$ETH has currently rebounded to 3600 here, which is also the low point of several previous challenges. After breaking below on the 19th, this is the first rebound in this range. Currently, the daily MACD is still below the zero line and has not entered a bullish trend. In the short term, 3600 here will face resistance and will not break through directly.
The 12-hour MACD is also adjusting above the zero line, and it doesn't have the strength to go up directly. Therefore, those who haven't gotten in yet or want to enter for short-term trading can place orders in the range of 3530-3500-3470.
Unlike other parts of the market, the OG meme cryptocurrency Dogecoin (DOGE) shows a downward trend at the beginning of 2025. The asset has been declining for the past week, with only slight increases. Nevertheless, the community remains hopeful that the meme coin can reach the coveted $1 mark. Currently, this cryptocurrency is 194% below that milestone. Will this asset soar to $1 in the coming months? Understanding the current price level of Dogecoin The current trading price of Dogecoin is $0.3398, down 1.14% in the past 24 hours. However, this meme coin has risen up to 270% over the year. The price of Dogecoin has soared from a low of $0.07497 to a high of $0.4835.
FTX starts repayments, a large amount of liquidity is about to enter the market!
FTX has started repayments! FTX's collapse has become one of the most serious failures in cryptocurrency history due to the exchange's inability to maintain sufficient reserves to cover user funds. Therefore, the exchange is required to provide a 'Proof-of-Reserves' (PoR) to allow stakeholders to verify the actual user funds held by the exchange. FTX is estimated to have up to 14.5 billion to 16.3 billion USD in cash for repayments. The initial repayment allocation is limited to creditors in the 'convenience category' in the restructuring plan. The convenience category refers to creditors with claims of 50,000 USD or less, and these investors account for over 90% of all creditors in the FTX bankruptcy case, who are expected to recover 118% of their claim value in USD. The allocation date for claims in other categories will be announced later.
Investment is like fishing, patiently waiting for the 'catch'!
Investment resembles fishing; finding the right spot is key, and patience is the line that runs through the entire process. Only by waiting quietly can one have a willing catch and reap the rewards.
Those who are restless are like hooks without bait, hard to achieve results. Seeking quick wealth is like trying to scoop the moon from the water, an illusion. Wealth is like aged wine, requiring time to settle; trying to force growth will only backfire.
Life is long, and opportunities for change are few; one or two can be enough to turn the tide. Do not be driven by the desire for quick success, but watch how the wise stroll leisurely, waiting for the right time, appreciating the gifts of time. Many beings are busy and often blinded by haste, missing the abundant fruits that are within reach.
In the sea of investment, harbor the heart of a fisherman, waiting for the tides to rise and fall, for the big fish to enter the net, thus attaining the true essence of wealth.
After breaking the second resistance level during the DOGE night, it started to pull back. Pay attention to the 0.3829 level today. As long as it does not fall below this level, the 1-2-4 hour timeframes are still bullish, and the upward targets/resistance levels to watch are around 0.3947-0.4019-0.4099!
If it falls below the 0.3829 level today, the 1-hour timeframe will start to pull back, and the support levels to watch are around 0.3723-0.3583-0.3425!
1️⃣ I don't want my operational decisions to influence a target. If I heavily buy into a project because I’m optimistic about it, it might affect the plans of the whale, the ceiling of the target, and in the future, if I take profits, it will negatively impact the interests of regular holders.
2️⃣ Diversify risk. If my positions are too concentrated, there will be corresponding risks. For instance, the token I hold, tetsuo, hasn't performed well and has only increased by 50 points. But that's okay; there are still swarms, ava, kra, which have increased tenfold.
3️⃣ Too little is meaningless; hold as much as you can work with. If the position is too small, the rise or fall of a target has little effect on the position; if held too much, and unable to contribute accordingly, that negatively impacts the entire target. For example, in a certain target, some people build up a large position at a low price but do nothing, essentially wasting a good target.
AI has been very fomo recently, and everyone is a little anxious, even those who have achieved great results.
I think there is no need to be so anxious. Stop profit when it is time to stop profit, stop loss when it is time to stop loss, calm down, and do the following things:
🌟Think with all your strength
That is why I raised a question today: What are the targets of uni and aave in the AI era?
🌟Research with all your strength
Spend all your time on research and work, but don’t bet frequently and anxiously, why?
🌟Calm down, don’t rush
Because, if AI is really a new DeFi summer, or even a bigger narrative and track.
Everything has just begun, and we have countless opportunities to get huge returns on investment. Looking back at DeFi, I only entered the circle to play DeFi after September 20, and the benefits were also great.
These are some immature suggestions I can give you.
XPay is here! Code leaked: "X Money" is about to be launched, Dogecoin surges in the short term
Since Elon Musk began to lead Twitter, he has been committed to launching payment functions and has continued to obtain money transmitter licenses in many states in the United States. So far, it has been approved in 39 states. These registrations are all related to a company called "X Payments LLC". X code sparks discussion on upcoming X Money And today, the X code leaked by MacRumors special researcher Aaron Perris triggered rumors that "X Money" (the name of the X payment system) may be launched at any time. According to a screenshot of the code shared by Aaron Perris, it says:
The alt season is bound to come, unless Ethereum never rises. Ethereum itself represents alts. The price and funds of Bitcoin will inevitably flow into other currencies when they reach new heights. Otherwise, how can we create a higher FOMO sentiment to harvest global retail investors?
The 25-year alt expectation depends not only on the ETF of the alt, but also on the intensity of interest rate cuts. At present, Bitcoin and alts are two classes. Bitcoin will definitely reach a new high, but alts still depend on the overflow of funds. The next interest rate cut will occur in March if there is no problem. If the data in one of the months from January to March is particularly good, the Americans will also consider cutting more, and the money of institutions will insist on not leaving the market, but if it is delayed, the money in the market will run away.
DOGE pays attention to the position of 0.3388 today. As long as it does not fall below this position, all levels are on the long side. If it continues to rise, pay attention to the upper target/pressure level near 0.3445-0.3518-0.3593!
If it falls below 0.3388 today, the 1-2 hour level will start to pull back, and the lower support level will pay attention to the positions near 0.334-0.329-0.3241!
The season of altcoins is bound to come, unless Ethereum never rises. Ethereum itself represents altcoins, and when the price of Bitcoin and funds reach new heights, they will inevitably flow into other cryptocurrencies. Otherwise, how can we create a higher FOMO sentiment to harvest global retail investors?
The 25-year expectation for altcoins relies not only on altcoin ETFs but also on the strength of interest rate cuts. Currently, Bitcoin and altcoins are two classes. Bitcoin will definitely reach new highs, but altcoins still depend on the excess funds. If there are no issues, the next interest rate cut will likely occur in March. If any month between January and March has particularly good data, the Americans will also consider more cuts. Institutional money will remain steadfast, but if postponed, market funds will flee.
$TIA has been fluctuating at the bottom for a long time. I opened a small long order. Pay attention to $5.2 and $5.6 when it rebounds. If it can strongly recover these two positions, then TIA will have a good rebound trend on the daily line.
DOGE pay attention to the position of 0.3299 today. As long as it stays above this position, the 1-2-4 hour levels are still bullish. The upper targets/resistance levels to watch are around 0.3347-0.3386-0.3421!
If it drops below 0.3299 today, the 1-hour level will start to correct, and the support levels to watch below are around 0.3244-0.3203-0.3158!
If you have been trading cryptocurrencies for over a year and haven't made a million, after reading these 10 tips, if you still can't make money, come find me.
1. If your capital is not very large, for example, under 200,000, catching a major uptrend once a year is enough; never be fully invested all the time.
2. A person can never earn wealth beyond their understanding. First, practice your real mentality and courage with a simulation account. You can fail an unlimited number of times in a simulation, but in real trading, one failure could mean losing everything, or even distancing yourself from the market forever.
3. When encountering significant positive news, if you don’t sell on the same day, remember to sell on the next day when it opens high; realizing profits often means negative news.
4. When facing major holidays, reduce your position or even go to cash a week in advance; historically, prices tend to drop during holidays.
5. The strategy for medium to long-term trading is to keep enough cash on hand, sell when prices rise, buy back when prices drop, and rotate operations accordingly.
6. Short-term trading mainly depends on trading volume and chart patterns; actively trade in patterns that show large fluctuations, and avoid those that are inactive.
7. A slow decline will have a slow rebound; a rapid decline will have a quick rebound.
8. If you make a wrong purchase, acknowledge it, cut your losses in time, and preserving your principal is the fundamental principle of surviving in the market.
9. For short-term trades, always look at the 15-minute candlestick chart. You can find better buy and sell points using the KDJ indicator.
10. There are countless techniques and methods for trading cryptocurrencies; mastering a few well is enough, don't be greedy!
The big coin's lowest point yesterday hit around 92900 and has started to slowly rebound. As of now, it has reached a maximum of around 95400. The upper pressure is at 96300; only by breaking through here will it rise more. Support is at 93000, with strong support at 91500. In the short term, the trend of the big coin should slowly climb to around 96000, but it won't shoot up immediately.
Finally, we have arrived at the last day of 2024. For on-chain liquidity providers, it truly feels like walking on thin ice, with trepidation and caution. Generally, at this time, we dare not summarize, fearing that one misstep could... lead to a complete 'end'...
Looking back at 2024, a one-sentence summary: New DeFi protocols, new L2 layers, our active presence can be seen in almost all of them. DeFi miners and various protocols, along with L2, have mutually achieved success; everyone has performed well in 2024.
From now on, may everything remain the same, may life be robust, and may we welcome the new year with joy. Wishing everyone prosperity in 2025!
2024 is about to pass, and 2025 is already on the way! BTC
2024 is about to pass, and 2025 is on the way! This bull market cycle has been going on since 2024, and the cycle so far is: BTC ETF launched on January 10 → Until Bitcoin hits a new all-time high, boosting the alt season, and entering the volatile second/third quarter of 2024, Bitcoin continues to break through $50,000 and $60,000, and is currently hovering around $90,000. Foreign institutions have been collecting BTC and ETH chips: Let's take a look at the data of Bitcoin and Ethereum ETFs! The total assets of BTC spot ETF are 106.68B!!! Accounting for 5.70% of Bitcoin market value
Justin Sun's Ethereum exchange deposits continue, is the ETH price about to drop to 2,800 dollars?
Tron founder Justin Sun continues to make deposits through the Ethereum exchange, having earlier transferred another 29,153 ETH to the cryptocurrency exchange HTX. This is one of several deposits made by Justin Sun this year, raising concerns over ETH. The price of ETH continues to face selling pressure, dropping another 2% to nearly 3,300 dollars, while analysts expect it to reach 2,800 dollars. Justin Sun deposited Ethereum worth 96.7 million dollars into HTX. According to Spot On Chain data, Tron founder Justin Sun has deposited a large amount of funds into the cryptocurrency exchange HTX in the past 11 hours, transferring 29,153 ETH valued at 96.7 million dollars. On-chain data shows that since November 10, the Tron founder has deposited a total of 227,000 ETH into HTX, worth approximately 807 million dollars, with an average price of 3,556 dollars per ETH. Justin Sun acquired most of these assets at a cost basis of about 3,036 dollars per ETH in early 2024.