SUPER CYCLE STARTS SOON BIGGEST. ALTSEASON. EVER. $LUNC | Bit_Rase on Binance Square

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SUPER CYCLE STARTS SOON
BIGGEST. ALTSEASON. EVER. 
$LUNC  🚀🚀
LUNC
0.0000382
-7.75%

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Fed's Waller goes dovish; if he becomes chairman, the crypto market will take off. Popular Fed chair candidate Waller recently spoke in a dovish manner, suggesting that interest rates should be 50 to 100 basis points lower than they are now. He is also quite determined

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BNB breaks below 855, now 840 is the last line of defense Yesterday, BNB fell by almost 3%, touching around 844. The support range of 855 to 857 has been lost and turned into resistance. CZ has been quite active lately, sharing a photo with a Morgan Stanley executive and even setting a bounty of up to 5 million dollars for counterfeiting. However, these positive factors have not yet reflected in the price. Liquidity is poor at the end of the year, and whenever the market adjusts, BNB is easily amplified. If BTC continues to drop to 85,000, the probability of breaking 840 is very high

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BTC 85,000 is a big pit, and the pressure for long position liquidation is huge... Bitcoin is currently playing a game of heartbeat. After breaking through 90,000, it quickly fell back to around 86,000. This wave of market movement directly wiped out 148 million USD in positions, with short positions accounting for 109 million. The most terrifying thing is the 85,000 position, where the Coinglass liquidation chart is densely packed. If it really drops to that point, the liquidation intensity for long positions will reach 1.052 billion. On the contrary, if it can hold steady at 88,000, the pressure from short positions upwards is only 371 million.

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HYPE is going to destroy 1 billion dollars worth of coins, is this vote worth following? Hyper Foundation has made a big move, proposing to directly destroy 37 million HYPE from the aid fund, accounting for 13% of the circulating supply, valued at approximately 1 billion dollars. The validator voting is in progress, results will be out before December 24. Currently, the price is hovering around 27.4, having dropped more than 30% in the past month, but the level of destruction is indeed fierce.

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