#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
The ALTS market cap is facing resistance at a crucial horizontal supply zone, raising the possibility of a correction or downward move. However, the Ichimoku Cloud is providing strong support below the pattern. A decisive breakout above the supply zone or a breakdown below the support level is needed to confirm the next directional move.
BlackRock's IBTC continues to dominate the Spot Bitcoin ETF market, holding a commanding 71% share, while Fidelity's FBTC secures the second position with approximately 13%.
LINK has reached the accumulation zone, and we may see sideways movement before the next move. You can build your position with proper risk management.
December 29, 2024 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap: $3.33 Trillion 24h Volume: $80.54 Billion BTC Dominance: 56.5% ETH Dominance: 12.3% 🔸BK® Health Standard: 5.5 (1 to 10) 🔸BK® Sentiment: 53% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. ATA: +34% 2. THE: +29% 3. HIVE: +28% Top Losers 1. GMT: -25% 2. STRAX: -9% 3. OGN: -8% BINANCE FUTURES: Top Gainers 1. AIXBTUSDT: +34% 2. ATAUSDT: +31% Top Losers 1. GMTUSDT: -24% 2. OGNUSDT: -7% LARGEST VOLUME (24h) 1. USDT ($65033m) 2. BTC ($22950m) DAILY OUTLOOK ATA, THE, and HIVE are the market's top gainers. Bitcoin and Bitcoin Dominance are moving sideways, reflecting a phase of consolidation and uncertainty. This indecision indicates that traders are cautiously evaluating market trends, potentially awaiting stronger signals before committing to significant moves. The weekly candle close is crucial to watch. Given the current indecisiveness, there’s a strong likelihood of heightened volatility leading up to and following the close. ➖➖➖➖➖➖➖ please like and follow
#BTCUSDT 4 HOURLY CHART ANALYSIS UPDATE 🔄 We are still bullish on #BITCOIN in higher timeframe 💯 However, grabbing the liquidity around 88k level could be more interesting for the market makers. This way price could build a strong enough base to move towards 125k area.