Crypto柯基

If you are still waiting for $MERL to experience another miraculous rebound, you may be truly disappointed. The threshold of $0.5 has already been validated three times as an "effective top," and each time it has become weaker. The price is unable to rise, yet the trading volume is increasing, which essentially indicates one thing — the upper area is a dense cashing-out zone.

From the market structure perspective, $MERL is currently in a typical downward channel: the highs are continuously decreasing, the rebound cycles are shortening, and the bulls simply cannot withstand the selling pressure. The current price is hovering around $0.40–$0.42, which is not strong; rather, the bears are waiting for a better entry point.

The trading strategy is very clear:
• In the range of $0.44–$0.46, as long as the rebound lacks volume, it is a standard shorting zone.
• Set the stop loss above $0.485; if it does not break the previous high, the trend remains unchanged.
• If $0.395 is effectively breached, it indicates a confirmation of weakness in the structure, allowing for additional shorts in the trend.
• The initial target below is around $0.34, and under extreme sentiment, a test of $0.30 cannot be ruled out.

More importantly, the expectations for unlocking in December continue to exert pressure. Even if the actual selling pressure has not been fully released, market psychology has already taken the lead, and buyers are naturally cautious of high prices, directly leading to the arrival of year-end bonuses!!

Big Red Envelope 🧧 🧧

Ultiland's new asset #Artoken #king has started subscription
Already starting to worry
In two weeks, will they post something like
"I also followed KING at that time"
Just thinking about it makes me not want to bet on that probability
I'll go first!$ARTX
dapp.ultiland.io

The new assets of Ultiland #Artoken #king have started subscription
I'm already worried
In two weeks, will they post something like
"I also followed KING at that time"
Just thinking about it makes me not want to bet on that probability
I'll go first!

$IP The liquidity premium in the Korean market has reached its peak. Be cautious of this 'whip-around' wave of 'cutting the grass'
$IP Recent sharp fluctuations near 4.0 USDT are essentially a battle between short-term sentiment in the Korean market and institutional withdrawal intentions. On the surface, the turnover rate is astonishing, but in reality, it's a large-scale 'transfer of holdings' at high levels, leaving extremely limited room for bullish speculation.

1. Trading behavior: A distorted trading structure, risks are accumulating
Loss of Korean market premium: IP's trading share on Korean exchanges once exceeded 50%, a surge driven purely by short-term sentiment, which is extremely unstable. Once Korean retail investor enthusiasm declines, liquidity drying up will cause prices to plummet instantly.

Illusion of turnover rate: 24-hour trading volume is abnormally high, yet prices stagnate around 4.10 USDT. This indicates that although buying pressure is strong, it's entirely absorbed by much larger selling pressure. This is not a washout phase—it's a distribution phase.

2. Fundamentals: Narratives fail to materialize, VCs are 'sharpening their knives'
Unlock countdown: The unlock in early January is a known bearish factor. For VCs, distributing holdings when liquidity is most abundant (i.e., now) is their only option.

Lack of support: There is no real TVL growth or application deployment within the ecosystem. At the current price of 4.0 USDT, aside from retail investors speculating on short-term price swings, no long-term capital is willing to step in and absorb the supply.

Trading strategy:
Entry point: The 4.05 - 4.15 USDT range is an excellent defensive short entry point. The risk-reward ratio for short positions is extremely favorable in this range.

Addition signal: If the price breaks below 3.92 USDT effectively (today's key strength/weakness threshold), it indicates that bulls have failed to defend, and the bearish structure may accelerate—this is a good opportunity to add positions.

Stop-loss: Strictly set at 4.32 USDT. If the price breaks through and holds above this level, it suggests the market may still experience extreme irrational rallies, and one should retreat to observe.

Take-profit targets: Short-term target: 3.60 USDT
Medium-term target: 2.80 - 3.00 USDT (fair value reversion zone after the unlock)

Summary: Don't mistake 'holding transfer' for 'trend initiation'. Stagnation amid high turnover is a typical signal of major players exiting. A rebound is a selling opportunity.

#IP

Moss's newly released 2025 annual summary says SOL is my lucky coin this year.

It's not that I always want to trade; the market conditions keep tempting me to act.

Also, this annual report can actually analyze my funding rate income? 2026, let's make a short drama titled 'Reincarnation: My Life as a High-Frequency Rent Collector at Binance'
#MossRecap2025

Big Red Envelope 🧧🧧

This doesn't feel like the stage of pulling up the market.
It feels more like everyone suddenly realizes
that they were too quiet before they had enough positions at $ARTX .
And this is often the fastest segment. Especially when you see how popular BG On-chain is, it always feels like it's aimed at BG spot!
#Ultiland

Big Red Envelope🧧🧧

$MERL This kind of trend, my friends, really don’t hold onto any fantasies anymore, the bears have completely taken over the game!

Three attempts to touch $0.5, and each time got beaten down to the point of losing direction, this is a typical case of "bull exhaustion." Each surge is just to create an opportunity for large holders to retreat. $0.5 is now a ghost gate; as long as it doesn’t rise above it, the downside space will be fully opened.

The current strategy is very simple: short on the highs, definitely don’t play the hero who picks up the pieces at this position. The trend has turned bad; before the market hasn’t dropped thoroughly and there are no signals of increased volume and reversal, any rebound is just a trap for more buyers, stay away from it!

If you are seeing $SENTIS for the first time today,
I can only say one thing: you will feel very uncomfortable.

Because it has already reached 0.5U this afternoon,
having risen more than 20 times from the bottom,
it belongs to the kind of trend where the later you notice it, the more painful it is psychologically.

What’s even more outrageous is that this line is unreasonably strong,
but it’s not the kind of false strength that crashes immediately after a surge in emotions.
Those who understand the market know:
There is support, there are expectations, and there is continuous buying,
this is a typical trend structure, not just a gamble.

A key point:
This wave of interest is not just hype.
Alpha has been in the lead for a long time, with rhythm after rhythm,
the market's attention has been continuously realized,
at the same time, the project is still continuously building, not just a one-time pump and dump.

The direction is also very clear, not a false narrative:
The April BNB AI Hackathon endorsement is there,
the main line is the DeFAI automation layer (strategy / execution / risk control),
plus the LaunchON Agent can create ecosystems,
it belongs to a structure that can continuously expand usage scenarios.

In summary:
This is the kind of project where if you don’t pay attention now,
every time you see it hitting a new high in the future, it will only be harder to bear.

$FHE This is not 'optimistic', but rather a reality validated step by step.

Many projects survive on narratives, while $FHE is more like being pushed forward by demand.

When AI truly enters production environments, the first hurdle is not computational power, but data privacy. Whoever can complete calculations without leaking data holds the ticket to the next stage, and FHE is currently one of the most mature and recognized solutions.

There’s no need to elaborate on the technical aspects; the absolute core of fully homomorphic encryption is continuously being monitored and invested in by Vitalik and the Ethereum Foundation, indicating that this is not a short-term trend, but a long-term infrastructure.

More crucially, implementation: ByteDance and Alibaba Cloud × DeepSeek have already integrated FHE into real business scenarios, with data running and models in use; this step is more important than any roadshow.

On-chain performance is equally solid: 2.27 million addresses, 60,000 AI Agents, 3.2 million transactions; the ecosystem does not rely on subsidies to hold up, but operates naturally.

Market reactions are also very direct: it has repeatedly appeared on Binance’s gain rankings, with funds choosing to vote with real money.

Adding another layer of certainty: locking $FHE can participate in the $Pippin airdrop, with the official reserving 1% of the total supply, providing returns on time costs.

The conclusion is not complicated: for AI to scale, privacy is a necessity; to resolve privacy issues, FHE is the core path.
0.0758 is more like 'an underestimated reality' rather than an imagination.

#FHE

To be honest, from last night until now, I only have one feeling: dumbfounded.

Against the backdrop of market fluctuations and emotional reversals, #beat has accelerated all the way, easily achieving a daily increase of over 100%. It's not that I didn't make money; I did earn profits a few times through buying low and selling high, but almost every time I sold, it immediately hit a new high. That feeling of making money while feeling regret is truly tormenting.

After calming down, I re-studied Audiera's business and token model, only to find that this is not a market driven by emotions. #beat is not a concept project supported by sentiment, but rather a model of "real cash flow + deflation" that has already been proven.

What truly changed my perspective was its upgrade of the on-chain logic for established IPs. Compared to commonly seen high FDV and high unlock projects, Audiera has chosen a more restrained path: low initial circulation, single-token model, and an extremely clean chip structure, which effectively reduces sell pressure from the very beginning and makes value capture more direct.

The AI Payment launched on December 1 is a key step in the entire flywheel. Users can directly use $BEAT to pay for AI music generation and other services, marking the first real conversion of Web2 payment behavior into on-chain revenue. To date, it has generated over 148,900 #beat in real income, part of which is used for periodic destruction, with the first batch of 125,000 #beat permanently sent into the black hole.

When you put these data points together, you will find a very clear logic: real users → real payments → token consumption → periodic destruction → enhanced scarcity. Coupled with Audiera's 600 million historical users and over 5 million on-chain users, $beat is no longer just a trading chip but an asset with actual utility.

Therefore, I am more inclined to believe that this round of price increase is not a coincidence. #beat is redefining the value logic of Web3 entertainment IPs with real income and deflation mechanisms.

Caught in the act! $MERL major player is in a hurry to flee, can we not run?

Stop looking at the data, start focusing on action! Today, a major player dumped 16 million $MERL into the Bybit exchange all at once.

Major players know better than anyone the power of 70 million tokens being unlocked, they are afraid of slippage later, so they simply 'jumped the gun' to cash out early. If even the big funds are this pessimistic, what are the small retail investors still fantasizing about a rebound? Follow in the footsteps of the major players and avoid this wave of risk!

#merl #链上追踪

Caught in the act!
$MERL
Big players are in a hurry to escape, can we not run?

Stop looking at the data, focus on the action! Today, a big player dumped 16 million
$MERL
into the Bybit exchange in one go. What do we call this? This is called preemptive liquidation!

Big players are well aware of the power of 70 million tokens being unlocked, they are afraid of significant slippage later, so they simply 'run away' to cash out early. If even large funds are so pessimistic, what are small retail investors still fantasizing about a rebound? Follow the footsteps of the big players and avoid this wave of risk!

#merl #链上追踪

Has anyone noticed the movements of Jump? They transferred nearly 400,000 coins to the exchange on December 10th, $H . Now they are continuing to transfer coins. It feels like a stampede.

Essential Test for Fraud Prevention

$H The essence of this wave of market is a liquidity trap. There was a surge in the morning, attracting retail investors to enter the market, and then large traders took advantage of the buying pressure from retail investors to sell off. Looking at the buy and sell order data, there are 83 buy orders and 100 sell orders, with more sell orders. Although the net trading volume is positive at +$75.09, this is only due to the morning surge. The current situation is that the price is falling back. This ""first lure in then smash down"" model is very common in high-concentration cryptocurrencies. The top 10 account for 83.79%, which means that a few whales can manipulate the price at will. Retail investors have no advantage in such cryptocurrencies and can only passively accept price fluctuations.

$H This reckless selling method shows that the big players' current strategy is clearly just to get rid of inventory without looking at the price.

$MERL Three strong attacks at $0.50 'Death Wall'! Bulls have been shot down, what should we do now?
Brothers, $0.50 of $MERL has become a 'Death Wall'!
In the past three weeks, we have seen bullish funds charging upward with great determination, but each time they have been ruthlessly smashed down at the $0.50 hurdle! What does this signal?
• ⚡️ Snipers in position: Every time it approaches $0.50, a large number of sell orders emerge in the order book, holding the price down firmly. This indicates that there are a lot of structural trapped positions or early profit-taking, treating $0.50 as the only exit opportunity. The volume has increased, but the buyers are not resolute enough!
• 📉 The market is dragging behind: Big brother BTC and second brother ETH are both retreating, and the market atmosphere is starting to weaken. At this time, it is directly doubled in difficulty for $MERL to force a breakthrough against the trend! No one dares to chase after the resistance level.
• ⛓️ On-chain profits fleeing: Don’t forget the on-chain data! A bunch of smart money addresses started to flee around $0.50, primarily for short-term arbitrage! Their selling pressure has created a thick 'ceiling' above.