ETH breaks through the $2900 mark

Binance WLFI/USDT's perpetual trading volume surged 9 times within 10 minutes, with a turnover of 71.97 million US dollars in the past 24 hours, a decrease of 2.40% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

The current 1-hour cycle K-line shows that BTC prices are below the EMA24 and EMA52 moving averages, showing an overall downward trend. Member indicators show that trading volume has shrunk to 19.50% of the average level, and market activity has significantly decreased. However, the KDJ indicator has converged and formed a golden cross, suggesting that there may be a short-term reversal upwards. Based on the distribution of chips, the price is approaching the key resistance zone of 90191.5. If it can effectively break through, it may accelerate its upward trend. In addition, the appearance of a hammer shaped candlestick pattern indicates a weakening of downward momentum and the emergence of bottom support. We need to pay attention to the support strength in the 85000-86000 area in the near future. If we stand firm, we may test the 90000 mark. The membership function accurately captures the flow of funds, helping you layout key points in advance! 🎉 50% off year-end pet fans for limited time 🎉 The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.

[Ethereum Developers Agree to Consider Including Five New EIPs in the Glamsterdam Upgrade] Christine D. Kim, former Vice President of Research at Galaxy Digital, posted on Platform X that Ethereum developers today agreed to consider including five new EIPs in the Glamsterdam upgrade while rejecting another four EIPs for inclusion. Currently, only 15 EIPs remain under review to determine whether they will be considered for this upgrade.

[Whale pension-usdt.eth closes ETH short position and opens a 1000 BTC long position] Whale pension-usdt.eth closed its ETH short position 1 day ago with a loss of $2.097 million. Early this morning, it opened a BTC long position and gradually increased its holdings to 1000 BTC (valued at $85.658 million). Currently, it has an unrealized loss of $716,000. Over the past week, the whale's total profit is approximately $1.21 million, with total profits on HyperLiquid amounting to around $23.15 million.

[Approximately $23 Billion in Bitcoin Options to Expire Next Friday] Approximately $23 billion in Bitcoin options will expire next Friday, accounting for more than half of the open interest on the largest Bitcoin options platform, Deribit. Market volatility has significantly increased.