ZORA continues to print lower lows, yet Amber Group is stepping in to buy the dip. 100M $ZORA $BTC $BNB (~$1.31M) has been routed through intermediary wallets linked to Amber Group into a new address. These tokens were accumulated from Bybit a few days ago. Wallet: 0xb0aeed3cc406614b438325bf2c830cf852b0a1f3 Market makers don’t usually act without a reason.
💡The basic principle in trading is "Trend is your friend. 👉 "From last night until this morning, I witnessed several Altcoins pumping extremely hard by following BTC’s trend. However, instead of buying in or going long along with the trend — or simply staying out if it looked too risky — many people chose to heavily short these coins like $BABY , $LUNC , and even $GENIUS , which is currently very hot with 4x volume on Binance Alpha. 👉 Their mindset is quite naive. They think the price is already high and “can’t go any higher,” so they keep shorting these coins, often without a stop-loss, resulting in blown accounts. Previously, RAVE sent countless shorters packing because it went straight from 0.5 to 28 USD. If you were short during that move, no amount of money could withstand it. 👉 My principle is very simple: “Trend is your friend”. Especially on charts where the RSI is hovering around 80 or even above 90 like #BABY right now — you absolutely should not short.$BTC
Next Monday, Billions Network will officially launch its TGE and have an airdrop on Binance Alpha. 👉 Billions Network $BILL has been quite well-known, but I haven't farmed this one. It operates in the Digital Identity Verification space. 👉 With these hyped projects like this, don't set your expectations too high, because they often turn out to be duds. $bill #BILLOIN $BTC