On Christmas Eve, the US stock market seemed to be under a spell, soaring after the opening, and our Bitcoin was not to be outdone, jumping from $94,000 to $99,000, a full 6% increase! Air force brothers, this time you really took a big fall! Are the foreign friends busy stocking up on 'New Year goods' before the holiday, or do they not accept gifts during the New Year and are just set on BTC as 'digital gold'? Anyway, this wave of Bitcoin is really comfortable.
How will the market perform during these days around Christmas? Come, come, let's discuss your opinions! This article is just a personal recap and is not investment advice! Everyone can just enjoy it casually.
Speaking of Bitcoin, I think it might fluctuate between $94,000 and $100,000. Although market sentiment is still a bit tense, the panic has eased significantly. To break the current stalemate, substantial trading volume in real money is needed!
As for BNB, it has been steadily consolidating between $670 and $710, and when it rebounds, it does so fiercely! The latest BIO locking activity showcases the strength of the golden shovel, with six consecutive airdrops, directly attracting those who were scared off by altcoins, as well as friends who weren't too keen on Bitcoin and Ethereum rebounds, into the embrace of \u003cc-13/\u003e. In the short term, BNB has become a safe haven for many!
Looking at the big brother of altcoins, Ethereum (\u003cc-20/\u003e), it is also impressive, leading a group of younger ones into battle, and the entire market seems to be warming up. I think it will hover between $3200 and $3700, showing a more stable trend than Bitcoin. I heard that institutional ETFs made significant purchases last night, indicating that institutional big shots are still optimistic about Ethereum's future!
Some important news:
1. According to data, the DEX trading volume on the Solana chain has exceeded $100 billion this month, with Pump.fun accounting for 62% of the Solana DEX trading volume in November.
2. Data shows that there are less than 1.2 million Bitcoins left to be mined, with the circulating supply exceeding 19.8 million. Currently, the circulating supply of Bitcoin has reached 19,800,490.63 BTC, and the amount left to be mined is 1,199,509.375 BTC.
3. According to Lookonchain monitoring, since Bitcoin first broke $100,000 on December 5, Mt. Gox has been transferring 200 to 300 BTC to B2C2 Group every weekday. So far, Mt. Gox has transferred a total of 3631.87 BTC to B2C2 Group, worth approximately $364 million.
4. Grayscale has announced the private placement of 22 cryptocurrency trust products open to qualified investors, including mainstream tokens such as AAVE, AVAX, LINK, SOL, XRP, as well as fund products in sub-sectors like DeFi and AI. Investors can subscribe at net asset value (NAV).
Looking back at today's daily \u003cc-44/\u003e market analysis, the 1-hour K-line is about to decline or adjust, the 4-hour K-line is on the rise, the 12-hour K-line is on the rise, and the daily K-line is about to show a downward trend, with an intraday resistance level of $10,700 and a support level of $95,600. \u003ct-46/\u003e\u003ct-47/\u003e\u003ct-48/\u003e
