Yesterday we were still talking about LPT and BAT, and today these two have really made me proud by climbing the charts! Many people don't understand why they are rising, but there are indeed patterns to follow. For example, when the market leaders BTC and ETH start to rally, altcoins will also gradually take off. These two are also favorites of Grayscale. Previously, several other coins that Grayscale invested in surged, while these two were relatively quiet. Their market capitalization isn't large, and they coincidentally caught the wave of interest in Zen. Grayscale's investments have gained a lot of recognition, and since these two haven't really rallied, it presents an opportunity. Perhaps most KOLs are shouting about LPT, while there is less focus on BAT. Attention to coins during the previous bull market was also quite frenzied; I wonder if this round can continue that madness. On Christmas Day, I've also brought some benefits for coin friends, so please be patient and wait for opportunities in other sectors that haven't seen growth. Comment in the comment section about BAT to receive a Christmas red envelope.
Yesterday, the US Bitcoin $BTC spot ETF had a net outflow of 226.42 million US dollars, with a net outflow for 3 consecutive trading days.
Yesterday, the US Ethereum $ETH spot ETF had a net inflow of 130.11 million US dollars, successfully reversing the net outflow trend of the past two trading days.
This phenomenon shows that while funds flowed out of BTC, they flowed into ETH, which is a necessary condition for starting the altcoin season!
For a long time, after the ETF was passed, OTC funds can flow into Bitcoin continuously!
But for altcoins, only on-site funds flow.
💵💵So many times it will appear: Bitcoin rises alone, and altcoins do not move!
Now let's borrow the eyes of data to see if we can, like at the beginning of the month, funds can be sold out of Bitcoin to bring liquidity to other currencies!
From today's point of view, the ETF data shows that Bitcoin flows out, but Ethereum starts to flow in!
This is a good signal!
🏦🏦🏦Please start the Shanzhai Season, the leeks have been suffering for a long time!
$DF , the sustainability effect of the counterfeit is reflected in the rise rankings. Unless it is a 'v-reversal' formed in a single day, there is usually a certain duration of continuation, such as $USUAL , $ZEN . Following this line of thought, the current trend of df looks good; if it pulls back to the ma and forms a reversal, it can be entered with a good expectation of profit and loss ratio.
Why did it suddenly pull up? What does it mean? I don’t understand.
Let me tell you something important. If others go to the festival and you are playing, then you have one more chance than others. Never give up. Come on. Xai The third stage will end in 8 days.
Brothers, did last night’s review and summary give you the confidence to buy at the bottom? If you followed it, I believe Manager Qi made money in the early trading.
I've held it for too long. I bought it in August and bought it again in November at 2.2+. $FTT It looks like it's finally moving. This thing has a large amplitude. Those who don't have it are at 2.8-3.
🧧👇The last rebate was sent on December 14th, but which record got removed for me, what a pity.
There will be another one this month, probably around December 30th, it may also come earlier.
If you still have no commission, you can consider using the Binance referral code: LZGTW8JJ Or register using the link below #返佣
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Wishing everyone a happy and joyful Christmas Eve 🎄🧑🎄 I am also starting my week-long Frozen holiday... I will update my status with any thoughts during this time. #BNB
First of all, through last week's market consolidation, Long Ge believes that the rhythm of the market will change, meaning that ETH will gradually take over the market, and BTC's market share will decrease. It does indeed seem that BTC is performing weakly while ETH is relatively stronger.
After all, BTC is still BTC, as it is the leader. So if BTC continues to decline and needs to consolidate, the overall market will still head downward, just with the question of which one rebounds faster.
Returning to the market, let's take a look at BTC's trend: on the daily chart, there are no signs of stabilization from the candlestick perspective; it has been moving downwards in small steps, and all the candlesticks are bearish. The MACD does not currently show any signs of turning upwards, and the moving average system may likely go back to test the MA60. Furthermore, the AO momentum indicator has crossed below the zero axis; since starting from over 40,000, the AO momentum indicator has been above the zero axis, and this downward crossing is likely to require an adjustment.
The daily chart for ETH is clearly stronger, with both MACD and KDJ indicating a golden cross. During the decline, it directly fell to the support of the Vegas channel and also tested the MA60. The daily chart closed with a bullish candlestick yesterday, indicating a trend for further upward movement.
In this rhythm, we can observe the MA60 on the daily chart. BTC is weak, and after ETH rises, it will follow BTC for a retest, confirming at the MA60. The overall market's rise will likely not happen until the middle of next month. In summary, watching BTC's trend, the altcoin market still needs attention. If it breaks below 90,000 again, will there be a lot of panic?
⚡️The Russian government has banned mining in 10 regions until 2031.
“A list of regions and territories where mining will be banned from January 1, 2025 has been approved. The restrictions will be in effect until March 15, 2031. The list of such regions includes Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, the DPR, LPR, Zaporozhye and Kherson regions. Mining will also be banned in some territories of the Irkutsk region, Buryatia and the Zabaikalsky Krai — during peak energy consumption.”
Another project is changing its name Fantom ($FTM ) is changed to Sonic (S) The old and new tokens are mapped 1:1, no action required, Binance will automatically exchange. Nowadays, more and more projects are taking different ecological routes, and some will also change their names. Changing names is considered a semi-positive news during a bull market. ㊗️ Wishing everyone a peaceful Christmas Eve 🤶 Happy
Recommended $BAT , enter around 0.23, after this round of pullback, the small level is currently showing a bullish trend, has broken the downward trend line of this round of pullback, the market cap is not large, grayscale holding cryptocurrency.