Today's article simply says that there is no status.
The PMI data in November hit a new high, with the service industry PMI hitting a 32-month high. Economic activities continued to expand and the future economic outlook is optimistic.
Economic optimism is definitely good for the current cryptocurrency market, but it may have a slight impact on the pace of interest rate cuts, but overall it is harmless.
Next, Bitcoin may directly break through 100,000 at some point in time.
The pace of Bitcoin is so fast that we hardly even have time to react before it takes off.
Technical analysis has become invalid for Bitcoin. It is almost a vertical upward line. The only resistance above is 100,000. After it stabilizes completely, 120,000 may be reached around the Spring Festival.
It seems that we don’t have to wait until the end of the year to reach 100,000. By the end of this month, Bitcoin may reach 100,000 again.
2,
Some media reported that SoL ETF has made significant progress and the US SEC authorities are processing the S-1 documents submitted by institutions.
You may see a 19b-4 filing submission next.
Many institutions are also preparing for the sol ETF...
All signs indicate that Sol ETF may be passed. As for when, the optimistic estimate is March next year.
This application is very worth looking forward to.
Because Trump favors cryptocurrencies and plans to set up a special government department for cryptocurrencies.
Of course this is just news and has not been confirmed.
But the actions of the institutions prove everything.
For us retail investors, we must hold on to the SOL in our hands and never throw it away no matter what happens.
There is a very high possibility that it will reach 800 in this bull market.
3,
There is also some good news: Gan Gan is finally leaving.
The most direct enemy of the cryptocurrency circle is finally going to resign and leave, and everyone in the cryptocurrency circle is celebrating.
However, he will not leave until January 20 next year, and the time in between is left for Trump to choose a candidate.
From the current perspective, almost all core members of Trump’s team support cryptocurrencies.
Based on this, in the next four years, cryptocurrencies may grow to heights we can never dream of.
It's just as magical as how Bitcoin directly rushed to 100,000 in a very short period of time.
The altcoin season is also slowly brewing, and the consecutive explosions of Ripple and ada have already given the market a signal.
Taibai said that Ripple is okay. It cooperates with physical banks and its cross-border payment business is booming. I am not surprised that it has risen. But for ada, frankly speaking, almost no one plays this chain anymore. Many people say that it is a dead chain.
But this series of outbursts slapped everyone in the face.
However, don’t chase high prices. Once the market pulls back, the higher you fly, the harder you will fall.
You can choose to take profit, but you cannot chase high prices. This is the iron rule of cryptocurrency investment.
Finally, I will not update any articles as usual on Weekend Thirteen, but I will send text messages on the square and x, so please pay attention.