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Many people feel that BTC has risen too quickly in recent days, soaring to 80,000, as many expected the 80,000 mark to take a couple of months, but it arrived in just a week.
In the first half of the year, I repeatedly emphasized the characteristics of this bull market: 1 is that it rises without looking back, focusing on being light and easy to pull, making you hesitant to get on board; 2 is that it moves sideways in a cruel manner, neither going up nor down, focusing on torment, making it difficult for you to go long or short.
Currently, from the perspective of the slope of the moving averages, it is indeed very high, and there is a demand for consolidation or pullback for repair. However, having demand does not mean that it must be met. Right now, the big pie has completed a bullish trend resonance from small levels to large levels, and to disrupt this resonance, it has to be destroyed step by step from small levels to large levels, and it is clear that the current bears do not possess such power.
In the first half of the year, I repeatedly emphasized the characteristics of this bull market: 1 is that it rises without looking back, focusing on being light and easy to pull, making you hesitant to get on board; 2 is that it moves sideways in a cruel manner, neither going up nor down, focusing on torment, making it difficult for you to go long or short.
Currently, from the perspective of the slope of the moving averages, it is indeed very high, and there is a demand for consolidation or pullback for repair. However, having demand does not mean that it must be met. Right now, the big pie has completed a bullish trend resonance from small levels to large levels, and to disrupt this resonance, it has to be destroyed step by step from small levels to large levels, and it is clear that the current bears do not possess such power.
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The following spot bottoming points are valid until the end of 2026 (not constituting synchronous long-term short profit-taking advice, as the logic differs):
SUI bottoming: 1.05 (initial position), 0.75, 0.48
doge bottoming: 0.0855 (initial position), 0.0738, 0.0565
BNB bottoming: 738/712 (initial position), 666/642, 518/496, 398
ETH bottoming: 2512 (initial position), 2112, 1666/1388
BTC bottoming: 74666 (initial position), 69050/64250, 52400/48888
SOL bottoming: 126.25/123.85 (initial position), 114.85/104.85, 96.85, 84.25
Note: If the 12.19 interest rate hike in Japan is confirmed, aside from BTC 74666 which can wait to enter, the 'initial positions' of other coins can be ignored or only enter 0.5 of a position. After the interest rate hike in Japan is implemented, there will be three phases of market movement within a week: taking profit on short positions after a large spike, quickly taking profit on long positions after bottoming, and increasing short positions after quickly taking profit at highs. Grabbing these three phases of market movement in the short term will allow for a break afterwards.
SUI bottoming: 1.05 (initial position), 0.75, 0.48
doge bottoming: 0.0855 (initial position), 0.0738, 0.0565
BNB bottoming: 738/712 (initial position), 666/642, 518/496, 398
ETH bottoming: 2512 (initial position), 2112, 1666/1388
BTC bottoming: 74666 (initial position), 69050/64250, 52400/48888
SOL bottoming: 126.25/123.85 (initial position), 114.85/104.85, 96.85, 84.25
Note: If the 12.19 interest rate hike in Japan is confirmed, aside from BTC 74666 which can wait to enter, the 'initial positions' of other coins can be ignored or only enter 0.5 of a position. After the interest rate hike in Japan is implemented, there will be three phases of market movement within a week: taking profit on short positions after a large spike, quickly taking profit on long positions after bottoming, and increasing short positions after quickly taking profit at highs. Grabbing these three phases of market movement in the short term will allow for a break afterwards.
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Yesterday, Bitcoin experienced a significant pullback, dropping below 90,000, indicating that current market demand is relatively weak. The probability of Bitcoin breaking above 96,000 is relatively low.
However, in the past two days, the trading volume of Bitcoin has been small during the decline, suggesting that there is not much selling pressure at the moment. Considering that the Federal Reserve's policy meeting is in four days and that there is a high probability of interest rate cuts, the likelihood of a continued decline in the short term is relatively low, and it may continue to rebound or consolidate for a while.
However, in the past two days, the trading volume of Bitcoin has been small during the decline, suggesting that there is not much selling pressure at the moment. Considering that the Federal Reserve's policy meeting is in four days and that there is a high probability of interest rate cuts, the likelihood of a continued decline in the short term is relatively low, and it may continue to rebound or consolidate for a while.
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12.6 BTC and ETH Market Analysis:
Market Review
Yesterday, BTC remained in consolidation, maintaining a healthy trend. Market sentiment has slightly recovered, and positions built can continue to hold while waiting for a breakout. The fear index has returned to a state of panic, and the daily level is starting to improve. Expectations for interest rate cuts in December have resumed, with hopes for continued cuts. Attention should be paid to the fundamentals; the weekly trend is still relatively healthy, and gradual entry can be considered while waiting for stabilization and a rise.
Altcoins are following the major coins in synchronized consolidation, with the 4-hour trend improving. The daily level has broken the downward trend and is expected to rise further after stabilization.
Altcoins are following mainstream coins in maintaining consolidation, with overall liquidity still relatively poor. Waiting for altcoins to stabilize before considering further actions. Alpha activity point requirements are getting higher, and point accumulation has been paused. Waiting for point requirements to decrease before considering a restart.
Intraday Market Analysis
BTC 1-hour and 4-hour levels have returned to a healthy range, and the daily level has returned to a healthy range. The expectation for the day is horizontal consolidation, waiting for stabilization. Intraday support is at 87500-88000, and resistance is at 90000-91000.
ETH 1-hour and 4-hour levels have returned to a healthy range, and the daily level has returned to a healthy range. The expectation for the day is horizontal consolidation, waiting for stabilization. Intraday support is at 2900-2950, and resistance is at 3100-3150.
Market Review
Yesterday, BTC remained in consolidation, maintaining a healthy trend. Market sentiment has slightly recovered, and positions built can continue to hold while waiting for a breakout. The fear index has returned to a state of panic, and the daily level is starting to improve. Expectations for interest rate cuts in December have resumed, with hopes for continued cuts. Attention should be paid to the fundamentals; the weekly trend is still relatively healthy, and gradual entry can be considered while waiting for stabilization and a rise.
Altcoins are following the major coins in synchronized consolidation, with the 4-hour trend improving. The daily level has broken the downward trend and is expected to rise further after stabilization.
Altcoins are following mainstream coins in maintaining consolidation, with overall liquidity still relatively poor. Waiting for altcoins to stabilize before considering further actions. Alpha activity point requirements are getting higher, and point accumulation has been paused. Waiting for point requirements to decrease before considering a restart.
Intraday Market Analysis
BTC 1-hour and 4-hour levels have returned to a healthy range, and the daily level has returned to a healthy range. The expectation for the day is horizontal consolidation, waiting for stabilization. Intraday support is at 87500-88000, and resistance is at 90000-91000.
ETH 1-hour and 4-hour levels have returned to a healthy range, and the daily level has returned to a healthy range. The expectation for the day is horizontal consolidation, waiting for stabilization. Intraday support is at 2900-2950, and resistance is at 3100-3150.
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I believe that the next bull market must focus on Ethereum.
In the current bear market, ETH could potentially drop to around 1000 dollars, which would be a very ideal bottom area. It has performed mediocrely in this bull market, partly because the last round increased too sharply, overshooting expectations, which has led to a general lack of confidence in the market towards it — but this collective pessimism often precedes the next big surge.
If the bear market can indeed see ETH at 1000 dollars, then the possibility of the next bull market rising to 10,000 dollars is very high, which at least represents a 10-fold increase. Of course, investment should not only consider bull and bear markets but also time. No one stipulates that ETH must rise to 10,000; it hasn't even stabilized at 5200 dollars. There's no need to hold on until the next bull market; the key is to buy at relatively low levels and sell in batches at high levels to achieve easy profits.
From a long-term perspective, the future target for ETH may be between 17,000 and 19,000 dollars, but this is likely not something for this bull market. I prefer to gradually reduce my holdings at high points during this cycle and wait for the price to drop again to position myself for the next cycle.
In the current bear market, ETH could potentially drop to around 1000 dollars, which would be a very ideal bottom area. It has performed mediocrely in this bull market, partly because the last round increased too sharply, overshooting expectations, which has led to a general lack of confidence in the market towards it — but this collective pessimism often precedes the next big surge.
If the bear market can indeed see ETH at 1000 dollars, then the possibility of the next bull market rising to 10,000 dollars is very high, which at least represents a 10-fold increase. Of course, investment should not only consider bull and bear markets but also time. No one stipulates that ETH must rise to 10,000; it hasn't even stabilized at 5200 dollars. There's no need to hold on until the next bull market; the key is to buy at relatively low levels and sell in batches at high levels to achieve easy profits.
From a long-term perspective, the future target for ETH may be between 17,000 and 19,000 dollars, but this is likely not something for this bull market. I prefer to gradually reduce my holdings at high points during this cycle and wait for the price to drop again to position myself for the next cycle.
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The three giants overturn BTC's monopoly? SOL $1200, XRP $15, PEPE returns to highs, has the altcoin bull market begun?
After experiencing a continuous decline, Bitcoin is currently holding above $91,000. Previously, this most popular cryptocurrency fell to its lowest point in seven months at $82,000 on November 21, while just recently on October 6, Bitcoin reached an all-time high of $126,080.
Yesterday, the cryptocurrency market rose overall by 6%, with a total market capitalization reaching approximately $3.24 trillion. Today's upward momentum has cooled, down nearly 2% to $3.18 trillion. Bulls remain optimistic, believing that this pullback is a correction rather than a crash.
Moreover, as cryptocurrencies mature, Bitcoin's dominance is generally declining, indicating that the next strong bull market is likely to be driven by altcoins. In light of this, here are the reasons why XRP, Solana, and Pepe are currently the best cryptocurrency buy choices.
Yesterday, the cryptocurrency market rose overall by 6%, with a total market capitalization reaching approximately $3.24 trillion. Today's upward momentum has cooled, down nearly 2% to $3.18 trillion. Bulls remain optimistic, believing that this pullback is a correction rather than a crash.
Moreover, as cryptocurrencies mature, Bitcoin's dominance is generally declining, indicating that the next strong bull market is likely to be driven by altcoins. In light of this, here are the reasons why XRP, Solana, and Pepe are currently the best cryptocurrency buy choices.
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Dogecoin's shocking reversal! DOGE whales swept up 550 million coins in 48 hours, bottoming at 0.13 dollars, targeting a surge of 400% to 0.75 dollars!
Dogecoin has continued to rebound over the past few days after falling to the mid 0.13 dollar range, and its on-chain activity has also begun to show an interesting upward trend. Santiment's data shows that while the price is still struggling to find upward momentum, some large holders have quietly increased their holdings by hundreds of millions of Dogecoin.
This change in wallet behavior comes at a time when Dogecoin's recent performance has been lackluster, failing to excite bullish traders, which makes this quiet accumulation even more noteworthy.
Accumulation of Dogecoin whales: What the data indicates
Data from Santiment shows that the number of addresses holding between 1 million and 100 million Dogecoins (DOGE) has rapidly increased. Specifically, the data indicates that the total amount of DOGE held by this group has grown from 27.79 billion coins on December 3 to 28.34 billion coins at the time of writing. This means that in just 48 hours, the number of DOGE increased by approximately 550 million coins, which is a significant influx of capital even for a large cryptocurrency like Dogecoin.
This change in wallet behavior comes at a time when Dogecoin's recent performance has been lackluster, failing to excite bullish traders, which makes this quiet accumulation even more noteworthy.
Accumulation of Dogecoin whales: What the data indicates
Data from Santiment shows that the number of addresses holding between 1 million and 100 million Dogecoins (DOGE) has rapidly increased. Specifically, the data indicates that the total amount of DOGE held by this group has grown from 27.79 billion coins on December 3 to 28.34 billion coins at the time of writing. This means that in just 48 hours, the number of DOGE increased by approximately 550 million coins, which is a significant influx of capital even for a large cryptocurrency like Dogecoin.
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December 6 Crypto Market Daily: A Dramatic Bloodbath! BTC falls below 89,000, ETH drops below 3100, mainstream assets collectively plummet, while MemeCore and MNT rise against the trend.
The cryptocurrency market has dropped 3.21% in the past 24 hours, with a cumulative decline of 12.11% over the past 30 days. Today's drop aligns with the overall risk-averse sentiment and adverse factors faced by certain sectors.
Aftermath of FTX Bankruptcy - The latest bankruptcy filing by FTX has triggered a liquidation of $146 million in Bitcoin, spreading panic once again.
Leverage Liquidation - Long positions dominated the 24-hour liquidation, increasing by 62% compared to the previous day, exacerbating downside risks.
Regulatory Anxiety - The cryptocurrency privacy roundtable held by the U.S. Securities and Exchange Commission on December 15 has heightened policy uncertainty.
Aftermath of FTX Bankruptcy - The latest bankruptcy filing by FTX has triggered a liquidation of $146 million in Bitcoin, spreading panic once again.
Leverage Liquidation - Long positions dominated the 24-hour liquidation, increasing by 62% compared to the previous day, exacerbating downside risks.
Regulatory Anxiety - The cryptocurrency privacy roundtable held by the U.S. Securities and Exchange Commission on December 15 has heightened policy uncertainty.
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If you are just an ordinary retail player, playing dog meme relies 90% on luck!
Don't think that playing with dogs is simple; it's nonsense to expect long-term gains of dozens or hundreds of times. Moreover, don't pay attention to posts about how much profit some KOL has made; behind the scenes, they may have incurred hundreds or thousands of losses.
Compared to other sectors like altcoins and value coins, emotional memecoins exhibit characteristics of quick, short-term trading. The conspiracy system of dog traders will be magnified, and unfair trading will become increasingly apparent.
Always remember, the market that allows you to make money doesn't depend on your skills; it's just that you are lucky to encounter a larger dog trader who looks down on your small stakes!
Don't think that playing with dogs is simple; it's nonsense to expect long-term gains of dozens or hundreds of times. Moreover, don't pay attention to posts about how much profit some KOL has made; behind the scenes, they may have incurred hundreds or thousands of losses.
Compared to other sectors like altcoins and value coins, emotional memecoins exhibit characteristics of quick, short-term trading. The conspiracy system of dog traders will be magnified, and unfair trading will become increasingly apparent.
Always remember, the market that allows you to make money doesn't depend on your skills; it's just that you are lucky to encounter a larger dog trader who looks down on your small stakes!
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Heavenly Showdown! Is XRP's drop to $1 a foregone conclusion? Will Bitcoin (BTC) break the $100,000 barrier again? Will Shiba Inu bottom out and rebound?
As the market enters the weekend trading period, most investors expect to face losses. However, the situation is not as bad as it seems.
The chart clearly shows that XRP is on the brink of a collapse. As the upward momentum continues to deteriorate, each attempt to recover lost ground is met with fierce selling, and XRP is currently touching the lower boundary of the downtrend channel for the third time. This is XRP's last chance to prevent its price from plummeting to the $1 region.
The 50-day, 100-day, and 200-day moving averages are all sloping downwards, forming a dense resistance level above $2.40 to $2.60. The price has repeatedly failed to break through this set of moving averages. This structure is a typical characteristic that hinders price rebounds.
The chart clearly shows that XRP is on the brink of a collapse. As the upward momentum continues to deteriorate, each attempt to recover lost ground is met with fierce selling, and XRP is currently touching the lower boundary of the downtrend channel for the third time. This is XRP's last chance to prevent its price from plummeting to the $1 region.
The 50-day, 100-day, and 200-day moving averages are all sloping downwards, forming a dense resistance level above $2.40 to $2.60. The price has repeatedly failed to break through this set of moving averages. This structure is a typical characteristic that hinders price rebounds.
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Looking back at the two interest rate hikes in Japan from last year to this year, such a super volatile market must be planned in advance and seized. A quick rise followed by a slow decline and then a slow rise creates several tens of thousands of points of space.
On July 28 last year, Japan raised interest rates, and ETH dropped from $3227 to $2112, while BTC fell by $17000. After a quick rebound, it entered a period of over 80 days of fluctuating decline and consolidation, bottoming out at $48888 on August 5. After nearly three months of fluctuating upward movement, it broke through the $100,000 mark on December 5.
On January 28 this year, Japan raised interest rates again, and ETH fell from $3160 to $2080, while BTC dropped by $15000. After a quick rebound, it entered a two-month period of fluctuating decline and consolidation, bottoming out at $74457 on April 7. After six months of fluctuating upward movement, it reached a peak of $126208 on October 6.
On July 28 last year, Japan raised interest rates, and ETH dropped from $3227 to $2112, while BTC fell by $17000. After a quick rebound, it entered a period of over 80 days of fluctuating decline and consolidation, bottoming out at $48888 on August 5. After nearly three months of fluctuating upward movement, it broke through the $100,000 mark on December 5.
On January 28 this year, Japan raised interest rates again, and ETH fell from $3160 to $2080, while BTC dropped by $15000. After a quick rebound, it entered a two-month period of fluctuating decline and consolidation, bottoming out at $74457 on April 7. After six months of fluctuating upward movement, it reached a peak of $126208 on October 6.
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Organized the core benefits of Solana for December
1. Revolut natively integrates Solana
65 million users can directly use SOL/USDC/USDT for payments, transfers, withdrawals, and one-click staking, truly bringing Solana into everyday finance.
http://2. The institutional tide officially begins
Vanguard (11 trillion AUM) lifts restrictions on SOL ETF, allowing 50 million clients to trade
VanEck SOL ETF is custodied by Gemini, compliant + 1:1 endorsement
The SOL ETF has seen net inflows for 19 consecutive days, with a single-day high of 13.55 million USD in December (the only positive inflow in the entire market)
SkyBridge founder: In the next 5 years, only 3-4 public chains will remain, and Solana will definitely be among them.
3. Major technical upgrades
v1.18 has been launched, significantly alleviating congestion
Alpenglow consensus is in testing, with a finality target of 150-400ms (approaching centralized exchange levels)
Monthly active developers exceed 30,000, with 1,276 full-time employees, firmly in second place among public chains.
4. Cross-chain and RWA skyrocketing
Base×Solana bridge (Chainlink CCIP) is now live on the mainnet
RWA, prediction markets, and DeFi projects are taking off collectively (Solend, Jupiter, Orca, DFlow, etc.)
5. Anatoly's latest statement (December 5)
"The total market cap of crypto will continue to rise, but it will be redistributed based on revenue; only the winners will survive." — A stark declaration of “winner takes all.”
Price analysis indicates we are near the W bottom neckline (≈170 USD), HODLer selling has nearly exhausted, and NUPL has entered the surrender zone (historical bottom signal). Continuous inflow into ETFs provides a solid bottom, a breakthrough is imminent; if blocked, support levels are 128-137 USD. The mainstream view remains bullish.
1. Revolut natively integrates Solana
65 million users can directly use SOL/USDC/USDT for payments, transfers, withdrawals, and one-click staking, truly bringing Solana into everyday finance.
http://2. The institutional tide officially begins
Vanguard (11 trillion AUM) lifts restrictions on SOL ETF, allowing 50 million clients to trade
VanEck SOL ETF is custodied by Gemini, compliant + 1:1 endorsement
The SOL ETF has seen net inflows for 19 consecutive days, with a single-day high of 13.55 million USD in December (the only positive inflow in the entire market)
SkyBridge founder: In the next 5 years, only 3-4 public chains will remain, and Solana will definitely be among them.
3. Major technical upgrades
v1.18 has been launched, significantly alleviating congestion
Alpenglow consensus is in testing, with a finality target of 150-400ms (approaching centralized exchange levels)
Monthly active developers exceed 30,000, with 1,276 full-time employees, firmly in second place among public chains.
4. Cross-chain and RWA skyrocketing
Base×Solana bridge (Chainlink CCIP) is now live on the mainnet
RWA, prediction markets, and DeFi projects are taking off collectively (Solend, Jupiter, Orca, DFlow, etc.)
5. Anatoly's latest statement (December 5)
"The total market cap of crypto will continue to rise, but it will be redistributed based on revenue; only the winners will survive." — A stark declaration of “winner takes all.”
Price analysis indicates we are near the W bottom neckline (≈170 USD), HODLer selling has nearly exhausted, and NUPL has entered the surrender zone (historical bottom signal). Continuous inflow into ETFs provides a solid bottom, a breakthrough is imminent; if blocked, support levels are 128-137 USD. The mainstream view remains bullish.
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ZEC has rebounded to the resistance level near 420, it can short again, and a short position has been set between 400-430, with a stop loss at 440.
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This month has two major events: US interest rate cuts vs Japanese interest rate hikes
The US stock market has been impacted by expectations of a Japanese interest rate hike, with the S&P 500 index falling by 0.5% on December 2, and the Dow Jones index declining by 0.9%. BTC also retraced by more than 6%.
Subsequently, BTC rebounded again and fluctuated around 94000.
The expectations for interest rate cuts have already been priced in, and now we are maintaining fluctuations to digest the impact of the Japanese interest rate hike.
Once a rate hike is confirmed, there may be a chance of a short-term low.
Historically, in August 2024, a Japanese interest rate hike triggered the unwinding of yen carry trades, leading to a huge shock in the US stock market due to capital withdrawal.
This time, the expectations for Japanese interest rate hikes and US interest rate cuts overlap, leading to a rapid narrowing of the interest rate differential between Japan and the US. The arbitrage logic of "borrowing yen to invest in US stocks" becomes ineffective, and investors close their positions and withdraw funds, which will further exacerbate the volatility of high-valuation sectors such as US tech stocks.
Looking back, under Japan's long-term ultra-loose policy, a large amount of yen carry trade funds flowed into the cryptocurrency market.
In August 2024, the Japanese interest rate hike triggered BTC fluctuations due to the unwinding of carry trades. Under the current expectations of a Japanese interest rate hike, the appreciation of the yen increases arbitrage costs and reduces returns, accelerating the withdrawal of capital from risk assets such as BTC, coupled with tightening global liquidity, necessitating vigilance against related risks!
The US stock market has been impacted by expectations of a Japanese interest rate hike, with the S&P 500 index falling by 0.5% on December 2, and the Dow Jones index declining by 0.9%. BTC also retraced by more than 6%.
Subsequently, BTC rebounded again and fluctuated around 94000.
The expectations for interest rate cuts have already been priced in, and now we are maintaining fluctuations to digest the impact of the Japanese interest rate hike.
Once a rate hike is confirmed, there may be a chance of a short-term low.
Historically, in August 2024, a Japanese interest rate hike triggered the unwinding of yen carry trades, leading to a huge shock in the US stock market due to capital withdrawal.
This time, the expectations for Japanese interest rate hikes and US interest rate cuts overlap, leading to a rapid narrowing of the interest rate differential between Japan and the US. The arbitrage logic of "borrowing yen to invest in US stocks" becomes ineffective, and investors close their positions and withdraw funds, which will further exacerbate the volatility of high-valuation sectors such as US tech stocks.
Looking back, under Japan's long-term ultra-loose policy, a large amount of yen carry trade funds flowed into the cryptocurrency market.
In August 2024, the Japanese interest rate hike triggered BTC fluctuations due to the unwinding of carry trades. Under the current expectations of a Japanese interest rate hike, the appreciation of the yen increases arbitrage costs and reduces returns, accelerating the withdrawal of capital from risk assets such as BTC, coupled with tightening global liquidity, necessitating vigilance against related risks!
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Current three major catalysts: QT policy termination releases liquidity, Vanguard opens ETF trading for 50 million+ clients, ETH Fusaka upgrade successfully completed.
$BTC 94000-97000 pressure zone is not so easy to break through, it needs some time, let's see how the US dollar depreciation looks, will institutions let go of the opportunity to buy at low positions?
$ETH strongly challenges 3200, fails, it needs to be polished, Bitcoin hasn't broken through, making Ethereum lead the charge is indeed difficult for it.
$BNB He Yi takes the position of co-CEO, I don't understand what this means, I always thought she was already one step below, unexpectedly she can still be promoted, perhaps the nominal value is a bit more?
$SOL ETF shows signs of net outflow, waiting for a breakthrough, can only say it's not the right time.
$BTC 94000-97000 pressure zone is not so easy to break through, it needs some time, let's see how the US dollar depreciation looks, will institutions let go of the opportunity to buy at low positions?
$ETH strongly challenges 3200, fails, it needs to be polished, Bitcoin hasn't broken through, making Ethereum lead the charge is indeed difficult for it.
$BNB He Yi takes the position of co-CEO, I don't understand what this means, I always thought she was already one step below, unexpectedly she can still be promoted, perhaps the nominal value is a bit more?
$SOL ETF shows signs of net outflow, waiting for a breakthrough, can only say it's not the right time.
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12.5 Bitcoin and Ethereum Market Analysis: BTC, ETH Highlights for Today
Market Review
Yesterday, BTC maintained consolidation, with a positive trend likely due to the Federal Reserve announcing the end of QT, restoring market sentiment. The 4-hour trend has improved, and positions can continue to be held while waiting for a breakout. The fear index has returned to panic levels, and the daily chart has started to improve. Expectations for interest rate cuts in December have resumed, with the possibility of continued reductions. Attention should be paid to the fundamentals, and the weekly trend remains relatively healthy, suggesting a phased entry while waiting for stabilization and upward movement.
Altcoins are consolidating in sync with Bitcoin, with the 4-hour trend improving. The daily chart has broken the downward trend, and after stabilizing, it is expected to rise further.
Altcoins are following mainstream coins and remain in consolidation, with overall liquidity still relatively poor. Waiting for altcoins to stabilize before considering moves. Alpha activity points requirements are getting higher, and point accumulation has been suspended, awaiting a reduction in point requirements before considering a restart.
Intraday Market Analysis
BTC 1-hour and 4-hour levels have returned to a healthy range, and the daily level has also returned to a healthy range. The intraday expectation is for sideways consolidation, waiting for stabilization. The intraday support is at 91000-92000, and resistance is at 94000-95000.
ETH 1-hour and 4-hour levels are above the healthy range, the daily level has returned to a healthy range, and the intraday expectation is for sideways consolidation, waiting for stabilization. The intraday support is at 3050-3150, and resistance is at 3250-3350.
Market Review
Yesterday, BTC maintained consolidation, with a positive trend likely due to the Federal Reserve announcing the end of QT, restoring market sentiment. The 4-hour trend has improved, and positions can continue to be held while waiting for a breakout. The fear index has returned to panic levels, and the daily chart has started to improve. Expectations for interest rate cuts in December have resumed, with the possibility of continued reductions. Attention should be paid to the fundamentals, and the weekly trend remains relatively healthy, suggesting a phased entry while waiting for stabilization and upward movement.
Altcoins are consolidating in sync with Bitcoin, with the 4-hour trend improving. The daily chart has broken the downward trend, and after stabilizing, it is expected to rise further.
Altcoins are following mainstream coins and remain in consolidation, with overall liquidity still relatively poor. Waiting for altcoins to stabilize before considering moves. Alpha activity points requirements are getting higher, and point accumulation has been suspended, awaiting a reduction in point requirements before considering a restart.
Intraday Market Analysis
BTC 1-hour and 4-hour levels have returned to a healthy range, and the daily level has also returned to a healthy range. The intraday expectation is for sideways consolidation, waiting for stabilization. The intraday support is at 91000-92000, and resistance is at 94000-95000.
ETH 1-hour and 4-hour levels are above the healthy range, the daily level has returned to a healthy range, and the intraday expectation is for sideways consolidation, waiting for stabilization. The intraday support is at 3050-3150, and resistance is at 3250-3350.
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December 5 Crypto Market Daily: A Scary Moment! BTC down 1.25%, ETH down 1.21%, CRV, ZEC up over 10%, Dark Horse Strikes? When will the altcoin season start?
In the past 24 hours, the cryptocurrency market has fallen by 1.22%, which corresponds to profit-taking, leveraged liquidations, and a decrease in institutional ETF inflows.
Liquidation cascade - $267 million in liquidations ($180 million in long positions) triggered forced selling.
ETF outflows - The US Solana ETF saw a record outflow of $32 million in a single day.
Fear sentiment - The CMC Fear and Greed Index fell to 25 (extreme fear).
Today's decline reflects the combined effects of various factors such as leveraged long squeezes, institutional caution, and technical resistance. Although the fear index indicates panic in the market, Bitcoin's strong performance (+58.68%) suggests that funds are flowing into relatively safe haven assets. The key question is: after the Federal Reserve's liquidity adjustment, can ETF inflows rebound? Or will altcoins face further rotation?
Liquidation cascade - $267 million in liquidations ($180 million in long positions) triggered forced selling.
ETF outflows - The US Solana ETF saw a record outflow of $32 million in a single day.
Fear sentiment - The CMC Fear and Greed Index fell to 25 (extreme fear).
Today's decline reflects the combined effects of various factors such as leveraged long squeezes, institutional caution, and technical resistance. Although the fear index indicates panic in the market, Bitcoin's strong performance (+58.68%) suggests that funds are flowing into relatively safe haven assets. The key question is: after the Federal Reserve's liquidity adjustment, can ETF inflows rebound? Or will altcoins face further rotation?
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Incredible Counterattack! BTC Violently Rebounds to End the Downtrend, XRP ETF Support + PEPE 83% Oversold, ZEC 1400% Price Increase Continues? Is the Bull Market Really Here?
Yesterday, Bitcoin began a new round of strong upward momentum, driving the prices of various high-performing altcoins higher. Many hope this will end Bitcoin's previous prolonged downturn. On October 6, Bitcoin reached an all-time high of $126,080 before starting to decline. In the following weeks, Bitcoin's price dropped to a seven-month low of $82,000 on November 21.
Yesterday, the cryptocurrency market as a whole rose by 6%, with a total market capitalization reaching about $3.24 trillion. Today's momentum has slowed, with an intraday increase of only 0.7% to $3.27 trillion, but cryptocurrency bulls hope this is just a pullback point, rather than a real retreat.
Yesterday, the cryptocurrency market as a whole rose by 6%, with a total market capitalization reaching about $3.24 trillion. Today's momentum has slowed, with an intraday increase of only 0.7% to $3.27 trillion, but cryptocurrency bulls hope this is just a pullback point, rather than a real retreat.
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Dogecoin builds a bullish structure, DOGE is consolidating for a breakout, with a symmetrical triangle targeting $0.42. Will ETF funds trigger a $1 rally?
The price trend of Dogecoin (DOGE) has entered a critical phase, and traders are closely monitoring this period, which usually signifies that a decisive movement is imminent. After several days of trading activity, changes in ETF fund flows, and a rare convergence of technical indicators, the market sentiment and structure of the memecoin seem to be aligning.
The discussion about Dogecoin is gradually shifting from short-term speculation to whether it will see a larger breakthrough by the end of the year. Recently, market activity has continued to rise, with Dogecoin's price increasing by 8%, breaking through to around $0.15. Meanwhile, trading volume surged by 242%, indicating active participation from retail investors.
The discussion about Dogecoin is gradually shifting from short-term speculation to whether it will see a larger breakthrough by the end of the year. Recently, market activity has continued to rise, with Dogecoin's price increasing by 8%, breaking through to around $0.15. Meanwhile, trading volume surged by 242%, indicating active participation from retail investors.
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