In the past two days, the price of Bitcoin has fallen, but most altcoins have stopped falling and there was a general rise today.
Bitcoin is being visibly drained of blood - the alt-season index is at a critical point. Everyone’s favorite season may be coming, and as long as you still have chips, your blessings are coming!
However, the market is at a critical juncture at the end of the year. On the one hand, the largest Bitcoin option contract in history is about to expire, which may cause violent fluctuations; on the other hand, the overall economic environment, especially the policy direction of the Federal Reserve, has brought additional pressure to the market.
According to Deribit data, the largest $BTC options contract in history will expire and be delivered this Friday
The contract that expires this time is worth $14 billion, and the ratio of put options to call options is 0.69, that is, there are 7 put options for every 10 call options.
The biggest pain point is $84,000, which shows that the market is still mostly bearish.
The more commonly used indicators: Before the delivery date of a large option, the market price tends to approach the maximum pain point.
The volatility index (DVOL) has fluctuated sharply recently, indicating that there are still large differences in the market.
Therefore, from Christmas until around January 5, liquidity will not be strong and the market may still be dominated by volatile downward movements.
Try not to do anything rash before and after the delivery. If you have money, spend it during the holidays. If you don’t have money, just sit there and play!
According to MarketWatch data, the "Christmas rally" usually occurs in the last five trading days of each year and the first two trading days after the New Year.
Today’s market highlights:
1. The new Desci’s bio on bn, bio is a decentralized scientific DAO organization, mainly in the field of biomedicine.
2. Defi’s usual, aave, cvx, crv, fxs, morpho, etc. have surged. Mainly based on the US compliance narrative, aave is a Trump concept, and fxs and crv are in cooperation with BlackRock. BN invested in usual.
3. $lpt $zen double soaring growth list, Grayscale series exploded
Three of the coins recommended yesterday are on the list of gainers.
BioDAO concept tokens surged due to Binance’s launch of BIO Protocol
After Binance announced that bio would be the 63rd launchpool project, the DeSci track was completely established. Combined with CZ and Vitalik’s previous discussion on desci at DEVCON in Bangkok, and Binance Academy’s explicit mention of desci in the article, I think Binance’s move is to make desci bigger by supporting bio. Those who are interested in this sector can focus on the following projects
$RIF market value 55 million. GJtJuWD9qYcCkrwMBmtY1tpapV1sKfB2zUv9Q4aqpump
$URO Market value 50 million FvgqHMfL9yn39V79huDPy3YUNDoYJpuLWng2JfmQpump
$DRUGS Market value: $35 million CX9YDTED9TWgVXVoFy8JL9gSSAEWcTv4mzjLSv17LQsj
$SCIHUB Market value 23 million GxdTh6udNstGmLLk9ztBb6bkrms7oLbrJp5yzUaVpump
Binance InvestmentUsually
A few days ago, there were many people from Fud $USUAL
There are all kinds of things: the gameplay is old-fashioned, the collateral is not transparent, and the team has problems
It should be clear now: Binance will support USUAL to become the next Luna
Background of French Parliament members
Stablecoin track + RWA track + Binance EUR support + Everyone’s Fud
Currently supports U.S. Treasury bonds and other eligible RWAs to be exchanged for an equivalent amount of USD0 at a 1:1 ratio
Big ambition to control half of the future, monopolistic growth
The higher the tvl, the higher the dividend. The $usual staking pool will be opened later.
Very suitable for large capital arbitrage and interest income. Suitable for bargain hunting.
Binance finally acquired all of Desci, RWA, and Meme, becoming the undisputed big brother.
I think you can question the ability and level of supporting projects, but never question the attention, funding, resources, etc. that a big brother brings to the project.
No project is 100% perfect, only flaws can outweigh its merits
ZEN and LPT exploded, Grayscale series exploded across the board
$LPT trend is rising, pay close attention to it, the trading structure has seen a take-off cycle
Grayscale’s Son Series Grayscale has been the focus of hot funds recently. Every time LPT is launched, the market is pulled up very fiercely. It is a brother of ZEN.
First look at 23, break through 23 and then look at 30
Leading the direct troops, so in the afternoon I short-term long BAT, privacy direct troops, the smallest market value of the currency in Grayscale's holdings. The market value is only 300 million. The structural platform mistakenly killed the variety. The short-term start trend is at the highest point of 0.37. The market mistakenly killed the entry price to around 0.24. Now it has stopped profit at 0.28.
Unfortunately missed a wave? Don’t worry, I also observed the second BAT structure coin, SNX.
Grayscale holds 4% of SNX
The structure of wrongly killed varieties. The previous wave of rising volume and price was very large! The capital turnover rising structure, the current position is the second BAT structure. The first pressure is 2.5 and the second pressure is 3
Finally, I will give you another password. These are all short-term operations. Please pay attention to stop loss and take profit.
