Yesterday, the daily MACD for BTC turned positive, and today the big coin just made a pullback...
Due to the upcoming Christmas and delivery month, there is a risk of upward and downward spikes for the big coin recently, so there is no need to panic. Currently, altcoins are more dependent on Ethereum's performance; ETH is recently observing support at 3830, and if it breaks, there is a risk of dropping to 3650.
Most altcoins have already reached a bottom range, only a panic sell-off is needed for bottom fishing, and now is the time to build positions on the left side. Except for a few coins, prices have returned to the bottom from the beginning of the month, and the pullback is just a second test on the daily level. #BTC再创新高 #USUAL现货开盘预测 #圣诞行情预测
It's no wonder a bunch of people are criticizing cz Zhao. Ever since he started shorting the meme, he's been crazily promoting a bunch of random VC coins. The last one took a hit, VANA, VELODROME, ME, MOVE, ACX, THE……
This rhythm feels familiar, reminiscent of April and May, so do you think CAT and PENGU can hold up? 🤔🤔 #PENGU开盘 #USUAL现货开盘预测 #VANA开盘
The correction of the MEME sector is almost over. WIF, BOME, PNUT, and PEPE can all be purchased 3-5 points below the current price. #USUAL现货开盘预测 #市场全线看牛?
However, the copycat whales have also started to sell off. In the past 24 hours, $13.86 million worth of $ENA, $MKR, and $ONDO have been deposited into exchanges...... #加密用户突破1800万 #BTC再创新高 #ETH🔥🔥🔥🔥
The previous bull market can roughly be divided into several stages: 1. BTC dominance rises, altcoins suffer, BTC remains strong. 2. ETH takes over and skyrockets, with hot altcoins rising alongside Ethereum, such as L2, blockchain games, metaverse+, new public chains, and other tracks. 3. All coins rise, scenarios where assets double overnight, MEME performance season, shitcoins flooding the market, various altcoins, scam coins, and worthless tokens rise to make you question life. Various wealth myths, more numerous than small ads, FOMO reaches its peak. 4. A complete collapse, mainstream coins significantly retrace, and altcoins plummet.
However, since this round of the bull market began, the fundamentals have changed, so it probably won’t rotate like this anymore.
The script for the first stage is the same, but starting from the second stage, ETH won’t skyrocket continuously; it will experience ongoing fluctuations until this bull market ends, and it may not break its previous high of 5000. The funds rotating out of BTC won’t return to altcoins but will flow back to U.S. stocks and some projects backed by Wall Street and U.S. capital, repeating the cycle.
This market is really suitable for swing trading. Binance launched Vana yesterday, giving a short-term opportunity to enter at 25 and exit at 35. Perfect execution this morning. #VANA开盘 #比特币冲向11万? #加密用户突破1800万
A few hours ago, Trump's crypto project World Liberty address spent 250,000 USDC to purchase 134,216 ONDO. So far this month, Trump's crypto project has bought:
30 million USDC to buy 8,105 ETH 10 million USDC to buy 103 cbBTC 2 million USDC to buy 78,387 LINK 1.91 million USDC to buy 6,137 AAVE 500,000 USDC to buy 509,955 ENA 250,000 USDC to buy 134,216 ONDO #BTC再创新高 #比特币战略储备 #DeFi全线飙升
Yesterday during the live stream, several people asked about Hippo MOODENG. Over the past week, Hippo has dropped by about 16%, and many people are likely stuck in it.
MOODENG is currently priced at $0.37, and the price trend has begun to show a descending wedge pattern, with signs of a reversal. Currently, the key support level for Hippo is $0.35, and those looking to add positions can enter at this level. Recently, we need to observe whether it can break through $0.45; if it does, there will be a rebound. The first target is $0.56, and the second target is $0.74. #MOODENG🔥🔥🔥 #BTC重回关键位置后走势
Sui recently broke through the key resistance level of $4.27. This breakout, along with the crossover of the 9-day and 21-day moving averages (MA), indicates strong bullish momentum.
However, the Average Directional Index (ADX) is at 25.05, suggesting medium trend strength, implying potential consolidation in the short term. Therefore, maintaining support above $4.27 is crucial for sustaining the upward trend and further establishing bullish momentum. #SUI再创新高 #加密市场反弹 #VELODROME将上线币安
The market seems to favor tokens with practical applications: RWA sector: #ondo; DEX sector: #uni; Lending sector: #aave; Domain sector: #ens; All performed well by the end of the year #USUAL现货即将上线 #DeFi全线飙升 #美联储12月降息预期上升
The selected options for this round of pullback are: DOGE, ENA, WLD, PNUT, WIF, all of which are still good, but WIF is a bit slow. #加密市场反弹 #BTC重返10万 #美联储12月降息预期上升
#Today's Market Watch# The Shanzhai market had a rebound yesterday. There were too many corrections in the past two days, so we took advantage of the fact that market makers and leeks had not reacted to it and pulled it up sharply. The price is a bit high today, and the market is a bit FOMO. I don't recommend chasing high prices.
Summary of Penny's 10 Long-term Spot Layouts and Returns for the Second Half of the Year💰💰
Penny published an article in late September, stating that this bull market only focuses on 3 tracks: 1. Meme 2. AI Sector 3. RWA Sector
First, there's no need to say much about Meme, which is the main theme of this bull market. The main ones are WIF, PEPE, BONK, and BOME. Except for BOME, which is stagnant, the others have performed quite well:
AI has consistently led everyone to follow WLD, ARKM, and FET as the three leaders. Other than FET, which is a bit lacking, the others are doing well. Yesterday, the well-known market maker DWF Labs announced the launch of a $20 million AI Agent fund, which can be a key focus moving forward.
Next is the RWA sector, where ONDO and OM have lived up to expectations and exploded at the end of the year, while PENDLE has also seen a steady rise. Recently, the RWA track has seen significant breakthroughs, such as usual.
The previous phase of selecting 10 targets has concluded, with a total doubling in three months. In the next phase, Penny will select another 10 targets, and everyone is welcome to charge forward with me again.
Market volatility intensifies as Pump.fun sells over 24 million USD in SOL
Hello everyone, I am Penny. Just four hours ago, Pump.fun transferred 109,587 SOL (worth 24.36 million USD) to Kraken, making headlines once again.
However, due to several factors, the sales speed of SOL at Pump.fun is expected to slow down in the coming months: 1. Depleted reserves: Over the past two months, Pump.fun has nearly exhausted its SOL holdings. The remaining assets include only 100,000 JITOSOL, valued at 25.85 million USD. 2. Decrease in transaction fee income: The speculation around SOL-based meme trading has weakened, leading to a significant drop in transaction fee income. In November, Pump.fun's daily transaction fee income was 15,000-20,000 SOL. By December, this figure had halved to about 10,000 SOL per day.
During the decline over the past two days, nearly 1 billion USD flowed into BTC ETF!
Retail investors were forced to hand over their chips, while institutions successfully lowered the average price. After going back and forth a few times like this, the chips in retail investors' hands were drained, making it easier to pump the price later. #加密市场回调 #市场回调抄底还是观望?
It's hard for everyone to believe that it has dropped to this extent. How things will go from here still depends on Bitcoin and Ethereum, so let's analyze the market first.
BTC did not bounce back yesterday, and the 4-hour MA120 has turned into a resistance level. The daily MACD is still in a bearish trend. If it cannot break through 9730 soon, which is the 4-hour MA120 position, there is a risk of dropping to 90,000;
ETH's daily MACD has formed a death cross recently, indicating that it will start to weaken in the short term. There is an expectation of a rebound to 3700 today, but if it can't rise, there will be a correction to 3350 in the short term. #市场调整后的方向 #加密市场回调 #大盘走势