😀😃😄😁 **Interest Rate Decision Forecast for June 2024**

**Time**: 01:00 AM 13/06/2024

Key information to grasp for this interest rate decision:
- **Current interest rate**: 5.5%
- **CPI inflation index** results ... compared to the forecast
- **Unemployment rate** continues to be high
- The **FED** aims to bring inflation back to the 2% mark

What will happen when the FED announces the interest rate?
1. **Maintain the current interest rate**
Good news for the financial market.

2. **Increase the interest rate**
Bad news for the entire financial market as well as the economy. Inflation may decrease but could lead to a recession.

3. **Decrease the interest rate**
Very good for the financial market, but the FED is always steadfast in its goal to thoroughly reduce inflation, which is unlikely at the current time.

Good news: Experts from CMEGROUP predict a 99% chance that the interest rate will remain unchanged this time.

➡ Let's see how the FED will solve the interest rate - inflation - recession puzzle.

The path for Bitcoin ($BTC ) to reach 100k is now wide open!

This month’s CPI is quite good, decreasing to 3.4% compared to the forecast of 3.3%.

This means we have had two months of decreasing CPI, so the predicted rate of interest rate cuts in September has also skyrocketed to 61%.

Additionally, the presidential election is heating up.

CRYPTO will continuously be named by the media.

If Tr…um…p is re-elected, the crypto spring is coming.

$ETH

Solana ($SOL ) is an L1 blockchain network that has been operational since 2020. Supporting DeFi, memecoins, pilots with traditional payment systems, and more, Solana has emerged as one of the leading "alt-L1" networks by market capitalization.

The demand for access to this asset without the requirement to join the cryptocurrency ecosystem. The immediate success of the Bitcoin ETF product, which recorded an inflow of USD 12 billion in Q1 2024 (according to Investopedia), has led some to speculate about the possibility of a Solana spot ETF. However, it remains to be seen whether a Solana spot ETF will become a reality, and if so, whether the fund will be as successful as the $BTC spot ETF.

SOL and many other cryptocurrencies can be purchased, traded, and more on Binance.

The Core Team of $NOT has revoked the right to intervene in the supply of $NOT .

This is the first step in returning NOT back to the community, and no more tokens will be minted in the future.

Personally, I am looking forward to Notcoin having many fun games for players to burn $NOT in, increasing the rarity of $NOT .

I heard that $NOT can currently be purchased with a Visa card through the Telegram Wallet.

If more use cases are added, then $ NOT is no longer just a meme.

Hold until 2025, don't ask for a target.

"This market is addictive. It’s ADDICTIVE for real, no joke!

At 1 AM today, #BTC plummeted below 69k, Dom’s surge startled everyone holding coins, causing a heart-racing moment, and they quickly closed the app because ‘out of sight, out of mind.’ Meanwhile, those holding a lot of USDT were slightly gleeful, waiting for an opportunity to buy in. In the end, whether they bought or not remains unknown, but both the sharp rises and falls BRING EXCITEMENT to both sides, those holding coins and those yet to buy.

It makes everyone feel like they are right, that their predictions are spot-on, regardless of whether the market goes up or down. And they follow it daily. It’s hard to break away.

This feeling among the coin community is akin to Stockholm syndrome (a psychological reaction that occurs when people develop a bond with the person/thing causing them distress 😂😂)."

Explaining a Part of Psychology: The Tendency to Sell Early and Prefer Holding onto Profits

(Excerpt from “Financial Behavior” by Duke University)

The Disposition Effect is a common psychological tendency in investing, characterized by the following investor behaviors:

📌Selling profitable investments early: When an investment yields a profit, investors tend to cash in early, fearing that prices will drop in the future and they will lose their earnings.

📌Holding onto losing investments: Conversely, with losing investments, investors often have a “hold” mentality, hoping that prices will recover and they can break even or make a profit.

This behavior stems from human cognitive errors, including:

🚩Fear of loss: Investors worry more about losing money than making money, leading them to sell off when in profit and hold when at a loss.

🚩Anchoring bias: Investors tend to rely on the original purchase price (entry point) of a stock/coin as a benchmark to evaluate investment performance, rather than its actual value (such as market valuation, fund overview, roadmap, potential, etc.)

🚩Overconfidence: Investors often trust their own market prediction abilities (thinking they can predict the market), leading them to hold onto losing investments in the hope that the market will turn in their favor and they will profit.

"$BTC  broke its previous season’s All-Time High (ATH) of 69k, $ETH  went up to 4k tempting to break ATH but then stopped. This was followed by 3 months of altcoins decreasing and then moving sideways.

Three months later, to the present. We have people calling to short $BTC  at 71k because the previous three times $BTC  hit 71k, the price always dropped.

Most altcoins have halved from their peak and, although they are also moving sideways, technology coins are starting to be predicted to rise again next season.

In a sideways trend, one of two scenarios will occur. The first is a distribution chart, where everyone is hyping each other about the super cycle, $BTC  at 1 million dollars, claiming this season will not have a downtrend, the Bitcoin standard. This is where Whales often dump their holdings and then say goodbye to the market.

The second is the sideways accumulation chart where we see the opposite scenario: everyone has doubts, with analyses fluctuating within a price range of 15-20%.

‘Short at the range high and long at the range low,’ he exclaims joyfully, having found the holy grail in trading. Only for one day the market to break upwards without any specific reason at all.

Or it could be said, the specific reason is that it has moved sideways long enough to accumulate holdings, and now that accumulation is complete, it’s time to rise.

I see that ETF money has returned, the European Central Bank has cut interest rates (the US has not yet). The unemployment rates and such in the US are not good, leading to a desire to stimulate the economy. The FED has turned dovish towards the market.

This is the most favorable environment we’ve had after the 2022-2023 period when the FED was only hawkish and kept raising interest rates. The future is very bright, it’s just that the price has not yet reflected on the chart, but when the price does rise, they’ll start shouting Fomo DCA positive…"

China users have now been able to register and trade on the #Bybit platform.

This is not too surprising as I had guessed that China would make a comeback in the Crypto game this year when Hong Kong approved the $BTC ETF and $ETH ETF.

China is a country that owns a lot of Bitcoin and also has the most widespread CBDC network, although it is still in the testing phase.

This year is the year of governments and VCs competing with each other, and you will see this becoming increasingly clear.

Therefore, the market will be harder to predict. Some believe that the bull season has started in 2023 and will end by the end of this year, while others think it will start in 2025.

However, my view is still that the official wave of #altseason will begin next year. But from now until then, there will still be many surprises for you to experience.

Remember that you cannot beat the sharks; you can only be flexible to ask for a bit of fortune.

Maybe this year I tell you to accumulate aggressively, but next year you should consider reducing your volume.

VanEck transfers a large amount of ETH

19 hours ago, #VanEck transferred 4.64k $ETH ($17.66M) to a fresh wallet.

Within just two months, VanEck has continuously conducted transactions transferring large amounts of $ETH to fresh wallets. Subsequently, all this $ETH was further staked through Abyss Finance.

Most of the ETH that VanEck transferred was received from Flow Traders, one of the Market Makers specializing in accumulating stocks for Wall Street ETF funds.

As of now, the total volume of ETH that they have staked through a third party amounts to 32.4k $ETH , equivalent to $115M.

If you choose one coin for each narrative, regardless of market capitalization, which one would you pick? 😊

Layer1: $ETH, the cornerstone of altcoins.

Layer2: $OP , the platform for Base chain, World chain, and other projects.

POW: $ETHW, a fork from $ETH but essentially still ETH. It’s the coin I have the highest expectations for, followed by $ETC.

SocialFi: $CYBER aims for Layer 3 and is developing a robust SocialFi ecosystem.

AI: $FET will soon convert to $ASI, forming a trio of superintelligent artificial beings in the future.

Modular: $TIA A pioneers modular technology, which may find extensive use in new projects, especially games and cross-chain applications.

Crosschain: $W Wormhole provides a superior cross-chain experience compared to other solutions.

RWAs: $OM introduces the first real-world assets (RWAs) on the Cosmos Hub.

Oracle: $LINK , the king of oracles.

Meme: $NOT , probably nothing!

Feel free to share your list or comment on any other coins! 😊

Let’s explore the benefits of cold wallets in the crypto world.

Cold Wallets: Enhancing Security for Your Crypto Assets

When it comes to safeguarding your cryptocurrency holdings, cold wallets play a crucial role. Here are the key advantages of using cold wallets:

Offline Security: Cold wallets keep your private keys offline, away from potential online threats. Unlike hot wallets (which are connected to the internet), cold wallets are immune to viruses, malware, and hacking attempts.

Protection from Theft: By storing your crypto keys offline, you prevent hackers from gaining control over your assets. Hot wallets, on the other hand, are vulnerable to attacks due to their online connectivity.

Long-Term Storage: If you’re a serious crypto investor, cold wallets provide a safe place to store your assets for the long term. Whether you’re holding Bitcoin, Ethereum, or altcoins, a cold wallet ensures their security over the years.

Remember, while hot wallets offer convenience, cold wallets prioritize security. Consider using a combination of both based on your specific needs and risk tolerance.

The largest wave of the cycle is about to begin!

$BTC has broken out of the 48-69 range and is now entering the next range of 69-100-150-240k. Earlier this year, when BTC was around 40k, most people were bearish. However, now nearly everyone seems to be bullish.

Some analysts and influencers might suggest going against the crowd, but the current sentiment is officially bullish. Factors like ETF inflows, legal stability, retail participation, and the strength of the market cycle contribute to this trend. Those who resist the overall direction may find it challenging.

While BTC is poised to reach new highs, altcoins may still experience fluctuations. In a major trend, each subsequent bottom tends to be higher than the previous one, and each subsequent peak is higher as well. Buying at the absolute bottom becomes increasingly difficult.

Consider holding your position for at least six months. Waiting this long can help you adapt to market changes without actively trading. After all, if you’ve been waiting for three years, why not hold for another six months? 😊

(Note: The information provided is based on the user’s message and may not reflect the most up-to-date market conditions. Always conduct your own research.)

Good morning, everyone! Let’s dive into the analysis:

Bitcoin (BTC) Prediction: It seems our prediction that $BTC would enter an upward trend starting from June 4th has been accurate.

Binance Coin ($BNB ) Performance: Yesterday, $BNB became the first top altcoin to break its previous all-time high this season. This is a positive signal for the overall market.

Altcoin Breakouts: While we haven’t seen explosive x5 or x10 breakouts in June yet, there’s no need to fear missing out (FOMO) just yet.

Mars in Aries: Mars is currently in the sign of Aries, which marks the beginning of the zodiac cycle. This position encourages us to build long-term strategies for personal growth and life improvement.

Earth Restrains Mars: However, Mars is directly opposed by Earth, which restrains its impulsive nature and forces it onto a longer-term journey.

Investment Strategy: Therefore, from now until the end of June, it’s prudent to maintain a cautious approach, balance your investment portfolio, and set appropriate short-term and long-term targets based on your capital.

No Deeper Bottom Than May: Remember, there’s no deeper bottom than what we saw in May. So let’s avoid drawing random charts and FOMO-ing into high prices.

Stay informed and make strategic decisions! 

Regarding the current market situation, it seems similar to the period around August and September 2023 when everything was rising amidst people's doubts. If the Dominance Index (DOM) stabilizes and Bitcoin ($BTC ) remains sideways, we might experience a strong Altcoin season. However, there's also selling pressure based on on-chain data. Overall, the market could be volatile until the Consumer Price Index (CPI), but a strong rally afterward seems likely¹.

Remember, though, that market predictions can be uncertain, and it's essential to stay informed and make decisions based on your own research. Good luck! 🚀🌟¹

If your questions are:
I. Will there be an Altcoin Season soon?
II. How to recognize Uptrend/Downtrend/Altcoin Season,…
III. Which areas should we pay attention to in the upcoming Altcoin Season? Then this article is for you.

I. Altcoin Season? Altcoin Season is currently happening, and the confirmed signal was ETH’s pump two weeks ago.

Before that, there was a period when the market tended to adjust, and it was quite dull sideways. II. How to recognize signs of Altcoin Season?

[TOTAL] The total market capitalization tends to increase continuously for at least 7 days.

[TOTAL3] The total market capitalization excluding BTC and ETH tends to increase continuously for at least 7 days.

[BTC.D] The percentage of BTC’s market capitalization compared to the total market decreases continuously or remains sideways for at least 7 days.

This means that after these conditions appear, we expect a confirmation signal to start buying. III. Which areas should we pay attention to in this upcoming altcoin season?

Binance Launchpool (Restaking + GameFi + Meme) $ENA , $BB, $REZ , $OMNI , $PORTAL, $PIXEL,…

Telegram Base Web App (Tap to earn and Claim to earn): HOT Wallet | $HOT, Wave Wallet | $OCEAN, NOT coin | $NOT, Kombat Hamster, Onchain, MemeFi,…

Some unusual trends like DePIN and AI can also be considered, but I don’t rate them highly due to the risk of prolonged capital lockup, depending on individual preferences.

BREAKING: 🇹🇭 Thailand SEC approves the first spot #Bitcoin ETF.

Bullish $BTC $ETH $QI

#
"When we've gone through previous cycles, it seems that this cycle is running similarly. The only difference is that the current market cap is larger, and there are more projects. The potential for exponential growth from technology coins, as seen in previous seasons, is now less.

Hidden gems have emerged, mostly from projects listed at the end of 2021. I still believe the market's fundamental nature remains the same, and 2025 will be the peak of this market.

The time to accumulate assets is getting shorter, and I'm quite certain that we've missed the opportunity to accumulate some coins at lower prices.

Looking back at the current undervalued projects, they still appear cheap for the coming year.

The question is, are you willing to trade time and money to place trust in them?

Take, for example, $WLD , a top player in the AI field. FDV with $WLD is just noise compared to what it has done and will do in the near future.

The crucial point is that even though there's unwarranted FUD (fear, uncertainty, and doubt), if investors waver, where will they find the confidence to hold?

In my experience, projects that face criticism and FUD during an uptrend tend to become true unicorns.

It's highly likely that $ WLD and $AEVO will be among them.

As for safe and affordable coins, consider $ARB , $OP, $STRK , $SUI and $KDA

Layer1 and Layer2 solutions are struggling right now due to low liquidity, preventing them from pushing multi-billion-dollar market cap coins to the top gainers and exchanges.

However, during an uptrend, it's a different story. Layer1 and Layer2 are indispensable.

Almost all capital will flow into these two categories.

We have only six months left until the end of 2025, and just over half a month to accumulate.

It's highly unlikely that we'll see $BTC, $ETH, and Altcoins at these prices in 1-2 years!"

In astrology, the fourth house represents the foundation, which is crucial in any journey. It symbolizes the core of a person’s being and shapes their future life.

The fourth Dasa (major planetary period) in an individual’s life signifies breakthroughs and transformations. Its outcomes influence all subsequent Dasas.

The number 4 corresponds to Rahu, representing expansion and growth in the area (house) where it resides.

=> Bitcoin ($BTC ) has undergone its fourth halving cycle.

Looking at Bitcoin’s astrological chart, we find that its fourth house contains both the Sun and Mars. These two planets symbolize government and the military.

Coincidentally, during the fourth halving, we witnessed the emergence of Bitcoin ETFs and political figures endorsing cryptocurrencies. Bitcoin is strategically positioning itself as a global asset.

The halving occurred at a price of $69,000, which serves as a foundational level. We are unlikely to see $BTC at $69,000 in the next cycle.

Crypto has gained recognition from governments, and soon, various military entities will participate in the crypto market in different capacities.

If you’ve recently discovered crypto, consider yourself fortunate. For those who knew about it in previous cycles, be ready to discard outdated notions—such as Bitcoin being tied to stocks or fears about interest rates and inflation—because Bitcoin is creating a new history. 🚀💡

You're laughing at me?. 😊 And you're absolutely right—while we can't predict the future with certainty, having hope and staying positive are essential. Who knows what exciting developments await us in 2030-2035? Keep believing! ❤️

The tokens unlock projects for June:

$ARB : $106 million on June 16

$APT : $105 million on June 12

$UNI: $91 million on June 16

$STRK: $78 million on June 15

$DYDX : $67 million on June 1

$SEI: $65 million on June 15

$IMX : $57 million on June 14

$MERL: $42 million on June 19

$ENS: 38 million on June 8

$ALT: $34 million on June 25

$AXL: $28 million on June 27

$PORTAL: $26 million on June 29

$MANTA : $25 million in June (exact date not specified)

$GMT: 24 million dollars on June 9

$LMWR: 22 million dollars on June 16

$PIXEL: 22 million dollars on June 19

$APE: 20 million dollars on June 17

$ZK: 20 million dollars on June 19

These projects represent exciting developments in the crypto space. Keep an eye on them! 🚀💰