The year-end crypto market is once again full of surprises. The LED light ball in Times Square, prepared for the 2026 countdown, was discovered by netizens to use exactly 589 LED bulbs—this instantly caused a stir in the XRP community. After all, the prophecy that "XRP will rise to $589" has been circulating in the crypto world for a long time. Is it a coincidence or a narrative boost? Opinions vary.
Looking back at 2025, the entire crypto market is like this story—narratives are always hot, but reality is often harsh. Bitcoin surged to approximately $126,000 to hit a new high, then in mid-October, it experienced a sharp decline. Many altcoins fell more than 80% from their peaks. Currently, BTC is hovering around the middle Bollinger band on the monthly chart, a crucial position—it will determine whether it surges toward $125,000 or seeks support.
The days are not easy for several popular assets. Although the XRP community still remembers the legend of "589," the current price is still searching for direction. After SHIB closed lower in December, some analysts started to hype a seasonal rebound in January, with a new target of breaking $0.00001203, but resistance is still ahead. On the BTC side, institutions once boldly claimed that in 2025 it could reach $200,000 or even $250,000, but macro shocks caught them off guard.
So what about 2026? The market structure is changing, and institutional funding is gaining more influence. But volatility and black swan events have never left. The Times Square light ball may be a romantic imagination of the community; the real script is still written by supply and demand, policies, and surprises.