
Final Thoughts
The market action on December 29, 2025, serves as a reminder that patience is key in crypto. Bitcoin's rejection at $90K isn't necessarily a bearish signal—it's a sign of consolidation.
As we countdown to the new year, keep an eye on the $88K support. If it holds, 2026 could start with a bang.
Stay tuned for more daily crypto updates!
- Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile. Please conduct your own research (DYOR) before investing.