November 18 Key Market Information Discrepancy, A Must-See! | Alpha Morning Report

Top News

1.Bitcoin Falls Below $92,000, Ethereum Briefly Drops Below $3,000

2.Mainstream Crypto Treasury (DAT) Companies mNAV All Fall Below 1, Strategy Falls to 0.937, Bitmine Falls to 0.83

3.Sentient Airdrop Qualification Registration Now Live

4.Vitalik Criticizes SBF, Says FTX Is Completely Deviating from Ethereum's Core Values

5.Over $800 Million Liquidated in the Past 24 Hours, with Over 154,000 Liquidated

Articles & Threads

1.《Stop Blindly Chasing Airdrops: Six Key Metrics to Identify Truly High-Potential Projects》

Crypto airdrops may seem like "free money," but experienced airdrop hunters know that not every airdrop is worth the gas and effort. Over the past 5-7 years, I've participated in dozens of airdrops, some of which turned into five-figure gains, while others ended up yielding nothing. The key difference lies in whether a thorough evaluation was conducted. In this report, I will attempt to provide a framework for evaluating airdrop potential.

2.《Whales Accelerate Bitcoin Sell-Off, but Is It Yet a Signal of Panic?》

Bitcoin broke below the key $100,000 mark last week, and the selling behavior of "whales" (large holders of cryptocurrency) and other long-term holders has been a significant driver of the recent price weakness. Most blockchain analytics firms define "whales" as individuals or institutions holding 1,000 BTC or more. While the identities of many "whales" remain unknown, blockchain data can still provide clues to their activities.

Market Data

Daily Marketwide Funding Heatmap (as reflected by Funding Rate) and Token Unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks