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“sharks” increased their holdings by approximately 54,000 BTC in a week, bringing total holdings to around 3.575 million
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Bitcoin and Ethereum Plunge as Market Sees Massive December 16 Liquidations
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$NMR faced heavy distribution, driving the price from $11.01 toward the $10.18 support level. This 4.52% dip suggests a clear bearish dominance for now. We need to see conviction above $10.50 to invalidate this retracement. Monitoring for a potential consolidation pattern.
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$SOMI shows strong bullish continuity, securing a 3.53% gain and testing recent highs near $0.3400. High volume accompanied this move, validating the momentum. The key is now confirming support on the next $0.32 retest. This Layer 1/2 token is definitely in play.
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An aggressive liquidation event hit $GUN /USDT, resulting in a steep 25% decline down to $0.01685. The speed of the dump indicates forced selling. While some might see a value proposition here, traders should wait for price action to confirm a bottom structure before considering an entry.
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$SAPIEN has exhibited a constructive bounce, successfully breaking out of the low channel before meeting resistance at $0.1418. The current pullback to $0.1382 should be watched closely. Holding this level is crucial for the continuation of the short-term uptrend
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