In the past 24 hours, there was a liquidation of 520 million dollars across the network, affecting over 160,000 people.
Amid Bitcoin's volatile decline, according to Coinglass data, in the past 24 hours, the total liquidation amount across the cryptocurrency network reached 529 million dollars, with long positions liquidating 386 million dollars and short positions liquidating 142 million dollars, affecting over 162,000 people.
Referring to the way Doge surged in the last cycle, there was a doubling rally at the end of December, and the real start was at the end of January, right after the new president took office.
In half a month, it surged tenfold, directly igniting the market sentiment for altcoins in the first quarter, and in February, March, and April, altcoins basically went crazy.
Looking back at Trump's shooting and successful campaign, the cryptocurrency market was very crazy, so the next major positive news will be Trump's inauguration on January 20th. It feels like ETH, DOGE, etc. will lead the altcoin season, and one can expect the market in the first quarter of next year!
Three altcoins may rise tenfold in the future!
PEPE forms a symmetrical triangle: Is a bullish breakout imminent?
PEPE has risen 93.5% in the past 14 days and formed a symmetrical triangle, indicating a potential continuation or reversal. Consolidating above the Point of Control (PoC) shows strong buyer interest. As it approaches the apex of the triangle, expectations for a breakout are growing stronger, and a closing price above that point could lead to a 30% price increase.
Traders should look for confirmed breakouts and retests of the upper boundary of the triangle to support a bullish outlook. The token value of PEPE has also shown a golden cross, with the 50-day moving average exceeding the 200-day moving average, which is a strong bullish signal. The rise in trading volume indicates strong momentum and buyer interest.
XRP price soars above 1 dollar.
XRP's price recently soared above 1 dollar, marking a critical moment in this legendary cryptocurrency bull market. Analysts attribute this astonishing surge in XRP's price to increased institutional interest and favorable regulatory developments.
As XRP's price rises, analysts point out that this reflects the general optimism in the cryptocurrency market. With the continuation of the cryptocurrency bull market, analysts expect XRP's price to keep rising, attracting more investors eager to tap into its potential.
The momentum brought by this cryptocurrency bull market may enhance XRP's price attractiveness, making it a focal point for traders and investors. Analysts believe that as more participants enter the market, the outlook for XRP's price remains bright, solidifying its position in the evolving cryptocurrency space. Investors are closely monitoring XRP's price, and analysts expect further increases as this legendary cryptocurrency bull market unfolds.
Dogecoin (DOGE) price is expected to grow.
Following the outstanding performance of XRP's price, Dogecoin's price is expected to benefit greatly from the current legendary cryptocurrency bull market. This meme-inspired cryptocurrency has shown extraordinary resilience and received strong support from the community, which could drive its price up.
With the positive shift in market sentiment, analysts predict that Dogecoin's price may soon recover to its previous highs.
As the cryptocurrency bull market progresses, Dogecoin's price may become a favorite among investors eager to capitalize on the cryptocurrency frenzy. In this legendary cryptocurrency bull market, Dogecoin's price has growth potential and is worth close attention.
With more and more investors entering the market, the outlook for Dogecoin's price remains positive, solidifying its position in the evolving cryptocurrency space. With each increase, Dogecoin's price continues to attract attention, making it a key player in this exciting market.
The crypto space has always been a process of survival of the fittest, a process of sifting through the sand! If you want to avoid being eliminated, you must make changes!
Every penny you earn is a realization of your understanding of the world; every penny you lose is due to your cognitive shortcomings. The greatest fairness in this world is that when a person's wealth exceeds their understanding, there will be 100 ways for society to harvest you!! Until your understanding and wealth match.
Waiting for a bull market is the most exhausting!
But if you wait until it arrives, you'll know what it means to go from suffering to joy. Everyone must not leave the market; the hard days are about to end, and a raging bull market is coming!