1. Cryptocurrency Market Quick Pass
1. Altcoin market
Currently, ETH/BTC may bottom out again at around 0.03333, and ETH continues to weaken.
BTC.D continues to rise on the 4-hour chart, and the decline of the altcoin is greater than that of BTC. Looking at the short cycle, it looks a bit like a head and shoulders bottom. There may be another wave of declines in a few days, and BTC.D will rise to about 60%.
2. Fear and Greed Index
50 Neutral
Yesterday it was still 69, greed, and it is estimated that it will turn into panic next week. The last index panic was on October 14.
3. Liquidation heat map
The long positions are almost wiped out, and short liquidity is concentrated in 95.5-99K.
2. Cryptocurrency News Express
1. Alliance DAO co-founders disclose their holdings: all in Bitcoin and AIagents. PANews reported on January 10 that Qiao Wang and Imran Khan, co-founders of Web3 accelerator and founder community AllianceDAO, shared their latest personal holdings in the latest video podcast.
Qiao Wang said that he has personally invested in Bitcoin and AIagents tokens. Imran Khan said that he still holds HYPE (Hyperliquid) and firmly believes that it is "a strong Beta token."
2. Greeks.live: 19,000 BTC and 141,000 ETH options are about to expire, with a total notional value of $2.27 billion. Greeks.live macro researcher Adam wrote that on January 10, a total of 19,000 BTC options expired, with a Put Call Ratio of 0.65, a maximum pain point of $97,000, and a notional value of $1.81 billion. 141,000 ETH options expired, with a Put Call Ratio of 0.48, a maximum pain point of $3,450, and a notional value of $460 million.
3. A whale unpledged about 245,900 SOL and deposited it in Binance 8 hours ago, which is about 45.85 million US dollars. According to Lookonchain monitoring, 8 hours ago, a whale unpledged 245,922 SOL (about 45.85 million US dollars) and deposited it in Binance.
4. A whale deposited 612 BTC to Binance 12 hours ago, with an estimated profit of $34 million. According to Spot On Chain monitoring, a whale deposited 612 bitcoins (about $57.6 million) to Binance 12 hours ago. The whale withdrew 650 BTC from Binance in April 2023 and January 2024, with an average withdrawal price of only $38,331. If sold at $94,117, the whale will realize a profit of $34.14 million (+146%) in about 2 years.
5. A trader's pippin position has turned from a floating loss of $1 million to a floating profit of $2.5 million. According to Lookonchain monitoring, a "diamond hand" trader turned from a loss of $1 million (-90%) to a profit of $2.5 million. Two months ago, the trader spent 5,441 SOL ($1.15 million) to buy 20.46 million pippins, and watched it fall by 90%. But he did not sell. Today, with the market value of pippin exceeding $180 million, his 20.46 million pippins are worth $3.68 million, and the unrealized profit exceeds $2.5 million.
6. A whale sold 3.42 million WIF in exchange for 5.3 million USDC in the past 11 hours, with an estimated profit of $4.61 million. According to Spot On Chain monitoring, an early WIF buyer is cashing out huge profits: $4.61 million (+235%). In the past 11 hours, the whale at the beginning of EvSTe sold 3.421 million WIF at an average price of $1.549 in exchange for 5.3 million USDC. As early as December 9, 2023, the whale spent $21,000 to buy the first batch of 3.58 million WIF. Currently, the whale is still selling its remaining 198,400 WIF (about $311,000). In 13 months, its total return from WIF is $4.61 million (+235%).
7. Citi: 2025 will be the year of altcoins. According to Jinshi, Citi analysts said in a report on Monday that given that Ethereum is the only major cryptocurrency approved as the basis for a spot ETF (besides Bitcoin), it may be a rotation target. Other cryptocurrencies have performed even better, and their share of the overall market value of cryptocurrencies is also growing. Citibank added that respondents to a recent survey believe that altcoins will perform particularly well in 2025. "The performance of other cryptocurrencies and altcoins is even more meaningful, suggesting that some market participants expect a 'altcoin season' in 2025 after a strong year for Bitcoin," analysts said.
8. Russia "starts selling" 1,032 bitcoins seized in a scam. According to Cryptonews, Russia has begun selling bitcoins confiscated in its 2023 investigation into the Infraud hacker group. The move suggests that Moscow hopes to convert more than 1,000 bitcoins into fiat currency. Russia's official news agency TASS confirmed the development, saying that Moscow will first sell nearly $10 million worth of bitcoins confiscated from Marat Tambiev, a former Russian Investigative Committee investigator.
9. A whale who lost $660,000 on MOG bought another $2.01 million worth of MOG 10 hours ago. According to on-chain analyst Yu Jin, a whale who lost $660,000 on MOG investment is suspected to have reinvested in MOG: he withdrew 1 trillion MOG (about $2.01 million) from Bitget 6 hours ago at a price of $0.000002. He withdrew ETH from Bitget last time and bought MOG on the chain, and then transferred MOG to Bitget, realizing a loss of $660,000.
3. Fast Pass for Popular Currencies
1. $OM
2. BUTTHOLE
3. VIRTUAL
4. ANON
5. LLM
6. ABOUT
7. AI16Z
8. GRIFFAIN
9. POPCAT
10. $BTC
11. SUN
12. SPX
13. COOKIE
14.$ETH
15. HYPE
4. Cryptocurrency Blogger Quick Pass
1. Top Traders Dove
He said early this morning: Now is the time when most people start to panic, because people have realized that BTC cannot hold up at the low point in December, and the next support level is 85K, which is not even worth mentioning for ETH. People’s confidence in the bull market is shaken, and when they start to lose money, they will accelerate their selling.
He meant that the panic is starting now, and he directly looked at the support level at 85K, but his implication was that market panic is the next buying opportunity.
2. Trader Vivian
Her views are shown in the picture. There is a lot of content. It took me more than an hour to sort out and forward it last night. In summary, the market will fall after the rebound, and the bottom-fishing time is between 15th and 18th. She predicted a lot of details, so it is impossible for all of them to be correct. Just refer to the direction.
3. Trader Ansem 🐂🀄️
The PINPIN he promoted a few days ago took off and increased dozens of times.
Last month, when it was 0.02, a friend recommended it to me, but I didn't buy it. Now it's 0.2. Alas, I can't eat even when the food is right next to me (Luo Yonghao Starbucks Gif)
4. Trader DeFi^2
Arthur posted that the market now provides a very good entry opportunity.
DeFi^2 replied: He agreed that it was time to make a bottom-fishing list, and once the opportunity came, the bulls would quickly reappear.
5. Trader Game
He said: "There is widespread panic in the market, and this sentiment will cause huge market inefficiencies, which are often driven by irrational behavior. He will buy against the trend."
Then a list of secondary market currencies is given: $HYPE, $GRIFFAIN, $AVA, $MORPHO, $ENA.
6. Trader Saint Pump
The callback targets he gave last night were BTC87K, ETH2800, and SOL160.
7. WWG Boss Johnny
He said this morning: This is a big shock before Trump takes office, and the outcome will be clear in a month.
As for large-cap tokens, he believes $SUI and $HYPE will perform best when the market bottoms out, and he expects they could grow 2-5x by 2025.
In addition, he said in the community: He bought a lot of LMT (SOL chain AI dog) in the past few days. At 13:00 Beijing time, he just gave BTC91.8K-92.4K entry long order, stop loss 90498; HYPE entry 19.9-20.3, stop loss 18.55; vortuai entry 3.09-3.15, loss 2.96.
8. Wave Theory Liu Yudong
Daily chart on January 10, 2025
Every blog post since January has said that the rise from the blue dot was just a rebound, and today it was confirmed. It is indeed just a rebound. The blue dot has been broken.
The black line is the first part, the red line is the second part. The green dot adjustment will continue.
If the price is below 94088, the rebound has not started. If it can rise above 94088, it is considered to have started to rebound. But if it does not rebound to 98232, there is still downward momentum until 87584. The green dot is normal for 50 to 90 days. It is still looking for the end point. After the end point is found, it will rise to 115794 and 142252.
What he meant was: BTC support is at 87584. As long as it does not fall below 83576, there will be fluctuations and adjustments in between, and after the adjustments, it will continue to go to 142252.
V. Conclusion
In the past two weeks, the title of each of my articles was bearish. When BTC rose to 102K, some people came to criticize me. I still insisted on reminding people of the risks, and kept reminding people to take profits, reduce positions, reduce leverage, and set stop losses to protect principal. I was afraid that some people would not know how to stop losses with spot trading, so I specifically reminded them how to operate. I myself was short for more than 20 days, and of course I missed several rebounds, but I felt that short-term trading was too tiring, so I might as well just wait for a chance to buy at the bottom.
There is no need to panic now. You can place orders in batches to buy at the bottom. If the price is low enough, such as ETH2700 and DOGE 0.2, you will make money if you catch it. If you can't catch it, you can enter the market on the right side after the reversal. The big bull market will come soon. Don't use leverage. Spot can hold on to the big profits.
In the short term, there may be a rebound on Friday night, but it will still fall next week.
statement:
The above information is for reference only and is not a trading advice. The cryptocurrency circle is high-risk and you should be cautious when participating.
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