Tang2024

$ETH The weekend market itself is weak. The intraday white market fluctuated continuously from the early morning to 94,800 and there was no room for decline. It can be seen that the white market has been slowly rising!
From around 99,500 to nearly 5,000 points, there must be a big rebound in the near future. Paying attention to the upward trend is definitely a better choice. Going long on weekends is also more conducive to our operations!
According to the current trend, conservative operations of 1,000 points back and forth can be opened!
Bitcoin 96,000-97,000 low and high operations can be operated back and forth!
Ethereum 2670–27350 low and high operations back and forth! #Cryptocurrency

#Gas费影响 BNB has Binance as its backend, a destruction mechanism, and acts as the BSC chain GAS fee. Its value depends on the ecological prosperity of the BSC chain. There will be no problem with appreciation in the future (four-digit prices are fine in the long run) Current price: 656　　You can consider buying at the current price, and 678-688 is not a big problem　　No brainer buying below 643 Some cliff-like declines are basically caused by negative news So everyone remember, next time there is such a situation, don't hesitate to buy the bottom directly

In the context of the booming digital economy, wallet activities have become a key window to gain insights into market trends and user behavior. From transaction data, high-frequency small payments are often concentrated in daily consumption scenarios, reflecting the everyday life of people; while large transfers are mostly associated with investment and asset allocation, highlighting the flow of wealth.

Regarding participation, the conversion and retention rates of new users after receiving registration bonuses and experiencing introductory offers can reflect the attractiveness and stickiness of the wallet. The responses of old users to various cashback and points redemption activities can also reflect the alignment between the wallet's functions and services.

The recent market has been fluctuating repeatedly, with many people bullish today and bearish tomorrow, causing anxiety.
I have a simple method to break this confusion: use the daily chart as the cycle, observe the current trend. I have posted about this before, and everyone can refer to it. The current market is still in a daily level fluctuation, with the bottom around 92000 and the top around 108000. As long as the drop does not exceed 90000 and the rise does not exceed 110000, it can basically still be judged as a fluctuation. Regardless of how the market rises or falls, using my method will not lead to panic.

#代币流动信号 Increased inflows into exchanges: If a large amount of LTC flows into exchanges, it may mean that investors are ready to sell their tokens, and the market may face selling pressure in the short term, and the bearish signal will increase. If the inflow continues to increase and the price does not rise significantly, this bearish possibility is greater.

- Increased outflows from exchanges: More LTC outflows from exchanges usually indicate that investors transfer tokens to personal wallets for long-term holding, which is a relatively optimistic signal for the market, suggesting that investors are optimistic about the long-term value of LTC and expect prices to rise in the future.

#活跃用户影响 Active user impact refers to the effect of active user groups on a blockchain or digital platform on the network ecology and market dynamics. These users not only drive the daily use of the platform, but also influence the growth, value and stability of the platform by participating in transactions, interactions or content creation. In the field of cryptocurrency, an increase in active users usually indicates an increase in market demand, which in turn drives up prices. In decentralized applications (DApp) and DeFi platforms, the behavior of active users can also directly affect the execution of smart contracts, liquidity provision and governance decisions of the platform. Therefore, understanding the behavioral patterns of active users is crucial for platform developers and investors, and can help them better predict market changes and development trends.

#价格趋势分析 #价格趋势分析 Short-term Trend (Daily Level):
If ETH recently pulls back from a high position, it may form a short-term descending triangle or double top pattern. For example, if a long upper shadow candlestick appears on February 17, it indicates strong selling pressure above, possibly suggesting that sellers have taken profits at a certain resistance level (such as $4000).
The current support level may be at the 50-day moving average (approximately $3200) or a key psychological level (such as $3000). If it breaks below support, it may further drop to $2800-$2900.
Mid-term Trend (Weekly Level):
Since the low point in 2022 (approximately $1000), ETH may have been in an upward channel. The level support in 2024 (such as $2500) may have been tested multiple times and validated as strong support.
If the current price approaches the upper boundary of the channel (approximately $4000-$4500), it may face adjustment pressure; if it is at the middle boundary (approximately $3500), there is still room for upward movement.

#链上数据洞察
On-chain data shows that Ethereum recently staged a performance of 'The Vanishing Staker' — the longest net outflow of staking for 84 days after the upgrade, with 34 million ETH withdrawn, enough to award every Ethereum developer a 'Best Escape Medal'.

— The DeFi veterans are burning 41% of the block fuel with Gas fees (the speed of Uniswap traders is comparable to eSports players), while watching NFT players collectively exit (Gas share plummeted from 32% to 7%), resembling a real-life version of 'Squid Game' on-chain.

At this moment, the price of ETH resembles tourists being diverted by L2s — the number of active addresses on the mainnet has shrunk to 550,000, while the TVL of L2 has surpassed 20.7 billion USD.

#鲸鱼再次买入VIRTUAL whales make a big purchase of VIRTUAL, the market barometer is activated again!

Recently, the "whales" of the cryptocurrency market have made a move again, making large-scale purchases of VIRTUAL, this emerging digital asset, instantly igniting market attention. Whales, as leaders of market trends, are undoubtedly seen as an important barometer by many investors. VIRTUAL has recently performed impressively, with activity levels continuing to rise, and the whales' increased positions have added significant potential for its future.

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Is there really a way to make money forever in the crypto world?
1. If a strong coin has fallen for 9 consecutive days from a high position, make sure to follow up in a timely manner.
2. If any coin has risen for two consecutive days, make sure to reduce your holdings in a timely manner.
3. If any coin has increased by more than 7%, there is still a chance for a rise the next day, you can continue to observe.
4. For strong bull coins, make sure to wait until the pullback is over before entering.
5. If any coin has shown little volatility for three consecutive days, observe for another three days; if there is no change, consider switching coins.

In December #ETH持续飙升 12, the price of Ethereum may fluctuate quite a bit, like a pin being inserted, going up suddenly and then coming down, unlikely to rise significantly and then stabilize.
Looking at the weekly chart, it has formed a pretty nice bullish candle, but that doesn't mean it's topped out. I think Ethereum might push for a higher point this week, possibly encountering some resistance around the 3900 to 4100 range, and then it might pull back, just like the pin insertion, going up and then coming down.

$ETH Bearish Alert: An Epic Correction is Coming
From January 2023's 15,000, it surged all the way to 99,600, accumulating a growth of 564%, especially last month when it jumped directly from 66,000 to 99,600.
Currently, Bitcoin's market capitalization is 1.9 trillion, Ethereum's is 440 billion, and Solana's is 110 billion. Such high market values make many friends feel anxious.
Additionally, everyone can refer to the deep corrections in 2021 and 2022; every time the bull market peaks, the subsequent drop is often severe, and the risks are very high. Especially for those who rushed in at 80,000 or 90,000 to buy Bitcoin.

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The adjustment of Bitcoin at $BNB has ended, and a new round of bull market has restarted!!
The current pullback of Bitcoin does not require too much interpretation; a 5%-15% price drop during a bull market is healthy to complete pattern repair and liquidate long positions.
On the macro level, the 'new cabinet' formed by the elected President Trump holds a friendly stance towards the crypto market. The latest news shows that he has chosen cryptocurrency hedge fund manager Bensent as the Secretary of the Treasury, which means that the U.S. is one step closer to achieving a national strategic reserve of Bitcoin; the Chicago Board Options Exchange also announced the launch of the first cash-settled index options related to Bitcoin's spot price on December 2 (next Monday). Such news is undoubtedly a booster for Bitcoin's prospects.

#市场波动，加仓还是观望？ I think we shouldn't rush to short again, the shorts have been strong enough these past two days, the 8-hour and 12-hour rebounds have also ended, this pullback is nearly at the bottom. Friends who like to short should wait for the rebound to reach a high point before shorting, which would be more prudent. Some people believe this pullback can drop to 80,000 or 76,000, but I think it's unlikely, at least there are no signs of that now; I estimate it will probably only reach 88,000 to 87,000 at most. Because the daily line is still far from the zero axis, it's too early to say there will be a big adjustment. The 90,000 level will not be easily broken effectively. When the rebound reaches 93,000 to 95,000, the market will choose a direction again.
If the indicators below the 4-hour level can recover well and strengthen, then a major adjustment above the daily line may be nipped in the bud. If the 8-hour and 12-hour MACD reach zero tonight to tomorrow, it may easily shift to an upward trend. So now the focus is still on buying low; if the price is high, short a little, if the pullback stabilizes, look for opportunities to push upwards.
Today's trend, I already mentioned last night. 91,600 and 90,850 have both been tested; if it drops again today, there will be a small support around 90,450, where I will initially build a small position because even if it drops below 90,000 to 89,600-89,200-88,800, it will quickly bounce back, at least making 2,500 points. So, the low buying strategy around 90,000 is very clear.
Last night, the 6-hour level rebounded from zero, rising from 91,600 to 94,600, a rebound space of 3,000 points. Today is the 8-hour rebound from zero. Therefore, when I said the rebound at 90,000 would be at least 3,000 points, it makes a lot of sense. Not buying at this integer level would waste two days of pullback opportunities.