This recent market action is really a love-hate thing. Regulatory news is flying everywhere, institutional funds are moving in and out, and with the macro environment being unstable, the whole crypto market feels like a roller coaster. Some say the bull run isn’t over, while others worry the bubble’s about to burst. Bottom line: better safe than sorry.
Here’s my take on a few major coins
For BTC, the weekly support is holding, and it’s clear the big players are defending the price. But above $90,000, we’re not seeing much new money coming in, which is a bit awkward. Still, BTC reserves on exchanges have dropped to a five-year low, and whales are quietly accumulating—that tells you something: long-term value is still there. The strategy is simple: if you’ve got spot from lower levels, just hold on. Chasing at these highs? Not worth it.
ETH is in a similar spot. The weekly chart is steady, with whales and institutions building long positions. Exchange balances are even lower—at a ten-year low—so the supply squeeze is getting real. Plus, with new narratives like real-world assets being tokenized, there’s a lot of potential. Buying on dips could be a play, but remember: don’t FOMO in at the top.
SOL requires more caution. There’s short-term pressure—a big player is consistently selling on a major exchange, clearly cashing out at the highs. Its inflation model needs ecosystem activity to offset, and that’s not looking great right now. I’d suggest waiting and watching until those whales finish offloading.
One platform token is actually pretty interesting. Its issuer just secured an institutional license from Abu Dhabi Global Market, finally gaining some “official” status and sovereign backing. With a user base of 300 million and transparent charity initiatives on-chain, its fundamentals are definitely improving. Worth keeping an eye on.
Hot tokens quick mention
There’s one token with whales making big moves lately, transferring over $12 million worth of tokens to exchanges. These kinds of large transfers usually mean short-term volatility—
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RektRecorder
· 12-11 04:36
Still need to wait a bit more to reach 80,000, haven't you noticed that the BTC on the exchanges is almost gone?
Sol is in such a state that you shouldn't even try to touch it now; big players are all fleeing.
This wave of platform tokens is a bit different; something backed is always different.
Another whale dumping? We should just sit back and watch.
Chasing at high levels is too risky; better wait until the culprit has sold off everything.
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Anon4461
· 12-09 18:55
No one is buying above $90,000, which really says a lot.
ETH is at a ten-year low in circulating supply. It looks appealing, but we really have to wait.
SOL whales are selling, so I’d better stay on the sidelines for now.
Platform tokens are worth keeping an eye on; having a legitimate status is always better than none.
A whale just moved $12 million to an exchange, so I need to brace myself again.
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RooftopVIP
· 12-09 18:52
Here we go again with the same rhetoric—ETH exchange balances at a ten-year low? I feel like it should’ve hit five digits a long time ago.
BTC can hold the line all it wants, but if it really wants to push to 90,000, it still depends on the Fed’s attitude.
As for SOL, I saw the big whales exit a while ago. Without a thriving ecosystem, it’s just an empty shell.
This round, platform tokens are worth watching. Having some backing is always more reliable than pure meme coins.
$12 million transferred into an exchange? Is this another wave of dumping?
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LightningClicker
· 12-09 18:46
The whales are still quietly accumulating; we need to keep up with the pace.
BTC's support this time wasn't in vain—gotta hold onto that spot at the lows.
ETH's ten-year supply low—I like the sound of that story.
SOL's selling volume... definitely need to stay calm and watch for now.
Platform tokens with regulatory licenses and improved fundamentals are worth paying attention to.
$12 million transferred to exchanges? Gotta keep a close eye on that; there will definitely be some short-term moves.
How’s the overall market looking?
This recent market action is really a love-hate thing. Regulatory news is flying everywhere, institutional funds are moving in and out, and with the macro environment being unstable, the whole crypto market feels like a roller coaster. Some say the bull run isn’t over, while others worry the bubble’s about to burst. Bottom line: better safe than sorry.
Here’s my take on a few major coins
For BTC, the weekly support is holding, and it’s clear the big players are defending the price. But above $90,000, we’re not seeing much new money coming in, which is a bit awkward. Still, BTC reserves on exchanges have dropped to a five-year low, and whales are quietly accumulating—that tells you something: long-term value is still there. The strategy is simple: if you’ve got spot from lower levels, just hold on. Chasing at these highs? Not worth it.
ETH is in a similar spot. The weekly chart is steady, with whales and institutions building long positions. Exchange balances are even lower—at a ten-year low—so the supply squeeze is getting real. Plus, with new narratives like real-world assets being tokenized, there’s a lot of potential. Buying on dips could be a play, but remember: don’t FOMO in at the top.
SOL requires more caution. There’s short-term pressure—a big player is consistently selling on a major exchange, clearly cashing out at the highs. Its inflation model needs ecosystem activity to offset, and that’s not looking great right now. I’d suggest waiting and watching until those whales finish offloading.
One platform token is actually pretty interesting. Its issuer just secured an institutional license from Abu Dhabi Global Market, finally gaining some “official” status and sovereign backing. With a user base of 300 million and transparent charity initiatives on-chain, its fundamentals are definitely improving. Worth keeping an eye on.
Hot tokens quick mention
There’s one token with whales making big moves lately, transferring over $12 million worth of tokens to exchanges. These kinds of large transfers usually mean short-term volatility—