#NOT #PEPE #BONK are trading at all time high. I would be cautious, because the fall might be really fast and hard.

Today we saw some bigger profit taking. The fear is taking over the market. Because prices can't fall straight down, then I expect a small bounce up. This is a perfect time to select cryptos, which are on sale. Now #BOME looks quite attractive for a short term bounce. If there is support with #BTC movement then we can see a 30-60% recovery.

A new token called #BOME launched in Binance. Market capwise it's almost 1B. Dogecoin marketcap is 25B, Shiba inu 17B, Bonk 1.7B. It looks that memecoin season started and new tokens are created. I'm quite scecptical of the memecoins value . The highest beneficiary is Solana, which is trading at 195USDT, because most tokens are created on Solana network. The creation fees and conversions to Solana is pumping up the price. Meanwhile #BTC already tested the top and dropped to lower level 68k. The end of March and beginning of April is quite bearish and better is not to be in the market and wait. In the stock market already the ones who know are taking or have taken out money.

Markets pushed higher. #BTC is trading around 72k. In one hour US CPI numbers will be published. Depending on the outcome the markets might react. It is not certain whether we will see higher highs or a drop. Altcoins do are selling off and some profit taking is happening. Today is important and then Thursday, Friday also. SP500 is trading at all time high at 5117$ and also DAX German index is at all time high at 17821.80€.

#BTC made all time high at 69,99k and with that the memecoins made a huge rally. I'm still bearish until the end of March and beginning of April. Especially on memecoins such as #PEPE #SHIB #BONK #WIF . The value of memecoins is based on hype and the from the support of BTC qrally. The real intrinsic value is questionable. Wouldn't be suprised if prices start to fall. When it's starts falling then it will be really fast and painful. -10%, -20%, -30%, -40%, -50%, -60%.

Solana whales are secretly selling. The price is still pushed up by the retail traders. #SOL is trading at 141 USDT. Cautious is needed, because this price action is not sustainable.

Whales started to profit taking and #PEPE has negative money inflows for big players. Yesterday was the top of the market. Now the market is in retracement and the bottom might be in the end of March and in the beginning of April before futher gains.

Today might be the day of the peak and a retracement will come. US JOLTS job openings will be published and Fed Powell will make an announcement.

Already now the market started to pull back. What to watch is #PEPE #SOL #BTC #WIF . Pepe is trading at 0.7991x10^-5USDT. BTC is at 66,6k. Today and the next days will be volatile. The Bottom will be in the end of March and start of April.

Volatility alert!!

Markets started to retrace. #ALT is still up 10%. Whales are selling and small retail is buying. Guys, be careful not to get trapped. I'm totally bearish on it. Alt price is 0.485 USDT, expecting to have a huge retracement.

#Write2Earn #BTC #SOL #ETH

#BTC is trading at 51.7k USD. This week was rather volatile for stocks and commodities. I stayed away from Crypto to see where the markets are moving. SP500 broke the 5000 mark and is holding strong above 5000. Gold showed a little weakness but is holding near to 2010$ for an ounce level.

What caused the movements for this week? On Tuesday core CPI and month over month CPI numbers got published. They were good for US economy and showed that there is high likelihood that he Fed Will not cut rates in March. On Thursday US jobless claims were published which strenghtened the economical outlook. US economy is resilient and is doing really well.

So, what is the outlook for Crypto? BTC will halve this year, probably in April. What does it mean? With BTC halving the mining difficulty doubles and the miners will get less rewards. Mining BTC is worth when the electricity price is near zero or even free. Miners, who have high electricity bills might not survive. There are two options. BTC network will collapse or BTC price will readjust.

It has happened before that BTC falls 70% and then it recovers and makes all time highs. Right now, where SP500 is trading in all time high and BTC is holding strong the likelihood for huge retracements is there. Of course it's the same for an upside and then a fall and a recovery.

I would be really cautious. The economy is holding strong, but I think it's holding strong on a verge of a cliff. When there is an event which triggers the fall then the markets will bleed in red.

There are some money outflows in BTC, but probably it's now consolidating. What is worth to observe is whether the altcoins follow the BTC rise. If they don't follow we might see lower lows.

This is not a financial and every trade decision should be well calculated.

#Write2Earn

#BTC made a bullish recovery nad is trading a little above 48k. A weekly close above 49k is a really strong bullish signal for Bitcoin. The price would betrading higher from the day when the spot ETF got approved.

The rise of Bitcoin is dragging other crypo coins and assets with them. I'm not sure if without that Solana would be as strong as it looks. #SOL is trading 109$. A weekly close would mean more upside, but there are more resostance levels, which should be broken for a bigger bull run.

Solana memecoins such as #Bonk got dragged up with the price of BTC and Solana. Memecoins generally see price increases with that and with the community hype. Has Bonk any strong fundamentals or future. This is another question.

It look like the crypto market it's coming out of the winter and the volumes and volatility is increasing. There is a lot of opportunity in the market. In making trading decisions should be considered the risks. Prices are moving up and down.

This post is no financial advice and for any trading decision should be done your own do diligence.

#Write2Earn

Crypto assets rise in value during the weekend while in other asset classes such as stocks, commodities the trading is closed.

Question is whether the money flow into Crypto is a short term phenomen or will Crypto prepare for a bull ride. Cautious trading is needed for both scenarios.

#Write2Earn

Market volatility alert!!! Crypto prices have rapidly increased. #BTC is trading at 44,7k, #SOL 101.6$, #MANTA 2.9$, #ALT 3,4$.

I do think this might be the spike before a greater fall. I'm bearish on Solana, Manta, Altlayer. BTC not so much, but BTC still might retrace also.

It's not a financial advice and more research should be done before making a trading decision.

#Write2Earn

I have been monitoring #Solana price for a while.

Solana is struggling to keep above 100$ level. This is a strong psychological level for traders. Trading above 100$ mark means more upside for Solana. Trading below means a bigger retracement. Because Solana Made a 9x rise from 12$ last year October-December, I would be cautious for unexpected upswings and sudden dumps. I do think there might happen sudden profit taking at some point in February to May.

This is not a financial advice and more research should be done.

#Write2Earn

#ALT started to trade on Binance and had huge gains. Now whales are selling and a larger retracement will happen.

This is not an investment advice and a deeper research should be done.

4 days investors are accumulating #FRONT tokens. Frontier token supply is 100M. Frontier is chain-agnostic decentralized aggregator. The project aims to add DeFi support to several blockchains, such as #BAND , #ETH , #BSC , #ONE .

Frontier started development in 2019 April and beta platform launched in 2019 November.

Now is FRONT trading at 0.503 USDT.

A new token started trading on Binance called #MANTA . Manta finished it's ICO on Binance and it's now tradable.

The price is 2.23 USDT and supply 1 billion. Manta network is a modular ecosystem for web3. Users can deploy solidity based decentralized applications. Provides faster transaction speed than L1 and lower gas fees than L2 layer.

The price seems to have high selling pressure and large investors are selling.

This is not an investment advice and do your own research.

The scam activity is getting more extreme. In Telegram is a Ponzi scheme scam happening. Just be aware, when someone contacts you in Whatsapp or Telegram to earn easy money, then it might be a scam.

#BTC #Crypto

Everything rose with spot Bitcoin ETF. What do you think, will Bitcoin go to 60k? I would be cautious. #BTC

SEC approved 11 Bitcoin ETFs. More on Reuters:

https://www.reuters.com/technology/us-sec-approves-some-spot-bitcoin-etfs-2024-01-10/

#BTC