#BTC 97,000

#BTC created new All Time High Back to back and hit the over $97,000. Well, that a very for the crypto market we 're approaching towards the $100,000 mark very soon. Right now, we have no levels to marks, have to wait for the retracement.

#ALT dipped back to the expected support zone and gave a reaction from there around 7% in favor. #BTC needs to stable down and to have a altcoin rally in the market.

#BTC 98,000 🙌

2000 more to go

The recent Bitcoin market has seen remarkable investor enthusiasm, with U.S. spot ETFs attracting $8.8 billion in just 30 days. This impressive growth exceeds the $6.9 billion increase in CME futures, revealing a strong preference for direct spot market investments.
Investors are increasingly choosing ETFs over traditional futures, signaling growing confidence in Bitcoin's market potential and a strategic shift towards more accessible investment methods.

Here's the Analysis of #HBAR :

#HBAR got it hard rejection from the major resistance area of $0.152 - $0.157. This is the weekly TF, and on Daily we have some retracement going on $0.1 will be good area for buys.

Here's the Analysis of #DOGS :

#DOGS having a bit less price to analysis but formed a good support around $0.00048 - $0.00054 and Strong Resistance area at $0.00079 - $0.00083. Its a range and wait for the price to have a breakout of the zone. Overall, #DOGS community trying to build a strong, but going less with the risk.

🇺🇸 SEC Chair Gary Gensler to resign on January 20

US seems to go strong wing for crypto 🙌

#BTC continues it rally and kept on printing bullish candle with a 1-2 bearish candle as pullback in LTF. We're near to the historical price point for $100,000. Sooner or later we'll see a tap into $100,000 milestone.

$ALT made a high of $0.117 which is 16.2% in profit. Price reached the resistance area already and better to lock some profits here and hold rest to breakeven. Potential scale-in can be done at $0.11 targeting the top resistance at $0.135 - $0.140.

Bitcoin has entered a new price discovery phase, putting all of the circulating supply into profit. This chart shows the percentage of supply held in profit, alongside the count of consecutive days each month where this metric is more than 95%.

Historically, these euphoric phases have persisted for around 22 days before a correction occurs, pushing more than 5% of the supply below the original acquisition price. The current rally has maintained this high-profit level for 12 consecutive days, underscoring strong market sentiment but also hinting at the possibility of a correction ahead based on past patterns.

Here's the Analysis of #TURBO :

#TURBO dip inside the strong support zone of $0.0071 - $0.0077 and also getting it support from the trendline. In other way price forming a triangle pattern and expected a bounce through here, and buys looks good after $0.0081 on a retest.

#BITCOIN DAILY TF UPDATE :

#BITCOIN broke the consolidation range and floating near the $100,000 milestone. Well, Nothing as of now, Price is teasing near the $100,000 level and in case next week we might have some retracement if we don't see a hit of $100,000 in this weekend.

#ENA exactly rejected from the $0.50 level from support and moved around 33.4% in profits. Price near to its resistance area, so you can book some profit right here and hold major position for the Bull run. Waiting for the flip of the resistance to have the buys again on retest.

The current Bitcoin rally has triggered $20.4 billion in realized profits since reaching new all-time highs. This is significant but still falls below historical patterns, where profit-taking typically reached $30-50 billion before market momentum slowed.
This lower profit-taking level suggests the current rally may have more room to grow before hitting the usual exhaustion points seen in previous cycles. Historical data indicates investors aren't yet cashing out at rates that typically signal a market top.

What Is Total Value Locked (TVL)?

If you have been using DeFi tracking sites, the chances are high that you have run into total value locked (TVL) as a reference point. To put it simply, “total value locked” represents the number of assets that are currently being staked in a specific protocol: this value is not meant to represent the number of outstanding loans, but rather the total amount of underlying supply that is being secured by a specific application completely.

Total value locked is a metric that is used to measure the overall health of a DeFi protocol.

There are three main factors that are taken into consideration when calculating and looking at a decentralized financial services' market cap TVL ratio: calculating the supply, the maximum supply as well as the current price.

In order to get the current market cap, you need to multiply the circulating supply by the current price. In order to get to the TVL ratio, you would need to take that market cap number and divide it by the TVL of the service.

One of the main use of the TVL ratio is to help determine if a DeFi asset is undervalued or overvalued. If it is under 1, it is undervalued in most cases.