In recent days, the biggest advocate for Ethereum, Tom Lee, stated that the $3,000 Ethereum is severely undervalued, and he provided his price prediction for Ethereum in the medium to long term. Medium-term goal (2026): His main target range is $7,000 to $9,000. He believes that Ethereum's strong fundamentals and the influx of institutional funds will drive it to this level. Long-term extreme target: Lee proposed a highly explosive long-term prediction: $62,000. This target is based on the scenario that the ETH/BTC exchange rate reaches 0.25. He believes that if Ethereum truly becomes 'the future of global finance' and a major settlement layer, this ratio is achievable.
$CRCLon Now is the best opportunity to stack CRCL during this interest rate cut cycle. Compared to AI stocks, it’s gradually becoming cheap enough to accumulate. Don't use leverage.
Alpha important update, blind box mode will start! Expected to launch on February 11, random consumption of points across multiple projects to obtain tokens from one of the projects, this is interesting, in the past good projects everyone stocked up on points, now it’s about luck! #ALPHA🔥
Summary of the October 11 Crypto Market Flash Crash Event
Just now, Binance officially announced a review of the crypto market flash crash event on October 11, as well as response measures, to address the recent FUD from Western community trolls regarding Binance. I will summarize it for everyone! 📉 The three main external causes of the market flash crash This market fluctuation is defined as a systemic macro risk event, rather than being triggered by a single platform: Macroeconomic Shock: Affected by trade friction news, global financial markets (including US stocks) plummeted, and the crypto market triggered a chain liquidation due to high leverage (with open contracts exceeding 100 billion US dollars). Liquidity contraction of market makers: Extreme volatility triggered the automatic risk control mechanism of market makers, leading to a sharp reduction in order book depth and amplifying price declines.
From yesterday to today, the entire market has been completely against Binance Life. Last night when the BTC market dropped, Life just followed for a moment and then immediately rebounded. This morning, as gold and silver accelerated their decline, cryptocurrencies also fell, but Life only dropped a few points and quickly recovered. If there is another pullback, I will continue to increase my position, feeling that Life will experience a second wave of market after spot trading. #BinanceLife
Binance is great, we should use Binance more. Last month, the DOLO bonus from investments was issued! Binance is generous! @Yi He Thanks to Sister Yi, for investments, go with Binance.
Is the four-year cycle still in effect? Recently, many veteran figures in the cryptocurrency space, including CZ and Cathie Wood, have mentioned the super cycle. They believe that the four-year cycle is weakening due to the entry of global institutional capital such as Wall Street and the Trump administration's policies towards cryptocurrencies. The cryptocurrency market is expected to enter a super cycle. This includes insider wallets that shorted BTC for a profit of 100 million on October 11, which recently publicly went long on ETH, BTC, and SOL. As of today, their holdings are worth 700 million USD, currently at a loss of 80 million USD. Twelve hours ago, they just deposited 20 million USDC to increase the margin ratio. Right now, retail investors are generally bearish and selling, while institutions are buying, and many large investors are also bullish. Huobi has also gone long on Ethereum, and there are expectations of interest rate cuts ahead. Silver and gold are both rising, and the global stock markets are performing well, so why is there no sign of a bottom in the cryptocurrency market? #ETH🔥🔥🔥🔥🔥🔥