The AVIV Ratio helps us understand how much profit (on paper) the average active investor is sitting on. This helps gauge if the market is overheated or has room to grow. Bull markets typically end when all types of investors are showing big profits. This creates a problem: too many people want to sell to lock in gains, while fewer new buyers are willing to pay such high prices. Right now, the AVIV Ratio hasn't hit its extreme level (+3σ). This suggests investors aren't sitting on excessive profits yet, meaning the market might have more upside potential before profit-taking becomes too tempting.
🐂The crypto bull market will reach a mid-term peak in the first quarter and set new highs in the fourth quarter! We believe the crypto bull market will persist until 2025, reaching its first peak in the first quarter. At the cycle’s peak, we project Bitcoin (BTC) to be valued at approximately $180,000, and Ethereum (ETH) to trade above $6,000 After this initial peak, we anticipate a 3️⃣0️⃣% pullback in BTC, with altcoins experiencing more severe declines of up to 60% as the market consolidates over the summer. However, a recovery is likely in autumn, with major tokens regaining momentum and reaching previous all-time highs by year-end.
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#BTC DOMINANCE ANALYSIS BTC Dominance has broken down from the rising wedge pattern with significant volume and successfully retested the breakdown level. It is now breaking below the 21MA, which has turned into resistance. This sustained decline in BTC Dominance suggests the potential for a bullish rally in the altcoin market.
#BTC/USDT ANALYSIS Bitcoin is rebounding from the horizontal demand zone following a strong downward move from the resistance trendline. It is currently trading above the 100MA, which is acting as a key support level. A breakout above the horizontal supply zone and the Ichimoku Cloud barrier could signal further upward momentum. Monitoring these critical levels is essential.
VIP MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ BTC has broken out of its descending triangle pattern, supported by a notable increase in trading volume. This breakout indicates a potential bullish move. An upward trend will likely follow, immediately or after a successful retest of the triangle's upper boundary, confirming the breakout. ➖➖➖➖➖➖➖
#ADAUSDT The price is compressed and if it can break the downward trendline, we can be sure of a price increase. The price is also above the support area and we give the possibility of growth.
#NEAR/USDT ANALYSIS NEAR is consolidating within an ascending triangle pattern and is currently facing rejection at the horizontal supply zone. The price is also trading within the Ichimoku Cloud, indicating indecision in the market. A decisive breakout or breakdown is needed to confirm the next directional move.
December 30, 2024 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap: $3.28 Trillion 24h Volume: $99.75 Billion BTC Dominance: 56.4% ETH Dominance: 12.5% 🔸BK® Health Standard: 5.7 (1 to 10) 🔸BK® Sentiment: 55% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. AVA: +29% 2. SXP: +22% 3. AGLD: +21% Top Losers 1. HIVE: -15% 2. STEEM: -14% 3. ZEN: -12% BINANCE FUTURES: Top Gainers 1. AVAUSDT: +28% 2. SXPUSDT: +21% Top Losers 1. FARTCOINUSDT: -16% 2. HIVEUSDT: -14% LARGEST VOLUME (24h) 1. USDT ($81600m) 2. BTC ($35700m) DAILY OUTLOOK AVA, SXP, and AGLD are currently the top gainers in the market. Bitcoin is trading above a critical horizontal support level, indicating the potential for a bullish bounce as long as it remains above this zone. With the monthly and yearly candle closures approaching, increased market volatility is likely in the coming days, offering traders opportunities to capitalize on significant price movements. ➖➖➖➖➖➖➖
🔥 BULLISH: Hong Kong legislator proposes adding #Bitcoin to national reserves, leveraging the “one country, two systems” framework to boost financial stability and attract investment.
VIP MARKET UPDATE: $BTC DOMINANCE ➖➖➖➖➖➖➖ BTC.D has broken down from the triangle pattern and is approaching a retest. A successful retest of the breakdown level would serve as bearish confirmation for BTC.D. This scenario typically signals a potential bullish rally in altcoins, as BTC dominance tends to move inversely to the altcoin market cap. ➖➖➖➖➖➖➖
Bitcoin Update!!! Bitcoin is going to hit $90k Liquidity Even in hard case Btc can go below $85K Liquidity is main thing to move #Bitcoin price. Mostly trades holding long trades so market makers plans to hil recent lows to hunt Stoploss. This is not the end of #Bitcoin #bullrun