❗❗❗ Cryptocurrency Market Highlights

Current on-chain data shows positive signs, with BTC outflows from exchanges and stablecoin inflows. After 500,000 liquidations and a sharp drop, the market is rebounding. Due to the situation in Syria and Iran's concerns about the future, there are reports that Iran plans to regulate cryptocurrencies. Not only the United States, but also countries like Russia and Iran, which are sanctioned by the U.S., are rethinking the value of cryptocurrencies, such as using them to resist sanctions, and are getting involved in crypto assets.

MicroStrategy disclosed on December 9 that it bought at an average price of $98,783, with a total holding cost of $60,324.

Market analysis is as follows: First, the bull market is still ongoing and may last for about a month, but attention should be paid when Trump is elected on January 20. Second, investors should consider a 50% long-term position, with assets like BTC, BNB, Sol, ETH, and Uni suitable for long-term holding. The market is currently in a dilemma, often correcting as the year-end approaches, and the positive news before Trump takes office may be hyped. The altcoin bull market just began a month ago, and short cycles will not conclude quickly, so a five-layer position can be maintained.

In the short term, next week’s Federal Reserve interest rate cut on the 4th is a potential turning point, where positive news may be realized or there could be minor negative impacts. On-chain, U's continuous issuance is ongoing, with 1 billion issued yesterday, and whales are bottom fishing, as seen with MicroStrategy's actions on the 9th, along with BTC trading in and out of exchanges. There's also a small tip: during a decline and rebound, if Bitcoin rises alone, one can open long positions in Ethereum, as Ethereum will rise when Bitcoin's growth stagnates.