Fear and hesitation are covering the entire market!
Individual bears who have cut their losses or have not entered the market, of course they believe that the market and $BTC will be deeply crushed this month!
Individual bulls who are holding stocks and actively DCA are currently a bit more bear-like than before - most of you have lowered your targets!
With the market acting like this, it is difficult to continue bullish and maintain the original target
However, it is best to be calm and steadfast in DCA, so you should also be calm and steadfast in holding on to profits!
The price target to close the original and part of the profit depends on each person's entry, but the time target is to hold on for at least 4-5 months from the start of the increase, which is good
As a top coin and also a product that most of you are expecting, what has prevented $ETH from breaking through after so many updates, having ETFs and many L2s launched to expand for $ETH Eco?
Backed by the traditional tradfi sector, people expect #RWA to be a future investment trend, removing the barriers of Tradfi.
Owning shares of the world's largest VC funds, or US bonds always makes investors excited.
While #DeFi, after the collapse of $LUNA and #FTX, many people no longer have much confidence in decentralized finance.
Because just because of a link $UST - decentralized stablecoin can cause an#FTXempire to collapse, many Tier-1 funds go bankrupt.
So is#DeFisafe? #DeFiis a broad concept, but it includes currency, credit and lending.
The main activities of#DeFiare to provide abundant liquidity for the crypto ecosystem. Including fundraising, lending, investing and authentication.
Imagine we go to the bank to deposit money, of course we will deposit it in a place with good business activities.
Do people still want to bury money in#DeFiwhen fewer and fewer games are created (similar to fewer people borrowing capital)?
L2s are technologies that help promote#DeFiactivities, but their use cases are not many.
Up to this point, only #GameFi, #NFT, #AI,#DePINshave use cases, money transfer or payment are too far away,#DEXwill take a long time to replace #CEX.
Basically my current strategy with the market #crypto : Long term is still buying and accumulating goods!
*What the hell are you selling at this time!
And manage your capital well, just wait for the uptrend!
Don't rush to all in when the market adjusts! - You need to prepare some DOLLARS to wait for the opportunity and DCA appropriately, guys
To get through this period, you need a lot of patience and importantly, you have a good cash flow - Helping you not to be pressured into selling your coins!
Remember, in 2019, around July, when the FED started cutting interest rates until Q1 2023 - Then the US applied the QE policy => The stock price at that time flew quite strongly!
But crypto went through 3 waves of decline and then added Covid and then everyone knows how crazy the market is! - Anyone who has experienced it will want it to repeat
Basically, my views in the coming time are the same!
What do you guys think!? Looking at the flow of#ETFon September 3, there is no need to count each fund anymore, almost all are negative, only Blackrock's ETF has no data yet.
The flow of ETF in August was negative 92 million USD, and according to history, every low month is followed by a recovery month. If it repeats, this month there is a possibility of positive cash flow into#BTCETF but at a more modest level.
The total capital of BTC ETF up to now is 17.315 billion USD.
🔥 The time for interest rate reduction is only a matter of days, but will it bring positive results to the market #crypto .
🔶 Statistics over the past 70 years show that the impact of the FED's interest rate reduction on the stock market has been clearly shown.
🔶 On average, within 12 months since the first interest rate cut: - Bluechip stocks have an average return of +15.6% - With small and medium-cap stocks +26.6%.
🔶 Average within 6 months: - Bluechip +9.4% - Small and medium-cap 14.6%.
🔶 But that was in a soft-landing scenario, when the Fed started cutting rates in 2007, S&P500 -24%, Russell 2000 (small cap stocks index) -16% in the 12 months since the first rate cut.
🔶 The chances of us falling into a recession are low, but when the money starts flowing from US stocks to riskier assets is the real concern. $BTC has been flat for 6 months at the top. A great accumulation cycle for a breakout >50%.
#RDNT/USDT is quite good, AE. But it will take a long time to reach the shore
It's been a long time since it increased again.
The most positive point recently of#RDNTis that it has just expanded to Base. A fertile chain with good growth rate at present.
After the bonus of 500M tokens, many AE must be bored with this Ra de lying down and probably have switched to another more stable project.
I don't expect $RDNT to fly high and far at this level because the overall market trading volume is weak because most traders have run out of money, Mr. Bit is sick :)), the news of RECESSION is hanging over our heads, but we just hope that it has bottomed out so that Holders will suffer less.
Whales Buy 133,000 #BTC (about $7.6 billion) in 30 Days Despite Price Drop
The number of wallets holding #Bitcoin BTC or more, a key indicator of whale activity, has surged to a 17-month high
According to data from analytics platform Santiment, 283 new wallets joined the “100 BTC” club in August alone. There are now a total of 16,120 such wallets on the Bitcoin network, indicating an increasing concentration of wealth in the hands of “big” holders
Not only whales, but also “whales” - wallets holding 10 BTC or more - are actively buying. Santiment estimates that in the past 30 days, wallets holding between 10 and 10,000 Bitcoin have collectively acquired over 133,000 BTC, equivalent to a value of over $7.6 billion
The amount of Bitcoin whales are buying each day is equivalent to the amount of Bitcoin newly mined in the same period
Since its listing at $1.9, $STRK has decreased by more than 80%. With the unlock schedule of this coin, Degen sees that it will have to go sideways for a while before it can increase.
But logically, since it is an ecosystem coin, the StarkNet ecosystem must increase.
If it does not increase, it must maintain the price like $ARB so that the brothers in the system still have the opportunity to close the profit after farming.
>>> So evaluating StarkNet from the community perspective is not good, but in terms of opportunity, there is still a chance to increase, brothers #laer2
💣 Will $TON collapse like $LUNA and $FTT after Telegram CEO was arrested?
👮♂️ Brothers holding TON should not worry too much, in my personal opinion, the case of $TON is completely different from $LUNA and $FTT.
- $LUNA collapsed due to supply-demand imbalance, while $FTT was due to cash shortage and using users' money to invest at a loss.
-#TelegramCEO was arrested on charges of trafficking in weapons, drugs, etc. But I think this is just the surface reason, the underlying cause may be related to political conflicts.
- Many parties may want to control Pavel Durov to exploit information, because#Telegramis a highly secure social network used by many organizations to exchange internal information. - If#Telegramcan overcome this storm, the growth potential of the TON ecosystem is still huge. Money is pouring into the crypto market and#Telegramhas a huge number of users. With the success of NOT or DOGS, the next may be BLUM, HAMSTER,...
- An ecosystem that wants to develop strongly needs a strong community, I still believe that TON will be a prominent Blockchain in this uptrend season #bitcoin #binance
#ETH Price Has Dropped Twice in the Past Month, What's the Reason?
4 major parties are likely behind the sale of 197.8k #ETH (~$600M) in the past 2 months, contributing to the recent sell-offs and even previous crashes for you to follow.
They are Ethereum Foundation, Jump Trading, ICO-affiliated Whale 0xe17, and Diamond hand Whale 0x682.
On August 23, Ethereum Foundation deposited 35,000 ETH ($93.8M) into Kraken. 5 days later, ETH price dropped ~9%.
--- From July 25 to August 6, Jump Trading deposited 88,917 ETH ($276M) into various exchanges, including Binance, OKX, Coinbase, Bybit, and Gate. On August 5, the price plunged 20%.
--- Since July 9, whale 0xe17 has deposited 48,501 ETH ($154 million) into OKX at an average price of $3,173.
Looking at the new coins on binance dying a slow death, isn't it boring, guys?
This part makes you guys holding technology coins cry out. $BB $ZK $IO $ZRO $STRK all have to admit defeat before $DOGS
Every day I come to see them, I see them keep looking for new bottoms. Future technology with prices lower than meme technology. Technology is shouting but the marketing of the price is not good.
This season, players are tougher and tend to hold on to the new house foundation, causing the price to bleed slowly, so that even the new guys, even though they are tough, become scared, but in the end, it's still an adjustment to go up.
These parts are very annoying, but if you can overcome them, next year you just need to sit at home counting money and choosing a car, but if you cut now, later you will only look back and say "if only".
It's all the same, just keep working for a few more months #binance #bitcoin
While the market is adjusting, $DOGS is still increasing in price, why?
While BTC has decreased from 61k to 57k and other Altcoins have also decreased, @realDogsHouse still maintains its price, even increasing by more than 40% while airdropping up to 80% of the total supply?
There are 2 main reasons as follows:
1️⃣ Because most of the farms are holding a lot of restricted telegram accounts that cannot be deposited to the exchange to sell. It is not clear why this is, it could be due to being banned or delayed.
2️⃣ Large exchanges such as Binance, OKX are currently locking deposits, not allowing DOGS deposits to the exchange
=> Currently, there is almost no large selling force from the farms, mainly only a small number of individual wallets depositing to the exchanges at the beginning, each wallet probably gets a few dozen dollars, many get a few hundred dollars.
If you continue to not open deposits => there is no token to sell, there is a high possibility that $DOGS will continue to increase. However, you need to note that once the big exchanges open deposits, DOGS will find it difficult to maintain this price #dogs
Even in the red market, the chart $DOGS is still quite good, guys!
I see that the selling force from the airdrop is not very strong, the price fluctuates around $0.001 and then bounces back.
The current MC is hovering around 660M. With the MC meme level with a large community like $DOGS , hovering around the current MC level +- 200M is okay for those who like to play long term.
I find that the meme is easy to lead new people to participate, many people are excited until the day they start creating a Binance account to deposit.
There are many things similar to Defi 2020 and Gamefi 2021. Anyone interested can find out.
Gem with great growth potential, top 1 in the Lending segment, called AAVE.
💭#AAVE is a pioneer in the Defi field since 2017. Basically, AAVE operates like a bank connecting Lenders and Borrowers but decentralized.
So why does such a long-standing project still maintain its position as top 1 Defi through each season. Facing huge competition in the market.
🫧 AAVE develops in the direction of multichain → Widely affects the market. Attracting cash flow from many sources to AAVE ⇒ Outstanding economic activities
🫧 Always changing to upgrade user experience and maximize capital utilization such as: Lens protocol, GHO, AAVE V3
🫧 The project does not lack money to develop and is trusted by top-tier VCs to invest a total of 32.5M in the downtrend
🫧 Total supply is almost fully unlocked and most of it is used for Lending ⇒ Very low discharge pressure
🫧 Operating performance of over #AAVE outperforms the general level of the Lending sector. Key health indicators such as Borrow-Lend volume, Borrow rate-Lend rate are stable and always growing, TVL increases despite the bad market ⇒ High liquidity, capturing market share of the Lending sector
Most of the #Altcoin increase in the last session, the strongest is still the new coin, the low cap coin that few people know...
The cash flow is still not new, the market force is quite weak, the real altcoin increased strongly again when $BTC surpassed the old peak...
Most of the short-term trades are profitable, but there are not too many altcoins in this period...
Personally, if I don't buy when it's red, I'll just stay out and not follow the other brothers...
Holding and waiting makes it harder for many brothers to control their psychology than holding coins even though there are negative...
In the medium and long term, August and mid-September are reasonable times to increase the number of coins HOLD when the market corrects 10%-20%... #binance #bitcoin
Do any of you guys plan to catch the bottom at $TON ?
You guys probably already know the details of the fud, and in this article I will examine the chart $TON more carefully
Discussing the current price line, the -20% price drop of TON is also reasonable because the D frame crash in early August broke the uptrend
=> the recent increase is just a technical recovery in the downtrend
The news is released to legitimize the price line
Looking at the chart on OKX, we currently have 2 main support zones, the $4.5-4.8 zone, and the $3-3.4 zone, those of you who want to catch the bottom should divide your capital at these points (of course I do not encourage bottom catching).
The first zone break is a bit tight, if so, TON will hardly go up immediately at the end of the year
Anyway, there is no official conclusion from this fud news, I will still consider TON a potential opportunity because of what they have built up to now.
The more scared the crowd is, the better it is usually, but of course we should still wait for the price reaction in these zones and then decide later.
Before, I also thought that $WLD would more or less hold the $4-4.5 zone, and eventually it would break
so we don't know anything in advance in this market, just wait for the reaction #bitcoin #binance
Currently, Dom $BTC is gradually approaching the reversal zone, Dom is likely to touch 60% +-2% and then find its way back to at least the 4x% zone! $BTC may accumulate around the 6x zone and then break out strongly to enter the growth wave after Having. Currently, I observe that these touch points are gradually setting up for the upcoming uptrend for Altcoin, you guys can take note to observe. - Dom Btc from 58-60% down to 40% - Dom Usdt from 5%-6% down to around 2%-3% - ETH/BTC 0.04-0.05 -> new ATH #binance #bitcoin
Longer view of $BTC will soon return to the top 7x to sweep liquidity in this area.
After many times of torture, retailers no longer believe in long-term price increases, so a large amount of liquidity is concentrated in the 7x kc area.
FC 1W of $BTC shows two opposite trends when the brown line (face value >$1M) tends to sell while the purple line (face value >$100k) is tending to buy strongly.
As I understand it, there is a quick sell of MM in the brown order and then gathers in the purple order.