The Bitcoin #HalvingCylces is scheduled to occur in the next few days.

⇒ However, this fourth halving may differ from the previous ones, as it could have a more profound and nuanced effect, not just on the price but also on other aspects.

⇒ $BTC might have a more bullish outcome than you anticipate

 -- Bitcoin Halving

⇒ Bitcoin halving is a process where miners' rewards for validating transactions are cut in half.

⇒ It happens every four years after 210,000 blocks.

⇒ This is part of Bitcoin's monetary policy to gradually reduce the rate of new Bitcoin issuance and control inflation.

⇒ The most recent halving was in 2020, reducing the block reward to 6.25 bitcoins.

⇒ The upcoming halving, which will happen in the next few days, will reduce the reward to 3.125 bitcoins.

— Hashrate and Miners

⇒ After halving, historically the hashrate expected to drops as less profitable miners leave, but later improves when more efficient miners join.

⇒ However, it is predicted that the hashrate should stay steady after fourth halving, with a small decline and fast recovery.

⇒ Miners will experiment with underclocking and diversification to increase profits.

⇒ Miners may require improved equipment or expand operations globally to lower costs.

—

 BitcoinFi

⇒ The approval of US Bitcoin ETFs has changed the paradigm for Bitcoin:
Attracted new capital Reduced selling pressure from minersMade it easier for institutions to include Bitcoin in their portfolios
The increased demand will drive up the long-term value of Bitcoin.

⇒ Compared to 2020, we are seeing a notable rise in the development of projects, which in turn creates a higher demand for Bitcoin and tapping the dormant liquidity.

⇒ Below are the highlights of some projects:

[ Layer-2 ]

> Lightning Network
> BTC Layer2
> BVM Network
> BSquared Network
> #Merlin Layer2
> Runic Layer2
> ZULU Network
> Elastos
> Stacks
> Dark Fusion Tech
> Satoshivm $SAVM
> Liquid_ BTC
> Tuna Chain
> Build on Bob
> Map Protocol
> Rootstock
> Nint Layer
> Botanix Labs
> Bitfinity Net
> BitVM
> U Protocol
> Bool
> Naka Chain
> Dovi_L2
> RolluxL2
> citrea_xyz
> BitlayerLabs

[ NFT ]
> Runestone
> Ordinals/ BRC-20 $1000SATS
> SRC-20/ Stamps
> Bitmap
> etc.

.......................................

— Future Proof?

⇒ Bitcoin is often considered afuture-proof due to its decentralized nature and ability to operate independently of traditional financial systems.

⇒ Some experts argue that Bitcoin can alter the balance of power globally, potentially impacting state sovereignty and national power dynamic

⇒ However, certain situations can also affect the demand for Bitcoin.

⇒ Factors such as urgent geopolitical situations, unfavorable crypto regulations, bans, and other black swan events should be taken into consideration.

⇒ Bitcoin is not quantum-proof, but it can be made quantum-resistant. The Bitcoin blockchain uses a vulnerable hash algorithm called SHA-256.

⇒ However, Bitcoin can be updated to be quantum-resistant by using new cryptographic schemes like Lamport signatures or quantum-resistant hash algorithms.

#bitcoinhalving

According to data from the on-chain analytics firm Santiment, the cryptocurrency market’s trading volume has been declining since its peak in early March

The “trading volume” here refers to the total amount of any given asset involved in trades on the various spot cryptocurrency exchanges.
When this metric’s value is high, it means that many coins are being shifted around on these platforms, suggesting that trading interest in the given asset is high right now.
On the other hand, low indicator values can imply that the cryptocurrency market is currently inactive. Such a trend may be a sign that general interest in the coin is currently low.
Now, here is a chart that shows the trend in the trading volume for various top assets in the sector, like Bitcoin ($BTC ), Ethereum ($ETH ), and Solana ($SOL ):

As displayed in the above graph, the trading volume across these top cryptocurrencies shot up in late February and continued to witness such values into the first days of March.
On March 6th, in particular, the indicator observed an especially pronounced peak. Since this high, though, the metric has been stuck in a gradual state of decline.
“This appears partly due to the ranging pattern that began in mid-March, causing less confidence in traders making the right decision,” explains the analytics firm.
Bitcoin has naturally occupied the largest trading volume share of all the assets, while Ethereum, the second-largest coin, has seen the second-greatest portion.
Interestingly, out of the altcoins, Solana has generally tended to stay number one despite the fact that BNB (BNB) has a greater market cap. For SOL, the peak in volume came a bit later than BTC and ETH, perhaps as a result of the coin continuing to see an uptrend while many others slumped down in mid-March.
-----------------
#SolanaPrice
The past week hasn’t been the best of times for Solana investors as the asset’s price has dropped more than 12% inside the window, taking its price to just $165.

#bitcoinhalving #bnb

Wake up, don't let yourself be put to sleep again! Onchain or technical analysis in this market section? Both are not useful at this moment. WHY?
Reasons 🤔👇
1/ Onchain:
It only reveals transactions on DEX. Market makers (MMs) set up orders on the exchange but don't execute them immediately. They accumulate over time. Have you thought about that? MMs are smart, they are not stupid. Every time they transfer a small amount, they exit the DEX to avoid being monitored by observers. Now they dump the tokens on CEX, good luck trying to track them. Remember, CEXs are centralized platforms, and they control the data. No exchange shows their customers' wallets publicly, just like banks. Security is their top priority.
*Key point: MMs transfer and accumulate tokens gradually over a long period, and at this 70s level, it's been long enough. If you don't believe it, look at what long-term holders (LTHs) are doing with their tokens under the chart below...

2/ Technical analysis (TA)
TA doesn't work well here. It keeps trapping traders consecutively. The strategy of DCA based on TA to find good entry points can still be used.
But forget about using TA for long and short positions because MMs are squeezing the price to make traders set very tight stop losses on both sides. They can easily trigger both stops simultaneously for convenience. Don't dream about that, it's all crap, not sweet at all.
So how can we know the upcoming direction?
Follow the larger financial markets related to commodities and metals.
Let's take gold as a reference (Gold always leads the waves of all investment and speculative assets, always runs ahead of $BTC , a perfect indicator).
Gold ($XAU) continues to be continuously bought by Asian investors.

A very pessimistic scenario is projected for the entire economy.
With money flowing strongly into gold like this, BTC will benefit in the short term.
But in the medium term, there will be profit-taking sell-offs when the US dollar rises too sharply due to the FED continuing to hold interest rates.
This wave will be the final upward wave of BTC before entering a bloodbath period on the threshold of the halving event.
Look at the political and macroeconomic story
The Asian economy is very strong, and pressure from China is weighing on Europe and the US. Now the Fed has two options:
1) Lower interest rates early to help the economy in the short term, but in return, the possibility of inflation returning in Q3 will increase.
2) Continue to hold interest rates until the US economy collapses into a recession and continuously pump money to soothe the market. The result will be a stagnant market for about 2-3 months, then a quick recovery when cheap money flows into the hands of banks and financial institutions.
Just long and short as you like because no matter what, you will get wrecked.
Only holding spot at this time and knowing where the new stop may be can help you live well.
BE LUCK!