BlackRock IBIT had 639 institutional holders in the third quarter, a 10% increase compared to the previous quarter

Click on the link to join: https://meeting.tencent.com/dm/K2eORG9ncMJz ETH [Price Trend Analysis] K-line shape: A long upper shadow line (3225 to 3066) appeared at the 4-hour level, indicating significant high-level selling pressure, followed by price stabilization around 3150; The daily candlestick level closed with a long lower shadow for three consecutive days (December 2-4), indicating strong buying support at the 3000 integer level; Technical Indicators: MACD: The 4-hour DIF (60.03) is still above DEA (55.17), but the volume of the bar has shrunk to 9.71, indicating a weakened upward momentum; RSI: The 1-hour RSI (50.35) has fallen from the overbought zone, and the daily RSI (50.63) is in the neutral zone; EMA: The current price (3155) remains above EMA30 (3059), but is suppressed by EMA7 (3153), forming short-term resistance; Turnover On December 2nd, the daily volume increased by 243913 (4-hour level), corresponding to a 180 point surge in the market; Recently, the trading volume of 8 4-hour candlesticks has shrunk to the range of 14049-43830, indicating a strong wait-and-see sentiment in the market; Buy Point 1: 3120 USDT (dynamic support formed by the combination of the previous low support level and the upward movement of the EMA30 moving average 3059) Buy Point 2: 3080 USDT (second defensive level above the 3000 integer level, starting position with high volume on December 2nd) Long stop loss point: 3050 USDT (50 points buffer space below the psychological level of 3000) Sell Point 1: 3180 USDT (4-hour level EMA7 suppression level+recent rebound high 3173 resistance) Sell point 2: 3220 USDT (December 5th high 3225 selling pressure zone+daily EMA120 strong resistance 3068) Short Stop Loss Point: 3250 USDT (a technical stop loss level formed after breaking through the previous high of 3240) Official QQ fan group: 178141073 Click on the link to join the group chat: https://qm.qq.com/q/8SNKic2knK Tencent Meeting Number: 695-250-673 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.

Chainlink reserves have increased by 81131.31 LINK, bringing the total holdings to 1054884.02 LINK. （Cointelegraph）

[Clanker Platform's First Token Sale Sniped by Whale, Community Criticizes Unfair Presale] On December 5, Farcaster founder Dan Romero announced that Clanker platform's first token sale project, House, sold out within 30 seconds, with a presale hard cap of 20 ETH. However, the community criticized the presale as a 'disaster' due to the use of an outdated presale contract, which allowed a single whale to acquire 16 ETH (80%) of the allocation. Additionally, the lack of a limit on participation per wallet was blamed for enabling allocation monopolization. Dan Romero responded by stating that the sniping address will receive tokens after 7 days and promised that the next presale will adopt a permissioned system to ensure fairness. As of press time, HOUSE's market cap stands at $1 million, with a trading volume of $1.8 million and 682 token-holding addresses.

[The Federal Reserve to release PCE data at 23:00 (UTC+8)] The inflation indicator favored by the Federal Reserve, PCE data, will be released at 23:00 (UTC+8). As CPI data has not been published, this PCE data becomes the sole inflation reference before the Federal Reserve's December meeting. The market is expected to closely monitor the report details and remain alert to potential market fluctuations it may trigger.

[BitMine Holds Approximately 3% of Ethereum's Total Supply, Supply Contraction May Trigger Price Volatility] CryptoOnchain posted an analysis on the X platform, stating that BitMine currently controls approximately 3% of Ethereum's total supply, equivalent to 3.7 million ETH. Over the past 30 days, net outflows from exchanges reached $1.6 billion, reflecting a large-scale accumulation trend. Exchange reserves have significantly declined, with a single-day outflow of $3.1 billion on November 23, setting a historical record. The number of withdrawal addresses exceeded deposit addresses by 40%. Staking deposits have reached an all-time high, and with whales like BitMine absorbing circulating tokens, market depth continues to shrink, forming a scenario of supply contraction. Data indicates that as the tradable supply decreases, new buying pressure could potentially trigger a significant surge in ETH prices.