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The market is still in a big pump, and various project parties of major coins are starting to release positive news. Against the backdrop of the trending pump, only pigs will not go to the moon. TRB, ADA, and Sui have all increased by more than 30% in a day. Shorting frens continue to have a bearish mindset, not realizing that many strong altcoins are gathering momentum to go to the moon. Many coins have a long-term upward trend in the short term, so do not short in the background of long positions. In summary, the key points of the afternoon are:
1: ADA founder Charles Hoskinson
Confirmed as the Chief Policy Advisor for Cryptocurrency in the United States, Ada has experienced a big rise
2: Grayscale BTC Mini Trust ETF and ETH Mini Trust ETF will start stock splits on November 19th in reverse. The BTC fund will undergo a 1-for-5 split, and the ETH fund will undergo a 1-for-10 split, attracting more OTC funds to enter.
3: Next week, there will be 15 Token unlock events, with STRK and CKB having relatively large unlocks. It is advisable to secure the unlocked coins first.
The 47th President of the United States will officially take office on January 20, 2025, and the market will continue to speculate on the 1.20.
5: This week, the ETH spot ETF had a net inflow of $154.7 million, and institutions increased their holdings by 54,818.32 ETH, with a cost of between 2,400-2,700
6: Before the Prague upgrade of ETH in early next year, there will be a pullback wave. Pullback is an opportunity to get on board.
7: Pay close attention to the liquidation volume of BTC and ETH contracts, and if the liquidation volume is high, remember to close short-term long positions.