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1. Volume: High volume on declines (291M vs avg 200M, spike to 650M mid-June) → strong selling and capitulation signs.
2. Capital Flow: Net outflows everywhere – spot 24h -7.2M, contracts 24h -30M, 7d -108M. Short-term minor inflows but weak.
3. Price Action: Down since early June, failing supports repeatedly. Long lower wicks show dip-buying but no follow-through. Consolidating near yearly lows → possible exhaustion.
#SUİ #SUIUSDT Cautious short
Entry: - Near resistance 1.485–1.495 - Or break below 1.430 (downtrend confirmation)
SL: 1.515–1.565
TP: - TP1: 1.36 - TP2: 1.25
**Rationale: Trend clearly down with distribution flows, but oversold near lows. {future}(SUIUSDT)
* Rationale: Overall bearish but heavily oversold, flow divergences, and strong support zone point to likely bounce. Watch BTC closely as market sentiment is fragile.
* Rationale: Overall bearish but heavily oversold, flow divergences, and strong support zone point to likely bounce. Watch BTC closely as market sentiment is fragile.
Currently, although BTC has plummeted nearly 35% from its high of $126,000, the overall trend should still be viewed as bullish. The short-term adjustment has fully absorbed the "five-fold impact," and selling pressure is nearing its end, with the long-term upward logic unchanged.
Core support comes from valuation reconstruction and institutional allocation dividends. JPMorgan estimates its reasonable valuation at $170,000, significantly undervaluing the current price. On-chain data shows that whales and long-term holders continue to accumulate at low levels, with mining costs forming a solid bottom support at $90,000. A new round of increases is brewing.
Although there is short-term uncertainty from regulatory aspects, the acceptance of traditional finance continues to deepen, with Bitcoin being recognized as collateral by mainstream institutions, gradually reinforcing its "digital gold" attribute. Current leverage levels have retreated, and volatility has converged, leading the market into a phase of consolidation. Short-term fluctuations do not alter the structural upward trend, and medium to long-term allocation value is becoming prominent. $BTC
The 'Stablecoin' Ponzi Scheme - The USDD Collapse Incident.
A certain team launched an 'algorithmic stablecoin' called USDD, claiming to be pegged to the US dollar with dual backing of 'mining pool profits + on-chain assets', promising users a static return of 0.5% daily after depositing mainstream cryptocurrencies to exchange for USDD, and also offering dynamic rebates of 10%-30% for bringing in new users.
The project did not establish a real algorithmic arbitrage mechanism, and the so-called 'on-chain reserve assets' were fabricated through fake contracts to create false holding data. Initially, it relied on funds from new users to pay returns to old users, creating the illusion of 'high returns with zero risk', attracting over 100,000 users in just three months and raising over 8 billion RMB equivalent.
When the new funds could no longer cover the redemption pressure, the project suddenly announced that 'the on-chain was attacked by hackers and the reserve assets were stolen', immediately closing the deposit and withdrawal channels, and the core team absconded with the funds. Subsequent investigations revealed that the project had already transferred over 60% of user funds through overseas anonymous accounts shortly after its launch, with the remaining funds used to pay promotional commissions and create fake trading flows.
In the end, participating users were left with almost nothing, and this case became a typical example of 'no real reserves + Ponzi model' in the field of algorithmic stablecoins.
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How much money does the mysterious buddy really have?
How much money does the mysterious buddy really have?❓#麻吉大哥 An hour ago, Buddy finally closed out the long position he held for more than four days $ETH with a final loss of 1.872 million dollars, leaving only 15,919.64 dollars in the account. As a result, there have been six consecutive losses on the long road, totaling 2.49 million dollars, while Buddy's Hyperliquid account has accumulated a loss of 21.25 million dollars since May of this year.
Just less than two months ago, his account was close to 60 million dollars. Steadily making money since June, peaking in September, and then nearly going to zero in November, it only took 47 days. Honestly, this storyline is really not new in the crypto circle. In the end, he just got caught in high leverage: when the market first dropped, not only did he not stop loss, but he kept adding positions trying to hold on, resulting in even bigger losses, and finally a complete collapse.
$GIGGLE brings funding, Max brings users, the scarcity of Max's strategic value: Filling the 'Infrastructure Black Hole' of CZ's Vision.
Let’s start with the conclusion: $GIGGLE brings funding, Max brings users, and when quantitative changes bring qualitative changes, we will see a huge pump.
Introduction: The Scarcity of Strategic Value: Filling the 'Infrastructure Black Hole' of CZ's Vision. CZ's charitable efforts face a significant infrastructure challenge: The concept document for Giggle Academy clearly states that 'internet and device access' are key issues for its target market, but this is not within the core software expertise of @GiggleAcademy, and external partners must be sought to address this. Max has taken on this most challenging and costly 'Organizational Partnership Path' function by harnessing the power of the community.
Volume: High volume on big down moves (e.g., drop to 0.7610 low). Latest candle super low volume (721k) — selling pressure paused, maybe consolidating, but no strong buyers showing up.
Volume: High volume on big down moves (e.g., drop to 0.7610 low). Latest candle super low volume (721k) — selling pressure paused, maybe consolidating, but no strong buyers showing up.