$622 million flowed into BTC ETFs on the day $BTC surpassed $102,000!
On January 17, 2025, the market witnessed a brilliant green hue enveloping the entire Crypto market with the focal point being the 'locomotive' BTC (Bitcoin) surpassing $102,000 after nearly 2 weeks. As of the time of writing, the price of BTC is currently trading around $102,000 - up more than 2% in the last 24 hours. The market capitalization of BTC exceeds $2 trillion, while the trading volume also reached over $55 billion - according to data from CoinGecko.
Only 5 days left until Donald Trump officially takes office as president. Previously, he announced the establishment of the Department of Government Efficiency (DOGE) and appointed Elon Musk as the leader.
• Alongside the low-cap memes following Trump's inauguration, those who specialize in large cap memes on CEX can follow D.O.G.E during this period.
• Looking at the CVD data, the brown whales with orders ranging from $1M to $10M have also been actively accumulating since December until now. The buying demand is overwhelming the selling, so MM will not face many obstacles in the price push.
According to the word of mouth among friends, will 1 DOGE = 1 USD from 2021 become a reality?
The net inflow into U.S. spot ETFs on January 13 was recorded at -284.3 million USD for BTC and -39.5 million USD for ETH
- Despite significant net outflows from BTC and ETH ETFs, BlackRock still led in inflows with IBIT bringing in 29.3 million USD and ETHA bringing in 12.8 million USD.
- The total capital inflow of 11 BTC ETF funds after 252 trading days is +35.9 billion USD.
- The total capital inflow of 9 ETH ETFs after 120 trading days is +2.42 billion USD.
📉 SPOT LISTING BINANCE SEEMS TO BE BECOMING A LIQUID EXIT POINT FOR PROJECTS
Most projects after listing on Binance tend to plummet.
The game has now changed in such a way:
• Previously, people projected token prices based on private information from VCs, then listed on CEX and exited liquid.
• Now, people project token prices on DEX and exit liquid on CEX.
=> The information about a project being listed on a major exchange is no longer a good signal for long-term holding as it used to be. However, a project listing on CEX to exit liquid is a necessary challenge if the project wants to survive long-term.
Many are afraid of a recession, but according to the IMF, the U.S. economy is performing better than expected.
In the upcoming battle for market share in web3 between the U.S. and China, it will be no less competitive than in traditional markets.
The Chinese also celebrate the Lunar New Year like their Vietnamese brothers, so it is expected that the market will gradually heat up after the holiday.
Overall, there are not many highlights in the market at the moment aside from the inauguration ceremony and Trump's speech on January 20.
$BTC after last night's non-farm report ran wildly, but when zoomed out, it's just going sideways, sweeping up and down, with two ends hunting futures.
Strangely, the number of jobs increased, and the unemployment rate decreased, but the market reacted quite negatively, even the US stock market crashed when the news came out last night.
Perhaps the market is concerned that the FED will not cut interest rates anymore when it sees the economy looking better?
Anyway, this is just short-term; in the long term, if the job situation continues to improve like this, a recession will be increasingly difficult to occur, and this is extremely bullish for Crypto and the financial market.
For now, let's just enjoy the weekend, guys. Bitcoin is moving sideways, and it's an opportunity to pump altcoins. 😁
For those who don't know, Binance started listing AI Agent yesterday, okay? $AIXBT $CGPT $COOKIE
Your mother is a bitch, you stole the tent from Trading Insight, right?
Trading Foresight VN
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Opportunity to accumulate $ALT at a strong accumulation price range, ready to break out! 🚀 Currently, $ALT is trading at a strong accumulation area of $0.1, which has been maintained for a long time with stable trading volume. This indicates that the selling side has run out of strength, while the buying pressure is gradually increasing, setting the stage for a strong price surge.
Why should you buy right now?
Ideal accumulation price range: The $0.1 level is a solid bottom, low risk, high potential. Clear growth trend: The market is preparing to shift from accumulation to a breakout phase. Potential targets: Target 1: $0.2 (2x from the current price range) Target 2: $0.3 (3x profit if patient in holding position)
This is a rare opportunity to accumulate at a good price before $ALT enters a strong growth phase. When the cash flow pours in, latecomers will only be able to watch the price soar.
Opportunity to accumulate $ALT at a strong accumulation price range, ready to break out! 🚀 Currently, $ALT is trading at a strong accumulation area of $0.1, which has been maintained for a long time with stable trading volume. This indicates that the selling side has run out of strength, while the buying pressure is gradually increasing, setting the stage for a strong price surge.
Why should you buy right now?
Ideal accumulation price range: The $0.1 level is a solid bottom, low risk, high potential. Clear growth trend: The market is preparing to shift from accumulation to a breakout phase. Potential targets: Target 1: $0.2 (2x from the current price range) Target 2: $0.3 (3x profit if patient in holding position)
This is a rare opportunity to accumulate at a good price before $ALT enters a strong growth phase. When the cash flow pours in, latecomers will only be able to watch the price soar.
• Instead of staking USD0 and receiving USD0++ at a 1:1 ratio as before, the USUAL team quietly modified it to 0.87 USD0 for each USD0++.
• At first glance, this method may help maintain the liquidity of the USD0++ pool by encouraging the minting of more USD0++, but it seriously impacts the trust of early investors.
• Currently, USD0++ is losing peg by 6%, at the mark of $0.93. The USUAL token, after a continuous increase, is also among the top depreciating assets in recent days.
This change has both positive and negative aspects, but such suspicious actions make many people think, what do you all think about this issue 🧐?
At present (January 8, 2025), Bitcoin is continuously sideways in the area of 90,000 - 106,000 USD with gradually decreasing volume. Along with that is a series of comments and analysis of the increasing and decreasing trends of KOLs, causing investors to fall into confusion. Especially those who have recently entered the market. However, in my experience, you should not rely on anyone's opinion. Instead, analyzing and making your own decisions is the wisest choice. So how do you know if the current time is the top of the market or not? To answer the above question, let's find out through this article!
I'm sure that many of you in the Crypto market have lost sleep and appetite these days because the market keeps turning red after a little green. Four years ago, I was the same when I first stepped into this lucrative market; with such tremendous growth, I didn’t know which way to go, and I’ve experienced quite a bit of loss and suffering in this market. Today, I want to share with everyone some of the things I know to help some of you escape the traps in this market.
The market is moving with unpredictable fluctuations, seemingly preparing for a strong correction before shaping a new trend. The possibility of a next bottom sweep occurring tomorrow is entirely possible, especially when the market often takes advantage of sensitive times to eliminate weak positions. This correction may play a role in "clearing the way" before important news is announced, helping the market regain balance and create growth momentum afterward. This is a sensitive time, I think everyone should avoid FOMO.
This is the first money I earned from writing articles, guys
Thank you Binance for creating this writing feature. Those of you who are free and have a lot of knowledge about crypto can try writing articles to share with everyone, who knows one day you might become part of the exchange:)))