🆕November job market report worse than many think!
The job report from the U.S. Bureau of Labor Statistics (BLS) for November brings both positive and negative signals:
• The number of jobs increased by 227,000, exceeding expectations of 220,000, indicating that the labor market continues to maintain growth and economic confidence.
• However, the unemployment rate rose to 4.2% (higher than forecasted and close to the peak of 4.253% in July), surpassing the 36-month average, raising concerns about the long-term stability of the labor market and potential economic pressure in the future.
After sweeping the liquidity peak, MJH has adjusted the order flow.
The price is in a trading range that is difficult for Long and Short, so it's advisable to limit trades and wait for the next signal, as the end of the year is quite sensitive.
Wait for a breakout through the MJH area of 99k5 before considering Long, as the current trend is upward and will be prioritized.
+ US stocks are flat, Bitcoin retreats to $95K, most altcoins are in the red
+ The number of unemployment claims in the US rises to the highest level in 3 years [CT]
📝 ETF Spot on 26/12 [CT] + BTC is up $418.7M; notably Fidelity +$254.4M and Ark +$186.9M, Blackrock has no data + ETH is up $89M; specifically Fidelity +$83M, BlackRock has no data
+ Bitwise applies to establish the Bitcoin Standard Company ETF, focusing on investing in companies that hold Bitcoin as financial reserves like MicroStrategy [CT]
+ The Central Bank of Brazil proposes banning the transfer of stablecoins to personal wallets to control off-exchange transactions [CT]
+ Bitget will merge $BWB into $BGB into a single token for both the crypto exchange and Bitget Wallet at a conversion rate of ~11.68 $BWB:1 $BGB [CT]
+ Frax Finance votes to add Blackrock $BUIDL as collateral for the stablecoin frxUSD starting from 27/12 -1/12025 [CT]
+ 2 former CEOs of Alameda and FTX have their sentences reduced for cooperating with the investigation: Former Alameda CEO Caroline Ellison is expected to be released in July 2026 Former FTX Digital Markets CEO Ryan Salame is expected to be released in March 2031 [CT]
+ Jupiter will airdrop 7 million $JUP in January, with 5 million tokens allocated for users trading > $1,000 and stakers of $JUP [CT]
+ ChainOpera AI raises $17M, led by Finality Capital, developing an AI-focused L1 blockchain [CT]
🚀🚀 Since the price increase cycle began, we have seen the average age trend of cryptocurrencies over the year (365 days) increasingly rise (green arrow). Additionally, there is a short-term trend (30 days) indicating that holders tend to keep their coins longer.
The market is dominated by HODL sentiment: BTC holders are shifting their coins less frequently and prefer to hold them for longer periods.
This is a positive factor supporting the bullish trend, as the reduction in the number of "young" coins in circulation decreases potential selling pressure.
Join the VIP group to exchange with everyone by messaging @vhauwtpe for free access.
🚨 What happened in the Crypto market in the last 24 hours 🚨
• $BTC - The asset management company Strive, led by Vivek Ramaswamy, has filed with the SEC for the "Strive Bitcoin Bond" ETF to provide investors access to MicroStrategy's convertible bonds.
• The Japanese Yen has now dropped to 158 against the US Dollar and is at its weakest level since July. The Bank of Japan is divided on when to raise interest rates.
• $MOODENG - Vitalik Buterin has donated over $293,000 to a zoo in Thailand to adopt Moo Deng. Vitalik Buterin has become the "foster father" of the nano pig Moo Deng. The price of $MOODEN has started to rise 😁
• $JUP - Jupiter has announced the Jupuary 2025 plan for an airdrop of 700 million $JUP in January 2025.
• $FXS - Frax Finance has launched a governance vote to add Blackrock's $BUIDL as collateral for the Frax USD (frxUSD) stablecoin.
• $BGB $BWB - Bitget merged Bitget Wallet Token (BWB) into Bitget Token (BGB) to create a single ecosystem token, Bitget. The exchange rate will be approximately 11.68 $BWB for 1 $BGB.
• $BONK - Bonk Dao has burned 1.69 trillion $BONK (~$52 million) for BURNmas.
• Aave still wants to leave Polygon despite canceling the controversial proposal to mint $1 billion in stablecoins.
• $PENGU has surpassed $BONK to take the top spot among Solana meme coins.
Join ❤️ VIP Group message tele @vhauwtpe for free access.
🇹🇭Thailand reveals the possibility of accepting Bitcoin with a pilot payment program, allowing tourists to pay with crypto in Phutex city.
However, this is not yet a final decision as the Bank of Thailand is currently prohibiting the use of crypto as a payment method. They need to approve this pilot program.
——————————— 👉 Register an account below to join the Future and Spot VIP group, all for free!!
👉 Tele @vhauwtpe
👉 The Bitunix exchange link is among the top exchanges and offers many benefits for newcomers 🆕: https://www.bitunix.com/register?inviteCode=ycrz3b
Here are some future orders for you $merl $TURBO , there are coins on our exchange that only we have, and anyone who wants to join the VIP group can message me on Telegram @vhauwtpe to get into VIP for free. The condition to enter VIP is to register an account on the Bituinix exchange.
The Blue Beyond team has just partnered with Bitunix, one of the top 10 international exchanges.
👉 Welcome offer tripled for new users:
* Registration bonus: Get VIP rights for free for 7 days. * First deposit bonus: Receive $5 USDT. * First trading bonus: Receive an additional $5 USDT.
❤️ Spot and Future trading fees are extremely low: 0.1% spot and 0.06% future.
✅ No KYC required.
✅ Additionally, after registering, the account will participate in VIP Spot and Future trading strategies every day.
👉 Join now to not miss out on the upcoming 3rd birthday events of the exchange.
👉 Click the link here!
🚀💥 Together with Bitunix and Blue Beyond to conquer new milestones!
After the news broke yesterday that Russian companies 🇷🇺 are using #Bitcoin for international trade, the likelihood of 🇨🇳 China legalizing Bitcoin by 2026 has increased to 47% on @Kalshi $BTC
Is that so, Teacher Bang? Last time you said ALT and we all ended up in the street, now you’re saying LONG, to be honest, do you still have any tricks up your sleeve? Just so I know how to make some money for Tet. . . . I’m really scared 😁😁😁 Just kidding, I am really scared, let's just go with Spot, okay guys?
This saying may sound simple and old, but it is one of the most profound lessons that I believe any trader must remember and experience!
When the market goes against your prediction, don't try to argue with it. Accept the reality and adjust your strategy. Because, in the end, the market always has a reason for its fluctuations.
And tomorrow when the market reopens after a holiday, there will inevitably be big fluctuations, so remember this saying! #trading#quotes
🔥🔥🔥Investors accumulated 225,280 Bitcoin in December amidst significant selling pressure📈
💵💵According to a report from CryptoQuant, BTC accumulation addresses recorded strong growth in demand in December, with a total of 225,280 BTC purchased net by investors as of December 23. 🔥This increase marks an 82.6% rise compared to the previous month, indicating that the Bitcoin accumulation trend is becoming increasingly strong.🔥 $BTC