MyToken Short-Term Trading Assistant just detected a buy signal of ETH/USDT at UTC/GMT 14:00:00 pm, Dec. 02, with the buy price at 2844.73 USDT. According to the analytical result from Short-Term Assistant, recently ETH is going strong and showing an uptrend. The next support level below is 2769.19 USDT. To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

MyToken Short-Term Trading Assistant just detected a buy signal of BTC/USDT at UTC/GMT 14:00:00 pm, Dec. 02, with the buy price at 87731.40 USDT. According to the analytical result from Short-Term Assistant, recently BTC is going strong and showing an uptrend. The next support level below is 85621.76 USDT. To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

In the past hour, total liquidations across the network reached $11.14 million, with $898,615.35 from long positions, with $10.24 million from short positions. BTC liquidation $2.38 million, ETH liquidation $2.43 million.

According to Odaily Planet Daily, DATs (Digital Asset Transfer Agents) provide investors with exposure to the underlying digital assets by packaging crypto assets within securities regulated by the U.S. Securities and Exchange Commission (SEC), aiming to outperform the underlying assets through strategies that maximize returns. A key metric for measuring DAT performance is market net asset value (mNAV), which compares a company's enterprise value to the value of its digital asset holdings. Investment bank Macquarie points out that the viability of DATs is closely linked to an equity premium relative to net asset value. If this premium erodes or turns into a discount, the model will face significant challenges. When the crypto market corrects, mNAV could fall below 1, meaning the company is trading below the value of its crypto asset holdings, potentially forcing DATs to sell some tokens to obtain liquidity. Carol Alexander, a finance professor at the University of Sussex, stated that the DAT model appears to have attracted many participants driven by marketing, hype, and easily accessible capital rather than based on enduring business fundamentals, and the sector is currently in a bubble. James Butterfill, head of research at CoinShares, also stated that "the bubble has clearly burst," but expects DATs to evolve in the future. Strategy has announced the creation of a $1.44 billion reserve to support dividend payments and debt repayments, attempting to protect itself from the impact of a market downturn. (CNBC)

According to Odaily Planet Daily, based on monitoring by on-chain analyst Ai Yi, in the past 22 hours, "Brother Machi" has continued to increase his long positions in ETH and opened a new position in HYPE half an hour ago. His total holdings are currently valued at $11.17 million, including $10.75 million in ETH (with an average opening price of $2833.57 and a floating profit of $25,000) and $418,000 in HYPE.