- Current price: From 3.73 USDT down to 3.46 USDT.
- Decrease level: -7.3% in a short time, causing a major shock in the market.
â What is happening with $WLD?
The market is witnessing strong selling pressure, causing the value of $WLD to be âblown awayâ in an instant. The question arises: Is this just a short-term drop or the beginning of a deeper downtrend?
Key factors to note:
1ď¸âŁ Extreme volatility:
Sharp price declines often create a domino effect. The most important thing right now is to identify key support areas to predict the next direction.
2ď¸âŁ Opportunity or risk?
If you are a long-term investor, this may be the time to âbuy the dip.â However, if you are following a short-term strategy, you need to consider the possibility of cutting losses if the price continues to break support levels.
3ď¸âŁ Psychology and strategy:
Donât let emotions overwhelm you. The market is always unstable, but wise decisions come only from calmness and thorough analysis. Ask yourself: What is your plan as you enter this volatile phase?
â Whatâs next?
If $WLD continues to drop below the important support area, we may see more waves of selling. Conversely, if this area holds, a recovery could occur.
The trend of #AiAgents "cools down" after @Binance spot listing đ All tier-1 Ai Agents are in the adjustment phase! The AI ââniche still has #DeFAI , there is no coin listed on exchange B, if you want to play safe, just hit tier-1 guys!
Bitcoin is likely to fluctuate strongly tonightđĽđĽ
At 20:30 tonight (January 10, 2025), the US Non-Farm Payrolls (NFP) data will be released. This is an important indicator reflecting the health of the economy and often has an indirect impact on Bitcoin as well as the cryptocurrency market.
How does NFP affect $BTC ?
1. Positive NFP (higher than expected):
⢠The US economy is stronger, the Fed may keep or raise interest rates to control inflation.
⢠The USD appreciates, reducing the attractiveness of Bitcoin and risky assets.
đ Bitcoin is likely to decrease in price as investors switch to safe assets such as USD or bonds.
2. Negative NFP (lower than expected): ⢠The US economy is weakening, the Fed may cut interest rates or loosen monetary policy.
⢠The USD is weakening, investors look to Bitcoin as a risk-hedging tool.
đ Bitcoin is likely to increase in price due to capital flows into digital assets.
Historical data: ⢠July 2023: Strong NFP â Bitcoin decreases in price due to the increase in USD.
⢠October 2023: Weak NFP â Bitcoin increases in price due to expectations that the Fed will cut interest rates.
CryptoQuant data shows whales are accumulating Bitcoin after 2024's major sell-off.
đ˝ On Dec 21, 2024, 79k $BTC was dumped, but whales bought heavily under $95k. đŹ Over 34k BTC was accumulated by institutions in the past 30 days, driving Bitcoin's recovery.
đĽ #Grayscale (including Mini) with over 1,888,000 ETH holdings ($3B) đĽ #BlackRock with over 1,069,000 ETH holdings (+$3.5 billion) đĽ#Fidelity with over 472,000 ETH holdings (+$1.5 billion)
It's true that BTC.D is really falling, but if it really drops like this, the research power of the recovery department will probably increase dramatically
đđExisting home sales in the #US are expected to close at 4.04 million units in 2024, marking the worst year since 1995.
These sales are even lower than during the 2008 Financial Crisis. The reason for the decline in demand for existing homes is that home prices have increased more than 50% since 2020.
During the same period, home mortgage interest rates were near X3, making affordability even more difficult.
The average interest rate on the 30-year mortgage rose another 1% since September, to 7.1%, despite the Fed cutting rates by 1 basis point.
- $BTC BTC is trending up again above $100k, currently in the $99k area - Altcoins have not had many major fluctuations in the past 24 hours - BTC increased but total capitalization decreased => BTC.D increased - Market volume still shows a decline due to the winter holidays - More than 94 million USD stablecoin netflow was withdrawn from exchanges in the past 24 hours