The market maintains a high-level oscillation trend at the daily level to digest the overbought situation. At the hourly level, there will be short-term rapid declines and rises. The short-term rapid decline also leads to the decline and pullback of the copycat.
The political turmoil in the Big Stick Country cannot change the upward trend of encryption, and platform coins are skyrocketing!
President Smecta declared martial law last night. There is no doubt that the crypto users paid the price. Last night, the price of BTC on Upbit once plunged to more than 60,000 US dollars, which was simply unimaginable. Fortunately, it did not affect the market of other exchanges. However, if it was a contract user, the price would have dropped completely last night.
This round of bull market is still crypto-friendly, led by the United States. Unlike the FTX crash, the crypto industry itself has not encountered a crisis.
Upbit’s last night’s spike caused crypto funds and users to flee the United States, which was good for other exchanges. This morning, BNB OKB BGB all had different increases, with BNB soaring by 18%+.
Dog brother predicts that the altcoin market may see a general rise today, which is worth paying attention to!
Bitcoin is expected to continue to consolidate and remain in the range of 95,000 to 98,000 US dollars. As long as it does not fall below this range, the risk of decline is limited, and altcoins will have the opportunity to perform well.
Currently, Bitcoin has no obvious momentum to break through $100,000 in the short term, mainly constrained by the following factors:
1- The difference between large investors and institutions: large investors cash out at high levels, while institutions continue to accumulate funds.
2- Capital spillover effect: Part of the funds flow into altcoins, driving the altcoin market to start.
I recommend these tokens with unlimited potential:
According to the recent copycat logic, the US-based regulated coins are being fomo’d by the market. First there was $xrp $algo $hbar $ada, and then there was $rsr. The founders of these coins have just had contact with the Trump team, so the market recognizes them very much.
Among the Nifty currencies, $STX has not taken off yet, so you can pay attention to it. Then there are other related Nifty currencies such as $avax $apt $sui $link, etc.
$BNB also took off today. It is estimated that there will be good news again. Maybe today is the announcement of a new project. At the same time, the takeoff of BNB will drive the entire ecosystem. For example, the meme-first $why $cheems (ambushed on November 26, with an increase of 40%+) has already taken off. In the future, you can pay attention to other tokens in the BNB ecosystem.
» TRON ($TRX)
Market value: $33.352 billion
24-hour trading volume: $16.158 billion
TRX was listed on Binance and other exchanges yesterday, with a 24-hour increase of 92%, setting a record high.
Sun Ge's words "Everything has just begun" instantly triggered the rise of TRX! From $0.23 to $0.45, the market value of TRON has exceeded $33 billion, creating a historical high and successfully ranking 10th!
In addition, the TRON ecosystem has recently set off a wave of "Memecoin fever", which has attracted a large number of users to participate. This fever has brought more market vitality to TRX and also endowed the Memecoin ecosystem with a value-added effect.
This change gives TRX the potential to usher in a second wave of explosion at any time, similar to the performance of the SOL ecosystem in the past.
The meme craze has already had a very obvious impact on the public chain tokens. Coupled with the recent series of high-profile operations by Sun Ge, the founder of Tron.
» Curve DAO （$CRV ）
Market value: $1.406 billion
24-hour trading volume: $2.044 billion
The DeFi sector performed well, rising by more than 20% in the past 7 days
Curve Finance's token CRV led the DeFi sector with a weekly increase of over 50%. Among large-cap DeFi tokens, its performance was second only to THE, which was positively affected by Binance's listing, and Curve ecosystem protocol Convex token CVX.
Institutions such as BlackRock are betting on the Ethereum ecosystem and entering DeFi through the BUIDL fund. Curve is the infrastructure for DeFi stablecoin pairs and pegged currency exchanges. The market is betting on Curve's potential for institutional adoption.
The native token CRV has risen by 130% in a week
» Filecoin（$FIL）
Market value: $4.803 billion
24-hour trading volume: $1.786 billion
Fil takes the initiative to stop profit, each time taking a profit of about 5%, steadily locking in profits.
The darkness before dawn is the most tormenting. Things are getting better gradually. I continue to hold FIL.
As the absolute king project in the entire market that was forced to be listed by all exchanges including Binance at the first time, Filecion still has a strong foundation for global market appeal.
Filecion has been under development and working hard in recent years, and its code updates are second only to Ethereum (of course, Ethereum has also been criticized because its price has not increased).
There is nothing wrong with promoting Filecion. In the first quarter of next year, the Filecion mainnet will complete a major upgrade, the efficiency of the mainnet will be increased by 480 times, and Gas will be greatly reduced.
This means that everyone can also buy local dogs on Fil.
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