After $BTC reached it's ATH in 2017, the correction lasted 21 days. After that, we saw a parabolic rally. After $BTC reached it's ATH in 2020, the correction lasted 21 days. After that, we saw a parabolic rally. Same scenario in 2024?
Don't take Entry Now Or enter with small amounts Only 1% Correction is expected upto 55K…
It's officially Fed week, the week we've all been waiting for.
Bitcoin Price action remains quite choppy for the past 2-3 days. If we don't reclaim 70k, any bad news from any such event might have a catastrophic effect and can send btc to 60k.
Crypto Fundamental Analysis Crypto fundamental analysis involves evaluating the most intrinsic factors affecting the value of crypto projects. Similar to traditional financial analysis used for the stock market, it analyzes the unique features of crypto assets. As a new crypto investor, understanding how to evaluate crypto tokens is crucial. The objective of crypto fundamental analysis is to find the correct value of a crypto token and determine if it is overvalued or undervalued. Key Factors to Consider: Team Background: The team behind a crypto project plays a critical role in its success. Research their history, experience, and cohesion as a team.White Paper Evaluation: Read the white papers of crypto projects to understand their strategies and goals. It serves as a roadmap for the crypto token.Project State: Check if the project has an existing blockchain network, MVP (Minimum Viable Product), or proof of concept. Avoid investing in projects that haven’t started development.Website and Social Media: Visit the project’s website to learn about its features and offerings. Analyze how well they engage with their community on social media platforms like Twitter, Reddit, or Discord. Remember that the crypto market is volatile, and prices can swing significantly. Conduct thorough research before investing in any crypto project.
Remember to always do your due diligence and stay informed when investing in crypto projects. Happy investing! 🚀🌟
ETHFI, simbolul de guvernanță al celui mai mare protocol de reîncărcare lichidă Ether.Fi, a debutat la 4,13 USD după ce jetonul a fost distribuit printr-un airdrop și participanților la o rundă Binance Launchpad. De atunci, jetonul a scăzut cu peste 20%. La momentul redactării acestui articol, ETHFI se tranzacționează la 3,60 USD pe Binance și a înregistrat un volum de tranzacționare de peste 118 milioane USD în primele 45 de minute de tranzacționare. Tokenul avea o valoare complet diluată (FDV), valoarea de piață a unui jeton dacă întreaga aprovizionare ajunge în circulație, de 3,6 miliarde de dolari.