20241228 Cryptocurrency News Interpretation Report

Overall Overview
Recently, the cryptocurrency market has experienced significant volatility, exhibiting a clear tug-of-war between bulls and bears. From the news updates, it can be seen that market sentiment has undergone multiple reversals in a short period, with investors maintaining a high level of attention on market trends.
Market Dynamics
1. Bitcoin and Ethereum Trends
- Bitcoin's price has undergone substantial fluctuations, repeatedly breaking through the $95,000, $96,000, and $97,000 marks, but subsequently dropping back below $95,000.
- Ethereum's price has also shown similar volatility, surpassing the $3,400 threshold.
- The trading activities of certain whales have significantly impacted market prices; for instance, one whale accumulated 1.42 trillion PEPE tokens over the past six days, while another whale spent $1 million to purchase 23.18 million SPORE tokens.
2. Market Sentiment
- Liquidation events have been relatively frequent in the market, especially within the past 24 hours, where the total liquidation amount reached $251 million, primarily driven by long position liquidations.
- The inflow of stablecoins into centralized exchanges (CEX) is gradually increasing, which could be a bullish signal indicating that investors are reinvesting funds into the market.
3. New Projects and Innovations
- New projects such as the “Earn While You Drink” game Cattea launched by the Catizen ecosystem have begun closed beta testing, indicating market anticipation for new gameplay and applications.
- The AI proxy coin SPORE on the Solana chain has surpassed a market capitalization of $50 million, demonstrating market interest in AI concept coins.
4. Institutional Dynamics
- BlackRock's Ethereum ETF has thus far purchased $3.5 billion worth of ETH, showing that large institutions continue to pay attention to the cryptocurrency market.
- Binance Alpha has announced the 8th batch of project tokens, which may further attract market interest in emerging projects.
5. Macroeconomic Factors
- Economists predict that the unemployment rate in the U.S. could reach 4.4% or higher by the end of 2025, with interest rate cuts potentially exceeding market expectations. This prediction may influence investors' views on the future economic landscape, thereby affecting their investment decisions in the cryptocurrency market.
#BTC走势分析

#BTC走势分析 directly inserted the needle down, the Air Force directly got the meat.

Yesterday and today have been talking about being empty, it must remain empty, those who catch up today must eat meat #BTC

Morning Thoughts on 12/26: #BTC走势分析
Last night, BTC pulled back to around 99580 after a rise, and both long and short positions were successful last night.
Currently, looking at the 4-hour structure, BTC is running at the upper Bollinger Band, KDJ is moving upwards, and MACD is also moving upwards, with a decrease in long positions.
Crazy Star Suggests:
BTC Rebound: Short around 99500-100000, looking towards 98700-98000
ETH Rebound: Short around 3500-3525, looking towards 3470-3445.

This week, the price of Bitcoin has fallen below $100,000, and I believe this decline is a healthy and effective correction, which is a common phenomenon in a bull market. In past cycles, the crypto market often experiences significant corrections, which help to digest the risks of excessive speculation and lay the foundation for future increases.

The structural trend of Bitcoin's price movement remains intact, with no substantial changes, still above the trend line, so I maintain my previous viewpoint!

Short-term holder realized price (STH-RP) — the actual cost basis for short-term holders has risen to about $85,357, providing some support for the market. Short-term holders typically take profits when prices rise, which may lead to selling pressure; however, as more institutional investors enter the market, market behavior may change.

Long-term holders of Bitcoin usually expect to achieve at least ten times the return before selling large amounts of Bitcoin into the market. In contrast, short-term holders lack this patience, typically choosing to take profits after realizing a 20% to 40% gain.

Since reaching a peak a few weeks ago, the U.S. stock market has seen the S&P 500 index pull back over 4%, viewed as a small sell-off. This correction can be seen as a "healthy correction," as the index successfully tested the 50-day moving average, and although it briefly fell below, it is currently in a rebound state. Meanwhile, the width of the 50-day moving average has dropped to oversold levels, indicating a normal adjustment in the market.

#BTC走势

Bitcoin barely made an effort to reach 100k last night, indicating that the pressure at this level is basically gone, and the market consensus on Bitcoin has already reached six figures.
The recent pullback had little reason, it was just a leverage adjustment; the main players didn't want to keep letting so many gamblers continue to profit, so they sacrificed high leverage first. Of course, part of this was also due to arbitrage and turnover. In any case, this wave of decline has significantly increased the holding costs in the market, which is very beneficial for the subsequent push to 120k and 150k. After all, Trump has stated he wants to drive Bitcoin to 150k before taking office, and with just over a month until the inauguration on January 20th, time is short. Last night, the Bitcoin ETF only saw $220 million in inflows, indicating that reaching 100k is as easy as eating noodles now, requiring very little external funds from the main players; a gentle pull is enough to get it in.
I have a feeling Bitcoin will break 120k by the end of the year, and hit 150k in January. The window for us to get on board is getting shorter and shorter! The two-day bear market has ended; prepare for a crazy altcoin bull market!
#BTC

First, as an old player, it's important to cut losses in time and not get carried away. Secondly, this thing requires some market observation and should not be approached blindly. Additionally, you can open a perpetual contract for yourself.

How to catch the hottest coins during the altcoin season?

Focus on the strongest coins in the first round of the rally, and pay attention to the most resilient coins during the second wave of corrections!
Then, wait for Bitcoin and Ethereum to adjust properly, and gradually buy altcoin spot in batches!
Wait for the third wave of the most climactic upward trend!

Don't overly seek to catch the leader in the initial first round; that requires enough strength + luck.
Most of us can truly catch the trend after it starts rising, waiting for the subsequent correction to seize the third wave~
Be patient. Once Bitcoin and Ethereum have completed their adjustments, these quality altcoins with strong backers will show their true power!

The market has cycles, and fluctuations have phases. It is unrealistic to expect to understand and catch the trend every single moment!
All you need to do is pay attention to the operational state of the trend, seize the opportunities you understand at the most certain moments, and be prepared for the worst, that's all.

Therefore, we first recommend ETH ecosystem defi/staking/infrastructure and other tracks.
Secondly, gamefi/meme/public chains/old mainstream coins.
Now is the time to patiently observe the market and wait for opportunities to arise! #BTC重返10万

Altcoins may not have fully adjusted yet, as the decline of BTC and ETH is not too significant. As the two further explore the bottom, altcoins may still face a waterfall.

Bankless Co-founder: ETH will reach $4000 within 24 hours #ETH

Looking forward to what you say

Time Traveler from 2025

Suggestions regarding several leading sectors and quality altcoin spot:
eth mid-term target 4880, expected to be reached in December-January.
xrp mid-term target 3.6-4.2, expected to be reached in December-January.
gala mid-term target 0.085, expected to be reached in December-January, nearly doubling. I added to my position yesterday.
doge mid-term target 0.68-0.74, expected to be reached in December-January.
mana mid-term target 1.12-1.15, expected to be reached in December-January. (Similarly, sand, which is also a leading metaverse coin, is about the same).
fet mid-term target 2.7-3.5, expected to be reached in December-January.
dot mid-term target 12-15, expected to be reached in December-January.
near mid-term target 9.45-11.8, expected to be reached in December-February.
axs mid-term target 13.5-19, expected to be reached in December-February.
fil mid-term target 11.8-16, expected to be reached in December-February.
ps: btc market mid-term target 110850-123600, expected to be reached sequentially in December-February. #BTC #ETH

Interesting observations from the Ethereum community.
2100: Damn, the foundation is still shipping
2500: The failures of Ether are all that group of eunuchs
2800: ZK and L2 are the VC's pubic hair
3000: Solana makes a strong comeback, while ETH still...
3300: The living V God is the biggest bearish signal
3500: Bottom rebound, advantage lies with SOL
3600: Ethereum 3.0 is here!
3700: ETH is a civilization-level innovation!
3800: The golden age of SOL is over, ETH holds up the pillars
4000: Bitcoin is digital gold, Ethereum is digital silver
4500: Ethereum is a human-level hall of fame!
4800: ZK and L2 are the wisdom of humanity
5000: New highs are not a dream, Brother V takes me to the universe!
5500: In the future, 1 ETH = 1 villa
6000: Without ETH, you are not part of the crypto world
8000: Master V is always right
10000: Without ETH, there is no future#ETH

pnut waiting for 20cm big positive line #PNUT再次走高

No need to carry orders, just comfortable

With airdrop liquidation, the long positions rise to catch up
In the previous seven days, I earned about 1300U from hedging fees,
And 1000U from U's financial interest, totaling 2300U#BTC #ETH