On December 26, the total inflow of funds into the US stock Ethereum spot ETF reached $117 million. Among them, the inflow of funds into#FETHunder Fidelity reached $82.962 million.
On December 26, the total inflow of funds into US stock Bitcoin spot ETFs reached $475 million. Among them, the inflow of funds into#FBTCunder Fidelity reached $254 million.
The trend follows Bitcoin; the daily candlestick is identical to that of the big brother, also showing a long bearish candlestick with short upper and lower shadows. The trading volume is the same as the previous day, without any increase, so this is a follow-up decline adjustment. Next, we still need to see how Bitcoin moves. If the price drops, it will still find support in the 177-180 area to form a rebound, but the strength of the rebound may not be as strong as before. After the rebound, it will continue to decline towards the 154-169 range to look for stronger support later, adjusting and oscillating before rebounding. Daily level resistance at 200-206.3-216.8-240-270, support at 186.4-178.5-169.3-152.3-168.5.
The movement of Ethereum follows that of Bitcoin. The volume of the recent rebound has been decreasing, indicating that the momentum is weakening. Yesterday, a long bearish candle with short upper and lower shadows was formed, suggesting that the price will continue to decline. The support level remains in the red box area. Returning to this position and continuing to oscillate and adjust for a period before gaining strength and continuing to rise would be healthier. The red box position (3020-3220) was mentioned before; it serves as a continuation platform for the daily level increase from November to December, so there will be strong support.
Bitcoin has experienced a decline and a pullback. Yesterday, during the day, it was in a downward consolidation. After a rapid decline in the afternoon, there was a brief rebound during the evening US stock market hours, followed by an hourly level consolidation. The daily chart shows a long bearish candlestick with short upper and lower shadows. The trading volume is about 1.5 times that of the previous day, but it is still at a relatively low level. The price will further decline, testing the support of the daily EMA52 line again, which is in the range of 92800-90000. Once it reaches this range, one can boldly enter the market and take advantage of a relatively nice rebound.
In the last 24 hours, a total of 114,663 overseas users were liquidated, with a total liquidation amount of $282 million. Among them, long positions were liquidated for $234 million, and short positions for $48.1973 million, primarily long positions. Among them, Bitcoin liquidations amounted to $61.525 million, altcoin liquidations to $54.8284 million, and Ethereum liquidations to $45.7842 million.
In the past hour, the total liquidations across the network amounted to $78.221 million, with long positions liquidated at $75.6457 million and short positions liquidated at $2.5755 million, mainly long positions. The total liquidation amount in the last 24 hours has risen to $308 million.
The administrator of Thailand's Khao Kheow Zoo #MOODENG tweeted that Ethereum founder Vitalik has donated 10 million baht (approximately 292,230 USD) to the zoo and has adopted MOODENG and his family for two years. This donation will be made in two installments, with the first donation scheduled to be completed on December 26, 2024, and the second donation's specific time will be notified within a year. As a result of this news, the #MooDengonEth on the Ethereum chain experienced a rapid surge, increasing by over 100%.
#the Current Spot Price 1.274, Light Position Buy Point Keep Watching Add Position: 1.2-1.1 Stop Loss: 1.05 Short-term Take Profit: 1.5-1.55 Medium to Long-term Take Profit: 2.3-2.94-3.7
#uxlink This trading strategy is exactly the same as the #TRBUSDT from back in the day~ The current contract rate is -2%, collected every 4 hours. The main force's long positions do not need to be closed, and there is a funding rate of 12% every day, which is quite profitable. Once the funding rate drops, just sell off in one go and that's it.
HODL15Capital has released on-chain activity since the launch of the Bitcoin spot ETF in the United States, with over 1.1 million BTC transferred to 'strong(er) hand' this year, including 9 new ETFs and MicroStrategy.
In addition, Grayscale GBTC/BTC has sold a total of 373,787 BTC, the German government has sold 50,000 BTC, and mining output has produced 209,683 BTC.
The daily chart of SOL is also a small bullish candlestick with a doji pattern, with trading volume being two-thirds of the previous day, and the trading volume has been continuously decreasing for several days, showing a trend similar to that of Ethereum. The daily MACD shows a weakening downward momentum close to the zero axis. If there is a large bullish candlestick in the next two days, it will present a golden cross state between the fast and slow lines, and the price will further rise. Regarding the upcoming trend, as mentioned yesterday, here is a repetition: the daily level will continue to rebound and rise, with the first resistance level around 210 and the second around 220. It is highly likely to make a slight pullback near 210 before continuing to push up to 220, then pulling back to 210 again, and subsequently oscillating widely within the 210-220 range.
The daily chart closed with a small bullish candlestick in the form of a doji, with trading volume about half of the previous day. Compared to the previous few days, trading volume has been shrinking, with small fluctuations and low volume, indicating a consolidation phase, which also suggests that a significant move is coming. The daily MACD has returned from a high point to the zero axis, showing a weakening downward momentum. If a bullish candlestick with increased volume appears in the next couple of days, a rebound at the daily level will occur. BlackRock continues to buy a substantial amount of Ethereum. Referencing their previous large purchases of Bitcoin, it indicates that they are optimistic about Ethereum's upcoming price increase. Following institutional moves can be beneficial.
Bitcoin yesterday formed a small bullish candlestick with a doji shape, and the trading volume was only about half of the previous day. There was not much change in price since many institutions and market makers are off work during the Christmas holiday, resulting in lower liquidity, so price fluctuations are minimal. The daily MACD is returning from a high position to the zero axis, showing a weakening downward momentum. The price is just a little bit away from $100000, and it is likely to go up. If there is a volume increase in the next couple of days, the price will once again challenge the $110000 key level. In January, Trump will officially take office in the White House, and the short-term positive expectations are still there. Don't be overly bearish; let's take advantage of this rebound first.
In the last 24 hours, a total of 94,504 overseas users have been liquidated, with a total liquidation amount of $197 million. Among them, long positions were liquidated for $112 million, and short positions for $85.3 million. Bitcoin liquidations were $31.59 million, altcoin liquidations were $29.80 million, Ethereum liquidations were $24.15 million, and #UXLINK liquidations were $20.88 million.
Grayscale Holding Altcoin Spot Large Range Points #mana Grayscale Holding Pullback 0.518-0.458-0.382 Buy Short-term Take Profit Level: 0.58-0.616-0.668 Medium to Long-term Take Profit Level: 1.1-1.625-2.12-2.81-3.98