Federal Reserve Interest Rate Decision and Cryptocurrency Market Volatility #TopContentChallenge# FED Interest Rate Decision: On December 18, 2024, the U.S. Federal Reserve (Fed) lowered the policy interest rate by 25 basis points to 4.25%-4.50%. This decision aligns with market expectations and supports efforts to reduce the inflation rate to 2.3%. However, the Fed has shown a more cautious stance regarding 2025, indicating plans to slow down the pace of rate cuts (AP News). Please enter the text to be translated. Cryptocurrency Market Dynamics: Bitcoin (BTC) fell after breaking the new high of $108,000 on December 17, and dropped to $105,554 with a decline of 2.44% on the same day (Cointelegraph). Ethereum (ETH) broke below the support level of $3,900, signaling a pullback towards $3,700 (The Crypto Basic). Market Outlook: The Fed's cautious monetary policy and the volatility of cryptocurrencies indicate that now is a period for investors to pay attention. It is crucial to closely monitor economic data and market trends during this period of volatility. Result: Although the Federal Reserve's rate cuts aim to support growth, the lack of a clear direction for 2025 may create uncertainty in the market. The volatility of cryptocurrencies requires investors to adopt more cautious strategies. Please provide the Turkish text to be translated. References: • AP News. (2024). The Federal Reserve plans to lower key interest rates, but consumers may not feel significant benefits immediately. • Cointelegraph. (2024). Price Analysis 12/18: BTC, ETH, XRP. • The Crypto Basic. (2024). Ethereum faces risks of $3,378 as the bear market threatens the $3,800 support.
BTC —— BTC price increased by 0.08% in the last 24 hours, currently priced at $106,131.4, with a highest price of $108,341.7 and a lowest price of $99,696.3 in the last 24 hours. After setting a new historical high during the overnight U.S. market session, it quickly retraced, showing correlation with the decline in U.S. stocks. Aside from the recent high points, there is no significant resistance above. Currently in a phase of fluctuation and retracement, short-term focus remains on the support level at Monday's low of $103,353.4 and the important support level at the fluctuating low of $100,610 from last weekend. If it does not break below these levels, it is likely to maintain a bullish trend. However, if it breaks below these two support levels, a significant retracement may occur. #BTC☀ $BTC
#meme section hot topics The interest rate cut is imminent, will DOGE, Pepe, and WIF lead the rebound? Recently, the meme has been very quiet, as everyone's attention has been focused on Bitcoin. Is it time for the meme to rebound? On the daily chart, DOGE is in an upward channel. It has just touched the bottom of the channel and is currently at a good support level. If it does rebound from here, the top of the channel will be around 0.50. Breaking through the top of the channel and confirming above it could lead to fluctuations around 0.60, depending on where the breakout occurs. On the other hand, if it breaks below the bottom of the channel and makes lower lows, the upward trend will be negated and will return to square one. That said, the likelihood of trend continuation seems greater. For the past nine days, PEPE has been in a local downtrend, almost falling back to retest the top of the bullish flag. It has also retested the 0.618 Fibonacci level and may fall back to retest the bullish flag trend line and the 0.786 Fibonacci level. Since the main trend is still very upward, it is expected that the price will not fall back into the bullish flag shape, although if it breaks down, a price drop below 0.00001730 will create lower lows. That said, this level is a good support. WIF does seem ready to rebound. It has fallen all the way to the deepest Fibonacci level of this trend, which is 0.786, and this is also a very strong support level. If the price does break through, the upward trend line and the descending trend line of historical highs will become good support. In summary, the three mentioned memes seem to be ready for a rebound. As always, it largely depends on Bitcoin. From the current situation, Bitcoin is either going to rise or remain relatively stable for a while, with only a small probability of a significant pullback. If anyone feels confused due to market fluctuations and doesn't know how to deal with being stuck, or feels misled during the operation process, feel free to communicate! #狗狗币作为马斯克的特斯拉官网唯一指定的付款方式之一 $DOGE
Bullish Liquidation Alert A massive FIL long liquidation just occurred, totaling $222,340, with a price of $7.851! Filecoin (FIL) seemed to have a promising rebound, but it turned into a nightmare for many unsuspecting long traders. What happened? $FIL coin steadily climbed, and traders began to establish long positions, expecting further increases. But in a sudden market reversal, FIL's price plummeted to $7.851, triggering $222,340 in long position liquidations. This was a heavy blow for those traders who believed the bullish trend would continue! Liquidation Storm As the price of $FIL significantly dropped, those holding leveraged long positions found themselves trapped, forced to close trades as the market retreated. The chain reaction of rapid liquidations led to further price declines, leaving traders scrambling and exacerbating the volatility of the situation. Importance: This massive liquidation highlights the speed of market changes, especially when leverage is involved. What seemed like a sure win for the bulls quickly turned into a brutal liquidation event, reminding traders of the inherent risks in the turbulent world of cryptocurrency. What’s next for FIL? With $222,340 in long positions wiped out, will Filecoin find support and start climbing again, or is this the beginning of a deeper correction? Watch the charts—this volatile market can change direction in an instant!$FIL #每日瓜分1BNB
In a bull market, there's no need to be anxious; holding onto your coins steadily is true wisdom. When trading cryptocurrencies, the biggest fear is summed up in two words—FOMO (Fear of Missing Out). Especially in a bull market, when you see a certain coin multiply several times, you start to wonder: should I chase it? Did I sell too early? But at such times, it's even more important to stay calm. Experienced traders know that in a bull market, patience is what earns money; the bear market is when you should be strategizing. 1. Don't let the anxiety of 'selling too early' control you Watching a coin that has surged several times can be frustrating, but you need to understand that the market always rotates. A coin that has increased 5x or 10x may still have a large number of chips in the hands of the market makers. They may not continue to drive the price up, and even if you chase it, you could easily get trapped. The money made in a bull market should be secured, not risked further. 2. Diversify your investments, don’t be greedy with heavy positions Those who heavily invest in a single coin hoping to get rich overnight are mostly just being played by market makers. The ones who can steadily make profits are those who diversify their holdings, giving themselves more opportunities. Take my friend's approach: during a bear market, they stockpile established coins at low prices, and during the bull market, they wait for them to rise in turn. Once they reach a certain level, they sell, and the USDT they made from selling is never looked back upon. 3. In a bull market, sell but don’t buy; hoarding coins is for the bear market In a bull market, buying in won't earn you much, but selling can help you secure profits. So, don’t chase after prices for the USDT you’ve sold. When the bear market comes, slowly buy back in 2026, and after this cycle, outperforming 99% of people won't be a dream. 4. Execution is the key This strategy seems simple, but most people can't do it. It requires strong execution, especially when faced with market fluctuations. You need to stick to your plan and not be swayed by emotions. Newbies are the most impulsive; the newer you are to the market, the more you need to learn to 'endure.' A bull market is all about one thing: endurance. Don’t let the ups and downs disturb your mindset. Selling too early isn’t scary; getting trapped is what hurts. Remember, in a bull market, you only need to do one thing: protect your profits and don’t chase after prices.
What is the next step for XRP? However, while the majority are bullish, smart money is turning bearish. Data from CryptoQuant also supports a possible pullback or short-term local peak, as the trading volume of whales to exchanges surged after XRP hit a new cycle high. This indicates that large participants may be taking profits. XRP rose by 370% after Trump's victory and Gensler's resignation statement. Before RLUSD potentially gets approved and whales take profits, XRP is at a crossroads. Ripple [XRP] surged significantly after Trump's victory in November. It has increased by 372% in the past month. During the same period, its market size expanded nearly fivefold, from $29 billion to $138 billion. This allowed it to temporarily replace Tether's USDT as the third-largest cryptocurrency by market capitalization. But what are the factors driving the surge and bullish market sentiment? In short, XRP rose by 370% after Trump's victory and Gensler's resignation statement, and before RLUSD potentially gets approved and whales take profits, XRP is at a crossroads. #XRP市值重回第三 $XRP
🔥Must Read! Five Golden Rules of Cryptocurrency Trading 1. Fast Rise, Slow Fall, Whales Accumulating • If the price of a coin rises quickly and pulls back slowly, it indicates that whales may be accumulating, preparing for the next surge. 2. Fast Fall, Slow Rise, Whales Offloading • A rapid decline followed by a slow rebound often indicates that whales are offloading in batches, and the market may enter a downward phase. 3. Top Volume Patterns • High Volume, Don't Rush to Sell: Increased volume at the peak may still have room for further increases. • Low Volume, Quick Exit: If the trading volume at the peak begins to decrease, indicating weakness, one should decisively exit. 4. Bottom Volume Patterns • Caution with Sudden High Volume: A sudden spike in trading volume at the bottom may be a false rebound. • Sustained High Volume, Consider Buying: If trading volume continues to increase at the bottom, it may signal a reversal. 5. Trading Cryptocurrency is Trading Human Emotion • The rise and fall of coin prices reflect market sentiment and consensus, while trading volume is a key indicator for assessing changes in sentiment. Recently planning to position in a potential coin, targeting a doubling start, with expected growth possibly exceeding 10 times. If interested, feel free to discuss in the comments!#XRP市值重回第三 #Layer1公链普涨 $XRP