[12.10 Market + Meme Hotspot Analysis] Crypto Krystal said
1. Last night, the three major U.S. stock indexes all fell, with the Dow Jones Industrial Average closing down 0.54%, the S&P 500 down 0.61%, and the Nasdaq down 0.62%. MicroStrategy (MSTR.O) fell 7.5%, and Coinbase (COIN.O) fell more than 9%. This may be one of the reasons for the decline in the Bitcoin market. 2. In the 24 hours from yesterday to this morning, the total amount of long and short positions liquidated on a large scale reached about 1.73 billion US dollars, the second worst in history. In this large liquidation, more than 500,000 traders were "exploded" instantly. It has been a long time since we have seen such a large amount of liquidation. During the bull market cycle, the contract risk is very high, so everyone must be cautious.
1. The US stock market and the A-shares are both rising, but the cryptocurrency market is crashing. Bitcoin is currently adjusting on the 4-hour chart, and the overall activity of altcoin funds is decreasing. Is this a preemptive trading for Christmas, or have some funds that recently took profits triggered a top-exit sentiment in the market in advance?
3. This Wednesday at 21:30, the US will release the adjusted CPI year-on-year data for the end of November; pay attention to the volatility.
4. Pay attention to December 11th at 0:30 Beijing time, when Microsoft will advance a significant shareholder proposal regarding Bitcoin — evaluating whether including Bitcoin on the balance sheet aligns with the long-term interests of shareholders through shareholder voting. This vote is widely regarded as another key event this week affecting the cryptocurrency market, aside from the CPI and the situation in Korea.
1. Over the weekend, BTC continued to enter a volatile market after a spike, ETH remained flat. With such a good opportunity, altcoins are not rising but still declining; pay attention to risks at the end of the year. 2. Ethereum spot ETF has seen a net inflow for 10 consecutive days, with a total inflow amount reaching 1.4 billion USD. Two days of inflow volume set a new high since its launch in July. 3. Michael Saylor: Suggests the U.S. sell its gold reserves to purchase at least 20% to 25% of circulating Bitcoin; this should be a story for next year. 4. Current data shows that the probability of the Federal Reserve keeping current interest rates unchanged is only 14%, while the probability of a 25 basis point cut is as high as 86%. This means that a rate cut has almost become a certainty.
Several positive factors for the coming month: 1. A large amount of capital may enter the market in January. FTX compensation has paid out 98% to retail investors in December, totaling $1.1 billion. It is expected that a large amount will be compensated in the first quarter, totaling between $13.4 billion and $15.2 billion, with a high likelihood of compensation in USDC. This is equivalent to the support of over 100,000 bitcoins. Even if only a small portion of this capital flows into the market, it will be a massive buying pressure.
2. Around January 10th, Microsoft is expected to announce its Bitcoin investment plan. Once a company like Microsoft joins the Bitcoin investment scheme, the investment will be no less than $1 billion, and that’s a conservative estimate.
3. In January next year, Trump will also be taking office, and there will be a change in the SEC chairmanship.
1. After the release of non-farm payroll data yesterday, expectations for a rate cut in December rose to 85%, up from 66% previously. On the 18th, not only will the rate cut decision be announced, but Powell will also hold a press conference, and there will be the release of the dot plot and economic forecasts. Therefore, the 18th is likely to be a tipping point, and with the continued rise in rate cut expectations, a favorable environment may emerge before the New Year.
2. $BTC experienced a sharp drop at 6 AM yesterday but has re-stabilized above 100,000 today, seemingly holding steady.
3. $ETH broke 4000, and Ethereum's market cap surpassed Mastercard and Tencent, rising to the 27th position in global asset market cap rankings.
If you bought the bottom the day before Trump was elected as the US President, or you have been holding spot for a long time in the past few months all coins have risen by at least 50%-100% this is the reward for diamond hands in the bull market
[12.06 Market + Meme Hotspot Analysis] Crypto Krystal said
1. Bitcoin plunged to $90,500, with a liquidation of $477 million in 12 hours. The purpose of Bitcoin's spike in the morning was very clear, which was to clear the long leverage and then attack again. 2. Non-farm data will be released at 21:30 in the evening, recording 227,000 employed people, compared with expectations of 200,000. The previous value was revised from 12,000 to 36,000. U.S. retail traders look at the November non-farm data: the data is in line with expectations, just enough for the Federal Reserve to cut interest rates by 25 basis points this month. 3. The number of bitcoins held by US spot ETFs reached 1,104,534, surpassing Satoshi Nakamoto’s 1,100,000 bitcoins. In less than a year, it became the world’s largest bitcoin holder.
US President-elect Trump announced that he will appoint David O. Sacks as the White House Director of Artificial Intelligence and Cryptocurrency. Sacks is a well-known Silicon Valley investor and a supporter of blockchain technology.
In addition to supporting $DYDX, DAVID is also an advisor to the $ZRX project. He said he is a "fan of 0x". In addition, DAVID prefers the Lightning Network, so it is estimated that the Bitcoin Lightning Network will have good progress next year.
Its VC invested in the decentralized domain name protocol $HNS.
Others can also pay attention to the Ai series tokens $WLD $AI $MASA $IO $XAI, etc.
$AVAX has a key positive date, which is December 16th. On this day, AVAX will upgrade to the AVAX 9000 mainnet, which will be its largest upgrade in history. This upgrade allows developers to build scaling chains based on the mainnet, thereby expanding its ecosystem. This has been reported since October when it was still in the testnet phase.
【12.5 Market +#MemeHotspot Analysis】Crypto Krystal said
1.$BTC hit a new high of $101,616, $ETH reached $3,900! 2. Trump announced the appointment of Paul Atkins as Chairman of the Securities and Exchange Commission (SEC). He is the project consultant of the RWA project RSR and the reason for the previous rise in RSR. It was just a rumor before, but now the appointment has been confirmed. 3. Putin: No one can ban Bitcoin, everyone is working to reduce costs and increase reliability. Russian President Vladimir Putin sees cryptocurrency as a possible settlement method for the BRICS investment platform. 4. In the past month, Ethereum ETF increased its holdings by 362,474 ETH, equivalent to about US$1.42 billion
Bitcoin finally broke through $100,000 today, marking a historic high since its inception in 2019, and it also serves as a new starting point. After $100,000, central banks, institutions, and publicly traded companies will rush to buy quality assets.
The door to Bitcoin's cryptocurrency is officially open, and we will soon witness a global embrace of cryptocurrency.
Bitcoin's new high injects confidence back into the market, and altcoins will go even crazier afterwards, so enjoy it to the fullest. Pay special attention to strong American coins, quality Meme coins, quality DeFi coins, AI concept coins, and RWA concept coins.
Analysis of some large market cap Meme coins $DOGE Strong, but currently $Doge has pulled back quite a bit, the adjustment period may take a little longer in the short term, but in the long run, with Musk's endorsement, it looks very good, optimistic in the long run.
$PEPE A very good coin, as it has previously gone through a main upward wave, so it now needs to adjust; after the adjustment, it will reach new highs again.
$WIF The leading MEME on SOL, optimistic in the long run, a strong controlled coin.
$NEIROETH A rising star in MEME, optimistic, after good adjustment, it will continue to reach new highs.
$ACT and $PNUT Looks like it's at a good point, a short-term drop is not a big problem, $ACT is currently the hottest AI proxy track, $Punt is also related to the election concept, optimistic in the long run.
$BAN and $LUCE Currently looks like it is building a bottom, with hope for a rise.
$PIZZA On the 27th, it was suggested in the group that the pizza community was launching a large-scale promotional activity, recommended at 2.4, current price 4.1, two-day increase of 70%?
$HMSTR Pullback has been good, just wait for the second round of pulling up, it’s a controlled coin with strong management.
Let's talk about what $SPECTR @Spectral_Labs is, which has grown 100 times in just a few hours today. I noticed it at noon and casually bought some platform token $SPEC and the first sub-token $specter created on the platform. @Spectral_Labs is a platform similar to Virtuals, where anyone can create AI agents for trading, and these agents trade on @HyperliquidX $HYPE. Project features: - $SPEC is supported by companies like Samsung, Google, and Galaxy. - The team includes former Coinbase members. - Each agent is paired with $SPEC, just like Virtual (e.g., $SPECTR / $SPEC). For example, to buy the sub-token spectr, you need to buy SPEC first (you can use uni or kyberswap), and then use the above-mentioned uni v2 pool to buy the sub-token spectr. - If these agents gain hype and succeed, the price of $SPEC may also skyrocket. Next unlock time: May 6, 2025 (160 days)
【Let’s talk about the most popular AI Agent concept recently】
The most popular concept recently should be the AI Agent, with Solana and Base Chain taking off across the board. If a new AI Agent concept emerges, remember to pay attention, as it may be the next potential gold dog. #Solona Chain: • $GOAT | $836M • $ACT | $412M • $ZEREBRO | $397M • $AI16Z | $229M • $BULLY | $233M • $AVA | $38M • $LOLA | $35M • $AVB | $34M • $Yousim | $12M • $UBC | $47M • $Here | $5M #Base chain: • $AIXBT | $192M • $VVAIFU | $92M • $MAN | $77M • $CLANKER | $90M • $SAINT | $44M • $FATHER | $36M • $GAME | $40M
[Let’s talk about ETH, Sol and XRP] According to Bloomberg’s source James, thanks to Trump’s friendly attitude and the appointment of the new SEC chairman, the Ethereum ETF is expected to be approved for staking functions next year. This feature will significantly increase the annualized yield and market attractiveness of ETH, or trigger a price increase of more than 10%. If the staking function is planned to be launched at the end of next year, Wall Street may submit an application early next year. Especially after the new SEC chairman takes office on January 20, BlackRock and other institutions are expected to quickly promote approval. Coupled with the Prague upgrade in March, $Eth is expected to usher in a wave of market trends early next year, and smart funds may complete the position building plan before January.
Approval of $XRP and $LTC spot ETFs may be delayed until the final deadline at the end of next year due to the lack of support from CME options and futures ETFs.
In contrast, Solana ETF’s approval date is set for March next year due to its earlier application time. With the change of SEC chairman, the Solana ETF is more likely to be passed, which may become an important signal for the new SEC to express its stance towards Trump. Even if it is not approved, the market's expectations for it are enough to push the price of $Sol to rise significantly before March. Related ecosystems such as DeFi leader $Ray and local dog leader $WIF are also expected to benefit.
【11.28 Market + Meme Hotspot Analysis】 Crypto Krystal said
1. The longer Bitcoin is adjusted below 100,000, the more stable it will be when it is above 100,000. After getting support near 90,000, it began to rebound, and $BTC returned to $95,000! The macroeconomic data this week was good, and the probability of the Federal Reserve cutting interest rates by 25 basis points in December rose to 70%, but the rise stagnated. 2. $ETH is starting to gain momentum. BlackRock ETHA hit its highest trading volume since its launch, holding a total of 625,527 ETH. Robinhood launched Ethereum staking services for European users. 3. The performance of $THE launched on Binance last night exceeded expectations. CZ has been frequently speaking out about crypto and BSC recently. I am optimistic that @cz_binance will devote all his efforts to @BNBCHAIN. Next, we can focus on BNBchain-related institutions (such as cake, xvs, lista, solv, cow) and related memes.
[11.26 Market + #Meme Hotspot Analysis] by Krystal
1. Bitcoin has undergone a wave of adjustment, briefly dropping below $92,000, with a 24-hour decline of 6.45%. Actually, there is no need to worry too much; a small-level correction is very necessary. 2. A $100 billion asset management company @WisdomTreeFunds has registered the $XRP ETF in Delaware. XRP has recently performed well, with regulatory clarity and the ETF being multiple positives. 3. The Movement Network Foundation has announced the economic model for the MOVE token, with a total supply of 10 billion and an initial circulation of about 22%. Of these, 60% of the tokens will be allocated to the community, indicating good news is approaching.
Although I have profited from the PUMPFUN concept tokens - $Live and $Shitcoin in the past two days, I still feel that the Meme sentiment is a bit off. PumpFun really needs to manage the live broadcasts; if this continues, the entire platform might soon become the next P station. Additionally, today besides XENO, I looked at one or two other coins that seemed to have healthy angles and chips but didn't take off, while several others with decent capital after going to zero slowly started to rise again. There are really more and more manipulated markets. I really can't rush into new coins these days; blindly jumping into new coins has caused significant losses to my capital.
1. The U.S. unadjusted CPI annual rate in October was 2.6%, in line with market expectations and the previous value of 2.4%, and then Bitcoin rose sharply, breaking through the $90,000 mark. 2. Binance Launchpool will launch Usual, and you can earn RWA stablecoins by staking BNB. Every time the market picks up, BNB will increase. Mining will start at 8 o'clock tomorrow, remember to stake BNB, the project is benchmarked against ENA! Among them, the Pre-Market will launch USUAL at 18:00 on 2024-11-19. The Usual (USUAL) token economics are announced as follows: a total of 4 billion tokens, with an initial circulation of 12.37%, of which the Launchpool total is 300,000,000 USUAL (7.5% of the maximum token supply).
Summary of MEME tokens listed on Binance from late October to November 11
Similarities: 1. All of the above tokens are MEME coins driven by community-focused CTOs 2. They all debuted on the primary market as on-chain DEV projects and entered the CEX secondary market through community building
1. $goat Category: AI+MEME First MEME to launch on Binance, with 700 million before listing, 50,000 holders
2. #Moodeng Category: Internet Celebrity Animals Global hotspot, market cap of 75M before listing on 10.25, peaked at 513M on 11.11, 41K holders, 6x increase in 16 days
3. $Pnut Category: Animal MEME+Hot events during the US Presidential Election Musk called it out 8 times, 41K holders, market cap of 100M before listing, increased 5x to 500M on the same day
4. $Act Category: AI+MEME , Market cap of 20M before listing, increased to 500M on the same day, 25X, 22K holders