Stablecoins have settled more than $7 trillion in value, a record-breaking value compared to previous years.

BTC and ETH open interest halves since early November

#BNB/USDT Technical Update:-

$BNB currently trading around $248 and went down to $220
Which is -32% from our Analysis.

Hope you are happy.

Now I am expecting Still BNB is bearish and It can hit below $100

Which will be best entry zones.

Support:- $210/$80
Resistance:- $360

Trade on cryptoIndia.link

Bitcoin is trying to break the resistance area. Price is continuously testing the resistance but unable to go above it. A break above the resistance will send us toward $17,900-$18,200 local resistance area. The support level remains the same. Bitcoin is trading in the range for more than 3 months and we will see a big breakout soon.

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COTI analysis:

COTI is trading in the range and seems like accumulation is going on. There is hardfork coming on 29 December and we might see some movement at the event. The next major resistance is the $0.066-$0.0665 area and we may see a possible retest of this zone.

If you want to make your next bull run profitable, follow these tips:

• Perform DCA
• Look for new trends
• Don’t get trapped by FOMO
• Have an entry & exit strategy
• Don’t get addicted to leveraged trades

What are we missing?

#Huobi Has Completed the 2nd Distribution of $LUNA (Terra 2.0) #Airdrop.

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🚨 Beware while you trade on Huobi ! They opened trading while deposits suspended ! You know what it does mean 😏

Huobi Trading started at 40+ usdt and deposits are suspended. Which raise doubts who is selling if no one can deposit!

Meanwhile total supply as per whitepaper is 80bn which means 3.2Tn FDV.

Circulating supply also around 1-2bn. But supply in Huobi must be close to 0 except Huobi team itself selling their own stack. Too much shady behaviour by Huobi.

There are at least one whole bitcoin on 977,424 addresses. This is a new record, representatives of Glassnode note, which means that investors continue to accumulate the first cryptocurrency in the current market conditions.

⚡️MARKET MOVEMENT⚡️

While macro has been the main driver behind crypto price action throughout most of the year, this changed after the FTX implosion. Correlations dipped to as low as 0.17 immediately following the collapse and have stabilized below 0.6.

Overall, despite briefly decoupling from US equities markets, crypto is not insulated from the broad macro backdrop.

#Bitcoin's ranging prices have a lot to do with declining whale interest. This chart illustrates how closely #BTC and $1M+ valued whale transactions correlate. If prices continue sliding and a spike occurs, this would be a historically #bullish signal.

ETH - Deflationary tokenomics at play, EIP1559 effect. Demand for ETH is expected to rise in long term and so is the ETH Price.

வரும் ஆண்டு உங்கள் அனைவரின் நியாயமான விருப்பங்கள் அனைத்தும் நிறைவேறும் ஆண்டாக அமைய அனைவருக்கும் அன்பு வாழ்த்துகள்.

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#Huobi to Extend Fee-Free Promotion for #USDD -Related Trading Pairs!

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New Listing on #Huobi

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