Dogecoin is poised for a breakout: 0.2 is just the starting point, 1 USD is the bottom line, and the next stop is directly aiming for 10 USD?!
Recently, watching Dogecoin's trend is really getting more and more exciting. The technicals are calling for a bullish trend, on-chain data is supporting it, and whale big shots have been quietly increasing their positions, while DeFi funds are continuously pouring in. It feels like it just needs a trigger, and it will go 'DOGE TO THE MOON'🌕
🧱 Technical patterns tell me: breaking through is just a matter of time Dogecoin has been following a typical ascending wedge structure in recent years. Simply put, this means that the bottom is getting higher, and the pressure from above is becoming more concentrated, and it will eventually blow up! The current price is around 0.18, and as long as it stabilizes at 0.20 USD, it is very likely to directly surge towards the 1 - 1.20 USD range.#DOGE
Stole $3.3 billion in bitcoins, disappeared for ten years! A $300 transaction made the legend collapse.
He quietly took away 50,000 bitcoins and disappeared for a full ten years. Living like a king, no one noticed a thing. Until a small transaction of just $300 exposed all his secrets—everything collapsed in an instant. Jimmy Zhong's astonishing rise and fall, the truth is here 👇🧵
Jimmy Zhong, a name that exists like a legend in the crypto world. He secretly took away 50,000 bitcoins, vanished for a full ten years, living like a king while the world remained oblivious. Until a mere $300 transaction completely revealed his secrets—everything crashed down.
This week, the cryptocurrency market experienced a slight pullback, with a market value evaporation of about $150 billion, and XRP was no exception. Since XRP #etf was listed, the spot ETF has performed well, but the price remains sluggish, having dropped to a key support level of $2 yesterday.
AI analysis indicates that in the short term, #xrp is slightly oversold, and a rebound may be on the horizon, but the overall structure remains fragile. A drop below $2 could see a retreat to $1.90. If ETF capital flows recover to early highs, accompanied by significant buying pressure, XRP is expected to surge to $2.25; otherwise, it may consolidate in the range of $1.98-$2.12. Short-term traders should be cautious, as opportunities and risks coexist!
December's two major financial market focal points: the US dollar interest rate cut and the yen interest rate hike. Today, let's focus on the yen—be careful! Over the past 20 years, the yen's interest rate hikes have repeatedly triggered global financial fluctuations: the bursting of the internet bubble in 2000, the financial crisis in 2007-2008, and a 15% drop in the NASDAQ in July 2024. #BTC
Now the risk of a yen interest rate hike is rising again, especially in an environment of AI bubbles and high leverage, where funds may quickly flow back out, causing a stampede. But don't panic, if the market is already in a correction, the interest rate hike is just a catalyst. It is recommended to operate in the short term, use small positions, and have protective long positions to seize the opportunity! #sol #xrp #bnb
Can DOGE Price Turn Around? 11 Billion Tokens' Cost Zone Becomes Key Obstacle!
Key Resistance for Dogecoin Revealed: Can 0.20 USD Break Through? Recently, analyst Ali Martinez pointed out that Dogecoin (\u003ct-16/\u003e) may face a significant resistance level at 0.20 USD based on on-chain supply distribution data (CBD, Cost Basis Distribution). The CBD indicator shows the transaction costs of Dogecoin at various historical price levels, revealing how investors hold and potentially react at different price points. 🟡 0.20 USD: The 'Heart Price' of Dogecoin The CBD heatmap shared by Martinez shows that over 11 billion Dogecoins have a cost basis concentrated around 0.20 USD. Considering that Dogecoin's current trading price is about 0.138 USD, most of these tokens remain in a loss state.
On December 6, Coinbase Institutional stated that signs of recovery in the crypto market are slowly emerging. Liquidity is recovering, the probability of the Federal Reserve cutting interest rates has soared to 92%, and with the macro environment gradually improving, December may see a rebound. #加密市场观察
The analysis is straightforward: the concept of artificial intelligence has not yet burst the bubble, and there is still room for growth; the attractiveness of shorting the dollar is substantial; and as early as October, Coinbase predicted position adjustments and a weak market in November, believing that December would be the starting point for a market reversal. Retail friends can pay attention to mainstream coin layouts and seize potential opportunities! #美联储重启降息步伐
#ETH Attention friends! The probability of a rate hike for the yen on the 19th of this month has soared to 74%. Looking back at history, yen rate hikes often trigger small financial tremors globally.
Don't forget, behind the yen's actions is often the Fed's covert operations, but the Fed may also lower rates, making this move a bit confusing. Friendly reminder: it's okay to buy the dip, but make sure to set a stop loss, otherwise a drop could make you regret exiting! #美联储重启降息步伐
The end of the Federal Reserve's QT, Bitcoin making early moves, is the next bull market just around the corner?
#美国通胀 Slowing down, Bitcoin is making early arrangements, how will the market move after QT ends? Recently, new trends in U.S. inflation have emerged: real-time data shows that, before the next meeting of the Federal Open Market Committee (#fomc ), the year-on-year inflation rate has fallen to 2.45%. Meanwhile, the official Consumer Price Index (#cpi ) is still hovering around 3%, indicating that the inflation trend is clearly cooling down ahead of the FOMC meeting in five days. The timing is very interesting, especially considering that the Federal Reserve has announced the official end of quantitative tightening (QT) on December 1. This operation has prompted both the market and Bitcoin to take early action.
Here it comes! Last night, the Fed's favorite core #PCE dropped to 2.8%, and expectations for interest rate cuts are rising, but don’t rush to go all in—this time they are using outdated data in their meeting! The government shutdown has left the October inflation and November employment data unavailable, and the Fed itself is 'groping in the dark'. Why are you anxious about the candlestick charts?
As for the crypto world? Simple: the water is coming! USD liquidity has loosened, and funds are first rushing into the stock market and crypto market, with leaders like #BTC , #ETH , and #sol receiving the most influx. Retail strategy: don’t wait for the official announcement to take action; the market is trading on expectations, and gradually positioning in stable, long-established coins is the way to go. Throw away outdated information, observe the real trends, and the information void often presents the real opportunity!
Here it comes! Recently, both China and the United States have been watching the cryptocurrency trading, but the reasons are quite different!
On the domestic front, the China Internet Finance Association and six other departments jointly issued a risk warning, reminding everyone to be vigilant against illegal activities related to virtual currencies. The core reason? Decentralized currencies conflict with our emphasis on centralized management and social stability concepts. #美联储重启降息步伐
On the American side, they are also restricting some citizens from participating in cryptocurrency trading, with many platforms even directly blocking access from certain regions. However, they are still exploring regulatory and tax rules, and policies may change at any time.
So don't blindly follow the trend of trading cryptocurrencies, don't be impulsive just because you see others making money, it's most important to protect your own wallet, after all, policy risks are the biggest pit. #加密市场观察
Dropped 67% and still accumulating? The secrets of Dogecoin's bottom exposed!
Is Dogecoin waking up? Or is it still lying flat? The latest data tells you the truth Dogecoin, which has long sat on the throne of meme coins (\u003ct-94/\u003e), currently still has a market cap of 23.28 billion USD, looking quite splendid, but the reality is that the price has been under pressure. In the past year, it has dropped by 67%, and in the last 24 hours, it recorded another -2.4%. For holders, that feeling goes without saying. However, behind the decline, some "quiet things" are happening that may affect the overall trend of Dogecoin. AMBCrypto has provided some key indicators, let's chat about it easily.
This week, Dogecoin dropped to an annual low of $0.13, failing to sustain the momentum brought by the new ETFs from Grayscale and Bitwise in November. Even though 21Shares updated the #DOGE spot application for #etf , the price continued to decline, resulting in a small loss of about 1.7% for holders this week.
Although the number of active addresses on the chain reached a new high, some investors bought the dip, but institutional selling pressure remains heavy. DOGE trading volume surged, with single-day sales exceeding 14.4 million coins, and the price is still under pressure in the short term. Even with continuous ETF applications, market sentiment and capital inflows have not yet formed significant support. #美联储重启降息步伐
Ethereum has recently been active, with prices launching a new round of increases above $3200, currently stabilizing gains and preparing to challenge the $3250 level or even higher. ETH has successively broken through resistance levels of $3050 and $3120, forming a contracting triangle on the short-term chart, with support around $3130. If it stabilizes above $3240, it is expected to continue its upward movement. #ETH走势分析
Bulls have pushed the price to around $3239, but there is still pressure to break through $3250. If successful, the next target could be $3320, and further could potentially see the area of $3450 to $3500. However, if it fails to hold above $3240, ETH may pull back, with short-term support at $3120 and $3050, and a drop below $3000 could even touch the $2980 or $2850 support area. Overall, Ethereum still has upward potential in the short term, but caution is needed regarding pullback risks before breaking key resistance. #ETH
Chainlink ETF debut was explosive! It attracted 42 million dollars in one day, igniting a bullish signal for LINK!
Chainlink is also in the game! The LINK spot ETF debut was explosive, is institutional money starting to pour in? On December 3rd, after Grayscale successfully launched its product on the exchange, #Chainlink also officially secured a ticket for the U.S. spot ETF. For a 'non-mainstream large-cap' blockchain project, this debut not only marks a formal entry into the mainstream financial world but has also sparked considerable discussion in the crypto community. The first day of trading was calm, but the capital inflow was quite impressive. Speaking of trading volume, the first-day performance of #LINK didn't really 'blow up' like Solana or XRP. On the day Solana ETF launched, it achieved a trading volume of 56 million dollars, XRP had 33 million dollars, while LINK's report card showed only 13 million dollars.
Is BTC about to take off? A strong rebound at 90K, this wave of recovery is extraordinary!
Has Bitcoin stabilized again? This wave of recovery is quite interesting. The recent Bitcoin market can be described as 'rollercoaster-like thrilling and spring-like resilient.' The price once dropped to $88,000, startling many into thinking a new round of deep declines was about to begin. However, it quickly rebounded above $90,000, giving investors a message of 'I'm fine, I can still rise.' Although the price has slightly adjusted in the past 24 hours, various indicators suggest that this upward momentum may not end so quickly. The Federal Reserve's dovish stance has given the market a shot of adrenaline.
Japan's interest rate hike in December is basically confirmed, and the Federal Reserve's interest rate cut is also almost a done deal! This means the market will first experience a tug-of-war, and then slowly return to stability. #美联储何时降息? Are you ready to take on the challenge? #日本加息
Solana has recently failed to hold above $144, and the increase has retreated. The current price is below $140 and may find support around $135. SOL/USD has broken below the ascending trend line of $144 on the hourly chart. If it cannot stabilize at $135, the downside risk may increase.
Currently, the SOL price is still above $135 and slightly above the 100-hour moving average, but there is significant upward resistance: there is pressure around $142, $145 is a key resistance level, and further pushing towards $148 may pave the way for the next steady rise, with a possibility of even reaching $155 and $165.
On the downside, if #sol breaks below $135, initial support is at $132, with further potential to explore the $128 support area. If it breaks below $128, it may short-term decline to the $122 support level. Overall, Solana is experiencing increased short-term volatility, and key price levels should be monitored. Investors need to be cautious in their positioning and pay attention to support and resistance changes. #美联储重启降息步伐
Downward tightening, buyers on the rise! DOGE may welcome a super rebound opportunity!
Is Dogecoin welcoming a reversal signal? The descending wedge may indicate a 96% upside potential. Over the past 30 days, Dogecoin has been slowly declining for most of the time, with lower lows and lower highs. Although the trend is compact, it also presents a predictable rhythm. While the overall downward trend is evident, technical analysis shows that some key trends may be quietly forming, leading the market to start paying attention to potential rebounds in the future. #加密市场观察 Initial appearance of the descending wedge: buyers quietly gaining strength New analysis shared by cryptocurrency commentator Clifton Fx indicates that Dogecoin is forming a descending wedge structure. This pattern appears in a downtrend, with two downward-sloping trend lines gradually converging, and the price oscillates in a winding manner, with each rebound becoming smaller and the distance between the trend lines narrowing.