News

 Matrixport released a daily chart analysis stating that driven by the decline in Bitcoin dominance, our tactical model had issued a rebound signal, giving altcoin traders a brief window of opportunity to operate. However, as the total cryptocurrency market capitalization turned down again, this signal quickly reversed. For altcoin investors, the past one or two years have been challenging, if not extremely difficult. During this period, our model mostly favored allocating to Bitcoin rather than altcoins. Historically, it is rare for altcoins to continuously underperform during a Bitcoin bull market. Now that Bitcoin’s short-term outlook has weakened, the pressure on altcoins is likely to persist. In this market environment, traders should focus on leading high-quality coins and prioritize strict risk control discipline. The market structure has shifted from the previous simple "only long and dollar-cost averaging" model to a new phase that requires precise timing for entry, active position adjustment, and a strong emphasis on capital preservation.

 the dYdX Foundation posted on platform X that the dYdX governance team is reviewing a proposal to distribute a total of 100,000 USD worth of DYDX tokens to the top 100 affected traders who incurred actual losses due to forced liquidations in the first two weeks of December. This is the first disbursement of funds on a biweekly basis under the community-approved $1 million liquidation rebate pilot program.