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Ishaaq Ziyan
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The #ICP Pulse - S03 E61 - 20/12/2024
Gmgmgmgm Square Fam!
Welcome to the 61st episode of The #ICP Pulse Season 3, your daily dose of all things on ICP.
This is your weekly recap🙂
But, before we start...
I've put a lot of effort and time into this series, so if you don't mind, please consider liking this episode and supporting me by subscribing.
This will help me provide you with more quality information, thank you🫶
Now, without further ado, Let's get into today's episode🚀

1️⃣ $ICP Price action

Meh, the price action was performing well until BTC suddenly decided to flush out some over-leveraged traders and slid below 100K😐
Now, in terms of the weekly chart, these are the numbers that I am looking into.
Support: 10.5 - 11 USD [a wick to hit the low at 10 USD]
Resistance: 11.7 -12.28 USD [Now the range is strong as we slid again]
Additional requirements: high volume candles + hold the support range until a bottom out occurs.
I am anticipating that this weekly candle will close at around 10.2 -10.4 USD and chop for some time until we find a local bottom before playing out the above scenario.
Now, we wait✊

Now we head to,

2️⃣Onchain Stats
Sources: IC Dashboard, ICTerminal, icpzone and @Token Terminal
🟪Internet Identity Stats

Well folks, this week the IC saw around 3.3K entities onboarding the ecosystem.
Very interesting👏

🟪Burned ICP Stats

We saw 40.6K ICP vanishing from the circulation supply, which amounts to a staggering 406K USD

This is 🔺+110% of growth in terms of this metric, compared to the previous week⚡

🟪Mcap vs Fees [Weekly]

According to this metric from tokenterminal, the IC generated an impressive 525.9K USD in fees, while handling a stable marketcap within the week.

🆕🟪Cycles Burn Rate

The cycles burn rate remained a chill guy today, as folks prepare for vacation.
this accounts for 392 ICP being burned every hour at this rate.

🟪Number of New Addresses

Within this week ICP folks collectively activated 12.6K new addresses, as of press time, within this week.
LFG

3️⃣NFT Stats
Sources: toniqMarket, bioniqMarket and yukuapp
1️⃣Motoko Ghosts --> 🔺23 ICP
2️⃣BTC Flower --> 36.9 ICP
3️⃣ETH Flower --> 🔺9 ICP
4️⃣dcitynft--> 9.9 ICP
5️⃣Poked Bots by pokedstudiouk --> 6 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 0.0004 ckBTC
8️⃣Cubetopia Islands --> 🔺9.9 ICP

9️⃣Distrikt PODs --> 🔺2.48 ICP
🔟ICP flower --> 9.9 ICP

4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
Note: weekly recap, this indicates weekly gains
🟣Gainers
➡️cryptocloudsicp --> 0.00368 USD @ 1.4M USD Marketcap (🔺256%)
➡️BoB --> 1.45 USD @ 16.7M USD Marketcap (🔺8.5%)
➡️Kongswap --> 0.0512 USD @ 51.2M USD Marketcap (🔺48.3%)

🟣Losers
➡️Querio --> 0.0590 USD @ 192K USD Marketcap (🔻57%)
➡️catalyze --> 0.00646 USD @ 3.25M USD Marketcap (🔻36%)

5️⃣Inside the ICVerse🧑‍🚀
🟪4 Voting Proposals in the NNS.
🟪2 Voting Proposals in the BoomDAO SNS.
🟪1 Voting Proposal in the catalyze SNS.

🟪TVL on NNS: 3.182 Billion USD [🔻21.3%]
🟪TVL on ICP DeFi By DefiLlama: 54.26M USD [🔻7%]

🟪Updates from the DFINITY Foundation🔮
➡️The foundation is all set for today's Global Town Hall 3.0 powered by ICPHUBS
➡️The recap video of yesterday's ICP Year in Review 2024 livestream is now readily available.
➡️The foundation is prepping to activate the performance-based node rewards program.

6️⃣Updates from the ICP ecosystem
➡️bitfinitynet to host an AMA today with oooo_money
➡️tokenterminal publishes standardized on-chain metrics on OpenChat
➡️bioniqMarket completes new feature integration to prod.
➡️BlockchainPill announces new video series
➡️icto_app ships SNS proposal
➡️windoge_98 to ship something exciting soon👀
➡️Personal_DAO is reportedly working on some improvements to their UX

➡️DistriktApp announces the arrival of new devs to work on the OG project.
➡️The_Swop officially commences the DAO-liday party.

So, Here I wrap up for the day😇
Hats off for staying this far🫡
Now, before we wind up, feel free to share this with everyone who might lack some ICP Alpha, especially to our #BTCNextMove fam.
As usual, the quiz will be allocated today, so stay tuned✊
I have decided to take a break and will be back on the 1st of January 2025, with your daily dose on ICP :)

Until then, Take care👋
See original
Start over
Start over
LIVE
河马投研
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The copycat died on December 20, 2024, the cause of death is unknown!
See original
yes
yes
LIVE
Sai x Keith
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Xai
——————
The core figure of the Xai project said:

Working hard for the next chapter of $XAI all year

It will be epic

Can’t wait to share
——————-

Brothers, can we win? I know you are tired and hard-working, just like me.
See original
Followed Strategy Library
Followed Strategy Library
LIVE
智能 策略库
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Master these six strategies
Teach you to stop loss in time
First, stop loss when bottom-fishing fails. Retail investors like to bottom-fish on the left side, but they will not stop loss after bottom-fishing fails and get stuck. If the bottom-fishing is buried, once the price falls below the starting point of the stage, even if it is wrong to sell, it must be sold to avoid greater losses.
Second, stop loss at the key support level. In the rising market, the price rises to a high level and stops in the densely populated area of ​​the journey. Once it falls below the key support level, it is necessary to strictly stop loss.
Third, stop loss in the rising market. Continuously adding positions in the rising market is a winner's approach, but if the currency price falls below the previous high point and the lowest price of the first three K-lines, it is necessary to consider stopping adding positions or stop loss.
Fourth, fixed stop loss. Transactions that cannot be lost or heavy positions must have a fixed stop loss. If a single transaction loses 2% of the total position, it is necessary to consider stopping loss.
Fifth, moving average stop loss. If the moving average support method is used to judge the market, if the price breaks through the key moving average, it is necessary to decisively stop loss when the breakthrough is confirmed.
Sixth, stop loss on the trend line. In the middle of the rising trend, if the closing price falls below the trend moving average for two consecutive days, you must decisively reduce your position to stop loss. If you hold on, when the price of the currency returns to the cost price, 80% of retail investors will sell it.

Five high-sell and low-buy tips that currency friends must remember

1. After a big rise, the bird cloud top is coming, and the main force trap is coming.

2. High-level volume top pattern, it is smartest to reduce your position immediately.

3. Slow rise guillotine, the main force retreats and flees quickly.

4. Strong volume meets counter-envelope, the trend is upward.

5. High-level volume rushes high and falls, and the main force is definitely shipping.

#加密市场回调 $JUP
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Wait
Wait
LIVE
加密贝姐
--
Everything will rise back up. Babies, what you need the most right now is to wait. The more intense the drop is now, the more exciting the rise will be later.
$BTC $ETH $BNB #币安Alpha项目公布 #加密市场回调 #萨尔瓦多增持BTC #比特币战略储备 #圣诞行情预测
See original
ETF Outflow
ETF Outflow
LIVE
哆啦AI
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💡【BTC & ETH ETF data update on December 19】

🟠 Bitcoin ($BTC ) spot ETF

Single-day net outflow: US$680 million

Grayscale GBTC: Net outflow of US$87.8625 million, historical net outflow of US$21.236 billion
Grayscale Mini Trust BTC: Net outflow of US$189 million, historical net inflow of US$853 million

The largest net inflow: WisdomTree ETF BTCW +US$2.0474 million, cumulative net inflow of US$229 million

Total net asset value: US$109.655 billion, accounting for 5.74% of the total market value of Bitcoin. Historical cumulative net inflow: US$36.329 billion

🔵 Ethereum ($ETH ) spot ETF

Single-day net outflow: $60,467,700
Grayscale ETHE: Net outflow of $58,134,100, historical net outflow of $3,624 million
Grayscale Mini Trust ETH: Net outflow of $3,184,500, historical net inflow of $597 million

The largest net inflow: Fidelity FETH + $5,051,000, cumulative net inflow of $1,392 million
VanEck ETHV + $4,941,500, cumulative net inflow of $128 million

Total net asset value: $11,977 million, accounting for 2.94% of the total market value of Ethereum Historical cumulative net inflow: $2,403 million

#比特币市场波动观察

🧧Red envelope password: ETF outflow

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eth pending orders 3500, 3327, 3085
eth pending orders 3500, 3327, 3085
LIVE
五味子
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Recently, partners who were eager to enter the market must be crying their hearts out, beating their chests and regretting not acting sooner. Just a few days ago, the price levels you could hardly imagine have already arrived, haven’t they? I have repeatedly reminded players who are positioning in the cycle spot market to place orders at the monthly 5-10 day lines, etc. To summarize the recent suggestions I have given to many partners regarding order placements, some have already filled the first layer, and those who haven't should continue to wait.
1. ETH, 3500, 3327, 3085
2. SOL, 200, 185, 175
3. DOGE, 0.34, 0.28, 0.22
4. UNI, 14, 12, 9
5. LINK, 23, 18, 15
6. SUI, 4.0, 3.5, 2.9
7. ENA, 0.88, 0.65
8. NIERO, 1444, 1332, 1203 (stuck)
9. LTC, 110, 100, 90
10. WIFL, 2271, 1.923
There are many more that I won't list one by one. In this market, you always have the opportunity to make money or get stuck. What truly allows you to continue making profits is patience and not being greedy. $BTC #加密市场回调 #美联储放鹰
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Love
Love
LIVE
企鹅Chain
--
$USUAL Those who sold at a loss have been going up 📈
$ACT Those who held on have been falling 📉

Ice and fire $USUAL

I want to cry but can’t…
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Exist
Exist
LIVE
企鹅Chain
--
#圣诞行情预测 🎄Christmas🟰Christmas Robbery
Hope Christmas Eve is safe and sound, and everyone's wealth will rise.
$BNB
BNB's recent holdings and airdrop projects are quite impressive, and it has continuously released Holder projects. It is still the leader as always. Although the price has not risen gratifyingly, I will continue to hold it.

I sent everyone a BNB red envelope🧧, and you can receive it by commenting.

See original
Batch Entry
Batch Entry
LIVE
五味子
--
The Federal Reserve just cut interest rates by 25 basis points, but said the chances of a rate cut next year are low due to stubborn inflation and continued economic resilience. Meanwhile, the number of Americans applying for unemployment benefits fell more than expected last week.

Are U.S. rate hikes coming? If the Trump administration launches a serious trade war with China, there is a 30% chance of a rate hike in 2025.

Recently, the Federal Reserve made its third rate cut of 2024, a 25 basis point cut. The economic landscape is changing. Companies are already preparing to raise prices in response to potential tariffs, which could further push up inflation and indicate the need for further rate hikes.

The U.S. government is also actively restricting investment in China. Last month, the U.S. Treasury Department finalized investment restrictions on high-tech sectors in mainland China, Hong Kong and Macau, including artificial intelligence, quantum computing and semiconductors. The new rules will take effect on January 2 next year.
The game and battle between the two largest economies in the world, the escalation of the trade war, and the financial war will generate turbulence and uncertainty in global stock markets. But the current volatility is actually an opportunity for dealers to ship, wash the market, create panic, and then buy at the bottom again.
The same is true for the cryptocurrency market. The bull market has not ended, but the second half has begun. The pullback is just for another start. There are about 320 days left before the end of the bull market. The unilateral rise should be between February and May. For this pullback, everyone will enter the market in batches. Then just hold the currency and wait for the rise. Trump is in power, and the definite good news is set in stone. This time, the hawkish speech of Powell of the Federal Reserve is actually for the next wave, the bull market is even crazier, and to create confusion. This is the last chance to buy the bottom of the bull market, so don't miss it. $BTC #比特币市场波动观察 #加密市场回调
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Follow zen
Follow zen
LIVE
奇迹
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Why is ZEN so powerful?

1. The total circulation is only 15 million. Grayscale suddenly bought 76,000 the day before yesterday and 170 million yesterday.

2. Grayscale has opened securities investment for Zen.

3. Zen is going to build its own chain, and when that time comes, holders of Zen will also receive airdrops of ZKF.

4. Zen production reduction has just ended, and selling pressure has decreased.

5. This wave of Zen is an independent market, and it has not fallen. It should be the main force that has entered, and Grayscale is the main force.

From a technical point of view, it has been washed for nearly three years, and the monthly line has just broken through. You can make a layout!
See original
zen awesome
zen awesome
LIVE
龙龙历险记
--
Everything happens for a reason. $ZEN can pull up the market against the trend so fiercely. That is because Grayscale Big Brother has been increasing its holdings. So why don’t the coins you bought rise? Is it that some big brothers have been selling? #加密市场回调
See original
Not Lying Flat
Not Lying Flat
LIVE
哆啦AI
--
📉📉The market in the past two days has severely educated all the bulls! Especially the firm holders of the memecoin sector!

$ACT , $PNUT , $NEIRO The meme representatives of this round have broken down in the past few days! This is a weather vane, a weather vane for capital to turn! 🗑️🗑️

A very coincidental point is that these leading meme targets are the ones that the market seems to have the courage to make a choice after BA launched the ALPHA list of the wallet! When expectations are copied to the peak, when the story is told to exhaustion, the market always needs to turn!

USUAL, this ponzi-like model, once again shows the clustering effect to the fullest! Dare to chase, there will be results! In each round of the currency market, there are several plate-type model coins that can pull people into fomo. Of course, the final result is that a group of people will definitely pay for it, but the process is really beautiful. As for whether you are on the train or not, it really depends on your sensitivity and courage!

You still need to pay more attention to the market dynamics and capital flow. I feel that under such liquidity, there are really few general rises! Be brave to make changes!

#加密市场回调

Red envelope password: Don’t lie flat🧧
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was
was
LIVE
哆啦AI
--
【Currency Mining⛏️】

Grayscale has been increasing its position by $ZEN in the past two days!

From the technical perspective, it has also gone out of the contrarian market! I originally wanted to do a heavy position, but after searching, I found that there are a group of kols who are supporting it in the past two days!

I originally planned to pull the full bullet, but now I can only pull 50%!
I am really optimistic, but I am really scared by these sickles!
Buy 50%, the bullet is fired, I hope the result is safe!

#圣诞行情预测

🧧Red envelope password: ZEN
ok
ok
LIVE
Simey闪电
--
Bullish
#市场调整後的机会? Market risks are everywhere. $BTC , which just broke through 10w, fell again. The copycat stocks collapsed directly, with an average plunge of about 40%. There is still a lot of room for big bitcoin to fall, but the copycat stocks basically can't stand it and continue to decline. It will be difficult for the copycat stocks before the New Year this year. If big bitcoin continues to decline, everyone's funds for the New Year will be affected. In previous years, the market usually rose before the New Year, but this year there is not much time left for the market.
See original
Yes
Yes
LIVE
通宵盯盘大师
--
Bullish
In the cryptocurrency world, some people make money while others lose money. So many people have been liquidated in the past few days, so it’s time to make money.
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was
was
LIVE
程序员小江
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$ZEN

In the case of an overall correction, ZEN's performance is quite eye-catching. It was allowed to go long on December 6 and is currently close to the fourth target. 🚀🚀🚀
This is a medium- to long-term plan. The ultimate expectation is to get a big bull top. If it falls again, you can re-enter the market.
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Rush
Rush
LIVE
六月天
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Why I think the bulls are still continuing

First of all, once the trend is launched, it will not end easily. This is well known. The first red ⭕ is the position where the bulls launched the attack on the daily line. The moving average is golden cross, and the macd energy turns from red to green. The first adjustment is at the position of the first white ⭕. The first return to the position of ema30 on the daily line, and then the rise continues. Even if the subsequent dealer washes the market, it is also inserted to the position of the second white ⭕ at 94000, and it has not fallen below this moving average. It also verifies again that the bullish force is launched along this moving average.

That is, it has come to this position again, the third white ⭕, yesterday it was called 98800 to enter the long order, and I left at 102500. This operation uses the Vegas channel. Although it has fallen below 4 h channel, but the small cycle and the large cycle obey each other. I still think that this reason on the daily line makes sense, so from my system, I should do this wave of transactions. Although the risk is very high (the K-line pattern, top fractal, and rising channel on the daily line are all bearish), I don’t know right or wrong if I don’t enter the market. I still choose to be long in this wave. When his daily line falls below this moving average trend, I will consider loss. My bottom price is 96500. I hope you will meet at the top.

#加密市场回调
See original
Manage Your Mindset
Manage Your Mindset
LIVE
奇迹
--
#Trading is a process of self-cultivation#
The essence of trading is actually a profound dialogue with one's own humanity.
What you think trading is may be staring at the screen, relying on various technical indicators and strategies to decide buy and sell, as if engaging in an intense battle with the market.
But the real trading world tells you that this is actually an inner battle. You need to overcome your own greed, conquer fear, rid yourself of the impatience during profits and hesitation during losses, and also avoid the impulse to blindly follow the crowd.
All of this is actually unrelated to the market itself, but is deeply rooted in your own heart. Therefore, rather than saying that trading is a game against the market, it is more accurate to say that in the process of trading, we are always struggling with our own humanity. Trading often requires us to act against the instincts of human nature.
See original
Merry Christmas Heist
Merry Christmas Heist
LIVE
加密小师妹nina
--
Selling at a loss always sells at a loss $USUAL
Stuck always stuck $PNUT
Thank you, Big Pancake, for giving us the Christmas heist in advance 🎄#加密市场回调
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