Bitcoin has hit a new high, but most altcoins are in a correction, especially those on CEX, which are almost all in a state of decline.
Ethereum institutional funds continue to increase their holdings, and the target is still $4,500. Compared with the high Bitcoin, Ethereum's return potential may be more attractive. Given its solid position in application areas such as DeFi and decentralized trading, Ethereum is still an asset worth allocating in the long run.
Ethereum's turnover period has ended, and it will enter an acceleration phase next. First, Ethereum will rise, opening up space for altcoins, and altcoins will follow suit. Now Ethereum seems ready to pull the market, and the eyes have become more determined!
Some An is always chasing trends at the end of their popularity In the first half of the year, they launched the inscription market at the end of the inscription period, and it ended up in chaos Now, when the meme trend is clearly in decline, they are launching Some An Alpha As the first, does Some An have its own ideas? This round gives the impression that they just want to ride on whatever is hot, but in the end, they didn't ride on anything Some An has the ability to create trends on its own, rather than chasing trends; it should focus on building a Bitcoin ecosystem or improving memes.
Ethereum spot ETF regulatory restrictions: Currently, spot ETFs cannot pledge ETH, which is due to regulatory uncertainty. With Trump likely to regain power, the market expects him to provide clear guidance for cryptocurrency regulation, which may promote institutional and traditional financial participation in ETH staking and enhance ETH's attractiveness as a long-term income asset.
Ethereum supply growth and transaction fee burning: Although the total supply of ETH has hit a new high since April 2023, the amount of ETH burned through transaction fees has risen since September, indicating that supply growth has flattened.
The importance of ETH in crypto investment: The DeFi project launched by the Trump family emphasizes the importance of compliant DeFi. The Trump family's fund prefers ETH as its main holding asset, and traditional capital also favors ETH. When BTC prices fall back in the future, ETH's cost-effectiveness will appear more attractive.
There was a strong repetitiveness in the afternoon. At present, it has stepped back to the support range of 102800. If it effectively falls below here, the room for decline will be relatively large. The area with concentrated chips below is 96000-98000 as the limit support, which is the last line of defense for bulls.
In short, it is not easy to go long if it falls below this range. Continue to look at it from a shock perspective and buy low!
The subsequent ideas focus on whether 104000 can be recovered and stand firm at 105000. After the recovery, the focus of the subsequent layout is still ETH, as well as some relatively strong copycat AAVE LINK. If it cannot stand firm, you need to wait for the news in the early morning of the US market, and then short sell and follow the good news to see that the waterfall washes out the long market!
The short-term fluctuation has a great impact. Don't be impatient. Stay calm and don't move if there is no obvious signal!
1. Once BTC starts to fall, it will not end in the short term. It will take some time to adjust and accumulate strength before rising. There is no profit in the short term.
2. Support areas 102666 and 101578. These two positions may show stop-loss signals.
3. Cherish the opportunity below ETH 3800. There is certain support at 3820 and 3750 in the short term.
4. BTC ETF had a net inflow of US$490 million yesterday, and Ethereum ETF had a net inflow of US$140 million.
5. The new address first established a position of 3.29 million ENA, worth US$3.75 million. It is the leader of the Ethereum series and the currency held by Trump. It can be configured on dips. Every 5 points of decline can be invested.
6. Arthur Hayes: The market is expected to plummet around January 20, and Maelstrom will reduce his position in advance.
7. Founder of DeFiance Capital: DeFi may usher in a revival in 2025. Pay attention to this sector AVAX, LINK, UNI, AAVE
The performance of FUEL airdrop was a little worse than expected, but it was okay.
If you have top-level NFTs, it is really a sure win, and a single address can get more than 20,000. However, addresses with NFTs are not so good, and the returns are much different.
Those addresses with deep interaction, airdrops of more than 5,000, or even addresses that experience the entire ecosystem, earn more, after all, the gas fee is almost free.
If you simply deposit 200U for the first phase, and then cross the chain to the second phase, and never move, you can get more than 800. And those who come early in the first phase can get at least 50% of the returns, and those who come late can only get back by rushing for the second phase points.
I didn't do anything about the test network. The requirement is to be active after the 16th. As a result, most of the script heroes were backed, and a few studios that have been running all the time were happy.
It is mainly to back those who deposited money late and did the test network. The reality is that most of the airdrops are still given to those who deposited money, and everyone has a lot of opinions. If you give higher weight to ecological interaction, it will be said to be a rat warehouse. In general, when you are working hard on ecological interaction, airdrops still tend to deposit addresses; and when you want to earn deposits safely, airdrops are all given to addresses with deep interaction.
This time, the 1 billion airdrop was distributed to 200,000 addresses. Everyone thought that they could at least get 5,000. In the end, there was no equal distribution at all, but it was directly divided into the rich and the poor, and those who were flooded died of floods, and those who were drought died of drought.
On December 16, 2024, ETH broke through the $4,100 mark, and its market value rose wildly! But the good times didn't last long, and the selling pressure came one after another, which was dazzling.
Why is ETH so strong?
To put it bluntly, there are three major reasons: institutions and retail investors are scrambling for it, DeFi applications are very popular, and the technical upgrade of Ethereum 2.0, these good news have made ETH a hot spot in the market.
However, a fast rise also means a fast fall. Those who bought ETH early saw that the price was so high, and they must have thought about cashing out and leaving quickly; some people played with leverage, but as soon as ETH rose, their short positions were forced to close; plus after the upgrade of Ethereum Shanghai, validators can withdraw the pledged ETH, which is another wave of selling pressure.
In addition, once the market sentiment fluctuates and the global economic situation changes, the price of ETH will fall sharply.
But we have to be rational and not be scared by short-term fluctuations. Ethereum 2.0 is still advancing, the potential of DeFi has not been fully tapped, and institutional investors are still joining. These are all good signs for ETH's future rise. Short-term fluctuations are only temporary, don't be confused by them.
So what should we do?
It's very simple. Don't invest all your money in one place. Diversify your investments to reduce risks. If you are optimistic about the future of ETH, don't be scared away by short-term fluctuations. Long-term holding is the kingly way. Set a bottom line for yourself. If it really falls, you can stop losses in time. You also need to pay more attention to market dynamics.
Although ETH has recently encountered some resistance near $4,000 and market sentiment is bearish, the market is always unpredictable.
3 AM, Federal Reserve interest rate decision Funds for FTX claims next month will be returned to users The stock market, including ETFs, will be closed on Christmas Day, the 25th of this month Trump will take office on the 20th of next month There are both positive and negative factors, so just place orders and wait for price spikes. Here are a few sectors: MEME, AI, DEFI!
On December 18, Bitcoin continued to hit new highs, while altcoins performed poorly, causing considerable anxiety among altcoin holders.
2. Reasons Altcoins Are Not Following the Rise
Capital Flow: More funds are flowing into Bitcoin, leaving altcoins short of capital.
Market Risk: With Bitcoin reaching new highs, large investors fear a correction that could collapse the market, making them hesitant to invest in altcoins.
Profit Adjustment: The last round saw altcoins double, and now there is a need to adjust and take profits, as well as to change hands.
3. Timing for Altcoin Increases
In the past, when Bitcoin reached new highs, altcoins did not follow suit; they typically need Bitcoin to correct and consolidate for over seven days before they can rise. Currently, altcoins have been consolidating for 10 days since December 7, and they may still need another two weeks; it is not yet time for a rise.
4. Key Time Nodes and Impact
At 3 AM tomorrow, the Federal Reserve will announce its interest rate decision. If rates are successfully lowered in December and signals are released for future rate cuts next year, Bitcoin prices are expected to stabilize.
5. Advice for Altcoin Holders
For friends holding altcoins, it is still necessary to patiently wait for 1 to 2 weeks for the hope of an altcoin rise to emerge.
Although ETH has experienced continuous net inflows, it still cannot withstand the eight spot trading pairs launched by BN in just half a month. The introduction of these trading pairs has undoubtedly caused a severe impact on ETH's liquidity, ultimately leading to the collapse of the altcoin market.
From a technical perspective, ETH is currently retesting its key trend line and important support level. The current pullback may be nearing its end. From last night until now, ETH's price has shown a wave of fluctuating downward movement, and after three waves of decline, the pullback may be close to concluding.
As for altcoins, their liquidity is indeed weak. Currently, with the addition of high-valued junk coins, the liquid funds in the market are being rapidly withdrawn, leading to a significant decline in altcoins, which have no investment value at all. All we can do is wait for the opportunity for market recovery.
The December Fluctuation is the Last Train to Spring
1. BTC has continued to reach new highs, but some upward momentum is weak.
2. ETH and altcoins are in a consolidation phase after a major liquidation, expected to retest levels; strong coins are unlikely to fall below the liquidation lows, while weak coins may break previous lows, a good opportunity for a low buy on dips.
3. Altcoins will fluctuate and consolidate in December, with a blossoming spring expected in the first quarter of next year.
Cherish the days when Bitcoin is stagnant and altcoins are plunging. In this phase, choosing the right value coins will help you welcome next year's big surge!
Are you feeling upset, my friends, seeing Bitcoin not dropping much while altcoins are crashing? This morning, I saw everyone criticizing altcoins!
Don't panic, my friends. Hold onto good value coins. Every time there is a drop, bravely look for value coins, and hold them tightly so you don't get shaken out!
Remember, every drop now is for a better rise in the future. Choosing the right targets is more important than anything!
Last night, the large pancake once again broke through to a new high around 108,400. Currently, the market indicates that a washout selling pressure has emerged. Here we are watching to see if it will continue to break through after consolidating. After all, it seems to be a bit stuck in a downturn. In any case, breaking out of this unsuitable trading situation is a good thing.
The situation of altcoins under the blood-sucking of Bitcoin: the market and challenges of multi-chain projects!
1. VANA price trend
It first rose strongly to 35 and then quickly pulled back to 20. It was unstable due to various factors, which caused investor sentiment fluctuations and changes in market forces.
2. MOCA price changes
Upbit landed on many exchanges after its launch but failed to continue its upward trend and returned to its initial level. It was due to the lack of intrinsic value support and supply and demand balance.
3. BNB chain airdrop impact
Continuously receiving PENGU and CAT airdrops as an incentive mechanism to inject vitality into the ecosystem, which can attract users, enrich trading varieties, and drive trading heat.
4. HYPE ecological situation
Recently, it has been strongly and continuously rising with its unique ecological architecture, application scenarios or operating strategies, and has attracted attention. If it continues to be good, it is expected to lead coordinated development.
Ethereum successfully broke through $4100 last night, setting a new high since March of this year. This breakthrough marks a further strengthening of Ethereum, with the next target directly aimed at its historical high of $4800.
If Ethereum can break through the historical high of $4800, it will enter a relatively resistance-free upward phase, and the market may continue to expand to new highs.
Unveiling the myth of getting rich by buying altcoins: a competition of probability and strategy
In the ocean of digital currencies, stories about getting rich by buying altcoins are always exciting. From the 150-fold increase of "Dogecoin" to the crazy performance of various altcoins, these stories have undoubtedly aroused the dream of countless investors to get rich.
However, what is the truth? What is the probability of getting rich by buying altcoins? Compared with Bitcoin and Ethereum, which one is more worth investing in?
First of all, we have to admit that the surge in altcoins does exist, but this does not mean that everyone has the opportunity to become the lucky one. As you said, in order to achieve a hundred-fold increase in altcoins, many conditions need to be met:
1. Courage and gambling: It takes great courage and gambling to dare to go all-in on an altcoin. This investment method itself is full of high risks.
2. Vision and luck: It takes unique vision and great luck to choose a currency with a hundred-fold potential among hundreds of altcoins. This is not an easy task.
3. Mentality and determination: Facing the violent fluctuations and numerous pullbacks of altcoins, being able to remain calm and hold on firmly requires a very high mentality and determination.
1. First, adjust your mindset. Treat trading cryptocurrencies as a game, regardless of gains or losses. Only in this way can you trade cryptocurrencies easily in the market.
2. Use spare money for trading. The funds used for trading cryptocurrencies must be spare money that won't affect your daily life. Trading with spare money allows you to take risks without stress.
3. Make the most of your time to learn. If you want to trade cryptocurrencies well, quickly understand practical technical indicators and strategies. Engage in more practice and summarize your experiences.
4. Be cautious in your initial trades. As a beginner, your funds are limited, so effectiveness is crucial. Especially for your first trade, prepare carefully to ensure a successful debut. Before trading, utilize simulation systems for practice, and only enter the market after gaining some experience. Otherwise, you might find your capital trapped or cut losses immediately upon entering, which can severely impact your confidence.
5. Protect your principal. Trading with the profits you earn will make the process easier and allow you to trade more freely.
As Ethereum and Binance Coin (BNB) re-test historical highs, the cryptocurrency bull market accelerates
Highlights The Binance ecosystem has been thriving due to DeFi projects and memecoin projects, which have increased the overall demand for BNB during the current altcoin season. The price of BNB has successfully re-tested the bullish breakout of previous historical highs and may soon enter the parabolic phase. In the past 24 hours, the price of Ethereum (ETH) has surpassed $4,000, reigniting the sentiment of a parabolic bull market across the entire altcoin industry. Major altcoins led by Binance Coin (BNB) and Solana (SOL) have signaled the start of a macro bull market after re-testing the historical high points of 2021.