Analysis: $3150 is an Important Support Level for Ethereum

On November 14th, as monitored by PeckShield, when BTC fell below $100,000, a whale that was using Compound to go long on WBTC (0xceef...ba42) was liquidated. The whale had collateralized WBTC and borrowed USDT and DAI, resulting in a liquidation amount of $6.67 million.

On November 14th, based on HTX market data, within the Sui ecosystem, the Meme coin HIPPO witnessed a short-term 70% plunge and is now trading at $0.002221.

November 14th: In the cryptocurrency market, there was a new round of sell-offs. Bitcoin fell below the $100,000 psychological level and hit a low of $96,600, refreshing the low since May. With the significant decline in the US tech sector and the resurgence of risk aversion sentiment, large funds, ETF positioning funds, and corporate buying pressure that had previously supported the market all withdrew simultaneously, resulting in a rapid shift in the market structure towards fragility. 10x Research confirmed that the market has entered a bear market phase and pointed out that the weakening of ETF fund flows, the accelerated selling by long-term holders, and the low retail participation are the current main reasons. From a market structure perspective, after Bitcoin lost the monthly midline support at $100,266, the price is now rapidly testing the downside liquidity zone. The short-term support is in the range of $93,000 to $95,000. If it is broken, the next liquidity gap may move do

On November 14th, as per RaveDAO News, the initially planned five-day RaveDAO Genesis Membership NFT minting event got sold out one day in advance because of the strong global community demand. The sales pace of each membership tier over four days was as follows: The Emerald Pass: It was sold out within 11 minutes after its launch. The Black Pass: It was sold out within 1 hour after its launch. The Gold Pass: It was sold out within 23 hours after its launch. The Platinum Pass: It was sold out on the 4th day after its launch. This event attracted users from Asia, Europe, North America, and other regions to participate, and the communities in various time zones showed high activity, which demonstrated strong market expectations for the RaveDAO ecosystem and future roadmap. The list of winners for the Genesis Rewards lottery will be announced on the X platform and Telegram one week after the Total Good Enough (TGE) ends, and the corresponding lottery rewards will be distributed two weeks

On November 14th, Eric Trump once more extolled Bitcoin during an interview with the Fox Business Channel yesterday evening. He claimed that modern finance has numerous problems, such as the incapability of conducting transfer transactions on non-working days. "Cryptocurrency will thoroughly address these issues. Bitcoin is digital gold; it will evolve into one of the most remarkable stores of value we have ever witnessed."