LIVEfulldeg
@fulldeg
Full Time Trader
Mathematician & Economist
Using #Binance to trade.
Sledovaní
Sledovatelia
Páči sa mi
Zdieľané
Look at this P&L chart!
Do you only see a rise? No...!
Then get up and put short-term price fluctuations aside.
Make a long-term plan and stick to it.
It's not hard to learn how to trade, buy at the bottom and sell at the top.
How easy is that?
Very easy indeed!
Keep following me.
I will teach you a proper trading strategy soon and you can make money very fast by making very small gains very big!
Stay tuned...
$BTC $ETH $SOL
Do you only see a rise? No...!
Then get up and put short-term price fluctuations aside.
Make a long-term plan and stick to it.
It's not hard to learn how to trade, buy at the bottom and sell at the top.
How easy is that?
Very easy indeed!
Keep following me.
I will teach you a proper trading strategy soon and you can make money very fast by making very small gains very big!
Stay tuned...
$BTC $ETH $SOL
Check this innovative #MantaRWA project!
They are making very good job and providing very good tech to blockchain industry.
$MANTA
They are making very good job and providing very good tech to blockchain industry.
$MANTA
LIVEfulldeg
--
Optimistické
Unlocking the Future with Manta Network: Pioneering CeDeFi and Zero-Knowledge Proofs 🤖
Discover Manta Network 👀
Manta Network is revolutionizing the blockchain world with its cutting-edge ecosystem centered around zero-knowledge (ZK) applications. It features two flagship networks: Manta Pacific and Manta Atlantic. Manta Pacific serves as a Layer 2, while Manta Atlantic is a ZK Layer 1 chain on Polkadot. Together, these networks deliver scalable, cost-effective, and privacy-centric solutions for web3 applications.
Transformative CeDeFi Products with Tangible Returns
Manta Network is breaking new ground with its CeDeFi products, offering real token-denominated returns once exclusive to VIP exchange clients. These high-yield strategies are now available on-chain, enabling users to capitalize on the bull market's token value surge. This democratization of finance promotes inclusivity and amplifies potential profits for all.
Superior Technology with Modular and ZK Innovations 🤩
Manta Network stands out with its advanced modular and zero-knowledge proof technology. Manta Pacific utilizes Celestia for data availability and zkEVM for scalability, guaranteeing high performance and minimal gas fees for EVM-native ZK applications. Manta Atlantic's zkSBTs and zkAddress system provide exceptional privacy and compliance, positioning it at the forefront of privacy-preserving technologies.
Driving Growth Through Business Development and Research
Manta Network's rapid ascent is fueled by robust business development and research prowess. Backed by premier web3 investors such as Binance Labs and Polychain Capital, and accelerated by Alliance DAO and Berkeley Blockchain Xcelerator, Manta’s team—comprising talents from Harvard, MIT, and Algorand—continues to drive innovation and growth, steadfast in their mission to transform the web3 landscape.
Also, $MANTA is a great investment tool that grows along with $BTC and $ETH !
Join #MantaRWA journey with us! Share your ideas and comments below!
Discover Manta Network 👀
Manta Network is revolutionizing the blockchain world with its cutting-edge ecosystem centered around zero-knowledge (ZK) applications. It features two flagship networks: Manta Pacific and Manta Atlantic. Manta Pacific serves as a Layer 2, while Manta Atlantic is a ZK Layer 1 chain on Polkadot. Together, these networks deliver scalable, cost-effective, and privacy-centric solutions for web3 applications.
Transformative CeDeFi Products with Tangible Returns
Manta Network is breaking new ground with its CeDeFi products, offering real token-denominated returns once exclusive to VIP exchange clients. These high-yield strategies are now available on-chain, enabling users to capitalize on the bull market's token value surge. This democratization of finance promotes inclusivity and amplifies potential profits for all.
Superior Technology with Modular and ZK Innovations 🤩
Manta Network stands out with its advanced modular and zero-knowledge proof technology. Manta Pacific utilizes Celestia for data availability and zkEVM for scalability, guaranteeing high performance and minimal gas fees for EVM-native ZK applications. Manta Atlantic's zkSBTs and zkAddress system provide exceptional privacy and compliance, positioning it at the forefront of privacy-preserving technologies.
Driving Growth Through Business Development and Research
Manta Network's rapid ascent is fueled by robust business development and research prowess. Backed by premier web3 investors such as Binance Labs and Polychain Capital, and accelerated by Alliance DAO and Berkeley Blockchain Xcelerator, Manta’s team—comprising talents from Harvard, MIT, and Algorand—continues to drive innovation and growth, steadfast in their mission to transform the web3 landscape.
Also, $MANTA is a great investment tool that grows along with $BTC and $ETH !
Join #MantaRWA journey with us! Share your ideas and comments below!
Unlocking the Future with Manta Network: Pioneering CeDeFi and Zero-Knowledge Proofs 🤖
Discover Manta Network 👀
Manta Network is revolutionizing the blockchain world with its cutting-edge ecosystem centered around zero-knowledge (ZK) applications. It features two flagship networks: Manta Pacific and Manta Atlantic. Manta Pacific serves as a Layer 2, while Manta Atlantic is a ZK Layer 1 chain on Polkadot. Together, these networks deliver scalable, cost-effective, and privacy-centric solutions for web3 applications.
Transformative CeDeFi Products with Tangible Returns
Manta Network is breaking new ground with its CeDeFi products, offering real token-denominated returns once exclusive to VIP exchange clients. These high-yield strategies are now available on-chain, enabling users to capitalize on the bull market's token value surge. This democratization of finance promotes inclusivity and amplifies potential profits for all.
Superior Technology with Modular and ZK Innovations 🤩
Manta Network stands out with its advanced modular and zero-knowledge proof technology. Manta Pacific utilizes Celestia for data availability and zkEVM for scalability, guaranteeing high performance and minimal gas fees for EVM-native ZK applications. Manta Atlantic's zkSBTs and zkAddress system provide exceptional privacy and compliance, positioning it at the forefront of privacy-preserving technologies.
Driving Growth Through Business Development and Research
Manta Network's rapid ascent is fueled by robust business development and research prowess. Backed by premier web3 investors such as Binance Labs and Polychain Capital, and accelerated by Alliance DAO and Berkeley Blockchain Xcelerator, Manta’s team—comprising talents from Harvard, MIT, and Algorand—continues to drive innovation and growth, steadfast in their mission to transform the web3 landscape.
Also, $MANTA is a great investment tool that grows along with $BTC and $ETH !
Join #MantaRWA journey with us! Share your ideas and comments below!
Discover Manta Network 👀
Manta Network is revolutionizing the blockchain world with its cutting-edge ecosystem centered around zero-knowledge (ZK) applications. It features two flagship networks: Manta Pacific and Manta Atlantic. Manta Pacific serves as a Layer 2, while Manta Atlantic is a ZK Layer 1 chain on Polkadot. Together, these networks deliver scalable, cost-effective, and privacy-centric solutions for web3 applications.
Transformative CeDeFi Products with Tangible Returns
Manta Network is breaking new ground with its CeDeFi products, offering real token-denominated returns once exclusive to VIP exchange clients. These high-yield strategies are now available on-chain, enabling users to capitalize on the bull market's token value surge. This democratization of finance promotes inclusivity and amplifies potential profits for all.
Superior Technology with Modular and ZK Innovations 🤩
Manta Network stands out with its advanced modular and zero-knowledge proof technology. Manta Pacific utilizes Celestia for data availability and zkEVM for scalability, guaranteeing high performance and minimal gas fees for EVM-native ZK applications. Manta Atlantic's zkSBTs and zkAddress system provide exceptional privacy and compliance, positioning it at the forefront of privacy-preserving technologies.
Driving Growth Through Business Development and Research
Manta Network's rapid ascent is fueled by robust business development and research prowess. Backed by premier web3 investors such as Binance Labs and Polychain Capital, and accelerated by Alliance DAO and Berkeley Blockchain Xcelerator, Manta’s team—comprising talents from Harvard, MIT, and Algorand—continues to drive innovation and growth, steadfast in their mission to transform the web3 landscape.
Also, $MANTA is a great investment tool that grows along with $BTC and $ETH !
Join #MantaRWA journey with us! Share your ideas and comments below!
Some of you may find this post overly aggressive or overly utopian, but that's the reality.
In the future, when Ethereum works as the world's computer, people holding ETH will be valuable.
Hold on to your $ETH at all costs.
In the future, when Ethereum works as the world's computer, people holding ETH will be valuable.
Hold on to your $ETH at all costs.
LIVEfulldeg
--
Optimistické
$ETH may enter a supply crisis in the future!
If the Ethereum ETF is approved by the SEC, you may find it difficult to find ETH to buy in the market!
Yes, you did not hear wrong, ETHs in the market may be completely withdrawn to wallets, why?
The Ethereum ecosystem is a growing and developing ecosystem day by day.
Within this ecosystem, people's attachment to ETH is an undeniable fact.
People need ETH to use applications on Ethereum.
In addition, with each transaction on the Ethereum network, more ETH will be burned and deleted from circulation!
This makes ETH ultrasound money, which means that the supply of ETH will decrease depending on the use of Ethereum!
Yes, it will!
BTC will have a constant supply of 21,000,000,000 but it will never decrease.
This is different for ETH, ETH's supply will decrease as long as the Ethereum network is used!
There are a lot of L2s being built on Ethereum right now, such as ZK, Scroll, Arbitrtium.
These L2s will allow Ethereum to be used more easily and more, and thus ETH burning will accelerate!
Also, we should not forget that many people earn income on-chain by staking ETH, and currently 30% of the circulating ETH is staked and locked!
If the ETF approval comes, many big businesses will buy ETH to add ETH to their ETFs, so the amount of ETH on exchanges will drop significantly.
Prepare yourself and don't miss the big train, Ethereum is coming stronger than ever.
If you know a little politics, you understand how the election year changes the state economy.
The US will go for expansion, it has to go!
The SEC and the Fed are under political pressure right now and
that's why they have to support cryptocurrencies like Trump.
Let's see what time will show us!
Buy now, or regret later!
I'm very bullish!
$SOL $BTC
If the Ethereum ETF is approved by the SEC, you may find it difficult to find ETH to buy in the market!
Yes, you did not hear wrong, ETHs in the market may be completely withdrawn to wallets, why?
The Ethereum ecosystem is a growing and developing ecosystem day by day.
Within this ecosystem, people's attachment to ETH is an undeniable fact.
People need ETH to use applications on Ethereum.
In addition, with each transaction on the Ethereum network, more ETH will be burned and deleted from circulation!
This makes ETH ultrasound money, which means that the supply of ETH will decrease depending on the use of Ethereum!
Yes, it will!
BTC will have a constant supply of 21,000,000,000 but it will never decrease.
This is different for ETH, ETH's supply will decrease as long as the Ethereum network is used!
There are a lot of L2s being built on Ethereum right now, such as ZK, Scroll, Arbitrtium.
These L2s will allow Ethereum to be used more easily and more, and thus ETH burning will accelerate!
Also, we should not forget that many people earn income on-chain by staking ETH, and currently 30% of the circulating ETH is staked and locked!
If the ETF approval comes, many big businesses will buy ETH to add ETH to their ETFs, so the amount of ETH on exchanges will drop significantly.
Prepare yourself and don't miss the big train, Ethereum is coming stronger than ever.
If you know a little politics, you understand how the election year changes the state economy.
The US will go for expansion, it has to go!
The SEC and the Fed are under political pressure right now and
that's why they have to support cryptocurrencies like Trump.
Let's see what time will show us!
Buy now, or regret later!
I'm very bullish!
$SOL $BTC
$ETH may enter a supply crisis in the future!
If the Ethereum ETF is approved by the SEC, you may find it difficult to find ETH to buy in the market!
Yes, you did not hear wrong, ETHs in the market may be completely withdrawn to wallets, why?
The Ethereum ecosystem is a growing and developing ecosystem day by day.
Within this ecosystem, people's attachment to ETH is an undeniable fact.
People need ETH to use applications on Ethereum.
In addition, with each transaction on the Ethereum network, more ETH will be burned and deleted from circulation!
This makes ETH ultrasound money, which means that the supply of ETH will decrease depending on the use of Ethereum!
Yes, it will!
BTC will have a constant supply of 21,000,000,000 but it will never decrease.
This is different for ETH, ETH's supply will decrease as long as the Ethereum network is used!
There are a lot of L2s being built on Ethereum right now, such as ZK, Scroll, Arbitrtium.
These L2s will allow Ethereum to be used more easily and more, and thus ETH burning will accelerate!
Also, we should not forget that many people earn income on-chain by staking ETH, and currently 30% of the circulating ETH is staked and locked!
If the ETF approval comes, many big businesses will buy ETH to add ETH to their ETFs, so the amount of ETH on exchanges will drop significantly.
Prepare yourself and don't miss the big train, Ethereum is coming stronger than ever.
If you know a little politics, you understand how the election year changes the state economy.
The US will go for expansion, it has to go!
The SEC and the Fed are under political pressure right now and
that's why they have to support cryptocurrencies like Trump.
Let's see what time will show us!
Buy now, or regret later!
I'm very bullish!
$SOL $BTC
If the Ethereum ETF is approved by the SEC, you may find it difficult to find ETH to buy in the market!
Yes, you did not hear wrong, ETHs in the market may be completely withdrawn to wallets, why?
The Ethereum ecosystem is a growing and developing ecosystem day by day.
Within this ecosystem, people's attachment to ETH is an undeniable fact.
People need ETH to use applications on Ethereum.
In addition, with each transaction on the Ethereum network, more ETH will be burned and deleted from circulation!
This makes ETH ultrasound money, which means that the supply of ETH will decrease depending on the use of Ethereum!
Yes, it will!
BTC will have a constant supply of 21,000,000,000 but it will never decrease.
This is different for ETH, ETH's supply will decrease as long as the Ethereum network is used!
There are a lot of L2s being built on Ethereum right now, such as ZK, Scroll, Arbitrtium.
These L2s will allow Ethereum to be used more easily and more, and thus ETH burning will accelerate!
Also, we should not forget that many people earn income on-chain by staking ETH, and currently 30% of the circulating ETH is staked and locked!
If the ETF approval comes, many big businesses will buy ETH to add ETH to their ETFs, so the amount of ETH on exchanges will drop significantly.
Prepare yourself and don't miss the big train, Ethereum is coming stronger than ever.
If you know a little politics, you understand how the election year changes the state economy.
The US will go for expansion, it has to go!
The SEC and the Fed are under political pressure right now and
that's why they have to support cryptocurrencies like Trump.
Let's see what time will show us!
Buy now, or regret later!
I'm very bullish!
$SOL $BTC
Why am I still bullish on $BTC ?
1) Macro data on the US side points to economic expansion.
2) ETH ETF is coming, more money will flow.
3) BTC ETF has found an incredible response at the moment and has reached great amounts.
4) Large corporates have started to recognise crypto better.
5) Cryptocurrencies are the technology of the future!
1) Macro data on the US side points to economic expansion.
2) ETH ETF is coming, more money will flow.
3) BTC ETF has found an incredible response at the moment and has reached great amounts.
4) Large corporates have started to recognise crypto better.
5) Cryptocurrencies are the technology of the future!
Whatever happens, happens! I opened a 3x long on $ETH and will not close it until the ETF confirmation comes.
No technical analysis will work at the moment, people are just buying and selling ETF news, so I will continue to wait with these exposures in hand.
3x USDM Futures,
3x COIN-M Futures.
Let's see, if the #ETF is approved on 23 May, this place will catch fire!
No technical analysis will work at the moment, people are just buying and selling ETF news, so I will continue to wait with these exposures in hand.
3x USDM Futures,
3x COIN-M Futures.
Let's see, if the #ETF is approved on 23 May, this place will catch fire!
I need to repost this for sure.
I've said that it was your last chance to buy $ETH under $3,000 and many of them didn't believe me.
Now, we are seeing that people are trying to buy $ETH at $3,600.
And now, I am taking profits.
I was buying when people were selling, now people are buying when I am selling.
The difference is I bought low, and sold high.
The others did the other way.
I've said that it was your last chance to buy $ETH under $3,000 and many of them didn't believe me.
Now, we are seeing that people are trying to buy $ETH at $3,600.
And now, I am taking profits.
I was buying when people were selling, now people are buying when I am selling.
The difference is I bought low, and sold high.
The others did the other way.
LIVEfulldeg
--
Optimistické
It might be your the last chance to buy $ETH under $3,000.
I have been emphasizing for the past week that I expect the CPI data to come in positive, and I have positioned myself accordingly. ETH is currently a sleeping giant and is sitting exactly at $2,972. The data from the U.S. came in well, and the market responded positively! There is no reason to be bearish at the moment, which is why I continue to hold my long positions and plan to do so for a long time. I will maintain my overall bullish stance until the end of this year, but in the short term, I might try opening short positions on some tokens. However, major ones like BTC, ETH, SOL, and BNB will definitely not be among them. BTC liked the inflation data a lot and broke through the $64,000 resistance as a result. Now, we have the upcoming interest rate decisions in the coming months. If the interest rate decisions come in below or at the expected levels, I see no reason why BTC shouldn't reach an all-time high this year! After these macroeconomic data, I will continue to view every dip as a buying opportunity and make purchases accordingly. I currently hold an ETH position worth $20,000 with a liquidation price around $1950. I don't intend to close this position anytime soon! ETHBTC has been continuously falling for the past two months, and a reaction from ETHBTC could pump ETH very quickly.
I have been emphasizing for the past week that I expect the CPI data to come in positive, and I have positioned myself accordingly. ETH is currently a sleeping giant and is sitting exactly at $2,972. The data from the U.S. came in well, and the market responded positively! There is no reason to be bearish at the moment, which is why I continue to hold my long positions and plan to do so for a long time. I will maintain my overall bullish stance until the end of this year, but in the short term, I might try opening short positions on some tokens. However, major ones like BTC, ETH, SOL, and BNB will definitely not be among them. BTC liked the inflation data a lot and broke through the $64,000 resistance as a result. Now, we have the upcoming interest rate decisions in the coming months. If the interest rate decisions come in below or at the expected levels, I see no reason why BTC shouldn't reach an all-time high this year! After these macroeconomic data, I will continue to view every dip as a buying opportunity and make purchases accordingly. I currently hold an ETH position worth $20,000 with a liquidation price around $1950. I don't intend to close this position anytime soon! ETHBTC has been continuously falling for the past two months, and a reaction from ETHBTC could pump ETH very quickly.
$BNB on a 4-hour timeframe is currently consolidating within a symmetrical triangle pattern, suggesting an imminent breakout.
The price is hovering around the 25-period SMA, indicating a lack of strong directional momentum, while volume remains low.
Key levels to watch are the immediate support at 570 USDT and resistance at 576 USDT, with a significant resistance at 618 USDT.
A breakout above the upper trendline could propel the price towards new highs, whereas a breakdown below the lower trendline might lead to a decline towards the 500-520 USDT range.
Traders should look for a decisive move with strong volume to confirm the next significant direction.
The price is hovering around the 25-period SMA, indicating a lack of strong directional momentum, while volume remains low.
Key levels to watch are the immediate support at 570 USDT and resistance at 576 USDT, with a significant resistance at 618 USDT.
A breakout above the upper trendline could propel the price towards new highs, whereas a breakdown below the lower trendline might lead to a decline towards the 500-520 USDT range.
Traders should look for a decisive move with strong volume to confirm the next significant direction.
$ETH - The Computer of the World
Ethereum is often called the "world computer" because it's like a giant, global computer that anyone can use.
It allows people to create and run applications, just like you use apps on your phone, but these apps run on a network of many computers around the world instead of on one single device.
This means they can't be easily shut down or controlled by one person.
Ethereum uses a technology called blockchain to keep everything secure and transparent, so everyone can see what’s happening and trust that it’s fair.
It's powerful because it lets people do things like make agreements (smart contracts) that automatically follow the rules set by the users, without needing a middleman.
Ethereum is often called the "world computer" because it's like a giant, global computer that anyone can use.
It allows people to create and run applications, just like you use apps on your phone, but these apps run on a network of many computers around the world instead of on one single device.
This means they can't be easily shut down or controlled by one person.
Ethereum uses a technology called blockchain to keep everything secure and transparent, so everyone can see what’s happening and trust that it’s fair.
It's powerful because it lets people do things like make agreements (smart contracts) that automatically follow the rules set by the users, without needing a middleman.
$BTC > Dollar, why?
Bitcoin has a maximum supply of 21 million coins, meaning there will never be more than 21 million bitcoins in existence.
This limit was set by its creator, Satoshi Nakamoto, to make bitcoin scarce, like gold.
As people "mine" bitcoins by solving complex puzzles, they are rewarded with new bitcoins, but this reward gets smaller over time.
Eventually, around the year 2140, no more bitcoins will be mined, and the total will reach 21 million.
This scarcity helps make bitcoin valuable because, like rare items, there’s a limited amount available.
Bitcoin has a maximum supply of 21 million coins, meaning there will never be more than 21 million bitcoins in existence.
This limit was set by its creator, Satoshi Nakamoto, to make bitcoin scarce, like gold.
As people "mine" bitcoins by solving complex puzzles, they are rewarded with new bitcoins, but this reward gets smaller over time.
Eventually, around the year 2140, no more bitcoins will be mined, and the total will reach 21 million.
This scarcity helps make bitcoin valuable because, like rare items, there’s a limited amount available.
$ETH is currently the most valuable asset that could be worth
As ETH's ETF issue approaches, people have become more cautious, but if we look at the price movements in the past, ETH seems to have already priced an ETF rejection. The unusual decline of ETHBTC also supports this. It is almost certain that ETH will fall in the short term if the ETF is rejected, but when we look at the long term, I definitely consider these declines as buying opportunities. When trading, people should not only trade according to charts, but also according to macro data. Although ETH lags behind other assets in terms of ROI, I expect it to rise rapidly after the ETF event.
As ETH's ETF issue approaches, people have become more cautious, but if we look at the price movements in the past, ETH seems to have already priced an ETF rejection. The unusual decline of ETHBTC also supports this. It is almost certain that ETH will fall in the short term if the ETF is rejected, but when we look at the long term, I definitely consider these declines as buying opportunities. When trading, people should not only trade according to charts, but also according to macro data. Although ETH lags behind other assets in terms of ROI, I expect it to rise rapidly after the ETF event.
What does hedging mean in terms of $BTC ?
Hedging Positions:
What is Hedging?: Hedging is like buying insurance to protect yourself against big losses. In finance, it means making an investment to reduce the risk of price movements in an asset.
Why Hedge?: Imagine you have some Bitcoin and you’re worried that the price might drop. By hedging, you can protect yourself from losing money if the price does go down.
How Does it Work?: You take a position in the futures market opposite to your current position.
Example:You own 1 Bitcoin (worth $50,000 today).You're worried the price might drop.You sell a Bitcoin futures contract that agrees to sell Bitcoin at $50,000 in a month.
Result:
If the price of Bitcoin drops to $40,000, you lose $10,000 on your Bitcoin.But, because you sold the futures contract, you gain $10,000 from it (because you can still sell it at the higher, earlier agreed price of $50,000).This way, your overall value remains stable at $50,000.
Why Use It?:
Hedging helps businesses and investors manage risks.It ensures that even if market prices fluctuate, they can avoid significant losses.
Summary: Hedging positions in Bitcoin (or any asset) means taking a trade in the futures market that offsets potential losses from price movements in your current holdings. It's like buying insurance to keep your value stable even if prices change.
Hedging Positions:
What is Hedging?: Hedging is like buying insurance to protect yourself against big losses. In finance, it means making an investment to reduce the risk of price movements in an asset.
Why Hedge?: Imagine you have some Bitcoin and you’re worried that the price might drop. By hedging, you can protect yourself from losing money if the price does go down.
How Does it Work?: You take a position in the futures market opposite to your current position.
Example:You own 1 Bitcoin (worth $50,000 today).You're worried the price might drop.You sell a Bitcoin futures contract that agrees to sell Bitcoin at $50,000 in a month.
Result:
If the price of Bitcoin drops to $40,000, you lose $10,000 on your Bitcoin.But, because you sold the futures contract, you gain $10,000 from it (because you can still sell it at the higher, earlier agreed price of $50,000).This way, your overall value remains stable at $50,000.
Why Use It?:
Hedging helps businesses and investors manage risks.It ensures that even if market prices fluctuate, they can avoid significant losses.
Summary: Hedging positions in Bitcoin (or any asset) means taking a trade in the futures market that offsets potential losses from price movements in your current holdings. It's like buying insurance to keep your value stable even if prices change.
I long some $BNB , why?
Firstly, if you look at the chart below, you can see that BNB is stuck in a triangle.
If there is an upward breakout from this triangle, it is really not difficult to predict that BNB will make a new ATH.
Also, since the Funding Rate is currently negative, it will be a pose that I can carry for the long term, so Funding Fees will not bother me.
Also, BNB is currently one of the most reliable altcoins after $ETH , its price is quite stable.
Firstly, if you look at the chart below, you can see that BNB is stuck in a triangle.
If there is an upward breakout from this triangle, it is really not difficult to predict that BNB will make a new ATH.
Also, since the Funding Rate is currently negative, it will be a pose that I can carry for the long term, so Funding Fees will not bother me.
Also, BNB is currently one of the most reliable altcoins after $ETH , its price is quite stable.
ELI5 - What is Funding Fee in terms of $BTC
In the world of Bitcoin futures trading, the funding fee is a small payment made between traders to keep the price of the futures contract close to the actual price of Bitcoin (called the "spot price").
Here’s how it works:
Futures Contract: This is an agreement to buy or sell Bitcoin at a future date for a price agreed upon today.
Price Difference: Sometimes, the price of the futures contract can be higher or lower than the actual current price of Bitcoin. This difference can be due to market expectations or demand.
Funding Fee Role: To keep the futures price close to the actual price of Bitcoin, exchanges use the funding fee.
How It's Paid: If the futures price is higher than the actual price of Bitcoin, those who are betting the price will go up (long traders) will pay a fee to those betting the price will go down (short traders). If the futures price is lower, the short traders will pay the long traders.
Purpose: This system ensures that the futures price and the actual Bitcoin price don't drift too far apart. It helps maintain market stability.
Example:
Imagine the current price of Bitcoin is $50,000.
If the futures price is $51,000, long traders might pay a funding fee to short traders to incentivize the price to come closer to $50,000.If the futures price is $49,000, short traders might pay a funding fee to long traders to bring the price up towards $50,000.
So, the funding fee is like a small balancing act to keep the futures market and the actual Bitcoin market in sync.
Now, $ENA has negative Funding Fee Rate, it means if you open long position on it, you will earn money by funding fees!
In the world of Bitcoin futures trading, the funding fee is a small payment made between traders to keep the price of the futures contract close to the actual price of Bitcoin (called the "spot price").
Here’s how it works:
Futures Contract: This is an agreement to buy or sell Bitcoin at a future date for a price agreed upon today.
Price Difference: Sometimes, the price of the futures contract can be higher or lower than the actual current price of Bitcoin. This difference can be due to market expectations or demand.
Funding Fee Role: To keep the futures price close to the actual price of Bitcoin, exchanges use the funding fee.
How It's Paid: If the futures price is higher than the actual price of Bitcoin, those who are betting the price will go up (long traders) will pay a fee to those betting the price will go down (short traders). If the futures price is lower, the short traders will pay the long traders.
Purpose: This system ensures that the futures price and the actual Bitcoin price don't drift too far apart. It helps maintain market stability.
Example:
Imagine the current price of Bitcoin is $50,000.
If the futures price is $51,000, long traders might pay a funding fee to short traders to incentivize the price to come closer to $50,000.If the futures price is $49,000, short traders might pay a funding fee to long traders to bring the price up towards $50,000.
So, the funding fee is like a small balancing act to keep the futures market and the actual Bitcoin market in sync.
Now, $ENA has negative Funding Fee Rate, it means if you open long position on it, you will earn money by funding fees!
What's happening in $ETH and $BTC ?
The market was quite illiquid over the weekend and so we had a boring weekend.
However, with the news from Iran, the market went down a bit and people thought that 13 April would be repeated again, but it was not so serious.
With the start of the week, we caught a nice rise again on the ETH and BTC side.
In my opinion, ETH will be ahead of BTC in ROI as we approach ETF, and that's why I invest in altcoins such as ETC, $ENA , PENDLE, which are ETH Betas.
For ETH, the 3,200 resistance still stands at the moment, if this resistance breaks, we can see a sharp rise.
Since I think the ETF rejection has already been priced in, I don't think we need to worry too much about it.
I think that the decline when the rejection news comes should definitely be considered as a buying opportunity.
On the BTC side, as long as the macro data is good like this, there is no reason not to see new ATH, prepare your bags in advance, friends!
The market was quite illiquid over the weekend and so we had a boring weekend.
However, with the news from Iran, the market went down a bit and people thought that 13 April would be repeated again, but it was not so serious.
With the start of the week, we caught a nice rise again on the ETH and BTC side.
In my opinion, ETH will be ahead of BTC in ROI as we approach ETF, and that's why I invest in altcoins such as ETC, $ENA , PENDLE, which are ETH Betas.
For ETH, the 3,200 resistance still stands at the moment, if this resistance breaks, we can see a sharp rise.
Since I think the ETF rejection has already been priced in, I don't think we need to worry too much about it.
I think that the decline when the rejection news comes should definitely be considered as a buying opportunity.
On the BTC side, as long as the macro data is good like this, there is no reason not to see new ATH, prepare your bags in advance, friends!
