12.27 Crypto Morning Report:
Currently, the market has turned into a situation where the secondary market is suffering significant losses, while the primary coin market is able to make profits. I sincerely hope everyone can find their own path to 'making money,' choosing simple models to follow, and not feel the need to challenge high difficulty.
1. BTC is in a fluctuating state, having been swinging in the range of 95,000 - 100,000 for the past week, and with the weekend approaching, everyone is hoping for new changes in the weekend market; BlackRock's IBIT saw a pre-market trading volume of up to 68 million USD yesterday, with 42% being active buy orders; analysts note that investors holding Bitcoin for 6 to 12 months are quite active in selling Bitcoin.
2. The ETH exchange rate is on a downward trend, and altcoins are suffering even more, with a large outflow of funds, resembling a 'blood loss'; data shows that the amount of staked Ethereum has already exceeded 54 million ETH, which is nearly 10% of the benchmark for re-staking ETH.
3. $SOL is like a shadow of Bitcoin, completely following Bitcoin's trend, essentially a leveraged product of Bitcoin; however, I still remain optimistic about SOL. Additionally, meme coin funds will continue to flow out, so pay attention to those new emerging and potentially promising 'golden dogs' 🐶.