Tim Beachman leSO
@Square-Creator-082dd25d1fdd
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#ChristmasMarketAnalysis Does the Christmas market still exist? An analysis of history and reality for you.
Every year-end, cryptocurrency enthusiasts dream of the so-called "Christmas Market", meaning that with increased liquidity of capital and market sentiments during the holidays, major cryptocurrencies like Bitcoin experience a bullish wave at the end of the year. However, this year's market performance and comparisons with data from recent years may cause people to reconsider this long-awaited expectation.
"Christmas Market" in History
1. Peak of the Bull Market in 2017:
Bitcoin began to sharply correct after reaching an all-time high of nearly $20,000 on December 17, and a brief recovery occurred a few days before Christmas, but ultimately the decline continued without forming a trend of the "Christmas Market".
2. Bull Market of 2020:
The Christmas Market in a bull market is very strong: Bitcoin rose from $19,000 at the beginning of December to $28,000 after Christmas, marking the start of the bull market in 2021.
Every year-end, cryptocurrency enthusiasts dream of the so-called "Christmas Market", meaning that with increased liquidity of capital and market sentiments during the holidays, major cryptocurrencies like Bitcoin experience a bullish wave at the end of the year. However, this year's market performance and comparisons with data from recent years may cause people to reconsider this long-awaited expectation.
"Christmas Market" in History
1. Peak of the Bull Market in 2017:
Bitcoin began to sharply correct after reaching an all-time high of nearly $20,000 on December 17, and a brief recovery occurred a few days before Christmas, but ultimately the decline continued without forming a trend of the "Christmas Market".
2. Bull Market of 2020:
The Christmas Market in a bull market is very strong: Bitcoin rose from $19,000 at the beginning of December to $28,000 after Christmas, marking the start of the bull market in 2021.
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#ChristmasMarketAnalysis During Christmas, the cryptocurrency market, along with other financial market assets, historically experiences a downward trend, suggesting that this is a cyclical market trend.
Traders should be aware of this market behavior to adjust their strategy.
Traders should be aware of this market behavior to adjust their strategy.
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• In 7 days, Justin Sun withdrew 39,999 ETH ($143M) from Lido Finance and Etherfi and transferred everything to HTX.
• Since November 10, when ETH started to rise, he transferred 108,919 ETH ($400M) to HTX at an average price of $3,674, often at peaks.
• He currently has 42,904 ETH ($139M) in the process of unstaking from Lido, which may soon go to HTX.
🟣 YouTube 🟣 Chat 🟣 Trading club 🟣 Trading channel 🟣 Invcoin support
• Since November 10, when ETH started to rise, he transferred 108,919 ETH ($400M) to HTX at an average price of $3,674, often at peaks.
• He currently has 42,904 ETH ($139M) in the process of unstaking from Lido, which may soon go to HTX.
🟣 YouTube 🟣 Chat 🟣 Trading club 🟣 Trading channel 🟣 Invcoin support
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📉Ethereum Analysis📈
🔴The picture for most altcoins will be similar to Ethereum.
🔵At the moment, we have a range in the range of 3100-3570.
🔴The fair price area is also - $3320.
🔵In the near future, the main focus and trading will be concentrated in this range (3100-3570).
🔴This is done to create liquidity.
🔵At the moment, we have a range in the range of 3100-3570.
🔴The fair price area is also - $3320.
🔵In the near future, the main focus and trading will be concentrated in this range (3100-3570).
🔴This is done to create liquidity.
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📉Ethereum Analysis📈
🔴The picture for most altcoins will be similar to Ethereum.
🔵At the moment, we have a range in the range of 3100-3570.
🔴The fair price area is also - $3320.
🔵In the near future, the main focus and trading will be concentrated in this range (3100-3570).
🔴This is done to create liquidity.
🔵At the moment, we have a range in the range of 3100-3570.
🔴The fair price area is also - $3320.
🔵In the near future, the main focus and trading will be concentrated in this range (3100-3570).
🔴This is done to create liquidity.
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Binance Announcement
--
Binance has completed the Wise Monkey (MONKY) airdrop for holders of FLOKI (FLOKI) and ApeCoin (APE)
This is a general announcement. The products and services described here may not be available in your region.
Dear Binance community members,
Binance has completed the distribution of the Wise Monkey (MONKY) airdrop for holders of FLOKI (FLOKI) and ApeCoin (APE). Users can see the token distribution history here.
Dear Binance community members,
Binance has completed the distribution of the Wise Monkey (MONKY) airdrop for holders of FLOKI (FLOKI) and ApeCoin (APE). Users can see the token distribution history here.
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Litecoin Price Analysis for Today (December 23, 2024)
The current price of Litecoin ($LTC ) is $102.17, the price has increased by +1.92% over the last 24 hours. LTC is currently available on 86 exchanges, and in the last 24 hours, 8,816,639 LTC coins have been traded, amounting to a trading volume of $900,762,685.$BTC $BCH
Today, Litecoin (LTC) opened at $99.77. It has increased by 2.40% from the opening price. After dropping to $98.17, it is attempting to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -30.32% and -21.67%, while from the minimum recorded price over the same period, it has increased by 17.09%.
According to our analysis, LTC needs to stay above $97.73 to potentially move towards the first important resistance level at $105.65. A breakout above $105.65 could lead to an increase in LTC to the next resistance level at $115.14. The third resistance is at $130.13.
If the price drops, the first support level to watch is $97.73. If this level does not hold, further decline to the next support level at $88.55#2024withBinance #2024To2025 is possible.
The current price of Litecoin ($LTC ) is $102.17, the price has increased by +1.92% over the last 24 hours. LTC is currently available on 86 exchanges, and in the last 24 hours, 8,816,639 LTC coins have been traded, amounting to a trading volume of $900,762,685.$BTC $BCH
Today, Litecoin (LTC) opened at $99.77. It has increased by 2.40% from the opening price. After dropping to $98.17, it is attempting to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -30.32% and -21.67%, while from the minimum recorded price over the same period, it has increased by 17.09%.
According to our analysis, LTC needs to stay above $97.73 to potentially move towards the first important resistance level at $105.65. A breakout above $105.65 could lead to an increase in LTC to the next resistance level at $115.14. The third resistance is at $130.13.
If the price drops, the first support level to watch is $97.73. If this level does not hold, further decline to the next support level at $88.55#2024withBinance #2024To2025 is possible.
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$BTC The chart shows Bitcoin (BTC/USDT) on the daily time frame forming a rising wedge, which is often a bearish reversal pattern. The price is approaching the top of the wedge, suggesting a possible breakout is imminent. The RSI is showing a bullish divergence with higher lows, confirming short-term bullish momentum. However, the bearish RSI divergence at the top hints at weakening of the trend. This is why I am bullish on this coin #square
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#BTCNextMove After the recent Bitcoin rally, many investors are curious about what the next step for BTC will be. Analysts have differing opinions: some suggest a correction, while others anticipate a new price increase. It is important to monitor market dynamics and make decisions based on fundamental and technical analysis. #BTCNextMove #bitcoin #cryptocurrency #CryptoMarketAnalysis $BTC $BNB
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On-chain data shows significant supply
The consolidation is intensifying due to significant supply on top, highlighted by IntoTheBlock's in-the-money and out-of-the-money indicator. The immediate out-of-the-money range between $0.000023 and $0.000024 represents $21.36 trillion in incoming supply, held by 12.61 thousand addresses that are likely looking to lock in profits. Despite this supply, 78.95% of the trading volume remains in-the-money.
The positive in-the-money zone consists of 132.51 trillion Pepe tokens valued at $3.08 billion, while the out-of-the-money zone contains 35.3 trillion Pepe tokens valued at $821 million.
PEPE Price Targets
According to Fibonacci levels, the bullish recovery may face resistance at the 38.20% level at $0.000027762. If the rally extends, target levels include $0.00003583 (61.80%) and $0.00004297 (78.60%). Conversely, a bearish continuation may test support levels at the psychological $0.000020 mark and horizontal support at $0.000018366.
The consolidation is intensifying due to significant supply on top, highlighted by IntoTheBlock's in-the-money and out-of-the-money indicator. The immediate out-of-the-money range between $0.000023 and $0.000024 represents $21.36 trillion in incoming supply, held by 12.61 thousand addresses that are likely looking to lock in profits. Despite this supply, 78.95% of the trading volume remains in-the-money.
The positive in-the-money zone consists of 132.51 trillion Pepe tokens valued at $3.08 billion, while the out-of-the-money zone contains 35.3 trillion Pepe tokens valued at $821 million.
PEPE Price Targets
According to Fibonacci levels, the bullish recovery may face resistance at the 38.20% level at $0.000027762. If the rally extends, target levels include $0.00003583 (61.80%) and $0.00004297 (78.60%). Conversely, a bearish continuation may test support levels at the psychological $0.000020 mark and horizontal support at $0.000018366.
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keep it up
Liquidation Breakdown!
$LTC takes a hit, liquidating a $57.9K long position at $100.54, signaling a decisive bearish turn.
The sellers are in control, dragging LTC below the critical $101 support.
Next Move Hints:
Bearish Outlook: Continued selling pressure could push $LTC toward $98, with a deeper correction potentially targeting $95.
Key Resistance: A bounce above $101 is essential for bulls to regain momentum, with $105 as the next upside target.
$LTC traders, brace for volatility—are you riding the trend or waiting for the reversal?
#BinanceAlphaAlert #BTCNextMove #USUALBullRun
#ElSalvadorBTCReserve
#USJoblessClaimsFall
$LTC takes a hit, liquidating a $57.9K long position at $100.54, signaling a decisive bearish turn.
The sellers are in control, dragging LTC below the critical $101 support.
Next Move Hints:
Bearish Outlook: Continued selling pressure could push $LTC toward $98, with a deeper correction potentially targeting $95.
Key Resistance: A bounce above $101 is essential for bulls to regain momentum, with $105 as the next upside target.
$LTC traders, brace for volatility—are you riding the trend or waiting for the reversal?
#BinanceAlphaAlert #BTCNextMove #USUALBullRun
#ElSalvadorBTCReserve
#USJoblessClaimsFall
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cool keep it up
🚨 Why does the market always move against you? 🤯
Have you ever felt like the market is playing games with you? You buy, and the price immediately drops. You sell, and boom — it skyrockets! It's not a curse, and the market is not targeting you personally. This frustrating pattern comes down to psychology, volatility, and market mechanics. Let's uncover the hidden truth and help you trade smarter:
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