The market is down, with hype in small coins:*
*1. Large caps - the most traded, all in the red:*
- *BTC: $74,195*, -0.27%, holding 73,500
- *ETH: $2,080*, -1.89%, weaker than BTC, broke below 2,100
- *BNB: $687*, +0.5%, the only large cap holding steady
- *SOL: $84.37*, -3.13%, the weakest large cap today
- *XRP: $1.06*, -2.94%
Bottom line: 34 of the 50 largest coins are down, and only 16 are up. Market fear is at 32.
*2. Trending the most - speculative gains, not investing:*
- *INIT: $0.20, +63%*, volume of 72.5 million. A short squeeze after the network came back online following the hack; not fundamental news. RSI 65, nearing overbought territory.
- *PIEVERSE: $2.06, +41%*, volume of 145 million. The strongest rising large coin today, RSI 88.8, extremely overextended; don't chase it.
- *QI: $0.0021, +29%*
- *ONE: $0.0017, +20%*
- *CYBER: $0.312, +16%*, volume of 106 million, volume up 70% in an hour.
- *KAN: $0.011, +97%* in an hour, but its volume is weak; pure speculation.
*3. Biggest decliners:*
- *PARTI: -24%*
- *ARB: $0.165, -8.9%*, and this matters because it's a major project, not a small one
- *QNT: -9%*
#HotCPIDecemberHikePriced #NvidiaInvestigatesAfterHuang’sAffairApology #ADPWeeklyEstimateShowsUSPrivatePayrollsUp19750 #BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq
$BTC
$ETH
$SOL
*1. Large caps - the most traded, all in the red:*
- *BTC: $74,195*, -0.27%, holding 73,500
- *ETH: $2,080*, -1.89%, weaker than BTC, broke below 2,100
- *BNB: $687*, +0.5%, the only large cap holding steady
- *SOL: $84.37*, -3.13%, the weakest large cap today
- *XRP: $1.06*, -2.94%
Bottom line: 34 of the 50 largest coins are down, and only 16 are up. Market fear is at 32.
*2. Trending the most - speculative gains, not investing:*
- *INIT: $0.20, +63%*, volume of 72.5 million. A short squeeze after the network came back online following the hack; not fundamental news. RSI 65, nearing overbought territory.
- *PIEVERSE: $2.06, +41%*, volume of 145 million. The strongest rising large coin today, RSI 88.8, extremely overextended; don't chase it.
- *QI: $0.0021, +29%*
- *ONE: $0.0017, +20%*
- *CYBER: $0.312, +16%*, volume of 106 million, volume up 70% in an hour.
- *KAN: $0.011, +97%* in an hour, but its volume is weak; pure speculation.
*3. Biggest decliners:*
- *PARTI: -24%*
- *ARB: $0.165, -8.9%*, and this matters because it's a major project, not a small one
- *QNT: -9%*
#HotCPIDecemberHikePriced #NvidiaInvestigatesAfterHuang’sAffairApology #ADPWeeklyEstimateShowsUSPrivatePayrollsUp19750 #BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq
$BTC
$ETH
$SOL