🚨Breaking 🚨 Over $200M USD worth of crypto was liquidate | BitEagle News on Binance Square

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🚨Breaking 🚨Over $200M USD worth of crypto was liquidated in the last hour.
#Liquidated

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FOMC results in about 7 hours from now. Almost a guarantee there won't be any rate changes announced today. However, inflation data has been steady and lower than expected. There is the possibility that they talk about the future prospect of rate cuts in 2025 and their overall stance. That alone will already create an impact on the markets as it always frontruns the actual news. Normally I'm not into all that big into macro stuff, neither am I an expert on that matter. But nowadays these things seem to have a larger impact on the markets vs before. Especially on the global liquidity side of things which the crypto markets kinda needs as a risk-on market. So try to interpret that data and share as I see it. Anyways, 7 hours to go. Tik tak ⏰

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The ONLY Framework I’m Using to Buy Altcoins in This Market.👇

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Memecoins continue to lose a large amount of relevance while the rest of the industry takes over. AI remains dominant and DeFi has almost double the mindshare of memes. This also further proves the resilience of utility and lack of resilience in memes when the market pulls back. When the going gets tough, they are most likely done and not to return (what is there to return about after all?) Unless you are holding some of the well-established cult status ones ($PEPE , $DOGE , ...) it will be hard to hope for another market run to recover. The market will, but many memes won't due to the sheer amount of them.

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Crypto sucks right now! GREAT! Use this time to learn the skills you need to make a fortune when crypto stops sucking!

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no one can argue with me. the reason beginners lose in crypto is simple. they panic sell on red pullbacks. they FOMO buy in on greed pumps. that’s it. every. single. cycle.

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