Market Observation:
Current market rhythm is clear:
• Bitcoin rises, altcoins suck blood;
• Bitcoin falls, altcoins collapse;
• Bitcoin moves sideways, altcoins experience low volatility.

Bitcoin has lost direction in the short term, and we can only look at the second-tier coins for momentum.

Suggestion:
Friends holding a lot of altcoins should not rush to cut losses; most altcoins are near historical bottoms:
• The ones with larger downside potential are only about 35% from historical lows;
• The ones with smaller downside potential are only around 20%.

If you can’t hold and need to change positions, consider whether to run after a short-term rebound of 20%; such repeated operations have little significance. Currently, most cryptocurrencies have already fallen 50% this round, and holding onto a solid coin is crucial to maintaining confidence and avoiding continuous losses.

Strategy:
Wait patiently in spot trading, retreating to advance.

#币安Alpha项目公布 #市场调整後的机会？ #美联储放鹰 #灰度SUI信托基金 #圣诞行情预测

BTC opened the wide screen and looked at the daily structure of the big cake. I selected 3 key support positions. If it does not break, it is fine for the time being. If it breaks, it is very dangerous. You can try to make a small loss near the key position. If it breaks, you must stop loss. Don't take chances.
1. The lower edge of the high-level rising parallel channel, the bottom is currently around 95k. If it breaks through the channel, the trend will be broken and may be transformed into a flatter channel, or it will start to go downhill after forming a peak.
2. The lower edge support of the daily Bollinger is currently around 93500. During the doubling process from 52k to 108k, the daily Bollinger has stepped back twice, but it has not fallen below (same for Ethereum), so this time the stepping back on the daily Bollinger is also a key point. If it falls below, it must be protected.
3. The ice line near 88k is also near the D point of the butterfly pattern. It is the last level. If it breaks, SC may appear. Be sure to pay attention.

#比特币市场波动观察 #加密市场回调 #比特币战略储备 #美联储放鹰

Yesterday's drop was like 3.12, and today's drop feels more like a follow-up or aftershock of 3.13. The liquidation amount in altcoins yesterday far exceeded Bitcoin, and today's drop is also significant but the liquidation amount has decreased a lot. It seems the bulls in altcoins have basically exhausted themselves.

Currently, the amount for the bulls is 1.3 billion, and the amount for the bears is 9.3 billion. I ask the bears, are you panicking?
The darkness before dawn, maintain a good mindset, and the victory of the future is right in front of us.

#币安Alpha项目公布 #加密市场回调 #比特币战略储备 #市场调整後的机会？

Binance's Pre Market trading provides an opportunity for retail investors as it has a purchase limit.
This means that small investors have the chance to buy tokens before the price is significantly driven up by large players. USUAL has already soared under the trading restrictions in Pre-Market.
This offers retail investors the possibility to enter at a low price.
USUAL, as a project in the RWA track, was launched in Binance's Launchpool, demonstrating its potential in the market. USUAL's circulating market cap is currently about $640 million, while ENA's circulating market cap has reached $2.8 billion, showcasing the potential growth space for USUAL.
Both USUAL and ENA belong to the RWA track, and their price dynamics are worth attention.
Based on current market feedback, USUAL is seen as a rising star ⭐ in the RWA track, while ENA, as a benchmark project, may reflect the market's overall recognition and investment enthusiasm for the RWA concept due to its higher circulating market cap.
In summary, Pre-Market trading provides investors with an opportunity to buy USUAL at a relatively low price point, and the performance of USUAL and ENA in the RWA track is also worth ongoing attention. #USUAL现货上线币安 #市场调整後的机会？ #加密市场回调 #币安Alpha项目公布

#BTC is still strong, this is only the third time it has pulled back to the daily MA30, but the altcoin market is indeed tough to navigate. A few days ago, I mentioned that the altcoin market was just experiencing fluctuations, but now it’s clear that it is indeed fluctuating and declining! Haha

Take the example of SAND, it has already pulled back 20% from its peak, but to be fair, it’s really just a 20% pullback; it's just that the path is downward, with jagged movements that are quite painful to deal with.
My personal strategy remains in execution. A while ago was the time to sell altcoins, and now I believe it’s the time to buy altcoins, especially since most altcoins have already pulled back over 20% (using SAND as a reference) from their peaks. There are some techniques to executing this strategy.

For example, the MKR spot I bottomed out on a few days ago has now dropped below my cost price if it is a second bottom. At this point, I need to consider whether to take the loss and cut my position (not optimistic about future trends) or hold on (optimistic about future trends). The optimism or pessimism is regarding the individual coin, not the overall market. I still maintain a positive outlook on the overall market.
So, get down!

In the last 24 hours, there has been a sense of panic, and even early investors have shown signs of reducing their holdings. Although the reduction is not significant, it is indeed occurring. Additionally, short-term investors, especially those facing short-term losses, are also exiting on a large scale. This emotional adjustment may not be resolved in just one day. On Friday, there is still the core PCE data, but the significance of this data has diminished. Powell anticipated the rise in inflation during his speech, and the recent inflation data has impacted whether there will be a rate cut in January, which has almost been priced in. There will not be a rate cut in January, so the core PCE for December is essentially not important. It depends on how the market chooses to interpret it. In reality, I don't think it will have a significant negative impact on the market. Even after calming down, the effect of this data should be erased. The upcoming Michigan University data is similar, but whether the core PCE will lead to negative sentiment regarding the Fed pausing rate hikes is really hard to determine. Even when it just dipped below $97,000, I was wondering if it was risk aversion, but I felt it was unnecessary; there is no risk left to avoid.

In fact, there is a logic:
Last year, the inscriptions on BTC had the most profit-making effect because Binance listed ORDI, which
led to the rise of inscriptions on various chains.
I even still have those charts from the BNB chain.
This year, the most profitable effect is on the SOL chain memes.
Binance has been listing SOL memes for a while, completely igniting market sentiment, especially meme sentiment.
Many memes on the BNB chain were also taking root and sprouting during that time; many quality memes emerged then—everyone should look at the cycle.
Later, more BNB chain memes were listed, and it was originally meant to develop the BNB chain, but the market did not respond accordingly.
Overall, the meme market is also on a downward trend; the question is where the problem lies.

Today's#BTCmarket trend will be very simple. Facing the early morning decline, the most important thing is to see whether the daily price will close above 100,000.
If the daily price closes above 100,000, it means that the short-term price is still running on the upper track of the daily line, and it is still in a healthy correction stage.
Pay attention to the breakthrough resistance of the daily MA7 103,200 position for short-term rising resistance. If the price breaks through, the short-term price trend will continue to return to the strong range of the daily line, and the upward momentum will be stronger.
If there is a small probability of continued decline, the key position of defense is 97,200, the monthly support level.
RSI: Index 58, which is high in the middle. The current index is not far from the short-term correction rebound of 45, and it is even far from the oversold rebound after 30. At present, bullish sentiment still occupies a dominant position, but compared with the previous bullish strength, it has obviously weakened.
CEM: BTC futures index continues to maintain the same price as the spot. From the perspective of the futures market alone, the bullish demand has obviously weakened.
As for the U.S. stock market, it has rebounded after the early morning decline. Driven by the U.S. stock market, the risk market sentiment tonight may bring some positivity to the bulls in the#Cryptomarket.
Summary:
At present, BTC has initially fallen to a mid-level rebound. If it can be maintained above 100,000 this week,#ETH#shanzhai will have a chance to rebound at the weekend. After the decline, some profit-making plates have left BTC. Whether the profit funds can take the opportunity to go to the Shanzhai with better risk appetite depends on whether there are obvious negative factors in the market. At present, there are no obvious negative factors, so you can look forward to it.
Next week, we need to pay attention to the impact of Christmas on market liquidity. Due to the early decline caused by the early morning, as long as BTC does not rise too high this week, the weakening of liquidity on Christmas next week should not be too obvious. #PENGU开盘 #USUAL现货上线币安 #市场调整後的机会？ #加密市场回调 #币安Alpha项目公布

In fact, the surge in 2021 was not that significant; the large multiples, even dozens of times increase were only concentrated in a few sectors, mainly in new public chains, gaming, the metaverse, and MEME. At that time, DEFI also just went a bit crazy and then ended. In the second half of the year, DEFI played dead. Of course, this doesn’t mean that there were no profit opportunities in DEFI, but the major profit opportunities were in public chains, gaming, the metaverse, and MEME.
At the beginning of 2023, the major surge opportunities were in public chains, AI, and MEME; PEPE was born around that time. Meanwhile, the metaverse and gaming slowly fell out of favor. Of course, that doesn’t mean there were no profitable trading opportunities.
From the end of 2023 to the beginning of this year, the major surge opportunities were in AI, public chains, and MEME. Remember WIF, BONK? That was when they came about. DEFI also had Pendle that surged impressively, while others performed mediocrely. At this point, the metaverse is a thing of the past, and gaming only had a slight increase.
Currently, we are experiencing this wave. I don't need to elaborate further. Therefore, in Q1 of next year, if a big market trend is expected, the major surges, without any liquidity injection, will still be in new and old public chains, AI, and MEME.
Of course, there are also new conceptual sectors, such as RWA, Depin, etc., like AI + MEME, AI + Depin, etc. As for others, there are still trading opportunities. That's about it.

Many people have been taken away from their chips again, and large-scale top voices are starting to appear;
In this cycle, perhaps only one type of person can hold onto the chips:
Those who understand that the crypto market is not just about rising due to incremental liquidity, but is also about choosing the optimal assets within the existing pool of funds;
Only those who understand the selection value of crypto assets within the existing funds in this cycle can grasp that crypto's purchasing power is becoming stronger in comparison to overall dollar liquidity, allowing them to fearlessly withstand corrections and hold onto their chips;
This seems to be less than 1%;
Among this 1%, perhaps only 1% of people can understand that Memecoin will show a siphoning ability within crypto assets in the future;
This 1% of 1% can not only hold onto their chips but also achieve true excess returns; #PENGU开盘 #USUAL现货上线币安 #市场调整後的机会？ #加密市场回调 #美联储放鹰

After Trump took office, it is highly likely that he will completely distinguish between cryptocurrencies and securities. Many people may not know this; for example, the $UNI project team once considered giving dividends to $UNI holders, but U.S. law states that once you distribute dividends, you are essentially considered a security, which brings a series of legal issues.
This has led many project teams to be hesitant to empower their tokens, not wanting to cause trouble, and ultimately, tokens can only become points for voting.
If Trump's administration can solve this problem, the great era of cryptocurrencies will truly begin, which is exciting to think about.

The BTC price remains within an upward channel, with a short-term breakthrough of the historical high expected again. The price has reached the upper edge of the pressure zone; currently, the upward momentum is still strong. We can consider entering a long position after a small-level pullback for a potential breakout.

It is expected to enter long positions at a price between 104000-104500, leaving a position for additional buying. The upper target is at least above the new high, which is also very cost-effective. Once it breaks through, it will accelerate upward again.
#加密市场狂欢 #比特币战略储备 #VELODROME将上线币安 #AVA突破3美元 #BTC重回关键位置后走势

ssv: Wait for this coin to break through the historical high. Seeing the market value of 1 billion, there were only LDO and SSV in the pledge track before, but now there are more staking, such as EIGEN ETHFI, so lower your expectations a little.
FTT: There will be new progress in ftt next year, and there are no major problems in the trend.
THE: We haven't seen the bottom yet, so keep waiting. There is no bottom below, so it's hard to judge.
meme sector: Be patient and wait for a new round of Ethereum's outbreak. Meme coins still need to be adjusted. It is likely to be next year. This month, the main theme may be oscillation.
neiro 12-14 is support in the sideways adjustment. It can't be started for the time being. Be patient and wait.
core: It seems that the bottom has been broken, and now it is just a slow consolidation. Be patient and wait for it to start.
apt short-term support 12, this month is likely to fluctuate, and long-term optimistic about when it breaks through 20 will completely open up the space. Below 20 will be more slow.
act: There is no continuous market at present, so it has been oscillating and washing. If you are optimistic, hold firmly. If you are doing short-term, it is not recommended to participate in the short term. Make friends with time

#加密市场狂欢 #ETH再度冲击4K #比特币战略储备 #纳斯达克100指数宣布纳入微策略 #VELODROME将上线币安

Look at this precise demolition point, it is truly chilling upon deeper thought. This phenomenon can be explained by two reasons, which one are you willing to believe:

1: Many funds use the liquidation data as a trading signal. When a large short position is liquidated, they choose to go short; when a large long position is liquidated, they choose to go long;

2: There is a so-called targeted demolition team at the exchange that manipulates based on the liquidation prices of large accounts;
#BTC再创新高 #币安LaunchpoolVANA #SUI再创新高 #比特币战略储备

The big coin has made a upward push from 94256
➡️
to 102540, so if it stays above 98400, it is considered strong, and strength indicates that the rise will continue.

If the rise starting from 100609 is a new wave of increase, there are two possibilities: the first is a small push at the same level as the previous rise; the second is that the previous rise is the first wave, and the rise starting from 100609 is the third wave's first sub-wave; we need to observe the performance after tonight's U.S. stock market opening to make a judgment.

The above analysis is for prediction, but I have said: "In trading, follow the trend as the main strategy, and use prediction as a supplementary tool"; whether the big coin rises violently or moves up in small steps, as long as it maintains strength and does not fall, it signifies good days for the entire crypto market, and opportunities in the altcoin market will emerge during the strong period of the big coin.

From a larger perspective, the current movement is very similar to the movement that began in October last year, and historical candlestick patterns have very high reference value; I have mentioned this more than once or twice.

#BTC再创新高 #纳斯达克100指数宣布纳入微策略 #VELODROME将上线币安 #AVA突破3美元 #USUAL现货即将上线

When it reached 100,000, some bloggers said: Don't chase the rise, it has been volatile around 73,000 for half a year, and it will be volatile at 100,000 for a long time too.
When it reached 102,000, some bloggers said: Don't chase the rise, it will drop here.
When it reached 103,300, some bloggers said: Be cautious in chasing the rise, it's still uncertain whether 100,000 can hold.
When it reached 104,600, some bloggers said: Don't chase the rise, last time it dropped 7,000 points when it reached here, it might drop that much again.
Later when it reached 107,300, some bloggers said: You can be bullish and go long, targeting 110,000.
When it reached 110,000, some bloggers said: Don't chase the rise, it may test the 100,000 level with a big drop.
…
In a good bull market, the opportunities to go long were wasted by you by 75%.
ps: The correct trading method in the short term is very simple. Before breaking and holding above 102,000, do not enter long above 100,000, but if it holds and then pulls back (100,850), you must enter the market. The pullback lows keep rising, and a pull-up can accumulate over 5,000 points. Can't we just set a defense near the recent support level? Eat when it's time, don't waste the market movement.

There is a large liquidity area for BTC in the price range of 95k to 105k. It is understandable that there are many orders, and if the price touches or exceeds this area, these orders will be forcibly liquidated.
So what does this mean?
+ Scenario 1: If BTC breaks through 105k, short positions will be immediately closed. We understand that when shorting, you borrow BTC from the exchange and sell it for USD. Therefore, when the orders are forcibly liquidated, the exchange will sell your margin USD to buy back BTC, resulting in a sharp increase in demand for BTC, causing the price of BTC to continuously rise.
+ Scenario 2: If BTC breaks through 95k, it is similar, but at this time long positions are forcibly liquidated, leading to a larger price drop.
* In summary, there is strong liquidity in the price range of 95-105k. If the price breaks through 105k, BTC will surge extremely strongly to higher levels; if it breaks through 95k, there will still be a belt. Those who play stocks may be familiar with the cases of Tesla and Gamestop. A few years ago, many short funds went bankrupt. You know what to do! The rising will also increase sharply, and the falling will also decrease sharply. #AVA突破3美元 #SUI再创新高 #BTC重回关键位置后走势 #VELODROME将上线币安 #币安LaunchpoolVANA

The turnover rate on Saturday was only one-fourth of that on Friday, and on Sunday it was less than one-third of Saturday's. This illustrates just how low the current turnover rate has dropped. The main reason for the low turnover rate is the decrease in selling pressure. If yesterday's fluctuations in BTC still showed some 'Sell The News' behavior, today it is almost non-existent. After the CME opened, there should be another gap up.
Currently, there have been no significant changes in support levels, with support still very solid between $95,500 and $100,500. There are two things to look forward to in the new week, both taking place on December 19th, Beijing time. One is the Federal Reserve's interest rate meeting, and at 3 AM on the 19th, a 25 basis point rate cut should be beyond doubt. Then during the day on the 19th, there will be an adjustment to Japan's interest rates; there won’t be an adjustment in December, which is good news.
The remaining focus will be on Powell's speech at 3:30 AM on the 19th. It’s expected that reporters will ask whether the rate cuts in January 2025 will be paused. The old fox's answer will likely still depend on the data. Of course, the dot plot will also be released in December, so let’s look at that first. It’s estimated that there will be 2 to 4 rate cuts in 2025. Once this data is released, the market may see some fluctuations.