$XMR I can’t be bullish on a coin where all the 4-hour indicators and beyond indicate an exit. Personally, I’m in short. Let’s stay calm and develop the move.
I see a lot of #TrendingTopic with $KAITO and $BANK . Personally, I urge you to be careful when trading this kind of pairs that are so volatile. Based on my experience, trading projects like this 90% of the time is not satisfactory.
In 2021, Cardano reached its peak, with massive on-chain transaction activity driven by an enormous wave of new adopters.
Since then, however, the number of transactions has continued to decline. At the same time, we’ve also seen a significant drop in social media posts and in discussions by cryptocurrency influencers about $ADA .
Data like this shows how dynamic the cryptocurrency market is and how changes in narratives can affect not only prices, but also the flow of new investors into each project.
Could slow implementation, unfulfilled promises, and excessive optimism have damaged Cardano’s reputation while other projects moved faster and delivered more innovation?
It’s also important to consider that the current lack of interest could represent an investment opportunity. During bear markets, social interest usually drops significantly.
However, networks such as Ethereum #ETH , Hyperliquid #hype and Tron #Tron continue to show strong activity and high transaction volumes, raising important questions about Cardano’s historical performance.
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$HYPE this has a long-term bearish setup on the 2W timeframe. Personally, I will stay away from it for the moment. A short position is recommended, but with patience. In my opinion, that move should reach $40. Let's see if time gives us reason.
$KAITO i think an entry in Short from these points, with bearish confirmation on the 1D timeframe, could provide enough strength for the bearish move to extend beyond the MA21. A healthy pullback within its bullish trend.
Bassist setup at $CL . Currently we maintain a short position. We expect to take profits in a conservative FVG zone between 78.5 usdt (set as TP). Additionally, Cipher on the daily timeframe (1D) shows an exit that has not been confirmed yet in the overbought zone, which indicates strength in the bearish move. And you? Are you already short at #BrentCrudeTops$100 .