Hot News:
Nansen CEO: The largest bull market in history will arrive in 2025.
The number of active wallets on the XRP Ledger has reached 35,799, the highest level in three months.
Standard Chartered Bank: If Trump wins the presidential election, Solana could rise by 400%.
CME "Fed Watch": The probability of the Federal Reserve lowering rates by 25 basis points by November is 99.3%.
Defi Llama data shows: The total locked value of DeFi protocols has reached $89.56 billion.
Burakkesmeci: The amount of ETH held in Ethereum accumulation addresses exceeds 19 million, a 65% increase since the beginning of the year.
Bitwise CIO: Bitcoin may break $100,000 earlier than expected.
Last night, rumors spread that $DYDX and $DODO would start doing @pumpdotfun's imitation, followed by a rapid surge.
@apecoin launched yesterday, @pumpdotfun also opened, the wealth effect is obvious, everyone is rushing in, $APE doubled in a day, plus #memecoin skyrocketed, funding rates are high, and short squeezes are happening!
Yuga Labs series NFTs are warming up, BAKC floor price has increased by over 24% in 24 hours;
BTC
H4 has consecutively made the third divergence high, and the price has reached the daily resistance zone of 69,400-71,200 as expected, currently confirming the previous high of 69,000! As long as it does not drop below 68,000 in the short term, there is still a chance to continue to surge! The bulls are clearly strong, so seize the opportunity to buy on dips! Follow the trend! Ideal area: short term 67,100-66,600, if it breaks, continue to wait for the 64,800 low to be hunted after, and look for a gap-filling opportunity around 64,500!
ETH
As mentioned yesterday, pay attention to the plundering of liquidity, the price chose to plunder upwards, the upper range of 2,680-2,730 has been broken, and the current price is retesting around 2,730 for confirmation. In the short term, as long as it does not drop below 2,688, there is still a chance to continue to surge! If it breaks down, seize the buying opportunity on the retest, first look at 2,650-2,630! If it breaks, patiently wait for the 2,540 hunt after, and look for buying opportunities in the 2,540-2,500 range!
SOL
As mentioned in yesterday's report, follow up on the breakthrough of 162! The price has now reached around 170! If it retests the 161-159 area, continue to pay attention to buying opportunities! The upper target is 181-194!
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