Why does Bitcoin frequently decline around 18:00 Moscow time
Bitcoin almost every day drops at the same time—when the US market opens, activity and trading volume sharply increase.
The decline resembles the operations of large high-frequency traders who profit by pushing prices down and then buying at lower prices.
Jane Street is often mentioned in discussions due to its substantial holdings in Bitcoin ETFs and its resources to execute such operations, although there is no direct evidence of its involvement.
In recent weeks, many have noticed a strange pattern: Bitcoin often begins to

As the end of the year approaches, Gate is launching a special VIP Newcomer Privilege Gift, unlocking exclusive privileges for both new and existing traders. New users who provide proof of their VIP status elsewhere can directly receive a VIP 6 or VIP+3 experience card, while existing users who upgrade to VIP 5 or above can receive an upgrade bonus of up to 1,000 USDT.

AETDEW, AB Charity Foundation, and AB DAO signed a memorandum of understanding in Kuala Lumpur on November 22, aiming to jointly promote the development of engineering technology, smart grids, and renewable energy systems to address the energy challenges faced by developing countries.

The data also shows a weakening in fundamentals. Both whales and retail investors have seen a significant drop in trading activity, indicating reduced network participation. When both large and small traders weaken simultaneously, it often signals insufficient demand and a lack of natural buying momentum, making it difficult for Bitcoin to stage a strong rebound.

#ETH走势分析 Recently, the trend has been a bit weak, and the price has fallen below the daily chart's middle band. On the technical side, there have been three consecutive Bearish lines, and the Trading Volume is also shrinking, indicating that the buying power is clearly insufficient.
Currently constrained by the resistance of the descending trend line, the momentum for an upward breakout is still relatively lacking. In the short term, if it can be considered to layout light short positions near the 880-875 range, the target is set at the 865 level.
$BNB $BTC

Recently, the $Hong Kong Charity Fund donated over 76 BNB, approximately $67,000, to Animoca's Hong Kong Relief Fund through a transaction tax mechanism on the Flap platform. This case demonstrates a new model for the crypto community to utilize smart contracts for charitable donations.

A real-time dashboard estimating the fair value of Ethereum at $4747.4, which is undervalued by 56.9%, has been launched by Simon Kim, founder of the venture capital firm Hashed. The dashboard updates every two minutes and combines eight valuation models from TradFi and encryption analysis.

The correlation between Bitcoin and AI stocks has strengthened, and the Fear and Greed Index has declined. On the technical side, Bitcoin may encounter ETF-related selling pressure around the $95,000 mark, while the $80,000 to $82,000 range remains a key support level.

Despite some lawmakers proposing to establish a regulatory framework for the local stablecoin market in South Korea, the relevant legislative work is progressing slowly. The Central Bank of Korea insists that only registered banks can issue the Korean won stablecoin, a position that has met strong opposition from the local market, hampering the development of the stablecoin market.

Wintermute purchased $500,000 worth of FLUID tokens on-chain, and with the impending maturity of the liquidity provider loan, this means they are buying back the tokens they dumped earlier this year at a discounted price to repay the loan. (They acquired the FLUID tokens at a price of $10 each)

FLUID token briefly surged by 50%, possibly due to Wintermute purchasing $500,000 worth of FLUID and planning to buy back and repay the loan at a discounted price. Currently, Wintermute holds a large amount of FLUID, with the loan due in mid-December.

Bitcoin whales have been increasingly active during the price fall over the past six weeks, with over 102,900 transactions worth more than $100,000 and over 29,000 transactions worth more than $1 million this week. Santiment states that this week is expected to be the most active week for whales since 2025.

The Bitcoin life insurance company simultaneously raised $82 million in funding, led by major investors such as Apollo and Bain, highlighting the growing demand for financial products priced in Crypto Assets and the support for innovative insurance solutions in the Crypto Assets sector.

In the past 24 hours, the trader's activities included two trades, with a total profit of $422,000, consisting of one profitable trade and one losing trade.

Some Americans have started to use the heat generated from crypto mining for home heating. Analysis by digital asset broker K33 shows that the Bitcoin mining industry generates about 100 TWh of heat each year, enough to meet the heating needs of the entire country of Finland, but most of the heat is wasted.

The Gate GUSD minting limited-time rewards event has begun. Users can complete tasks between November 14 and 28 to enjoy an annualized return of up to 50%. GUSD can also be combined with other financial products to achieve multiple returns.

That said, CleanCore has completed a $175 million private sale to collaborate with House of Doge on developing an official DOGE treasury strategy, demonstrating that institutional investors still have confidence in the DOGE ecosystem.

CreditSights analyst Mary Pollock warned that SoftBank bonds may be affected by AI market sentiment, even though its second-quarter performance was strong due to the increased valuation of OpenAI. She emphasized that there is a bubble risk in AI valuations and advised investors to be patient and wait for a better get on board opportunity.

Hon Hai's net profit in the third quarter rose by 17% year-on-year, reaching 57.67 billion New Taiwan dollars, exceeding expectations, with revenue also rising by 11% year-on-year. Benefiting from spending related to artificial intelligence and collaboration with NVIDIA, sales are expected to continue to grow in future quarters. Jin10 data reported on November 12, Hon Hai