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Binance CEO and Richard Teng jointly discuss the trends in the cryptocurrency industry in 2026, and related content will be shared at the CHAINREACTION event. (Cointelegraph)
Click on the link to enter the meeting: https://meeting.tencent.com/p/7346281523 Recently, Bitcoin has been fluctuating between 85000-90000, repeatedly washing up and down the market. This week, it continued to fall due to the strong pressure of 90500. In the past ten days, it has rebounded multiple times above 89000 without stabilizing, and the support below has not been lost. After rushing high, I couldn't hold on. I tried 89000-90000 times but failed. Will tonight be the same as before? However, in the past two weeks, the market has been fluctuating horizontally almost every day, falling after a wave, and then rebounding strongly after a wave of decline. Today, we should also be cautious of similar situations. To go long is to go long when there is a pullback, rather than waiting until there is a pullback before taking action; Short selling is also about waiting until it rises before going short, don't wait until it falls before chasing after it. After shaking for so many days, we have once again returned to above 89000 and stabilized today. The main reason is that it depends on the opening of the US stock market tonight. It is expected that there will be a small drop at the opening and then continue to rise to break 9.2. As long as the US stock market stabilizes tonight, it will not be a problem. In recent weeks, it has been due to the heavy selling pressure of ETFs. Tonight at 7 o'clock, Tony A will meet you in the Tencent Meeting live broadcast room. Fan group Seagull APP group number: 17847532 Seagull download link: http://t.cn/A6Jx8Yec Weibo account: Old Tony-A Tencent Meeting Live Number: 734-628-1523 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.
[Galaxy Digital Deposits 10 Million USDT to Binance] According to monitoring by The Data Nerd, Galaxy Digital deposited 10 million USDT to Binance 6 hours ago.
[USDC Treasury burns nearly 100 million USDC on Solana and mints equivalent tokens on Ethereum] USDC Treasury burned 98,469,098 USDC on the Solana chain, valued at approximately $98,547,873, and minted an equivalent 98,469,098 USDC on the Ethereum chain, valued at approximately $98,557,720, suspected to be conducting inter-chain transfer operations.
In the past 12 hours, the main force has sold a total of $222 million in large orders, far exceeding the $181 million in large orders bought, with a net outflow of $41.13 million. The main force has a strong willingness to short. Especially with two consecutive large selling orders exceeding $2 million at 17:31 and 17:33, the price was directly suppressed to the low point of $87840, resonating with the current K-line pattern of "black three soldiers" and showing a significant downward signal. On a technical level, the MACD death cross, combined with the weakened momentum of the bar chart, caused the price to fall below the support of the EMA24/52 moving average, further verifying the downward pressure of the main funds leaving the market. Open membership, track key trends, and lock in market turning points in advance! 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.
[Bloomberg Analyst Predicts Bitcoin May Drop to $50,000 by 2026] Bloomberg Intelligence Senior Commodity Strategist Mike McGlone predicts that Bitcoin's price will drop to $50,000 by 2026, and it could even decline further by 90% to $10,000. He pointed out that Bitcoin faces competition from millions of digital assets, whereas gold has only three competitors: silver, platinum, and palladium. He expects gold prices to rise by 10% by 2026, surpassing $5,000 per ounce, and believes that all asset classes will face headwinds in 2026. The U.S. stock market may see a correction, and risk assets such as crude oil, copper, and silver could also be affected.