#MarketCorrectionBuyOrHODL It's always this time of year no matter what coin it is, it's related to the financial reporting period, related to the time to determine assets to close with government taxes. This is the time to hold rather than worry, but with #BNB🔥 it will be a great year. Looking at the neighbor's house, #Avax🔥🔥 , the adjustment after running the new system is pulling the price back to the adjustment zone of October when the average price was only $30-35$
Money flow continued to exit Avax last night, today's sign is that it will fluctuate around the $39 mark. There will be another adjustment in Avax price when this altcoin enters the 1H candle and cannot bounce up 5-6%. #AVAXUSDT🚀 #MarketCorrectionBuyOrHODL
It is almost certain that there will be a Christmas tree; after 1/1/2025, there may be signs of recovery, but it will drop at least 30% of BtC, and altcoins will fall by at least 60%. Avax/usdt is the pair that will always go the deepest and recover the slowest; although it is always slow, it is definitely steady. #AVAX✅ #AVAXUSDT🚀
It is almost certain that there will be a Christmas tree, after 1/1/2025 there may be signs of recovery, now it will drop at least 30% of BtC and altcoins will fall at least 60%.
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Lucifer-BB
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I overslept, so I couldn’t follow the chart 🥶🥶🥶
Woke up at 5:30 AM and saw the result :)) Seeing how Dom is retracting his beard like that, I can already smell something.
This one has played a few times this year. Now that it has reached its peak and is coming down, that’s okay, but if it breaks further, we’ll be waiting until August 2025 🤣🤣🤣
In the past 24 hours, 236,083 traders have been liquidated, with a total liquidation amount of $671.13 million.
The largest single liquidation order occurred on Binance - ETHUSD_PERP valued at $4.07 million.
Usually, when the team’s blood is spilled, it’s gradually manageable. 😚😚😚
And my blood will spill too after the team’s blood spills, then running away is fine 😌
Just keep watching the dom sideways here, that’s okay, just don’t go up anymore.
MM is taking advantage of the news to sweep, if I had stayed up last night, I would have probably run temporarily. They mostly sweep at night, damn it 🥵
This one $ETH still targets 3.5k-3.7k. If it breaks 3.5k, it’s a bit tense.
- I started participating in the market in April 2021 and /3 accounts by $LINK $AVAX when the 2020-2021 cycle ended. As of now, on December 16, 2024, my account has officially doubled after four years of participating in the market, largely thanks to $LINK .
- I have not taken profits on any coins in my portfolio throughout this time, only considering selling a small portion of the orders with poor entry (specifically, buying at the peak at high prices) when they come back to improve the positions of the coins in my portfolio. This helps my mindset be more comfortable on the path to the targets I expect.
- I trade very little, do not play memes, do not use margin/futures, just work normally, and in my free time, I follow and learn more knowledge in the market and invest if my coins reach a good price range/sell a bit if I hit my target.
∆∆• My principles: • Never use all my money to buy • Never sell all my coins • No all in.
That is my investment approach, and if it helps someone, that would be great. I adhere to the philosophy of "serious investment" and taking a long-term path in this crypto industry, so this article may be very dry and boring for those who speculate, thinking of the market with a quick-rich mindset and then exiting.
Details of FED Powell's speech on Bitcoin reserves In a recent press conference, Federal Reserve Chairman Jerome Powell was asked whether the FED would hold Bitcoin reserves in the future. He made it clear, emphasizing: 1️⃣ The FED is not allowed to own Bitcoin or other digital assets: Powell confirmed that under current legal regulations, the Federal Reserve does not have the right to own Bitcoin or any cryptocurrency. This aligns with the financial policies of the United States government, which focuses on maintaining stability and protecting the traditional financial system. 2️⃣ No plans to seek a change in the law: He emphasized that the FED has no intention of pushing for changes to existing regulations to allow for Bitcoin reserves. This viewpoint shows that the FED maintains a safe distance from the cryptocurrency market, focusing on traditional assets such as gold, bonds, and foreign exchange to ensure stability. 3️⃣ Views on cryptocurrency: Powell also mentioned that cryptocurrencies, including Bitcoin, are not considered suitable assets for the FED to hold due to their high volatility and lack of stability compared to traditional assets. However, he acknowledged that blockchain technology and digital assets could play an important role in financial innovation. The significance of this statement
It's chopped up, sir, it's being returned to $42-43$
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Crypto Master 786
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Bearish
$AVAX
📊 AVAX/USDT Technical Analysis: Ready for a Breakout? 🚀
AVAX/USDT is currently priced at 47.45 USDT, showing promising potential for the next move. The price is sitting in a key range, with the market waiting to see if it can break key levels and continue its bullish trajectory.
🔑 Key Levels:
Resistance: 48.50 is the immediate hurdle. A breakout above this level could send AVAX soaring toward 50.00 and beyond.
Support: 45.00 acts as strong support. If AVAX pulls back, this level could provide a solid base for buyers to re-enter.
📈 Strategy:
Breakout Play: Look for a clean break above 48.50, signaling a potential run towards 50.00 and higher.
Buy the Dip: If AVAX retraces to 45.00, consider entering near support for a rebound back toward resistance.
With strong upward momentum and clear levels to trade, AVAX/USDT is setting up for a possible breakout. Stay alert and ready to act as the market unfolds! 💡📈