ChainCatcher news, Matrixport released a daily chart stating that Ethereum, similar to Bitcoin, often loses momentum when prices rise significantly, especially when prices increase by more than 60% within 30 days. Historically, this has often been a good opportunity to take profits. Currently, the price has retraced to the level it was a month ago, which may indicate that a re-entry opportunity is brewing, especially if the cryptocurrency bull market is expected to last until 2025.It is worth noting that Ethereum has not exhibited the higher beta characteristics seen in the previous bull market during this round of rebound. However, it remains a favored asset among investors. The recent continuous inflow of ETF funds is the best proof of this. This strong demand not only highlights Ethereum's important position but also indicates that it remains a focus of attention even if it has slightly underperformed expectations in this cycle.

ChainCatcher message, a research report from CICC states that AI Agent is an intelligent entity capable of perceiving the environment, autonomously planning, making decisions, and executing actions to achieve goals. It possesses fundamental characteristics such as autonomy, interactivity, reactivity, and adaptability, with its core driving force being large language models.With breakthroughs in underlying technologies empowered by large models, we see AI Agents gradually landing in application scenarios focusing on verticals and multiple intelligent agents collaborating. According to market.us, the global large model market size is expected to grow from $4.5 billion in 2023 to $82.1 billion by 2033, with a 10-year CAGR of 33.7%. There are optimistic investment opportunities arising from the future development trends of AI Agents and changes in the upstream and downstream industrial chains. (Jinshi)

ChainCatcher news, according to CoinDesk, renowned crypto analyst Omkar Godbolev published an analysis stating that the price chart of SOL shows a "bullish return" pattern. According to technical analysis theory, this pattern is seen as a low-risk opportunity for trend breakout traders. The price of SOL surged over 7% this week to $193, rebounding from a previous resistance level identified by a trendline connecting the highs of March and July, which has now turned into support. This line, along with the line connecting the lows of April and August, defines a large descending channel that includes long-term fluctuations from March to October. The price of SOL broke out of this channel in early November, confirming the bullish inclination. SOL quickly climbed above $260, then retraced to the breakout point last week, which technical analysts refer to as a bullish "return pattern."Technical analysis masters Charles D. Kirkpatrick II and Julie R. Dahlquist stated in their book Technical Analysis: The Complete Resource for Financial Market Technicians: "A pullback occurs when the price breaks upward and then 'retracts' to its breakout level. Retracements are excellent levels to participate in an upward trend. Their timing and distance are often short, but they typically provide a second, lower-risk entry opportunity for breakout traders." Breakout traders look for assets that struggle to surpass specific levels. When the price finally breaks through, these traders enter the market, anticipating significant volatility in the direction of the breakout. Trading breakouts requires constant market monitoring and careful assessment of price and volume trends. Traders who miss the initial breakout often hope to enter during a successful retracement, just like SOL. These entry points are usually considered lower risk because potential exit points or stop-losses can be set just below the breakout point.Prospect theory suggests that people tend to avoid risk when realizing gains. In other words, when potential profits arise, traders often take those gains rather than letting winning trades continue. This trend explains why the first pullback after a breakout does not last long and prices typically retreat to the breakout point. This is because traders who entered with the breakout quickly take profits during the subsequent rise. Traders who missed the first breakout may view the retracement as a second entry opportunity. They go long at the breakout point, ensuring that the support level holds. This explains the rebound of SOL from a key level. If SOL continues to rise, those who took profits shortly after the initial breakout may regret doing so and buy new long positions, further enhancing the bullish momentum, and this is how trends develop. In the second half of 2023, a similar return pattern played out perfectly in Bitcoin, laying the groundwork for a massive bull market. Note that if the price of SOL fails to rebound, the bullish retracement pattern will fail, allowing for a pullback back into the channel.

ChainCatcher news, according to Jinshi, Bitcoin is experiencing one of its weakest December performances in history, down 2% over the past 30 days. The traditional "Santa rally" expectations have been shattered due to profit-taking and the Federal Reserve hinting at fewer rate cuts next year.Alex Kuptsikevich from FxPro stated that Bitcoin dropping below $90,000 could mean new opportunities for market traders, "In a potential shock scenario, Bitcoin could suddenly drop below the $70,000 range."However, the likelihood of a pullback to $90,000 in the coming weeks is greater, which is attractive enough for buyers to prevent selling. "Kuptsikevich pointed out that the market is digesting the Federal Reserve's hawkish stance, combined with the willingness to take profits after this year's strong rally, leading to current price pressure."

ChainCatcher message, Aave founder Stani Kulechov stated on social media, "DeFi will provide democratized financial opportunities for everyone."

ChainCatcher news, according to official sources, OKX has now launched the Uniswap Earning Season. During the event, users who provide liquidity with specified assets weETH/ETH and rsETH/wstETH to the liquidity pools of Etherfi and Kelp on the Optimism chain will have the chance to share a reward pool of 250,000 USDT OP. This reward will be distributed in 3 phases, with the first phase releasing 107,000 USDT OP over 10 weeks.

ChainCatcher news, 10x Research released a report stating that not every dip presents a buying opportunity.It indicated that while we expect Federal Reserve Chairman Powell's tone to be slightly hawkish, the Fed's updated median interest rate forecast has unsettled the market, predicting rate hikes not only in 2025 but also in 2026 and 2027. Powell hinted that it may take 1-2 years to return to the 2% inflation target, further reinforcing the hawkish sentiment. The forecasts for the following years are shocking, suggesting that interest rates may remain elevated for an extended period.Stocks fell by 3%, and Bitcoin dropped by 4%. Due to a lack of retail trading activity, altcoins have struggled, suffering even greater losses, with many altcoins plummeting by 10% or more. While the impact of Trump's policies remains speculative, weak demand from European economies and China may suppress global growth (and inflation). Meanwhile, a stronger dollar could put pressure on corporate earnings for U.S. companies.

ChainCatcher news, according to official sources, OKX has now launched the Trader Challenge. From December 9, 2024, 00:00 (HKT) to December 31, 2024, 23:59 (HKT), whether you are a novice or an experienced trader, participating in the event gives you a chance to share the prize pool of 85,000 USDT.

ChainCatcher news, according to Bitcoin.com, Argentina's securities regulator CNV has announced a market-wide initiative allowing foreign investment products related to various cryptocurrency ETF opportunities (including Ethereum, Bitcoin, gold, etc.) to enter the market. CNV Chairman Roberto Silva emphasized, "Through these measures, we are elevating Argentina to the standards of the most developed markets internationally."

ChainCatcher news, ING analyst Chris Turner stated in a report that the market remains cautious ahead of the U.S. employment data release in November, with the dollar holding steady.Weaker-than-expected non-farm payroll data could disrupt the recent strengthening trend of the dollar since Trump's election victory, although it is unlikely that the dollar will appreciate again for a long time. U.S. employment numbers are expected to rebound after a weak month last time. A growth of fewer than 200,000 jobs may be considered a "bad number," while more than 300,000 is seen as a "good number." ING suggests treating any dollar decline as a buying opportunity. (Jin Shi)

ChainCatcher message, crypto analyst Ali posted that if ETH experiences a pullback, pay attention to the $3300 support level, which is also a potential buying opportunity. ETH is expected to reach $6000 in the medium term and $10000 in the long term.

ChainCatcher news, according to Bloomberg, the world's largest hedge funds have fully capitalized on the trading opportunities triggered by Trump's election last month, making the industry poised for its strongest returns in at least four years. Sources revealed that Balyasny Asset Management's hedge fund gained 3.9% for the month, helping to turn its lackluster performance for the year to October into a 11.6% gain.Sources also stated that Schonfeld Strategic Advisors' Fundamental Equity pool and Citadel's Tactical Trading fund also saw gains last month, raising their returns for 2024 to 18.6% and 20% respectively, making them the best-performing multi-strategy hedge funds so far this year.Additionally, a benchmark index tracking 70 multi-strategy hedge funds by PivotalPath is on track to achieve its best performance since 2020.

ChainCatcher news, the AI autonomous world project WORLD3, centered around intelligent AI agents, recently announced that it will officially launch the AI Agent Genesis event in mid-December 2024. This event invites users to design and create the first AI agent with unique personalities and abilities. By participating in this event, users will have the opportunity to qualify for the $W3C token airdrop set to begin in the first quarter of 2025.At the same time, WORLD3 will initiate the first scenario where AI agents interact with other decentralized applications (dApps) and autonomously play full-chain games, opening a new chapter for the application of AI agents in the blockchain ecosystem.Additionally, WORLD3 announced the launch of the lottery system WORLD3 Treasure on the Sui chain. Users can not only win exclusive rewards through this system but also increase their chances of winning rewards by inviting friends, completing on-chain and off-chain tasks, or purchasing lottery tickets, while also providing more possibilities for obtaining $W3C airdrop qualifications.WORLD3 Treasure will offer users more fun in exploring the AI autonomous world and lay a solid foundation for the future $W3C ecosystem.