Hotspot on December 30;
1. Data: Hyperliquid can generate over 1 million dollars in revenue almost every day.
2. Tokens such as OP, SUI, ZETA, ENA, and KAS will see large unlocks this week.
3. Zerebro co-founder Jeffy Yu: Building a consumer-facing agency launch platform called Zentients.
4. The crypto industry organization is suing the IRS over broker reporting rules
5. Tether CEO retweeted stating that USDT will not be deemed illegal in Europe on December 30.
BTC
Analysis
In yesterday's daily Bitcoin trend, the price dropped from a high of around 95350 to a low of around 93000, finally closing around 93750. The support below is near MA60, and if it pulls back to that position, it can be considered for a long position. The resistance above is near the MA7 moving average, and once it breaks through, it is expected to look towards MA30. The MACD indicator shows an increase in bearish momentum.
On the four-hour level, the support is near MA360, and a pullback to this area can be considered for a long position. The resistance above is near MA4, and if it can break through, it is expected to look towards MA60. The MACD shows an increase in bearish momentum and has formed a death cross.
ETH
Analysis
In yesterday's daily Ethereum trend, the price dropped from a high of around 3415 to a low of around 3325, finally closing around 3355. The support below is at around 3335, and if it breaks this support, it may look towards around 3265; a pullback to the support level can be considered for a long position. The resistance above is near MA14, and once it breaks through, it is expected to look towards around 3500. The MACD indicator shows a decrease in bearish momentum and has a trend towards forming a golden cross.
On the four-hour level, the support is near 3325, and a pullback to this area can be considered for a long position. The resistance above is near MA90, and the MACD shows an increase in bullish momentum.
Bgb has dropped nearly 20%
Did the brothers escape the top this time? However, when everyone and all groups are discussing, and a bunch of teachers start showing on-chain profit charts, it makes me a bit anxious. Is this a short-term peak signal? At least for $BGB, I ran right with this signal.
Continuing to see long-term potential in the AI Agent sector, looking at $Ai16z, $Virtual, $Aixbt, etc., for further explosions. I also believe that 8 dollars is not the peak for $BGB, but 'buy where no one cares, sell when the crowd is roaring.' Some positions can be traded even if selling leads to missed opportunities, it's still a good outcome.
I took profits from part of the on-chain earnings and placed low orders on the targets I am optimistic about.
As 2024 is about to conclude, in the fourth quarter, Bitcoin's performance is similar to the fourth quarter of 2016. From historical data, after the halving, Bitcoin tends to continue its upward trend in the first quarter of the following year, as seen in 2017 and 2021; I believe 2025 will be no exception.
Trading insights
In the trading market, there is a saying: 'Patience is an investment and a necessary prerequisite for success.' In trading and investing, courage and strategy are indeed essential, but patience is equally crucial!
In participating in trading, one must cultivate excellent patience, as it often is the key factor determining the success or failure of an investment. Many investors are not lacking in analytical ability or investment experience, but rather in a high degree of patience.
Whether buying too early or selling too early will only result in wasted time and financial losses.
When the timing for buying and selling is not ripe, one should patiently wait. Once the timing arrives, one must decisively seize it; this is a basic requirement for every investor.
