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Despite a 10% price increase in October, Shiba Inu (SHIB) shows signs of potential correction as bearish trends emerge.
Ripple XRP’s trading volume rose significantly, and transaction costs on the network dropped as the firm saw a notable uptick in microtransactions.
Both U.S. presidential candidates recognize cryptocurrency’s importance, courting crypto voters with policies favoring digital asset freedom. Bitwise CIO Matt Hougan views elections as beneficial regardless of winner, highlighting cryptocurrency’s growing regulatory framework.
This week, Dogecoin rallied 20% amid strong demand, while Goatseus Maximus and Moo Deng faced sharp declines due to bearish trends.
- 03:07MemeFi is now live on Sui Network, with a 24-hour increase of more than 75%On November 27, according to MemeFi's official tweet, MemeFi has officially launched Sui, becoming the first GameFi project that spans the TON+SUI dual ecosystem. The number of MemeFi chain holders has exceeded 2.5 million. In addition, MemeFi will also provide detailed documents for this airdrop and the roadmap after the token TGE. MemeFi's popularity on Telegram continues to be hot. On November 26, the perpetual contract transaction volume reached 1.5 billion US dollars, and the current price is 0.01131 US dollars, with a 24-hour increase of more than 75%.
- 03:00Top trader Eugene: Have bought ETH during the market downturnTop trader Eugene Ng Ah Sio posted, "I bought some ETH during this dip. Although the market signals are still not very clear, the trends of BTC and MSTR imply that the Bitcoin train has clearly stopped." According to the most basic "10 IQ capital flow logic", it should be ETH's turn to rise now, and its current price around 3000 dollars seems like a bargain.
- 02:56Analyst: Bitcoin daily line shows adjustment, altcoins remain resilientAccording to analyst Duck Army on platform X, Bitcoin (BTC) displayed a small bearish candle with upper and lower wicks on its daily chart, indicating a normal downward adjustment with slightly higher trading volume than the day before yesterday. The daily MA30 remains on an uptrend, but the MACD indicates a shift from weakening bullish momentum to strengthening bearish momentum. Nevertheless, the candle began to shorten and formed a pattern similar to a doji, suggesting weakening bearish momentum, which makes a significant further downturn unlikely. A rebound is expected after some consolidation, with potential target levels between $96,000 and $98,000. It's noteworthy that despite Bitcoin's retracement, altcoins showed strong resistance to the drop, with some even rising against the market trend. The focus might shift to those altcoins that have had minimal gains at the bottom, which are expected to experience a catch-up rally. Technical indicators place Bitcoin's daily resistance levels between $94,600 and $126,000, with support levels ranging from $87,400 to $79,830. From a short-term trading perspective, the market is currently experiencing a rebound at the 8-hour level of the daily MA30, returning to a 10-minute bounce within the 8-hour support zone. It is suggested to go long at $90,600 and enter short positions between $93,200 and $94,320, while closely monitoring stop-loss points. According to the liquidation heat map, there are substantial unresolved short positions in the $94,750 to $101,900 range, and a large number of long positions provide support between $90,800 and $88,600.