Let's make a prediction for tonight: the Nasdaq should have a slight rebound, and Bitcoin continues to rebound upwards. Today's clear signal is to buy the dip. Hold onto the spot; don't engage in short-term trading. Just take profits in batches for contracts. Don't think about getting rich overnight; it's easy to fall into a delusion. Tonight is also the last trading day of the year, so there shouldn't be a major drop. Everyone, get ready to bid farewell to the old and welcome the new.
1. The American listed company Janove announced plans to include Bitcoin, Ethereum, and Solana as acceptable payment methods and is considering developing a treasury allocation plan for these assets. Tomorrow, the Microsoft corporate reserve plan should be approved. During this time, they probably quietly bought ETH or BTC.
2. The American spot Bitcoin ETF saw a net outflow of $415.1 million yesterday. The American spot Ethereum ETF had a net outflow of $55.5 million yesterday. There are also retail investors in the U.S., so don't worry; chasing highs and cutting losses is the same everywhere. But we should thank them; without such negative news, how could you possibly buy the dip?
3. Binance will stop supporting the deposit and withdrawal of DYDX tokens on the Ethereum network (ERC20) on February 12. I have repeatedly reminded that DYDX is not worth recommending, and it turned out to be true.
4. On December 30, the American Bitcoin ETF experienced a net outflow of 3000 BTC, while the Ethereum ETF saw a net inflow of 16,359 ETH. Now institutions are shifting funds to ETH. Will ETH reach $10,000 in the next wave of increases by 2025?
5. Musk changed his profile picture on his X platform to a Pepe image. Pepe immediately surged by 10 points. Can I shout out for Dogecoin? Are you secretly buying the dip?
6. In the 7 days since December 26, Circle issued 1.1 billion new tokens. Don't focus too much on USDT right now; the market makers are confusing retail investors, and they are quietly buying the dip. USDT, USDC, the issuance increase is a sign of the market starting to rise.
7. Tether, the issuer of USDT, withdrew 7628.9 BTC (approximately $705 million) from Bitfinex. This should be the BTC purchased by Tether this quarter: since May 2023, Tether announced that it would regularly use 15% of the company's profits to buy Bitcoin to enhance reserves. Tether currently holds a total of 82,983 BTC ($7.68 billion), making it the 6th largest BTC wallet address. Its average purchase price is about $36,222, with current floating profits reaching $4.72 billion. It's like the Federal Reserve printing money and driving the market up itself.