Is Bitcoin Volatility Vacation Over? Chart Suggests So, Analysts Cite 3 Catalysts

OKX-ETH/USDT is currently trading at $3503.97, with a 5-minute increase of 0.07%. Please be aware of market fluctuations.

[CLANKER surges over 17% in a short time, market cap surpasses $70 million] On November 12, CLANKER surged over 17% in a short time, with its market cap surpassing $70 million, possibly influenced by Binance's announcement to launch the CLANKERUSDT perpetual contract.

[Bybit Report: 16 Blockchains with Fund Freezing Mechanisms] Bybit's Lazarus Security Lab released a report stating that out of the 166 blockchain networks analyzed, 16 chains contain program codes that can directly freeze or restrict user funds, while another 19 chains can achieve similar functionality through protocol adjustments. The report categorizes fund freezing mechanisms into hard-coded freezing (e.g., BNB Chain, VeChain), configurable freezing (e.g., Sui, Aptos), and contract-based freezing (e.g., HECO). The report mentions that Sui once froze $162 million in assets, Aptos introduced a blacklist feature, BNB Chain prevented the transfer of $570 million in cross-chain exploit funds, and VeChain froze $6.6 million in stolen funds in 2019. Bybit's Risk Control Director, David Zong, stated that transparency should be the core of governance, and project teams should proactively disclose emergency mechanisms.

[Binance to Launch CLANKERUSDT and BEATUSDT Perpetual Contracts] On November 12, the Binance Futures trading platform will launch USDⓈ-margined CLANKERUSDT and BEATUSDT perpetual contracts.

In the past 12 hours, there have been large transactions, with the main force buying $50.39 million, selling $4.017 million, and a net inflow of $10.22 million, showing a long trend. However, the latest large market sell order reached $2.47 million, suppressing price increases and indicating an intensification of long short games. Combined with large transaction indicators, the main behavior is clearly visible, capturing abnormal signals in advance. The 2-hour cycle K-line shows that although the price is above the EMA24/52 moving average, the trading volume is extremely shrinking, and the overbought J value suggests a risk of a pullback. Resonance between large transactions and technical indicators helps you accurately grasp the timing of changes. Be one step ahead to discover the main actions, activate membership to unlock large transaction indicators! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.