Odaily Planet Daily news: SlowMist’s Cosine posted on the X platform that user Babur suffered a theft of crypto assets worth $27 million. According to analysis, the stolen assets mainly involve two addresses: Solana address 91xu and Ethereum

Odaily Planet Daily reports that Eli Ben-Sasson, CEO of StarkWare and co-founder of Zcash, stated on the X platform that in his first conversation with Michael Saylor, founder and executive chairman of Strategy, he explained Starknet's mission to promote the development of the Bitcoin economy. In addition, another topic they discussed was privacy. Saylor believes that Bitcoin should not have privacy features, or at least should not adopt a privacy model similar to Zcash, as this would give sovereign states a reason to ban it. Ben-Sasson disagrees. Ben-Sasson believes that it is possible to balance both, i.e., to provide privacy protection while allowing for key viewing. They also exchanged views on OPCAT. Saylor is concerned that changes

Amid the complex and ever-changing market information, what truly matters? "Gate Web3 News Selection" aims to filter out the noise for you. Every day, we curate the most important news from the global crypto market to help you quickly grasp key trends, save time, and gain early insights. 1. Hassett: The Fed May Cut Rates at Next Meeting, Expected Decrease of About 25 Basis Points Kevin Hassett, Director of the White House National Economic Council, stated that the Federal Reserve may cut interest rates at its next meeting, and the expected cut is about 25 basis points. Regarding the next Fed Chair candidate, he said the Chair needs to be someone who responds to data.

Bitcoin has continued to face pressure during its month-long downtrend and has once again failed to break through a key trendline. The lack of clear bullish signals in the macro market keeps Bitcoin's short-term outlook uncertain. However, on-chain data shows that investors have begun to accelerate accumulation at lower price levels. According to Glassnode data, over the past week, more than 23,385 BTC (worth over $2.15 billion) have been withdrawn from exchanges, driving exchange reserves down to their lowest level since January 2021. Exchange outflows typically indicate an increase in long-term holding intentions and a reduction in selling pressure, which helps support a potential rebound.

The European Commission has officially proposed transferring the direct supervisory authority over all crypto-asset service providers (CASPs) from member states to the European Securities and Markets Authority (ESMA), making its role in crypto regulation more akin to that of the U.S. Securities and Exchange Commission (SEC). This reform aims to eliminate regulatory fragmentation among the 27 member states and establish a unified, efficient, and consistent cross-border regulatory framework for the EU crypto market. This legislative proposal was released nine months after the announcement of the Savings and Investment Union Strategy. The strategy emphasizes that, amid intensifying global capital competition and the continued expansion of U.S. financial markets, Europe needs to accelerate the integration of its capital markets. Regulatory centralization is seen as a key means to enhance cross-border efficiency.

In the past two weeks, Ethereum (ETH) has strongly outperformed Bitcoin (BTC), with both capital flows and price structure indicating that market sentiment is clearly shifting towards ETH. The latest data shows that spot Ethereum ETFs recorded a net inflow of $360 million during the same period, while Bitcoin ETFs saw only $120 million—a threefold difference that highlights investors’ growing preference for the Ethereum ecosystem. In terms of price performance, ETH recently broke through the key resistance level of $3,200, completing a daily structure reversal, which means the trend has entered a new upward phase. Meanwhile, BTC still needs to break above $96,000 to confirm a breakout, giving ETH a structural advantage in terms of trend.

On Thursday evening, global risk assets remained generally stable as traders awaited the release of a key inflation indicator—the core Personal Consumption Expenditures (PCE) index—on Friday. This data will directly affect the Federal Reserve's interest rate decision on December 10, and the market currently expects an 87% probability of a 25-basis-point rate cut. In US stock futures, Dow Jones and S&P 500 index futures were nearly flat, while Nasdaq futures rose 0.1%. The core PCE for September is expected to increase by 2.9% year-over-year, marking the 55th consecutive month above the Fed’s 2% target, which further increases uncertainty around the policy path.

Bitcoin continued to trade sideways near $92,000 on Friday, failing once again overnight to break through $93,000, which further solidified the recent consolidation range. The current market structure is still dominated by bears suppressing prices in the mid-$93,000 range and bulls providing support around $91,000, but neither side has enough momentum to establish a clear trend. Looking at the past month, Bitcoin remains in a downward structure since the early November high, and the recent rebound has even formed a lower high, suggesting that the corrective trend remains unbroken. The weak momentum and rapid pullback after rebounds indicate that liquidity above $93,200 is still thin. If $91,000 is breached, key support lies in the $90,000–$90,500 range; to the upside, a breakout above $93,200 is needed to reverse the short-term downtrend.

金色财经报道，Cryptoquant分析师Axel Adler Jr发布市场分析表示，黄金价格维持在每盎司 4218 美元左右，市场正等待下周美联储联邦公开市场委员会（FOMC）会议前的关键美国经济数据。焦点集中在延迟发布的 9 月个人消费支出（PCE）报告 —— 这是美联储青睐的通胀指标。该报告定于今日发布，可能会为未来货币宽松政策的时点与节奏提供线索。

Dogecoin (DOGE) declined again in the latest trading session, as the optimism brought by the ETF frenzy failed to reverse the weak market structure. Although 21Shares and Grayscale have successively filed for spot DOGE ETFs, briefly boosting network activity, the price still broke through key support levels, indicating that technical selling is dominating the trend. On-chain data shows that active DOGE addresses once rose to 71,589, the highest level since September, reflecting increased user participation. However, whale transactions remain sluggish, and there has been no significant ETF-related capital inflow. The sharp contrast between improving fundamentals and weak prices highlights the impact of declining market risk appetite.

According to Gate News Bot, as of December 5, citing CoinMarketCap data, DCR (Decred) is currently priced at $22.40, up 14.89% in 24 hours, reaching a high of $25.60 and a low of $18.25, with a 24-hour trading volume of $17.4 million. The current market capitalization is approximately $384 million, an increase of $49.8 million from yesterday. Decred is a cryptocurrency designed to upgrade and evolve over time based on the opinions of its holders. It adopts a hybrid Proof-of-Work/Proof-of-Stake (PoW/PoS) consensus mechanism, with a total supply of 21 million, and features self-funding. Key features of Decred include staking, voting, treasury, proposals, security, fungibility, Lightning Network, and decentralized exchange (DEX). The project

JPMorgan analysts believe that Strategy's continued high Bitcoin holdings valuation above 1, as well as its strong cash reserves, will impact Bitcoin's short-term price trends and reduce the risk of sell-offs. At the same time, the mid-term target price for Bitcoin is expected to be around $170,000.

BlockBeats News, December 4—Wolfe Research stated that now is a good time to buy cryptocurrencies on dips. The current crypto market is showing a clear divergence between bulls and bears, creating a potential buying opportunity. The firm still expects Bitcoin’s interim bottom to be around $75,000, even after Bitcoin rebounds and regains the $90,000 level. However, Wolfe also pointed out that Bitcoin ETF inflows remain weak and digital assets overall continue to be under widespread downward pressure. From a technical perspective, the crypto market has returned to a key long-term support area, which has served as a turning point for prices multiple times in the past. Momentum indicators are improving, and Bitcoin’s current rebound is seen as constructive. Wolfe believes the next major test is the 50-day moving average at $101,000.

Gate News bot message, according to Cointelegraph's latest analysis on Token Generation Events (TGEs), successful token launches require more than just high initial prices. The study highlighted three critical components: tokenomics design, go-to-market (GTM) strategy, and community building efforts

Decentralized exchange platform Aster has released its roadmap for the first half of 2026, focusing on enhancing infrastructure, token utility, and ecosystem development. Plans include launching a “Shield Mode,” upgrading real-world assets, and the mainnet launch of Aster Chain, among other key initiatives.

Amidst the complex and overwhelming market information, what truly matters? "Gate Web3 Daily Highlights" aims to provide you with the essentials. We curate the most important global crypto market news every day to help you quickly grasp key trends, save time, and gain early insights. 1. Crypto Market Rally Returns, ETF Inflows Hit $1.1 Billion—Highest in 7 Weeks KobeissiLetter released a market analysis noting that cryptocurrency ETFs are making a comeback. Last week, crypto funds saw $1.1 billion in inflows, the highest in 7 weeks, marking a reversal after 4 consecutive weeks of outflows totaling $4.7 billion. US crypto ETFs led with $994 million in inflows, followed by Canada ($98 million) and Switzerland ($24 million), while Germany saw $57 million in outflows. Bitcoin led the inflows with a net inflow of $461 million, followed by ETH with $308 million. Meanwhile, investors withdrew $1.9 billion from short Bitcoin ETPs. The momentum in the crypto market is returning.

This week, both Bitcoin and Ethereum saw significant rebounds, but XRP continued to fluctuate within a narrow range since mid-November. Despite an on-chain indicator—typically signaling a bullish trend—reaching a three-month high, the price has yet to break out. The key reason behind this lies in the divergence between long-term holder behavior and the overall on-chain structure. On-chain data shows that the number of spent tokens has dropped sharply over the past month, plunging 91% from 186.36 million XRP on November 15 to around 16.32 million currently, the lowest level in three months. The reduction of older supply means that market selling pressure has dropped significantly, which usually helps prices stabilize or even rebound. Therefore, the rise in dormancy to a three-month high should have been a positive sign.

Arbitrum (ARB) has surged over 11% in the past 24 hours, outperforming most altcoins. This rebound comes as the overall cryptocurrency market has recovered by about 7%, and also reflects a notable recent increase in Arbitrum network activity. With on-chain metrics improving, whether ARB is bottoming out has become a key focus for the market. On the 4-hour chart, ARB appears to have formed a double bottom pattern after the previous day’s decline. Bulls pushed the price from $0.19 to $0.24, but the $0.24 area now serves as a critical neckline. Only a decisive breakout above this level will confirm a structural reversal for ARB and open up room for a rally to $0.311.

Foresight News: Web3 robotics company XMAQUINA has released a governance proposal in preparation for the DEUS token TGE. The proposal seeks DAO approval to allocate the remaining genesis auction supply: 128,067,280 DEUS (approximately 12.8% of the total supply) and $150,000 USDC from the DAO treasury to key initiatives preparing for the DEUS Token Generation Event, including: conducting a final community sale before the TGE, allocating up to 110 million DEUS (11% of the total supply) for the sale, with the sale date and details to be officially announced within the next 10 days in collaboration with strategic launch partners; approximately 1.8% of the total supply will be allocated for liquidity and exchange listings. The proposal states that the main goal of this sale is to

Ethereum price has risen 5% within 24 hours, reclaiming the $3,200 mark, with market sentiment significantly improving. This surge is mainly driven by two factors: the official launch of the Fusaka upgrade and continued accumulation by whales and "shark wallets." Fusaka, Ethereum's second major upgrade this year, has been officially launched. The core change is the introduction of PeerDAS technology, which allows validators to process smaller data segments, increases network throughput efficiency, and significantly reduces transaction costs. This upgrade marks a key step forward for Ethereum's scalability and long-term performance goals, and has received positive feedback from both developers and the user community.

According to BlockBeats, on December 4th, the latest data shows that the US ADP "small non-farm" employment in November unexpectedly decreased by 32,000, which is much weaker than market expectations, indicating that the labor market is cooling at a faster pace. This report serves as an important reference for the Federal Reserve's December interest rate decision, and the weakening employment adds further uncertainty to a potential policy shift. After the data was released, safe-haven assets strengthened, gold prices rebounded to around $4,220, and the crypto market saw increased volatility within a broader range. On the macro level, the decline in employment mainly came from small and micro-sized enterprises, with companies having fewer than 50 employees cutting 120,000 jobs in a single month—the largest drop since March 2023—reflecting simultaneous pressures on end demand and the financing environment. Annual wage growth fell to 4.4%, indicating marginal easing of inflationary pressure. The interest rate futures market has now raised the probability of a 25 basis point rate cut in December to nearly 90.

The BONK team has announced a comprehensive overhaul of its platform fee structure, aiming to significantly increase the amount of DAT tokens purchased by Bonk Holdings Inc. (BNKK) and thereby expand its long-term holdings. This move is seen as a key step forward for the BONK ecosystem in terms of governance and asset accumulation. According to Bonk.fun, effective immediately, 51% of all platform fees collected will be used to support BNKK in purchasing DAT tokens—a dramatic increase from the previous allocation of just 10%. To achieve this, the platform has reallocated 35% of funds previously used for "buy and burn," as well as resources from SBR and BONK rewards, while keeping the community budget unchanged. The team emphasized that although the use of fees is changing, the overall buy pressure on BONK will not be reduced.

The latest security report from Ledger reveals that the MediaTek Dimensity 7300 smartphone chip, used in Solana Seeker and several other devices, contains a severe hardware flaw. This vulnerability could allow attackers to gain full control of the device and extract users’ crypto private keys after obtaining physical access. Since the issue originates from the chip itself, the vulnerability cannot be fixed through software patches, posing a widespread and long-term security risk. Ledger researchers stated that, in their tests, they successfully attacked the chip’s boot phase using an "electromagnetic fault injection" method, bypassing protection mechanisms and obtaining full system access. Once compromised, all sensitive data on the device is left completely unprotected. This vulnerability is especially significant for the Solana Seeker phone, which touts crypto applications as a core selling point.

Entrée Capital has officially announced the launch of a new $300 million fund, focusing on investments in AI Agents, Decentralized Physical Infrastructure Networks (DePIN), and regulated Web3 infrastructure. This move marks an acceleration of institutional capital flowing into blockchain systems capable of deeply integrating with modern technology stacks, especially as AI and crypto-native infrastructure rapidly converge. According to Entrée Capital, the fund will focus on investing in projects from the seed to Series A stages, targeting entrepreneurial teams driving the mainstream adoption of blockchain infrastructure. Key areas include AI agents capable of autonomous asset management within crypto strategy frameworks, as well as DePIN networks that coordinate, finance, and operate real-world infrastructure through token incentive mechanisms. These areas are seen as core technologies driving the next wave of large-scale adoption.

The first Chainlink ETF (ticker GLNK) launched by Grayscale recorded over $41 million in inflows on its first day of trading, making it one of the most impressive new crypto asset products in the current market. Despite the overall downturn in the crypto market over the past two months, GLNK has still demonstrated strong capital-attracting ability, drawing significant interest from investors focused on data oracle ecosystems and tokenization infrastructure. According to Bloomberg ETF analyst James Seyffart, GLNK's first-day performance was “exceptionally strong.” The product's assets under management once rose to $64 million, and first-day trading volume was also active, indicating that investor interest in Chainlink as a key infrastructure asset is growing rapidly. He further noted that given the current weakness in the crypto market, GLNK’s achievement is particularly impressive, highlighting both institutional and retail investors’ long-term recognition of the oracle sector.

Bitcoin briefly broke above $93,000, boosting the entire crypto market, but several traders warned that this move could be a “false breakout,” as market structure remains fragile and volatility is still high. The core focus of the current market is whether Bitcoin can stabilize within the key support range of $90,000–$91,000. Analysts pointed out that Bitcoin quickly pulled back after breaking $93,000, indicating a lack of bullish momentum. Bitunix analysts stated that the current trend “looks more like a choppy correction” and noted that $93,200 has become a new resistance level. If Bitcoin falls below the key support zone, downside risks may increase again.

PANews, December 4—Following its previous $12 million subscription for 20 million GNK tokens, Bitfury has announced an official increase in its overall strategic investment in Gonka to $50 million, making it one of the key pillars of this decentralized AI computing power network. The committed $50 million will be used to accelerate the development of the Gonka protocol and ecosystem, promoting the expansion and global adoption of its efficient GPU network infrastructure. The Gonka team pointed out that the network uses a PoW (Proof-of-Work) model tailored for real AI inference/training tasks, allowing contributors ranging from single-card GPUs to large data centers to directly participate in computing power sharing without the need for traditional cloud service providers or centralized computing providers. Since its official launch in August 2025, Gonka’s distributed

Global digital sports company Fanatics has announced the launch of its prediction market platform, Fanatics Markets, allowing users to trade on the outcomes of sports, financial, political, and cultural events. The platform utilizes Crypto.com Derivatives North America's market and pricing system to provide users with a safer and more transparent prediction trading experience. Fanatics Markets is now available on iOS and Android, covering 24 states in the United States, including key markets such as California, Texas, Florida, and Washington.

ChainCatcher reports that SlowMist’s Yu Xian (@evilcos) has issued a warning about Web3 job seekers encountering malicious code traps during interviews. In this incident, an attacker impersonated @seracleofficial and asked the candidate to review and run code from Bitbucket. After the victim cloned the code, the program immediately scanned all local .env files and stole sensitive information such as private keys. SlowMist pointed out that this type of backdoor is a typical stealer, capable of collecting browser-saved passwords, crypto wallet mnemonics, private keys, and other private data. Experts emphasize that any review of suspicious code must be conducted in an isolated environment and not run directly on a real device to avoid attacks.

Odaily Planet Daily reports that Gate founder and CEO Dr. Han was invited to appear as a guest on the mainstream financial media CNBC’s live TV interview program, where he provided an in-depth analysis of recent Bitcoin volatility and the overall market correction. As a guest on the show, Dr. Han focused on the current macro changes in Bitcoin’s environment, emphasizing the multiple factors currently affecting digital asset prices. During the interview, Dr. Han started from on-chain data and market trends, analyzing Bitcoin’s resilience, the key drivers behind recent volatility, and the market signals that deserve close attention in the current financial environment. He pointed out that despite short-term pressure, the industry’s long-term outlook remains solid as structural trends such as increased institutional participation, the gradual formation of a global regulatory framework, and the repricing of risk cycles continue to strengthen. Dr. Han’s appearance on CNBC not only demonstrates Gate’s continuously rising influence in the industry, but also

The ADP report shows that U.S. employment growth stalled in the second half of 2025, with private sector employment decreasing by 32,000 in November. Hiring was particularly weak in industries such as manufacturing and construction, with poor overall performance.

Amidst the complex and overwhelming market information, what truly matters? "Gate Web3 News Highlights" aims to distill the essentials for you. We curate key global crypto market news daily, helping you quickly grasp core trends, save time, and gain early insights. 1. Jupiter Releases HumidiFi Token WET ICO Details According to official sources, dark pool DEX HumidiFi has announced it will launch its ICO on Jupiter on December 3, using a first-come, first-served method. The sale is arranged as follows: Phase 1 is for the Wetlist (HumidiFi users and community), with an allocation of 60 million WET (6% of total supply), priced at 0.5 USDC per token (corresponding to a FDV of $50 million), running from December 3, 10:00–22:00 (EST). Phase 2 is for JUP stakers, with an allocation of 20 million WET (2% of total supply), priced at 0.50 USDC per token (corresponding to a FDV of $50 million), running from December 3, 22:00 to December 4, 10:00 (EST). Eligibility is based on time-weighted J staking since July this year.

In 2025, due to tightening global liquidity, increasing financial stress, and capital outflows, investors have increasingly favored safe-haven assets such as gold, while Bitcoin has come under relative pressure. Spot gold continues to strengthen, currently finding support near $4,000 and is expected to move toward the $4,500 resistance zone. In contrast, Bitcoin has pulled back after reaching an all-time high in October and, constrained by tight financing and market leverage pressures, is currently seeking a rebound at the key $80,000 support level. Macroeconomic factors have led to a clear divergence between the two: the overnight financing rate (SOFR) is near 4.0%, the Treasury General Account (TGA) remains elevated, global liquidity is restricted, and systemic financial stress is rising. Demand for risk assets has weakened, while demand for safe-haven assets has rebounded, pushing gold prices higher. At the same time, financial market volatility and the unwinding of arbitrage trades have exacerbated short-term pressure on Bitcoin.

Franklin Templeton's Solana ETF has received official approval from the New York Stock Exchange Arca (NYSE Arca) and is about to enter the trading phase. This means the fund will soon become one of the newest Solana (SOL) spot ETFs on the US market, competing with six existing SOL funds for the attention of institutional and retail investors. According to the latest filing submitted to the US Securities and Exchange Commission (SEC), NYSE Arca has approved the ETF's listing application, which is the final key step before the product begins trading. Franklin Templeton had previously submitted its final regulatory documents, which typically means the fund can be launched on the market within a few days. Notably, the company recently successfully launched an XRP ETF, and the advancement of this SOL ETF is seen as an important move in its proactive strategy to expand into crypto assets.

Bitcoin (BTC) rebounded after five consecutive weeks of decline, but its upward momentum remains weak, with key levels still needing to be broken before a true reversal can occur. Although BTC regained a critical price point in the past 24 hours, institutional demand and on-chain activity remain sluggish, leaving this week’s market conditions fragile. The biggest risk currently comes from insufficient demand. According to Farside data, spot Bitcoin ETFs saw only $8.5 million in inflows on Monday, but experienced outflows as high as $61.6 million. This means the price recovery of Bitcoin has not been supported by actual institutional funds. ETFs are typically seen as a barometer of institutional sentiment, and the recent continued net outflows reflect a still-cautious market. However, this trend has started to reverse: on Tuesday, Bitcoin ETFs saw a net inflow of $58.5 million, while Ethereum ETFs experienced a net outflow of $9.9 million.

American entrepreneur and investor Kevin O’Leary recently stated that the potential Fed rate cut in December would have a negligible impact on Bitcoin prices. He believes that persistent inflation may prompt monetary policy to remain tight, and expects Bitcoin prices to fluctuate around the current level by about 5%. O’Leary pointed out that his investment strategy does not rely on the assumption of Fed rate cuts, so he does not consider rate cuts to be a price driver. Although data from the Chicago Mercantile Exchange (CME) shows an 88.1% probability of a rate cut in December, O’Leary believes that inflationary pressure is the key reason for the Fed to maintain rates. The annual inflation rate in the US rose to 3% in September, pushing policy toward tightening. He emphasized that the Fed faces a dual mandate of balancing full employment and controlling inflation, and that recent increases in tariffs and input costs have also heightened the necessity of maintaining rates.

Litecoin (LTC) surged 10% today, making it one of the best-performing major cryptocurrencies in the market. One of the key factors driving the rally is the official launch of Vanguard’s LTCC spot ETF channel this morning, which provides traditional finance users with more convenient access to Litecoin exposure and has significantly boosted market sentiment. From a price structure perspective, LTC is currently moving within an increasingly tight symmetrical triangle. It has recently found strong support and rebounded near $77.51, and at the time of writing, remains stable at around $82.94. The pattern is approaching its apex, indicating a potential breakout may be imminent. Each time the price tests the lower boundary it quickly rebounds, showing that buying momentum is strengthening.

Odaily News DAT provides investors with exposure to underlying digital assets by packaging crypto assets in securities regulated by the SEC, aiming to outperform the performance of the underlying assets through a strategy that maximizes returns. A key metric for measuring the performance of DATs is the market net asset value (mNAV), which compares the company's enterprise value to its digital asset holdings. Investment bank Macquarie points out that the viability of DAT is closely related to the equity premium relative to net asset value. If this premium erodes or turns into a discount, the model will face significant challenges. When the crypto market experiences a pullback, mNAV may fall below 1, indicating that the company's trading price is below the value of its crypto asset holdings, which may force DATs to sell some tokens to obtain liquidity. Sussex University finance professor Carol A

ChainCatcher message, at the "Integration, Rise, and New Cycle" themed forum recently held by RootData in Dubai, USDD Communications Director Yvonne Chia delivered a speech on the topic "Is a yield-generating stablecoin truly possible," systematically elaborating on the realization path of yield-generating stablecoins. In the speech, it was pointed out that traditional stablecoins have long faced the contradiction of "cannot achieve both returns and stability." USDD makes it possible for stablecoins to be both stable and profitable by constructing four pillars: stable sources of income, expanding application scenarios, flexible infrastructure, and full-chain transparency. Among them, sUSDD supports a dual-layer income mechanism of "holding income + liquidity provision," and will integrate with diverse scenarios such as lending in the future, continuously expanding the boundaries of income. At the infrastructure level, USDD has completed the protocol upgrade from 1.0 to 2.0, enabling users to access through C

According to ChainCatcher, Jin10 reported that the OECD expects the Fed to "gradually" lower the key Interest Rate to between 3.25% and 3.5% by the end of 2026.

Odaily News Gold prices fell on Tuesday from a more than six-month high, with Spot gold losing the $4200 per ounce mark during the day. This was partly due to the rise in U.S. Treasury yields and profit-taking that weighed on prices, while investors awaited U.S. economic data to assess the Fed's policy path. The Benchmark 10-year U.S. Treasury yield remained near a two-week high, diminishing the appeal of non-yielding assets like gold. KCM Trade chief market analyst Tim Water noted: "Gold has performed weakly today, but the fundamentals remain unchanged— including the expected Fed rate cuts, which should support gold prices from a yield perspective." Market sentiment is cautious, with expectations that the core PCE price index, a favored inflation indicator by the Fed, will remain moderate when released on Friday. Additionally, key U.S. data this week includes the November ADP employment report on Wednesday. (Jin10)

Solana (SOL) has accumulated a fall of about 57% since reaching its historical high of 295.83 USD at the beginning of the year, and is currently hovering within a long-term support zone around 120 USD. If it breaks this key support, SOL may face deeper dumping pressure, with the next major support level around 71 USD, indicating a potential further fall of 40%. The technical indicators show that SOL has strong bearish momentum. The weekly RSI has formed a bearish divergence and has fallen below 50, while the MACD is also in negative territory, indicating that the bearish forces are dominant. The price of SOL has been constrained within the range of 120-250 USD for a long time, and if this range is broken, it will trigger a clear trend reversal to bearish. The daily chart shows that SOL is under pressure below the descending resistance trend line, lacking rebound signals in the short term.

The price of Cardano (ADA) is currently retracing to retest the multi-year trendline support that has been in place since 2020, hovering around $0.41. Over the past week, on-chain data shows that long-term holders have sold over 114.66 million ADA, with the "spent token age" metric rising by 23%, indicating that older coins are accelerating their movement, which typically represents seasoned investors choosing to exit. This is the first time in over four years that ADA has touched this key trend line. Historically, this support often becomes a significant reversal point, but this test is occurring against a backdrop of overall market weakness and declining volume. The volume distribution shows that the price is approaching the strong liquidity area around $0.30, which means that if the current support is lost, the likelihood of a drop towards a lower range increases.

DOGE recently tested a key support level for 2024, while large volume fell to a 60-day low. According to crypto assets analyst Ali Martinez, the trading volume of DOGE whales has plummeted from a recent peak of 38 transactions to just 4, coinciding with signs of a short-term rise in DOGE, raising questions in the market about the sustainability of the pump. The technical indicators show that the trading price of DOGE is below the 200-day moving average, close to the support level tested twice this year. The Relative Strength Index (RSI) has remained negative since the end of the pump from June to September, indicating a weakening market momentum. Despite a recent price rebound, the trading activity of whale holders has significantly decreased, suggesting an increase in market wait-and-see sentiment.