Analysis: ETH/BTC Price Trend Repeats the Pattern of the 2021 Bull Market
According to Odaily Planet Daily, the price trend of ETH/BTC has repeated the pattern of the 2021 bull market. Trader Mags stated that ETH/BTC has reached the low point before the 2021 bull market outbreak, at the same support level. Digital asset lawyer Joe Carlasare pointed out that ETH/BTC has broken through a downward trend that lasted nearly half a year. Trader Michaël van de Poppe mentioned that if ETH can hold the resistance area as support, the price might rise to $3700. In addition, he believes that if $91,500 can serve as a support level, the BTC price might test $100,000 next week.
Bitcoin's performance in 2025 is highly similar to that of 2022, with a correlation of 98%
According to Cointelegraph, Bitcoin (BTC) in 2025 shows a high similarity to the bear market bottom trends of 2022, with a correlation close to 100%. Network economist Timothy Peterson notes that BTC's performance this year is remarkably similar to that of 2022, with a daily correlation of 80% and a monthly correlation reaching 98%.
November is one of the worst months for BTC price performance, Peterson states, with this month’s performance being in the bottom 10% since 2015. Historical data shows that 'red' performance in November typically leads to similar declines in December.
Nevertheless, macro sentiment changes may bring about the classic 'Christmas rally' before the end of the year. Data shows that since November 2024, equity funds have attracted $900 billion in new capital, while other asset classes have only attracted $100 billion. Bitcoin ETFs saw inflows of $220 billion by the end of Thanksgiving week, and Ether ETFs saw inflows of $31.2 billion, indicating that institutional sell-offs may have ended.
This guy always goes long every time, always blows up the account, and there's no other way, he can only go short now.
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James Wynn predicts again that Bitcoin may drop to $67,000 this week
According to BlockBeats, on November 25, James Wynn released a bearish prediction on X platform, stating that Bitcoin might drop to $67,000 this week.
It is worth noting that on November 10, James Wynn expressed his firm belief that Bitcoin would fall back to the range of $67,000 to $92,000, when the Bitcoin price was $105,600.
When he shorts, we go long; when he goes long, we short.
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Crypto trader James Wynn states he will short Bitcoin at the right time
According to Foresight News, crypto trader James Wynn tweeted that he loves Bitcoin but will take action when he sees opportunities to short and make money, such as predicting Bitcoin will peak at $120,000. He emphasized that he is both a holder and believer in cryptocurrency and a trader, stating that expressing opinions publicly is a sign of honesty.
Bitcoin whale wallet count surges as price drops to $89,900
According to Cointelegraph, Bitcoin price declined this week, falling to $89,550 on Tuesday. Glassnode data shows that since the end of October, the number of whale wallets has surged, with wallets holding more than 1,000 BTC increasing from 1,354 on October 27 to 1,384 on Monday.
At the same time, the number of small wallets holding 1 BTC or less decreased from 980,577 on October 27 to 977,420 on November 17, setting a new annual low. This indicates that small investors are prone to panic selling during market crashes, while whales take the opportunity to accumulate.
Bitcoin price fell below $90,000, and the Crypto Fear & Greed Index dropped to the 'Extreme Fear' zone with a score of 11. Executives from companies like Bitwise and BitMine expect the selling pressure on BTC to ease and predict a bottoming out this week.
Only 45.9% of investors expect a rate cut at the December FOMC meeting
According to Cointelegraph, the market sentiment is low and the decline in the cryptocurrency market has led to only 45.9% of investors expecting a rate cut at the December Federal Open Market Committee (FOMC) meeting. Data from the Chicago Mercantile Exchange Group shows that on November 7, the probability of a 25 basis point cut in December was close to 67%.
In September, several banks predicted that there would be at least two rate cuts in 2025, with market analysts from Goldman Sachs and Citigroup expecting three cuts of 25 basis points each in 2025. Interest rate decisions affect cryptocurrency prices, as lower rates mean more liquidity enters the asset market, pushing prices up, while higher rates restrict liquidity and prices.
Bitcoin has fallen below 100,000, and the selling pressure is increasing. This is a signal for retail investors to flee. Is a bear market coming? Should we short it? 😧 $SOL $DOGE $BTC {future}(BTCUSDT) {future}(DOGEUSDT) {future}(SOLUSDT)
Dogecoin is going to zero, going to zero, going to zero. The cryptocurrency circle is the biggest scam, the cryptocurrency circle is a money-making scheme, the cryptocurrency circle is a devil, the cryptocurrency circle is hell, give me back my principal, I want my principal $DOGE
Analyst: XRP price could reach $5 by the end of 2025 due to rising ETF optimism
According to Cointelegraph, analyst Milkybull pointed out that the cup and handle pattern of XRP could drive the price to reach $5 by the end of the year. Technical analysis shows that the cup and handle pattern typically forms at market bottoms, representing accumulation periods and short-term pullbacks.The price target for XRP is $5, which is expected to rise about 103% from current levels. This forecast is driven by optimistic sentiment towards XRP ETFs, especially after the U.S. Senate reached an agreement to end the longest government shutdown in history.The DTCC website lists 11 XRP ETF products, with major issuers including 21Shares, ProShares, and Franklin Templeton. Analysts believe that the end of the shutdown could open the floodgates for ETFs, driving XRP spot products into the U.S. market.
U.S. Government Seizes 215 BTC from Dark Web Marketplace Operator's Wallet
According to a report by Deep Tide TechFlow, on October 22, cryptocurrency analyst Emmett Gallic disclosed that the U.S. government announced the seizure of 215 BTC worth approximately $23 million from the wallet of dark web marketplace operator Zhengcheng Huang.
According to the seizure documents, officials claimed to have only seized 199.47 BTC, but the relevant address actually held 215 BTC. Emmett Gallic pointed out that the U.S. government rarely reports accurate amounts in its seizure documents.
FireX Launches Bitcoin Computing Power Asset Package, Achieving RWA-ization of Bitcoin Mining Machines
According to ChainCatcher, the RWA trading platform FireX will RWA-ize Bitcoin mining machines, launching its first product—a Bitcoin computing power asset package. Through RWA technology, FireX aims to transform the high-threshold, high-investment Bitcoin mining industry into a compliant, transparent, low-threshold on-chain investment product, providing global investors with an efficient new channel for digital asset allocation.