☕ Morning Market Mover: Boxing Day Lull (Dec 26, 2025)

Report Time: 09:20 CET (European Markets Closed)

The «Santa Rally» has largely played out in the crypto space over the last 48 hours. Traditional finance is still waking up from the Christmas break. With London and Frankfurt closed, do not expect significant movements in EUR/USD until the American session begins (15:30 CET).

1. 📸 Market Snapshot: Bitcoin Breaks Out

While fiat markets slept, Bitcoin pushed through key resistance levels.

Asset	Price Now (Live)	Status	Analysis
EUR/USD	1.1822	+0.06%	Thin Trade. Drifting slightly higher on very low volume. The 1.1800 breakout is holding firmly. Resistance remains at 1.1830.
Gold (Spot)	$4,371.50	+0.08%	Quiet. Electronic trading is open, but physical desks are closed. Price is stable near all-time highs.
Bitcoin (BTC)	$96,150.00	+1.35%	The Mover. BTC smashed the $95k barrier on Christmas Day. It is currently in «price discovery» mode, eyeing $97k. Retail FOMO is driving this move.
DAX / IBEX	CLOSED	—	Boxing Day Holiday. No cash trading in Europe today.

2. 📉 The Day Ahead: US Session Focus

Since Europe is offline, all eyes turn to New York later today.

• 15:30 CET (US Open): Wall Street IS OPEN today.
• The Dynamic: US traders returning to their desks might look at the crypto rally and the weak Dollar and decide to chase the momentum into the weekend.
• Risk: Low liquidity can still lead to «air pockets» (sudden price jumps) if a large order hits the market.

3. 🎯 Strategy for Boxing Day

• Crypto (BTC): The trend is aggressively bullish. The breakout above $95k is significant. Watch for a retest of $95,500 as support. If it holds, the path to $100k is open for the New Year.
• Forex: Ideally, avoid trading EUR/USD until Monday. The spreads are wide, and the moves are likely just noise.
• Gold: If the US Dollar weakens further at the US Open, Gold could pop to $4,380, but volume will be lacking.

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