ETH falls below the $3600 mark
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OKX-ETH/USDT is currently trading at $3600.79, with a 5-minute drop of 0.61%. Please be aware of market fluctuations.
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OKX-ETH/USDT is currently trading at $3600.79, with a 5-minute drop of 0.61%. Please be aware of market fluctuations.
Click on the link to enter the meeting: https://meeting.tencent.com/p/4763358206 Good evening, I am Jiuye. Yesterday we talked about the second wave of accelerated decline and the market will soon come. Today, it arrived as scheduled. Yesterday, in terms of strategy, the community made 7 short and long orders, all of which took profits and were eliminated! From the current technical perspective, Bitcoin has fallen below the acceleration level of 106000. After falling below, the current low point has reached around 103700, only 1700 points away from the previous low point. It is expected to fall below 102000 tonight to test the first line support of 98000. Do not buy at the bottom or go long in the short term! Ethereum has also arrived around 3450 as scheduled, swallowing up the lower lead of the last pin. The lower segment is parallel to support 3350, and the key upward trend supports the neck line position around 3150-3180. If a pin is inserted, it is important to check the rebound strength at this position Member group contact assistant Safew account @ BTC6688 Safew fan group https://sfw.vc/HanBingHBJX The future fan base is on the Safew software, and Apple requires a foreign ID to directly search for Safew and download it from the Apple Store Open the browser on Android and search for www.safew.im to download Official QQ fan group: 958 918 525 Tencent Meeting Number: 476 335 8206 Weibo: Xi Jiuye fights against the Heavenly Way Be sure to join the Telegram group and subscribe to the Telegram channel (backup group) TG official group: https://t.me/HanBingHBJX TG Official Channel: https://t.me/JiuXiHBJX Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
[Standard Chartered Plans to Launch Bitcoin and Ethereum Custody Services in Hong Kong Next Year] Mary Huen, CEO of Standard Chartered Hong Kong and Greater China & North Asia, announced that Standard Chartered plans to launch digital asset custody services for Bitcoin and Ethereum in Hong Kong in January next year, expanding the services already offered in Luxembourg and the UAE. Standard Chartered Hong Kong stated that this move aims to support Hong Kong in developing a comprehensive digital asset ecosystem, covering retail and corporate clients, local and cross-border transactions, and participating in multiple innovation initiatives led by the Hong Kong Monetary Authority, including the Ensemble project, mBridge project, and the 'Digital Hong Kong Dollar' pilot program.
[An entity nearly repays 66,000 ETH loan, earning $26.9 million] Onchain Lens data shows that an entity has nearly repaid the 66,000 ETH borrowed from Aave V3, achieving a profit of $26.9 million. The entity initially used 610.2 million USDC as collateral, borrowing ETH when its price was $4,032, and transferred it to Binance. Over the past two days, the entity repaid 64,043 ETH at an average price of $3,613, totaling approximately $231.37 million. Currently, 2,022 ETH remains unpaid, valued at approximately $7.05 million. This short trade has brought significant gains to the entity.
[GIGGLE surged over 22% in a short time, market cap exceeded $60 million] On November 4, influenced by the news that 'He Yi stated Giggle token will enter a deflationary mode in the future, representing a mutual effort between the community and charity,' GIGGLE saw a short-term increase of over 22%, with its market cap surpassing $60 million.
[He Yi: Giggle Token Will Enter Deflationary Mode, Reflecting Community and Charity Collaboration] On November 4, He Yi posted on social media, stating that Giggle Academy has evolved from initially not responding, to accepting community transaction fee donations, to Binance deciding to donate long-term fees to support the Giggle token, and finally to today's donation burn. This marks the beginning of Giggle token entering a deflationary mode in the future. She believes this represents a two-way collaboration between the community and charity and pointed out that there is no fixed standard for public chain development. Meme tokens lacking a business model struggle to sustain, while even VC-backed tokens with large-scale funding may not necessarily succeed.