$ETH In 2024, #ETH truly disappoints many investors regarding its growth. The current price of #ETH is moving sideways around 3k-3k6. Understanding the psychology of many investors focusing on holding ETH, MM creates games that discourage holders and lead them to switch to coins with higher growth rates. Generally, in the short term, ETH will not increase much.
#DeepSeekImpact Destroying hundreds of billions of dollars from the US stock market 💸 Pulling the cryptocurrency market down with it 🪦 Pushing ChatGPT out of the number 1 spot on the App Store 🥋 So... What is the problem with DeepSeek-R1? It turns out, it makes people sweat because: • Insanely effective • Almost free • And quite amazing
$BTC Now the older brother will hover around the 98-97k range to let the Alt kids gradually dump down, until the brothers are scared and unload everything to reach the target, then the exchange will pump it up again for the brothers to Fomo in, that's the wickedness of the exchange right now :))), until there's enough selling off, there won't be any pump at all. If you have money, just gradually enter.
#USConsumerConfidence US consumer confidence is currently fluctuating due to the influence of many economic factors. The consumer confidence index in December 2024 increased to 108.3, higher than expected, thanks to the stability of the labor market and low inflation. However, there are still many concerns about the economic outlook in 2025.
One of the main factors boosting confidence is the decline in inflation, making the prices of goods and services more affordable for consumers. In addition, the unemployment rate remains low, reinforcing the confidence in income and employment.
#MarketPullback The 4-hour candles show 2 very strong bearish candles. Press down and there are no signs of a decrease, do not rush to catch the bottom in this area, carefully observe the 100k zone to see how the buying force reacts before considering. If you ask whether to look for selling opportunities, the answer is no because the price has gone too far already. Selling now is also very dangerous as the buying force can participate at any moment.
$SOL Solana (SOL) is a high-performance blockchain platform focused on providing fast and low-cost decentralized solutions. With a Proof-of-History (PoH) consensus mechanism combined with Proof-of-Stake (PoS), Solana enables thousands of transactions per second, reducing congestion and increasing scalability. The Solana ecosystem includes many prominent projects in the fields of DeFi, NFT, and Web3, such as Serum, Solend, and Magic Eden. It is an attractive option for developers who want to build efficient and optimized decentralized applications (dApps).
#SOLETFsOnTheHorizon CoinShares and Grayscale have filed new ETF applications, while the SEC’s first review deadline for Solana ETF applications is set for January 25, 2025. With big players like VanEck and Bitwise in the game, is this the next big thing for crypto ETFs? Will Solana ETFs get approved and bring in new institutional capital? Share your thoughts below!
$BNB The price of BNB on Binance today is $689.60 with a trading volume in 24h of $10.32M, giving Binance Coin a market capitalization of $100.41B, resulting in a market dominance of 2.62%. The price of Binance Coin has fluctuated +1.00% in the last 24h.
#TrumpCryptoOrder There are rumors that a bold new cryptocurrency decree is being prepared, and guess who is behind this decree? 👀 That's right, it's Donald! Whether you love him or hate him, Trump's influence on cryptocurrency will bring chaos, excitement, and FOMO all at once. Is this the beginning of a cryptocurrency bull run or just another Trump distraction? As discussions about regulations, market changes, and meme coins ($TRUMP) flood the space, one thing is certain: cryptocurrency never sleeps.
$ETH From now until the end of the month, there are only 9 days left. ETH has not grown as it historically has; this season is very different from the past. While BTC continuously breaks ATH at 73k, 100k, 108k, ETH is still just decreasing and decreasing at this point. Market makers are pushing ETH and Altcoins into a corner. There is a high possibility that ETH will not grow in January; we may not see clear signs of the market until February 2025. Will there be a 'Divine Intervention' or a 'Centennial Deception'?
#ETHProspects #ETHProspects ETH is currently ranked as the only cryptocurrency in the top 10 by market capitalization that has experienced negative returns in the past 30 days. With crowd sentiment dropping to new lows each week, this altcoin is facing a lack of growth momentum. However, on-chain data suggests that a price recovery could come much sooner than expected.
$BTC #BTC BTC in the short term is looking bad, the fud news from yesterday has bent the trend to the D3 frame - I predict BTC will have a bounce back to the 98-100k range one more time, it may go deeper to 95-96. Then it will officially start to increase in price and break ath again. - This time is quite sensitive because BTC is fluctuating strongly according to the news. Everyone remembers to be careful, trade small, and set full stl. - This morning I called everyone to short the 102-103 range. Stl is support at 104000. - Altcoin I see is still being heavily drained and may test back to the bottom of December.
#BTCBreaksATH #BTCBreaksATH The buying force is more evident on H4 when a H4 candle appears with a very long lower wick and maximum volume. Thus, the selling pressure when BTC reached ATH may only be a short-term profit-taking leading to a slight market correction, so I still maintain the view that BTC will break the peak in the near future.
Eos - A highly potential project for web3 with a strong technical team and a clear development strategy aimed at addressing the missing foundations of web3 and Web3 wallets.
With its core foundational values, the EOS project has attracted a large user base since the beta phase, growing even stronger upon official launch. As a testament to its promising future, EOS has been listed on all reputable exchanges, including the top exchange, Binance. The price of EOS has been gradually increasing, not only due to its intrinsic values but also reflecting the confidence of investors, making it an excellent choice.
#OnChainLendingSurge The significant growth of TVL on Linea only occurred after two prominent projects, Renzo Protocol and Zero Lend, launched on this network. Renzo Protocol, the first Liquid Restaking project on L2s, garnered substantial interest following the Etherfi token release event. Meanwhile, ZeroLend is a Lending platform that allows the use of LRT as collateral, with incentives such as x2 EZ Point when depositing ezETH from Renzo and supporting leverage strategies. The combination of these two projects has attracted a large influx of capital from the Restaking trend to Linea.
• Bullish scenario (hold 96,000, recover to 98,000): ~35%. Optimal strategy: 1. Prioritize Short orders: • Entry: 96,500 - 96,800. • TP: 94,800, further to 94,000. • SL: 97,500. 2. Enter Long orders if it breaks down to the 94,000 zone: • Entry: 94,000 - 94,300. • TP: 96,000 - 97,000. • SL: 93,500. Manage your capital carefully & be ready to adjust your orders if the market moves sharply.
#BitcoinHashRateSurge Bitcoin hashrate has achieved impressive growth, signaling an increasingly robust network strength. This could be a positive signal for the stability and long-term potential of Bitcoin!