The annual rate of the US core CPI in November was 3.3%, which was in line with market expectations and the previous value was 3.3%. Therefore, there was not much fluctuation, and the market once again increased the probability of a rate cut in December.
On December 11, the net inflow of Bitcoin ETF was 223 million, and the net inflow of Ethereum ETF was 102 million. Affected by the surge in US stocks, there was no outflow yesterday, but the inflow gradually slowed down.
The Trump Group's crypto project WLFI multi-signature address bought $10 million in ETH in the past 24 hours.
1 million USD LINK and 1 million USD AAVE. This is a bit like a brand adding to the position. The multi-signature address can basically be identified as the project owner’s own wallet address, so today ETH, AAVE, and LINK all began to rise sharply due to this news.
Recently, some mainland Chinese users have received promotional advertisements for cryptocurrency funds on the homepage of Alipay’s fund page, with the content “Global investment, cryptocurrency futures rise, 10 yuan minimum investment, get on board now”. In fact, the fund is Huabao Hai) Technology C (QDIlFOF-LOF), a model of compliant investment in water assets, indirectly holding Coinbase stocks and ARKInvest Bitcoin spot ETF. Currently, each person is limited to purchase 1,000 yuan per day. Something is better than nothing, don’t believe everything you hear. It is impossible for us to directly participate in it at present.
Yesterday, COINBASE included PNUT in its roadmap, and PNUT was launched directly. The famous former US compliant exchange also began to embrace MEME. In the field of MEME, Americans have more FOMO than us, and their culture is there, so this main line will not be let go.
Market Interpretation
The overall market of Bitcoin still looks bad. As long as it reaches 100,000, there will be a lot of physical pressure. Now the U perpetual contract is actually at a negative premium, which means that there are many people shorting, which may also lead to a short-selling situation.
If it breaks 99,000 or reaches 103,000, there will be relatively large liquidations. I think it will be difficult to successfully break through 100,000 this time, and it may fall at any time.
Erbing is strong today. Thanks to the care of the King of Understanding, it is about to climb to 4,000 again. We still have to wait and see whether he will make up for it and the exchange rate will return to 0.04.
SOL linkage is posted, the important Yang power of 240 has not been touched yet, let’s see how it goes after touching it.
In terms of cottage:
Today, in addition to the three concept sectors that Trump has taken care of above, SUI remains strong and has been watching it rise sharply. The related ecosystem CETUS has also started, but CETUS has not yet reached a new high. Is there any opportunity to make up for it?
BB performed very well today, and he can also win a big prize
One of the ecosystems, 0.5-0.55 is a pressure point, maybe it is not easy here. I said before that the big cake ecosystem has not moved. This decline has activated BB, and we can still expect it to break through. Let's see if there is a chance to break through the positive force and reach a new height.
