#MarketDownturn The recent downturn in the crypto market has been a challenging period for many investors, with significant declines in major cryptocurrencies causing widespread concern. However, I have approached this situation with a strategic mindset. Instead of panicking, I have focused on diversifying my portfolio to include more stable assets alongside cryptocurrencies. Additionally, I am leveraging this period to buy promising coins at lower prices, anticipating a rebound in the future. My strategy also involves staying informed about market trends and regulatory changes, ensuring that my investments are well-positioned for long-term growth. By maintaining a disciplined and informed approach, I aim to navigate this downturn and capitalize on future opportunities in the crypto market. Never forget HOdl is gold and of course you should buy and DCA when market fell 20% do your first DCA for future always use only 4% of your wallet it hard that you will be Liquaded.
My strategy is always to open a trade with 4% of my wallet size, making it hard to hit the stop loss. I held this trade for nine days, and the loss went to around $455. Many friends told me to hold because my stop loss was at 0.020, and I kept making the same mistake repeatedly because of greed . However, this time, I closed the trade in profit. I waited too long.maybe I can earned more if I waited but it's okey #ETH_ETFs_Trading_Today #bnxUstd #Bnx #FutureTarding #BinanceSquareFamily
LIVE
Jaguars
--
whatever I have earned from. all is in lose. entry-level was 1.55 and after doing DCA it come to 1.4844. I am confused about to hold or close. while my liquidation is 0.028. wanted you guys to share your ideas with me here. #bnxUstd #BNX_USDT #Bitcoin_Coneference_2024
whatever I have earned from. all is in lose. entry-level was 1.55 and after doing DCA it come to 1.4844. I am confused about to hold or close. while my liquidation is 0.028. wanted you guys to share your ideas with me here. #bnxUstd #BNX_USDT #Bitcoin_Coneference_2024
$534 million inflow into Bitcoin ETF, Are traders buying the dip?
Following the recent approval of a spot Ethereum Exchange-Traded Fund (ETF) in the United States, the broader cryptocurrency market has been under significant selling pressure. Despite this trend, Bitcoin ETFs are experiencing unprecedented inflows, signaling strong investor confidence in Bitcoin.$534 million of inflow in Bitcoin ETF According to data from the on-chain analytics firm Spotonchain, Bitcoin ETFs have seen an influx of over $534 million over the past 12 trading days. Among these, BlackRock’s iShares Bitcoin Trust (IBIT) stands out with a remarkable inflow of half a billion dollars. This is the largest inflow IBIT has experienced since March 13, 2024. With this influx, IBIT’s total inflows have now surpassed $19.5 billion, and its holdings have soared to 325,000 BTC, valued at approximately $22.5 billion. 🚨 The substantial inflow has positively impacted IBIT’s share price, which has risen by 2.56% in response. Over the last two weeks, IBIT has seen its share price increase by over 20%, and in the past 30 days, it has gained more than 15%. This strong performance highlights the growing investor interest in Bitcoin amid market volatility. In contrast, VanEck’s HODL ETF experienced a notable outflow of $38.4 million, the largest single-day outflow since the ETF’s launch. Additionally, Grayscale’s GBTC reported no new inflows, indicating a stark difference in investor sentiment across different Bitcoin ETFs.Bitcoin technical analysis Technical analysis of Bitcoin (BTC) reveals that it remains bullish, although it is currently testing a critical demand zone. As of writing, BTC is trading around $66,700, hovering near a crucial support level of $66,200. This demand zone has been tested multiple times since July 19, 2024. Persistent testing could weaken this support level, potentially leading to a price drop to $64,000 if BTC fails to hold its ground. However, Bitcoin’s price remains above the 200 Exponential Moving Average (EMA) on both daily and 4-hour charts, indicating a bullish trend. Despite a recent price drop of over 1.5% in the last 24 hours, investor and trader participation has surged by 45%. Over the past 30 days, Bitcoin has appreciated by 4.7%, reflecting sustained interest and confidence in the cryptocurrency market, even amid broader market challenges.
- SEC officially approves spot Ethereum ETF trading for tomorrow. - BlackRock bought $523 million Bitcoin today - GrayScale sent $1B #ETH to Coinbase on the first day ETF trading
$MASK MASK is currently retesting the support area after the breakout. Consider opening a small long position here with a tight stop loss. A potential bounce from the support area could be observed.
Price is currently testing the resistance area and encountering some selling pressure. It's advisable to wait for a clear breakout above the resistance before considering new entries.
#DEXE is moving up within the channel pattern, and forming the Head & Shoulder Pattern, which is a reversal pattern. Still, it below the major resistance area so its risky at the point. It good to wait for the break and close of the resistance area.
Another Successful trade. hope you guys are in profit and from given point $SOL break. I love you my haters.
LIVE
Jaguars
--
$SOL
Solana (SOL) is facing strong resistance at 170$ but shows potential for a breakout. Technical indicators like moving averages, RSI, volume, and MACD all suggest bullish momentum. Market sentiment remains positive due to Solana's high-speed transactions, low fees, and growing ecosystem. Given these factors, Solana might be ready to break through its resistance level soon. Come on, Solana, let's break it. #solonapumping #SolanaUSTD #solanAnalysis #LearnTogether #AnalisisFundamental