🔸 Join Binance Square AMA - Get a share of rewards up to $250 💵
To help you better understand the platform and special benefits of becoming a creator on Square. Binance is going to host an AMA to discuss directly with the community and a Q&A session with prizes! 🤩
💰 Total prize: 250 FDUSD
🟢 10 best questions to answer, each question will receive 15 FDUSD 🟢 10 lucky winners (winners will be drawn directly), each question will receive 10 FDUSD
⏰ Time: Wednesday, July 3, 2024, at 18:00 (UTC+7) 📍 Location: https://www.binance.com/en/live/video?roomId=2207120
There is some information on X that FTX will return money to users next month. The total amount is about 16 billion USD in cash (FTX will return cash, not crypto; the value is based on the price when $BTC was 16k...). Therefore: 👉 FTX returns cash => there is no selling pressure on any coin. 👉 Addicts tend to relapse, so if users get 16 billion USD back, they are likely to deposit it into Binance, Okx, or Coinbase, etc. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Bitcoin spot ETF has recorded positive inflows for 4 consecutive days 📈 Yesterday, 129.45 million USD flowed into the $BTC spot ETF. No fund sold out, and Fidelity was the biggest buyer, with 65 million USD recorded 🚀 No smart fund is bearish at the range low within the price range. You shouldn't be either 💪
$BTC closed the weekly candle with a Pinbar at the range-low; an important "support" area 🙏 The weekly structure of $BTC is bullish 🚀. The fact that the price couldn't drop below 60k and quickly bounced back to the 62k-63k area shows there is buying pressure at the range-low within the 56.5k - 74.3k price range 💪 $BTC has been trading in this range for 4 months. Therefore, I expect a breakout in July (upside). Regarding the daily timeframe, $BTC is just moving sideways within the price range. The price moves from range low to range high and back again. There is no specific trend. The optimism comes from the smaller timeframes, H4-H1.
If we believe in cycles, then July will be a month of growth. Many comparisons show that this period in 2024 is very similar to the end of 2020. This means that the cyclical pattern is still being maintained (even though $BTC is in an uptrend about 3 months earlier than expected). $BTC has been sideways for nearly 4 months now. Break-out soon 🙏 --- #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Did Germany 🇩🇪 lose money organizing the EURO, so they have to sell "assets" to cover the national team expenses? The German government just put 1,500 Bitcoins on the market... probably to sell. --- #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Probably many of you already know about Hamster Kombat, an auto-clicker game on Telegram. It racked up crazy numbers on social media in the past few months, 10 million followers on X, 29,4 million subs on Youtube, 47 million daily users and the list goes on. The following post will be a guide to the best strategy to get the Airdrop.
There is a high probability that Hamster Kombat will have an Airdrop if you reach certain criterias. The main criterias most highly will be the level of your hamster CEO and the Profit Per Hour. For the CEO level it will be reaching level 10 and the minimal Profit Per Hour will be 1 million/hour. Other important metrics will be the levels of your mining options and number of referrals , for higher probability of scoring big is to level all your options to level 10 and try to invite at least 10 friends to unlock all the cards.
So, how do we level up our CEO to max level? First of level up all the mining options, then complete all the Earn missions and claiming Daily Reward ( 6,649,000 in one week)
Next up will be to complete daily cipher and daily combo. The cipher can be solved by tapping on the hamster using Morse code and combos can be achieved by upgrading our mining options and unlocking cards. The cipher earns you 1 million coins per completion and the combos earn you 5 million per completion. With this strategy you will be able to level up to max in approximately 15 days and reach 1 million Profit Per Hour very fast.
For the updates on cipher and daily combos follow our Binance Square as we will share daily solutions so stay tuned.
Write2Win, a write-to-win and-receive rewards event exclusively for Vietnamese creators. 🖋 The exchange will create a discussion topic and give away 50 FDUSD in token vouchers (which can be exchanged for money) to the 3 creators whose posts have the highest interaction each week! ✨ 👉 How to join? Step 1: Follow Binance Vietnam channel on Square Step 2: Share the official announcement post (on Square or any platform) Step 3: Create content. Every week, we will announce a new topic of the week and creators need to create articles or posts that meet the criteria 🗓 Time: June 19, 2024 - July 16, 2024 Don’t miss out on this fantastic opportunity to showcase your content creation skills and win exciting rewards! Join the #Write2Win event, follow the steps, and start creating. Let's see who can generate the most interaction and win prizes! 🏆
"Overvalued, overvalued, overvalued 😂 My newsfeed is flooded with bearish posts, saying this project and that project are being priced too high. $STRK, $ARB, $OP - layer 2 $SUI, $APT, $TIA - layer 2 All are around ~7b market cap, meaning 5-7 times the private round valuations of Tier 1 VCs. Solana also once received severe criticism from Eastern Laos and international CT. From 5u down to nearly 1u, then back up to 3u => The entire community cursed it as overvalued. The story after that, everyone has seen. $sol, $near, $ftm, $avax, $luna, and dozens of other L1, L2 tokens all went to the moon. Developers, MM, VCs of any project all want to dump. But to dump, there must be liquidity. To have liquidity, there must be marketing. And there's no better marketing method for a project than pumping. $NEO, $XLM, $XRP $ETH, $SOL, $DOT, $AVAX $TIA, $SEI, $SUI, $APT want more examples?"
"Low float - High FDV - Crazy Prices." Lately, I've read many articles criticizing tokenomics where initial token generation events (TGEs) have very low initial supplies but high total supplies. This setup results in low market caps but very high fully-diluted valuations (FDVs). Last night, I backtested over 20 altcoins from the 2017-2018 cycle to the 2020-2021 cycle to compare with the current one. Interestingly, I found that previous cycles faced similar situations. In 2017-2018, FDVs ranged from hundreds of thousands to a few million. In 2020-2021, they jumped to tens of millions to hundreds of millions. Currently, top-tier altcoins are being valued in the billions. Are they overvalued? 👉 Yes. That's the game; if you accept it, you can participate. Alternatively, you could seek coins where all tokens have already been released. (However, based on my backtest, these often underperform significantly during bull runs.) #Lcagency #Lcademy #blockchainvietnam #Crypto_Jobs🎯 #KOLcrypto
$AVAX dropped ~8% due to a sell-off of 2 million $AVAX - 54.2 million USD. According to CoinMarketCap, it takes about 1 million USD to decrease $AVAX by 2%. In reality, 54.2 million USD only reduced the price of $AVAX by about 10%. => Is there buying pressure? Case study on Liquidity. Edited: corrected due to a misreading P/S 01: 1 million USD will reduce the price by 2% on Binance only, but across all exchanges, it would require more. However, the mechanism is that if one exchange's price drops, other exchanges will have market makers selling at the same price. Continue to observe this case to see what happens.
▫️$BTC is relatively straightforward, still trading within the range of 58.9 - 73.8.
▫️The 58.9k bottom has been swept, so the next liquidity draw level could be at 74k. Therefore, I'd only look for Long positions up to 74k.
▫️Upon reaching that level, observation is crucial. If the red plan plays out, meaning $BTC creates a fake breakout and returns to range trading, then there's a high chance of $BTC dropping to 50k => making an altcoin season unlikely!
▫️Expectations remain on the green plan, with $BTC holding above the 75-80 range for a few days before further increases => Altcoin season begins.
PTKT #OTHERS 3/6/24 IN THE LAST 6 MONTHS OF THE YEAR, ALTCOINS WILL SOAR 🚀
▫️On large timeframes like the weekly chart; the daily chart still shows an upward trend with a beautiful structure. Higher highs and higher lows consistently above key EMA lines.
▫️The current phase resembles that of August 2020 - October 2020. The price is above EMA lines and gearing up for a Parabolic rise.
▫️Altcoins usually soar when the crowd has seen Bitcoin surge (Bitcoin has surged and hit ATH) while meme coins attract newcomers to the market (Memes are increasingly prevalent and surging). Combined with BTC.D reaching 57%, I believe most Altcoins are currently in accumulation and awaiting strong signals for a Pump 🚀
Currently, meme coins and older coins are experiencing stronger gains/recoveries compared to newer coins or those with solid technological foundations. Much FUD is being spread about these groups of coins. Such as significant initial distributions, developers collaborating with VCs to buy tokens at low prices to dump on holders, etc. I advise everyone to stay vigilant and not to lose their holdings.
Withdrawal Guide for Notcoin to Exchanges ⭐️ Last night, Notcoin officially enabled withdrawals to Binance, 🥰 Follow the steps below to transfer NOT to the exchange:
1️⃣ Access @notcoin_bot, click Start -> Open
2️⃣ Click on the "Claim" button (Available only for Telegram Premium accounts)
3️⃣ Click the upward arrow (Next to the ➕ sign)
4️⃣ Click "Exchanges" and select the exchange where you want to withdraw $NOT
❗️ Note: Besides withdrawing to exchanges, you can also stake $NOT for 30 days to earn interest.
5️⃣ Enter the deposit wallet address and MEMO
➡️ Additionally, for those with Vouchers, you can click the "➕" sign to convert them to $NOT .
$BTC analysis on the H4 timeframe ▫️With the bullish sentiment surrounding $BTC , upcoming corrections present opportunities for us to Long $BTC and anticipate ATH. ▫️However, pay close attention to the 69k area as this could be where selling pressure kicks in strongly. This was the previous ATH and also the region that formed the downward waves recently. 👉 Hoping that $BTC will overcome this zone, and if it does, we can expect the bull run to continue for the next few months.
$BTC to cease declining and create ATH? ▪️First is the weekly candlestick chart: After 4 consecutive weeks of decline, entering the 5th week, $BTC continued to drop from 63k to 57k, making everyone anticipate 50k, but by the end of the week, $BTC staged a strong recovery and closed the week with a bullish pinbar. ▪️Moving on to the daily candlestick chart: Wednesday saw significant selling volume, but thereafter, $BTC couldn't drop further and reversed to rise, especially with a strong upward candle on the 6th day. 👉 $BTC successfully trapped the bearish camp by breaking down below the 59k level. It also swept the stop losses of the Long camp. ▫️Based on the weekly and daily charts, I believe in the coming days $BTC will seek higher levels. First is the 68k-69k region. Then comes the ATH. ▫️Opportunity for "traders from the future" lies in the rebounds of $BTC to Long and TP at higher levels.
Besides the Bitcoin halving, another significant factor influencing the crypto market cycle is the U.S. presidential election! After the election, a large amount of money is often allocated to new policies. This explains why the market usually gradually rises and experiences continuous pump and dump cycles from the period after the halving onwards! Just look at the market capitalization chart of altcoins outside the top 10, and you'll see it clearly! From now on - until altcoins enter a strong upward trend, sit tight, hold firmly, and wait! As long as the market and herd psychology exist, the cyclical factor will persist!
In recent months, we've witnessed 8 consecutive months of price increases in both BTC and altcoins. The current correction phase is necessary for the market to sustain long-term growth. Many people are wondering how long this correction will last so they can mentally prepare. In my personal opinion, we may see the bottom of this market in about 2 months from now. The following 3 months will likely be a period of slow market recovery with continuous pump and dump cycles - a rollercoaster that may lead to extreme frustration among traders, making them believe that a significant correction is imminent after such pump and dump phases. However, towards the end of the year, everything will start to fall into place. The strongest bull wave of the cycle is expected to occur during this time. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Throughout the past period, Memes have consistently outperformed most technology projects. From layer 1;2 to DeFi, LSDFI, all have shown extremely modest growth compared to meme tokens. Image 01 - Current situation ▫️ Memes have surged strongly, and after the correction, the rebound is even stronger than other technology projects. Meme tokens have now returned to the price level before the dump. ▫️ Conversely, technology projects raising tens to hundreds of millions are struggling to find the bottom. 👉 Is it the twilight of technology Altcoins? Are Memes taking the throne? ⭐️ Actually, it's not like that. It's simply the flow of money circulating between narratives (See post 02)
Image 02 - Not long ago ▫️ $SEI up 9 times; $TIA up 10 times and a series of technology Altcoins have shown relatively impressive growth - mostly doubling or even quintupling from the bottom in October 2023. When corrections occur, technology coins often bounce back quickly (don't know if you remember). ▫️ Meanwhile, meme tokens are in a downward trend, continuously seeking the bottom without any signs of recovery. ⭐️ Conclusion: The market will constantly change "lock key," don't think that holding the key to success in the previous phase will continue to win in the next phase. ⭐️ Our market training mindset: New technology coins are the real deal => buy a lot => heavy bags => crash hard. Or another example: Old coins are heavy bags => few people buy => pump hard. 👉 Now many have been looking for old coins; memes on dex with potential xxnx and abandoning new technology projects. The market repeats itself... we're just spinning. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Many traders are curious whether the upcoming token unlock for $SUI is something to be worried about. Personally, I believe token unlocks for developers and project funds aren't necessarily cause for concern. With a stash of tokens already in their possession, they are incentivized to actively seek ways to "sell the product!" – essentially, marketing and promotion. The best marketing approach for a reputable project like this is to let the price action speak for itself. As the price rises, liquidity increases, especially with the OTC market seeing significant development. This scenario isn't unique to $SUI ; other altcoins backed by VCs and market makers will likely follow a similar pattern. $OP serves as a prime example: after its unlock, it underwent an accumulation phase for about two months before hitting its all-time high! This might resonate most with those who have been in the industry for a while and have built numerous relationships! I've witnessed many skilled traders who excel at finding promising coins and identifying trends but still struggle to achieve substantial results with their trading approach! Then, when the market turns against them, and they start losing on subsequent trades, they have to start over from scratch! Most of the big winners in crypto tend to adopt a conservative approach, buying only a few tokens when they're cheap and selling when they're high, without overly trading! So, it's best for most of us retail traders to opt for a strategy of buying at low price levels, despite the common misconception that cryptocurrencies are scams! Think like the whales: accumulate slowly and sell slowly – avoid selling everything at once, because if you sell everything and the market continues to rise for another 3-5 months, you're likely to get back in at the top! And if you've been selling gradually, by the time you reach half to one-third of your target, you can already start taking profits and securing your initial investment!