Yesterday, the crypto market experienced a collective correction, and the first CME gap was finally filled. The market volatility was quite significant. Interestingly, while the US stock market weakened, the crypto space instead stabilized and did not follow the downward trend sharply.
Bitcoin has already returned to the position of the first CME gap and is currently rebounding. More notably, a new CME gap appeared last week, adding several uncertainties to the subsequent market movements. With Friday approaching, the weekend trend is likely to release some key signals.
Ethereum's liquidity is quite good. Whether it’s rising or falling, the coherence is strong, generally swinging in sync with Bitcoin’s rhythm. This correlation has been quite evident in recent weeks.
SOL’s recent movements are worth noting. In the low-price range, community influencers started to turn bullish. During this correction, SOL’s rebound was the strongest, with the smallest retracement. The key point is that on-chain activity and trading heat have not decreased much, remaining high. This direction is indeed worth continuing to follow.
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GateUser-afe07a92
· 1h ago
SOL is really strong this time. It surged from the lows with a bullish trend, and activity remains high. There's something here.
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JustAnotherWallet
· 01-10 01:32
The strength of SOL's rebound this time is truly amazing. It's not without reason that big influencers are bullish.
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TokenStorm
· 01-09 04:05
CME gap is just a probability game, don't take it as gospel. I believed in it last time and got trapped for two days.
SOL's recent rebound data is indeed impressive. I noticed that on-chain activity hasn't decreased, but this could also be the last frenzy. Who can say for sure?
Weekend signal? Uh... I bet on continued volatility. Anyway, we'll see by Monday. The risk factor is too high, so I'm just watching the show these days.
The resilience of the crypto market is interesting. When US stocks fall, it remains stable. This divergence usually doesn't last too long.
ETH's liquidity is indeed good. Just follow BTC's swings, nothing new.
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ProbablyNothing
· 01-09 03:58
SOL's rebound this time is really fierce; the big influencers' bullish outlook is not without reason.
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DAOdreamer
· 01-09 03:37
The crypto market has indeed shown resilience this time. While the US stock market drops, it remains stable. Interesting, huh?
SOL's rebound this time is incredible, with activity levels unchanged, and big influencers are still bullish.
How the weekend gap will be filled depends on the situation.
ETH is just following BTC's lead, what else can it do?
Yesterday, the crypto market experienced a collective correction, and the first CME gap was finally filled. The market volatility was quite significant. Interestingly, while the US stock market weakened, the crypto space instead stabilized and did not follow the downward trend sharply.
Bitcoin has already returned to the position of the first CME gap and is currently rebounding. More notably, a new CME gap appeared last week, adding several uncertainties to the subsequent market movements. With Friday approaching, the weekend trend is likely to release some key signals.
Ethereum's liquidity is quite good. Whether it’s rising or falling, the coherence is strong, generally swinging in sync with Bitcoin’s rhythm. This correlation has been quite evident in recent weeks.
SOL’s recent movements are worth noting. In the low-price range, community influencers started to turn bullish. During this correction, SOL’s rebound was the strongest, with the smallest retracement. The key point is that on-chain activity and trading heat have not decreased much, remaining high. This direction is indeed worth continuing to follow.