Crypto News
December 16 Highlights:
1. The owner of the internet-famous squirrel Peanut has sent a cease and desist letter to Binance, demanding that Binance stop infringing on the PNUT-related IP.
2. Zeta Markets founder: DEX is becoming the preferred platform for emerging digital assets.
3. Meta requests to prevent OpenAI from becoming a for-profit company.
4. VanEck Ventures partner: In the next 3-5 years, about 30% of remittances between the U.S. and Mexico will be completed using stablecoins.
5. Market news: The Korea Securities Futures Exchange has established a committee to manage market volatility.
Trading Insights
The bull market will likely be divided into several stages:
BTC dominance rises, draining altcoins, with BTC remaining strong.
ETH takes over and surges, with hot altcoins rising alongside Ethereum, such as L2, blockchain games, metaverse+, and new public chains.
All coins rise, with scenarios where assets double overnight, MEME performance season, various altcoins, shitcoins, and air coins skyrocketing to make you question life. Various wealth myths, more than small ads, FOMO reaches its peak.
A complete collapse, major coins significantly retracing, and altcoins plummeting.
LIFE IS LIKE
A JOURNEY ▲
Below are the actual trades from the Big White community this week. Congratulations to the friends who followed along. If your trades are not going well, you can come and test the waters.
The data is real, and each trade has a screenshot from the time it was issued.
Search for the public account: Big White Talks Coins
BTC
Analysis
Bitcoin's daily chart showed a surge yesterday, rising from a low of around 101,200 to a high of around 105,400, closing at around 104,500. The support level is near the MA7 moving average; if it breaks, it could drop to around MA14. A pullback can be used to buy near this level. MACD shows a decrease in bearish momentum, forming a golden cross. The four-hour support level is near MA14; if it breaks, it could drop to around MA30. A pullback can be used to buy near this level. MACD shows an increase in bullish momentum.
ETH
Analysis
Ethereum's daily chart showed a rise yesterday from a low of around 3,830 to a high of around 3,975, closing at around 3,960. The support level is near the MA7 moving average; a pullback can be used to buy near this level. The resistance level is near 4,000. MACD shows a decrease in bearish momentum. The four-hour support level is near MA14; if it breaks, it could drop to around MA60. A pullback can be used to buy near this level. MACD shows an increase in bullish momentum, forming a golden cross.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag. If you have any questions, feel free to consult.
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