Etherum has formed a head-and-shoulders pattern, which will be completed on a break and close below the neckline.
As the neckline is sloping up, the bearish pattern is relatively less reliable, but traders should not neglect it. The downsloping 20-day exponential moving average ($3,451) and the relative strength index #RSI in the negative territory indicate that bears hold the edge. If the price turns down from the current level or the 20-day EMA and breaks below the neckline, the ETH/USDT pair risks falling to $2,850.

If bulls want to prevent the downside, they will have to drive the price above the 20-day EMA. The pair could then climb to $3,745.
$ETH #POV #NotAnAdvice
This Is Not An Investment Advise

$ENA
Galaxy Digital, a leading cryptocurrency investment firm, has made headlines by selling 10.85 million ENA tokens at an average price of $1.144, earning a profit of $2.37 million. This strategic selloff is part of a broader divestment, with the firm transferring 4.46 million ENA tokens worth $4.92 million to Binance just nine hours earlier. In total, over the past 29 hours, Galaxy Digital has liquidated $12.4 million worth of ENA tokens, contributing to market instability.

𝐖𝐡𝐚𝐥𝐞 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐄𝐍𝐀
𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐦𝐩𝐚𝐜𝐭🎉🎉🎉

#GalaxyDigital isn’t the only major player shaking up the ENA market. In the last 48 hours, three significant whales, including Galaxy Digital, have moved 25.81 million ENA tokens (valued at $30.43 million) to major exchanges like Binance and Bybit. This influx of tokens into the market has added to the current price volatility, leading to a sharp decline in ENA’s value.

At present, $ENA is trading at $0.9951, reflecting a steep 13.71% drop over the last day. The token’s market cap now stands at $3.01 billion, while trading volume has surged by 30.44% in the past 24 hours to $613.15 million, resulting in a volume-to-market cap ratio of 20.12%. ENA’s total value locked (TVL) is $5.89 billion, with a market cap-to-TVL ratio of 0.5162, signaling a challenging market environment.

𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐁𝐞𝐚𝐫𝐢𝐬𝐡 𝐒𝐢𝐠𝐧𝐚𝐥𝐬 𝐚𝐧𝐝 𝐊𝐞𝐲 𝐋𝐞𝐯𝐞𝐥𝐬💥

Technical indicators paint a bearish picture for ENA. Resistance levels are positioned at $1.09 and $1.21, while immediate support rests at $0.99. A breach below this support could drive prices down to $0.95. The 4-hour chart reveals a bearish crossover, with the 9-day moving average falling below the 21-day moving average, indicating continued downward momentum.

The Relative Strength Index (#RSI ) is at 46.27, reflecting neutral market conditions, though a recent dip to 29 indicated brief overselling, potentially drawing in bargain hunters. Meanwhile, the Bollinger Bands have widened, signaling heightened volatility. The price’s position below the middle band reinforces the prevailing bearish sentiment, with the lower band near $0.95 acting as a possible target if the downward trend persists.

The Moving Average Convergence Divergence (MACD) indicator further underscores the bearish outlook. The MACD line is below the signal line, and the histogram shows increasing negative divergence, suggesting mounting selling pressure.

𝐎𝐮𝐭𝐥𝐨𝐨𝐤👀🚨

𝐆𝐚𝐥𝐚𝐱𝐲 𝐃𝐢𝐠𝐢𝐭𝐚𝐥’s large-scale selloff has exacerbated ENA’s market challenges, driving significant price volatility. While entry and exit points in this evolving market landscape.
#ENAUSDT🚨 #ShareYourTrade #OnChainLendingSurge $ENA

目录：
6.#BTC 合约清算地图，直观反应风控位置；
7.#山寨指数 交易解析；
8.代币#RSI 超买超卖实况。
9.热点解读：BTC与#美股 标普500关联性降低，或将创历史新高？
 

 
6.BTC合约清算地图，直观反应主力风控位置
根据CoinAnk清算地图最新数据，如果BTC价格向上突破104000美元，将有价值9.048亿美元空单被清算；
如果BTC价格向下跌破98200美元，将有价值21.44亿美元的多单被清算。
这些数据直观反应主力资金风控位置，也可作为交易或介入参考。
  

 
7.山寨指数交易解析。
目前山寨指数最新数值是59附近，本轮最低值43，在50下方附近震荡了十多天，从新年1月1日起，有明显的反弹，突破50多空平衡位置后惯性上涨，在山寨币表现上也较为明显，近期出现了一定程度的反弹行情。
我们前期解析过山寨指数，一般山寨指数低于25附近，则是比较好的介入埋伏时机，如果担心错过行情，也可在低于中间值50之后就开始分批介入，仓位可以按照金字塔式来建仓。本轮如果低于50轻仓位介入，按照市值前五十的山寨币这一阶段的整体涨幅而言，略大于BTC ，也是一笔较佳的利润。
 

8.代币RSI超买超卖实况：
根据RSI指标筛选器，日线级别，HIVE、SPX、AIXBT随着近期价格上涨，已经处于或临近超买区域，如果涨至临界点或阻力位，后市可能会面临回调；PHA、VANA、等近期价格下跌之后，已处于或接近超卖区域，如果跌至下方重要支撑区域，后市则可能会面临反弹行情。
当然，超买超卖型指标是偏左侧交易思路的，就是猜底逃顶的主观逆势思维，而马太效应和右侧交易思路则与之完全相反，因为强者恒强、弱者恒弱，客观顺势交易思路可能会让超买超卖的代币继续延续近期强势或弱势走势。
 
9.热点解读：BTC与标普500关联性降低，或将创历史新高？
 
自特朗普当选为第 47 任美国总统以来，加密货币和股票市场的相关性一直较高。然而，如今我们开始看到比特币的表现领先于标普 500 指数（相较于它们的正常波动范围）。在过去三年里，大部分社区将加密货币视为一种“高杠杆科技股”。然而 2025 年初的迹象表明，比特币可能会摆脱与全球股票市场的常规联动。 历史上，当加密市场与股票市场的相关性较低甚至无关时，通常会迎来最显著的牛市。如果比特币和其他山寨币能够在今年 1 月不依赖标普 500 指数而继续增长，这将是一个强烈信号，表明创下新历史高点的可能性很大。
 
我们认为，比特币与标普500指数的相关性在2025年初出现变化，比特币开始表现出领先于传统股票市场的趋势。这一现象可能与比特币逐渐成熟并形成独立市场动态有关。历史上，加密市场与股票市场低相关性时期往往伴随着比特币的显著牛市，这可能意味着比特币正在形成自己的价值存储和投资案例，而不仅仅是高风险科技股的代表。市场有很多预测，2025年比特币价格将涨至更高。这些预测，加上比特币ETF的持续增长和市场情绪的回暖，表明投资者对比特币的信心依然强劲。如果比特币能够持续独立于标普500指数增长，这将是市场对其长期潜力认可的强烈信号，可能预示着新的历史高点的实现。
 

Bitcoin's price performance as 2024 comes to an end worries investors. At the 50 EMA, a level essential to sustaining bullish momentum, Bitcoin$BTC
has lost its main support. This break signals a substantial change in market sentiment and raises the prospect of additional declines as 2025 gets underway. A bearish signal, the 50 EMA's loss could lead to more selling pressure, particularly if traders expect the downtrend to continue. The 200 EMA, which is around $76,160, and the psychological level, which is at $85,457, are the next important support levels. Even more severe drops may occur in the first quarter of 2025 if Bitcoin is unable to stabilize at these levels.

Recent trading session volume profiles point to waning market activity, which makes Bitcoin even more vulnerable. A recovery to retest the 50 EMA appears unlikely in the near future in the absence of strong buying pressure. Nonetheless, it might indicate a brief recovery and reestablish some market confidence if bulls are able to push Bitcoin back above the 50 EMA in the upcoming days.

Bearish momentum may not yet be exhausted, as indicated by the Relative Strength Index (#RSI ), which is trending lower while remaining in the neutral zone. Given the current lack of robust institutional or retail demand, the outlook is still cautious. The climate for Bitcoin is going to be difficult in 2025. A strong catalyst is required by the market to prevent further losses, which could include technical recovery above critical levels such as $96,472, macroeconomic changes or renewed institutional interest.
#CryptoReboundStrategy

The Relative Strength Index (RSI) is a pivotal tool in the arsenal of crypto traders, providing insights into market momentum and potential reversal points. Developed by J. Welles Wilder, RSI is a momentum oscillator that measures the speed and change of price movements over a 14-day period, offering values between 0 and 100.

Effectiveness of RSI in Crypto Trading
RSI's primary strength lies in its ability to identify overbought and oversold conditions:
Overbought: RSI values above 70 suggest that an asset may be overbought, indicating a potential price correction.
Oversold: Values below 30 indicate an oversold condition, hinting at a potential price increase.
This makes RSI a critical indicator for timing entry and exit points in the volatile crypto market. Its simplicity and effectiveness in identifying trend reversals have made it a favorite among traders.
Role of RSI in Crypto Trading
1. Trend Identification: RSI helps traders identify bullish or bearish trends. A rising RSI indicates increasing buying pressure, while a declining RSI suggests selling pressure.
2. Divergence: RSI can highlight divergences, where the price moves in the opposite direction to the RSI, signaling potential reversals.
3. Confirmation Tool: RSI is often used alongside other indicators to confirm signals and improve trading accuracy.

However, RSI is not infallible. It may generate false signals during strong trends. Hence, combining RSI with other technical analysis tools can enhance decision-making.
In conclusion, RSI is a powerful indicator in crypto trading, offering valuable insights into market conditions. Its ability to predict potential reversals and confirm trends makes it indispensable for traders seeking to navigate the dynamic crypto market.
#Binance250Million , #Write2Earn , #RSIIndicator , #RSI , #CryptoReboundStrategy