ChainCatcher message, on-chain analysis platform Santiment's data shows that Ethereum whale wallets have reached an all-time high, with 104 whale wallets holding over 100,000 ETH, estimated to hold 57% of the existing total ETH supply.Meanwhile, the proportion of wallets holding between 10 and 100,000 ETH is at a historical low of 33.46%, while the supply proportion of wallets holding less than 100 ETH is only 9.19%, also marking the lowest level in nearly four years. This could be a long-term bullish signal, especially as whales continue to accumulate more ETH.Santiment states: "Although the second-largest market cap currency is increasingly composed of DeFi and staking wallets, it is still typically a bullish long-term signal when the key stakeholders of a currency continue to accumulate. Especially when it is an asset that has been around for 9 years, and the proportion of tokens held by large holders has reached an all-time high."

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan posted on the X platform that when Bitcoin reaches $1 million, those who did not invest in Bitcoin will regret missing obvious bullish signs, such as:A former U.S. president giving a keynote speech at a Bitcoin conference;BlackRock suggesting a 2% allocation to Bitcoin in investment portfolios;Bitcoin ETFs being one of the most successful ETFs of all time;Investors like Ray Dalio saying you should hold Bitcoin.In hindsight, incredible investments are always obvious, and Bitcoin is now eagerly attracting people's attention.

ChainCatcher news, crypto analyst Ali posted on the X platform stating that, from a macro perspective, ONDO is in the greed phase and is rapidly moving towards the euphoria phase. According to the TD Sequential indicator, ONDO is unlikely to experience a significant pullback in the next three weeks, with its price potentially reaching $5 to $7 in the coming months.At the same time, in the short term, ONDO has just broken through the risk line of the TD Sequential (a key bullish signal), and the recent decline was interrupted by buying, leading to a V-shaped recovery. While a brief pullback to $1.81 or $1.75 is possible, the short-term target is to rise to $3.22, with the potential for further increases.

ChainCatcher message, two members of Goldman Sachs' research department stated that gold prices still appear bullish in the context of a long-term strengthening dollar. According to Goldman Sachs' analysis, U.S. policy rates almost entirely drive investor demand for gold ETFs, while the dollar has not played an additional significant role in pricing.A strong dollar is unlikely to prevent central banks from structurally increasing their gold purchases, as such purchases are often made with dollar reserves. Furthermore, the trend of both the dollar and gold prices rising under uncertainty supports their role as portfolio hedging tools. Goldman Sachs' forecast for gold prices by the end of 2025 is $3,000 per ounce. (Jin Shi)

ChainCatcher news, CryptoQuant analyst ShayanBTC stated that Ethereum's funding rate has reached a multi-month high, indicating a rebound that suggests bullish momentum, but a correction may occur.The Ethereum funding rate, which reflects the sentiment in the futures market, has surged to its highest level in months, coinciding with a significant price rebound. This highlights strong bullish sentiment, with traders expecting to reach all-time highs. However, the market may need to adjust to maintain this momentum.The funding rate is at the level seen in January 2024, when Ethereum rose by 88%. This reflects an increase in long position interest as optimism grows. Similar to the situation in January, this sharp rise indicates a potential for a pullback, which could stabilize the market and avoid excessive volatility.While Ethereum's upward trend is supported by bullish sentiment, the surge in funding rates suggests a need for a short-term correction to pave the way for healthier and more sustainable price growth.

ChainCatcher news reports that Illia Otychenko, the chief analyst at the Gibraltar-based cryptocurrency exchange CEX.io, stated that ETH has been showing bullish signals since October. At that time, the weekly Relative Strength Index (RSI) broke through its downward resistance trend line.Otychenko pointed out that this pattern has historically been associated with bullish momentum.He also discussed the weekly MACD, which showed a "bullish crossover" at the same time, typically marking the beginning of a new round of rebounds. Otychenko noted that when this signal combination has appeared in the past, it usually led to ETH prices rising by more than 100%.

ChainCatcher news, QCP Capital's latest analysis points out that established cryptocurrencies have experienced a significant upward trend in the past two weeks since 2021. XRP has broken through its historical high of $2 in February 2021, surging 400% to $2.90 since November. During the same period, veteran projects like ADA, HBAR, and XLM recorded increases of 300%, 800%, and 600% respectively, showcasing the strong momentum of traditional crypto assets.This round of increase is mainly driven by two factors: first, Trump's proposal in November to eliminate capital gains tax on cryptocurrencies issued by U.S. companies; second, potential pro-crypto cabinet nominees. It is reported that current Cantor Fitzgerald CEO Howard Lutnick may take over as Secretary of Commerce, as his company is currently in negotiations with Tether. Meanwhile, the SEC chair position may be taken over by pro-crypto Paul Atkins, replacing current chair Gary Gensler.Although South Korea's implementation of martial law temporarily caused Bitcoin to drop to $93,500, the subsequent rapid rebound in the market indicates strong buying power. The report notes that while inflation concerns have compressed the expectation for three Fed rate cuts by 2025, and geopolitical risks from Trump regarding China, Mexico, Canada, and BRICS countries still exist, the cryptocurrency market is still expected to continue its upward trend.Analysts believe that with the potential launch of crypto-friendly policies by Trump's team and the continued entry of institutional investors, the goal of Bitcoin breaking $100,000 and Ethereum reaching new historical highs is shifting from a dream to reality. Investors are advised to pay attention to the strong market momentum and seize investment opportunities.

ChainCatcher message, crypto KOL Ansem posted on social media: "From a technical and fundamental analysis, Ethereum is currently in the best state of this cycle: ETH/BTC is stabilizing at the key support level of 0.03; the regulatory environment is improving, and we may see ETF staking products; the new generation of Layer 2 is about to launch, with Base and Virtuals performing strongly. Ethereum's price is expected to break through $5000."

ChainCatcher message, Three Arrows Capital co-founder Zhu Su posted on social media: "The current rise of HYPE is mainly driven by its L1 narrative, but my bullish reason is that it has captured a portion of the U-based perpetual contract market on mainstream trading platforms.Whether it is wise to reserve future supply for future seasons will be my biggest concern."

ChainCatcher news, the rise of the "Trump trade" in November has become a dominant factor driving global market trends. According to 4E monitoring, last week all three major U.S. stock indices rose, with weekly gains exceeding 1%. In November, the Dow Jones increased by 7.5% and the S&P rose by 5.7%, both marking the largest single-month gains of the year, while the Nasdaq accumulated over 6%. Large tech stocks saw widespread gains, with Tesla rising over 38% in November, achieving its best performance in nearly two years, and Nvidia accumulating a 179.23% increase this year. So far this year, the S&P 500 index has risen over 27%, compared to a 24% increase last year, leading to differing views on the outlook for U.S. stocks.The cryptocurrency market performed impressively in November, attracting widespread global attention. Bitcoin's monthly increase exceeded 37%, while Ethereum's rise reached 54%. Altcoins experienced significant gains at the end of the month, with market share continuously expanding; Bitcoin's market share has dropped by 8.15% from the peak of this bull market (61.78% on November 21), while the total market capitalization of altcoins rose nearly 70% in November. Historical data shows that Bitcoin has a significant average increase in December during the second half of the year, combined with the fact that most of Trump's cabinet are cryptocurrency investors, leading to strong bullish sentiment in the market.In the foreign exchange market, the dollar fell by 1.67% last week, ending an eight-week streak of gains, with a cumulative increase of 1.72% in November. The "Trump trade" boosted the dollar in November, hindering gold's upward momentum and triggering a sell-off after the election; spot gold fell about 3.7% in November, marking the largest monthly decline since September of last year. Oil prices continued to decline last week, with a weekly drop of over 3%.In recent weeks, investors have focused on Trump's various economic policies, but at the same time, the expectations for interest rate cuts by the Federal Reserve have also become quite nuanced. While the market expects an increased probability of a rate cut in December, the space for cuts in 2025 is continuously decreasing. The "near increase, far decrease" phenomenon largely reflects anxiety about the resurgence of inflation under a future Trump administration. This Thursday's speech by Powell and Friday's non-farm payroll data will largely set the tone for year-end rate cuts.eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, precious metals, and foreign exchange. Recently, it launched a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher news, Greeks.live macro researcher Adam published an analysis pointing out that 98,000 BTC options are expiring, with a Put Call Ratio of 0.84, the maximum pain point at $80,000, and a nominal value of $9.48 billion; 412,000 ETH options are expiring, with a Put Call Ratio of 0.75, the maximum pain point at $2,900, and a nominal value of $1.47 billion.Bitcoin's attempt to break through $100,000 is hindered, while ETH leads the market this week, with a rebound in altcoin rotation. The potential risks from the end of BTC's rally may be absorbed by ETH, and the bullish strength in the spot bull market remains robust.This week, over 20% of positions are expiring, and next month will see the year-end options, at which point 40% of positions will expire. A large amount of position shifting and the Christmas market will put pressure on implied volatility. The market atmosphere is currently very optimistic, with institutions concerned about replicating the end-of-year rally from 2020, making the options market appear more cautious.

ChainCatcher news, Kaiko released a report stating that ETF options are the latest bullish signal for BTC. Last week, several BTC ETF options made their debut, with BlackRock's IBIT options reaching a notional trading volume of $1.9 billion on the first day, totaling 354,000 contracts. In comparison, BITO options had a trading volume of $360 million when they launched in 2021. This strong buying power highlights the robust demand for BTC-linked derivatives and bullish market sentiment.Notably, over 80% of the IBIT first-day options trading volume was in call options, reflecting a strong belief in the price increase of Bitcoin. Trading activity was primarily concentrated on options with near-term expirations, with contracts expiring in December 2024 dominating. The share of IBIT call options significantly exceeded that of the largest crypto-native options market, Deribit, where call options accounted for 64% of trades.The launch of BTC spot ETF options could further accelerate institutional adoption. These tools allow investors to hedge risks and devise complex strategies to profit from Bitcoin's volatility. Additionally, they could drive the creation of structured products, which offer customized investments with specific risk-return characteristics, often developed by large financial institutions. This could attract new capital and a new wave of experienced institutional traders.

ChainCatcher news shows that according to SoSoValue data, BlackRock's Bitcoin spot ETF (IBIT) had a total of 354,000 options contracts traded this Tuesday, with a nominal trading volume of $1.86 billion, indicating extremely high market enthusiasm on its first day of listing. The options also drove a 32% month-over-month increase in IBIT trading volume. Among all traded contracts, 288,700 were call options and 65,000 were put options, resulting in a call/put ratio of 4.44, reflecting a generally optimistic market sentiment.Data shows that market trading is concentrated on bullish options expiring on January 17, 2024, with a price range of $55-$60. Corresponding to Tuesday's closing price of IBIT, there is an increase of 4.4%-13.9%, and SoSoValue analysts stated, "This roughly corresponds to a Bitcoin price of $97,000-$105,000, indicating that the market expects Bitcoin to reach $100,000 before Trump officially takes office." Notably, the implied volatility for January options is between 68%-69%, compared to IBIT's 60-day historical volatility in the 55% range, with implied volatility exceeding historical volatility, indicating that investors prefer to hold options rather than sell them.Additionally, Grayscale's spot Bitcoin ETF GBTC and BTC options trading will also begin its debut trading this Wednesday.

ChainCatcher news, the Nasdaq Stock Exchange listed options for BlackRock's iShares Bitcoin Trust ETF on Tuesday. Data shows that over 350,000 contracts changed hands, with about 80% being bullish bets. Among the 10 most traded options, 9 were betting on an increase. The most traded was a call option expiring in January with a strike price of $55, followed by a call option expiring in December with a strike price of $65, which is 25% higher than the ETF's closing price on Monday. Bitcoin reached a historic high of $94,032 on the day the options contracts were listed.Some investors expect that U.S. Bitcoin ETF options will attract more capital inflow. Caroline Mauron, co-founder of Orbit Markets, stated that the options trading volume is a "good start, showcasing the increasing connection between the crypto-native ecosystem and traditional financial markets. While the volume itself is not yet enough to influence the direction of the underlying asset, the positive news has indeed fueled bullish sentiment."

ChainCatcher news, Matrixport released a daily chart report indicating that in the past 24 hours, Bitcoin's trading volume surpassed $145 billion, setting a new historical high, nearly 50% higher than the flash crash in early August and the peak in March of this year.This surge in trading volume suggests that retail investors are returning to the crypto market. According to historical data, during bull market phases, retail trading activity typically lasts for several weeks or even months, so the increase in trading volume can be seen as a bullish signal.Google search interest in Bitcoin has also surged significantly, reaching a five-year high of 78%. Additionally, since the U.S. presidential election, inflows into Bitcoin ETFs have exceeded $1 billion for two consecutive days.

ChainCatcher news, Matrixport released its daily chart, indicating that the Bitcoin funding rate has soared to 37%, reaching its highest level since March 2024, reflecting a general bullish sentiment in the market. The futures open interest has also significantly increased from $16 billion in September to $28 billion.Given that Trump's inauguration will take place on January 20, 2025, the market has ample time to maintain this bullish momentum. Matrixport predicted a year-end target of $100,000 in its October report "Matrix on Target," and this milestone may be achieved ahead of schedule.