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During the last 24 hours Ethereum is down nearly 10% due to heavy bearish pressure. Most of the crypto market is in bearish land slide so it’s normal for eth to also be down.
Ethereum resistance level is around $3000 to $3100 it has been tested but failed. Ethereum currently has support at $2900 to 2800 and likely this support will be tested.
On a positive note: Ethereum staking has reached all time high with over 33 million eth locked in staking. Ethereum will receive Fuska updates in December and this will improve network efficiency among many other factors.
In conclusion: Extreme fear in the market is still signaling a bearish moment. Long term remains very positive Due to strong staking and upcoming December updates.
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MY NEXT BIG TARGET: 50,000 FOLLOWERS 🎯 ⏳ Before 1st January 2026
I sincerely request all my friends and supporters to stand with me on this journey 🤝 In return, I’ll keep sharing high-potential altcoins, smart entries, and clean trading setups just for you 📈💎
🔥 Altcoins Currently in Strong Buy Zones: $SOL • $AVAX • $INJ
🎁 BTC GIFT FROM MY SIDE 💰 Claim your BTC now from my post 🔁 Share the post and spread the rewards
Let’s grow together — real value, real signals, real results ❤️🔥
The recent trading volume has been erratic, with the last few candles showing just average volume, but during previous sell-offs, the volume surged significantly, indicating that the selling side is still strong. The buying side has not shown signs of strong buying again.
The futures money flow is heavily negative: 24h -8M USDT, 7D -70M; spot is also short-term negative. Selling pressure is widespread.
#LTC #LTCUSDT Be careful to short if it breaks below support.
- Entry short: Break below the level of $76.98 (support) + increased volume. Or wait for a rebound up to $81.89 for a better entry.
- SL: 79 for short entry at 76.5
- TP: $74.95, then down to $70.88
Trade carefully, the market is tricky! Anyone holding LTC, please comment and share!
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On December 17, Solana (SOL) showed remarkable resilience amidst overall adjustments in the cryptocurrency market. According to CoinMarketCap data, the SOL price was approximately $127 in the past 24 hours, with a decline of 3.81%, reaching a low of around $124 and a high of $134. The 24-hour trading volume exceeded $5 billion, with a market cap of about $71.5 billion, firmly holding the seventh position globally. The adjustment was mainly influenced by major cryptocurrencies like Bitcoin, but SOL's dominance slightly increased, indicating relative investor preference.
Hot Events: The Solana network experienced the fourth largest DDoS attack in history, peaking at 6Tbps, second only to Google Cloud and Cloudflare incidents. However, the network remained stable, with no interruptions or delays, highlighting strong resilience after upgrades. Co-founder Raj Gokal personally confirmed, and the community praised, "Solana is hardcore." Although the attack triggered short-term emotional fluctuations, the derivatives market's SOL futures open interest dropped to around $7 billion, with moderate liquidation levels.
On the ecological front, Solana DeFi is active, leading in DEX trading volume, with fee income nearing $590,000. Institutional interest continues, with stable inflows into SOL ETFs, and analysts predict that by the end of 2025, the price could reach the $180-$200 range. Binance Square users are actively discussing: under extreme fear index, it may be an accumulation opportunity; maintaining support at $125, a rebound testing $140 is expected.
With current volatility high, it's advised to pay attention to network dynamics and overall market interactions, controlling leverage and setting stop-losses. Solana's fundamentals are strong, with clear advantages in high performance and low fees, and the 2026 upgrade may push new highs. #美联储降息
The market has been bad recently, and scammers are out to exploit people again. @CZ posted a reminder not to be deceived. Let's all participate in building a better Binance #加密市场观察 .