The market yesterday exhibited an overall trend of 'rising first and then falling.' In the morning, the price attempted to break through the 100,000 mark but failed, and the market gradually shifted to a bearish dominance, with a minimum drop to the 95,200 area. After that, there was a tug-of-war between bulls and bears within a thousand-point range, providing good opportunities for both sides. Due to frequent short-term operations during the day, specific profits and losses are not included in the statistics. In the evening, Bitcoin and Ethereum both experienced a loss but subsequently recouped the losses by following the trend of the market. At midnight, the price entered a phase of sustained consolidation after a significant drop. In such market conditions, as long as one can grasp the range, making profits on both sides is not a problem.

From the current market perspective, Bitcoin continuously dipped yesterday. Looking back at historical bull markets, corrections usually last about two weeks. After a deep correction last week, this week has recovered nearly half of the gains. Now it has once again retested the 95,000 area, but the bearish momentum has not continued. After the opening of the US stock market, it also did not break the 95,000 support, indicating that there are still upward opportunities in the market. Although the market initially expected the major index to strengthen this month, the price has repeatedly tested the key resistance area above without breaking through. In the short term, there still lacks sufficient upward momentum, and the overall trend remains weak, so it is advisable to maintain a light position. Nevertheless, the key support level below has not been broken, so the possibility of a significant drop is relatively low. It is expected that the subsequent trend will mainly focus on range-bound fluctuations, and if the key support level is broken, a shift in strategy may be considered.

#市场反弹迹象 Shiba Inu (SHIB) Burn Rate Surges, Driving Price Recovery Click on the avatar to watch the live stream and join the conversation According to the latest data from Shibburn.com, the Shiba Inu community has burned 7,309,654 SHIB tokens in the last 24 hours. These burns were executed by sending tokens to one of the three designated SHIB burn addresses, permanently removing these tokens from circulation. Details of the burn activity The scale of transactions varies: the number of individual burn transactions ranged from 6,387 SHIB to 4,326,195 SHIB, showing the diversity of sources for the burn activity. Surge in burn rate: Although the total amount burned remains small compared to SHIB's circulating supply, the significant increase in the burn rate has caught market attention. Positive impact on the market Price increase: Driven by the burn activity, the price of SHIB has risen by 3.5% in the last 24 hours, reflecting the uplifting effect of the burn mechanism on market sentiment. Outstanding performance during the holidays: This price increase occurred on Christmas Eve and the days leading up to Christmas, injecting vitality into SHIB's market performance. Support for potential bullish trends Long-term effects of reduced supply: Although the amount burned has limited direct impact on the overall supply, the ongoing burn mechanism provides foundational support for long-term scarcity. Increased market confidence: The rise in burn rate and price recovery may encourage more investors to refocus on SHIB, laying a positive tone for future price movements. Future outlook and risks Possibility of a stable bullish trend: If burn activities continue to increase, accompanied by a recovery in the overall cryptocurrency market, SHIB may further solidify its bullish trend. Short-term fluctuation risks: Despite recent improvements in price performance, it is important to note that the impact of a single burn activity on price may be limited, and the long-term trend of the market still depends on supply-demand dynamics and community support. Overall, the surge in burn rate has injected significant market vitality into Shiba Inu during the holiday season. With the advancement of the burn mechanism and the shift in market sentiment, SHIB may gradually recover and maintain a bullish trend, bringing more confidence to investors.

Joined

#加密市场盘整 Christmas Double Bottom, Cautious About Following the Rise! 12.24 Bitcoin Auntie's Thoughts Analysis in the Early Morning

Today, the altcoin prices experienced slight fluctuations, with a strong surge in the evening. Bitcoin broke through 98000, Ethereum broke through 3500, and those who aimed to short regrettably hit their stop losses! Currently, the price movement shows almost no retracement strength! The bears on Christmas Eve were completely defeated!

From a technical perspective, the daily chart shows three consecutive bearish candles, but the closing price formed a long lower shadow, piercing the lower band and rebounding. Structurally, the double bottom has been successfully formed, with the KDJ fast line turning upward from a low position, and the MACD's volume also starting to shrink. However, the Bollinger Bands are extending forward in parallel without converging, so it cannot be confirmed that the downtrend has completely halted yet!

Looking at the four-hour chart, the Bollinger Bands have narrowed and are currently extending forward in parallel. After a day of consolidation, a large bullish candle broke through the middle band and approached the upper band in the evening. Both KDJ and MACD show a golden cross trend, and based on the closing price, there is still upward space!

Overall, the market shows a stop in the downtrend and a rebound, with strong bullish momentum. The overall trend leans towards bullish, but we cannot exclude a bearish retracement to liquidate long positions. As the U.S. stock market closes at 2 am today, there may be a risk-off selling trend, so everyone should be cautious about following the rise! The upper resistance levels to watch are around 98800, 99600, 101000, and 103000, while the support levels are around 96500, 95000, 93500, and 92500.

12.24 Bitcoin Midnight and Early Morning Trading Strategy: Aggressive traders should enter long positions when retracing to 95500-96000, with a stop loss around 95000, and target 97000-98000-98800. If broken, target around 99600-101000.

Short position strategy: Try to short around 98800, with a 600-point stop loss, targeting 98000-97500-97000-96500!

12.24 Ethereum Evening and Early Morning Trading Strategy: Aggressive traders should enter long positions when retracing to around 3380-3400, with a 50-point stop loss, targeting 3450-3500, and if broken, targeting around 3550-3600, and hold based on the situation!

Short position strategy: Try to short around 3520, with a 40-point stop loss, targeting around 3450-3400.

Be patient for a day, and the points waited for were regrettably stopped out! Many indicators are bearish but cannot match the determination of the operators to liquidate short positions. This surge directly broke through 98000, strongly rising by four to five thousand points. Without significant positive news, a retracement to adjust the indicators is expected, so everyone should be cautious about following the rise and wait for a retracement to re-enter!

#比特币市场波动观 Only BTC is falling/oscillating, most altcoins are slowly starting to gain momentum upwards, BTC's market cap share is beginning to decline, funds are starting to flow out and into altcoins. Next up is the altcoin season explosion performance. Those who called for a bottom and entered can now lie down and set their own sell targets. Be the one who sells at a high position, not the one who buys. $ETH $SOL $WIF

As Christmas approaches, there have been some market fluctuations during Christmas week over the years. According to PANews statistics, from 2014 to 2022, the price trends of Bitcoin one week before and after Christmas show a decline probability of about 44.4%, with an average decline of -3.7%. The probability of an increase is about 55.6%, with an average increase of 8.2%. This Christmas, will Bitcoin rise or fall?

#比特币市场波动观察 Bitcoin 4-hour price comparison continues to form a doji. If this 12-hour candle does not break the 98000 line, then the gun barrel will aim downwards again. Technical indicators show a steady performance, with indicators centered, indicating that there is considerable space for both upward and downward movement. Personally, I believe there is a strong downward sentiment, and this will be another wave of selling. When the time comes, we will see the pressure in front of the trend forming as a breakthrough.

Trading Suggestions:

Bitcoin: Short at 98000-97500, watch for 96500-96000, with a stop at 98200.

#比特币市场波动观察 Harvesting the world! Harvesting the world! Powell released negative news to suppress prices, then Trump quietly entered the market to buy at low prices, followed closely by Powell, who raised and then crashed the market, repeating this cycle. With just one word from this consortium, the Earth shakes three times, confirming the consortium's global harvesting operations after being elected.

After $BNB 's big pancake breaks 104000, the altcoins haven't followed, indicating that the adjustment time is still insufficient. The altcoins may collectively rise starting next week. I will hold tightly onto the altcoins I have; they might test the bottom of 12.9 again, but it doesn't matter. It's impossible to buy at the lowest and sell at the highest every time. It seems that the next wave of this market will at least double before I consider taking profits.

The ongoing selling pressure surrounding Bitcoin and other factors have led to a decline in Shiba Inu's price today, with liquidations exceeding $2 million, a new four-month high. Notably, the cryptocurrency market has entered a new round of declines.

This time, prices have dropped to shocking levels, triggering widespread liquidations among bulls. Shiba Inu is one of the biggest victims of this round of selling, with its stock price dropping over 21% this month. Looking at a narrower scope, SHIB has plummeted 46% since June 1. The performance of Shiba Inu this month has made it one of the biggest losers in the overall market crash.

In context, this sharp decline is due to its high volatility. SHIB's current trading price is $0.00001359, down 7.11% this morning, having lost multiple support levels. These levels include the thresholds of $0.000015 and $0.000014. Shiba Inu bullish traders are shouldering losses, as most investors holding bullish positions in Shiba Inu hope that these thresholds may provide some defensive support.

After this violation, most bullish positions are facing liquidation. Coinglass's derivatives data confirms that just this morning, SHIB's liquidation amount reached $1.616 million. Shiba Inu liquidations Coinglass Shiba Inu liquidations | CoinGlass Notably, about $1.54 million of that is from bullish positions, accounting for over 95% of the total liquidations. Although the day is far from over, the $1.54 million in bullish liquidations is the highest level for SHIB in four months. The last time bullish investors lost this much money was on March 19, when bullish liquidations exceeded $2.77 million.

Market tracking agency Crypto Crunch has called for public attention to the large-scale liquidations that led to this figure. Interestingly, at 3 AM (UTC) today, when SHIB plummeted to the lower limit of $0.000014, a market whale discovered that its bullish position valued at $980.7K was liquidated.

#BTC重回关键位置后走势 Don't give up easily, persistence is the dawn of victory.

The next morning, the price ratio rebounded and then fell as expected. Dabing/Yi Tai has now returned to the watershed position of Duo Kong and fluctuated sideways.

In the early morning, Dabing/Yi Tai respectively explored the key pressure level mentioned in the article. The air situation has been under pressure and fell many times at this line. The upward pressure is too heavy and the rebound is weak. The pressure returns to the support below to continue consolidation and repair. The pace of air situation slows down over the weekend. Just continue to watch the range action.

BTC
Direction: 102000-101800 near Kong
Target: 100500-99500 near Duo

ETH
Direction: 3980-3950 near Kong
Target: 3900-3870 near Duo

I have always believed in a sentence said by Sakyamuni. He said that no matter who you meet, he must be the person you are destined to meet. It is not accidental. His appearance will definitely teach you something.

#BTC重返10万

We don’t need to talk about the overall rhythm yesterday. There were a total of 6 single duo layouts, and we won them all! I believe everyone already knows the strength aspect very well! It’s very good to have a meal with your peers!

Judging from the current rhythm, at the four-hour level, the price has been rising continuously when it hits the upper track area, but is blocked and retreats as negative. After accumulating strength, it hits the upper track area again and still cannot successfully break through. It can be seen that the resistance in this area is very obvious. Dayin retreated after multiple failed attacks! Although there is a slight rebound at this stage, the intensity is not strong. As the volume of bulls gradually shrinks, the moving average shows obvious signs of downward diffusion, and the small cycle structure has obvious downward demand! In terms of morning operation ideas, we can just keep going short with the trend!

Btc: short in the 100000-100500 area, target 99000-98500

#重大空投观察 Dogecoin is about to rebound to $0.50

After the 'overbought' condition of Dogecoin cools down

After breaking through 208% in early November, Dogecoin (DOGE) has been consolidating in a narrow range between $0.35 and $0.48 for four weeks. The recent price adjustment of Dogecoin has led to a breakout of the upward trend line, indicating a potential shift to a bearish trend.

However, an analyst pointed out that based on a key technical indicator and recurring setups since March 2024, Dogecoin may be on the brink of another upward trend.

The upward trend of Dogecoin could happen 'at any moment'

Despite a 16% drop this week, cryptocurrency pattern analyst Trader Tardigrade noted that the strong overbought signal of Dogecoin's daily RSI has been reset.

The overbought condition of the Relative Strength Index (RSI) suggests that traders may sell the crypto asset, which could lead to a short-term decline in value.

Previously, when the RSI's overbought condition 'retracted' to 50 in March 2024, a strong upward trend appeared on its daily chart. According to the chart, the analyst hinted that a breakout above $0.50 could happen 'at any moment' in the coming days.

Data from data analysis platform Santiment also mentioned that the 'average dollar investment age' of DOGE is sending bullish signals. The average investment age of the crypto asset has decreased by 31% over eight weeks, indicating that dormant tokens are being re-circulated. Regarding the bullish momentum, the platform mentioned in an X post,

'Bull markets in 2017 and 2021 also stopped only when the average age of the assets started to “rise” (grow older) again.'

DOGE may experience liquidity fluctuations between $0.32 and $0.34

While the long-term trend remains bullish, Dogecoin may drop to between $0.32 and $0.34 to gather liquidity before showing higher highs. It has been observed that the recent low of DOGE at $0.365 was broken on November 26, but further liquidity lows remain around $0.34 and $0.32.

In March 2024, a similar bullish breakout created liquidity lows near $0.12 and $0.10, after which DOGE retraced and then continued this trend.

Since entering December, BTC has been unable to sustain trading below the middle track, with each instance being a false breakdown, followed by a series of bullish candles rising back above the middle track. This indicates that the demand in the market is still strong, but people are unwilling to buy at high positions. Looking back at this period of market activity, it feels similar to the accumulation of liquidity through fluctuations.

Fluctuation is a necessary condition for brewing trends, and currently, the duration is still not enough, especially since several seemingly scary pullbacks have not dropped below the lower track.

137782068 Mutual

LSP, a project with a market value of 10 billion yuan, simply signs in every day and earns thousands to tens of thousands of U
This project is called LSP. This project has been favored by many project parties and institutions. According to what we learned from the LSP project party, they are at least listed on Ouyi, and are now actively communicating with Binance to strive for the first listing on Binance.
The LSP issuance volume is 1 billion, and 5% is taken out for airdrop, which is 50 million, worth 100 to 500 million US dollars, which is very considerable.
It is very simple to obtain airdrop tokens. Just sign in every day. Signing in will earn points. The points will be exchanged for tokens before the token is listed. It has just started internal testing and will be listed in about half a year.
Now start the airdrop tutorial. First, copy the following link and open it in the Web3 wallet. TP, ImToken, and Ouyi Web3 wallet are all OK. https://app.lsp.network/#/?invite=0xa193c108a93842c06de2709c77bd2462889c3e73
By the way, the wallet needs to be switched to the Arb chain. Charge one or two U of ETH on Arb as GAS fee, which is needed for signing in.
After entering LSP, it is in English by default. Click the three bars in the upper left corner, and then click the option at the bottom to switch to Traditional Chinese.
Then click Connect Wallet to connect the wallet. After connecting the wallet, click the Points option to sign in.
You must sign in every day, otherwise the activity will decrease, which will affect the ratio of points to tokens. Now it is the internal test base stage, and you must invite a connection to enter. Those who have the ability to promote can promote and invite others, and you can get 10% of the points reward of the promoter.
It has just started internal testing and will most likely be launched in half a year. If you sign in every day from now on, it will not be a problem to get a few hundred U. If you are lucky, one or two thousand U is not impossible. If you have the ability to promote, it is not impossible to get several thousand U or tens of thousands of U by recommending some people.

Supra is going to issue tokens🔥🔥🔥The mobile version is here.
Download Lemur Browser, click on the lower right corner to select desktop mode
Download the extended wallet and then connect the wallet
Choose a token plan (all unlocked after fifteen months or staked for thirty months)
Currently airdropped 10%