What is the reason for BTC's sharp decline? Has the bear market arrived?
BTC fell to 78,000 yesterday and quickly rebounded to 84,000, with a fluctuation range of 6,000 points, which is not small. My expectation is that the bottom is still around 79,000, which is not much different from my expectation. However, this is not the time for us to rush to bottom-fish, but rather an opportunity for the market to continue to build momentum. The danger of chasing rebounds at this time is much higher than at other times.
The U.S. announced the latest personal consumption expenditure (PCE) price index for January on Friday, with all data meeting expectations, alleviating market concerns about a resurgence of inflation and providing room for the Federal Reserve to cut interest rates. Encouraged by this, major U.S. stock indices rose across the board, and Bitcoin rebounded after falling to around 78,000 yesterday, briefly breaking through 85,000.
Last night, U.S. stocks dragged Bitcoin down, and Bitcoin dragged crypto altcoins down, leaving the market in a mess.
As for the reasons for this price crash, many analysts and KOLs have summarized them on the Internet, saying all kinds of things. For example, some say that the decline was caused by the Federal Reserve policy and the strengthening of the US dollar, some say that the decline was caused by the outflow of ETF funds, and some say that the decline was caused by Trump’s tariff policy... Those who are interested can search and find out by themselves.
Anyway, no matter whether the market falls or rises, we can always see various well-founded reasons and analyses afterwards.
SOL fell below the six-month line. Will the copycat market continue to rise?
Bitcoin is currently on the upper edge of a short-term volatile market, with the real resistance above at the 100,000 USD mark. If this mark is effectively broken, it will continue to rise, otherwise it will continue to maintain a volatile adjustment trend.
At the cottage level, many high-quality cottages have hit bottom and are starting to rebound. Everyone should pay more attention to this. It is estimated that it will be difficult to encounter a general rise in cottage prices in the future. Therefore, when choosing cottages, you must choose some high-quality leaders as your trading targets.
There has been no market on the chain in the past few days. Sol has almost halved from its historical high of $295 to the current $172 in just one month, and there is no sign of stopping the decline. With the massive collapse of memes on the Sol chain and the large amount of Sol that will be unlocked in March, Sol is becoming more and more dangerous. I don’t know if those who got the gold in Sol have cashed in. If they don’t run in time, they will lose it all.
After the altcoins, meme coins have also collapsed. Now is the time to wait for quality projects to emerge.
The bull market cycle of 2020-2021 was supported by ecosystems like DeFi and NFTs. DeFi has survived well into now and is getting better, but this cycle lacks a true narrative that has landed. What remains is endless PVP and nihilism. After Trump and his wife launched their tokens, the meme coins that were hyped on SOL for a year experienced a cliff-like collapse, extinguishing the nascent AI agent spark. Yesterday, the president of the Central African Republic also issued his own token on Twitter, with a token model similar to TRUMP's, and it is 'unclear' if Twitter was 'hacked'. All the 'nobles' around the world are doing this, and liquidity has been drained. The crypto circle has become a bloodsucking ground in this cycle. If this phenomenon continues, the crypto field will eventually decline, remaining stuck in the online PVP stage, where the pool will not grow but shrink.
In three days, 150 times, what reflections are there behind the surge of $TST?
The Bitcoin weekly adjustment is actually quite healthy, but altcoins are different. If you don’t hold quality top altcoins in this bull market, you will be drained by various memes under limited market liquidity, so now is the time to properly layout and plan your altcoin positions.
Binance still worked overtime over the weekend to list $TST spot trading. After a round of criticism a few days ago, it has now turned into 'sour' + 'crazy.' The sour ones are still criticizing CZ for being inconsistent, and Binance for having no bottom line, while the crazy ones are celebrating 150 times in three days, feeling free again...
Binance officially starts the third phase of the Megadrop project Solv Protocol
$BTC has broken 100k, but the altcoins on CEX are very cold, because retail investors are all on-chain, the AI concepts on-chain are varied every day, everyone should also pay attention to risks while participating, especially not to chase highs, not to go all in, and definitely not to buy positions that keep you awake at night.
Binance officially starts the third phase of the Megadrop project Solv Protocol, and $SOLV trading will go live on January 17. The previous earnings have been good, so I recommend everyone to participate.
Buy BNB and BTC in advance at the exchange before starting, the more BNB the better, prepare at least 0.00011 BTC, and withdraw to your Binance wallet via BSC.
The last day of 24 years! What do you think of the subsequent market situation?
It will be 25 years tomorrow. This year has passed so quickly. We encountered two big market trends, the crazy rise from January to March and the BTC breaking through the 100,000 USD mark from October to December. I believe that those who have held on to the spot since the beginning of the year have made a lot of money.
In fact, it is relatively easy to make money this year. Both the emotional hotspots and the market conditions are relatively positive. As long as you don't follow the trend and speculate blindly, it is no problem to make some money. If you like to toss around, you will end up losing both your coins and your money.
As for the current situation, I think there is not much time left for the market. The market is about to change. The market has been fluctuating for almost half a month, and the high-quality cottage stocks have been falling for almost a month. From the recent high to the low, they have fallen by 50 points. Many people think that we are going to enter a deep bear market, but they don’t know that this is the last wave of the market in this round of big cycle. Cherish it while you can, sow seeds, and wait for the harvest next year.
The market has not been very good these days, with a continuous decline. When it goes up, the assets in the account do not seem to increase much, and when it goes down, the assets in the account plummet.
Bitcoin fell today, but the altcoins stopped following. This is a strong signal. The altcoins are currently performing well, such as $zen $usual $aave, etc., which can be paid special attention to.
The next good news is that the United States will be on holiday for two weeks. Most of the market makers and Wall Street tycoons will also choose to rest for a while. The Nasdaq will also be closed on the 24th and 25th. Well, it is finally time for hot money to operate.
It’s time to buy at the bottom again, how to choose the target?
Let me share a clip I saw today:
(Buy cigarettes)
"He woke up, looked at his account, and said he was going downstairs to buy cigarettes. He didn't take the stairs or the elevator. He didn't buy cigarettes.
What happened next?
Later, he became a wisp of smoke floating in the air. He was going up, but his account was going down forever." ——December 20
In the past 24 hours, the entire network has been liquidated for $1.023 billion, and more than 300,000 people have been liquidated. Cherish your life and stay away from contracts. This time, the long army has been liquidated, and the short army will be liquidated next. From this weekend to next week, let's wait and see the rebound market. The reversal may not work yet.
If MOVE is the token, you do not have $SUI , $MOVE is another option.
Crypto晴天
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SUI Strong Surge! Will MOVE series public chains take off? Sharing a must-do AI + DePIN project!
Yesterday, the US November seasonally adjusted core CPI year-on-year was 3.3%, in line with expectations of 3.3% and a previous value of 3.30%. This fully meets market expectations, and the Fed's interest rate cut of 25 basis points on the 18th is basically confirmed.
US stocks surged, the NASDAQ continued to rise, breaking through 20,000 points for the first time, setting a new historical high, with a cumulative increase of over 33% this year. Crypto also surged, Bitcoin has returned to over 100k. The two-day bear market has finally ended. During a bull market cycle, don’t get off easily; if you do, you will become fuel for the rally.
Today, the public chain $SUI also surged strongly. This coin has been mentioned by Qingtian many times; it is a new public chain token that can be held for a long time.
Which 5 new MEMEs will be launched on Binance Alpha? Bet now!
According to the Binance Alpha page, the first five projects will be announced at 18:00 Beijing time on December 18, and a notification will be sent 10 minutes before the launch. They will include three BNB Chain ecological projects, one Solana ecological project, and one Base ecological project.
Some platforms released some false news, which caused the price of some coins to rise, including:
$MONKY BackgroundFloki's "sub-coin" $RIF desic leading project $ELIZA ai grent Hot $ZRC Binance invested in L2, the ip is a cat $HAPPY A happy internet celebrity cat
Since it is said to be fake, then Binance will most likely not announce these items when it announces the first batch. The list has been changed. MONKY has been ambushed before, so you can sell it or continue to hold it. You can’t say whether it will really go public. Then there are 3 BSC projects here. I feel that there may be CHEEMS (I personally think it is the most worthy of attention). This one has also been ambushed before, and I will continue to hold it. CA:
How to use AI robots to be Zhuge Liang in a bull market?
BTC continues to rise to new highs, standing firm above the 100,000 mark. The funding flow during this time indicates that it is now a prosperous era for DeFi. From Trump's own project directions and the market's participation in speculating on Eth, we can see the close relationship with DeFi, which is also the track that major institutions choose to deeply implement in 2025.
So what DeFi tokens can still be hidden now?
I don't know if everyone still remembers the first cryptocurrency that went live on Binance LaunchPool:
, which established Bella's position in the DeFi field and also reflected the project's basic strength and industry status.
Bitcoin pulled back a few days ago; even if 104,000 is the recent peak, there will definitely be a "double top" that will scare retail investors away. Unbeknownst to them, Bitcoin is approaching the 104,000 mark again, and whether it will form a double top or break through will depend on today and tomorrow. If it can't break through, it will be quite awkward!
If it breaks upward, then 120,000 to 130,000 is in sight. In fact, technical indicators suggest it will just cycle through again. The higher it goes, the greater the risk becomes, and one must tread carefully in the later stages. However, for the long term, one can disregard this. Holding until March to May next year may yield unexpected gains.
It's because every adjustment in a bull market leads to another surge, and those who think they have successfully timed their trades will continue to jump back in. After several iterations of this, speculators develop a conditioned reflex like Pavlov's dogs; every downturn reinforces their bullish outlook, leading to larger positions and greater risk-taking.
The XAI small key is open for public sale. Buy one for personal protection, around 60 dollars each. After purchasing, throw it into the pool to stake. According to the official statement, it's still early; 12+ airdrops in 25 years.
Use the link to enjoy a 5% discount; you can participate in the purchase on the official website: https://sentry.xai.games/?promoCode=0x1Ba60f7aCE3fdE4Bf7dC11eF5e6e5035FBEbEee4
Crypto晴天
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The price of copycat stocks is skyrocketing, and the trend of chain oil is about to blow! What should we ambush?
In the first half of the year, Ton mini-games let us experience viral mini-games, with an average of 10,000 people in the studio, Not, Catizen, dogs, Gamefi is alive and well again!
The wind direction changes too quickly, and it can be foreseen that the information gap on Ton will be almost eliminated in the future. In the counterfeit explosion season, GameFi is basically a high-explosion track that cannot be escaped in every round of counterfeit season! If you believe in gamefi, I suggest you pay attention to it.
。
$XAI Co-developed by Offchain Labs (the development team of $ARB), it is committed to helping millions of players explore the infinite possibilities of the Web3 gaming era. As a popular project on Binance Launchpad, Xai has distributed a total of $340 million worth of token airdrops to the community since its launch on Binance!
SUI Strong Surge! Will MOVE series public chains take off? Sharing a must-do AI + DePIN project!
Yesterday, the US November seasonally adjusted core CPI year-on-year was 3.3%, in line with expectations of 3.3% and a previous value of 3.30%. This fully meets market expectations, and the Fed's interest rate cut of 25 basis points on the 18th is basically confirmed.
US stocks surged, the NASDAQ continued to rise, breaking through 20,000 points for the first time, setting a new historical high, with a cumulative increase of over 33% this year. Crypto also surged, Bitcoin has returned to over 100k. The two-day bear market has finally ended. During a bull market cycle, don’t get off easily; if you do, you will become fuel for the rally.
Today, the public chain $SUI also surged strongly. This coin has been mentioned by Qingtian many times; it is a new public chain token that can be held for a long time.
Musk goes crazy for PEPE, AI Agent rises uncontrollably!
Last night, Microsoft's shareholder vote on whether to invest in Bitcoin has concluded, with shareholders opposing the proposal to invest in Bitcoin, believing it does not align with long-term shareholder interests. In fact, it doesn't matter whether Microsoft invests or not; Bitcoin will rise and serve as fuel for their surge.
$MOVE also exhibited erratic movements yesterday, soaring and plummeting, with a market cap at one point reaching $14 billion, then dropping back to around $6 billion. Retail investors should avoid participating in the opening if they're unsure, even in a bull market.
Last night, $ME reached a high of $20 on OKX. If you grabbed the airdrop immediately, it was quite appealing, but due to server issues, the price ended up around $6 when people could finally claim it. Even so, it was still appealing.
The tragic situation of 312 reappears! 500,000 people liquidated! Amounting to $1.7 billion! Can we buy at the bottom?
Last night, all three major U.S. stock indices fell. The Dow closed down 0.54%, the S&P 500 index fell 0.61%, and the Nasdaq dropped 0.62%. MicroStrategy (MSTR.O) fell 7.5%, and Coinbase (COIN.O) dropped over 9%. This may be one of the reasons for the decline in the Bitcoin market.
In the last 24 hours, a total of 582,486 people have been liquidated, with a total liquidation amount of $1.751 billion. It's been a long time since I've seen such a large liquidation amount. During a bull market cycle, contract risks are very high, so everyone must be cautious.
Today, I found some funds to continue buying at the bottom. Note that this is a right-side pullback buy, not a left-side market where you keep buying as it falls. This core idea must not be mistaken.
Babydoge hits a new high again, and the MEME market remains optimistic in the future!
A new week has begun. The US seasonally adjusted CPI annual rate data for the end of November will be released at 21:30 this Wednesday. The previous value was 2.6%, and the forecast value is 2.7%. It will have an impact on the market, but as long as the data gap is not too big, it will only have a short-term fluctuation impact, so keep an eye on it.
The logic behind this round of hype that started in early November is that Trump was elected. Both the old mainstream and the defi track are dominating the enthusiasm of the entire market, and the gamefi track is also ushering in a wave of popularity.
This week is still a volatile market, and there may be more opportunities in copycat projects, because occasionally with good news, a copycat project will explode. At present, the market is indeed a time for copycat project owners to make trouble. If you don’t make any efforts now, just wait for the market to return to zero when the bear market comes!
XAI small key will be on sale at 10am Beijing time on December 14th, don’t miss it🤑
Crypto晴天
--
The price of copycat stocks is skyrocketing, and the trend of chain oil is about to blow! What should we ambush?
In the first half of the year, Ton mini-games let us experience viral mini-games, with an average of 10,000 people in the studio, Not, Catizen, dogs, Gamefi is alive and well again!
The wind direction changes too quickly, and it can be foreseen that the information gap on Ton will be almost eliminated in the future. In the counterfeit explosion season, GameFi is basically a high-explosion track that cannot be escaped in every round of counterfeit season! If you believe in gamefi, I suggest you pay attention to it.
。
$XAI Co-developed by Offchain Labs (the development team of $ARB), it is committed to helping millions of players explore the infinite possibilities of the Web3 gaming era. As a popular project on Binance Launchpad, Xai has distributed a total of $340 million worth of token airdrops to the community since its launch on Binance!