This dog market is enjoying the big cake alone, while other coins are really at hell-level difficulty, it's not good to be long or short. Now the big brother drops by 1 point, the little brother has to drop by 5 points. The scams in altcoins are becoming more and more blatant. The big cake is in a bull market, not the altcoin bull market; it's the retail investors who are being overly sentimental. The bull isn't tired; the big cake doesn't even have a pullback, and it's skyrocketing.
Summary of the morning highlights:
1: BTC daily chart shows a top divergence, indicating a phase top range, but the smaller timeframes are still very strong. 103333 is the bullish defense position.
2: Expected ETH to have an explosive move; large funds have been crazily buying $ETH recently, with buy orders at 2943 and 2913, and a position of 5.5, defending at 3884.
3: Currently, there are 104 whale wallets holding at least 100,000 Ethereum, and their total holdings account for 57.35% of all existing Ethereum.
4: High win-rate whales are selling BTC and buying ETH.
5: Sol's trend is poor; there will be significant unlocking and selling pressure in the coming months, starting from December 18th, unlocking 0.01% daily.
6: The Federal Reserve will announce its interest rate decision on December 18th; key focus is on this Thursday.
7: The big cake is in a sideways consolidation; some funds are rotating back to Ethereum. Only when Ethereum catches up will altcoins start to take off.
8: The FTX $16.5B repayment plan is scheduled for January 3rd, with the first payment to be made within 60 days.
9: MicroStrategy will officially join the Nasdaq 100 index on December 23, 2024.