Jillian Salzl BHUK

🚨BTC on-chain activity changes! Activity surges against the trend. Is there an unclosed signal?

In-depth analysis of the on-chain "hidden password"🔍 Understand the dark line operations of institutional funds～

Recently, BTC price has retraced📉 Many people are flustered, but on-chain data hides key signals! Analyst @TXMCtrades latest interpretation: The Bitcoin activity indicator is continuously rising, which may mean that this market cycle has not yet ended‼️

First, understand the professional concept✅:
Activity is the sum of on-chain lifetime spending and holding activities, as straightforward as the "on-chain activity long-term moving average line". When the net trading of tokens rises and the holding period declines, it will also be dynamically adjusted based on the issuance time. In a bull market, it often rises in sync with high price turnover, directly reflecting the intensity of new fund inflows💸

The most critical divergence has appeared:
Despite the current price retracement, activity is still rising against the trend📈 This indicates that the demand bottom for spot BTC has already formed, but it has not yet been reflected in the price trend! It should be noted that while activity does not constitute a direct trading signal (usually lagging behind prices), sustained positive momentum is essentially a core proof of a robust market fundamental🌟

Who is quietly acting?🤫
Behind the data hides the shadow of "smart money"—large entities are secretly laying out their positions, combined with the 2025 trend of institutions leading the crypto market, this wave of changes is likely to be low-position accumulation operations by institutional funds～ After all, on-chain data never lies, and the real supply-demand relationship will eventually be reflected in the price!

💡Investment insights:
A single indicator cannot determine life or death, but the divergence between on-chain activity and price is worth every trader's caution against "emotional traps". Combining multiple dimensions of on-chain data such as ETF positions and exchange reserves for comprehensive judgments is essential to grasp the core trend amid volatility～
Please pay attention to investment risks!!#ETH走势分析 #比特币VS代币化黄金

Cryptocurrency Bottom Signal! BWTS Indicator Divergence = Is a Rebound Coming?📈

Attention, crypto sisters! The latest share from on-chain expert Murphy about the BWTS indicator is top-notch, serving as a “weather vane” for panic selling, a must-see for professionals, so grab this valuable information quickly!💥

First, let me explain the core concept to beginners: BWTS (Behavioral Weighted Trend Signal) is not an ordinary indicator! It not only observes whether investors are panic selling BTC, but also accurately captures the selling pressure from “forced selling after holding for a period,” making it much more reliable than simply looking at price K-lines!📊

Key point! Historical data hides significant patterns:
Whenever the BWTS red line and BTC price black line show a divergence, it indicates that panic selling is gradually clearing, and a rebound or even a reversal trend is likely to follow!✨
However, be cautious of the lesson from May 2022 — after the Luna crash, the BWTS, which had originally returned to the zero axis, suddenly deviated significantly, breaking the divergence pattern, and the rebound did not turn into a reversal, instead plunging the market into a deep bear phase.😭

And now! The BWTS pattern is highly similar to the preconditions for historical rebounds! As long as this divergence pattern is not broken, it means that the rebound trend is not over yet, and now is the key moment to observe and seize opportunities!🎯

Professionals have already started to fine-tune their strategies based on on-chain data, and ordinary investors shouldn’t miss this important signal! Remember to make comprehensive judgments in conjunction with other indicators; rational layout is the key!💸

#美SEC推动加密创新监管 #加密市场观察

💡Vitalik unveils a major initiative! Ethereum is set to establish an on-chain Gas futures market, can the anxiety over transaction fees be alleviated?

🔥【Core Message】
Today, Vitalik proposed a revolutionary plan: to create a trustless on-chain Gas futures market, similar to the BASEFEE prediction market! Although Gas fees are currently low, there are doubts about whether technologies like BAL/ePBS/ZK-EVM can control costs in the long term, and the futures market will become a critical breakthrough point!

🔍【Three Core Functions of the Gas Futures Market】

1. Price Discovery: Reflects market expectations for future Gas fees in real-time, bidding farewell to blind guessing
2. Risk Hedging: Developers/whales can lock in future Gas costs to prevent sudden spikes
3. Prepayment: Supports the pre-purchase of Gas limits within specific time frames for precise budgeting

📈【Impact on Users】
▫️ DeFi Developers: Large transaction costs are manageable, project budgets are more accurate
▫️ Ordinary Users: Gas fees become transparent during swaps/transfers, saying goodbye to "sky-high miner fees"
▫️ Miners/Validators: Gain predictable income streams, enhancing revenue stability

⚙️【Technical Support】

- BAL (Blob Auction Layer): Increases block space through sharding
- ePBS (Enhanced Proposer-Builder Separation): Optimizes transaction ordering
- ZK-EVM: The ultimate scalability solution, theoretically increasing throughput by 1000 times

⚠️【Potential Challenges】

1. How to prevent price manipulation? A mechanism to guard against witch attacks needs to be designed
2. Liquidity Issues: Initial stages may face insufficient contract trading volume
3. Complexity of Mechanism: Need to balance compatibility between futures contracts and underlying protocols

🚀【Industry Impact】

- May give rise to a derivatives market for Gas fees, similar to traditional commodity futures markets
- Encourage institutional funds to enter, enhancing the stability of the Ethereum ecosystem
- Provide a cost benchmark reference for Layer2/sidechains

💬Vitalik's original words: "This is not just a financial tool, but an infrastructure that makes the Ethereum economic system more resilient."

#ETH走势分析 #加密市场观察 $ETH

😱 US economic warning has sounded! This data is scarier than 2008…

Ladies, take a look! Golden Finance has just revealed that the ratio of the Leading Economic Index (LEI) to the Coincident Economic Index (CEI) has dropped to 0.85! This is the lowest value since the 2008 financial crisis, and it has been falling for four consecutive years 📉

Key point 👉 Historically, whenever this ratio drops like this, the US economy is definitely entering a recession! Just think about the terrible situation in 2008… it really sends chills down your spine 😰

For those who don’t understand, here’s a quick explanation:
✅ LEI is the “economic weather forecast,” looking at consumer expectations, new factory orders, and other leading data
✅ CEI is the “economic real-time temperature,” with non-farm payroll numbers being a key indicator
Now the gap between “forecast” and “real-time” is getting larger, indicating that future troubles may be even more than what we see now…

👉 What should ordinary people pay attention to?

1. The volatility of dollar assets may increase, so those holding US stocks and bonds should monitor the market closely
2. The global supply chain may face further shocks, so online shoppers can stock up on essentials in advance
3. When risk aversion rises, assets like gold and high-quality bonds can be of more interest

Although it’s not yet time to panic, it’s always good to prepare in advance! After all, the economic cycle is astonishingly similar throughout history…

Do you think this will repeat 2008? Let’s chat in the comments below～👇
#ETH走势分析 #美联储重启降息步伐

BlockBeats message, December 6th, CryptoOnchain posted on social media that the Bitcoin SOPR ratio has fallen to 1.35, the lowest level since early 2024. As Bitcoin retraces to $89,700, this indicator shows that the market's profitability has undergone a comprehensive 'reset.' The phase of significant profit-taking by long-term holders is waning, indicating that selling pressure is nearing exhaustion.

Historical data shows that when the market cools down, a drop in the SOPR ratio to this low level often suggests that a local bottom is forming. If a trend reversal occurs at this time, it could lay the foundation for the next round of a healthy upward trend.

BlockBeats Note: The Bitcoin SOPR Ratio (referred to as SOPR Ratio) is a relatively advanced indicator in cryptocurrency on-chain analysis. It is a 'ratio' version derived from the Spent Output Profit Ratio (SOPR) and is mainly used to determine whether the overall market is in a profit-dominant or loss-dominant state, thus assisting in judging the stage of the bull-bear cycle #比特币VS代币化黄金 #美SEC推动加密创新监管

💥Analysis of the future market for ETH! Insights from industry leaders have arrived, how should we view this wave?👇

📰According to PANews, CoinShares research director James Butterfill stated:
✅The bubble of digital asset reserve companies has burst, and the market value of some enterprises has fallen back to 1 times net assets.
✅Market direction depends on corporate strategy: sell-off or hold for rebound?
✅He is more optimistic about the latter, due to improvements in the macro environment + expectations of interest rate cuts in December.
❌Structural issues remain a hard injury: investors' tolerance for income-less equity dilution has plummeted.
✅Strong companies are incorporating BTC into treasury management, and the industry is moving towards healthy development.

💡In light of ETH's current situation, the following signals are worth paying attention to:

1. Institutional movements are polarizing🔥
• Giants like BlackRock continue to increase their holdings of ETH, with institutional holdings exceeding 18%.
• However, organizations like Grayscale have transferred over 2.91 million coins (worth over $8.5 billion) to exchanges in the past two months.
• The key is whether it is accumulation or profit-taking above $3000.
2. Continuous technical upgrades💻
• Danksharding's sharding technology will increase TPS to over 20,000, and transaction fees are approaching zero.
• After sharding is fully implemented, it may impact 100,000 TPS, completely unlocking valuation space.
3. The options market has hidden currents📊
• Intense battles in the $2850-$3100 range.
• The GEX indicator suggests there is still upward space in the short term, but caution is needed for the $2900 support test.

⚠️Risk warning:
• Divergence between bulls and bears in the derivatives market is intensifying.
• Regulatory policies remain a potential variable.

The text is compiled based on public information and does not constitute investment advice. #ETH走势分析 #加密市场观察 $ETH

Combining Vitalik Buterin's recent article and the previously published roadmap, Ethereum's future upgrades will focus on two core directions: strengthening the hard rules of the protocol and the "three-step" ecological optimization. The specific content is as follows:

1. Three new types of hard limit rules: This is the recent core upgrade direction emphasized in his article published on December 4. The first is to limit the amount of code bytes that can be accessed in a single transaction, which will short-term increase the cost of calling large contracts, and medium-term use binary trees for storage along with block-based billing; the second is to limit the operation cycle of ZK-EVM (Zero-Knowledge Proof Ethereum Virtual Machine) validators and adjust related fees to avoid network bottlenecks caused by proof data from Layer 2 solutions; the third is to optimize memory billing, setting a clear upper limit for the maximum memory consumption of the Ethereum Virtual Machine, reducing the risk of client attacks.
​
2. "Three-step" long-term ecological upgrade: The roadmap announced at the September developer conference in Japan. In the short term, it aims to increase the L1 layer gas limit, combined with zero-knowledge proof EVM and other technologies to enhance the throughput of the mainnet; in the medium term, focus on cross-Layer 2 interoperability, while strengthening privacy protection in scenarios such as payments and DeFi operations through technologies like zero-knowledge proofs; in the long term, the goal is to create a secure, simple, quantum-resistant, and formally verified streamlined version of Ethereum, optimizing cryptographic primitives like hashes and signatures.
$ETH #ETH走势分析

In addition, Ethereum plans to change the major upgrades from once a year to twice a year with an accelerated pace of hard forks, with a significant upgrade called "Glamsterdam" set to be launched in 2026.

https://s.binance.com/6ipYtAET?utm_medium=web_share_copy
Password:BPURVMW5IB #ETH走势分析 #加密市场观察

#加密市场观察 #ETH走势分析 Last night the crypto world exploded: USDT against the RMB rarely broke 7! A screen full of questions “Why did U drop?” But ETH rose by 10% in a single day, isn't the price increase more appealing than trading U?

This wave of volatility is the result of two major changes colliding:

1. The Federal Reserve may face a "rate cut wave": Trump plans to replace Powell, and with his confidants in charge of the Federal Reserve, there is a high probability of significant rate cuts, with a nearly 90% chance of a rate cut in December. The weakening dollar is driving the appreciation of the RMB, and the price of U breaking 7 is just the beginning;
​
2. The University of Tokyo is cracking down on gray channels for stablecoins: strictly combating illegal currency exchange and money laundering, some people are selling U to avoid risks, leading to an increase in supply and a dramatic drop in the exchange rate.

The seemingly contradictory situation of “U dropping while coins rise” actually hides the core logic of the market: with expectations of dollar depreciation, cryptocurrencies are becoming a reservoir of funds; industry regulation is beneficial for long-term clearing; pressure on U prices is often a signal before the start of a bull market.

New investors are anxious that “U will be harvested,” while old investors remain calm and buy the dip: exchanging U at a low price, waiting for the exchange rate to rise to secure profits. The logic has changed; are you anxious about the exchange rate, or are you seizing the opportunity?

#apro $AT From a programming novice to an automated trading practitioner, APRO helps newcomers in the crypto space avoid detours✨

As a programming enthusiast who has just started exploring cryptocurrencies, I have been looking into the combination of "technology + trading" until I discovered the efficiency and convenience of decentralized finance! As an Oracle protocol focused on cross-chain data interaction, it not only solves the latency and security pain points of traditional oracles but also plays a key role in the ecosystem with its native token— from node staking to governance voting, from data verification to transaction fee deductions, every application allows holders to deeply participate in ecosystem construction.

When I tried to connect to APRO's open API using Python, I found its documentation clear and easy to understand, allowing even newcomers to quickly implement data calls and strategy adaptations, which is very friendly for those who want to develop automated trading scripts! Currently, APRO has supported multiple mainstream public chains, and the ecosystem partners are continuously expanding, with the value support of $AT also being reinforced. I believe that with the improvement of Web3 infrastructure, APRO will become the choice of more developers and traders, and I look forward to witnessing the growth of $AT together with you～

Today, the cryptocurrency market is rationally consolidating at high levels. The advancement of U.S. regulations and the interplay of macroeconomic data bring mild disturbances, yet also highlight the market's increasing maturity. Bitcoin is gathering strength around $92,000, and breaking through the resistance of $93,000 to $95,000 will open up upward space, while the support at $88,000 to $90,000 remains solid; Ethereum is oscillating based on the support of $3,050, with the Fusaka upgrade providing fundamental support. After stabilizing above $3,200, it is expected to advance towards $3,400. In the short term, attention should be paid to the momentum of breaking through key price levels, rationally viewing fluctuations, and patiently accompanying the trend for clearer stability～😁😁😁😁
$BTC $ETH #加密市场观察 #ETH走势分析

#美联储重启降息步伐 The Federal Reserve's restart of interest rate cuts has far-reaching effects on the cryptocurrency market. In the short term, it may decline due to the 'selling the fact' effect, but in the long term, it will benefit from factors such as loose monetary policy and asset allocation needs. Here is a specific analysis:

- Short-term price volatility: When the interest rate cut news is announced, the cryptocurrency market may experience a price correction. The market usually anticipates and positions itself for the interest rate cut in advance, and when the cut actually occurs, funds may take profits, leading to a price decline. For example, after the Federal Reserve's first interest rate cut of 25 basis points in September 2025, the BTC price temporarily fell to around $115,800, and ETH hovered around $4,500, accompanied by over $154 million in leveraged liquidations.
- Increase in market risk appetite: Interest rate cuts will expand US dollar liquidity, reducing the opportunity cost of holding non-yielding assets, making investors more willing to take risks, which in turn boosts the risk appetite in the cryptocurrency market. As the core asset of the market, Bitcoin's 'digital gold' attributes will further stand out in a loose monetary environment, making it more favored by investors.
- Driving institutional capital inflow: Interest rate cuts lower funding costs and enhance the investment attractiveness of cryptocurrencies such as Bitcoin. Traditional financial institutions will allocate Bitcoin through spot ETFs, trust products, and gradually incorporate it into mainstream asset portfolios. Since 2025, the cumulative inflow of BTC spot ETFs has exceeded $46.6 billion, and BlackRock's IBIT fund has surpassed $51 billion in managed assets.
- Altcoins welcome structural opportunities: When Bitcoin's dominant position remains relatively stable, the altcoin market may present structural opportunities. Infrastructure tokens like Ethereum, with their DeFi scalability and staking yield advantages, along with Solana, XRP, and others due to the promotion of real asset tokenization, will see value reassessed. In September 2025, the altcoin season index rose to 82, with mainstream altcoins showing excess returns relative to BTC.
- Long-term upward price trend: In the long run, the interest rate cut cycle will cause funds to flow out of markets such as government bonds in search of higher-yielding assets, with digital currencies becoming one direction for the flow of funds. For example, the Federal Reserve's aggressive interest rate cuts and quantitative easing in 2020 opened a significant growth phase for mainstream digital assets. With the continuation of the interest rate cut cycle, the cryptocurrency market is expected to usher in a long-term upward price trend. $SOL