FTM fluctuated, rising 13.62% in 24H
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OKX-FTM is currently priced at $0.7232, with a 13.62% increase over 24 hours. 24-hour transaction volume of 100 million US dollars, a decrease of 11.41%, for reference only
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OKX-FTM is currently priced at $0.7232, with a 13.62% increase over 24 hours. 24-hour transaction volume of 100 million US dollars, a decrease of 11.41%, for reference only
Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 Last week, it was predicted that Bitcoin would bottom at around 88000, but as a result, it continued to fall below the monthly line around 80000 and was about to form a head and shoulder peak; Bitcoin's monthly chart closing at a bearish candlestick indicates strong selling power within the month, which can have varying degrees of negative impact on the market in the short, medium, and long term, as follows: 1. Short term: Market panic is prone to spread, and investors who follow the trend and sell will accelerate the outflow of funds from the stock market, turning to safe assets such as bonds and money market funds; If popular sectors lead the decline and trigger a bearish candlestick, it will also cause a sharp drop in the willingness of these sectors to receive subsequent capital inflows, further lowering the short-term market. 2. Mid term: After the original market trend is broken, investors will hold onto their money and wait due to increased uncertainty, leading to a decrease in market trading volume and activity; At the same time, most investors will adjust their strategies, reduce the proportion of stock investment, and shift towards stable allocation, which will continue to suppress the rebound of the market. 3. Long term: If the bearish candlestick is caused by fundamental factors such as economic recession or negative policies, it will change the market's long-term expectations, such as shifting from bull market expectations to bear market or long-term oscillation expectations; It will also cause potential investors to postpone their entry plans into the market, reducing the long-term supply of funds in the market, which is not conducive to the long-term improvement of the market. However, there are also special circumstances. If there are positive signals such as heavy policy benefits released quickly after the bearish candlestick, it may also restore market confidence and ease the downward trend. Technical Analysis ——BTC has fallen back to the monthly mid track support of 80000, with pressure on the weekly lower track of 92000. If the weekly rebound of 92000 does not go up, it will continue to fall back to the daily level around 86000 and rise again at a double bottom. ——ETH's monthly line fell back and broke through the mid track to near the lower limit of the weekly line, falling below around 2800 to 2600. The weekly pressure was around 3050, and the daily line touched around 2800 before rising again. So, how do we proceed next? Teacher Zhao Yun, who has 9 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 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.
[CME Globex Futures and Options Market to Resume Trading at 21:30 (UTC+8)] The Chicago Mercantile Exchange (CME) announced that the CME Globex futures and options market will begin pre-opening at 7:00 Central Time (UTC+8 21:00) and officially open at 7:30 Central Time (UTC+8 21:30). The CME Globex platform supports a wide range of product categories, including metals (such as gold and silver), energy (such as crude oil), interest rates, agricultural products, stock indices, foreign exchange, as well as real estate and weather-related futures and options. Currently, over 90% of CME futures contracts can be electronically traded and matched through this platform.
[Yala Initiates Institutional BTC Exit Process and Announces Redemption Plan for Retail Users] Yala has issued an announcement stating that all native BTC under its institutional model within the protocol will be exited. However, as some assets are locked in the Euler pool, YBTC will not be completely destroyed, and the related YU will not enter circulation. This operation does not affect the balances or redemption rights of retail users. The specific redemption plan will be announced on December 15. Yala will focus on AI-driven prediction modules in the future and update its development roadmap.
[Tether Suspends Bitcoin Mining Operations in Uruguay Due to Rising Energy Costs] A Tether spokesperson confirmed on Friday that the issuer of USDT, Tether, has suspended its Bitcoin mining operations in Uruguay due to rising energy costs but remains focused on long-term projects in Latin America. This comes just weeks after Tether denied reports of exiting Uruguay. According to reports, Tether is involved in a $4.8 million debt dispute with Uruguay's state-owned power company UTE and has notified Uruguay's Ministry of Labor about the suspension of mining activities, resulting in the dismissal of 30 employees. Tether announced in May 2023 that it had launched a renewable energy-driven Bitcoin mining operation in Uruguay, with plans to invest $500 million.
[Lighter 24-hour DEX trading volume reaches $9.41 billion, surpassing Hyperliquid] Lighter's 24-hour decentralized exchange trading volume reached $9.41 billion, surpassing Hyperliquid's $4.01 billion.