That's a great idea, that's great. I think this is bottom lag

You should read this article before July 💰 to have some "potential tokens" in your portfolio. 👇
1/ On-chain
Signals that Smart Money (SM) wallets are starting to buy in.This shows that SM also don't know where the bottom is. They can only buy gradually.This is a way I've learned from many SM wallet groups.While most people want to catch the bottom, SM still buy when they "see" it's cheap.

2/ CEX & DEX Volume

Trading volume on CEX is at $34B on June 22, 2024, close to the volume on May 14, 2024 when BTC was at $61,679.

Trading volume on DEX is at $3.1B, similar to the average DEX volume in February 2024 when BTC was at $52k.ETH gas fees are at historical lows.

3/ Fear & Greed Index
Finally, this index has returned to 51 after a long time above 60.
Investor sentiment is gradually shifting towards fear, and if BTC continues to decline, I hope to see this index reach 48 or 43 (which I think is the max pain of this cycle).

4/ Drama
Disputes, exposés, etc. only happen at the bottom or near the bottom. That's when KOLs and users who lost money will turn on each other for whatever reason.
In fact, there are conflicts of interest like this even when the market is rising, but since everyone is making money then, the mood is jovial and fraternal, so people tend to overlook it.
But now, with people underwater, of course they need something to blame and criticize, and few people will just criticize themselves.
5/ Bad News / FUDs
A series of airdrop deals failed, from #ZkSync to LayerZero $ZK Top 1 exchange #OKX suffered a major user hackGerman tanks dumped BTC on the marketNo FUD about stablecoins yet?!
So we can see we're already approaching the bottom, just waiting for the easterly wind.

And it seems the easterly wind is coming as:
When BTC corrects, the S&P500 keeps hitting new highs. This shows US money is being sucked into the stock market.With the 1-3 month delay between BTC and S&P500, BTC should have a new high in June or August at the latest, based on my previous correlation analysis. So this current correction period is quite nice to catch. However, history may not repeat itself and the top could be delayed further.Nvidia is now seeing correction waves after its parabolic rise. This is normal profit-taking according to valuation experts, 60% below current prices. But this AI hype is not stopping. And if profits from the recent stock market are flowing into crypto, aren't we about to see a big wave?"

Source: Hirohnguyen

$ZRO $W


#CryptoTradingGuide #BinanceTournament #LayerZero