Market Description
-As December approaches, North America and Europe will start their traditional Christmas holidays, and financial markets will fall into a low-volatility rhythm.
-blast TVL exceeds $500 million, showing the market's strong interest in the new L2 narrative. However, blast's recent marketing remarks were slapped in the face by its investor paradigm (but I prefer their strategy of playing the good cop and the bad cop to the market);
-Friend.tech's popularity continues to decline, and the founder's Twitter account cannot be displayed. Please be cautious when participating in the subsequent friend.tech imitations on the market;
Traditional financial markets
The three major U.S. stock indexes rose for four consecutive weeks, with the Nasdaq and S&P recording their longest weekly winning streak in five months. Nvidia fell 2%, dragging down the Nasdaq.
The 10-year US Treasury yield rose to a one-week high for two consecutive days. The 10-year British Treasury yield rose 18 basis points in a week. The US dollar index fell for two consecutive days, approaching its lowest level since the end of August.
Crude oil has fallen for three consecutive weeks since the OPEC+ meeting was postponed, and has fallen for five consecutive weeks. Gold has returned to $2,000, rebounding to a nearly five-week high.
Market Direction
Traditional Target
trend:
The North American Thanksgiving holiday and the upcoming December holiday will lead to shrinking trading volume and narrowing volatility. The daily level is in a consolidation phase, and the trend is unclear.
Opportunity: Short-term: enter the market with long positions around 37,200 and set a stop loss at 36,890.
eth
Similar to BTC trend, enter at 2040 or current price, stop loss at 2020
Since Binance was sanctioned by the US Department of Justice, the impact of CZ's departure as CEO is still unclear, BNB is relatively weak, so temporarily avoid it
Popular targets:
Blast is controversial, blur has a short-term correction trend, short at current price, 0.6 stop loss, 0.34 take profit
Gas hero community public beta has started, the shoe has dropped, there is a need for a short-term correction, it is currently in a sharp drop stage, waiting for a correction before entering the market to short
ssv
Blast once again promotes the concept of Ethereum staking.
Opportunities: After the daily line pullback, you can pay attention to the long opportunities, go long around 22, stop loss at 19.9
The meme that was hyped in the early stage is now receding and is entering a state of consolidation, waiting for the next wave of decline
