The big coin experienced sharp fluctuations this weekend, causing those who have just been traumatized to frown, fearing that the big coin will test the bottom again. From the trend, there is no sign of a pullback; the support level is at 94,000, while the resistance level is around 99,800. The overall trend remains volatile.
Ethereum has some support around 3,330 and shows signs of turning upwards. However, the main force won't be that kind-hearted to let it go straight up. It's normal for the market to experience sharp fluctuations during the recovery process. The bull market has not ended; one must hold onto their chips tightly.
With Christmas approaching and the historical trend of poor Christmas market performance, people are being cautious. The recent sharp drop could be an early escape of risk-averse funds ahead of Christmas, leading to a decline.
Although the secondary market is sluggish, the primary on-chain funds remain relatively active. Wishing everyone a pleasant weekend, while also maintaining a good mindset to welcome a brand new week.
$DODO is consolidating near a key resistance level, and a breakout could push the price upwards to the mentioned targets. This spot trade setup provides an opportunity with well-defined levels for entry, stop loss, and targets.
Disclaimer:
I'm just letting you know that this is not financial advice. Spot trading involves risk, and you should always conduct your own research before making any decisions. Manage your risk responsibly.
What are your thoughts on DODO? Share your views below.
Topics covered in this postBinance Lists New never seen before tokens with huge potential leaving the Crypto Space buzzing. Hereâs my take on the five most recent or most anticipated tokens that traders should watch closely, especially if they are looking for high-growth plays:
Scroll $SCR : A zero-knowledge rollup for Ethereum aiming to bring scalability without sacrificing security. It really will change things for Layer 2 solutions!
EigenLayer $EIGEN : Redefining Ethereum staking with novel derivatives. This looks like a DeFi Enthusiast!
Lumia $LUMIA â Connecting Real World & Blockchain Asset tokenization is the future and Lumia is at the forefront.
Hamster Kombat (HMSTR): With the massive worldwide interest in blockchain gaming, Hamster Kombat has emerged as a fan-favorite by generating immersive gameplay and game rewards through Binance Launchpool. Ideal for gamers who want to invest in crypto.
Catizen (CATI): Blending Blockchain gaming with Telegram to drive a whole token in the gamified application side, Catizen Token is on a skat right now.
đĄ These projects collectively are innovating new areas including but not limited to DeFi, gaming, and tokenization, which we believe will create the next crypto boom.
đ Ready to seize these opportunities? If you have your own thoughts and favorite picks, let me know in the comments! đ
Scroll down â 10 words that will continue making noise, including EigenLayer and Hamster Kombat.
Disclaimer: Research carefully before investing. Only use funds you can afford to risk, and take full responsibility for your investment decisions
đ Started From Zero, Aiming for $100K! đ¸ My Binance journey began from absolutely nothing. With determination and smart analysis, Iâm on a mission to turn it into $100K! đ
Iâll be sharing regular updates, market insights, and my progress throughout this journey. Stay tuned, and letâs conquer the crypto world together, friends! đđĽ $BTC $ETH $BNB