SOL Long Position Operations Become Winners!!! Account Explodes with Profits, Earnings Soar to New Heights
Solana (SOL) has recently demonstrated strong upward momentum, with on-chain data indicating active buying, accelerated capital inflow, and a clear shift in market sentiment towards positivity. On the technical side, the lower Bollinger Band has formed a key support level, and the MACD golden cross further confirms the sustainability of bullish momentum. These signals undoubtedly provide greater imaginative potential for SOL's upward space.
More importantly, SOL is currently in a period of multiple favorable factors overlapping. A solid fundamental background provides strong support for technical breakthroughs, and the next key challenge will be to break through the main resistance level. This breakthrough will determine whether SOL can sustain this vigorous rebound and may potentially hit new highs.
However, market volatility is hard to predict, and short-term fluctuations may serve as a litmus test for confidence. Once the current resistance is broken, SOL is expected to bring new growth opportunities. Follow Mr. Qiu to help you stand firm in the wind!
#SOL #AVA #UTK #pivx #比特币战略储备 $SOL $AVA $UTK

WazirX has been hacked, and Binance has become the rescuer! Can users' losses be compensated?
The WazirX hacking incident has led to $235 million in cryptocurrency being stolen, sparking heated discussions in the industry about security. Affected users are demanding effective measures, especially after missing the selling opportunity during the bull market.
Notably, the $200 million fund flow between Binance and WazirX has raised speculation about whether the 'Binance Rescue Plan' will materialize. On-chain data shows that WazirX's wallet has received funds from Binance's wallet. Some users speculate that Binance may compensate through equity or tokens. WazirX stated that it is currently undergoing asset rebalancing to ensure cold wallet security and will publicly disclose the details of the cold wallet and tokens after completion.
Zettai Pte (the parent company of WazirX) has also submitted an application to the Singapore court, hoping to provide a fair solution for creditors and promote the platform's restart. However, during the incident, Bitcoin's price fluctuated between $63,000 and $64,000, and it has now surpassed $100,000, leading to even greater losses for WazirX users.
The cryptocurrency market is experiencing frequent fluctuations, and security issues have once again come to the forefront. Follow Mr. Qiu to analyze every wave of changes in the cryptocurrency market!
#BTC #AVA #SUI #LINK #USUAL现货即将上线 $BTC $AVA $SUI

Grayscale fully supports Ethereum!!! Lido and Optimism fund boost the DeFi ecosystem to new heights
Grayscale recently launched two new trust funds focused on Lido (LDO) and Optimism (OP), aimed at enhancing Ethereum's scalability and security in decentralized finance (DeFi). These funds reflect Grayscale's confidence in the future development of the Ethereum ecosystem, especially as these two protocols continuously enhance their blockchain efficiency. Despite market fluctuations, Lido and Optimism have seen a rebound thanks to technological advancements, gradually gaining wider adoption.
Optimism offers more efficient transaction scaling, while Lido optimizes the Ethereum staking process; together, they propel Ethereum's growth and strengthen the core capabilities of the blockchain. Grayscale's initiatives allow the crypto community to benefit from these advancements while further supporting blockchain innovation.
Want to learn more about the crypto market dynamics? Follow Mr. Qiu, and let him guide you to explore the potential behind blockchain!
#ETH #AVA #UTK #BTC重回关键位置后走势 #USUAL现货即将上线 $ETH $AVA $UTK

LINK leads the market up! Active addresses and transaction volume both climb, and the future is strong
According to the latest data from market intelligence company Glassnode, the price increase of decentralized oracle network Chainlink (LINK) is driving its on-chain development momentum. Although the surge in prices is mainly driven by speculation and short-term market fluctuations, LINK's fundamentals are gradually improving, especially in terms of active addresses and transaction volume.
Specifically, the number of active addresses of LINK has shown positive growth, and the short-term simple moving average (SMA) is 6,682, which is higher than the long-term SMA of 5,878, indicating that market sentiment is relatively optimistic. Although the number of active addresses is still far below the peak of 2021 (23,416), the improvement in this data has undoubtedly brought more confidence to the market.
At the same time, the price of LINK has reached its highest point since 2022, and the futures open interest (OI) has also hit a record high, showing a high level of trading activity. In particular, LINK's OI is as high as $770 million, three times and two times that of Toncoin ($259 million) and Tron ($356 million), further proving investors' enthusiasm for the asset.
However, there has also been a clear phenomenon of profit-taking in the market. Glassnode pointed out that LINK's profit-taking in the spot market has reached $35.57 million, the second largest profit-taking event this year, second only to $40.39 million on February 11. This is mainly driven by ultra-short-term (1 day to 1 week) and short-term (3 to 6 months) investors, while long-term holders choose to remain silent.
As the impact of short-term market volatility gradually fades, whether LINK can continue to maintain its upward momentum and consolidate its foundation remains to be seen. If you want to keep up with the pace of this market, remember to follow Mr. Qiu, let us deeply interpret the latest developments of cryptocurrency together!
#LINK #AVA #UTK #SUI再创新高 #USUAL现货即将上线 $LINK $AVA $UTK

“DogeReaper” Vulnerability Exposed! Dogecoin Network Suffered Heavy Damage, 69% of Nodes Crashed, Community Faces Trust Crisis
Recently, the Dogecoin network encountered a vulnerability attack named “DogeReaper,” leading to approximately 69% of active nodes being paralyzed, exposing serious security flaws in the old network. According to data from the blockchain analysis platform Blockchain, earlier this week, the number of active Dogecoin nodes plummeted from 647 to 205. Although some nodes have recovered, the current total has risen to 331, but this incident revealed urgent areas for improvement in the network architecture.
The “DogeReaper” vulnerability was first reported by security engineer Tobias Ruck, who noted that hackers could remotely trigger segmentation faults, forcing Dogecoin nodes to crash. Sequentia developer Andreas Kohl admitted on social platform X that he successfully launched the attack using a ten-year-old laptop. Kohl stated that only the old nodes were affected, while centralized exchanges and major custodial platforms were not impacted. In this regard, Kohl added that many Dogecoin users were unaware of the attack because they held tokens through exchanges or third-party custodians.
This attack exposed potential fatal flaws in the decentralized architecture of Dogecoin. Researchers have likened this vulnerability to the “death rules” in Death Note: once triggered, the Dogecoin network could potentially “die,” leading to the suspension of transactions and block generation for several days, severely impacting its normal operation.
Nevertheless, Dogecoin's market performance remains temporarily stable, with the price slightly dropping to $0.4073, a decrease of 2.54%. However, the Dogecoin team is now under immense pressure to quickly fix the vulnerability and restore the security of the network and the trust of the community.
Can Dogecoin overcome this challenge and reprove the advantages of decentralization? To learn more about the exciting stories behind cryptocurrencies, remember to follow Mr. Qiu and explore the changes and developments in the blockchain world with us!
#DOGEUSDT #AVA #UTK #加密市场反弹 #SUI再创新高 $DOGE $AVA $UTK

The SOL long position operation is gaining momentum! The flying pig account on the wind vane is soaring, and peak profits are in sight!
Recently, Solana (SOL) has shown significant upward demand, and on-chain data indicates that buying activity continues to rise, with a clear and strong trend of capital inflow. From a technical perspective, the lower Bollinger Band has established solid support, while the golden cross signal formed by the MACD indicator indicates that bullish momentum is accumulating. Market sentiment is gradually turning optimistic.
From a multidimensional analysis, SOL has the potential for further increases. The support from the fundamentals and the resonance of technical signals constitute the strong performance of the current market. However, the real challenge lies in whether it can successfully break through the upward resistance zone, which not only concerns the continuity of the short-term trend but also directly affects whether SOL can stabilize at a new high in the future.
Additionally, market validation is always an important factor that cannot be ignored. Investors need to closely monitor the performance of key support and resistance levels, especially the momentum release at potential breakout points. This could be the turning point that determines the future trend and a key signal for planning the next strategic move.
Market dynamics are ever-changing, and insight into trends is essential to seize opportunities. Want to learn more about SOL and more crypto market analysis? Follow Mr. Qiu to grasp the bull market opportunities and explore the opportunities and logic within the market!
#SOL #AVA #UTK #COW #SUI再创新高 $SOL $AVA $UTK

Solana's successful comeback!!! First surpassing Ethereum, creating history with developer growth
This year, the Solana ecosystem has witnessed unprecedented developer growth, successfully breaking Ethereum's eight-year reign as the 'developer kingdom.' According to a report by Electric Capital, in July 2023, Solana attracted more new developers than Ethereum for the first time, reaching 7,625 new developers, surpassing Ethereum's 6,456. Among them, the growth of developers in Asia is particularly significant, becoming an important driving force for Solana's development.
At the same time, Solana has surpassed Ethereum in several key metrics this year: on March 18, Solana's network activity exceeded Ethereum's during the memecoin craze; on October 28, Solana's daily network fee generation also surpassed Ethereum for the first time. This series of breakthroughs marks Solana's strong performance in the market.
Nevertheless, Ethereum still holds the overall championship for global developer activity, but its number of developers has decreased by 17% this year, dropping to 6,244. Despite this, Ethereum still has the most developers in **major regions worldwide (Asia, Europe, North America, etc.)**, and its Layer 2 (L2) network has grown by 64% since 2021, demonstrating strong ecological resilience.
Global cryptocurrency ecosystem accelerating expansion
Electric Capital also pointed out that in 2024, the growth of cryptocurrency developer activity worldwide is particularly notable, especially in Asia, Africa, and South America. Developers in Asia account for one-third of the global total, with India leading the world in attracting new crypto developers. Developers from different regions are driving the development of various crypto use cases based on time zones and local demand, making the trend of global crypto activity diversification increasingly evident.
The competition between Solana and Ethereum has intensified, with Solana becoming increasingly strong in the battle for market share, attracting more funds and developers, especially showing strong growth in areas such as stablecoins and NFTs.
In the future, as the market and technology continue to evolve, whether Solana can maintain this momentum and how the competition with Ethereum will evolve is worth our continued attention.
Want to know more about the latest dynamics in the crypto industry? Follow Mr. Qiu to gain insights into trends and seize every opportunity!

Solana Long-Short Ratio Surprises with a Stunning Reversal!!! Market Sentiment Points Bullish, Bull Market Sets Sail
Analysts note that Solana's recent price movement has formed a cup and handle breakout pattern on the long-term chart, suggesting its price could leap to $4,000. If this target is achieved, Solana's market cap will reach $2 trillion, putting it on par with Bitcoin.
Technical and On-Chain Data Working Together
Solana has surged 220% in 2024. Although it has retreated to $220 after approaching its historical high of $264, the Fibonacci retracement level and the 50-day EMA provide strong dual support, indicating that there is still room for price increase. Recently, SOL's daily trading volume skyrocketed to $7.62 billion within a week, with increased liquidity and market interest being the main drivers of its recovery.
Market Recovery: Price rebounded from the support level of $205.41, forming a bullish signal.
Bull Market Signs: Solana's long-short ratio has risen to 1.03, exceeding bearish options for the first time, showing a bullish market sentiment.
Future Potential and ETF Impact
Discussions about a Solana ETF have been increasing recently. Although the SEC has not yet approved it, the market widely expects positive changes in January 2024. With an increase in spot Solana ETF applications, Solana's liquidity is expected to significantly improve, providing new catalysts for price increases.
Additionally, analysts such as Sherpa and CryptoQuant believe that Solana's pullback presents an opportunity for entry at lower levels; this asset not only has a strong technical background but also holds the potential to set new historical highs in the future.
Currently, SOL is trading at $225, with a market cap surpassing $107 billion, possessing the strength to lead the altcoin market. As Bitcoin and altcoins rise together, Solana's upward momentum may just be the beginning.
Want to stay in sync with market trends and seize the latest opportunities? Follow Mr. Qiu, and let’s witness SOL's future leap together!

SOL wind gap takes off, Flying Pig long positions operate, profits soar to the peak!
Recently, SOL has shown strong upward demand, with a noticeable increase in on-chain buying activity and a clear trend of capital inflow. From a technical analysis perspective, the lower Bollinger Band has formed a strong support zone, while the appearance of a MACD golden cross provides sustained momentum for the bulls. These signs indicate that SOL has the potential for further upward movement in the upcoming market.
With favorable conditions on both the fundamental and technical fronts, SOL's future trend is noteworthy. The next question is whether it can break through the key resistance zone, which will determine if the market continues to be bullish. If the breakthrough is successful, SOL will welcome a new round of increases.
Want to capture more opportunities in this volatile market? Don’t forget to follow Mr. Qiu and join us in seizing every wind gap!

Explosive Growth! BlackRock's Ethereum ETF Market Value Exceeds $3.5 Billion, Holdings Close to 930,000 ETH
According to the latest data from BlackRock, as of December 11, the Ethereum holdings of the iShares Ethereum Trust ETF have reached 929056.1186 ETH, with a market value surpassing $3.5 billion, approximately $3,553,946,242.34. This move not only reflects the continuous favor of institutional investors towards Ethereum but also demonstrates the gradual acceptance and trust of traditional finance in crypto assets.
As one of the world's largest asset management companies, BlackRock's holdings are undoubtedly a highlight in the crypto market, indicating that Ethereum's share in institutional portfolios may further increase. With the Ethereum network upgrade and the continuous expansion of the decentralized finance (DeFi) ecosystem, its market performance in the future is worth looking forward to.
This also indicates that in the channels of the crypto market, institutional funds have become an important force driving price increases and market depth. If you have a higher interest in market trends, come follow Mr. Qiu, and together we will provide in-depth interpretations of the ever-changing crypto world!
#ETH #XVG #cvc #AAVE #美联储12月降息预期上升 $ETH $XVG $CVC

Block rewards dominate!!! Bitcoin miners earn an astonishing $67.31 billion in profits
As of December 5, Bitcoin miners have earned a total revenue of $71.49 billion for maintaining network security and processing transactions. Of this, $67.31 billion comes from block rewards, which serve as the core incentive mechanism for miners to maintain network stability, while the remaining $4.18 billion comes from transaction fees, reflecting users' high demand and value recognition for the Bitcoin network.
This data not only highlights the economic sustainability of the Bitcoin network as a decentralized system but also reveals the key role of miners—while protecting network security, they are also an important economic driving force of the Bitcoin ecosystem. As block rewards gradually halve, the proportion of transaction fees in miners' earnings may continue to increase, which will promote further development of network efficiency and the fee market.
The success story of Bitcoin is a model of the perfect combination of technological innovation and economic incentives. If you want to unlock more mysteries of the blockchain economy, follow Mr. Qiu and explore the other side of wealth together!
#BTC #XVG #cvc #AAVE #美联储12月降息预期上升 $BTC $XVG $CVC

TRON chain dominates the USDT market!!! Ethereum and Polygon are in hot pursuit
According to the latest data, the number of USDT holding addresses across major blockchain platforms shows significant differences, reflecting the concentration of assets and market preferences on different chains. The specific situation is as follows:
The number of USDT holding addresses on the TRON chain is the highest, reaching 49.88 million, demonstrating TRON's dominant position in stablecoin trading and applications.
Following closely is the Ethereum chain, with 5.99 million USDT holding addresses. As the core platform of the crypto market, the demand for stablecoins on ETH remains strong.
The Polygon chain has 4.6 million USDT holding addresses. Although slightly behind, its advantages in scalability and low transaction fees still attract a large number of users.
This data reflects the distribution of USDT on different chains and showcases the competitive landscape of various blockchain platforms in stablecoin applications. The TRON chain is clearly the main market for USDT circulation, while Ethereum and Polygon represent the demand for stablecoins in traditional and emerging markets, respectively.
As competition among chains intensifies, USDT, as the mainstream stablecoin in the market, is accelerating its development towards a multi-chain layout. Follow Mr. Qiu to keep abreast of the dynamics in the crypto world, stay one step ahead, and maximize your wealth!
#trx #ETH #POL #SUI #美联储12月降息预期上升 $TRX $ETH $POL

The demand for USDT on the TON chain has exploded!!! The authorized issuance amount has surpassed 1.4 billion USD, and the global stablecoin market has reached a new breakthrough.
According to data from Tether's transparency page, the authorized issuance amount of USDT on the TON chain has successfully exceeded 1.4 billion USD, with a current total of 1,429,976,002.51 USD. Among them, the portion that has been authorized but not issued is approximately 211,387,807.26 USD, while the actual circulation amount is 1,218,588,195.25 USD. This data further highlights the strong demand for USDT on the TON chain and its widespread application as a stablecoin.
Meanwhile, according to CoinGecko data, the market capitalization of USDT briefly surpassed 140 billion USD today, setting a new milestone. Currently, the market capitalization of USDT is approximately 1,397,355,186.69 USD, and this growth signifies its important position and continued growth potential in the global stablecoin market.
The sustained growth of USDT not only demonstrates its advantages as a mainstream stablecoin but also reflects the high demand for dollar-pegged assets in the global cryptocurrency market. In the future, as USDT further expands on multiple chains, its market position may continue to solidify, becoming an indispensable core asset in the crypto economy.
In a volatile market, closely following the changes in USDT's circulation and market capitalization undoubtedly provides valuable reference for investors. Follow Mr. Qiu to capture the wealth opportunities behind the cryptocurrency circle and sail steadily through the waves!
#TON #XVG #CETUS #BTC重返10万 #美联储12月降息预期上升 $TON $XVG $CETUS

ETH2.0 Full Throttle!!! Arrington Capital Invests 3,884 ETH Directly into Etherfi, Betting on the Future
About 2 hours ago, a significant flow of funds caught the market's attention. An address suspected to belong to Arrington Capital withdrew 3,884 ETH from Binance, valued at approximately $15.32 million. This fund did not directly enter the market but was transferred to the Etherfi platform for staking and exchanged for eETH.
This operation indicates that Arrington Capital may be optimistic about ETH's future performance while choosing to earn additional income through staking. With the advancement of ETH2.0, staking has become a new strategy for many institutional investors, and eETH, as a representative asset after staking, is gradually becoming an important part of capital flow.
This staking behavior may bring more ETH into liquidity-rich platforms and could reflect the market's stronger confidence in ETH's long-term appreciation potential. If the demand for ETH staking continues to grow, the market demand for eETH may also further increase, becoming an indispensable role in the ETH ecosystem.
In today's ever-changing market, grasping the pulse of capital flow undoubtedly provides investors with important decision-making references. Follow Mr. Qiu to navigate the crypto space and stay ahead of the trends!
#ETH #BTC #XVG #CETUS #美联储12月降息预期上升 $ETH $XVG $BTC

Flying Pig on the SOL Wind!!! A wave of long orders will take you straight to the peak of profits
SOL has recently shown strong upward momentum, with on-chain data indicating a continuous increase in buying pressure and significant signs of capital inflow. Technical analysis shows that the lower Bollinger Band has established solid support, and the market is seeking stability at this position. Meanwhile, the MACD indicator has completed a golden cross, indicating that bullish forces are accumulating, and there is potential for further breakthroughs in the future. However, it is important to be cautious of the impact of short-term market sentiment fluctuations on prices; rational operations are especially crucial.
Market conditions change rapidly, and trends are in your grasp! Follow Mr. Qiu to help you navigate through the crypto world with ease!
#SOL #XVG #BB #PEPE #美联储12月降息预期上升 $SOL $XVG $BB

Ethereum (ETH) precise targeting, refuse to be an afterthought!!!
Support levels have once again perfectly fulfilled strategy, successfully achieving over 300 points of increase! Signs of a bullish trend for ETH are beginning to emerge, with the stabilization of key support areas combined with a significant increase in trading volume, showing that market buying power is continuously flowing in, accumulating sufficient momentum for further rises.
If ETH breaks through recent highs, it will further confirm the bullish trend, targeting even higher levels; the market is worth looking forward to. The indicator's fast and slow lines are gradually converging, increasing the likelihood of a golden cross, with ample upward momentum. The recovery from the oversold area not only reflects the repair of market sentiment but also provides corrective support for prices.
Combining the current volume structure and technical signals, ETH is expected to rise in the short term, with a focus on breaking through key resistance levels, flexibly adjusting strategies, and going with the trend!
The opportunity has emerged; action is the best validation! Follow Mr. Qiu to capture more market opportunities; you will never miss the next precise layout!
#ETH #sui/usdt #IO #BB #CTXC $ETH $SUI $IO

The XRP crash has initiated a short-selling feast! 570,000 people have been liquidated, and shorts are making a fortune.
XRP is currently facing strong selling pressure, and the market's sell-off is continuing to spread, significantly affecting investor sentiment. According to the 4-hour candlestick chart, the Bollinger Bands are tightening, indicating a decrease in volatility in the short term, and the market seems to be entering a pattern of waiting for a breakout. The 7-day moving average has become the main resistance level, and the MACD fast and slow lines crossing has further intensified market uncertainty.
The consecutive downward pin bar patterns indicate that market sentiment continues to weaken, and the rebound potential for XRP is becoming increasingly limited. The current downtrend is still ongoing, and XRP is facing greater downward pressure. Considering the current technical trends, the rebound potential in the short term is becoming increasingly limited. Students must remain highly alert.
The market is full of volatility, with opportunities and risks coexisting. For experienced investors who seek opportunities from volatility, this is also a challenging moment. How to perceive market fluctuations and find the right entry points is something Mr. Qiu will bring more insights on; follow me to explore the endless potential of the market together!
#xrp #ME #CTXC #aergo #BTC投资案未获微软股东同意 $XRP $ME $CTXC

Bitcoin's Surge Shatters Corporate Asset Dreams! Microsoft's Indifference Sparks Outrage in the Crypto Market!
Recently, Microsoft shareholders voted on a highly watched proposal that suggested investing 1% of Microsoft's cash reserves in Bitcoin to achieve remarkable pressure. This proposal was put forward by the National Center for Public Policy Research in the United States, attempting to persuade Microsoft to follow the lead of companies incorporating Bitcoin into their asset allocation. However, the Microsoft board's opposing stance received support from shareholders, indicating that the tech giant's attitude towards cryptocurrency remains unchanged.
Michael Saylor, Executive Chairman of MicroStrategy and Bitcoin advocate, made a strong defense for this initiative during the meeting. He emphasized that the scarcity and long-term appreciation potential of Bitcoin could provide an effective financial hedge for companies, particularly in terms of valuation. He pointed out that allocating 1% of Microsoft's current $78 billion cash assets to invest in Bitcoin would be a 'high-return, low-risk' strategy. Despite his passionate speech, it failed to sway the hearts of the shareholders.
Microsoft's decision once again ignited traditional companies' attitudes towards Bitcoin. Although Bitcoin's market recognition has significantly increased in recent years, its high alertness and regulatory uncertainty still leave many companies on the sidelines. Microsoft's choice to continue relying on traditional investment methods reflects a psychological defense against digital assets, forming a stark contrast to the growing number of companies venturing into the crypto space.
For Bitcoin, this is undoubtedly a spatial setback, but its story is far from over. Every challenge may pave the way for future breakthroughs. For more updates and in-depth analysis on the crypto space, stay tuned to Mr. Qiu's observational perspective. Want to grasp market trends in real-time? Don’t forget to follow me and ride the next wave of public opinion together!
#BTC投资案未获微软股东同意 #ME #CTXC #USUAL #市场回调抄底还是观望？ $BTC $ME $CTXC

MicroStrategy aggressively increased its BTC holdings to $2.1 billion, continuing five weeks of frantic buying, with no one able to shake Bitcoin's long-term value.
QCP Capital pointed out in its latest report that Bitcoin has shown impressive resilience, maintaining its current price around $97,500. Despite a slight pullback from $94,500, the strong rebound in the market demonstrates Bitcoin's deep support.
This adjustment occurred after Microsoft shareholders rejected a proposal to allocate 1% of total assets to Bitcoin. Although this proposal aimed to use Bitcoin as a hedge against inflation, Microsoft's abandonment did not have a lasting negative impact on the market. On the contrary, MicroStrategy continues to double down, increasing its Bitcoin holdings by another $2.1 billion for the fifth consecutive week, solidifying its $42 billion strategic investment plan. This move not only provides strong support against Bitcoin's downturn but also hints at more acquisitions potentially on the horizon.
Meanwhile, lobbying groups in the crypto industry are applying pressure on SEC Commissioner Caroline Crenshaw regarding her controversial anti-crypto stance, with the Senate set to vote on her position soon. The Republicans view this vote as a resistance to the SEC reforms pushed by Trump, aiming to transform the SEC into an institution that supports innovation and digital assets.
The undercurrents in the market are surging, and the future of digital assets remains full of possibilities. Are you ready to seize the opportunity amidst these changing tides? Follow Mr. Qiu and join us in analyzing and exploring the deeper opportunities behind the market!
#MicroStrategy增持BTC #ME #CTXC #USUAL #币安ME开盘 $BTC $ME $CTXC

XRP Crash!!! 570,000 People Liquidated, Short Sellers Laughing at the Market, Did You Seize This Opportunity?
The XRP market is facing unprecedented selling pressure, with a relentless wave of selling spreading. Analyzing the 4-hour candlestick chart, the narrowing Bollinger Bands indicate limited short-term volatility, suggesting the market has entered a consolidation phase. The 7-day moving average has become a strong resistance level, while the downward crossover of the MACD fast and slow lines further increases the downside risk. The continuous formation of downward pin bars also reveals a significant deterioration in market sentiment.
In the short term, the space for a rebound is extremely limited, and XRP faces greater downward pressure. The weakening of market sentiment indicates that future trends will continue to be under pressure.
In this market situation, some are standing on the cutting edge, while others have suffered heavy losses. In the face of the unpredictable fluctuations in the crypto market, only a clear strategy and rational decision-making can help one stand firm amidst the waves. Follow Mr. Qiu, and let’s discuss how to seize the opportunity in a turbulent market!
#xrp #ME #CTXC #MOVE #BTC投资案未获微软股东同意 $XRP $ME $CTXC