Buying power is very strong. Although the lows keep moving down, it can always bounce back. In a bullish market environment, fluctuations are very normal, and it can quickly rise again. Those who shorted during the main upward wave are losing money and missing out. The more short sellers there are, the higher it pulls up. There is no pressure for the coin dealers to break through previous highs; they can pull it up however they want!
Starting today’s key sharing:
1: On December 4th, the net inflow of US Bitcoin was $676 million, with a continuous net inflow of funds for 4 days. The net inflow of Ethereum was $132.6 million, with a continuous net inflow of funds for 7 days, confirming a bullish trend.
2: Four institutions' Solana ETF applications will undergo the SEC's first review on January 25, 2025. The speculation on Sol should continue, and the related ecosystem should be monitored.
3: A giant whale purchased 11,257.7 ETH at an average price of $3,560 and has sold at $3,649, making a profit of $1 million 💲. The giant whale is bottom fishing during the bullish market; currently, there are 15 gains and 4 losses.
4: Tonight, there will also be data releases such as ADP and PMI. Bottom fishing is expected.
5: BTC cannot go down; it quickly rebounds on bottom fishing. The buying power is strong. Even if it goes down, it will once again push up to the previous high of 99,640. You can refer to Ripple's operations. Support below at 95,500, 94,170, and defend 93,600.
6: For Ethereum, it shows a bullish trend. You can pay attention to these two positions to try going long: one is around 3,621, and the other is around 3,575, defending at 3,538.
7: Friends who maximized profits in recent years entered the market in October and held on. Even without trading spot for half a year, there are still 3-4 times the returns.
8: The Trump administration has opened the IPO listing channel for cryptocurrency companies, and Binance US is expected to be included.
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Binance is preparing to introduce strategic shareholders, with Abu Dhabi or Dubai potentially joining, leading to a surge in BNB.