11.15 Quick overview of currency circle data (neutral)
Fear Greed Index: 60 Greed
Ahr999 currency hoarding indicator: 0.69, suitable for fixed investment
BTC liquidation chart: support below $34971, pressure above 37275
Bitcoin mainstream miner shutdown price: $21269 (S19Pro+Hydro)
BTC’s biggest pain point: 36250
ETH’s biggest pain point: 2050
Market prices tend to move closer to the biggest pain points
24-hour long-short ratio: 47.66%/52.54% long shorts
24-hour liquidation: $300 million long orders: short orders = 6.56:1, accounting for about 90%
Total crypto market capitalization: 1.37 trillion
161 days until Bitcoin halving
Strong currencies: DYDX, TIA, CAKE, KAS, RLB
Recent large-amount unlocks: APE (November 17), ROSE (November 19), DYDX (November 21)
key message
Macro aspect (more biased):
CPI is significantly better than expected. U.S. stocks continue to rise and have risen for eight consecutive years. This is a sign of a bull market for U.S. stocks.
The Federal Reserve may cut interest rates for the first time by 25 basis points in June next year (90% probability)
Wednesday (11.15) 21:30 US retail sales monthly rate
Thursday (11.16) 21:30 Number of unemployment benefits
Currency news (neutral):
OKX launches based on X1 network. X1 is based on Polygon
DYDX unlock market breaks out and hits the price increase list
The market value of USDT increased by US$22 billion in the past year, while USDC fell by US$21 billion during the same period
Data: Bitcoin mining revenue reaches $44 million in a single day, setting a record
Bitget acquires OSL and enters Hong Kong with license
Market evaluation: The Asian market opened with general gains, and the U.S. stock market has risen for eight consecutive years. This is something that can only be seen in a bull market. It is expected that there will be an adjustment after a short-term rise. The trends of BTC and U.S. stocks are completely opposite, which means that in a tightening environment, funds in the crypto market are being withdrawn from U.S. stocks, but the adjustment is not expected to last long.