Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In

Source: CryptoNewsNet Original Title: Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In Original Link: Bitcoin is hovering around 90k after a weekend of sharp but short-lived swings that exposed how thin year-end liquidity has become.

In a recent note, QCP writes that perp open interest in both BTC and ETH has dropped by nearly half since October, which means the market’s ability to absorb directional trades is much weaker.

Meanwhile, Polymarket odds show traders have already priced this week’s 25 bp cut and lean toward a January pause, signaling that investors expect a shallow easing path rather than a cycle.