Today's market
OKX market data shows that this morning, BTC rose again to break through $91,000, and is now quoted at $91,126, with a 24-hour increase of 2.9%; ETH broke through $3,100, temporarily reported at $3,107.21, with a 24-hour increase of 1.47%. SUI rose to $3.62, a record high.
Stimulated by the positive news that the US SEC may resign, XRP (Ripple) broke through $0.87 in a short period of time, and is now quoted at $0.864, up more than 21% in 24 hours, setting a new high in this round of bull market.
Meme tokens on the Solana chain rose across the board, including: GOAT's market value is now $1.11 billion, up 18% in 24 hours; MOODENG's market value is now $670 million, up 43.9% in 24 hours; LUCE's market value is now $280 million, up 25.3% in 24 hours; AI16Z's market value is now $270 million, up 23.3% in 24 hours; SHOGGOTH's market value is now $159 million, up 122.1% in 24 hours. Currently, Meme coins may be the only ones in the market that are following Bitcoin in the "bull market carnival." About 90% of the top 20 crypto market gainers are Meme coins. The ETH/BTC exchange rate fell to 0.03457, a new low since the current bull market. Bitcoin's market share (BTC.D) hit 61.35% yesterday, setting a new high since the current bull market.
Therefore, on November 15, several altcoin project owners, including Litecoin, yearn.fi (Uncle), Manta, TRON DAO, and Renzo, posted on social media, jokingly saying: "Given the current market conditions, I think we are actually a Meme coin project."
According to Coinglass data yesterday, if Bitcoin falls below $86,000, the cumulative long order liquidation strength of mainstream CEX will reach 1.389 billion. On the contrary, if Bitcoin breaks through $89,000, the cumulative short order liquidation strength of mainstream CEX will reach 782 million.
Even if the decline liquidates more longs, today's greed index still rose to 86, and BTC rebounded to above $91,000, indicating that the market has already looked down on the profit difference of $600 million this month, and everyone can't restore calm for a long time. The liquidation chart indicator that has been tried and tested in the volatile market is now officially invalid in the bull market environment.
