Ethereum has broken through the monthly resistance level The breakthrough will drive Ethereum-related altcoins Let’s summarize Ethereum-related altcoins
As ETH aims to become the global computer, the responsibility of Layer2 is to support the prosperity of the ETH ecosystem with high TPS and low GAS.
Its importance and value are self-evident. At the same time, Layer2 is the highest market cap sector in the ETH ecosystem. Most projects are also typical of the recently criticized low circulation and high FDV institutional coins. ARB, OP, and STRK, as three of the four major kings, all have FDVs exceeding 10 billion USD.
ETH staking/re-staking:
LDO, SSV, PRL, SD, FXS, ANKR, ETHEI, REZ
The LSD protocol mainly refers to the staking services related to nodes that emerged after ETH's Shanghai upgrade from POW to POS. LDO is the largest service provider, with the highest TVL in the network and a circulating market value of 2 billion. SSV is a relatively important infrastructure.
ETH established DEFI:
UNI, SUSHI, AAVE, COMP, CRV, MKR, LOTY
DEFI should be the most familiar to everyone. As the largest innovative sector in the last bull market, the applications of DeFi have permeated various aspects of daily chain activities. Due to the maturity of DeFi, this cycle is basically based on previous upgrades, and the level of innovation is somewhat lacking.
ETH meme:
PEPE, SHIB, SPX
Meme is a very strong sector in this bull market, holding a small amount is not a problem.
Others:
PENDLE
Pendle separates tokens into principal and interest for trading future earnings. Pendle has also recently experienced a dual surge in TVL and token price, making it a relatively innovative ETH DEFI project.
#非农数据已经公布 #美降息25个基点预期升温 #12月美降息变数 December 6, 2024 22:09 Evening News Report The non-farm payroll data has been released, meeting market expectations. The probability of a U.S. rate cut in December has increased. After the release of the non-farm data, U.S. short-term interest rate futures rose as traders bet on a higher likelihood of a Federal Reserve rate cut. Traders now believe there is an 85% chance of a Fed rate cut in December, up from 67% before the employment report was released. However, there is a variable: U.S. banks are more concerned that the CPI data to be released before the Fed's December rate decision could become an obstacle to rate cuts. The bank stated that if there is a significant monthly increase in the CPI data again, then "the Federal Reserve may find it difficult to maintain rate cuts." So we look forward to the U.S. CPI data on December 11 to provide clarity on everything!
1. Trump has not come to power, but has been appointing government managers who support encryption, so he is bullish in the long run
2. In the long run, Bitcoin becomes digital gold. Once Trump establishes a supervisory agency for Bitcoin and waits for big funds to pour in, Bitcoin will be more than 100,000. For example, ETFs, once big funds come, they will break new highs in minutes. With a large influx of off-site funds, Bitcoin may be 150,000 or 200,000.
(But it is not ruled out that the United States will pass the buck)
News:
1. Tonight at 21:30, the non-agricultural data will determine the interest rate cut in December. Before the data is released, you can not trade and see how the data will move the market
December 5, 2024, 22:32. Night summary. 1. Today, without exception, I missed the opportunity because I usually do not prepare a trading plan in advance. In the future, I will prepare a trading plan before trading, aligning knowledge and action. 2. Bitcoin has already reached over 100,000, while Ethereum still hasn't reached a new high of 4,800. Therefore, Bitcoin is consolidating over the weekend. You can pay attention to Ethereum for a rebound and consider going long, then watch for tokens in the Ethereum ecosystem. 3. Learn to break out long, break out long, break out long. When key resistance levels are broken, you can chase longs. 4. Learn to trade with light positions on the left side and confirm with increased positions on the right side. Methods for increasing positions.
December 5, 2024 22:32 Night summary 1. I missed out today without exception, because I don’t make a trading plan in advance. I will make a trading plan before trading in the future, and integrate knowledge and action 2. Bitcoin has reached 10w+, and Ethereum has not yet reached a new high of 4800, so Bitcoin will adjust sideways over the weekend. You can pay attention to Ethereum’s rebound and then pay attention to Ethereum tokens 3. You must learn to break through more, break through more, break through more, and chase more when the key resistance level breaks through, 4. You must learn to trade with a light position on the left side and confirm the increase in position on the right side. The method of increasing positions
Tonight Bitcoin will be traded Easy Plan $BTC Focus on 101700 support. The next support is 100600, 99900, 98500. Look for more above 101700. If 101700 is broken, go short. If 105300 is short, go long if 104000 is broken. You can go long to 105000.
The new high is about 104800-105500
The higher it is, the higher it is 108600-109300
$ETH Long. The near-term target is 4000. Focus on 3870 and 3813 If 3870 is broken, go short