Greetings from the first week of the year's final month.
As I mentioned in my November analysis, 70k was just the beginning, and the upward movements created an excellent atmosphere for everyone. We've left behind a month where BTC couldn't quite touch 100k, ETH continued to show weakness, and XRP displayed its classic relentless rises. Now, we have a calendar filled with interest rate decisions, conferences, and Bitcoin discussions ahead. The European region and the US will be busy with interest rate decisions and inflation data in the second and third weeks of December. While ECB's 25 basis point cut is considered certain, there's less certainty about the FED. Additionally, Microsoft's shareholders will meet to discuss BTC, which will be significant news for Bitcoin.

Bitcoin
BTC, which hasn't quite touched the 100k price point, closed the last week with a decline. In November, we started seeing the expected movement as implied volatility rose 10% higher than anticipated. Everyone's wondering what the price will do in this month, which marks both Q4 and year-end closings.

It opened December at $96,500, and we can forecast monthly implied volatility around 37% and weekly at 15.4%. This shows us a monthly range of 61k to 132k, and weekly range of 82.5k to 112k. I think the 87k band will act as a pivot zone, with the 78k region serving as support below.

Put contracts are dominating for December 6th, with a Put/Call Ratio of 1.10. This week looks like it will be somewhat bearish, as typical for month beginnings. However, things look more positive for month-end.

December was quite positive during the 2017 and 2020 bull runs. In 11 years, it closed red 6 times and green 5 times - let's see if it will close green once more to even the score.

Ethereum
Despite showing more positive movement than BTC in recent weeks, I think it still hasn't shown the desired rise. It closed November with 5% volatility and approximately +9% increase. Its movement is progressing better compared to BTC.

ETH entered December at 3700, and we might see monthly volatility of 40% and weekly of 19%. Our price range is 2200-5200 monthly and 3000-4400 weekly. We can proceed with our game plan accordingly. The 3250 level will act as a pivot zone, with 3150 and 3000 serving as support zones below.

For December 6th, expectations for ETH are more positive, and call contract density is very high for month-end. The Put/Call Ratio is 0.48 for December 6th and 0.29 for month-end, showing a very bullish outlook. I think we shouldn't miss upward movements during pullbacks.

Let's see how we'll spend this month and whether our bullish scenarios will continue or if we'll take a break from the rises. What are your thoughts? We can discuss in the comments.

#MicrosoftBTCInvestmentVote #ETHOnTheRise #December

As we enter the 2nd week of December, we have left behind a week where the price was less volatile than the previous active month and the candles got smaller. I think the price will not make very sharp movements due to the end of the year and the end of the 4th quarter. I think the price will look for a place for itself a little more due to the possibility that the price will close very high and the sellers will load in the new year and month and the buyers will press very hard. It is likely to form a range with an up and down movement.
Bitcoin
We are in a phase where the price movement has slowed down considerably and the price is now starting to form a range.

I would consider it normal for the price to pull back to 15%. I expect the BTC price to enter the end of the month close to a price around this price. In pullbacks up to 82k, a contract can be purchased for the end of January.

Our implied volatility range this week is between 85.5k and 117k.

Ethereum
ETH, which touched its March 2024 peak for the first time after a long break, did not make a very sharp move, although it experienced a sell-off from here.

I think that ETH, which is still above the monthly opening, can find first supports at 3550-3600 and a good support again at 3300.

This week's implied volatility is 3250-4750.

ETHBTC
There is no change in the situation, it still has not been able to get above the purple box, but it looks very good. I think that an upward movement will come as long as it does not fall below 0.0384.

#MicroStrategyAcquiresBTC #December #AltSeasonBoom?

Token Delistings in 2025
Binance has announced that several tokens, including GFT, REN, IRIS, KEY, and OAX, will be delisted:Trading Ends: December 10, 2024Withdrawals End: February 12, 2025
The delisting is part of Binance's routine review to maintain high standards for listed tokens, prioritizing user safety and asset quality​Blockchain News​Binance.PEPE Meme Coin Listing
Binance.US has added PEPE, a popular meme coin, to its platform.Trading Started: December 5, 2024PEPE is now the third-largest meme coin, with a market cap of $8.8 billion, following DOGE and SHIB.
This listing reflects Binance.US’s strategy to offer diverse crypto investment options​Crypto Briefing.Partnership for USDC Expansion
Binance has partnered with Circle to accelerate the global adoption of USDC, a leading stablecoin.This collaboration aims to enhance liquidity and accessibility for users worldwide​Crypto Briefing.Bitcoin and Market TrendsBitcoin has reached $96,846, reflecting a 1.71% increase in recent trading.Binance continues to dominate the market, with inflows 40% higher than its top 10 competitors combined.
Summary:
Binance is actively working to improve its ecosystem by delisting underperforming tokens, expanding its asset offerings, and promoting stablecoin adoption. It remains the top platform for both retail and institutional investors​Binance​Crypto Briefing.
Let me know if you'd like details on any specific update!
#Binance_New_Update #December