Aguofthe
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#Bitcoin long/short ratio on Binance is at its highest level this cycle.
So many people are trying to time the bottom.
My personal view is that prices are currently accumulating.
I foresee a rise in early December.
$BTC $ETH
#BitcoinPriceWatch
#CryptoMarketWatch
#TopGainersInADownMarket
BTC2.77%
ETH6.79%
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Bitwise 10 Crypto Index ETF $BITW has begun trading on NYSE Arca as an ETP
BITW is the world's largest crypto index fund with $$1.25B AUM, tracking $BTC, $ETH, $XRP, $SOL, $ADA, $LINK , $LTC , $SUI , $AVAX, and $DOT.
#DecemberMarketOutlook
LTC1.63%
LINK3.46%
SUI2.73%
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#Amazon to invest $35 billion in India and create one million jobs by 2030
$AMZNX
AMZNX0.66%
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#Trump will start interviewing finalists for the next Fed chair this week, FT reported.
Trump and Bessent are expected to hold at least one interview next week, before announcing the final decision in early January
#DecemberMarketOutlook
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#Ethereum whales and sharks accumulated ~934,240 ETH ($3.15B) over the past 3 weeks while retail dumped 1,041 ETH, pushing $ETH up 8.5% back to $3,400, per Santiment.
#DecemberMarketOutlook
ETH6.79%
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TOTAL Market Cap stuck between the June low & 10th of October flush low.
Whichever direction the market chooses to go from here, will be telling for the weeks ahead in my opinion.
Get back above the 10th of October low, and you can targetting the green zone.
Losing the June lows again would set this up for another test of the local lows from November.
#DecemberMarketOutlook
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Tidal Trust filed for a Bitcoin AfterDark ETF that would only hold Bitcoin during off-market hours.
ETF analyst Eric Balchunas says most $BTC gains occur after hours, suggesting the strategy could capture better returns.
BTC2.77%
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#Elon Musk 's #SpaceX is reportedly preparing for an IPO in 2026 that would raise $30 billion and value the company at $1.5 trillion.
This would make SpaceX the largest IPO in history.
$TSLAX
TSLAX2.11%
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Investors can't get enough silver:
Physical silver-backed ETFs posted +15.3 million ounces in net inflows in the first 4 days of last week, the 2nd-highest weekly total this year.
This nearly matches the +15.7 million ounces recorded during the entire month of November.
#Silver #ETFs are now on track to attract their 10th monthly inflow this year.
Furthermore, the biggest silver ETF, $SLV, saw nearly +$1 billion in net inflows last week, exceeding intakes of the largest #gold fund.
$XAUT
XAUT0.48%
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Asia is now the biggest buyer of $BTC
The US has also flipped as a net buyer, while the EU is the only seller.
BTC2.77%
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October JOLTs job openings came in at 7,670,000 vs 7,117,000 expected.
Labor market seems to be recovering now.
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Eldest son of Malaysia's king is launching RMJDT, a ringgit-backed stablecoin supported by cash and Malaysian government bonds, per BBG.
#DecemberMarketOutlook
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$BTC is still consolidating around the $90,000 level.
ETF inflows have slowed down, which is the reason #Bitcoin is unable to break above the $93,000-$94,000 level.
#DecemberMarketOutlook
#BitcoinPriceWatch
BTC2.77%
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$ETH is holding above the $3,100 level.
Some strong bids are there around the $3,000-$3,100 level to support the price.
On the upside, the major resistance zone is $3,300-$3,400.
If #Ethereum breaks above it with strong volume, a rally towards $3,700-$3,800 could happen within a few weeks.
#DecemberMarketOutlook
ETH6.79%
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TWO MAJOR CRYPTO MEETINGS THIS WEEK!
TODAY: Democrats and Republicans meet to discuss the crypto market structure bill.
THURSDAY: Senators meet CEOs of Citi, BofA, and Wells Fargo to discuss crypto legislations.
#DecemberMarketOutlook
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ETH, SOL and XRP spot #ETFs saw net inflows on Dec. 8, while BTC spot ETFs saw net outflows.
$BTC : - $60.48M
$ETH : $35.49M
$SOL : $1.18M
#XRP : $38.04M
#DecemberMarketOutlook
BTC2.77%
ETH6.79%
SOL4.97%
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#Tether joined a €70M funding round for Generative Bionics to develop humanoid robots for industrial deployment in Italy.
#DecemberMarketOutlook
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#Bitcoin supply on exchanges dropped by 403.2K $BTC over the past year, signaling reduced selling pressure and lower risk of major sell-offs, per Santiment.
#BitcoinActivityPicksUp
BTC2.77%
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Bernstein analysts say #Bitcoin has broken its 4-year cycle pattern and is now in an elongated bull cycle, raising price targets to $150K in 2026 and $200K peak in 2027
BTC2.77%
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#JOLTs Job Openings for both September and October are released today.
Two months of key labor market data right before tomorrow's FOMC interest rate decision.
Expect volatility
#FedRateCutPrediction
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