五更琉璃

November 6th Cryptocurrency Data Statistics #链上数据

ZEC is the real Bitcoin. From October until now, it has increased more than tenfold. Those who have held onto it have made a fortune #ZEC

Many people have been criticizing MMT these past couple of days. Looking at the K-line, it was a harvest as soon as it went online, with a drop of over 85% from the higher points. If you bought in when it went online the day before yesterday and didn't run, you are basically stuck now. The project party's behavior is too ugly #MMT

BlackRock has recently been selling Bitcoin and Ethereum, the market is weak, users buying spot ETFs cannot hold on, and are all in a panic to sell, so it is said that only with an increase is there faith, during a downturn the market is left with only panic.

In this round of the big bull market, how many people are holding onto altcoins, still waiting for the altcoin season to arrive?

The United States recently confiscated over 100,000 bitcoins, and its total holdings have exceeded 320,000, surpassing China's holdings by more than 130,000. It ranks first among countries holding bitcoins, and as long as it doesn't sell, it will continue to be the biggest winner in bitcoins.

The grayscale woke up and waived the management fee for the SOL spot ETF. If the Bitcoin ETF had done this, it wouldn't have fallen from being the largest asset management for Bitcoin to now being ignored. They played a trump card but messed it up.

Binance currently holds over 213 billion dollars in assets, which is equivalent to half of the world's richest person, Musk. No wonder the Americans have always targeted it; holding such a large amount of assets but not being an American company inevitably makes people envious and jealous.

Kazakhstan is officially considering selling part of its national gold reserves to purchase Bitcoin. Recent market news has been mixed; some have been scared off, while others are actively bottom-fishing. Who is right and who is wrong? Time will tell.

November 5 Cryptocurrency Data Statistics #链上数据

The number of Bitcoin accumulation addresses has just reached an all-time high, with over 375,000 Bitcoins bought in the past 30 days, marking the largest accumulation wave in history. However, the number of Bitcoins sold by whales was even greater, with over 400,000 sold in the past 30 days, far exceeding the amount bought.

Japanese listed company Metaplanet borrowed a loan of 100 million US dollars backed by Bitcoin to purchase more Bitcoin. This is engaging in collateralized lending. Compared to MicroStrategy, Metaplanet's financing capability is still several levels lower.

From a weekly perspective, Bitcoin is experiencing a K-line top divergence adjustment, with two consecutive weeks of large bearish candlesticks. The pullback is about to reach the MA60 support level, which is the last line of defense in the short term. If it falls below 9800, the market will break, and the bull market is likely to end, followed by a deeper decline. Only by holding the MA60 can there be a glimmer of hope for the market to gradually recover lost ground. The market has reached a watershed position, and I hope it can hold #比特币 #BTC .

On the Polymarket prediction platform, currently the most people betting that Bitcoin will drop to 90,000 by the end of this year is 52%, while 23% are betting on a drop to 80,000, and only a small number see it going to 130,000. How much do you see?

The reasons for the recent decline of Bitcoin
1. In the past month, whales have sold over 400,000 Bitcoins
2. Powell's previous statements were hawkish, suggesting that there may not be a rate cut in December
3. The entire stock market has been declining these past few days, with US, European, Japanese, and Korean stocks all falling
4. The Bitcoin spot ETF has fallen for five consecutive days, with a net outflow of over $1.5 billion

November 4th Cryptocurrency Data Statistics #链上数据

Today, BlackRock transferred 2042.8 BTC and 22681 ETH to Coinbase, worth approximately 280 million USD. It seems that users of the spot ETF couldn't hold on and sold off in response to market panic. No wonder Bitcoin and Ethereum have dropped so sharply today.

The market has been falling quite sharply in the last couple of days, and the fear index has reached 21. The market is in extreme panic, are you panicking?

From the weekly perspective of Ethereum, the recent candlestick chart shows a downward fluctuation, forming a door, with a pullback close to the previous low of 3400. However, there is support from the MA30 moving average below, which constitutes a double support level. Therefore, the probability of a direct drop below is relatively low. If it can hold above 3400 in the short term, there will be a rebound, and then it will challenge the resistance level of 4000. I hope it can hold #ETH #以太坊 .

The most impressive sector lately is definitely the anonymous coins, ZEC, ZEN, DASH, DCR, etc., all reaching new highs recently, with daily increases of over 20%. In the past month, they have surged against the trend.

Now let's look at meme coins, such as Binance Life, Binance Car, Binance Community, Customer Service Xiao He, etc., all of which have been fleeting, leaving only a mess behind.