🚨In the last 24 hours, $1.05 billion in liquidations have o | Crypto De Nostradame on Binance Square

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🚨In the last 24 hours, $1.05 billion in liquidations have occurred in futures trading. • Long positions make up 86% of these ($910 million).

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XRP and ETH price prediction: Will the giants fall? In these days when Bitcoin is trying to hold on to $ 100,000, there is a short-term correction expectation for $ETH and $XRP . The US Fed's interest rate policy caused the crypto market to decline. Bitcoin fell to $ 98,500 after Fed Chairman Jerome Powell's statements. Although the BTC price regained $ 100,000, it is at risk of falling. Analysts predict that sales will increase in BTC. AMBCrypto stated that the weak outlook in BTC pushed Ether (ETH) and #XRP (XRP) to decline. In the prepared analysis, potential declines for the two giant altcoins were mentioned. Ether (ETH), which failed to hold on above $ 4,000, fell to $ 3,670 due to the increasing selling pressure. AMBCrypto stated that ETH is in the consolidation phase and that it can continue to rally if it stays above $4,000. “ETH can first rise to $3,700 and then to $4,000. A decisive move above the trend line support could restore the uptrend that started in November.” The analysis reported that if #ETH loses the support of the consolidation zone, it could fall to $3,300 to $3,100. AMBCrypto explained that XRP's chart is holding on to the support of the fourth quarter trend despite the 10 percent drop. The analysis stated that the key level to be watched for the rest of 2024 is the support point in question. The analysis stated that if the bulls maintain the $2,309 support, they can target the $2.8 resistance. If XRP holds on to the support, it can rise to the $3.3 peak of the 2021 cycle. Ripple’s new stablecoin RLUSD has kept XRP strong. Indeed, if XRP cannot hold on to $2,309, it could face pressure from short-term sellers. AMBCrypto noted that the $2 to $1.6 range would be an important support zone in the event of a possible decline.

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The transfer of 400 billion Shiba Inu (SHIB) has caused concern. Crypto analytics platform Spotonchain reported that two large amounts of Shiba Inu ($SHIB ) were transferred in the early hours of December 19. The development coincided with a 10 percent drop in the price of Shiba Inu following Bitcoin’s Fed Reserve announcement. Spotonchain reported that a whale who bought Shiba Inu early and made a profit of $108 million thanks to his investment, moved a total of 399.99 billion SHIB to US-based crypto exchange Gemini. The Shiba Inu whale purchased a total of 15.2 trillion $SHIB for just 10 $ETH the total value of his portfolio to $48.54 million. This figure shows that the whale has made a total profit of $107.7 million. Another analysis report revealed that SHIB whales have been liquidating their memecoins to a large extent. This coincided with the Shiba Inu price dropping by around 10 percent in the last 24 hours. SHIB price fell from $0.00002618 to $0.00002345. In the last 10 days, the popular memecoin has lost more than 21 percent of its value. Not only #Shiba Inu, but also memecoins in general have seen sharp declines. Factors such as money outflow from memecoins, BTC decline, or BTC dominance increase will push Shiba Inu prices to lower levels. In the opposite scenario, upward movements in the pair can be expected.

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Polygon (POL) is down: Can it recover? Rebranded Polygon (POL) has fallen, accompanied by heavy selling by whales. #Polygon , the largest Ethereum scaling solution by market value, has switched its native token from #MATIC to POL. It was emphasized that institutional demand will increase during the rebranding process. Having completed the rebranding process, POL performed below expectations. Polygon whales sold 80 million POL worth $41.2 million in the last 48 hours. POL has lost more than 5 percent in the last 24 hours. Layer-2 project #Polygon (POL) reached an all-time high of $0.7675 two weeks ago. POL, which has been losing value since the rise in question, has reached a low of $0.48. According to AMBCrypto, many investors are closing their positions (risk/long) due to the decline in POL. Crypto analyst Ali Martinez touched on whales selling POL in a post he published on X. Martinez described the whales selling 80 million POL in a few days as a serious situation. AMBCrypto suggested that whales' sales could create high selling pressure and this could pull the price down. Reminding that the Relative Strength Index (RSI) has fallen, AMBCrypto stated that individual investors have also started selling. On-chain data platform Coinglass reported that investors have started to take short (bearish) positions. According to the data, short positions constitute 55 percent of futures transactions. POL lost more than 5 percent in the daily chart, while it fell more than 20 percent in the weekly chart. The analysis included the following statements; “The decline that occurred amid increasing sales shows that the bearish outlook is strengthening. The scenario formed in the Directional Movement Index, an indicator, also strengthens the possibility of a decline.” AMBCrypto stated that in a possible decline, #POL will try to hold on to the $0.48 support, and if the support point is broken, the price will lose more value. According to the analysis, if POL can hold on to $0.48, it can regain $0.53.

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The Donald Trump effect kept that altcoin afloat: New highs on the way! The #Ethena ($ENA ) price has risen by 10 percent in the last 24 hours, challenging the crypto market and reaching $1.20. This rise was achieved thanks to the increased purchases of ENA whales and the collaboration with the crypto project World Liberty Financial (#WLFI ), supported by the Trump family. Despite the pullback in cryptocurrencies, the ENA price increased by 10 percent today, reaching $1.20. Daily trading volume increased by 174 percent, exceeding $1 billion. Coinglass data shows that open positions increased by 20 percent to $700 million, and traders are positive towards Ethena. Onchain data platform Spot On Chain shared data showing that crypto whales are eager to buy ENA. A newly created wallet purchased 5.29 million tokens from Binance at an average of $1.12. Trump’s World Liberty Financial (WLFI) project purchased 231,726 ENA for 250,000 USDC just 20 minutes ago, following the announcement of a partnership with Ethena Labs. Ethena Labs recently officially announced a partnership with the Trump family-backed World Liberty Financial (WLFI) project. The partnership aims to increase USDe liquidity and improve user rewards on WLFI’s decentralized finance (#DeFi ) platforms. The announcement states that a governance proposal will be presented that includes integrating Ethena’s sUSDe synthetic dollar as the underlying collateral asset of WLFI’s Aave-based lending and borrowing platform. The development stands out as one of the major reasons behind today’s surge in Ethena’s price.

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Bitcoin is losing blood: What awaits the crypto market? Bitcoin, which fell after Fed Chairman Jerome Powell's press conference, caused a large amount of money to exit the crypto market. Despite the Fed's interest rate cuts, the #Bitcoin ($BTC ) price fell to $98,500 due to Powell's hawkish statements. With BTC losing nearly 6 percent, it was seen that many altcoins fell to potential support levels. According to Coinglass data, $750 million was deleted from the crypto market after this sudden loss of value. Mainly long (bullish) positions were liquidated. Crypto analyst Michael van de Poppe stated that BTC's rise may have ended. Addressing his followers via X, Poppe suggested that BTC could fall to $92,000. According to the analyst, although BTC entered the consolidation phase, it created a potential bearish divergence. Poppe, who stated that the declines did not cause anxiety, said that the next stage was to accumulate altcoins at appropriate levels. Rekt Capital, on the other hand, stated that BTC's bounce from the $ 98,500 support was not enough. According to Rekt, the declines will continue as long as the BTC price cannot hold above $ 100,000. "Losing $ 100,000 could create significant selling pressure that forces the market to decline." Addressing his followers in the morning hours, Mikybull Crypto gave the signal of the altcoin bull. The analyst predicted that the last corrections before the altcoin bull had taken place and that major increases would begin soon. Mikybull used the following statements: "You better get ready for the upcoming altcoin season. It will be huge!" According to CoinGecko data, the total value of the crypto market decreased by 4.9 percent in the last 24 hours and fell to $ 3.688 billion. While $BTC dominance increased to 55 percent, $ETH dominance decreased to 12 percent. #BinanceAlphaAlert #PENGUOpening #FullMarketBullRun

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