拾壹BTC
对数字货币充满好奇与热情，专注于在币安平台挖掘价值。善于分析行情，把控风险，不断追求认知提升。期待与各位币友交流合作，一同在币圈的风起云涌中探索前行，书写属于我们的精彩篇章。
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Oscillating December: Prelude to the Dawn of the Crypto Market
$BTC
The road to new highs is slowing down
Although it continues to hit new highs, the upward momentum has weakened, like a spent force, and we need to be vigilant about the risk of callbacks.
$ETH
With altcoins: aftermath of liquidation, consolidation is waiting
After the big liquidation, it entered a deep consolidation, and the probability of a second bottoming out increased greatly. Strong currencies may stabilize above the previous low, and weak currencies may fall below the previous low. By then, a needle-shaped trend may appear, and the opportunity to buy low should not be missed.
Altcoin Outlook: The cold winter is coming to an end, and spring can be expected
The oscillation and consolidation in December are like the darkness before dawn. By the first quarter of next year, the market is expected to recover comprehensively, and altcoins may usher in a flourishing scene.
$BTC
The road to new highs is slowing down
Although it continues to hit new highs, the upward momentum has weakened, like a spent force, and we need to be vigilant about the risk of callbacks.
$ETH
With altcoins: aftermath of liquidation, consolidation is waiting
After the big liquidation, it entered a deep consolidation, and the probability of a second bottoming out increased greatly. Strong currencies may stabilize above the previous low, and weak currencies may fall below the previous low. By then, a needle-shaped trend may appear, and the opportunity to buy low should not be missed.
Altcoin Outlook: The cold winter is coming to an end, and spring can be expected
The oscillation and consolidation in December are like the darkness before dawn. By the first quarter of next year, the market is expected to recover comprehensively, and altcoins may usher in a flourishing scene.
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$BTC has shifted from a downward trend to an upward trend, with strong bullish momentum,
is forming an ascending triangle,
the market is in a phase of oscillating upward movement. If the price breaks through the upper boundary of the triangle and holds above the resistance zone, it may continue to rise.
is forming an ascending triangle,
the market is in a phase of oscillating upward movement. If the price breaks through the upper boundary of the triangle and holds above the resistance zone, it may continue to rise.
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Will Altcoin Season Arrive as Expected?
Bitcoin, as the leading cryptocurrency, holds significant historical importance. However, as Bitcoin celebrates its achievements, many altcoins have begun to outperform Bitcoin, signaling the arrival of altcoin season.
Since the beginning of the year, 20 out of the top 50 cryptocurrencies by market capitalization have outperformed Bitcoin’s gain of up to 124%. The increase in altcoin market capitalization, growing media attention, and the rise of the altcoin season index further confirm this trend. Moreover, CCData's report indicates that trading volumes in November reached an annual high, and open interest hit record levels, suggesting an increase in market risk appetite, which is more favorable for altcoins with a higher potential for returns.
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$BTC
The current price is within an upward channel and is approaching an important resistance area. The short-term trend is bullish.
If the price pulls back to around $98,000 and holds above $97,600, consider entering a long position. Stop-loss level: set at $97,300; if it falls below, it indicates that the trend may change. Target level: look towards $99,800 or $100,400.
If the price strongly breaks through the resistance at $100,400 with significant trading volume, consider going long after a pullback in the range of $100,400-$100,600 without breaking. Target level: aim for $102,000; if it rises strongly, consider taking profits in batches.
The current price is within an upward channel and is approaching an important resistance area. The short-term trend is bullish.
If the price pulls back to around $98,000 and holds above $97,600, consider entering a long position. Stop-loss level: set at $97,300; if it falls below, it indicates that the trend may change. Target level: look towards $99,800 or $100,400.
If the price strongly breaks through the resistance at $100,400 with significant trading volume, consider going long after a pullback in the range of $100,400-$100,600 without breaking. Target level: aim for $102,000; if it rises strongly, consider taking profits in batches.
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$BTC
The price of Bitcoin has support around $97,000, with significant resistance between $98,300 and $98,974 above. Overall, both bulls and bears are in a tug-of-war.
If $97,000 holds, there may be a short-term rebound, with the first target at $98,300. If the price cannot break through the $98,300 area, it may continue to pull back, potentially testing $96,500 or even lower.
If you feel the price is stable at the support level, you might try a small long position, but remember to set a stop loss before it breaks below $96,500. If the price approaches $98,300 and cannot go higher, consider opening a short position, targeting $97,000.
Contract reminder: The risk of contracts is very high, especially with high leverage trading. Remember to strictly take profits and stop losses! In the face of opportunities, controlling your hands is more important than chasing prices blindly or panic selling.
Manage your position well and seek victory steadily!
The price of Bitcoin has support around $97,000, with significant resistance between $98,300 and $98,974 above. Overall, both bulls and bears are in a tug-of-war.
If $97,000 holds, there may be a short-term rebound, with the first target at $98,300. If the price cannot break through the $98,300 area, it may continue to pull back, potentially testing $96,500 or even lower.
If you feel the price is stable at the support level, you might try a small long position, but remember to set a stop loss before it breaks below $96,500. If the price approaches $98,300 and cannot go higher, consider opening a short position, targeting $97,000.
Contract reminder: The risk of contracts is very high, especially with high leverage trading. Remember to strictly take profits and stop losses! In the face of opportunities, controlling your hands is more important than chasing prices blindly or panic selling.
Manage your position well and seek victory steadily!
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$PEPE
The price is approaching the resistance area of $0.026-$0.027 and is accompanied by signs of bullish probing. If it breaks through $0.027 and stabilizes, it may open up further upward movement; if it fails to break through, it may retrace to the lower support level of $0.0255-$0.026.
Long position opportunity: If the price effectively breaks through $0.027, consider a long position with a target of $0.0275 and a stop loss set below $0.0268. Short position opportunity: If the price fails to break through and forms resistance in the $0.0268 area, consider a short position with a target of $0.0258 and a stop loss set above $0.0272.
This is a personal opinion for reference only.
The price is approaching the resistance area of $0.026-$0.027 and is accompanied by signs of bullish probing. If it breaks through $0.027 and stabilizes, it may open up further upward movement; if it fails to break through, it may retrace to the lower support level of $0.0255-$0.026.
Long position opportunity: If the price effectively breaks through $0.027, consider a long position with a target of $0.0275 and a stop loss set below $0.0268. Short position opportunity: If the price fails to break through and forms resistance in the $0.0268 area, consider a short position with a target of $0.0258 and a stop loss set above $0.0272.
This is a personal opinion for reference only.
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Contract trading is different from spot trading; it tests your judgment and execution skills more! Greater volatility means more opportunities, but it also makes it easier to amplify risks. Buying high and selling low is a core strategy, such as focusing on support levels to go long and resistance levels to go short, while also analyzing candlestick patterns, moving averages, and indicators to judge trends. Setting stop-loss and take-profit is essential; never forget to strictly define your risk range. Remember: emotional trading is a big taboo; calm analysis and steady progress are the keys to profit!
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MicroStrategy Founder: The U.S. Should Sell Gold to Buy BTC and Control the World's Reserve Status
According to Mars Finance, MicroStrategy founder and chairman Michael Saylor participated in strategic discussions about Bitcoin reserves and shared key reasons why the U.S. should abandon gold and embrace digital currency in a recent interview. In a 1-minute video, Saylor stated that $BTC
could help the U.S. government control the world's reserve status and capital network, recommending that the U.S. government purchase at least 20% - 25% of circulating Bitcoin. Saylor suggested that the U.S. could sell its reserve gold to buy Bitcoin, and if this is achieved, it would make the U.S. the world's reserve capital network. He believes that this move would cause the value of gold to plummet, prompting other economies to sell assets to buy Bitcoin. Once gold is 'demonized', capital will flow back to the U.S., at which point the reserve value of Bitcoin is expected to soar to about $1 trillion. #Bitcoin #US Economic Strategy #Gold and Bitcoin
According to Mars Finance, MicroStrategy founder and chairman Michael Saylor participated in strategic discussions about Bitcoin reserves and shared key reasons why the U.S. should abandon gold and embrace digital currency in a recent interview. In a 1-minute video, Saylor stated that $BTC
could help the U.S. government control the world's reserve status and capital network, recommending that the U.S. government purchase at least 20% - 25% of circulating Bitcoin. Saylor suggested that the U.S. could sell its reserve gold to buy Bitcoin, and if this is achieved, it would make the U.S. the world's reserve capital network. He believes that this move would cause the value of gold to plummet, prompting other economies to sell assets to buy Bitcoin. Once gold is 'demonized', capital will flow back to the U.S., at which point the reserve value of Bitcoin is expected to soar to about $1 trillion. #Bitcoin #US Economic Strategy #Gold and Bitcoin
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$ETH
Based on current on-chain data analysis, Ethereum's in-the-money/out-of-the-money situation and demand/resistance areas indicate possible future price trends:
High percentage of in-the-money holders: Approximately 89% of ETH holders are 'in-the-money' at a price of about $3,990, indicating that most holders are currently in a profitable position. This reflects a relatively healthy market foundation and strong holding confidence.
Strong demand area: In the demand zone of $3,535.55 to $3,588.88, 1.3 million addresses have purchased over 11.6 million ETH. This support area indicates strong buying demand below, which could become an important foundation for further increases in Ethereum's price.
Limited resistance space for upward movement: In the resistance area of $4,540 to $4,579, there are fewer than 61,000 addresses holding about 600,936 ETH. This is significantly smaller compared to the demand area, indicating limited selling pressure near this price.
Ethereum's current trading price is above the 50-day ($3,029) and 200-day ($2,927) simple moving averages (SMA), indicating a bullish long-term trend. However, short-term attention should be paid to the signals from market momentum indicators.
Based on current on-chain data analysis, Ethereum's in-the-money/out-of-the-money situation and demand/resistance areas indicate possible future price trends:
High percentage of in-the-money holders: Approximately 89% of ETH holders are 'in-the-money' at a price of about $3,990, indicating that most holders are currently in a profitable position. This reflects a relatively healthy market foundation and strong holding confidence.
Strong demand area: In the demand zone of $3,535.55 to $3,588.88, 1.3 million addresses have purchased over 11.6 million ETH. This support area indicates strong buying demand below, which could become an important foundation for further increases in Ethereum's price.
Limited resistance space for upward movement: In the resistance area of $4,540 to $4,579, there are fewer than 61,000 addresses holding about 600,936 ETH. This is significantly smaller compared to the demand area, indicating limited selling pressure near this price.
Ethereum's current trading price is above the 50-day ($3,029) and 200-day ($2,927) simple moving averages (SMA), indicating a bullish long-term trend. However, short-term attention should be paid to the signals from market momentum indicators.
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$DOGE
Short-term trend looks bullish, price has successfully broken through the key resistance at 0.453, the next target to focus on is the 0.470-0.480 area. Bulls can wait for a pullback to the 0.453-0.449 range to position, with a stop loss below 0.445, targeting above 0.470.
Personal opinion, for reference only.
Maintain a calm mindset, don't panic.
Short-term trend looks bullish, price has successfully broken through the key resistance at 0.453, the next target to focus on is the 0.470-0.480 area. Bulls can wait for a pullback to the 0.453-0.449 range to position, with a stop loss below 0.445, targeting above 0.470.
Personal opinion, for reference only.
Maintain a calm mindset, don't panic.
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The U.S. Securities and Exchange Commission (SEC) is about to reject the applications for spot Solana exchange-traded funds (ETFs) submitted by several asset management companies. According to Fox News reporter Eleanor Terrett, the SEC has made it clear that under the current government leadership, it will not consider approving any new cryptocurrency ETFs. Will the market be affected?
As a directly related cryptocurrency asset, Solana (SOL) may face selling pressure, as investors may reduce their demand for SOL due to a loss of market confidence.
The SEC's stance on rejecting cryptocurrency ETFs could further impact investors' confidence in the regulatory environment of the U.S. market, exacerbating uncertainty about the future development of the cryptocurrency market, which may lead to volatility in the prices of other cryptocurrencies in the short term.
If the U.S. continues to take a conservative stance on crypto ETFs, other countries or regions may seize the opportunity to offer a more relaxed regulatory environment, attracting cryptocurrency projects and investors to shift to overseas markets.
Although this rejection may dampen short-term sentiment, as the leadership of the U.S. government may change next year, and with the new chairman Paul Atkins having a relatively friendly attitude towards cryptocurrency policies, expectations for the approval of future ETFs still exist.
$SOL
As a directly related cryptocurrency asset, Solana (SOL) may face selling pressure, as investors may reduce their demand for SOL due to a loss of market confidence.
The SEC's stance on rejecting cryptocurrency ETFs could further impact investors' confidence in the regulatory environment of the U.S. market, exacerbating uncertainty about the future development of the cryptocurrency market, which may lead to volatility in the prices of other cryptocurrencies in the short term.
If the U.S. continues to take a conservative stance on crypto ETFs, other countries or regions may seize the opportunity to offer a more relaxed regulatory environment, attracting cryptocurrency projects and investors to shift to overseas markets.
Although this rejection may dampen short-term sentiment, as the leadership of the U.S. government may change next year, and with the new chairman Paul Atkins having a relatively friendly attitude towards cryptocurrency policies, expectations for the approval of future ETFs still exist.
$SOL
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$ETH
ETH is currently showing strong momentum, with the price breaking through the previous key level of $3,778 and maintaining an upward trend. Next, focus on two points: if the price can successfully break through $4,100, it may continue to rise, targeting $4,200 or even higher; but if the price falls back, around $3,780 is a good support level, which could be considered for entering at a lower price.
In terms of risk, the market is quite volatile, so it is recommended to operate with light positions to avoid losses from high leverage. If you want to be more cautious, it might be better to wait for a pullback to $3,780 before considering entry, with a stop-loss set below $3,700, while still aiming for above $4,100.
In summary, the current trend looks bullish, but don't chase the highs too aggressively; waiting for a pullback to make a decision is safer!
ETH is currently showing strong momentum, with the price breaking through the previous key level of $3,778 and maintaining an upward trend. Next, focus on two points: if the price can successfully break through $4,100, it may continue to rise, targeting $4,200 or even higher; but if the price falls back, around $3,780 is a good support level, which could be considered for entering at a lower price.
In terms of risk, the market is quite volatile, so it is recommended to operate with light positions to avoid losses from high leverage. If you want to be more cautious, it might be better to wait for a pullback to $3,780 before considering entry, with a stop-loss set below $3,700, while still aiming for above $4,100.
In summary, the current trend looks bullish, but don't chase the highs too aggressively; waiting for a pullback to make a decision is safer!
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Currently, 27945237293
66611065567
XRP has a good momentum, and the price has risen to $2.3580, very close to the key resistance level of $2.4500 above. If it can break through this level, it may subsequently challenge $2.5000 or even higher levels. However, if there is a pullback, $2.3000 is a relatively important support level, and as long as it holds, there shouldn't be a big issue.
Operational advice:
For those looking to buy on dips: If the price falls back to around $2.3100-$2.3200, consider buying a small position, with a stop-loss at $2.2800, targeting a return to $2.4000-$2.4500.
For those looking to chase highs: If the price successfully breaks through $2.4500 and stabilizes, you can follow the trend to go long, targeting above $2.5000. It is recommended to set a stop-loss around $2.4300 to prevent false breakouts.
The short-term upward momentum is strong, the key is whether it can break through $2.4500. Be patient and wait for opportunities, and proceed steadily!
66611065567
XRP has a good momentum, and the price has risen to $2.3580, very close to the key resistance level of $2.4500 above. If it can break through this level, it may subsequently challenge $2.5000 or even higher levels. However, if there is a pullback, $2.3000 is a relatively important support level, and as long as it holds, there shouldn't be a big issue.
Operational advice:
For those looking to buy on dips: If the price falls back to around $2.3100-$2.3200, consider buying a small position, with a stop-loss at $2.2800, targeting a return to $2.4000-$2.4500.
For those looking to chase highs: If the price successfully breaks through $2.4500 and stabilizes, you can follow the trend to go long, targeting above $2.5000. It is recommended to set a stop-loss around $2.4300 to prevent false breakouts.
The short-term upward momentum is strong, the key is whether it can break through $2.4500. Be patient and wait for opportunities, and proceed steadily!
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Altcoin Season: Has it Arrived or is it Just a False Alarm?
Recently, old coins have surged dramatically, with funds continuously flowing out of BTC. Various signs seem to indicate that the altcoin season has quietly begun. I feel that during the last and the one before that, the 'old altcoins' had little chance of outperforming BTC, but 'new altcoins' (such as meme coins, AI Agents, etc.) have great potential, and their wave is already showing early signs.
So, what is the exact signal that the altcoin season has arrived? I believe trading volume is key. When the TOP 20 mainstream CEX spot/futures trading volumes are occupied by new altcoins, and the trading volume rises rapidly, that will be a clear trumpet call for the next wave of market movement. Currently, we have actually stepped into the altcoin season, but this time it is quite different from the past. In this cycle, from 2021 to 2023, VC investment scale has grown exponentially, not without irrational factors. Excessive investment, low financing valuations, and the demand for fund exits have left the chip structure precarious, ultimately affecting the secondary market. Therefore, this altcoin season is more favorable for tokens with fair issuance or for older tokens with extremely high circulation.
From the perspective of community activity, when BTC rose from 50,000 to 60,000, the trading groups were quite quiet, as each time BTC reached a new high, it would siphon off funds from altcoins. Now, however, old altcoins like DOGE, XRP, and HBAR have surged several times, and the crypto community is filled with reports of huge gains, indicating that many people have hoarded a lot of altcoins, while the proportion of retail investors holding BTC is not high. In terms of data, altcoin market fees remain high, and on-chain data shows that the frequency and quantity of market maker addresses depositing and withdrawing altcoins from exchanges have significantly increased, all of which supports the arrival of the altcoin season.
However, we also cannot be blindly optimistic. On one hand, a large number of tokens from early financing projects will gradually unlock over the next two years. If there are no new users to take over, prices may struggle to be sustained. On the other hand, current market innovations are concentrated in the PayFi and stablecoin sectors, lacking application scenarios that can shock the entire market like DeFi Summer did; the scarcity of new narratives limits investors' imagination. Furthermore, institutional funds are mostly directed towards compliant products like ETFs, showing little interest in altcoins. In the absence of incremental funds to drive the market, the altcoin season may find it difficult to recreate its former glory.
Recently, old coins have surged dramatically, with funds continuously flowing out of BTC. Various signs seem to indicate that the altcoin season has quietly begun. I feel that during the last and the one before that, the 'old altcoins' had little chance of outperforming BTC, but 'new altcoins' (such as meme coins, AI Agents, etc.) have great potential, and their wave is already showing early signs.
So, what is the exact signal that the altcoin season has arrived? I believe trading volume is key. When the TOP 20 mainstream CEX spot/futures trading volumes are occupied by new altcoins, and the trading volume rises rapidly, that will be a clear trumpet call for the next wave of market movement. Currently, we have actually stepped into the altcoin season, but this time it is quite different from the past. In this cycle, from 2021 to 2023, VC investment scale has grown exponentially, not without irrational factors. Excessive investment, low financing valuations, and the demand for fund exits have left the chip structure precarious, ultimately affecting the secondary market. Therefore, this altcoin season is more favorable for tokens with fair issuance or for older tokens with extremely high circulation.
From the perspective of community activity, when BTC rose from 50,000 to 60,000, the trading groups were quite quiet, as each time BTC reached a new high, it would siphon off funds from altcoins. Now, however, old altcoins like DOGE, XRP, and HBAR have surged several times, and the crypto community is filled with reports of huge gains, indicating that many people have hoarded a lot of altcoins, while the proportion of retail investors holding BTC is not high. In terms of data, altcoin market fees remain high, and on-chain data shows that the frequency and quantity of market maker addresses depositing and withdrawing altcoins from exchanges have significantly increased, all of which supports the arrival of the altcoin season.
However, we also cannot be blindly optimistic. On one hand, a large number of tokens from early financing projects will gradually unlock over the next two years. If there are no new users to take over, prices may struggle to be sustained. On the other hand, current market innovations are concentrated in the PayFi and stablecoin sectors, lacking application scenarios that can shock the entire market like DeFi Summer did; the scarcity of new narratives limits investors' imagination. Furthermore, institutional funds are mostly directed towards compliant products like ETFs, showing little interest in altcoins. In the absence of incremental funds to drive the market, the altcoin season may find it difficult to recreate its former glory.
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$ETH
$BTC
Record Inflows into US Ethereum Spot ETF, Prices Continue to Rise
According to statistics from SoSoValue, the US Ethereum spot exchange-traded fund (ETF) saw a net inflow of $428 million on Thursday, setting a new record for the highest net inflow in a single day. Furthermore, these Ethereum ETFs have shown a net inflow trend for nine consecutive trading days.
Data on daily fund flows for US Ethereum spot ETFs indicate that the ETF with the highest net inflow yesterday was the ETHA fund issued by BlackRock, with a net inflow of approximately $292 million, followed by Fidelity's FETH with a net inflow of about $113 million. Meanwhile, Grayscale's ETHE fund was the only product to experience a net outflow, with an outflow amounting to approximately $15.12 million.
Amidst the continuous inflow of funds into Ethereum ETFs, the price of Ethereum (ETH) has also risen from around $3,300 to nearly $4,000, with a 9.5% increase over the past seven days. As of the time of writing, the trading price of Ethereum is $3,900.
On the other hand, the US Bitcoin spot ETF also performed strongly on Thursday, recording a net inflow of $766 million and maintaining a net inflow for six consecutive trading days.
$BTC
Record Inflows into US Ethereum Spot ETF, Prices Continue to Rise
According to statistics from SoSoValue, the US Ethereum spot exchange-traded fund (ETF) saw a net inflow of $428 million on Thursday, setting a new record for the highest net inflow in a single day. Furthermore, these Ethereum ETFs have shown a net inflow trend for nine consecutive trading days.
Data on daily fund flows for US Ethereum spot ETFs indicate that the ETF with the highest net inflow yesterday was the ETHA fund issued by BlackRock, with a net inflow of approximately $292 million, followed by Fidelity's FETH with a net inflow of about $113 million. Meanwhile, Grayscale's ETHE fund was the only product to experience a net outflow, with an outflow amounting to approximately $15.12 million.
Amidst the continuous inflow of funds into Ethereum ETFs, the price of Ethereum (ETH) has also risen from around $3,300 to nearly $4,000, with a 9.5% increase over the past seven days. As of the time of writing, the trading price of Ethereum is $3,900.
On the other hand, the US Bitcoin spot ETF also performed strongly on Thursday, recording a net inflow of $766 million and maintaining a net inflow for six consecutive trading days.
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Essential for short-term cryptocurrency trading: Five golden rules to help you bid farewell to emotional operations!
Short-term cryptocurrency trading is an art that emphasizes discipline and execution. Here are five crucial rules and their logical explanations to help you improve your trading success rate:
1. Strictly control risks, set stop-loss and take-profit.
Principle: In short-term trading, defense is more important than offense.
The core function of stop-loss and take-profit:
Stop-loss: Limit losses, protect capital. Generally set at 2%-5% of the invested amount.
Take-profit: Lock in profits, prevent drawdowns from market reversals. Usually set in the 10%-15% profit range.
Operational techniques:
Set stop-loss and take-profit points based on key support and resistance levels or volatility ranges.
1. Strictly control risks, set stop-loss and take-profit.
Principle: In short-term trading, defense is more important than offense.
The core function of stop-loss and take-profit:
Stop-loss: Limit losses, protect capital. Generally set at 2%-5% of the invested amount.
Take-profit: Lock in profits, prevent drawdowns from market reversals. Usually set in the 10%-15% profit range.
Operational techniques:
Set stop-loss and take-profit points based on key support and resistance levels or volatility ranges.
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$BTC
The current rise of Bitcoin has initiated a new wave of market enthusiasm, which is very favorable.
The current rise of Bitcoin has initiated a new wave of market enthusiasm, which is very favorable.
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What major events unfolded in the crypto market today?
$ETH
Auntie is strong again today! The price broke through $3,800, with a 24-hour increase of 7.07%, and the retail investors are once again feeling proud. Friends holding positions, are you happy today?
El Salvador has come up with something new, raising $30 million through tokenizing U.S. Treasury bonds! The USTBL token is directly linked to Treasury bonds, this move is both stable and exciting, it feels just right!
Mining company Hut 8 announced a $500 million ATM plan today, and also added a $250 million stock buyback! It seems that the big players in the mining sector truly love this winter, clearly arranging strategic Bitcoin reserves!
Recently, Meme coins have been continuously popular, with $AVAX
directly breaking through $55, with a 24-hour surge of 12.39%. High risk, high reward, friends in the crypto world, what do you think of this surge?
$ETH
Auntie is strong again today! The price broke through $3,800, with a 24-hour increase of 7.07%, and the retail investors are once again feeling proud. Friends holding positions, are you happy today?
El Salvador has come up with something new, raising $30 million through tokenizing U.S. Treasury bonds! The USTBL token is directly linked to Treasury bonds, this move is both stable and exciting, it feels just right!
Mining company Hut 8 announced a $500 million ATM plan today, and also added a $250 million stock buyback! It seems that the big players in the mining sector truly love this winter, clearly arranging strategic Bitcoin reserves!
Recently, Meme coins have been continuously popular, with $AVAX
directly breaking through $55, with a 24-hour surge of 12.39%. High risk, high reward, friends in the crypto world, what do you think of this surge?
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$XRP
Can XRP rise 400% in a single month, can you still get in?
Recently, XRP's performance has been remarkable, with its market capitalization surpassing USDT and Solana on December 2, making it the third-largest cryptocurrency by market cap, even surpassing Pinduoduo, ranking 138th among global mainstream assets. The price of XRP has increased by 400% in just one month, breaking the $2 mark and reaching a new high since April 2021.
Behind this wave of increase, Ripple's CEO mentioned that the Trump administration might bring new hope to the cryptocurrency industry. Many investors were surprised at how quickly XRP rebounded. As early as the beginning of November, the price of XRP was still around $0.5, but after the CEO's remarks on November 10, the price skyrocketed.
At the same time, XRP's trading volume on major exchanges has also been very active. The XRP/KRW spot trading volume on the Korean exchange Upbit reached $3.8 billion, far exceeding BTC's trading volume; Bithumb's XRP trading volume also performed well, accounting for 32% of its total trading volume.
According to xrpscan data, the number of active XRP accounts increased by 100% in November, indicating a surge of new users on the network. The number of active accounts rose from 15,592 on November 1 to 47,044 on November 16, showing signs of positive recovery.
Ripple's CEO predicted all of this as early as the beginning of November, believing that the Trump administration could provide a turning point for XRP. So, can one still consider buying XRP now? The price and trading volume of XRP show an inverse correlation, indicating that XRP is undergoing a distribution phase, and market traders may be looking to sell.
Can XRP rise 400% in a single month, can you still get in?
Recently, XRP's performance has been remarkable, with its market capitalization surpassing USDT and Solana on December 2, making it the third-largest cryptocurrency by market cap, even surpassing Pinduoduo, ranking 138th among global mainstream assets. The price of XRP has increased by 400% in just one month, breaking the $2 mark and reaching a new high since April 2021.
Behind this wave of increase, Ripple's CEO mentioned that the Trump administration might bring new hope to the cryptocurrency industry. Many investors were surprised at how quickly XRP rebounded. As early as the beginning of November, the price of XRP was still around $0.5, but after the CEO's remarks on November 10, the price skyrocketed.
At the same time, XRP's trading volume on major exchanges has also been very active. The XRP/KRW spot trading volume on the Korean exchange Upbit reached $3.8 billion, far exceeding BTC's trading volume; Bithumb's XRP trading volume also performed well, accounting for 32% of its total trading volume.
According to xrpscan data, the number of active XRP accounts increased by 100% in November, indicating a surge of new users on the network. The number of active accounts rose from 15,592 on November 1 to 47,044 on November 16, showing signs of positive recovery.
Ripple's CEO predicted all of this as early as the beginning of November, believing that the Trump administration could provide a turning point for XRP. So, can one still consider buying XRP now? The price and trading volume of XRP show an inverse correlation, indicating that XRP is undergoing a distribution phase, and market traders may be looking to sell.
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$BTC
#BTC☀ The key support level at 96000 has not been maintained, leading to a significant price decline. It has currently broken through the lower support area, indicating strong selling pressure in the market. EMA moving averages are under pressure: short-term moving averages show that prices are under continuous pressure, indicating a bearish market sentiment, with bears still dominating the market. Strong support level: the next potential support range is around 95000-94800, where a brief rebound may occur, but the risk of breaking below still needs to be monitored.
The market trading volume has been consistently increasing recently, especially during declines, indicating significant panic selling. The liquidation amount of long contracts has increased, and short positions are gradually gaining an advantage, further suppressing prices.
If the price cannot stabilize above 95000, it may further test the 94000 or lower support.
You can wait for trend confirmation before gradually building long positions.
#BTC☀ The key support level at 96000 has not been maintained, leading to a significant price decline. It has currently broken through the lower support area, indicating strong selling pressure in the market. EMA moving averages are under pressure: short-term moving averages show that prices are under continuous pressure, indicating a bearish market sentiment, with bears still dominating the market. Strong support level: the next potential support range is around 95000-94800, where a brief rebound may occur, but the risk of breaking below still needs to be monitored.
The market trading volume has been consistently increasing recently, especially during declines, indicating significant panic selling. The liquidation amount of long contracts has increased, and short positions are gradually gaining an advantage, further suppressing prices.
If the price cannot stabilize above 95000, it may further test the 94000 or lower support.
You can wait for trend confirmation before gradually building long positions.
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