$SONIC Single top, sell 1. After a period of rise on the daily K-line, preliminary stop of the rise 2. After a period of decline on the daily K-line, preliminary stop of the decline, rebound double bottom, buy 1. When the K-line is rising, if it opens high and falls back on that day, after the double bottom, it rises 2. When the K-line hits the bottom, if it opens flat and then falls back on that day, after the double bottom, it rises As a qualified trader Every time you open a position, you should consider three questions, Probability of rise Probability of decline Profit space If the probability of rise and profit space are not significant, opening a position will become meaningless.
According to Odaily, the U.S. November JOLTs job openings reached 8.098 million, surpassing the expected 7.7 million. The previous figure was revised from 7.744 million to 7.839 million. Following the data release, the U.S. Dollar Index (DXY) briefly rose by nearly 20 points, currently standing at 108.43.
1. Is the cryptocurrency world going to end? Recently, many posts in the industry that are pessimistic about blockchain are very popular. Many people outside the industry are asking me if the blockchain scam is over? People in the industry are asking if the industry has no future? What stage of the cycle are we in? Compared with good news, bad news is more likely to make headlines, and bad news is also more likely to get more traffic and attention. What is more worthy of ridicule than people in the cryptocurrency circle pessimistic about the cryptocurrency circle? These behaviors and emotions are constantly contagious, engulfing traffic and intensifying. Even some OG retirements have been magnified as evidence that "the cryptocurrency circle is over." Some industry-firm idealists also reveal anxiety and confusion in their chats with me.
Binance Market Update: Top Stories January 6, 2025
According to CoinMarketCap data, the global crypto market cap is $3.51T, a 0.85% increase over the last day.Bitcoin (BTC) traded between $97,277 and $99,892 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $99,114, up by 1.33%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include OSMO, INJ, and SPELL, up by 21%, 12%, and 10%, respectively.Top stories of the day:SOL Net Inflow to Centralized Exchanges Hits $227M, Raising Concerns About Bullish Momentum$100K Bitcoin Call Options Signal Bullish Sentiment Ahead of Trump’s InaugurationMacro Outlook: Non-Farm Payrolls to Drive Market Sentiment as Fed Takes a Cautious StanceMicroStrategy’s Michael Saylor Hints at Ninth Consecutive Bitcoin Purchase Amid Growing BTC HoldingsStrive Asset Management Files for "Bitcoin Bond" ETFGoldman Sachs Predicts Fed Will Cut Rates by 75 Basis Points in 202510x Research: Bitcoin Trump Rally Faces Federal Reserve Hurdles Ahead of FOMC MeetingMetaplanet Plans Significant Bitcoin Expansion by 2025Goldman Sachs Predicts S&P 500 to Reach 6500 Points by Year-EndWeekly Token Unlocks: APT, MOVE, and Others Set for Major Unlocks, with APT Worth Approximately $110MMarket movers:ETH: $3643.51 (+0.77%)XRP: $2.3767 (+0.23%)SOL: $213.58 (-0.37%)BNB: $714.86 (+0.88%)DOGE: $0.38323 (-0.51%)ADA: $1.0754 (-1.09%)TRX: $0.2629 (-0.49%)AVAX: $43.81 (+4.83%)SUI: $5.1407 (-0.21%)LINK: $23.39 (+0.34%)
Binance Launchpool Launches 63rd Project, Use BNB and FDUSD to Earn BIO Protocol (BIO)
Important: Binance will be the first platform to list this token, and trading will open on January 3, 2025 at 18:00 (GMT+8). Any claims of selling this token before the stated timeline are false advertising. Please do your own research to ensure the safety of your funds! Dear User: Binance Launchpool now lists the 63rd project - BIO Protocol (BIO), a decentralized science (DeSci) governance and liquidity protocol. Users can invest BNB and FDUSD into the BIO reward pool on the Launchpool website after 08:00 (GMT+8) on December 24, 2024 to receive BIO. The BIO activity will last for 10 days. The website is expected to be updated within about 12 hours of this announcement, before the activity opens.
🪙 Bitcoin turns 16: How crypto coin went from zero to trillion-dollar asset explained
🎂 Bitcoin is now 16 years old. If we were to choose the best-performing asset of the past decade, there is no doubt that Bitcoin would rank first.
From being worthless to a market value of over $2 trillion, Bitcoin has grown extensively in the last 16 years, so much so that Bitcoin has been the best-performing asset class in the past 11 years, data shows-Satoshi Nakamoto, a name used by the creator (or creators) of Bitcoin, mined the first Bitcoin block on Jan. 3, 2009.
This “genesis” block followed the release of a Bitcoin whitepaper on October 31, 2008, which laid the foundation for the now-leading cryptocurrency.
🌟16 Years of Progress
Since its inception, Bitcoin has undergone remarkable transformations that define its growth and influence.
🌟Adoption in the Early Day
Initially, Bitcoin attracted mainly technology enthusiasts. A notable moment in 2010 saw the first real-world transaction when 10,000 BTC were traded for two pizzas. This event underscored Bitcoin’s early value and its potential as a medium of exchange.
🌟A Dramatic Rise in Market Value
Bitcoin’s market capitalization has expanded significantly. By late 2024, it exceeded $1.42 trillion, placing Bitcoin among the top ten financial assets globally. This growth reflects its increasing acceptance and its role as a significant investment option.
🌟Interest from Major Institutions
Large corporations and institutional investors have embraced Bitcoin in recent years. This shift has added to its legitimacy, attracting a broader range of investors who view Bitcoin as a reliable and innovative asset.
☝️ As Bitcoin marks its 16th year, it stands as a symbol of the changing financial landscape. From its modest beginnings as a decentralized peer-to-peer payment system to its current status as a major financial asset, Bitcoin has transformed the way people think about money and digital transactions.
📌If you didn't catch up with this round of gains, it doesn't matter. As long as you have the green mountains, you won't be afraid of running out of firewood. Don't cut wood for a thousand days and burn it in one day. Don't increase your position in revenge trading. There will always be opportunities. #BTC #左侧交易有手就行 The next gambling opportunity is at 99600➕
Today's market finally raised its head. Last month, it was mentioned that the market would start to pick up after the 4th of this month. The current market is enough to reflect the importance of trend control, and the market has also responded to our waiting
From the trend, the big cake broke through the resistance near 98,000, supported at around 97,600, and then the resistance was at 99,000. If it breaks through and stands firm at this position, the big cake above 10 will appear again
Ether also broke through the resistance near 3510, and now supports at 3500, with upward resistance at around 3910. The breakthrough of Ethereum also brought a decent rebound to the entire cottage
With the recovery of the market, Taco has rich experience in ambushing the next hot sector. For those who are confused at the moment, you can pay attention to the homepage, so that you can have better gains in the current market
Can BTC price recover and surpass $100,000 this week?
Bitcoin is steadily approaching the $100,000 milestone as the cryptocurrency market turns bullish in January 2025. Bitcoin surged 1.42% in the past 24 hours to maintain its dominance above $96,000.
However, this gradual growth has not been met with significant institutional support from the ETF market. With BlackRock seeing its largest ever outflow, will Bitcoin price continue its upward momentum?
In the 4-hour chart, BTC price trend shows a bullish breakout of the local resistance trendline. With the reversal after the retest, BTC price bullishly recovered at the $96,000 level, marking its third consecutive up day.
BlackRock sees outflows as other Bitcoin ETFs recover Despite the bullish trend in the market, institutional support for Bitcoin continues to weaken. This has led to a net outflow of $242.3 million on a daily basis. Notably, the negative flow of the largest Bitcoin ETF BlackRock on Thursday was its largest outflow ever.
Bitcoin’s bulls may target the $99,455 pressure level. A breakthrough could significantly increase Bitcoin's chances of retaking the $100,000 mark in January 2025.
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