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Bradley Duke, the Chief Strategy Officer of #加密ETF申请热潮涌现 ETC Group, stated in a statement that it seems an increasing number of people in the U.S. SEC are accepting cryptocurrency as "an inevitable part of the American investment landscape."
Nate Geraci, president of The ETF Store, pointed out that the sentiment surrounding cryptocurrency-related ETFs has indeed become more positive in recent months.
Geraci stated, "Overall, the winds seem to be shifting in favor of cryptocurrency-related ETFs, and issuers are now competing for market share, trying to capitalize on this." $BTC
Geraci mentioned, "Volatility Shares has apparently recently had direct communications with the SEC, and it is reasonable to assume that Volatility Shares has seen or heard some signs that an Ethereum futures ETF may be approved."
In October 2021, the SEC approved ETFs holding Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME). The ProShares Bitcoin Strategy ETF (BITO) was the first fund launched under this approval, leading significantly in assets under management at around $1 billion.
Geraci stated, "The U.S. SEC allows ETFs to hold Bitcoin futures traded on the CME but does not allow ETFs to hold Ethereum futures traded on the CME, which seems illogical. Given the historical context of applications related to crypto ETFs, it is difficult to speculate how the SEC will respond."
#2025加密趋势预测 Forbes article predicts seven major trends in the cryptocurrency industry for 2025: 1. G7 or BRICS countries will establish strategic Bitcoin reserves; 2. The market value of stablecoins will double to 400 billion dollars; 3. The Bitcoin DeFi ecosystem will experience rapid growth through L2 networks (such as Stacks, BOB, Babylon), with the locked amount expected to exceed the current 24 billion dollars in cross-chain wrapped Bitcoin; 4. Crypto ETF products will expand to include Ethereum staking and Solana among other sectors; 5. Tech giants like Apple and Microsoft may follow Tesla's lead in increasing their Bitcoin holdings; 6. The total market capitalization of the cryptocurrency market will surpass 8 trillion dollars; 7. Improvements in the regulatory environment in the United States will spur a revival in crypto entrepreneurship. The above is Forbes' prediction, which basically represents the future policy direction of the cryptocurrency market. Therefore, it can be concluded that the future market will differ from the past, gradually tending towards a more stable and slow bull market similar to the US stock market. $BTC
A trader known for calling the bottom of cryptocurrencies believes that Bitcoin (BTC) has begun to approach $100,000 or even higher.
Bluntz, a top trader at Bybit, told his 265,800 followers on the social media platform X that Bitcoin is in the fifth wave of a historic high.
The analyst uses Elliott Wave Theory, which suggests that bullish assets often experience a five-wave rally, with the first, third, and fifth waves being upward movements, while the second and fourth waves are correction periods.
Bluntz said,
"[Ultimately] the BTC weekly is an absolute monster, rising only from the low on [July 8].
I suspect the correction will come from around the $71,000 level of resistance, where all the marginalized have successfully FOMO'd (fear of missing out).
In macro terms, the policy bull market for cryptocurrencies is far from over, and in the near term, the arrival of Christmas is likely to bring about the 'Christmas rally.'
The so-called Christmas rally refers to the phenomenon where the total market value of cryptocurrencies tends to rise around Christmas. Theoretically, this phenomenon is caused by the regular fluctuations in the inflow and outflow of funds. On one hand, as the holiday approaches, most investors will realize profits or clear out minimal profits, leading to a noticeable sell-off; on the other hand, due to risk-averse sentiments surrounding the holiday, funds are likely to exit for adjustments, and buying pressure will also shrink as investors wait for the expectations of the new year. Considering both aspects, the cryptocurrency market usually experiences a slight correction before Christmas, while after the holiday, funds will re-enter, pushing prices up.
According to Coingecko data, from 2014 to 2023, the Christmas rally has occurred 8 times, with the total cryptocurrency market capitalization increasing by 0.69% to 11.87% in the week from December 27 to January 2 of the following year. Only in 2021 and 2022 did it not see growth; in 2021, the Christmas rally occurred before the holiday, with an increase of 6.9%, while in 2022, it was overshadowed by the FTX crisis, resulting in lackluster overall market performance, with subsequent declines of 5.30% and 1.90%, respectively, after Christmas.
#比特币市场波动观 Bitcoin has been priced at fiat prices since its inception. While I firmly believe that the Bitcoin-based economy is developing smoothly, the reality is that the world still runs on government funds.
Bitcoin's volatility is most evident in its exchange rate with fiat currencies. In the early days of Bitcoin, you could exchange a few cents of Bitcoin for electricity by mining or finding someone willing to trade on a Bitcoin forum. But today, whether it is through mining or buying a full Bitcoin on an exchange, it will cost you thousands of dollars.
This level of value growth is almost unheard of. However, Bitcoin's value growth is by no means linear, and a healthy upward fluctuation curve is in line with the market!
The big cake is still in a period of adjustment, and there will be another wave of increases in the later period. Although the market is currently less enthusiastic than at the beginning of the month!
At present, BTC is in a period of adjustment. I think it still needs a rapid drop to increase market panic!
The indices have all started trading, why haven't you opened a position yet? Don't you like it?
目标一个亿
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$BTC
Bitcoin is currently at 97567 Yesterday afternoon the lowest point dropped to 92232 Then it has been in a volatile upward trend until now Last night there was a strong possibility of a further sharp drop Why didn’t Bitcoin do that? Looking at the chart makes it clear If you are the big player behind the scenes The goal is to harvest as much as possible Making most people get liquidated Not making any money We are now standing in the past With three consecutive days of nearly identical trends A surprise drop in the early morning The first drop From 108000 to 103000 Caught off guard Retail investors suffered heavy losses As the big player, you successfully harvested the retail investors Then released a lot of news Confusing everyone into believing there is currently a bull market It's just a pullback Retail investors believed it The second drop From 105000 to 100000 Another successful surprise attack in the early morning Waking up from sleep Again, hundreds of thousands of accounts got liquidated Now nearly half of the people started to doubt Is this bull market over? Is a black swan coming? As the big player You think to yourself, these retail investors have only been harvested twice That's not enough So during the day, the pullback intensity increased From the second lowest point of 100000, it fluctuated up to 103000 Giving people the impression that it will rise back immediately Once again, the time came to the early morning You smashed the market again From 103000 directly down to 95000 In this way, you successfully harvested a large number of retail investors three times in a row Now even a fool can feel that a big drop and black swan is really coming The story of 'the wolf is coming' It seems that after three consecutive days of trading Everyone has figured out your routine You, who can see the data clearly from behind the scenes Feel that this harvesting is still not enough There are still people commenting on the routine Proving there is still money to be harvested So on this day You controlled the Bitcoin price Constantly fluctuating in the range of 95000 to 97000 to harvest Due to the habitual thinking from the previous three days The vast majority of people Will still think today is a day of fluctuating upward Then in the early morning, a surprise attack decides the direction So you slightly changed your operation In the afternoon, there was a larger drop Directly from 97000 down to 92000 The vast majority of people were stunned You successfully harvested hundreds of thousands of accounts being liquidated again It is now a new day After the fluctuations from yesterday afternoon to the early morning until now The price has risen to 97000 The daily line has turned from negative to positive On the left side is like a small spike A V-shaped bottom formation is formed Continuing to rise upwards Most people know this So how can the big player continue to harvest? Today during the day, the future trend is likely a double bottom formation.
#加密市场回调 It is worth noting that although the macroeconomic environment is challenging, cryptocurrencies experienced nearly 180 days of adjustment in the second and third quarters of 2024, as the market consolidated and gradually recovered.
The beginning of the fourth quarter welcomed the market's recovery, where a nearly unadjusted explosive bull gave the market a shot in the arm, but since December, there have been subtle changes in the market situation. Part of this is due to early investors taking profits which caused the bull to gradually calm down, followed by a series of negative news hitting the market, leading to noticeable adjustments both technically and in terms of news.
My attitude remains unchanged; as long as Comrade Chuan Jianguo's attitude does not change, the bull market will not end. However, the short-term adjustments, whether from a technical perspective or from the news perspective, are not over. There is still a certain level of risk if positioning from now on $BTC
At a press conference, Powell stated that the Federal Reserve is not allowed to hold Bitcoin, which is something Congress needs to consider, and the Federal Reserve does not wish to change the law.
The price of BTC reached an all-time high of $108,135 on December 17, and then erased about 5% of its gains to around $100,000 on the 18th. In the early hours of the 19th, after the interest rate cut news, BTC further declined. The drop in Bitcoin triggered panic selling among crypto investors, leading to a broad decline in cryptocurrencies. Data shows that in the past 24 hours, Ethereum (ETH) fell more than 5%, while XRP and DOGE both dropped over 6%.
Old Powell is really not a good person! One sentence caused tens of thousands of people to face liquidation; he should really be skinned alive.
Judging from the current market, in the best case scenario, the price of BNB will start to reverse at the beginning of 8 and continue to rise. If there continues to be negative news like the one released by the European Union, the price of BNB may start to rise at the beginning of 7. If that is the case, the 50% drop in the altcoin that I predicted on the 18th will really happen. This is an extreme situation, but there is no construction without destruction. If this situation really happens, then just buy the bottom without thinking. I am waiting for this opportunity now. This time I have prepared the last 300,000 in my life, and I will buy the bottom of BNB and BNB with all my warehouses. This time I will not do contracts anymore. Around 2045, I will give all these to my children, no matter how much they are worth on that day, I will give them all! This life is too unsuccessful. I hope to bring them good luck and don't repeat my path.