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Dogecoin (#DOGE ) once attracted a lot of attention due to the internet meme craze, but the market environment is not as forgiving now. Momentum has weakened, and there is a lack of fundamental catalysts, leading to a continued soft price trend. Speculative funds are starting to withdraw, and investors are leaning towards cryptocurrencies with actual value.
The good news is that DOGE recently completed a round of liquidity cleanup, breaking the long-term downward trend and clearing weak funds from the market. The price has now stabilized at a key support level, and if this trend continues, DOGE is likely to see a rebound, with the next resistance level gradually becoming apparent. In the short term, the market may welcome a stable correction opportunity, allowing investors to reposition themselves. #巨鲸动向

Japan's number one #加息 , the global market has become tense, but this has nothing to do with the Sino-U.S. conflict, nor is it that Japan's economy suddenly becomes stronger, but because of a key point: the switch of capital flows.

The background is as follows: Japan has had zero interest rates or even negative interest rates for almost 25 years since 1999. The entities that truly enjoy low-cost financing are large institutions and financial capital. They borrow yen, exchange it for dollars, and then buy Bitcoin, gold, and U.S. stocks. As long as assets rise and financing costs are low, this logic continues to amplify, with a total scale of about 40 trillion dollars. #日本加息

Thus, the yen is like a faucet for the global market. When Japan raises interest rates and the yen appreciates, those who borrow yen for arbitrage face rising costs. Their first reaction is to sell assets and exchange yen to repay debts. As a result, you will see Bitcoin, gold, and U.S. stocks falling at the same time—not because these assets suddenly deteriorated, but because capital is being withdrawn simultaneously. #BTC

The reason for the market tension lies in Japan currently facing a dilemma: not raising interest rates results in significant domestic pressure; raising interest rates leads to short-term pain and also affects the global market. The key question is, once that 40 trillion dollars of capital retreats, where will it land?

In summary: Whether Japan raises interest rates or not is determined not by the Japanese economy, but by whether the global financial market can continue to provide liquidity. When liquidity tightens, the assets that rise the fastest and are speculated on the most will be the first to be affected.

Trump has locked in four candidates for the #美联储主席 shortlist and hopes they will support significant interest rate cuts, with nominations expected to be announced in a few weeks; in November, the U.S. #cpi increased by 2.7% year-on-year, indicating a slowdown in inflation, but Federal Reserve officials remain cautious, and the future direction of monetary policy still depends on data performance. #美国宏观经济数据上链

#Tron DAO announced a significant cross-chain integration with Base, allowing TRX to be directly bridged to the Base ecosystem through LayerZero. This means TRON can access more liquidity, DeFi activities, and a new user base, marking its first entry into the native gateway of Coinbase's decentralized ecosystem. Sun Yuchen stated that this is an important step for more seamless collaboration within the blockchain network.

However, the TRX price has remained stable for now, oscillating around $0.28. The 12-hour chart shows resistance at $0.29-$0.305, with momentum being weak. Capital flows are also sluggish, with the CMF indicator at -0.12, indicating that outflows exceed inflows and new buying pressure has yet to catch up.

In other words, the real impact of this integration will depend on actual usage: if Aerodrome liquidity increases, #TRX bridges to Base and drives trading volume, then the price may break through the oscillation range; otherwise, the market's short-term reaction may remain neutral. Currently, traders are generally cautious, waiting for real liquidity data. A break above $0.305 will be the first signal that the TRX market is starting to digest cross-chain expansion.

#SHIB The current status, to put it bluntly, is — still in a downward channel, but the decline isn't as fierce anymore.
On the daily level, it remains below all key moving averages, indicating that the major trend hasn't reversed, and sellers still have the upper hand. However, the good news is that the downward momentum has clearly slowed, prices are no longer in "free fall," fluctuations have started to converge, and the RSI is also hovering at a low level, moving sideways, more like it's building a bottom rather than continuing to crash.
Recently, there was data that shocked many people: a -131,522% imbalance in 15-minute SHIB futures trading volume. Does it sound like the math has collapsed? It's not that exaggerated. This doesn't mean the price has dropped by tens of thousands of percent; rather, it's due to an extremely small base, where funds rapidly shifted from slight inflow to massive outflow in a very short time, leading to the percentage being "amplified."
In simple terms: someone concentrated on closing positions while the market was consolidating. Most likely, leveraged long positions have exhausted their patience and opted to retreat.
Looking at the open contracts also confirms this point — the overall OI is declining, only occasionally peeking up, indicating that leverage hasn't returned and is instead being continuously washed out.
The conclusion is simple:
👉 Short-term speculative funds are withdrawing
👉 The market is not reversing; it's in a "calm period"
👉 If you want to ride the trend, you still need to wait for signals
Currently, SHIB feels more like it's holding its breath rather than taking off. #比特币流动性

The Bank of Japan has just raised interest rates by 75 basis points, the largest increase in over 30 years, immediately impacting the market. Historical data shows that interest rate hikes in Japan often lead to double-digit declines in Bitcoin, with rising leverage costs forcing institutions to liquidate positions, and short-term FUD surging. In the recent round of selling, whales have collectively reduced their holdings by about 24,000 coins #BTC , exceeding $2 billion, and on-chain data also shows that short-term holders with costs close to $101,000 are experiencing losses of about 16%. #巨鲸动向

The fourth quarter has been highly volatile, with long position liquidations far outpacing shorts, and prices are locked around $90,000. Investor sentiment is tense, and the likelihood of Bitcoin falling below $80,000 is gradually increasing, making the market remain cautious in the short term. #加息

The Shiba Inu (#SHIB ) has finally produced a clean green candlestick after a long absence. Although it cannot immediately reverse the long-term downtrend, it at least indicates that the selling pressure is no longer one-sided, and buying interest is beginning to test the downward space. The daily chart shows the price still below key moving averages, with the RSI hovering in the oversold zone, suggesting that momentum is somewhat exhausted. In the short term, SHIB may see a slight rebound to nearby resistance, but it could also face resistance and decline again, with a small probability of stabilizing and forming a bottom. Overall, this green candlestick is more of a brief respite after market weakness rather than a signal of trend reversal, and trading should remain cautious. #美国非农数据超预期

Bitcoin has been a bit "Buddhist" these past few days, with the price basically stabilizing around $87,000. Earlier this week, it remained flat as the market primarily digested a somewhat weak U.S. #cpi data, which also added some room for imagination regarding future interest rate cuts by the Federal Reserve. Currently, #BTC has slightly rebounded to above $87,000, but the sustainability of the rally remains average.

Looking at the weekly chart, Bitcoin may still drop slightly close to 4% this week, resembling a normal consolidation after the big surge at the beginning of the year. This month has seen multiple attempts to break through $90,000, but none have been able to hold, and the pressure at this psychological level is still considerable. Coupled with tighter liquidity at the end of the year, trading volume remains persistently low, making it easy for small funds to push the price back and forth. #比特币流动性

Although inflation data has weakened and interest rate expectations are relatively loose, theoretically this is positive for risk assets, but currently there is a lack of real catalysts that can ignite sentiment. In the short term, Bitcoin is likely to maintain a range-bound oscillation rhythm.
#美国非农数据超预期

Bitcoin has been struggling recently, with prices continuing to decline. The core reason is still the low risk appetite in the market, as funds are clearly more cautious about high-volatility assets like cryptocurrencies. Everyone is waiting for crucial economic data from the United States, preferring to take a wait-and-see approach in the short term. #BTC

The latest U.S. employment data for November is a bit 'twisted': new jobs exceeded expectations, but the unemployment rate has risen to a four-year high, indicating that the labor market is not particularly healthy. Coupled with rising uncertainties in AI and tech stocks, funds are starting to lock in profits, leading to a weakening of global tech stocks, which also dampens sentiment in the crypto market. #非农就业数据

Bitcoin once dropped to a two-week low of $85,288, followed by a slight rebound, but it remains in a weak fluctuation phase. The expectation of an interest rate cut by the Federal Reserve has not noticeably increased, and the probability of a rate cut in January remains low, keeping the market cautious. Next, the focus will shift to the upcoming #cpi inflation data, which may be the key variable that truly impacts the trend.

It is worth mentioning that Bitwise believes Bitcoin is breaking away from the traditional 'four-year cycle.' ETF inflows, expectations for falling interest rates, and structural changes may allow Bitcoin to reach a new all-time high in 2026. Although it is weak in the short term, the long-term narrative has not collapsed. Meanwhile, altcoins generally follow suit, and the market as a whole is still in an adjustment phase.

#xrp This rebound seems a bit powerless, unable to break above $1.95, and the increase was quickly pushed back. The current price is hovering below $1.90, showing a clear weakness in trend. After breaking below $1.90 and $1.88, selling pressure began to increase, and the hourly chart has formed a clear downward trend, with $1.935 becoming a strong short-term resistance.

From a structural perspective, XRP has broken below the support at $1.865, with a low point reaching $1.847, and the price has also lost the key Fibonacci retracement level, indicating that the market is still dominated by bears. Even if there is a rebound, the $1.88–$1.915 area will likely encounter resistance, and only by stabilizing above $1.95 can the market have a chance to push towards $2 #加密市场观察 .

If the rebound fails, $1.85 is the first line of defense. Once it breaks down, there is a possibility of testing $1.83, $1.80, or even $1.72. In the short term, XRP is still in a weak consolidation phase, and it is more suitable to remain patient and wait for clearer direction before taking action. #巨鲸动向