The crypto market is showing signs of growing up - when prices go up now, the drops aren't as scary as they used to be. While the biggest drop this cycle was 32%, most dips have only been around 25%, which is actually pretty mild compared to past cycles. This calmer market might be because big investors like ETFs are now involved, helping to keep prices more stable.

What Is an Uncle Block (Ommer Block)?

The uncle block (ommer block) phenomenon is relevant primarily within the Ethereum mining context. This concept takes place due to the inherent nature of the Ethereum ledger, which allows for only one block to be entered at a given time. They are also referred to as stale blocks by certain users in the blockchain space.

In any public blockchain, such as Bitcoin or Ethereum, users have open access to mining. Thus, a robust mechanism is needed to ensure sound validation for input data. The method found within the Ethereum blockchain system is one where blocks are individually registered on the ledger. In the case of a double-entry at a single point in time, the block would be counted, whereas the other would be discarded. The discarded block is essentially referred to as the uncle block and is crucial in ensuring that data alteration is avoided within the blockchain.

In order to understand why Ethereum structures its blockchain system in a manner that would give rise to uncle blocks, we need to take an in-depth look into how its data is structured. Several blockchains utilize the Merkle Tree concept based on which data blocks are linked to one another through ancestral relations, which include parents, children, siblings, and even uncle blocks.

It is important to identify that although the system rejects the uncle block (ommer block), the blockchain ensures fairness towards miners by not denying uncle block miners the reward for their efforts. Therefore, according to the coin’s commitment to a proof-of-work consensus structure, even uncle blocks are due to a specific block percentage reward along with transaction fees. This mechanism ensures somewhat of a level playing field for each of the miners, without a single party benefitting at the expense of the other. However, the uncle block reward attained through mining remains less than that of a completed block.

When a cryptocurrency decides to switch from a proof-of-work to a proof-of-stake system, the reward structure for uncle blocks takes a hit as well. In that case, the uncle block miners will be awarded only transaction fees and not a percentage of the block reward.

Here's the Analysis of #ENA :

#ENA going through the large consolidation phrase and moving back and forth on the levels. Nothing much clear as of now and later on have to see some sort of breakouts either side. In short-term we can see $1.00 as support and $1.10 as resistance.

#BTC flipped the resistance at the closing of the Daily Candle time and nearly gone to $100K. Price now going to have a consolidation ranges between $90,000 and $100,000 area. Nothing expect as of now better wait for the weekend to over.

#DEXE reached the final targets of $15 and made a high of $15.84, which is 74.83% in Spot profits and whopping profits of 740% in profits with 10x leverage. I hope you enjoyed the free call and other calls also getting into the targets.

#ORDI reached the support we mentioned after a good time and reacted around 12.37% profits. Prices goes into consolidation and need to see s breakout of the either side of the area to have a directional move.

The market had two big price drops that could have caused panic, but didn't. While most newer Bitcoin holders (who bought recently) were losing money during these drops, they didn't rush to sell like they usually do in past cycles. This shows investors might be getting better at handling temporary price dips without panicking. 🎢

Wishing you Merry Christmas and a Happy New Year in Advance that makes you smile every day with achieving goals and targets 🎯

It's long journey friends and I hope you're along with us for the new chapter of 2025😀

Here's the Analysis of #ACT :

#ACT dropping hard with the market correction, and also broke the Small Triangle pattern. Price Might continue with the correction more and there's not support looking left as its recently listed coin. Buys only after $0.43.

#BTC very slowly moved higher towards the $100,000 mark and failed by few dollar, Price also formed a small channel, which might lead the direction of the market with a breakout. Market right now is pretty slow, better wait for the volume to kick-in.

#YFI retraced more than 80% of the move it made and still going bearish at this point. Still, waiting for the price to have the reach the key area below $8000 to $7000 looks good enough.

Here's the Analysis of #THETA :

#THETA rejected from the key resistance area of $3.33 - $3.46, and also moving through the channel pattern. Price going for an another correction leg down towards the support zone around $1.68. Buys likely to happen there, take it accordingly.

#BTC broke the small channel to the downside and gave a close below candle. Price reached the lower support zone (grey box) around $95,000 and holding. Price again formed a small consolidation over the support, and volume is low and random as well.

#VOXEL is broke below support due to strong bearish in market. Price started a small range below the resistance, and might continue lower as market is not strong enough to move anywhere.

While many newer Bitcoin holders were technically losing money during the price drops, their actual losses weren't as bad as we usually see in down markets. Think of it like this: even though lots of people were underwater on their investment (meaning the price was lower than what they paid), they weren't drowning - the water wasn't that deep. This suggests these market dips were milder than typical crypto downturns, even though they affected a large number of recent investors. 🌊📊