? In the past 24 hours, a total of 115,623 people were liquidated globally, with a total liquidation amount of $432 million. The largest single liquidation order occurred on HTX - BTC-USDT, valued at $23.9894 million.
?The decisive battle in December is approaching, will it rise or fall?
From a data perspective, the turnover rate has decreased, which is likely due to waiting for the Federal Reserve. A low turnover rate is a good thing, indicating that investor sentiment is stabilizing. If the turnover rate remains high, it suggests that short-term investors dominate, and market sentiment is not ideal.
The current chip structure is also stable, with no signs of collapse. The upcoming rise or fall may be the most nerve-wracking part of December. After the U.S. interest rate meeting, there is also Japan's interest rate meeting, followed by a large amount of data to be released. This December may not pass peacefully.
✅ Today's Market Analysis:
BTC
Bitcoin's short-term support is located in the 91400 - 90300 range. If it falls below, there may be upward and downward pinning movements in the evening,配合 the interest rate decision news. Pay attention to the pinning positions at 88700 and 86800. If it does not break downward, observe whether it can stabilize above 94200. If it stabilizes, it may rise to 95000 - 96200.
SOL
Solana has already corrected at 144.7. The current short-term support is at 133.4. If it holds, there is still a chance for a rebound. Pay attention to the pinning positions at 129.7 and 125.3. The short-term pressure is at 141.7. If it stabilizes above this level, it may rise to 146 - 148.
ETH
Ethereum's short-term pressure is at 3375. If it stabilizes above this level, it may rise to 3444. The short-term support below is at 3150. If there is a sharp drop, pay attention to the pinning positions at 3010 and 2960.
BNB
Today, focus on the 887 position. If it stabilizes above this level, a rebound may begin on the 2-4 hour level. The upward pressure points are around 905, 913, and 926. If the 2-4 hour level fails to close above 898, the market may continue to decline. Support references are at 887 (minor support), 878, 870, and 857.
? The real long-term trend tracking that can make big money is not chasing moving average golden crosses or death crosses, but value investing!
If you understand AI and blockchain, you would have heavily invested early in fundamentally strong assets like NVIDIA, BTC, ETH, and BNB, which can perform well for ten years. Their rise is not because of beautiful K-lines, but because of value realization, naturally pushing long-term moving averages upward. Most people lose money because they only follow K-lines and not the assets, buying high, selling low, and repeatedly taking elevators to lift the market makers'轿子.
The only reliable use of technical analysis is "value regression." Reduce positions when good assets rise too crazily and deviate far from long-term moving averages, and buy back when they fall back near the moving averages. This way, you hold onto the major trend while also catching waves. Ultimately, no matter how fancy the charts are, what you earn is the value from the real world. Only staring at K-lines without researching assets means forever giving money to others.
? Why is $SYRUP attracting $48 million daily!
The SYRUP protocol has very strong fundamentals. Its core dollar assets (syrup USDC, syrup USDT) have total deposits exceeding 2.2B, hitting a historical high. Currently, it ranks among the top five in similar assets.
Over the past week, the protocol has seen an average net inflow of over $48 million daily, while major competitors have experienced net outflows, demonstrating strong market appeal. Syrup USDC and syrup USDT have already ranked fifth and sixth in yield-bearing dollar assets AUM, with scale continuing to climb rapidly. Maple is steadily moving towards becoming the on-chain asset management standard.
From a technical perspective, SYRUP is just undergoing a normal compensatory decline, nothing to panic about. During the 1011 crash, it hardly fell and quickly returned above 0.4, while most other altcoins were halved. So, it's normal for it to compensate now. $MORPHO is the same.
The fundamentals are completely fine and even getting stronger. It's just that the overall environment is poor, making independent rises unrealistic. The area around 0.2 was the starting point of the last bull market, so it's appropriate to埋伏 there.
$ZEC
ZEC is getting hard to hold onto, already up over 20%! The $500 target is almost reached! Friends with heavy positions must sell in batches several times to secure profits, guarding against sudden crashes and pinning. Congratulations to the brothers and sisters who followed along and made a big profit!
$Mubarakah
He Yi's WeChat was hacked. The hacker used her account to post on Moments疯狂 shouting about a meme coin, Mubarakah, causing the price to surge several times. This operation easily套现 several million USD. Web3 anonymity is amazing; it's impossible to find out who did it. A perfect harvest!
$DASH
Dash's daily chart has found support at the Vegas Channel and formed a head and shoulders bottom pattern. If it breaks through the "stop loss swap level" near 53.86, it may further rise to around 64. The current selling pressure above has been digested multiple times, increasing the possibility of a breakout.
$AAVE
