【Trending: ZEN Heat Rising, 24H Increase 7.16%】

The heat ranking shows that ZEN's popularity remains the same as yesterday, ranked first, with the heat ranking as follows:

① ZEN($31.42, 7.16%)
② BGB($7.75, -4.44%)
③ UXLINK($1.68, -4.00%)
④ LPT ($16.30, 2.84%)
⑤ PNUT($0.6254, -0.49%)

#zen #BGB #uxlink #lpt #Pnut

On December 29, according to GMGN market information, AI tokens experienced a widespread increase, with multiple currencies hitting historical highs!

#AIXBT : At one point reached a historical high of $0.4856, then slightly retreated, currently reported at $0.4809, with a 24-hour increase of 28.9%.

#FAI : After surging to a historical high of $0.0299, it adjusted, currently reported at $0.0293, with a 24-hour increase of 27%.

#ARC (AI Framework Protocol): Current quote is $0.2946, up 22% in the past 24 hours.

#SWARMS (AI Multi-Agent Collaboration Protocol): After reaching a new high of $0.03882 during the session, it retreated, currently reported at $0.03736, with an astonishing 24-hour increase of 49.5%.

#AI板块 has strengthened overall, with multiple projects repeatedly hitting new highs, market enthusiasm continues to rise, and there may be more breakthroughs in the future!

#ETH Market Analysis (4H)

Currently, Ethereum's four-hour chart shows a sideways consolidation state, with prices oscillating between the Fibonacci levels of 0.382 and 0.236, specifically in the range of 3270-3430. Early this morning, the price briefly tested around 3430 but failed to break through, and it is still consolidating within that range. These two points need to be closely monitored tonight.

In terms of trend: the current bottom is in a sideways range, and there is a triangular consolidation pattern on a smaller scale, which is nearing a key breakout zone. Attention should also be paid to the rebound resistance around 3560, as this will determine the direction of the market moving forward. Ethereum may be ready to initiate a strong upward movement!

#LEVER🔥🔥

The current $lever price is 0.00193, it is recommended to open a long position. Set the stop-loss at 0.00182, and the target price above 0.0022.

Keep up with the pace, strictly execute the strategy! Remember to take profits in batches, pay attention to position management, market fluctuations can happen at any time, and be sure to control risks. Let's make money together!

12/29 #BTC Mainstream Currency Analysis

From the 4-hour chart structure, Bitcoin's decline has shown signs of stopping, but according to the current trend, the market still maintains an effective downward structure. The support level is slowly moving up, while the bears' volume is gradually contracting, and the price is returning to the correction phase.

This process may take some time, with short-term support around 93500. The market may consolidate or pull back around this support. The size of the pullback space will determine the nature of the correction; if the space is large, a deep adjustment may occur; if the space is small, it may primarily undergo lateral consolidation.

After the rebound, if the price touches the upper range of 95600-96500, it can still be viewed as bearish, with the lower targets focusing on 93500 and around 92500.

#Toncoin Price Analysis

The rebound of Toncoin (#TON ) is facing selling pressure from the moving averages, which shows that bear selling remains strong at higher levels.

The 20-day EMA ($5.84) has leveled off and the RSI is just below the midpoint, showing a balance between supply and demand in the market. This increases the possibility that Toncoin may fluctuate in a range in the short term.

If buyers can push the price above $6.10, the TON/USDT pair may rebound to $6.50 and further rise to $7.

#Chainlink (#LINK ) Price Analysis

Chainlink (LINK) fell on December 26, breaking through the $23 support level, indicating that bearish pressure remains.

The 20-day EMA ($23.89) has begun to turn down, and the RSI is slightly below the midpoint, showing a slight advantage for the bears. The LINK/USDT trading pair may test the strong support level at $20. Buyers may vigorously defend this support level, as a drop below $20 would complete a bearish head and shoulders pattern (H&S), in which case the trading pair could fall to $16.

If buyers wish to regain market dominance, they must push the price to break above and maintain above $27.50. This would provide the possibility for a rebound to $31.

Price Analysis of #AVAX

The rebound of Avalanche (#AVAX ) appears unstable near the moving average, indicating that the bear market continues to sell off during the rebound process.

The downward 20-day EMA ($42.11) and the RSI in the negative territory both suggest that the bear market is still dominating the market. The current support level is at $35.50, with another support level at $33.50. If these support levels are broken, the AVAX/USDT pair may further decline to $30.50.

If the price breaks above and closes above the 20-day EMA, it will be an initial signal of a rebound. This may drive the price back to the 50% Fibonacci retracement level of $44.70, with further upside to the 61.8% retracement level of $47.31.

#ADA Price Analysis

The rebound in Cardano (#ADA ) failed to break the neckline of the head and shoulders (H&S) pattern and the price turned down, indicating that the bears are still in control.

Bulls are likely to defend the $0.80 support with all their might. If the price rebounds from $0.80 and breaks above the 20-day EMA ($0.96), it will indicate that the correction may be over. A break above $1 may force aggressive short covering, which in turn may drive the price to $1.20.

On the contrary, if the price continues to decline and breaks below $0.76, it may mean the resumption of the downtrend and the ADA/USDT pair may move down towards the pattern target of $0.50.

#doge⚡ Price Analysis

The rebound strength of Dogecoin (DOGE) is insufficient, and it even failed to touch the 20-day EMA ($0.35), indicating that the bear market sells off at every slight rise.

Currently, there is some support around $0.30, but if it falls below this level, the DOGE/USDT currency pair could further decline to the 61.8% Fibonacci retracement level of $0.27. In this area, buyers may defend, and support levels may form between $0.27 and $0.23.

If buyers want to prevent further declines, they need to push the price to break through and maintain above the moving average. Once the breakout is achieved, it may indicate that the adjustment is over, and the currency pair is expected to rebound to $0.43.

#sol Price Analysis

On December 25, the price of #solana (SOL) fell from the 20-day moving average (203 USD), indicating that market sentiment remains weak.

The SOL/USDT currency pair may drop to the ascending trend line, which is a key support level. If this support level breaks, it may indicate that the bear market is still dominating the market, and the price could further decline to 155 USD, a level that may attract buying interest.

If the price rebounds from the ascending trend line and breaks above the 20-day EMA, the current negative outlook will short-term be invalidated. At that point, the currency pair may attempt to rebound to the 50-day moving average (221 USD).

#bnb Price Analysis

On December 27, #bnb (Binance Coin) attempted to break above the resistance level of $722, but failed under the pressure of the bear market.

Repeated failures to break through $722 have increased the likelihood of the price falling below the 20-day EMA ($689). If this occurs, the BNB/USDT pair could drop to the 50-day moving average ($668), and then continue to test the key support level at $635. This support level is expected to attract bullish buying, prompting the pair to consolidate between $635 and $722.

If the price rebounds from the 20-day EMA, bulls will again try to push the pair above $722. If successful, BNB/USDT could rise to $760, then challenge the strong resistance level at $794. #BNB走势

#xrp Price Analysis

On December 26, #xrp (XRP) closed below the 20-day EMA ($2.23), suggesting it may test the support line.

The XRP/USDT currency pair is expected to oscillate between the support and resistance lines of a symmetrical triangle for some time. The 20-day EMA remains flat, and the RSI is also maintaining near the midpoint, failing to provide a clear advantage for either bulls or bears.

Once the price breaks above or below the triangle range, it may initiate a new trend. If it breaks the resistance line, XRP/USDT could rise to $2.91; whereas breaking below the support line could indicate that the currency pair has peaked in the short term, and the price may drop to $1.62.

The main reasons for the price increase of #以太坊 are as follows:

1. Market Demand and Investment Factors:

- Spot #etf capital inflow: Recently, Ethereum spot ETFs have performed impressively. For example, on December 23, 2024, Eastern Time, the total net inflow of Ethereum spot ETFs reached $131 million, with BlackRock's ETHA achieving a single-day net inflow of $89.5129 million. Institutions and investors are increasing their positions in Ethereum through ETFs, driving the price up.
- Macroeconomic Environment: Global low interest rate policies have led to more capital flowing into the cryptocurrency market, especially as investors seeking higher returns have increased their demand for digital assets, including Ethereum.
- Increased Investor Confidence: As a decentralized platform, Ethereum not only has cryptocurrency attributes but also supports smart contracts and decentralized applications (DApps), and its broad application prospects continue to enhance investor confidence.

2. Technological Development Factors:

- Smart Contracts and #dApps Innovation: The smart contracts and decentralized applications on the Ethereum platform are continuously innovating, covering multiple fields such as finance, gaming, and supply chain management, attracting a large number of developers and users, further enhancing demand and value support for Ethereum.
- Expectations for Ethereum 2.0 Upgrade: The upgrade to Ethereum 2.0 introduces a proof-of-stake mechanism, which is expected to improve network scalability and security while reducing transaction costs, attracting more users and developers to join the ecosystem.

3. Policy and Regulatory Factors:

- Policy Expectations: The market generally expects that if Trump wins, the regulatory environment for cryptocurrencies is likely to improve, which will positively impact the introduction of Ethereum spot ETFs and the launch of staking functions, thus increasing investor attractiveness and further driving up Ethereum prices.

4. Capital and Trading Factors:

- Large Capital Movements: Significant purchases and withdrawals by large holders such as #孙宇晨 may have a substantial impact on the market, driving market sentiment and capital inflows into Ethereum.

#AAVE Maintains Bullish Structure

From the price chart, #AAVE is still in a bullish range. After several months of market consolidation, #AAVE broke out in January with an increase of 332.78%, reaching $399.85, marking the highest level since 2021.

On December 17, #AAVE 's Total Value Locked (TVL) reached an all-time high of $23.19 billion. Although TVL slightly declined afterwards to $20.63 billion, this minor drop did not change its bullish trend, especially with continued growth in activity on the protocol.

If TVL remains stable or increases further, the price of #AAVE is expected to continue its upward momentum, particularly considering its core role in platform operations.

Ethereum (#ETH ) Market Analysis:

Recently, Ethereum has shown weakness, overall presenting a slow downward trend, with bullish momentum being suppressed. However, the support below remains quite evident, the lower band of the Bollinger Bands continues to rise, and both the mid-band and MA moving averages are also showing an upward trend relying on the price. At the same time, technical indicators show that the KDJ is opening upward for bulls, and the MACD red momentum bars continue to expand, indicating that bullish strength still exists. Therefore, it is recommended to continue to position long orders during pullbacks and operate in the direction of the trend.

Trading Advice:

Direction: Long
Current Price: 3310～3290
Take Profit: 3365～3390
Stop Loss: 3265

Please remember to set stop loss and take profit levels when trading, and strictly control risk.

Overview of Important Developments on December 28

Keywords: #defi , #特朗普 , #代币化

1. The U.S. crypto industry calls on Congress to prevent new regulations targeting DeFi brokers;

2. The U.S. NIST proposes to expand the AES encryption standard to address security threats posed by future quantum computing;

3. U.S. Treasury Secretary Yellen sends a letter to congressional leaders urging resolution of the debt ceiling issue;

4. The U.S. IRS requires "DeFi brokers" to collect user transaction information to strengthen regulatory oversight;

5. Trump requests the U.S. Supreme Court to suspend the enforcement of the TikTok forced sale order;

6. The U.S. Treasury and IRS finalize tax reporting requirements for specific cryptocurrency brokers and officially release the final regulations;

7. Bloomberg reports that tokenization is becoming a new focus on Wall Street, with this wave primarily concentrating on the digital transformation of financial assets.

These developments indicate that regulatory policies and technological innovation are driving the growth of the crypto industry on dual fronts, and investors need to pay attention to potential impacts.

December 28 (Saturday) Day Trading Strategy

Market Analysis:

The current market shows that Bitcoin attempted to break the upward resistance yesterday but failed. After pulling back to around 93500, it rebounded to around 94800, then entered a narrow range of fluctuations. Currently, the price is running around 94300, showing an overall range consolidation.

From the four-hour chart, Bitcoin is fluctuating below the middle band. Although there are signs of a rebound, the trend still appears volatile. In the current environment, it is not advisable to pursue a one-sided breakout. It is recommended to focus on resistance and support levels and adopt a strategy of selling high and buying low.

Trading Recommendations:

Bitcoin (#BTC ):
Go long in the 93500-94000 range, with a target of 95500-97000.

Ethereum (#ETH ):
Go long in the 3270-3300 range, with a target of 3370-3450.

Be sure to set stop-loss orders strictly and manage risks cautiously to cope with sudden market fluctuations.

12.27 #DOGE Market Analysis

Daily Trend Interpretation

From the daily cycle, the trend of #DOGE is currently showing a trend of turning from strong to weak, and the overall performance is biased towards the dominance of short-selling forces. The current price is in a high-level sideways adjustment stage, reflecting that the market's long and short forces have temporarily reached a state of balance. The price fluctuates within the range, waiting for further efforts from market forces to break the deadlock and determine the subsequent trend direction.

Hourly cycle observation

In the hourly cycle, the moving average of #DOGE is in a state of adhesion, and the price continues to fluctuate sideways in the range of 0.30 - 0.35. This shows that the competition between long and short sides is fierce in the short term, and the market buying and selling forces tend to be balanced. The sideways oscillation stage is usually a manifestation of the market accumulating strength and waiting for a breakthrough in direction.

Long-term outlook and outlook

Despite the weak short-term trend, #DOGE still has long-term potential for growth under the stability of the technical support line. If the price can successfully break through the key resistance of 0.35 and stay above it, it is expected to start a new round of upward trend. At that time, the bulls may take over the market dominance and push the price further higher, entering the second stage of the upward trend.