Market Quick Analysis and Key Points for December 4
1. Capital Flow: As of the 4th, Bitcoin saw an inflow of 676 million in a single day, rising for four consecutive days; Ethereum had an inflow of 132.6 million, showing a bullish trend for seven days straight, favorable for capital flow.
2. SOL Ecosystem: Four institutions will conduct the first review of SOL-related ETFs on January 25 next year, which will stimulate the ecosystem; related projects are worth paying attention to.
3. Whale Movements: A whale purchased 11,257.7 ETH at $3,560 and sold at $3,649, making a profit of one million dollars, which serves as a reference for operations.
4. Key Data: Tonight, ADP and PMI data will be released, which may cause pinning volatility in the market; pay attention to low-price entry opportunities.
5. Bitcoin Trend: Although there are downward risks, the extent is controllable; rebound buying is expected to help break through the previous high of $99,640, with support at $95,500 and $94,170, and a defense set at $93,600.
6. Ethereum Strategy: The bullish trend continues, with $3,621 and $3,575 as key support levels; a pullback to these levels can be considered for entry, with $3,538 set as the defense level.
7. Profit Opportunity: Historical data shows that October is often the best month for entry, with spot investments having 3-4 times return potential.
8. Policy Tailwind: The Trump administration has opened IPO channels for crypto companies, and Binance US is expected to be included, with plans to bring in strategic shareholders; Abu Dhabi and Dubai may enter the market, benefiting BNB price increase.
In summary, the current market is healthy with a strong bullish atmosphere; closely monitor key price levels and capture investment opportunities during fluctuations and pullbacks.
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