🌟🚀 Massive AltSeason Surge!🌪️📈
#Bitcoin #ETH #Solana #ARB #Render #AltSeason
Massive AltSeason Surge
Another Halving Cycle View: Higher + Earlier
Van eck As we approach 2024, we anticipate the advent of Bitcoin 4.0. With potential regulatory clarity and broader acceptance, we believe Bitcoin stands on the brink of its coming-of-age story. The expectation is that with the approval of a Bitcoin ETF and other investment vehicles, Bitcoin will transition to a more stable and accepted member of the financial community. This era is where we may see an influx of investors, both retail and institutional, acknowledging the legitimacy and potential of Bitcoin as a cornerstone of modern portfolios.
Spot ETF Talks Heating UP
https://www.cnbc.com/2023/12/07/us-bitcoin-etf-issuer-talks-with-sec-have-advanced-to-key-details-sources.html?__source=sharebar|twitter&par=sharebar
Bitcoin Positioning
The chart above shows the number of Bitcoin contracts held in the “asset manager” category within the Commitment of Traders report (CoT), as defined by the Commodity Futures Trading Commission (CFTC). That includes mutual funds, pension funds, and other long-only investors. It does not include hedge funds, CTAs, or other levered players (that’s a different category not shown in the above chart). As the chart suggests, there clearly has been a growing interest in recent weeks, and my guess is that some of these positions are in anticipation of movement from the SEC. In that case, these holders might sell futures to buy spot when the big announcement finally arrives. That’s not to say it will be a “sell-the-news” event, but it does suggest that the price action could be more two-sided.
Bitcoin Ordinals
Jack to Censor Bitcoin Ordinals
Bitcoin vs Gold 2023
ETH Playing Catch Up
Last Few Hours - Wild Swings to ETH and Alts!
AltSeason Reversal
On November 20th, 255M Pyth Tokens will be Airdropped to 90K Wallets Next Week. The network's native token PYTH will initially have a circulating supply of 1.5 billion, with 85% of the total supply being locked between six and 42 months.
Pyth Network
Pyth Network is the largest first-party oracle network for publishing financial market data on-chain. The network sources its data from over 90 first-party data providers, including some of the biggest exchanges and market makers. Pyth offers real-time price feeds for cryptocurrencies, equities, foreign exchange pairs, ETFs, and commodities to smart contract developers on more than 40 blockchains.
The Pyth Network airdrop on Solana may attract new users, enhance community engagement, boost market liquidity, serve as a marketing tool for the Solana ecosystem and potentially lead to token value appreciation.
Conclusion
The positive shift in sentiment around the Solana, merged with the incoming airdrops from Pyth Network and Jupiter are a recipe for an explosion of activity in the ecosystem.
Top Names vs BTC Last Month
Majority beating
Market Share of Volume - 67% Alts
Non Stop SOL Headlines
https://www.newsbtc.com/news/solana/solana-dominates-ethereum-in-daily-active-wallets-sol-back-to-140/
Solana Surge to $90 In Sight
SOL Ascending Triangle
IA SOL UPSIDE MODEL (free on investanswers.io)
Just killed 10% ETH MC
Killed ADA, killed 6% ETH, now killed 10% ETH next is 20% ETH or 139
SOL on ATR - Heading to Layer 2
Killed ADA, killed 6% ETH, now killed 10% ETH next is 20% ETH or 139
DAU by Chain
Black Hole Sun
From
To
Bobby Apelrod / / nicefeet.sol
@tofushit888
How can u possibly look at this chart and still fade $SOL haha
Slowly, then all at once
Black Hole Sun
DePIN - Hot in 2023 - Hotter in 2024
VOL is all SOL (and Doge)
Happy Birthday Doge
Speaking of Doge
Speaking of Memes - Bonk Flips Ape
McHenry Plans to Leave
India Entering the Picture