[Institutional BTC Holdings Increased by Over $500 Million in the Past 30 Days] Bitcoin Treasuries data shows that in the past 30 days, institutions have increased their BTC reserves by over $500 million worth of BTC.
[Institutional BTC Holdings Increased by Over $500 Million in the Past 30 Days] Bitcoin Treasuries data shows that in the past 30 days, institutions have increased their BTC reserves by over $500 million worth of BTC.
Click on the link to enter 24-hour live streaming: https://meeting.tencent.com/p/3972269438 Market analysis: Bitcoin has effectively fallen below the key psychological level of $100000 and briefly dropped below $94000. The daily moving average system is in a bearish position, indicating a weak technical structure. At present, the market is consolidating around 96000, with a focus on the resistance in the break through range of 98000-100000 integer levels. In the short term, we can go high around this range. Pay close attention to the key supports in the range of 90000-92500 below. If there is a good rebound in this range, you can try medium to long term long positions. Ethereum's current 3000 is a key defensive point, as long as it does not break any downward trend, it can be used to play multiple games around 3000. Attempt to hold long-term long positions in the game of tail position holding. If 3000 falls below the key support in the range of 2770-2800, pay close attention to it. Focus on the short-term upward breakthrough of 3660-3700, as long as there is no rebound, it is a high-altitude opportunity Ant [AT] Club! services provided 1 📢 24-hour live classes+15 senior analysts 2 👨🏫 Free choice to switch between communities and teachers, accurate daily strategy of 5-20 orders, can be changed at any time if not satisfied 3 💸 Zero fees for the entire process, high commission of 70% 4. Trading Department | Solve your trading questions such as order placement and various trading issues 5 📈 Real time trading course | Keeping up with market pace, hands-on practical teaching 6 💡 Deep market analysis | Insight into trend changes, grasp key signals 7 🎯 Efficient trading strategy | System learning system to improve investment success rate 24-hour Tencent Meeting ID: 397-226-9438 DingTalk Group Number: 137760007688 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.
[Over 10,000 BTC Flowed Into Crypto Exchanges in the Past 72 Hours] Analyst @ali_charts stated that over 10,000 BTC (approximately $1 billion) flowed into crypto exchanges in the past 72 hours.
Data from the past 12 hours shows that the main net inflow was $19.82 million, with a total buying amount of $97.14 million, significantly stronger than the selling amount of $77.32 million. Among them, there were multiple large orders in the Binance contract around $96000, with strong buying intentions from the main players, suggesting that short-term support may be effective. However, we need to be cautious of the pullback risks brought by overbought J values and top tier patterns. The price is below the EMA24/52 moving average, indicating a weak trend, but the shape of the pregnancy line and the strengthening of MACD momentum suggest potential reversal opportunities. Open a membership, track the trend of major orders in real time, and grasp accurate bottom buying signals! 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.
[Nic Carter: Success in this cryptocurrency cycle is more challenging, suggesting emotional 'detachment'] Nic Carter, co-founder of Castle Island Ventures and known as the 'Father of Smart Contracts,' posted on the X platform stating that it is more difficult for investors to achieve success in the current cryptocurrency cycle. He advised investors to emotionally 'detach' from cryptocurrencies to avoid excessive pressure and emphasized that success must be achieved through creating products and delivering real value. He pointed out that the cryptocurrency price trends over the past decade may have misled investors, and such patterns may not occur again in the future.
[Tom Lee: Market May Need 6 to 8 Weeks to Recover from Market Maker Funding Gap Impact] Tom Lee, Chairman of the Board at Bitmine, stated that it may take 6 to 8 weeks to address the funding gap caused by one or two market makers, and relief may be seen after Thanksgiving (November 27). He previously mentioned that the current signs of weakness in the crypto market are related to significant gaps in market makers' balance sheets. Sharks are attempting to trigger liquidations and drive down BTC prices, but he believes this pain is temporary and will not alter ETH's supercycle. He also advised avoiding leverage at this time to prevent liquidation.