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[Whale Address Opens Position with 2,640 ETH for the First Time, Total Value Approximately $8 Million] On-chain analysis shows that whale address '0xDE3...ddFCc' purchased 2,640 ETH at an average price of $3,027.33 within the past hour, spending a total of 8 million USDT. This marks the first time this address has opened a position in ETH.
Click on the link to join: https://meeting.tencent.com/dm/QP5C7LTpWzXS Price Trend Analysis K-line shape: ——A continuous bearish candlestick appeared at the 4-hour level, causing the price to drop from 3040 to 3015, indicating significant short-term selling pressure. The K-line with a long lower shadow (2983-3108) at 00:00 on December 6th indicates strong support at the 3000 integer level. ——On December 3rd, the daily chart formed a bottom swallowing pattern (2996 open → 3188 close), but the subsequent upward trend did not continue. On December 5th, the large bearish line (3133 → 3021) confirmed that the rebound was hindered. Technical Indicators: ——MACD: 4-hour DIF (8.8) crosses DEA (31.13), the bar (-44.67) continues to expand, and the daily MACD (-88.39/-132.19) double line minus death cross, indicating an increase in bearish momentum. ——RSI: The 4-hour RSI (43.88) fell below the 50 neutral line, the daily RSI (45.27) failed three tests at the 50 pressure level, and the 1-hour RSI (34.33) approached the oversold zone but did not deviate. ——EMA: Prices are comprehensively under pressure from the EMA moving average system (current price 3015<EMA7_3053<EMA30_3056), with the 120 day moving average (3067) forming the upper iron cap. Turnover On December 5th at 20:00, a large volume of 180000 ETH hit the market, but on December 6th at 04:00, when the volume rebounded (51000 ETH), it was less than one-third of the previous high, showing a trend of shrinking volume and falling. The daily average trading volume of 490000 ETH in the past three days is significantly lower than the breakthrough volume of 550000 ETH on December 3, and the participation of funds has decreased. [Trading Point] Buy point one: 2980 USDT (the previous low point of 2983 and the 3000 integer level form resonance support, and the daily RSI is close to oversold) Buy Point 2: 2950 USDT (1% space below the starting point of the bottom swallowing pattern at 2959 on December 3, supported by the weekly EMA120 line) Long stop loss point: 2935 USDT (below the buy point by 15 USDT, less than 1/2 of the buy point spacing of 30, and avoiding the low trigger point before 2920) Sell Point 1: 3050 USDT (4-hour EMA7 pressure level 3053 and integer level suppression, MACD underwater dead cross) Sell Point 2: 3080 USDT (1% space above the daily EMA30 pressure of 3066, selling pressure area before the rebound high of 3108 on December 5th) Short Stop Loss Point: 3110 USDT (confirmed trend reversal after breaking through the highest price of 3108 on December 5th, exceeding the sell point by 230 USDT) Official QQ fan group: 134273993 Click on the link to join the group chat: https://qm.qq.com/q/iCPxSMerWo Tencent Meeting Number: 915-466-313 Trading is a long process. By adjusting your mindset, grasping the short term, and being able to hold onto the long term, you will definitely generate a chemical reaction in this market. Welcome to join the Wanxiang blockchain community and experience a different kind of trading Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
The top financial regulatory agency in Japan has proposed reducing taxes related to Bitcoin and plans to approve Bitcoin exchange traded funds (ETFs). (The Bitcoin Historian)
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[500 million USDT transferred from Binance to an unknown wallet] Data shows that at 18:12 on December 6 (UTC+8), 500 million USDT was transferred from Binance to an unknown wallet.
According to the large transaction data in the past 12 hours, the main net inflow was $2.3 million, with a total buying amount of $8.74 million, significantly higher than the selling amount of $6.44 million. Especially at 11:10 and 15:23, there were large market orders of $3.14 million and $2.49 million respectively, indicating that the main force is actively laying out. However, the latest two large market sell orders (17:30, 16:39) sold a total of $3.87 million, indicating an intensification of short-term long short games. The current price is below the EMA24/52 moving average, and the KDJ dead cross combined with a flat top shape further confirms the pressure of a pullback. The main trend will become crucial. Open membership, track large transactions in real-time, grasp the pulse of main funds, and seize the opportunity! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.