Beware! The violent rebound has not yet bottomed out, lock in profits and watch the trend of Bitcoin carefully!
The market has rebounded slightly since last night. Are many people eager to try and buy at the bottom again? “There will be a rebound after a sharp drop, and there will be a correction after a sharp rise.” Today’s rebound is not a return to the bull market, but a market law. If you don’t understand the market now, are unsure and unclear! My point of view is: wait and see! The current rebound is temporarily regarded as a short-term oversold rebound. The drop to $48,888 did not form a bottom. Although the amplitude exceeded 20,000 points, it is not certain that the five waves of decline have ended. Therefore, it is not recommended to hold yesterday's "bottom-picking" for too long, and it is recommended to take profits in batches.
This round of bull market should be the worst in the history of cryptocurrencies
1. General losses: In the first half of this year, most people lost money, and only a few people made profits. Many of the losers are old investors in the currency circle. Even if they have resources and capital, this bull market is particularly harsh, and many people cannot get out of the trap.
2. Collective panic: In the past, people thought that there would be a big bull market two or three months before and after the halving of BTC, but BTC almost finished rising last year. The same is true for altcoins. When everyone thinks the market is coming, it is actually over. After missing BTC, they collectively boarded altcoins, and the result was that there was no rise after boarding.
3. Collapse of altcoins: Many altcoins will return to zero. Unlike previous rounds of bull markets, today's consensus logic and investment standards have changed. Altcoins are no longer seen as opportunities, and many people are eliminated as a result. The consensus of altcoins collapsed, and no one paid after the inside story was exposed, and a rapid collapse occurred, burying many people.
4. VC consensus collapses: Investors no longer hold high respect and faith in venture capital, and their words and actions have very low trust.
5. Project entrepreneurship becomes more difficult: Project parties need to understand future trends, community needs, marketing and community operations, which are becoming increasingly difficult. There are fewer and fewer successful projects, and retail investors' trust in project parties is also decreasing, forming a vicious cycle.
6. Cryptocurrency dividends fade: The currency circle dividends fade, and everyone is eager to quickly obtain wealth freedom, which seems very anxious. After this round of bull market, many people are worried about their future in the circle.
7. Ideological change: This round of bull market has brought many changes in ideology and consensus forms, and everyone needs to re-understand the crypto circle. Don't be impatient, don't be discouraged, don't be happy too early, and don't lose the pattern.
8. Unexpected changes: This round of bull market will make many people's years of accumulation go to waste, and things you didn't expect will happen. After so many years of happiness, it's not too much to be sad once.
The cruelty and complexity of this bull market are unprecedented, reminding us to remain calm and rational in the pursuit of wealth.
Bitcoin demand surges to three-year high, 2015-2018 bull run signs reappear! Can SOL, XRP, AVAX and GALA rebound?
Currently, medium-term Bitcoin holders, especially those who hold their coins for 6 to 12 months, are realizing profits. This phenomenon is similar to the 2015-2018 bull run, when large-scale profit-taking eventually led to a new rally.
Currently, despite price fluctuations, demand for Bitcoin is growing. Long-term holders are beginning to distribute their Bitcoin to new buyers, indicating that the market is attracting new funds. However, the proportion of new investors has not yet reached historical highs, and future price increases depend on whether this trend continues. Bitcoin currently finds support near $95,000. If it breaks through this level and holds there, it will be expected to re-challenge $100,000. If the support level cannot be maintained, the price may fall to $89,800, losing the bullish signal.
Meme Coin Storm! DOGE Holder Crisis, SHIB Deep in the Valley of Decline, PEPE Recovery Under Currents!
Fascinating Dogecoin Recently, one of the founders of Dogecoin, Billy Markus, revealed on the platform that Dogecoin will become 'scarce,' which has caused a stir in the crypto community. Simply put, Billy proposed to modify the code to make Dogecoin's supply limited. The specific steps are: First, developers need to make modifications on GitHub; second, the community and miners need to reach a consensus. This means that the issuance of Dogecoin will no longer increase by 5 billion each year as it does now, but will gradually slow down, approaching a fixed increment.
Divine prophecy? Zhao Changpeng CZ said four years ago: Bitcoin will fall from 101,000 to 85,000! Is the current scenario happening?
Affected by the Federal Reserve's announcement on December 19 to reduce the number of expected interest rate cuts in 2025, Bitcoin plummeted from a high of $104,829 at 3 a.m. on the 19th to a low of $92,268, with a maximum drop of 12%. However, with the release of the US November PCE data last night, Bitcoin rebounded slightly. As of press time, it was trading at $96,688, and the decline in the past 24 hours narrowed to 3.9%.
Looking back at the market, this round of decline lasted for 4 days. In the first two days, 90% of the currencies followed the decline. In the last two days, strong currencies such as SUI, USUAL, ENA, DOGE, PEPE, etc. also completed the decline. After the differentiation of strength and weakness, the market has limited room for decline, and the spot leader does not need to worry too much.
This bull market cycle has experienced 4 major upward waves: 1. First wave (January to April 2023): Lasted 4 months, completely breaking away from the bear market. 2. Second wave (mid-October 2023 to mid-March 2024): Lasted 5 months, initiating a mini bull market. Some people seized dozens or even hundreds of times airdrop opportunities through BRC20 and inscriptions. Between February and March, the DePIN and AI Meme trends on SOL brought the first obvious profit window of this cycle. 3. Third wave (mid-October 2024 to present, expected to last until February to April next year): Focus on opportunities in new sectors. Recently, in conversations with friends, I found that many people are at a loss, with the main reasons including: 1. Shorting BTC: Continuous resistance to positions or liquidation. 2. Full investment in worthless altcoins: Frequent switching leading to multiple stop-losses. 3. Heavy investment in Meme coins: Especially new Meme coins, experiencing multiple 70% cut losses.
Powell's words triggered the market crash! In the bloodbath market, do you dare to pick up these bloody chips?
Powell's words caused the Nasdaq to plummet by 3.61%, close to the largest drop in recent years. His hawkish remarks also targeted the cryptocurrency circle, clearly stating that the Federal Reserve cannot hold Bitcoin, causing Bitcoin to fall by 5%. The main reason for the plunge was that he revealed that there would only be two interest rate cuts next year, triggering a decline in various assets. At the same time, the copycat market was wailing! The blood was flowing like a river!!! DOGE As the crypto market continues to adjust, Dogecoin has fallen sharply by more than 25% in the past two days. After the FOMC meeting, the market was generally bearish, BTC fell below $100,000, and Dogecoin approached the key support level, and the market began to speculate whether it would fall below $0.2.
Potential opportunities in the SUI ecosystem! Let's focus on $UNI. Note that this UNI is not the UNI on the spot list but a puppy MEME coin. The narrative is closely related to the beloved dog of SUI founder @EvanWeb3. Evan has publicly supported and interacted with $UNI many times, giving it a unique endorsement advantage.
Why pay attention to UNI?
1. Strong narrative and consensus: The dog image has the highest weight and consensus value in MEME coins. Major chains such as DOGE, SHIB, and WIF have their own high-market-value dog image MEME coins. As the "head dog" of the SUI ecosystem, $UNI has similar potential. 2. Excellent fundamentals Total amount: 1 billion, fully circulated Current price: 0.017u Circulation market value: 13 million US dollars Coin holding addresses: more than 10,000 3. Great market potential: UNI is popular overseas, with many OG users, and the awareness of the Chinese circle is still improving. As the SUI ecosystem continues to develop, $UNI's market value is expected to recover further, and it is not impossible to break through $100 million.
Currently at a low point after a big wash, it is a good time to pay attention to $UNI. As a heavyweight MEME project on SUI, its growth potential is closely related to the development of the ecosystem, and there may be more wealth opportunities in the future.
Bitcoin has a stable long-term trend, and the market is very optimistic next year. The 4-hour chart shows that there is strong support near 95,000, and a rebound is expected from the weekend to Christmas. The market gradually calmed down at the end of the year, and it may be even crazier next year. This year's trend is a preview of the future, reminding us to pay attention to the innovation-driven track. If the secondary market lacks innovation, it will be difficult to operate. Today's market trends focus on: 1. Currently, there are only 1.09 million bitcoins that can be mined, and they are becoming increasingly scarce! 2. Despite the decline of altcoins, the on-chain market is still active, and the market value of $UFD is close to 300 million. The transformation of traditional investors shows that the crypto industry has been deeply integrated. 3. On-chain AI projects continue to rise against the trend. $zerebro, $arc, $ELIZA, etc. are worth paying attention to, and the on-chain fund activity exceeds CEX. 4. The altcoins on CEX generally fell back, and strong coins were not spared. There is no need to worry too much about spot, but contract users need to be cautious. 5. $MOVE and $USUAL performed well. Move was driven by Korean users. Usual combined with the RWA stablecoin track, continue to pay attention. 6. After the issuance of $PENGU, other NFTs will also issue coins. Doodles and other NFTs are hinting that the NFT market has risen by 70%. 7. Robinhood launched $bonk. Although market confidence is temporarily weak, it may explode in the future. 8. Trump bought 2.5 million magnesium $ETH when the market fell. Following Trump to speculate in coins may be a good choice. The addresses involve ENA, AAVE, LINK, etc. 9. Special news: Craig Wright was sentenced to 12 months in prison for contempt of court and suspended for two years. #比特币市场波动观察
ORDI is on fire, closely followed by SATS, competing for the top position; GOAT is on fire, with the East enthusiastically promoting ACT, while the West is pushing FARTCOIN; VIRTUAL is on fire, with AI projects springing up like mushrooms after rain. Retail investors are following the trend, resulting in exhaustion. PVP games have transitioned from being conspiratorial to scaling up; if you want to invest steadily, the best choice is to focus on top projects and figures. What are you all playing today, any recommendations!
Yesterday's drop was like the 3.12 crash, today is more like the aftershock and counterattack of 3.13. The liquidation amount of altcoins yesterday far exceeded that of Bitcoin, and although it continued to drop today, the liquidation amount has significantly decreased, indicating that the bulls have basically exhausted.
Currently, the bulls are at 1.3 billion, and the bears are at 9.3 billion. I just want to ask the bears if they are panicking? Maintain your mindset, enduring the darkness will lead to dawn, victory is already within reach.
Currently, Ethereum is in the stage of stepping back to the support level. This round of callback has not broken the previous low, indicating that the support is strong. At the same time, the short volume of this round of decline has obviously shrunk compared with the previous wave, indicating that the short force has weakened. The four-hour K-line at 8 o'clock this morning closed a long lower shadow positive line with large volume near the support level, confirming the effectiveness of the support, the callback ended, and the market stopped falling. Although there were two rebound K-lines after the stop, the volume shrank, indicating that the bullish rebound was insufficient and the market may still need to fluctuate and consolidate. It is not the best time to enter the market yet, and it is necessary to wait for further confirmation of the callback with shrinking volume. This stage belongs to left-side trading, and it is recommended to wait patiently for the right-side signal. Short-term trading should be stopped when it is good, pay attention to the utilization rate of funds, stop profit and stop loss in time, avoid being trapped due to greed, and maintain flexibility to seize more opportunities. #ETH投资 $ETH
The MEME market is turbulent! The bottleneck period is coming. DOGE, NEIRO, and SHIB may rebound next week. NEIRO may have a positive outbreak on Christmas Day!
Despite the large market fluctuations, the current correction provides an opportunity for high-quality projects to be deployed in the medium and long term. In the turbulent market, it is key to stay calm and not blindly chase the rise and fall. Every big drop often hides new opportunities, and investors need to adapt to the faster market rhythm. In the upcoming holiday season, market liquidity may decline, but it may also be a time to buy at the bottom. Conservative investors can choose assets with long-term potential and wait for the market to pick up to get better returns. Today’s MEME market is so miserable that I can’t even cry! NORTH$SHIB
Powell's remarks triggered a market crash! How to accurately bottom fish? Binance strongly supports BSC, Baby Doge leads the native meme coins, and these potential coins are about to explode!
Powell's speech triggered a sharp decline, while the Eastern markets reacted calmly, especially as Japan failed to raise interest rates, indicating that Asian funds are struggling to reverse the situation. This is the result of multiple accumulated warnings.
The conclusion is that this year's market peak has already been seen. As for the pullback position and when the rebound will start next year, we can wait until January to study. The next ideal peak is expected to be around 10300! The specific logic can refer to my previous analysis!
Don’t be too pessimistic. Trump may become the President of the United States in January, and the Senate is already under his control, making it easier to promote subsequent policies. Although Powell stated that the Federal Reserve is not qualified to buy Bitcoin, if Trump promotes legislation, the possibility of establishing Bitcoin reserves still exists. Today's bad news may be a future reverse good news.
The bull market is still here! It is a common phenomenon to adjust and clean up the Shanzhai and Yuegang at the end of the year. There is no big problem with the spot. Wait patiently for the arrival of a good market. Summary of Shanzhai coins:
1. ZK: The position I am interested in this coin is around 0.158. Now for me, it is in the middle of the decline. 2. ENA: Pay attention to the breakthrough of the 1-1.2 range. After the breakthrough, a new wave of rise may come. 3. DOGE: It is still in the adjustment stage. 0.34 is a stable support. 0.41-0.43 is a force. After the adjustment, the market may rebound. 4. ONDO: The upward trend is obvious, the bottom is raised, and patiently wait for the opportunity to accelerate the rise. 5. BOME: It is in the second bottoming stage. There is strong resistance near 75. It is expected to rise after the correction. 6. SOL: The support near 200 is stable and the trend is relatively stable. 7. ADA: A head and shoulders top pattern appears, but the 4-hour chart has shown a bottom divergence, and the 0.9 support may stabilize. 8. AAVE: There is a chance to buy low after the correction. Currently buy in batches. The future is worth looking forward to. #市场调整後的机会? #山寨币投资
The market has once again reached the key support zone of 3500 for Ethereum, where it rebounded last time. Those with large positions in ENA and USUAL are the luckiest, while those with large positions in MEME are suffering greatly. The recent discussions about the meme sector need to wait; the washout of PNUT and NEIRO has been severe, but there will be a rebound and higher gains afterwards. Yesterday, Powell stated that the Federal Reserve is not allowed to hold Bitcoin, and 794.7 Bitcoin ETFs were liquidated, alongside 20,100 Ethereum ETFs. These data reflect the intensity of the market washout, as the market makers thoroughly cleared out those wishing to exit and the leveraged positions that were forced to liquidate during this deep washout period. Once the washout is over, a rally is about to come, potentially as soon as this weekend or, at the latest, next week.
Altcoins generally fell over 10%. Many altcoins are nearing the bottom, presenting significant opportunities. Focus should be on the leading coins in popular sectors, selecting coins with bottom support, and avoiding blind chasing of prices. The leading AI coin FET has spiked to 1.34, close to the bottom from late November; WLD spiked to 2.26, near the mid-November bottom; The leading metaverse coin SAND has retraced to around 0.6, with important support at 0.57; Additionally, GALA, EOS, and the meme sector's people are also worth paying attention to. For details, feel free to discuss! #美联储放鹰 #加密市场回调
Today's market has plummeted across the board, and the reasons are likely known to everyone! Currently, many altcoins are showing trends similar to $ALT , having retraced to the previous low's dense trading zone. A prudent entry strategy is to wait for a pullback confirmation after a breakout.
The key next is whether today's daily K can stabilize in the support zone and close with a green K line.
Yesterday, the hawkish interest rate cut triggered a sharp decline, and the market is once again facing turmoil! A total of 294,844 people were liquidated globally!
1. Do you remember what Little Meow mentioned a few days ago about $SHIRO? Its popularity is rising. I haven't made money on ETH for a long time, but seeing it drop from 300m to 260m, the liquidity is good and it deserves to be added to your list. 2. Yesterday, Binance Alpha launched ten projects, including $KOMA and $CHEEMS. 3. 77302271493 rebounded yesterday, avoiding the early morning crash, but will continue to experience repeated washing and fluctuations. 4. $HSK broke new highs, surpassing $2 yesterday and reaching new heights. I bought some casually, which brought unexpected surprises. 5. After collaborating with Ethena Labs, 83873494180 broke a new high. As an algorithmic stablecoin for RWA, it still performs strongly even when the market declines. 6. 31310219353's official website has added an AI+DePIN section, with 7007 projects selected, but the currency price has indeed dropped significantly recently, and we need to observe the trend going forward. 7. Sahara AI's official Twitter announced that it will reveal significant news today (December 19). What could it be? Worth looking forward to. 8. Kraken's L2 network Ink has announced that the mainnet is live.
Musk once supported PEPE's market value to exceed one million. Can DOGE and SHIB usher in a hundredfold surge in 2025?
No matter how much MEME falls now, you must hold on and don’t be tempted! International players are dumping MEME one after another, preparing to have a prosperous year. At this time, we will wait for them to create a "gold pit" and seize the opportunity. The top MEME may be the best entry point! PEPE coin is a frog-themed coin that has rapidly risen in popularity thanks to its astonishing growth and strong community support. Its market value has exceeded 10 billion U.S. dollars, making it a leader among Meme coins and one of the top cryptocurrencies. In particular, Musk's attention, he frequently used $PEPE emoticons on social media and published related tweets many times, which greatly promoted the price increase of PEPE coins. As the promoter of Dogecoin, Musk's support has injected new vitality into PEPE and attracted the attention of more investors.