Trong 24 giờ qua, thị trường crypto đã “dọn dẹp” mạnh tay: 👉 101.879 trader bị thanh lý 👉 Tổng thiệt hại: $258 triệu USD
🏆 Top sàn thanh lý nhiều nhất:
🥇 Binance: $71.0M
🥈 Bybit: $55.74M
🥉 Hyperliquid: $51.68M
OKX: $33.06M
Gate: $26.36M
🐳 Cú thanh lý to nhất:
$ETH -USD trên Hyperliquid: $6.91 triệu USD → Một cây nến, một đời đòn bẩy bay màu.
📌 Thông điệp quen mà vẫn đau:
Thị trường giảm không đáng sợ
Đòn bẩy cao + biến động = auto học phí
⚠️ Nội dung chỉ mang tính tổng hợp thị trường, không khuyến nghị FOMO hay gồng lệnh. Đòn bẩy là con dao hai lưỡi – dùng không khéo là cắt luôn… tài khoản 😅
🧠 CZ, Saylor & Bull community: Confidence during a red-hot market
CZ continues to share a long-term bullish perspective, emphasizing that: 👉 Those who bought crypto at low prices and HOLD through multiple cycles have experienced the very difficult times like the present.
📣 CZ stands with the “long-term bulls” alongside major names:
Michael Saylor
Tom Lee
Arthur Hayes
Cathie Wood
Bitwise
🐂 Common argument:
The crypto market has changed its structure
Traditional capital (ETF, institutions, large funds) is participating more deeply
It may no longer operate according to the classic 4-year cycle as before
📉 Short-term reality:
Despite the very strong bullish narrative
$BTC and $ETH are still adjusting downwards
🧩 The hidden message behind CZ's tweet:
Winners are not those who buy at the bottom
But those who can endure moments when the market makes you doubt yourself
⚠️ This post shares a market perspective, not investment advice. Whether Bull or Bear, the account is still yours, CZ won't cover losses 😅.
🔥 $HYPE PROPOSAL PERMANENT BURN ASSISTANCE FUND – TOKENOMICS INTENSE!
Hyper Foundation has just made a very important proposal: 👉 Officially recognize all HYPE in the Assistance Fund as BURNED.
🔍 Quick understanding:
Transaction fee → automatically converted to HYPE
Sent to the system wallet 0xfef…fefe
This wallet does not have a private key (like a burn wallet) → Tokens that go in stay there, unless there is a hard fork (which the proposal commits is NOT).
🗳️ What is this vote for?
To create social consensus that the amount of HYPE is permanently burned
Commitment to never upgrade the protocol to retrieve this amount of tokens
No need for on-chain action because the tokens are already… non-withdrawable
📉 Tokenomics impact:
Decrease Total Supply & Circulating Supply
Increase scarcity for $HYPE
Supply decreases → demand just needs to budge for the price to react strongly 📈
⚡ The market reacts immediately:
$HYPE +7% just within 1 candle after the news
🧠 Note for staking members:
Check if the validator is voting Yes or No
If you want to decrease supply → redelegate to a validator voting Yes before 24/12
⚠️ This article is for updating governance information only, not a call to buy or sell. Voting is free, while PnL is… at your own risk, my friends 😆.
🐻 $ADA STILL UNDER PRESSURE – HOLD $0.37 OR SLIP FURTHER?
Cardano (ADA) continues to be pressured by bears since the flash crash on 10/10. Although the support range of $0.3707–$0.3775 still holds, the recovery momentum is currently quite… weak 😶🌫️.
📉 Derivative data does not support:
Open Interest (OI): ~ $692M, down sharply from $842M
Peak of $1.52B (10/10) and $1.95B (mid-9) → Speculative capital is withdrawing, retail demand is weakening
📊 Technicals are leaning towards bears:
EMA 50 / 100 / 200 are all sloping down → clear downtrend
RSI is approaching the oversold zone → strong downward momentum
MACD maintains sell signal
🎯 Scenarios:
Break below $0.3707–$0.3775: risk of returning to $0.2756 (bottom 10/10)
Break downward trendline + reclaim EMA 50 ($0.4108): opens recovery up to $0.42 – $0.45
⚠️ This article is for reference only, not a trading signal. ADA could bounce back like a spring, or it could… roll further down the slope 😅. Risk management remains number 1!
📉 BITCOIN ACTIVITY HITS 12-MONTH LOW – IS THE NETWORK "ON YEAR-END BREAK"?
At year-end, Bitcoin on-chain activity has significantly slowed down:
Active addresses (7-day MA): ~660,000
Lowest since 12/2024, after the Ordinals & Runes craze cooled down
⛏️ Miners are starting to feel the chill:
Daily revenue decreased from ~$50M → ~$40M
Most of it comes from block subsidies, not transaction fees → Demand for blockspace is quite weak
📦 Runes: many transactions, little money:
Make up a large proportion of transactions
But only contribute 5–10% of total fees
Reason: very low fees, cheap blockspace so they are still included in blocks
⚠️ The issue at hand:
Many transactions ≠ high economic value
As block subsidy gradually decreases after each halving, → transaction fees will be the long-term lifeline for miners
If users are not willing to pay high fees, the economic model will come under pressure
💭 Quick conclusion: Bitcoin is still performing well, but the demand for "high-quality" blockspace is lacking. Is the quiet season at year-end a signal to watch closely for the next cycle? 👀
⚠️ This article is an on-chain analysis, not FUD nor a buy/sell signal. Bitcoin is on holiday but not necessarily… taking a break 😅.
Although $BTC has slightly bounced back, ZCash ($ZEC ) has not yet reclaimed what it has lost. The altcoin market sentiment remains weak, especially for the privacy coin group as XMR & DASH are underperforming.
📊 Overview:
ZEC could aim for $605 if it breaks the downtrend channel.
As long as the demand zone of $382–$395 is maintained, the recovery scenario is still possible.
However, the upward momentum is slowing down.
📈 Notable Technicals:
Daily timeframe: breaking the local peak of $409, the structure has improved.
The $410 zone is acting as a support area.
RSI & OBV on the daily timeframe show positive signs.
1H timeframe: selling pressure still dominates → not safe yet.
⚠️ The $400 zone is being continuously tested.
Tested 3 times in a week.
The more tests, the weaker the support → the risk of breaking is real.
🎯 Strategy for traders:
Not in a hurry to buy.
Wait for ZEC to break & retest $425 for a nice entry.
Stay neutral until BTC and market sentiment improve.
⚠️ This article is for reference only, not a trading signal. ZEC could bounce back strongly, or it could… test deeper 😅. Capital management remains paramount!
Price $BNB currently fluctuates around $855, after a slight adjustment. It looks “stable”, but on-chain & derivatives are leaning towards the bears.
📉 Signals Causing Pressure:
Retail investors are heavily participating in futures (Order Size increases)
Taker CVD is heavily leaning towards selling
Funding rate has turned negative (-0.006%) → short side dominates 👉 History shows that negative funding often accompanies a quite sharp adjustment.
📊 Technical Perspective:
BNB was rejected at the downward trendline since mid-October
Price has dropped ~5% and is testing support at $844
RSI ~39, below the neutral threshold of 50 → weak momentum
MACD is nearing a bearish crossover → risk continues to rise
🎯 Scenario:
Closing below $844: risk of extending the drop to ~$709 (weekly support)
Successful recovery: near-term target at 50-day EMA ~ $923
⚠️ This article is for reference only, not a long/short signal. BNB could rebound strongly, or it could... continue to slide 😅. Trade with discipline and manage risk!
🐂 $ADA GOING THROUGH BUT THE PSYCHOLOGY IS GETTING WARM?
The price of Cardano (ADA) is currently fluctuating around $0.40, after the failed breakout from the descending wedge model last week. The price looks a bit sleepy 😴, but on-chain & derivatives are starting to speak up.
📊 Positive signals are appearing:
Whales are starting to accumulate spot & futures (according to CryptoQuant)
Long/Short ratio = 1.19 (highest in over a month) → the long side is dominant
Funding rate turned positive (0.0020) → bulls are willing to pay fees to hold positions 👉 History shows that every time the funding rate turns positive, ADA often experiences a significant upward movement.
📈 Technical perspective:
$ADA was rejected at the upper edge of the descending wedge, then dropped ~16%
Currently, the price is holding around $0.40
RSI ~40 and starting to rise, selling pressure is gradually weakening
🎯 Scenario:
Successful wedge breakout: target near $0.51 (Fib 38.2%)
Fail further: may retest the $0.37 area
⚠️ This article is for reference only, not a buy/sell signal. ADA can soar, or it can... continue walking 😅. Remember to manage your capital carefully!
🐳 STRATEGY AGAIN BUYS BTC – 2ND WEEK IN A ROW WITHOUT A BREAK!
The Bitcoin Strategy treasury company has just purchased an additional 10,645 BTC during the period 8–14/12, with a total value of approximately $980.3M, average price $92,098/BTC (according to the 8-K filing sent to the SEC).
📊 Current treasury total:
671,268 $BTC is being held by Strategy
Average purchase price: $74,972/BTC
Total cost: ~$50.3B
Current value: ~$60B → Unrealized profit ~ $9.7B 😎
💡 Notable points:
Strategy holds >3% of the total maximum supply of 21 million BTC
Whenever BTC adjusts... Saylor goes shopping 🛒
⚠️ This article is for news update purposes only. Michael Saylor buying does not mean you have to buy along 😅. Investing carries risks, each wallet is to be kept by its owner!
Looking outside, $BTC is moving sideways, quite peacefully 😴
But the on-chain data whispers: “Be careful!”
🖤 IFP (Inter-Exchange Flow Pulse) turns red → The flow of capital between exchanges slows down → Internal liquidity weakens, order book thins → When the price moves, even small orders can cause strong fluctuations
⚠️ Points of interest:
BTC on exchanges is at historically low levels
Low selling supply helps maintain price, but makes the market fragile
Red IFP phases often come with volatility or unexpected corrections, not a smooth trend
🎯 The current risk is not panic selling, but rather the market being too thin. 👉 High leverage at this moment = the easiest to get wrecked.
⚠️ This article serves as an on-chain warning, not a long/short signal. The market may shake before… shaking again 😅. Risk management remains the real love.
On-chain data shows whales are gradually increasing their Ethereum holdings:
One large wallet exchanged 502.8 BTC → 14,500 ETH
Then continued to exchange 1,969 BTC → 58,149 ETH → Clearly pivoting to ETH, not just trading for fun 😏
📊 Cash flow confirms the trend:
Whales are accumulating $ETH on Coinbase & OKX
~17 million USD net spot purchases in just 3 weeks
Derivatives are also very tight: >3.3 billion USD of ETH futures contracts traded
📈 Performance speaks for itself:
ETH has increased >16% from the November low, currently around $3,075
BTC during the same period has only increased ~9%
Bitcoin Dominance is still struggling below the 60% mark
🏦 ETH supply on exchanges has decreased significantly:
248,700 ETH ($766M) withdrawn from exchanges in just 5 days → Long-term accumulation signs + tightening circulating supply
💭 Big question: Will the next season see ETH flip BTC's ROI? This season learned the lesson of buying BTC, next season who knows the dealer might change the game, pushing ETH =))
⚠️ This article is meant for casual on-chain discussion, not investment advice. It's the market, today the whale buys – tomorrow the whale sells, you take responsibility 😆.
📉 ALTCOIN IS TRADING LIKE STOCKS… BUT FAR BEHIND STOCKS
From early 2024 to 2025, the market shows a rather harsh truth: 👉 Altcoin increasingly resembles stocks… but the performance is far behind.
📈 US Stocks
S&P 500: +~47% in 2 years
Nasdaq-100: +~49% in 2 years → Steady increase, light drawdown, Sharpe ratio beautiful as in textbooks.
📉 Altcoin
CoinDesk 80: –46% just in Q1/2025, mid-year still –38%
Small-cap crypto: falling to the lowest point since 2020, evaporating over $1 trillion in market cap
High volatility, negative yield, negative Sharpe ratio overall.
📊 The irony is:
Small altcoins correlate to ~0.9 with BTC/ETH
But P&L goes completely against it → No risk diversification, just adding… pain to the wallet.
💡 Brief conclusion:
Broad altcoin = short-term trading tool, not a long-term asset allocation
Cash flow is concentrating into $BTC , $ETH and a few “institution-grade” names like $SOL , XRP
The recent “alt season” was tactical, not a structural trend.
⚠️ This article does not recommend buying stocks, nor suggests selling altcoins. Read to understand the market, going all-in is due to… personal emotions 😅.
🇸🇻 El Salvador & Bitcoin – Quick summary, concise, easy to copy
• El Salvador currently holds 7,500 $BTC , worth about 677 million USD. • In the last 30 days, purchased an additional 1,120 $BTC – one of the strongest accumulation phases ever. • On November 18, purchased separately 1,090 $BTC , showing readiness to 'go big' when the market has the opportunity. • In the last 7 days, purchased an additional 8 BTC, maintaining a consistent DCA strategy alongside tactical buys.
🧠 Quick perspective: El Salvador continues to stick to a long-term holding strategy, becoming a rare national case study accumulating Bitcoin amidst increasing institutional and ETF capital flows.
⚠️ This article is for reference only, not a recommendation to buy according to other countries. El Salvador can purchase because they are... a country, while we should remember to manage our wallets carefully 😄
• Many experts believe that $BTC is at risk of a strong correction if the BoJ (Bank of Japan) raises interest rates on 12/19. • Statistics from AndrewBTC show: every time the BoJ raises interest rates from 2024 to now, Bitcoin has decreased by more than 20%. • Rising interest rates → Yen strengthens → Carry trade is closed → Global liquidity shrinks → Risk assets (including BTC) face selling pressure.
📊 Technical overview: • $BTC is forming a bear flag pattern on the daily timeframe. • If it breaks down below the accumulation channel, the target drop could reach the range of 70,000 – 72,500 USD. • Many macro analysts & on-chain analysts like James Check and Sellén also agree with the correction scenario.
🧠 Quick conclusion: BoJ + Interest Rates + Liquidity = big variable. BTC is currently not weak, but short-term risks are higher than advantages.
⚠️ This article is for reference only and is not investment advice. If $BTC does not drop to 70k but rises to 120k then… the market is right, I am wrong 😄
Cardano launched Midnight – a blockchain supporting private transactions – just when $ADA crashed significantly, so it is suspected to be a "PR stunt".
Midnight has 2 tokens: $NIGHT (public, 24B fixed supply) $DUST (from NIGHT, used for private transactions then burned)
NIGHT just listed and has fallen more than 50%.
Cardano hopes Midnight will create a new trend following the wave of privacy coins, but the actual effectiveness remains to be seen.
In summary: Midnight has a good idea, but it may not immediately help ADA recover. Time is needed to see if there are real applications.
🤡 "The information is just that, not a call to buy NIGHT and then lie awake... sleepless." 😆
🟣 BitMine “immediately buys 33.504 ETH” in 6 hours
Lookonchain reports that BitMine Immersion Technologies just purchased 33.504 $ETH (~112M USD) from FalconX in just 6 hours – continuing a series of massive acquisitions totaling over 400M USD recently. The company, chaired by Tom Lee, is currently the largest holder of ETH in the world, with over 3.86 million $ETH .
The strong buying move at the right moment $ETH rebounding from the bottom further reinforces Tom Lee's view that Ethereum has bottomed out and is entering an ideal accumulation phase. On-chain data also shows reduced selling pressure, making it easier for institutions to “scoop up” assets.
⚠️ Not investment advice. If you buy like Tom Lee and your wallet gets thinner... I can only offer moral support 😆