1. $ETH Staked Realized Price Breakout: The surge in Ethereum's value is attributed to a breakout in the realized price of staked ETH.

2. Deflationary Phenomenon Intensifies: Ethereum is experiencing an intensification of deflationary factors, contributing to its upward trajectory.

3. Grayscale Ethereum Trust Premium Gap Narrowing: The narrowing gap in the premium of Grayscale Ethereum Trust adds to the overall positive sentiment, influencing the rise of $ETH.

RDNT analysis:

Price is currently trading within a symmetric triangle pattern and has been rejected from the upper trendline. It is recommended to wait for a test of the support area before entering new positions.

Support Area: $0.23-$0.237

Resistance Area: $0.267-$0.272

The $45k Threshold: A Turning Point for Bitcoin's Medium-Term Investors

1. Significance of $45k:

The $45k mark is pivotal for Bitcoin, representing the cost basis for investors who acquired Bitcoin 2 to 3 years ago.

2. Investor Cohort Impact:

This cohort, holding 16% of the Bitcoin supply, plays a significant role in the market dynamics.

3. Realized Cap Impact:

Investors at the $45k threshold represent 33% of the Realized Cap, underscoring their influence on the market.

This convergence at $45k marks a crucial juncture for medium-term Bitcoin holders, shaping the narrative and potential future market trends.

[XWallet Withdrawal Notification] The XWallet will be discontinued on Dec 31, 2023. Please withdraw your assets now. For inquiries, contact support@pundix.com.

LayerZero token & airdrop coming soon!

Source :
https://twitter.com/LayerZero_Labs/status/1732862812710449466?t=LnPPv1Qwr-VfE6dpFBCpJA&s=19

[MEXC Kickstarter] Win Free 375,000 NFTC & 20,000 USDT Airdrops by Voting Now!

Dear MEXC Affiliates,

📣[Initial Listing] MEXC Kickstarter - Vote NFT Combining (NFTC) to Win Free 375,000 NFTC & 20,000 USDT Airdrops!

⏰Voting Period: 2023-12-07 10:00 to 2023-12-08 09:50 (UTC)

👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 15 consecutive days before 2023-12-06 16:00 (UTC)

tamilbtc.com/mexc

MBOX analysis:

Price was rejected from the resistance area. You can open long positions if the price reaches the support area.

Support Area: $0.251-$0.266

Resistance Area: $0.335-$0.350

Make Money on copytrade | @TamilBTC @NammaCrypto https://youtu.be/6TWQ28FdHdg?si=9bEqpYWxR5G3rYXr

Bullish or Bearish on $ETH? | @TamilBTC @NammaCrypto https://youtu.be/kRB7YzO69O0?si=G-A9_0ILo2RHJDax

🚨What happened in Crypto in the last 12h?🚨

- ETH/BTC Rebound
- $JTO ➜ LSD & LSDfi
- LayerZero Airdrop Confirmed
- $HIGH Bithumb Listing
- Apecoin + Arbitrum Orbit
- $APT $200M Token Unlock
- Polygon x Flipkart
- Connext Bacco Mainnet
-
@Portalcoin
Presale

👇

• Binance's Zhao ordered by judge to remain in US until sentencing.

• ETH/BTC begins to rebound, $ETH reaches new recent high, showing strong performance of ETH-Beta. $OP $ARB $FXS $GNO

• $JTO shows strong performance following its listing on Binance, leading to a concurrent rise in the $SOL & LSD & LSDfi sector. $PENDLE $LBR $LDO $SSV $RPL

• LayerZero announces upcoming launch of its native token $ZRO, targeting distribution in the first half of 2024. $STG $RDNT

• $APE - ApeCoin community proposes governance to build ApeChain using Arbitrum's Orbit.

• $APT - Aptos will unlock 9% of the Cir supply worth $200M on Dec 11.

• $HIGH - Highstreet listed on Bithumb, trading begins at 3AM UTC today.

• $MATIC - Flipkart, India's leading ecommerce and payment giant, is launching an ecosystem chain using Polygon's CDK.

• $NEXT - Connext announces Bacco Network Mainnet Upgrade on Dec 14.

• $PYR $LAVA - Vulcan Forged announces first VulcanVerse economy update, Merchant Stage 1 on Dec 13.

• $WAVES - Waves announces release of WAVES 1.5 node on testnet.

• $XRP - Ripple and the Republic of Palau have completed the first phase of their stablecoin pilot.

• Portal announces presale event on Dec 14.

• Montenegro Court Decides to Extradite Do Kwon, CEO of Terraform Labs, to the United States. $LUNC $LUNA $USTC

* * *

Bitcoin dominance is declining and ALT/BTC is rising.

💞Please Like/Retweet to support :)

Thanks for reading!🫡

What you think?

tamilbtc.com/binance

$btc

Just to be clear: the bullish count is my primary scenario, however I always consider the bearish option.

Current location would be ideal for a B-wave termination.

If I where a bear this would be a good location to enter long term shorts.