❗❗❗❗The key points of the cryptocurrency market situation this morning are as follows:
- BTC's dominance rate reached a record high of 61%, and the price of Bitcoin continues to hit new highs with a strong trend. There are no obvious correction signals in the daily and 4-hour candlesticks, and while the funding rates have changed, there are still many shorts operating against the trend, while altcoins are all crashing. Institutions are mainly buying Bitcoin, while retail investors are mainly buying altcoins.
- In the past, the trend was that after Bitcoin rises, Ethereum rises, and after Ethereum rises, altcoins rise. Currently, Ethereum has a potential short-squeeze pattern, and it could lead altcoins to catch up. The range of 3060-3030 could be a good area to accumulate long positions, with a stop-loss set at 3000.
- The three coins Neiro, Pnut, and Act have rebounded from their lows, and it is advisable to gradually accumulate a position.
- Several cryptocurrency spot ETFs are in the application process, and the DOGE ETF may be submitted by December 31.
- Nvidia is expected to report slightly higher revenue than market expectations for the fourth fiscal quarter, but the positive news has been priced in, resulting in a 5% drop at the opening.
- The listing of folki on Coinbase saw a significant price surge.
- After Sun Ge auctioned bananas on-site, the Ban coin plummeted directly. #BTC何时突破10万? #上市公司比特币战略