Behold, Texas now stands as the belle of the blockchain ball, a pioneer in state-level digital decadence. Will other states follow? Oh, the drama! The intrigue! The potential for copycat theatrics is simply divine. 🎭💃
Bitcoin, that digital darling, now flounders between $88,000 and $92,000, a far cry from its heady days. Having tumbled over $40,000 in a fortnight, it seems the crypto gods have grown restless. Brandt, our sage of commodities, took to X (formerly Twitter, for the uninitiated) to sound the alarm with a chart so dire it could curdle milk. 🥛⚰️
The crypto community, ever the loyal brigade, unleashed their wrath upon JPMorgan. Yet, the banking giant remained silent, as if pondering its next move in this grand chess game. 🦁🤐
And just when you thought it was relaxing… BAM! The derivatives market gets a workout, with traders throwing their tokens around like it’s a game show-“Will the real XRP please stand up?” Spoiler: They’re betting like it’s the Big Game! 🏈💸
So, Solana’s ETFs are like that one friend who always shows up with wine-consistent, appreciated, and slightly suspicious. 🍷 20 days of net inflows? Impressive. Or is it just the crypto equivalent of a participation trophy? 🏆 Either way, institutions are throwing money at it like it’s a going-out-of-business sale at a blockchain boutique. Meanwhile, altcoins are sitting in the corner, muttering, “Why wasn’t I invited?” 😢
One has a path back to glory, another a reversal setup so deep it’s practically a trench, and the third? Well, it’s riding a narrative so strong, it could outlast a Coward monologue. Each offers a discount narrative as unique as a cocktail at the Savoy. 🍸
Sonic is like a fighter stuck in a corner, unable to land a solid punch. On lower time frames, it’s been nothing but breakdown after breakdown, reinforcing its bearish doom-loop.
What is this “real signal,” you ask? Why, it is the crossing of two Exponential Moving Averages (EMAs), those arcane lines that dance upon the charts like ghosts at a midnight ball. Egrag Crypto, with the gravity of a prophet and the flourish of a vaudevillian, declares this intersection between the 50-day and 200-day EMAs to be the harbinger of a trend reversal so explosive, it might make even the most stoic trader blush with excitement. Or is it merely a trick of the light, a mirage in the desert of despair? 🕺💫
First Hour Volume -> $16.30M
Day Projection -> $105,950,000 in Share Volume
For Bitcoin, December is almost a comfort zone: a median gain of around 8.42%, with notable years like 2017 (38.8%), 2020 (47.8%), and 2016 (29.2%) acting as proof that this coin likes to finish strong. It’s the dependable old man at the holiday dinner, always showing up with a smile and a wallet full of cash. But XRP? Ah, XRP’s style is much more like a tense family gathering-full of surprises, some of which are delightful, like a sudden gift, and others less so.
