Crypto速通车
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Take a look at my previous posts, do I always remind of the risks in time?
Don’t rush to buy the bottom of BTC-2025.1.9 Opinions and analysis of the world’s top traders
Cryptocurrency bloggers quick pass
1. Top Traders Dove
He said last night: I think before the last parabolic rally you always have some kind of psychological comfort that gives you more confidence that this is not the global top. Since we hit 100k my minimum target has been achieved so the probability that this is actually the top has increased significantly for me. Maybe from 3% to around 25%.
He meant that there was a 1/4 chance of a turn to bearish, and then he got criticized, and some traders I followed also criticized him.
2. Trader Vivian
Her views are shown in the picture. It contains a lot of information. You can take your time to read it. In summary, it means buying at the bottom on the 16th and 18th, and a crazy bull market will start after the 20th.
1. Top Traders Dove
He said last night: I think before the last parabolic rally you always have some kind of psychological comfort that gives you more confidence that this is not the global top. Since we hit 100k my minimum target has been achieved so the probability that this is actually the top has increased significantly for me. Maybe from 3% to around 25%.
He meant that there was a 1/4 chance of a turn to bearish, and then he got criticized, and some traders I followed also criticized him.
2. Trader Vivian
Her views are shown in the picture. It contains a lot of information. You can take your time to read it. In summary, it means buying at the bottom on the 16th and 18th, and a crazy bull market will start after the 20th.
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Don’t rush to buy the bottom of BTC-2025.1.9 Opinions and analysis of the world’s top traders
Cryptocurrency bloggers quick pass
1. Top Traders Dove
He said last night: I think before the last parabolic rally you always have some kind of psychological comfort that gives you more confidence that this is not the global top. Since we hit 100k my minimum target has been achieved so the probability that this is actually the top has increased significantly for me. Maybe from 3% to around 25%.
He meant that there was a 1/4 chance of a turn to bearish, and then he got criticized, and some traders I followed also criticized him.
2. Trader Vivian
Her views are shown in the picture. It contains a lot of information. You can take your time to read it. In summary, it means buying at the bottom on the 16th and 18th, and a crazy bull market will start after the 20th.
1. Top Traders Dove
He said last night: I think before the last parabolic rally you always have some kind of psychological comfort that gives you more confidence that this is not the global top. Since we hit 100k my minimum target has been achieved so the probability that this is actually the top has increased significantly for me. Maybe from 3% to around 25%.
He meant that there was a 1/4 chance of a turn to bearish, and then he got criticized, and some traders I followed also criticized him.
2. Trader Vivian
Her views are shown in the picture. It contains a lot of information. You can take your time to read it. In summary, it means buying at the bottom on the 16th and 18th, and a crazy bull market will start after the 20th.
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BTC will fall after rebounding tonight - 2025.1.8 Views and analysis of the world's top traders
1. Cryptocurrency Market Quick Pass
1. Altcoin market
ETH/BTC is currently in a correction.
BTC.D 4-hour chart is about to reverse and is expected to continue to fall in the next two days.
2. Fear and Greed Index
70 Greed
3. Liquidation heat map
There are still a large number of longs waiting to be liquidated around 93K, and the shorts at 99K are too concentrated, so it is possible that it will go up first.
2. Cryptocurrency News Express
1. Bhutan GMC announced that BTC, ETH and BNB will be included in the strategic reserve. PANews reported on January 8 that Bhutan’s newly established special administrative region, Gelephu Mindfulness City (GMC), announced plans to include digital assets such as Bitcoin (BTC), Ethereum (ETH) and BNB in its strategic reserves, becoming one of the first regions in the world to officially list digital assets as strategic reserves. Officials said the move will enhance the economic resilience of the administrative region and continue its exploration in the field of Bitcoin mining. In addition, the GMC plans to hold a high-level meeting in Bhutan in March 2025, inviting global government officials and industry leaders to discuss the significance of incorporating digital assets into strategic reserves, and plans to establish an international digital asset advisory committee.
1. Altcoin market
ETH/BTC is currently in a correction.
BTC.D 4-hour chart is about to reverse and is expected to continue to fall in the next two days.
2. Fear and Greed Index
70 Greed
3. Liquidation heat map
There are still a large number of longs waiting to be liquidated around 93K, and the shorts at 99K are too concentrated, so it is possible that it will go up first.
2. Cryptocurrency News Express
1. Bhutan GMC announced that BTC, ETH and BNB will be included in the strategic reserve. PANews reported on January 8 that Bhutan’s newly established special administrative region, Gelephu Mindfulness City (GMC), announced plans to include digital assets such as Bitcoin (BTC), Ethereum (ETH) and BNB in its strategic reserves, becoming one of the first regions in the world to officially list digital assets as strategic reserves. Officials said the move will enhance the economic resilience of the administrative region and continue its exploration in the field of Bitcoin mining. In addition, the GMC plans to hold a high-level meeting in Bhutan in March 2025, inviting global government officials and industry leaders to discuss the significance of incorporating digital assets into strategic reserves, and plans to establish an international digital asset advisory committee.
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BTC still sees a pullback - 2025.1.7 Views and analysis from the world's top traders
Cryptocurrency bloggers quick pass
1. Top Traders Dove
Sil responded to Dove’s tweet yesterday: In the last 29% of the bull market, most altcoins are rising parabolically, so hold on to them.
Dove replied that he disagreed. Fixing your mind on the idea that "the last 20% of the rise is the most violent" seems stupid to me, almost a lazy way of thinking, just because you greedily want more.
PS: In the later stage, when the doves say they will run away, we must leave the market decisively in order to keep the profits of the bull market.
In addition, the dove said today: the contract order book has stabilized, Goodmoring Lanjiao.
1. Top Traders Dove
Sil responded to Dove’s tweet yesterday: In the last 29% of the bull market, most altcoins are rising parabolically, so hold on to them.
Dove replied that he disagreed. Fixing your mind on the idea that "the last 20% of the rise is the most violent" seems stupid to me, almost a lazy way of thinking, just because you greedily want more.
PS: In the later stage, when the doves say they will run away, we must leave the market decisively in order to keep the profits of the bull market.
In addition, the dove said today: the contract order book has stabilized, Goodmoring Lanjiao.
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BTC first looks to drop to 95K - 2025.1.6 Global top trader views and analysis
1. Cryptocurrency market quick passage
1. Altcoin market
Currently, ETH/BTC is in an upward trend.
BTC market share is 57.16%, rebounding today.
2. Fear and Greed Index
76 Greed
3. Liquidation heat map
Before these bullish liquidity is cleared, it is unlikely to directly push to 100K+.
2. Cryptocurrency news quick passage
1. KULR Technology, a listed company, withdrew 213.4 BTC from Coinbase Prime, approximately 21 million dollars. According to on-chain analyst Yu Jin's monitoring, KULR Technology, a company listed on the New York Stock Exchange, withdrew 213.4 BTC (approximately 21 million dollars) from Coinbase Prime this morning; this should be their second BTC purchase. KULR Technology announced its Bitcoin treasury strategy in December 2024, meaning it intends to use 90% of the company's cash to buy BTC. The first purchase was on December 24, spending 21 million dollars to buy 217.18 BTC at 96,556 dollars each; today’s should be the second purchase. They now hold 430.6 BTC (approximately 42 million dollars) at a cost of 97,537 dollars.
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BTC may still drop to 88K - Insights and Analysis from Global Top Traders on January 4, 2025
1. Top Trader Pigeon
He just said: For a coin that has already risen significantly, in order to hold onto it, one needs to choose new tracks (new narratives), new coins with fewer profit-taking, and new coins with high valuation ceilings.
PS: Personally, I think Chillguy fits the above three characteristics; TIKTOK meme is relatively a new concept, currently with relatively few holders, and popular memes have high valuation ceilings. Everyone can take a look.
2. Trader Vivian
Her viewpoint is shown in the second image.
She opened a small position shorting DOGE at 2x two days ago, which hit her stop loss, but the spot purchases she recommended two days ago have mostly surged. Her view is that 95% of the position should be in spot, and it's best not to use leverage.
He just said: For a coin that has already risen significantly, in order to hold onto it, one needs to choose new tracks (new narratives), new coins with fewer profit-taking, and new coins with high valuation ceilings.
PS: Personally, I think Chillguy fits the above three characteristics; TIKTOK meme is relatively a new concept, currently with relatively few holders, and popular memes have high valuation ceilings. Everyone can take a look.
2. Trader Vivian
Her viewpoint is shown in the second image.
She opened a small position shorting DOGE at 2x two days ago, which hit her stop loss, but the spot purchases she recommended two days ago have mostly surged. Her view is that 95% of the position should be in spot, and it's best not to use leverage.
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Happy 16th Birthday to BTC - 2025.1.3 Views and Analysis from the World's Top Traders
1. Cryptocurrency Market Quick Pass
1. Altcoin market
ETH/BTC fluctuates downward
BTC accounts for 57.55% of the market share. The daily chart shows a downward trend and the altcoin market will continue.
2. Fear and Greed Index
74 Greed
3. Liquidation heat map
There are still air forces surviving near 98K.
2. Cryptocurrency News Express
1. Today is the 16th anniversary of the birth of the Bitcoin Genesis Block. The Bitcoin Genesis Block was mined by Satoshi Nakamoto on the afternoon of January 3, 2009 (Beijing time January 4, 2009 02:15:05), with a block reward of 50 BTC. As of today, it has been 16 years since its birth, and the current total Bitcoin block height has reached 877566.
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BTC rebounds to over 98,000 and will fall again - 2025.1.2 Views and analysis of the world's top traders
1. Cryptocurrency Market Quick Pass
1. Altcoin market
ETH/BTC rebounded
BTC accounts for 57.44% of the market share, BEC's market value has fallen, and the vitality of the copycat has been restarted.
2. Fear and Greed Index
70 Greed
3. Liquidation heat map
There is still a little bit of air force near 98K. After it explodes, you must be alert to killing the bulls.
2. Cryptocurrency News Express
1. The total market value of AI Meme Coin exceeded 10 billion US dollars, with a 24-hour increase of 26.2%. According to Coingecko data, the total market value of AI Meme Coin exceeded 10 billion US dollars, currently about 10.974 billion US dollars, with a 24-hour increase of 26.2%. The top three tokens by market value are AI16Z (market value of about 2.612 billion US dollars), FARTCOIN (market value of about 1.316 billion US dollars), and ZEREBRO (market value of about 759 million US dollars).
1. Altcoin market
ETH/BTC rebounded
BTC accounts for 57.44% of the market share, BEC's market value has fallen, and the vitality of the copycat has been restarted.
2. Fear and Greed Index
70 Greed
3. Liquidation heat map
There is still a little bit of air force near 98K. After it explodes, you must be alert to killing the bulls.
2. Cryptocurrency News Express
1. The total market value of AI Meme Coin exceeded 10 billion US dollars, with a 24-hour increase of 26.2%. According to Coingecko data, the total market value of AI Meme Coin exceeded 10 billion US dollars, currently about 10.974 billion US dollars, with a 24-hour increase of 26.2%. The top three tokens by market value are AI16Z (market value of about 2.612 billion US dollars), FARTCOIN (market value of about 1.316 billion US dollars), and ZEREBRO (market value of about 759 million US dollars).
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BTC adjustment is not over yet-2025.1.1 Cryptocurrency news, opinions and analysis of the world's top traders
1. Cryptocurrency Market Quick Pass
1. Altcoin market
ETH/BTC is in a correction
BTC market share is 58.08%. It fluctuated slightly upward.
2. Fear and Greed Index
66 Greed
3. Liquidation heat map
There are fewer orders during the holidays.
2. Cryptocurrency News Express
1. Ethereum ETF net inflows reached $2.1 billion in December, setting the best monthly record so far. According to Trader T monitoring, Ethereum ETF net inflows reached $2.1 billion in December, setting the best monthly record so far, with a trading volume of $14 billion, including: BlackRock ETHA inflows of $1.432 billion; Fidelity FETH inflows of $752 million; VanEck ETHV inflows of $12 million; Bitwise ETHW inflows of $10 million; Grayscale outflows of $93 million (ETHE outflows of $274 million, ETH inflows of $181 million).
1. Altcoin market
ETH/BTC is in a correction
BTC market share is 58.08%. It fluctuated slightly upward.
2. Fear and Greed Index
66 Greed
3. Liquidation heat map
There are fewer orders during the holidays.
2. Cryptocurrency News Express
1. Ethereum ETF net inflows reached $2.1 billion in December, setting the best monthly record so far. According to Trader T monitoring, Ethereum ETF net inflows reached $2.1 billion in December, setting the best monthly record so far, with a trading volume of $14 billion, including: BlackRock ETHA inflows of $1.432 billion; Fidelity FETH inflows of $752 million; VanEck ETHV inflows of $12 million; Bitwise ETHW inflows of $10 million; Grayscale outflows of $93 million (ETHE outflows of $274 million, ETH inflows of $181 million).
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I don't have time to write an article today, so I'll just post a short post.
1. VIVIAN: Around 92792 is the last opportunity to open a short position, with a target of 88000. It will take another two or three weeks to buy the bottom of the spot market.
2. Pigeon: Today I posted the annual summary, and I took a screenshot of the last paragraph: It is expected that altcoins will have good opportunities in January, especially ETH and its younger brothers.
3. Wave Theory Liu Yudong: It has been confirmed that the C wave is falling, and the B wave rebound is over. The C wave is 0.618 or 1 times the A wave, and the corresponding point is 90001 or 84000. The next step is to observe the performance of the 90001 position. There are 4 possibilities after the end of the C wave. To put it bluntly, it is rising, falling, and sideways. It is impossible to accurately predict the future trend, and we can only take one step at a time. But what is certain is that BTC will definitely rise to more than 115794.
Combining the views of other traders, the current consensus is that the price will fall to 85,000-88,000 at most. There will be opportunities for altcoins in January, ETH will strengthen, and the first half of 2025 will still be a bull market. Most people think it will be a big bull market.
In terms of operation, remember to set a stop loss when testing the bottom and betting on a rebound. The same applies to shorting. Continue to wait for opportunities to layout spot. ETH-related altcoins can focus on PEPE, which is the sentiment amplifier of ETH.
I wish all coin friends a happy New Year in advance.
1. VIVIAN: Around 92792 is the last opportunity to open a short position, with a target of 88000. It will take another two or three weeks to buy the bottom of the spot market.
2. Pigeon: Today I posted the annual summary, and I took a screenshot of the last paragraph: It is expected that altcoins will have good opportunities in January, especially ETH and its younger brothers.
3. Wave Theory Liu Yudong: It has been confirmed that the C wave is falling, and the B wave rebound is over. The C wave is 0.618 or 1 times the A wave, and the corresponding point is 90001 or 84000. The next step is to observe the performance of the 90001 position. There are 4 possibilities after the end of the C wave. To put it bluntly, it is rising, falling, and sideways. It is impossible to accurately predict the future trend, and we can only take one step at a time. But what is certain is that BTC will definitely rise to more than 115794.
Combining the views of other traders, the current consensus is that the price will fall to 85,000-88,000 at most. There will be opportunities for altcoins in January, ETH will strengthen, and the first half of 2025 will still be a bull market. Most people think it will be a big bull market.
In terms of operation, remember to set a stop loss when testing the bottom and betting on a rebound. The same applies to shorting. Continue to wait for opportunities to layout spot. ETH-related altcoins can focus on PEPE, which is the sentiment amplifier of ETH.
I wish all coin friends a happy New Year in advance.
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#2025比特币价格预测 $BTC The price fell below 92,000.
BTC will definitely break 92,000 - 2024.12.30 Crypto Market News, Top Trader Insights Quick Overview
One, crypto market quick report
1. Altcoin market
ETH is strong, ETH/BTC continues to rise
BTC market share is 57.76%. It has now fallen to the support range.
2. Fear and Greed Index
65 greed (this is the first drop below 70 since October 24, which was 69)
3. Liquidity Heatmap
The 92,000 level is the last bastion of the bulls.
Two, crypto news quick report
1. The chairman of the German Free Democratic Party calls for the inclusion of cryptocurrencies like Bitcoin into central bank reserves. According to Handelsblatt, Christian Lindner, the chairman of the FDP and former finance minister, has urged the European Central Bank (ECB) and the Deutsche Bundesbank to include cryptocurrencies like Bitcoin in their reserves. He mentioned that the US government is adopting an aggressive crypto asset policy and studies whether the Federal Reserve should include cryptocurrencies in its reserves. Lindner stated that Europe needs to avoid falling behind the US in this area and suggested reviewing the inclusion of crypto assets as part of reserves in Frankfurt to enhance risk resilience. He emphasized that crypto assets have become an important component of global wealth growth.
1. Altcoin market
ETH is strong, ETH/BTC continues to rise
BTC market share is 57.76%. It has now fallen to the support range.
2. Fear and Greed Index
65 greed (this is the first drop below 70 since October 24, which was 69)
3. Liquidity Heatmap
The 92,000 level is the last bastion of the bulls.
Two, crypto news quick report
1. The chairman of the German Free Democratic Party calls for the inclusion of cryptocurrencies like Bitcoin into central bank reserves. According to Handelsblatt, Christian Lindner, the chairman of the FDP and former finance minister, has urged the European Central Bank (ECB) and the Deutsche Bundesbank to include cryptocurrencies like Bitcoin in their reserves. He mentioned that the US government is adopting an aggressive crypto asset policy and studies whether the Federal Reserve should include cryptocurrencies in its reserves. Lindner stated that Europe needs to avoid falling behind the US in this area and suggested reviewing the inclusion of crypto assets as part of reserves in Frankfurt to enhance risk resilience. He emphasized that crypto assets have become an important component of global wealth growth.
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BTC will definitely break 92,000 - 2024.12.30 Crypto Market News, Top Trader Insights Quick Overview
One, crypto market quick report
1. Altcoin market
ETH is strong, ETH/BTC continues to rise
BTC market share is 57.76%. It has now fallen to the support range.
2. Fear and Greed Index
65 greed (this is the first drop below 70 since October 24, which was 69)
3. Liquidity Heatmap
The 92,000 level is the last bastion of the bulls.
Two, crypto news quick report
1. The chairman of the German Free Democratic Party calls for the inclusion of cryptocurrencies like Bitcoin into central bank reserves. According to Handelsblatt, Christian Lindner, the chairman of the FDP and former finance minister, has urged the European Central Bank (ECB) and the Deutsche Bundesbank to include cryptocurrencies like Bitcoin in their reserves. He mentioned that the US government is adopting an aggressive crypto asset policy and studies whether the Federal Reserve should include cryptocurrencies in its reserves. Lindner stated that Europe needs to avoid falling behind the US in this area and suggested reviewing the inclusion of crypto assets as part of reserves in Frankfurt to enhance risk resilience. He emphasized that crypto assets have become an important component of global wealth growth.
1. Altcoin market
ETH is strong, ETH/BTC continues to rise
BTC market share is 57.76%. It has now fallen to the support range.
2. Fear and Greed Index
65 greed (this is the first drop below 70 since October 24, which was 69)
3. Liquidity Heatmap
The 92,000 level is the last bastion of the bulls.
Two, crypto news quick report
1. The chairman of the German Free Democratic Party calls for the inclusion of cryptocurrencies like Bitcoin into central bank reserves. According to Handelsblatt, Christian Lindner, the chairman of the FDP and former finance minister, has urged the European Central Bank (ECB) and the Deutsche Bundesbank to include cryptocurrencies like Bitcoin in their reserves. He mentioned that the US government is adopting an aggressive crypto asset policy and studies whether the Federal Reserve should include cryptocurrencies in its reserves. Lindner stated that Europe needs to avoid falling behind the US in this area and suggested reviewing the inclusion of crypto assets as part of reserves in Frankfurt to enhance risk resilience. He emphasized that crypto assets have become an important component of global wealth growth.
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BTC is just a rebound, not a reversal-2024.12.28 Cryptocurrency News, Bloggers’ Views Quick Overview
1. Cryptocurrency Market Quick Pass
1. Altcoin market
ETH/BTC fluctuated upward today, ETH took the lead, and many altcoins performed well
BTC accounts for 57.89% of the market share.
2. Fear and Greed Index
72 Greed
3. ETF trading data
According to SoSoValue data, yesterday (December 27, Eastern Time), the total net outflow of Bitcoin spot ETFs was $298 million. Yesterday, Grayscale ETF GBTC had a single-day net inflow of $3.7464 million, and the current historical net outflow of GBTC is $21.352 billion. Grayscale Bitcoin Mini Trust ETF BTC had a single-day net outflow of $0.00, and the current historical total net inflow of Grayscale Bitcoin Mini Trust BTC is $861 million. Fidelity Bitcoin ETF FBTC has the largest single-day net outflow since its launch, $208 million, and the current historical total net inflow of FBTC is $11.84 billion. The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of $79.4378 million, and the current historical total net inflow of IBIT is $37.308 billion. As of press time, the total net asset value of the Bitcoin spot ETF was US$106.683 billion, the ETF net asset ratio (market value as a percentage of the total market value of Bitcoin) reached 5.7%, and the historical cumulative net inflow has reached US$35.664 billion.
1. Altcoin market
ETH/BTC fluctuated upward today, ETH took the lead, and many altcoins performed well
BTC accounts for 57.89% of the market share.
2. Fear and Greed Index
72 Greed
3. ETF trading data
According to SoSoValue data, yesterday (December 27, Eastern Time), the total net outflow of Bitcoin spot ETFs was $298 million. Yesterday, Grayscale ETF GBTC had a single-day net inflow of $3.7464 million, and the current historical net outflow of GBTC is $21.352 billion. Grayscale Bitcoin Mini Trust ETF BTC had a single-day net outflow of $0.00, and the current historical total net inflow of Grayscale Bitcoin Mini Trust BTC is $861 million. Fidelity Bitcoin ETF FBTC has the largest single-day net outflow since its launch, $208 million, and the current historical total net inflow of FBTC is $11.84 billion. The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of $79.4378 million, and the current historical total net inflow of IBIT is $37.308 billion. As of press time, the total net asset value of the Bitcoin spot ETF was US$106.683 billion, the ETF net asset ratio (market value as a percentage of the total market value of Bitcoin) reached 5.7%, and the historical cumulative net inflow has reached US$35.664 billion.
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BTC C wave is falling-2024.12.27 Cryptocurrency News, Bloggers' Views Quick Overview
1. Cryptocurrency Market Quick Pass
1. Altcoin market
ETH/BTC rose slightly today, ETH is slightly stronger than BTC
BTC accounts for 58.22% of the market share.
2. Fear and Greed Index
3. ETF trading data
Yesterday, both BTC and ETH ETFs saw large net inflows, and the Americans started buying in again.
4. Liquidation heat map
There is a concentration of bullish forces at the 92000 position, and the more concentrated they are, the more likely they are to be liquidated by the main force.
The air force is stronger than the bulls, and the bulls at 92000-94500 are likely to be liquidated by the pin
2. Cryptocurrency News Express
1. Bitget will destroy BGB worth more than 5 billion US dollars, accounting for 40% of the total supply. The Bitget team released a new version of the BGB white paper and announced the introduction of a repurchase and destruction mechanism. In the first destruction, 800 million BGB held by the core team will be destroyed at one time, accounting for 40% of the total supply. According to the current price of BGB, the value of the destroyed part exceeds 5 billion US dollars. After the destruction, the total supply of BGB will be reduced to 1.2 billion, and 100% of it will be fully circulated. At the same time, BGB will start quarterly repurchase and destruction. Starting in 2025, Bitget will repurchase and destroy BGB at 20% of the quarterly profits of the exchange and wallet business. The profits will be composed of the spot, contract, and leverage transaction fees of the Bitget exchange, and the Swap, contract, and NFT transaction fees of the Bitget Wallet.
1. Altcoin market
ETH/BTC rose slightly today, ETH is slightly stronger than BTC
BTC accounts for 58.22% of the market share.
2. Fear and Greed Index
3. ETF trading data
Yesterday, both BTC and ETH ETFs saw large net inflows, and the Americans started buying in again.
4. Liquidation heat map
There is a concentration of bullish forces at the 92000 position, and the more concentrated they are, the more likely they are to be liquidated by the main force.
The air force is stronger than the bulls, and the bulls at 92000-94500 are likely to be liquidated by the pin
2. Cryptocurrency News Express
1. Bitget will destroy BGB worth more than 5 billion US dollars, accounting for 40% of the total supply. The Bitget team released a new version of the BGB white paper and announced the introduction of a repurchase and destruction mechanism. In the first destruction, 800 million BGB held by the core team will be destroyed at one time, accounting for 40% of the total supply. According to the current price of BGB, the value of the destroyed part exceeds 5 billion US dollars. After the destruction, the total supply of BGB will be reduced to 1.2 billion, and 100% of it will be fully circulated. At the same time, BGB will start quarterly repurchase and destruction. Starting in 2025, Bitget will repurchase and destroy BGB at 20% of the quarterly profits of the exchange and wallet business. The profits will be composed of the spot, contract, and leverage transaction fees of the Bitget exchange, and the Swap, contract, and NFT transaction fees of the Bitget Wallet.