Daily hot news summary (December 4)
The current price of BTC is US$40,868, up 3.66% in the past 24 hours. In the past 24 hours, the total liquidation amount of contracts across the entire network was US$160 million, with short orders being the main liquidation, BTC liquidation of US$55.45 million, and ETH liquidation of US$19.07 million. The data is for reference only.
Cryptocurrency Market Essentials 👇
1. The total number of Bitcoin addresses exceeded 50 million for the first time.
2. In November, the number of new registrations for the Ethereum domain name service ENS exceeded 20,000, setting the second lowest record during the year.
3. Scam Sniffer report: In the past week, about 10 Safe wallets were attacked by phishing attacks due to the same first and last numbers, resulting in a loss of US$2.05 million.
4. The founder of Solana said Solana and Ethereum can coexist.
5. MicroStrategy’s floating profit on Bitcoin positions exceeds US$1.6 billion.
6. Swan Bitcoin CEO says Bitcoin may be in the early stages of a bull market.
7. The total locked-up volume of Layer 2 exceeded US$15 billion for the first time, setting a record high.
8. Reuters: Bitcoin has emerged from the "crypto winter" downturn following scandals such as the collapse of FTX.
9. After the opening of the market, spot gold rose by more than 60 US dollars in the short term to 2,133 US dollars, a record high.
🔸Bitcoin (BTC) market analysis:
Bitcoin ushered in a surge of bullish volume over the weekend, with the price testing to break through the $40,000 mark, reaching a maximum of around $40,884. The 4-hour level showed a stepwise rise to a new high, and the positive line is still full and continuing. Analysts believe that the weekly level chose to continue to break through $40,000 early this morning after experiencing high fluctuations for two weeks. From a weekly perspective, including the daily level trend transition reaching TD 7, the next major resistance point is near $42,000. Pay attention to the resistance at this point.
🔸Ethereum (ETH) market analysis:
Ethereum ushered in a surge of bullish volume in the early morning, with the high hitting the 2210 line. After the small negative line of the 4-hour chart was consolidated and corrected, Dayang pulled up, the Bollinger Bands opened upward, and the MACD double-line golden cross moved upward. Analysts believe that the strong bulls will not change, and there will be room for continued growth in the market after breaking through the 2140 pressure. The current price is 2225 US dollars, and the 4-hour trend transition is TD 4. It is not ruled out that it may continue to rise in the short term. I am currently bullish but do not encourage chasing the rise and wait for a correction before opening a position.
"None of the content and views shared above constitute investment advice. The level of petty bourgeoisie is limited, and mistakes may inevitably occur. Please do not criticize me.DYOR 》
