#MarketPullback A market pullback is a temporary decline in stock prices, typically between 5-20%. It's a normal market correction, allowing valuations to adjust and preventing overheating. Pullbacks can be triggered by various factors, such as economic uncertainty, interest rate changes, or profit-taking. Historically, markets have recovered from pullbacks, with the S&P 500 averaging a 13.3% gain in the year following a pullback. Investors often view pullbacks as buying opportunities, as they can provide entry points into quality assets at discounted prices.
There’s a common misconception that I’m going to clear up for you today.
When a new coin launches, and you see a percentage increase based on the low of the first candle and the current price, like $VANA being up 2400%, many people believe that some individuals bought it at $1 and others at $25.70. Here’s the truth: When Binance adds a new coin, they must provide three prices before trading begins:
1. Opening price
2. High of the day
3. Low of the day
For example, #VANA had a low of $1, a high of $25.70 on the first candle, and an opening price around $21.79. The low price is typically based on the coin's ICO or launchpad price, while the high is either random or based on CoinMarketCap if the coin is already trading on other exchanges. Sometimes, both the low and high are arbitrary numbers, depending on the market cap at the time of launch.
The percentage you see is simply the difference between the ICO/launchpad price and the current market price. It reflects the returns made by ICO or seed investors.
As I mentioned, Binance has to set those three prices before trading starts, so there’s no way anyone bought it at $1 or $25.70 when trading began. Everyone buys at the price where trading starts.
Don’t be impressed by these numbers.
Understand how things actually work—it’s important.
#CryptoUsersHit18M $BNB The market is booming, new coins are emerging all the time. Gems that could be the path to a future millionaire, I know, it's crazy to think like that, but a market and possibilities. $BTC has just hit the 107k mark, I'm aiming for a rise to around 125k. The market is so attractive that the number of users is growing absurdly every day, people are entering this digital market looking for profits or a way to guarantee higher returns for their capital. It's a risky market, but it's worth remembering that the higher the risk, the higher the return
Trump will take office next month, and these 3 cryptocurrencies are set for a big rise! 🚨 Especially the 3rd one! If you want to get ahead, don't miss these chances:
1. $DOGE With Elon Musk’s support and Dogecoin’s strong liquidity, this meme coin is ready to soar even higher after Trump’s inauguration. Get ready for potential big gains! 🚀
2. $PNUT PNUT jumped 400% during Trump’s election campaign, and with low price swings, it’s a great option for long-term investment. Watch for a second wave of growth! 📈
3.$PEPE
PEPE is more than just a meme coin—it’s focused on DeFi and NFTs, with plans to build its own ecosystem. Timing is crucial, but when the time is right, PEPE could increase by 10x! 💥
#BitcoinKeyZone $BTC Bitcoin is at $100,100, with resistance at $102,000 and support at $98,400. It fluctuates between $99,000 and $102,000, while the RSI shows overbought conditions, indicating potential price declines. Matrixport predicts Bitcoin could hit $160,000 by 2025, driven by institutional interest and ETF demand, with a 60% increase expected following recent volatility and stable market conditions. The Bank of England mandates firms disclose crypto asset exposure, including Bitcoin, by March. Boyaa Interactive has converted Ether holdings to Bitcoin, and Metaplanet is raising funds for Bitcoin.
$PEPE Coin's future price predictions are looking bullish. According to CoinCodex, the price is expected to rise by 230.33% and reach $0.00008375 by January 11, 2025.
Here's a breakdown of the predicted prices for the next few years:
2025 : The price is forecasted to trade between $0.00004338 and $0.000121, with an average price of $0.00006960.
2026 : The predicted price range is between $0.00002111 and $0.00006701, with an average price of $0.00003951.
2027 : The forecasted price range is between $0.00002316 and $0.00004771, with an average price of $0.00002745.
2028 : The predicted price range is between $0.00003432 and $0.00008132, with an average price of $0.00005020.
2029 : The forecasted price range is between $0.00006583 and $0.000164, with an average price of $0.000105.
2030 : The predicted price range is between $0.00006497 and $0.000105.
Keep in mind that these predictions are based on technical analysis and should not be taken as investment advice. It's always important to do your own research and consult with financial experts before making any investment decisions.
Trump’s Crypto Promise: Why It’s Time to Invest in Ethereum and Bitcoin #BTC500K #TrumpInPump
In a bold move, Donald Trump recently vowed to make cryptocurrency a bigger priority if re-elected, signaling potential mainstream adoption. This could be a game-changer for the crypto world!
Here’s why you should act now:
Bitcoin$BTC : The king of crypto thrives on market confidence and is seen as a digital gold reserve. With more political backing, its value could skyrocket.
Ethereum$ETH : Powering Web3, DeFi, and NFTs, Ethereum's real-world use cases and deflationary model make it a no-brainer for growth.#
As crypto moves closer to global acceptance, investing now could secure your future gains. Don’t miss the wave and buy now!!