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In trading, always remember: “Don’t be a hero. Don’t have an ego. Always question yourself and your ability. Don’t ever feel that you are very good. The second you do, you are dead.” Paul Tudor Jones
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STROJ: Battling the Resistance, Preparing for Breakout? 🥊 #STROJ is facing stiff opposition from the formidable resistance zone of $0.49 - $0.50. The price has been forcefully rejected, indicating a potential downward trend. Expect a retest of the crucial support level at $0.40 - $0.43 for $STORJ . 📉 A successful defense of this support could set the stage for a #Bullish reversal, propelling the price towards a decisive breakout of the resistance. However, traders must exercise caution and closely monitor market developments. 🧐
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🚨 Urgent: $230M Hack Crisis 🚨 WazirX Seeks Binance's Support Amid Recovery Plan Clash 🤝💰 In a shocking turn of events, #WazirX , a leading Indian crypto exchange, is facing a $230M hack crisis and has turned to #Binance for a lifeline. The two companies are currently at odds over a proposed recovery plan. 💔 WazirX's CEO, Nischal Shetty, has reportedly reached out to Binance CEO Changpeng Zhao (CZ) for assistance. However, the details of the proposed recovery plan remain unclear, leading to a dispute between the two exchanges. 🤔 The hack has left WazirX in a precarious position, and the exchange is in dire need of support to recover the stolen funds. 😱 Will Binance come to the rescue, or will the dispute escalate further? 🔥 Stay tuned for updates on this developing story. 📰 #WazirXHack
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🚀 Ethereum ETFs Off to a Flying Start 🚀 In just one week, #Ethereum ETFs have seen a staggering $1.18 billion in inflows! 💰📈 Despite the impressive debut, the #crypto market has experienced a net outflow of $338 million due to massive withdrawals from Grayscale. 📉 This development marks a significant milestone for Ethereum, as institutional investors show strong interest in the second-largest #cryptocurrency . 🏦💼 The new ETFs provide a regulated and accessible way for traditional investors to gain exposure to the digital asset. 🌐📊 As the crypto landscape continues to evolve, it's crucial for investors to stay informed and make educated decisions.
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🚀 Miners' Sell Pressure 📉 Halving Effect 💎 📊 Recent miner netflows: ±500 BTC/week. Comparing netflows: Miners: ±500 $BTC Exchanges: ±4K BTC ETF wallets: ±4K #BTC 🔍 Exchanges and ETFs likely have 4-8x more market influence than miners. #CryptoInsights #BitcoinHalving 🔑 Miners' sell pressure decreases with each halving, but they hold less sway over the market compared to exchanges and ETFs.
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