Asian markets traded cautiously on December 31 as Bitcoin, Ethereum and Canton showed mixed momentum amid low year-end liquidity. Bitcoin hovered near key resistance as traders weighed ETF flows and expectations around 2026 monetary policy easing. Ethereum remained range-bound, supported by staking demand but capped by profit-taking. Canton underperformed broader majors, facing weaker volumes and limited catalysts. Analysts expect near-term volatility to stay muted, with clearer directional moves likely once Asian markets reopen fully and macro signals strengthen in early January.