ChainCatcher message, top trader Eugene Ng Ah Sio posted on X, "Bitcoin at $94,000, Ethereum at $3,500, SOL at $200. I believe the market has established these levels as key support. If these support levels are broken, it seems that holding altcoin positions in your portfolio is no longer a good idea.""If these support levels hold, the game continues."

ChainCatcher news, 10x Research released an analysis stating that as the Christmas holiday approaches, the market environment has become more cautious, and the risk of expanding sideways consolidation has also increased. Retail trading volume has significantly decreased, with cryptocurrency trading volume in South Korea dropping from a peak of $25 billion to the current $6.7 billion.Similarly, Binance's spot trading volume has fallen from $60 billion to $24 billion, indicating a loss of overall momentum. Given these trends, now is a wise time to reduce leverage, consolidate positions, and focus on high-conviction core assets.Historically, when the Bitcoin price reaches 4 times its total cost basis (MVRV ratio), it typically triggers large-scale profit-taking, marking the peak of a bull market. Currently, the MVRV ratio is at 2.7 times, which we refer to as the "mid-cycle peak," during which many investors begin to consider taking profits.For Bitcoin, the key support level is at $95,000. If it breaks above $100,000, this could be a strong buying opportunity, but if it falls below $95,000, traders should proceed with caution and carefully manage risk.

ChainCatcher news, according to Barrons, analysts have stated that Bitcoin's performance has surpassed that of Ethereum, with the price ratio of the two reaching a historically significant support level. This has led to Ethereum being viewed as a "value" investment. Amid this frenzy, a benchmark for Bitcoin has even emerged. Some analysts believe that Bitcoin's price remains cheap compared to other cryptocurrencies, especially Dogecoin, which has seen an increase of over 300% this year.However, this is not just an analysis of cryptocurrencies; the market has also seen bizarre phenomena like the squirrel peanut (PNUT) cryptocurrency. A squirrel named "Peanut" in New York City became a controversial focal point due to its popularity on social media, which led to the creation of a cryptocurrency that once had a market capitalization exceeding $1 billion. This absurd phenomenon has sparked discussions about market bubbles.

ChainCatcher news, Matrixport released today's chart stating that the funding rate for Bitcoin continues to rise. Although BTC is undergoing a typical market correction, leveraged traders remain confident about the future. From a technical perspective, the price may pull back to the $89,000-$90,000 range, a key support level that is expected to stabilize the market. With the Thanksgiving holiday approaching, Bitcoin's astonishing gain of +119% year-to-date is sure to be a hot topic at holiday tables.More notably, Bitcoin is expected to once again be the best-performing asset of the year. The highlight of this rally is that traditional finance (TradFi) investors are increasing their positions through ETFs. Looking ahead to 2025, more institutional funds may flow in, further solidifying Bitcoin's strong upward momentum and reinforcing its long-term bullish outlook.

ChainCatcher news, according to on-chain analyst Ali, the current key support level for Ethereum is $2300, with 2.4 million addresses purchasing $52.6 million worth of Ethereum. If this demand zone is lost, it could lead to a sell-off as investors may seek to minimize their losses.

ChainCatcher news, on-chain analyst Ali posted on X stating that based on IntoTheBlock data, Ethereum's key support level is between $2290 and $2360, where 1.9 million addresses hold approximately 52.3 million ETH. If this demand zone is broken, selling pressure could push ETH down to $1800.

ChainCatcher news, according to Cointelegraph, cryptocurrency traders analyze that Ethereum's price has currently reached a critical support level and is at a tipping point. If it fails to hold, it may lead to a drop below $2800.Michael van de Poppe, founder of MN Trading, stated, "If this key level is lost, Bitcoin may test $60000, and Ethereum will test $2800 as the last major correction."Anonymous cryptocurrency trader Crypto Wealth believes, "The only other level the price might reach before a full reversal is around $2700."Anonymous cryptocurrency trader Poseidon added, "At this point, the price should sweep below the $2800 low and test weekly demand, with a fluctuation range around $2500-$2700."

ChainCatcher news, IntoTheBlock data shows that approximately 3.69 million addresses hold 1.24 million ETH, with an average holding price of around $3000, which marks an immediate and psychological support for Ethereum.However, it is relatively weak compared to the key support level of $2,700. Within this range, 11.11 million addresses hold up to 59.07 million ETH, with an average holding price of $2,647.

ChainCatcher news, according to The Block, CryptoQuant analysts stated that the Bitcoin price has fallen below the on-chain realized price of $65,800 for traders, which is a key support level for the bull market. As Bitcoin has broken through this critical price support level, it may indicate a pullback of 8%-12%, potentially leading the price down to $60,000.

ChainCatcher message, 0x Research released this week's market analysis report, key points are as follows:After two weeks of bearish sentiment, we turned bullish over the weekend, expecting Bitcoin to rise soon, as bearish pressure has been replaced by new bullish sentiment;The three reversal indicators it focuses on remain bullish and will continue to do so, with expectations that Bitcoin will start a strong rebound this week. Unless the market (Bitcoin) falls below $68,000, the bullish outlook will continue.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on social media, "The net inflow rate of Bitcoin spot ETFs is slowing down. If the Bitcoin price approaches key support levels, demand may rebound. The new whales are mainly ETF buyers, with an on-chain cost basis of $56,000. In a bull market, corrections typically lead to a maximum drawdown of about 30%, with the maximum pain point at $51,000."