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As Bitcoin (BTC) Reclaims 9.1W, These Altcoins Surge by Double Digits
BTC’s ups and downs
After some twists and turns, Bitcoin has returned to its upward trend. Previously, it briefly fell below $90,000 and even dropped to $87,000. However, in the past day, Bitcoin rebounded strongly, with the price rising by more than $4,000, soaring to above $91,000, and getting back on track.
This has been a big week for Bitcoin, which surged from $80,000 on Monday to nearly $94,000 on Wednesday, setting a new price peak. After this massive price rally, the market expected it to cool down and fall back. Sure enough, on Friday, the price of Bitcoin fell below $90,000, and the bears continued to exert their strength, causing it to fall further below $87,000. But unexpectedly, Bitcoin rebounded almost immediately and began to challenge the $90,000 price level at the close of Friday. By Saturday morning, Bitcoin successfully recovered the lost ground and rose further to the current price of over $91,000.
After some twists and turns, Bitcoin has returned to its upward trend. Previously, it briefly fell below $90,000 and even dropped to $87,000. However, in the past day, Bitcoin rebounded strongly, with the price rising by more than $4,000, soaring to above $91,000, and getting back on track.
This has been a big week for Bitcoin, which surged from $80,000 on Monday to nearly $94,000 on Wednesday, setting a new price peak. After this massive price rally, the market expected it to cool down and fall back. Sure enough, on Friday, the price of Bitcoin fell below $90,000, and the bears continued to exert their strength, causing it to fall further below $87,000. But unexpectedly, Bitcoin rebounded almost immediately and began to challenge the $90,000 price level at the close of Friday. By Saturday morning, Bitcoin successfully recovered the lost ground and rose further to the current price of over $91,000.
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In this round of meme craze, we can find that Bitget has become the birthplace of "Golden Dog"
From GOAT to ACT and PNUT, they all seem to have a common pattern: first test the market reaction in BG, and then enter BN
Now Bitget is called the first stop of the meme "talent and wealth effect", which is really worthy of the name!
From GOAT to ACT and PNUT, they all seem to have a common pattern: first test the market reaction in BG, and then enter BN
Now Bitget is called the first stop of the meme "talent and wealth effect", which is really worthy of the name!
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Pay attention! Next week, Nvidia will release its financial report, and the AI sector is worth paying attention to.
Watch out for AIDOGE, TURBO, ACT, FET, WLD, and ARKM, among which AIDOGE, TURBO, and ACT are Meme coins.
The AI sector has performed well recently, and it may continue to rise next week.
If there is a pullback, it is a good time to enter the market!
Watch out for AIDOGE, TURBO, ACT, FET, WLD, and ARKM, among which AIDOGE, TURBO, and ACT are Meme coins.
The AI sector has performed well recently, and it may continue to rise next week.
If there is a pullback, it is a good time to enter the market!
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Old-brand cottages can be roughly divided into two categories:
1. Trend type:
This type of rise is continuous and steady. When the price fluctuates, it will adjust multiple times, which can provide us with multiple opportunities to get on board. It is suitable for trend following strategies.
2. Explosive type:
This type of price will rise rapidly in a very short period of time, with concentrated gains and violent fluctuations. There are few mid-term adjustments, and there is almost no chance to get on board mid-term. You can only make breakthroughs and chase the rise.
1. Trend type:
This type of rise is continuous and steady. When the price fluctuates, it will adjust multiple times, which can provide us with multiple opportunities to get on board. It is suitable for trend following strategies.
2. Explosive type:
This type of price will rise rapidly in a very short period of time, with concentrated gains and violent fluctuations. There are few mid-term adjustments, and there is almost no chance to get on board mid-term. You can only make breakthroughs and chase the rise.
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This round of bull market focuses on three major sectors, and steady returns: MEME, AI, and RWA
Attention to those who have just entered the circle! Don't follow others and follow venture capital, or you will fall flat on your face
Focus on the three major sectors of MEME, AI, and RWA, and select potential stocks from them
Reject distractions, focus on the core, as long as you hold on firmly until next year, five times is not a dream!
Attention to those who have just entered the circle! Don't follow others and follow venture capital, or you will fall flat on your face
Focus on the three major sectors of MEME, AI, and RWA, and select potential stocks from them
Reject distractions, focus on the core, as long as you hold on firmly until next year, five times is not a dream!
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OM:
Current price is 2.38, now it has broken through 2 US dollars and reached a high of 2.75
Friends who have not yet boarded the train should wait patiently for the opportunity to pull back, it is not too late to board the train when it is stable
Current price is 2.38, now it has broken through 2 US dollars and reached a high of 2.75
Friends who have not yet boarded the train should wait patiently for the opportunity to pull back, it is not too late to board the train when it is stable
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XRP:
Current price is 0.972, and it can be bought if it falls back to 0.85, with a target of 1.2
Yesterday's strong rebound, the support of 0.74 is very solid, setting a new high this year
The weekly K-line shows a big rise, and it is about to break 1!
There is also official good news, launching the stable currency RLUSD anchored to the US dollar to enhance XRP payment capabilities!
Current price is 0.972, and it can be bought if it falls back to 0.85, with a target of 1.2
Yesterday's strong rebound, the support of 0.74 is very solid, setting a new high this year
The weekly K-line shows a big rise, and it is about to break 1!
There is also official good news, launching the stable currency RLUSD anchored to the US dollar to enhance XRP payment capabilities!
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ACH announced a partnership with Samsung in the payment field.
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Recently, Grayscale has continued to increase its holdings of LTC, BCH, SOL, LINK, MANA, and FIL!
This indicates that the current bull market is most likely in the early or mid-term stage
Because when the bull market enters the late stage, Grayscale's operations are often to reduce holdings rather than increase holdings
Everyone holds on to the spot in their hands and waits patiently for BTC, BGB, SOL, and BNB to reach ATH again
This indicates that the current bull market is most likely in the early or mid-term stage
Because when the bull market enters the late stage, Grayscale's operations are often to reduce holdings rather than increase holdings
Everyone holds on to the spot in their hands and waits patiently for BTC, BGB, SOL, and BNB to reach ATH again
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DOGE:
Current price is 0.3757, and it has fallen significantly recently
But the volatility is large, so we can wait and see and make a decision after the direction is clear.
Current price is 0.3757, and it has fallen significantly recently
But the volatility is large, so we can wait and see and make a decision after the direction is clear.
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Why did XRP surge above 0.8?
XRP’s incredible surge in price
The price of XRP had its most significant 24-hour rise in years, climbing to its highest level in more than two years. In particular, in just a few hours, XRP price surged by around 22% to $0.8386. The impressive rise sparked widespread concern, reexamined XRP’s potential, and debunked claims that XRP was in decline.
Link to SEC Chairman’s Statement
Ironically, XRP’s current price surge is closely related to Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), as the SEC chairman recently issued a statement suggesting that he seemed to be about to resign from his position, which greatly boosted the optimism of cryptocurrency investors.
The price of XRP had its most significant 24-hour rise in years, climbing to its highest level in more than two years. In particular, in just a few hours, XRP price surged by around 22% to $0.8386. The impressive rise sparked widespread concern, reexamined XRP’s potential, and debunked claims that XRP was in decline.
Link to SEC Chairman’s Statement
Ironically, XRP’s current price surge is closely related to Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), as the SEC chairman recently issued a statement suggesting that he seemed to be about to resign from his position, which greatly boosted the optimism of cryptocurrency investors.
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Peanut Squirrel (PNUT) — Is Now the Opportunity?
Technical indicators show bullish signals
Peanut Squirrel (PNUT) has recently shown positive signals in terms of price action and technical indicators. It has broken out of the symmetrical triangle pattern on the 1-hour chart, a breakout that often signals a continuation of the bullish price trend. Currently, PNUT is in a critical retest phase, with a price of around $2.1389. If this retest is successful, it will confirm the validity of the breakout and pave the way for subsequent price increases. The importance of this retest level is self-evident, and once successfully held, it is very likely to attract more buyers to enter the market, further amplifying the bullish sentiment in the market.
Peanut Squirrel (PNUT) has recently shown positive signals in terms of price action and technical indicators. It has broken out of the symmetrical triangle pattern on the 1-hour chart, a breakout that often signals a continuation of the bullish price trend. Currently, PNUT is in a critical retest phase, with a price of around $2.1389. If this retest is successful, it will confirm the validity of the breakout and pave the way for subsequent price increases. The importance of this retest level is self-evident, and once successfully held, it is very likely to attract more buyers to enter the market, further amplifying the bullish sentiment in the market.
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The United States has begun to settle accounts with the SEC's brutal regulatory practices under Gary Gensler, who is about to step down
The "Trump deal" in the crypto market is becoming a reality
The "Trump deal" in the crypto market is becoming a reality
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In the coming December, there are three time points that are expected to drive BTC prices up:
On December 6, Microstrategy will be included in the S&P 500 index
On December 10, Microsoft will review the BTC investment advisory proposal
On December 15, the new FASB rules came into effect, which allow companies to conduct relevant measurement
On December 6, Microstrategy will be included in the S&P 500 index
On December 10, Microsoft will review the BTC investment advisory proposal
On December 15, the new FASB rules came into effect, which allow companies to conduct relevant measurement
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Four stages of the market - rebirth, excitement, ecstasy and collapse
1. Bear market fatigue, the market rebounds, most people don't notice
2. The market recovers, but people don't believe in the bull market
3. Prices rise, sentiment is high, speculators have not yet poured in
4. The market is frenzy, speculators and large companies rush in, and bubbles begin to form
1. Bear market fatigue, the market rebounds, most people don't notice
2. The market recovers, but people don't believe in the bull market
3. Prices rise, sentiment is high, speculators have not yet poured in
4. The market is frenzy, speculators and large companies rush in, and bubbles begin to form
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Powell: There is no rush to cut interest rates.
At 4 a.m. Beijing time, Powell gave a speech in Dallas saying that the economy did not send a signal that interest rates needed to be cut in a hurry. This was his first guidance on future monetary policy after the inflation data was released.
Although Powell emphasized that employment and inflation risks tend to be balanced, he pointed out when talking about inflation that the 2% target had not been achieved and would work hard to achieve it. Compared with the interest rate meetings in September and November, he adjusted the risk balance from employment to the middle state.
Previously, the market did not regard 2% as a strict inflation target, but Powell's attitude made it a must-achieve task, perhaps due to the pressure of the Fed's five-year review next year. This change is not what the winner of the election wants to see.
At 4 a.m. Beijing time, Powell gave a speech in Dallas saying that the economy did not send a signal that interest rates needed to be cut in a hurry. This was his first guidance on future monetary policy after the inflation data was released.
Although Powell emphasized that employment and inflation risks tend to be balanced, he pointed out when talking about inflation that the 2% target had not been achieved and would work hard to achieve it. Compared with the interest rate meetings in September and November, he adjusted the risk balance from employment to the middle state.
Previously, the market did not regard 2% as a strict inflation target, but Powell's attitude made it a must-achieve task, perhaps due to the pressure of the Fed's five-year review next year. This change is not what the winner of the election wants to see.
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XRP:
Current price is 0.78. The current weekly line has strongly broken through the previous pressure point. A pullback to 0.74 is our chance to get on board. Starting next week, this is probably the bottom.
Current price is 0.78. The current weekly line has strongly broken through the previous pressure point. A pullback to 0.74 is our chance to get on board. Starting next week, this is probably the bottom.
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The mentality of the cryptocurrency circle is paramount: less is more in trading. Only by being patient and operating steadily can you make stable profits in the fluctuations of the market.
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BAN:
The current price is 0.2020, you can enter at the current point. There is good news about the auction on the 20th. It has been showing a strong upward trend before. The pullback is our opportunity!
The current price is 0.2020, you can enter at the current point. There is good news about the auction on the 20th. It has been showing a strong upward trend before. The pullback is our opportunity!
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#BONKBURNmas 🚨 BONK NEWS TODAY: IF YOU HOLD 252,000 BONK, YOU MUST SEE THIS! 🚨
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Big things are happening in the BONK ecosystem, and if you’re holding 252,000 BONK, you definitely want to stay ahead of the game! Here's why:
1️⃣ Upcoming Updates: BONK is gaining momentum with major updates on the horizon! Get ready for exciting developments that could drive the price higher. 📈
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