Highlights this month: On January 10, the U.S. SEC will make a decision on the Ark21 Bitcoin Spot ETF application. On January 12, the United States will release December CPI data On January 14, the U.S. SEC will make a decision on Bitwise’s spot Bitcoin ETF application On January 17, the U.S. SEC will make a decision on Valkyrie’s spot Bitcoin ETF application On January 25, the U.S. SEC will make a decision on the Grayscale Ethereum Spot ETF Ethereum developers will host Cancun upgrade at Sepolia on January 31st $BTC $ETH $GMT
$BTC Yesterday evening, there was a surge in the market. I thought it would break through the previous high of 44283. However, at the last moment, the market fell and many long orders were liquidated. Currently, at the hourly level, the market is still going strong. The momentum of the upward trend is today. Let’s see if we can break through during the day. If we do, we will challenge the 44700 mark in front of us. The daily KMACD is about to have a golden cross. Due to the strong sideways adjustment in the past two days on the weekly K, the MACD energy column has turned into an upward kinetic energy, and the strategy of going long on dips remains unchanged. $ETH The trend follows the big pie, but is weaker than the big pie Copycat aspect $TRB hits a new high after experiencing a sharp rise and fall in the previous two days $BAKE is affected by IDO #1CAT, is sought after by funds, and currently continues to reach new highs#DEPINconcept, there is a trend of cooling down, hot spots rotate too fast, you need to stay calm In terms of #BRC20, the prices of the small-market inscription tokens that skyrocketed in the past two days have begun to fall, and the liquidity is real, causing the prices of these inscriptions to be cut in half at every turn. Again, if you can get on the bus in the first or second time, it will be fine. If you can't make it, just watch the show, don't try to catch every surge.
During the Fed's "pause period", the average return on U.S. stocks was higher than during the easing period after the first interest rate cut.
Based on the previous five rate hike cycles since 1990, "the Fed paused an average of 10 months between its last hike and its first rate cut."
The last interest rate increase was on July 27. According to optimistic expectations, an interest rate cut may occur from May to June of 2024. The market will adjust for a period of time and continue to rise after the interest rate cut begins. Referring to the interest rate cuts in 2019 and 2020, at the beginning Stocks fell in the month after the rate cut, but soon went on to hit new highs. The current macro data is closer to that of 2019
So my conclusion is that the same applies to crypto markets 1. Market performance was optimistic during the suspension of interest rate hikes 2. The market performed poorly in the month after the interest rate cut began. 3. After the interest rate cut, the macro data recovered well, the unemployment rate did not rise significantly, and the stock market will continue to rise after a short adjustment. $GMT $DOT $SOL
#btc创新高后的横盘震荡整理,从图中我们可以看到,目前的走势跟1号红框的走势是很类似的,日线是调整, Both the weekly and monthly lines are bullish. At present, it will fluctuate sideways for a few days and will continue to rise. We should pay attention to when the market pulls back, and the copycats will magnify the decline. $ETH From the perspective of trading pairs against the big pie, the trend of the big pie has been followed recently, and it will continue to rise in the future. Ether is currently trading sideways at a high level, and some tokens in#Layer2are rising very well. If Ether continues to rise, The layer 2 sector will continue to rise Copycat aspect The new currency JTO listed on Binance has seen strong liquidity, because many altcoins have risen relatively high, and many people would rather buy new coins than coins with high gains. Funds have formed a synergy, and coupled with the recent hot market, Several factors are superimposed together. In recent days, the wave of supplementary increases of JTO's large-market old public chain AVAX SOL LINK ADA will gradually come to an end. The old copycat AR AGIX MASK THETA AXS will still have a wave of supplementary increases, which can be ambushed in batches. The popularity of#BRC20is temporarily extinguished, and some varieties are being speculated. It is expected that there will be an improvement only after this wave of secondary market conditions is over. The bargain-hunting layout has application and empowering varieties. $BTC $JTO
I saw it but didn’t dare to chase it. I didn’t dare to chase it and then it skyrocketed. After it skyrocketed and I was excited, I was excited and chased it. I chased it and got trapped again🙃 $MEME $GMT $ORDI
Specialized in treating eye diseases, blindness caused by turning a blind eye to good money, pink eye disease caused by seeing group friends getting rich, hysteria caused by opening one's eyes and telling lies when the eyesight is not working 😂 The day before yesterday was $500, 10 times the contract. Bigtime was out yesterday for $5,000. Yesterday, the meme was $5,000, 10 times the contract. Today, it was $40,000. I believe everyone made a profit.
$BTC It reached the integer mark of 40,000 this morning, and the weekly closed a relatively long positive line. It is expected that there will be an upward trend in the next two days, and then it will fluctuate back and forth around 40,000, confirming that 40,000 Integer bit support $ETH Follow the big pie and rush to 2200. Currently, we are still following the trend of the big pie. In terms of altcoins, $ORDI continues to hit new highs, $FTT is preparing to break through, and the bankrupt quartet can continue to pay attention. In addition, you can pay attention to the big pie ecology STX RIF BADGER REN When the market pulls back, be brave enough to buy spot stocks at the bottom The#BRC20sector is about to have the effect of fund rotation. The leading $ORDI $RATS will be launched first. Pay more attention to the inscriptions with high market popularity and follow the hot money and emotions to operate. $ORDI
#Doggy $BTC has been successfully migrated to the ETH chain and added to the 160ETH pool. This is a popular project on the entire network in 21 years and raca is a banker. Musk’s mother personally called for orders on Twitter. Now the project team has moved to the ETH chain to make trouble, implying that the game will be the next raca. Trading will open on Uniswap at 8pm Beijing time on December 3. CA: 0x0daDDB1729a846A75cc89e610eef590aD8b9F7ca Deflation mechanism: At this stage, an 8% sales tax is set and will be automatically destroyed. The next phase would be to eliminate the sales tax. stay tuned. $BTC $ORDI
1. Today BRC20 volume and price are in unison, Ordi reaches new highs, and Sats surges. 2. Market trading volume rose rapidly after a sharp decline. 3. This means that the entire pie ecology has become a niche field and has received funding relays from a wider group of people, even from aunts. $ORDI $ETH $BTC
$BTC The pie has closed a new short-body positive monthly line. The trading volume in November is a little less than that in October. The monthly MACD indicator is still bullish in the short term, but the monthly indicator period is too long. If it is long, the lag will be more serious. Judging from the weekly level MACD indicator, it is currently a sign that the upward momentum is weakening. The two-day MACD indicator is also a sign that the upward momentum is weakening. Therefore, the pie needs to be adjusted. $ETH The trend is still following the big pie. From yesterday day to now, the trend has been slightly stronger than the big pie. Copycat aspect $PERL $WTC $BTS $TORN dominates the gainer list. These are the currencies that Binance will delist. Pay attention to the risks and chase higher with caution. $ID and $HOOK were stimulated by the good news. After a wave of rise, it did not last and fell directly. Most copycats also experience stagflation. You must always be wary of the risk of falling. Don't be afraid of not being able to get on the bus. Protecting your principal must always be the first priority. $BTC $ETH $BNB
Everyone who invests in the currency circle does not think that everyone is really making money. 80% loses money, 10% makes no loss or profit, and 10% makes money. It has been for a long time $BTC $ETH $BNB
Fear Greed Index: 66 Greed Copycat Season Index: 45 (measures the relative strength of BTC and copycats, the higher the value, the more enthusiastic the copycats are) Mainstream Bitcoin miner shutdown price: $22894 (S19Pro+Hydro)
Market evaluation: This week there are U.S. Treasury bond auctions, consumer confidence index, Federal Reserve Board Governor’s speech, GDP data release, PCE core price index, etc. The market will be fully suppressed. Unless the data turns dovish, it will be difficult for the market to continue to rise.
#24小时多空比:48.68%/51.32% Shorts favor long 24-hour liquidation: $103 million long order: short order = 1:2.76 70% long order There are 148 days left until the Bitcoin halving (estimated on April 23, 2024) Strong currencies: LUNC, AXS, RLB, TAO, ROSE Recent large-amount unlocks: SUI (November 29), OP (November 30), GMT (December 1) key message Macro news (bearish) Several Fed officials will give speeches to counter market expectations of interest rate cuts. First time in three years! U.S. PMI report shows: Employment in manufacturing and service industries both declined Be careful in the market! Top hedge fund Point72: A slowdown in the U.S. economy at the end of the year may bring turmoil Currency news Bitcoin mining difficulty increased by 5.07% to 67.96T, continuing to hit a record high
#USTC暴涨或与Terra Classic Labs’ $500,000 strategic purchase related Overview of unlocking data this week: 152 million DYDX will be unlocked on December 1, accounting for 84.41% of the circulating supply Standard Chartered Bank analyst: Bitcoin is expected to reach $50,000 this year and may rise to $120,000 by the end of 24 $XRP $USTC $BTC
I took a look at Reuters’ negative news about Brother Sun: “Tron has become the preferred encryption network for terrorist organizations.”
Objectively speaking, don't worry about it. If something really happens, go to TEDA, which issues USDT on TRC20. If a terrorist organization really plays TRX, Brother Sun can cut off the terrorists. Is that considered a meritorious service? $BTC $ETH $TRX
When speculating in currencies, don’t follow the technical school, but follow the MLM school. If I hadn't been held back by a few technical bosses around me, I would have been the one to earn hundreds of millions from BRC20, not my apprentice to the young dragon-slaying boy. At the beginning, my technical masters all told me that this thing had no future, no innovation, no technical content, and was going backwards in history. Technically speaking, they are right. But they don’t understand the market, just like IT men don’t understand women. $BTC $ETH $BNB
#11.26 Quick overview of currency circle data (short side): [BRC20 cooling shutdown price increases] Click to follow to learn about daily news in the currency circle
BTC liquidation chart: support below $37,000, pressure above $38,287 DeFi total locked-up volume increased by 20% weekly Fear Greed Index: 73 Greed Bitcoin Volatility Index (DVOL): 53 (the greater the volatility, the greater the risk of decline) Shanzhai Season Index: 41 (measures the relative strength of BTC and Shanzhai, the higher it is, the more enthusiastic the Shanzhai is) Mainstream Bitcoin miner shutdown price: $22893 (S19Pro+Hydro)
Market evaluation: As BRC20 cools down and computing power increases, the shutdown price of mining machines has further increased. The BTC liquidation chart has a large number of chips waiting for liquidation near 37,000, which may occur in the near future. Bond yields have already risen first to express panic, and Federal Reserve officials may pour cold water on market expectations of interest rate cuts.
24-hour long-short ratio: 49.18%/50.82%, short side is long 24-hour liquidation: $37.42 million long order: short order = 1:1 basic balance There are 149 days left until the Bitcoin halving (estimated on April 23, 2024) Strong currencies: APE, VET, INJ, MANA, KLAY Recent large-amount unlocks: YGG (November 27), PENDLE (November 29), GMT (December 1)
key message Macro news (bearish) Several Fed officials will give speeches to counter market expectations of interest rate cuts. Inflation data expected to contradict Fed stance The U.S. Treasury market faces another important test next week Expected rise in bond yields signals market panic Global stocks on track for biggest monthly gain in three years
Currency news The Cosmos Hub community has voted to adopt the proposal to “reduce the ATOM maximum inflation rate to 10%” Data: Grayscale GBTC negative premium rate has narrowed to 8.07% Data: Blast Network TVL breaks $500 million AzukiDAO changed its name to "Bean" and has raised US$10 million in funds to issue 1 billion memecoin $BTC $ETH $BNB
Brief commentary on daily market conditions #BTC The weekend fluctuated sideways, and there were not many surprises. Waiting for next week, there will be violent fluctuations, and pins will be inserted when falling. Remember to buy, spot is king. #ETH Following the big pie, there are not many highlights Copycat aspect The tokens of the#GameFisector and the Metaverse sector that were pushed yesterday have all been pulled up one after another. Today, these two sectors will continue to surge higher with inertia. They will start to reduce their positions during the rallies. The rotation of sectors is very fast. The coins that dominate the gainer rankings in the past two days over the weekend may not be seen on Monday. It is not recommended to chase#SUPER#PNT, which has the strongest rise. The next round of hot spot rotation may be the#MEMEsector #Doge🦊 . You can focus on it. focus on $MEME $PEPE
In the past week, the transaction volume on the Bitcoin network exceeded 600,000 US dollars, setting a new high in the near future. As a result, the benefits of absenteeism increased significantly and also reached a new high. This is all due to the inscription army. Without their brainless buying, Transactions on the Bitcoin chain will not be so active, and absenteeism will not make money. Applause goes to the inscription army #Bitcoin $ORDI $BTC $ETH
11.24 Quick overview of currency circle data (neutral): long and short balance, a huge number of options expire today #点击关注了解币圈每日资讯 Understand the daily news of the currency circle
Market evaluation: The market has reached a long-short balance after adjustment. Judging from the liquidation chart, Bitcoin has the demand to explode short orders at 38,000, and it tends to correct after reaching the target price.
#24小时多空比:49.94%/50.06% short long 24-hour liquidation: $61.12 million. Long order: short order = 1:1. Basically the same with more long orders. 152 days until Bitcoin halving Strong currencies: GAS, PYTH, MNT, UNI PYTH: A blockchain oracle for market data MNT: Roll-up L2 public chain, incubated by Bit DAO Recent large-amount unlocks: DYDX (November 28), SUI (November 30), OP (November 30)
Key message: macro news Jack Ma, Bezos, and Befitt have successively reduced their stock positions U.S. markets closed for Thanksgiving
Currency news Approval of spot Bitcoin ETF is expected to bring capital inflows of over US$70 billion JP Morgan: Grayscale GBTC could face $2.7 billion in outflows as it converts to ETF Data: Options contracts worth $4.04 billion in BTC and $2.47 billion in ETH will expire and be delivered tomorrow $BTC $ETH $BNB