LIVESixSixxSixxx
@SixSixxSixxx
Analyst, Futures Trader
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📉🔻When will be the next global market crash? 💥#US_Job_Market_Slowdown
A significant crypto market downturn is imminent, mirroring trends in other asset classes. I believe it starts in August. Here’s why:
1. Market Manipulation: The current market surge is likely driven by manipulation from powerful entities like BlackRock, politicians, and whales. Their identities remain in mystery, but they could be connected to criminal activities like money laundering. These players may be artificially inflating prices to cash out before a broader economic collapse, potentially triggered by the upcoming US presidential election and subsequent geopolitical instability.
2. Regulatory Uncertainty and Political Gamesmanship: Taking into account that #SEC backs down on claiming $SOL , $ADA $MATIC in #BinanceTrendingTokens suit and at the same time Trump pledged to end the war on crypto as part of his election campaign. The politicization of crypto, evident in the Bitcoin 2024 conference and #TrumpCrypto campaign promises, introduces instability. Politicians often make conflicting statements, further exacerbating market volatility by playing with their electorate.
3. Market Cycles and Economic Indicators: We’re at all-time highs in crypto, stocks, real estate, and gold. History suggests such peaks are followed by corrections. Moreover, soaring inflation, rising unemployment, and the divestment of assets by the ultra-wealthy
4. Global Conflict and Economic Warfare: The ongoing Russian invasion of Ukraine, and the Palestine-Israel conflict, along with the potential for expansion into Asia and Europe, create a volatile geopolitical landscape.
5. Existential Threats: The construction of private bunkers by billionaires like Musk, Zuckerberg, and Bezos underscores growing concerns about catastrophic events, like nuclear strikes. Such fears can trigger risk-off behavior in financial markets.
The world is on the brink of a severe economic downturn. This will likely lead to a market crash, creating opportunities for those who can time their entry and exit points correctly
A significant crypto market downturn is imminent, mirroring trends in other asset classes. I believe it starts in August. Here’s why:
1. Market Manipulation: The current market surge is likely driven by manipulation from powerful entities like BlackRock, politicians, and whales. Their identities remain in mystery, but they could be connected to criminal activities like money laundering. These players may be artificially inflating prices to cash out before a broader economic collapse, potentially triggered by the upcoming US presidential election and subsequent geopolitical instability.
2. Regulatory Uncertainty and Political Gamesmanship: Taking into account that #SEC backs down on claiming $SOL , $ADA $MATIC in #BinanceTrendingTokens suit and at the same time Trump pledged to end the war on crypto as part of his election campaign. The politicization of crypto, evident in the Bitcoin 2024 conference and #TrumpCrypto campaign promises, introduces instability. Politicians often make conflicting statements, further exacerbating market volatility by playing with their electorate.
3. Market Cycles and Economic Indicators: We’re at all-time highs in crypto, stocks, real estate, and gold. History suggests such peaks are followed by corrections. Moreover, soaring inflation, rising unemployment, and the divestment of assets by the ultra-wealthy
4. Global Conflict and Economic Warfare: The ongoing Russian invasion of Ukraine, and the Palestine-Israel conflict, along with the potential for expansion into Asia and Europe, create a volatile geopolitical landscape.
5. Existential Threats: The construction of private bunkers by billionaires like Musk, Zuckerberg, and Bezos underscores growing concerns about catastrophic events, like nuclear strikes. Such fears can trigger risk-off behavior in financial markets.
The world is on the brink of a severe economic downturn. This will likely lead to a market crash, creating opportunities for those who can time their entry and exit points correctly
PINNED
I currently don’t see any entry points for long and short positions, same as I don’t see any opportunity for market recovery and growth in August. You can still try to play with shorts, as it may crash much more. My global market analysis from 31st July worked well, attracting screenshot as a proof. There were many clowns 🤡 that said I was spreading the rumor and were discussing new ATH. There are classic market rules that worked out well again: #market
1. Markets move in cycles, when they are at the top - the crash or correction will happen next.
2. Sell on the massive optimism, when everyone, even your taxi driver buys another 💩 coin and tells about it, and go long, when everyone is desperate and market at the bottom.
3. Markets are always manipulated by the big players and they use small institutional investors to get richer, as the small guys, don’t usually understand what’s going on, greedy, and lazy, that’s why they are loosing their money and give it to the big whales. #crashmarket #Marketsentimentstoday #ETHcrash #SixSixxSixxx_analytics
1. Markets move in cycles, when they are at the top - the crash or correction will happen next.
2. Sell on the massive optimism, when everyone, even your taxi driver buys another 💩 coin and tells about it, and go long, when everyone is desperate and market at the bottom.
3. Markets are always manipulated by the big players and they use small institutional investors to get richer, as the small guys, don’t usually understand what’s going on, greedy, and lazy, that’s why they are loosing their money and give it to the big whales. #crashmarket #Marketsentimentstoday #ETHcrash #SixSixxSixxx_analytics
$TON is being manipulated again, with a massive pump. I checked their telegram channel (screenshot attached) and there is some mysterious symbol of the “bone” was posted before the bullish trend started. #ton #BinanceLaunchpoolTON BinanceLaunchpoolTON Thoughts?
$BTC
Prediction: Bullish in the short term
The $BTC chart exhibits a clear uptrend over the analyzed period. The price has been steadily climbing, punctuated by periodic retracements which have been relatively shallow.
Key Indicators:
Moving Averages: The 9-period moving average (MA) consistently lies below the price, indicating an uptrend. A golden cross (50-day MA crossing above the 200-day MA) is not yet evident but could be a bullish signal if it occurs.
Volume: The volume appears to increase during significant price movements, both up and down, suggesting market interest and volatility.
Based on the prevailing uptrend, the consistent upward price action, and the supportive role of the moving average, the most probable scenario is bullish. A continuation of the uptrend is expected, with potential for further price increases.
However, it's essential to note:
Market Corrections: Uptrends often experience corrections. A pullback to a previously tested support level could be a buying opportunity.
Fundamental Factors: While not explicitly analyzed here, macroeconomic conditions, regulatory changes, and overall market sentiment can significantly impact Bitcoin's price.
Trading Strategy:
A potential trading strategy could involve buying on dips near support levels, with stop-loss orders placed below recent lows. Profit targets could be set at resistance levels or based on technical indicators like Fibonacci retracements.
Remember: Technical analysis is just one piece of the puzzle. Combining it with fundamental analysis and risk management is crucial for successful trading. #MarketDownturn #TONonBinance #XRPVictory
Prediction: Bullish in the short term
The $BTC chart exhibits a clear uptrend over the analyzed period. The price has been steadily climbing, punctuated by periodic retracements which have been relatively shallow.
Key Indicators:
Moving Averages: The 9-period moving average (MA) consistently lies below the price, indicating an uptrend. A golden cross (50-day MA crossing above the 200-day MA) is not yet evident but could be a bullish signal if it occurs.
Volume: The volume appears to increase during significant price movements, both up and down, suggesting market interest and volatility.
Based on the prevailing uptrend, the consistent upward price action, and the supportive role of the moving average, the most probable scenario is bullish. A continuation of the uptrend is expected, with potential for further price increases.
However, it's essential to note:
Market Corrections: Uptrends often experience corrections. A pullback to a previously tested support level could be a buying opportunity.
Fundamental Factors: While not explicitly analyzed here, macroeconomic conditions, regulatory changes, and overall market sentiment can significantly impact Bitcoin's price.
Trading Strategy:
A potential trading strategy could involve buying on dips near support levels, with stop-loss orders placed below recent lows. Profit targets could be set at resistance levels or based on technical indicators like Fibonacci retracements.
Remember: Technical analysis is just one piece of the puzzle. Combining it with fundamental analysis and risk management is crucial for successful trading. #MarketDownturn #TONonBinance #XRPVictory
On Black Tuesday, the last day of the stock market crash #MarketDownturn #BTCMarketPanic #RecessionOrDip? , bankrupt investor Walter Thornton attempts to sell his luxury Chrysler Imperial 75 Roadster for $100 on the streets of NYC, October 29, 1929.
The Wall Street Crash marked the beginning of the Great Depression which lasted until the late 1930s. During this time, businesses were wiped out and unemployment peaked at 25% in 1933. Al Capone was the first person to open a soup kitchen to feed the poor. His kitchens served three meals a day to ensure that everyone who had lost a job could get a meal. Soon, every city and town had a soup kitchen.
Not everyone experienced misfortune during this time. JFK's father, Joseph Kennedy, realized that it was time to get out of the market when a shoe-shine boy offered him some trading advice. During the Great Depression, Kennedy increased his fortune by investing his money in real estate. In 1929, his net worth was around $4 million ($59.6 million today). By 1935, his wealth had increased to $180 million ($3.36 billion today).
The Wall Street Crash marked the beginning of the Great Depression which lasted until the late 1930s. During this time, businesses were wiped out and unemployment peaked at 25% in 1933. Al Capone was the first person to open a soup kitchen to feed the poor. His kitchens served three meals a day to ensure that everyone who had lost a job could get a meal. Soon, every city and town had a soup kitchen.
Not everyone experienced misfortune during this time. JFK's father, Joseph Kennedy, realized that it was time to get out of the market when a shoe-shine boy offered him some trading advice. During the Great Depression, Kennedy increased his fortune by investing his money in real estate. In 1929, his net worth was around $4 million ($59.6 million today). By 1935, his wealth had increased to $180 million ($3.36 billion today).
🔻📉 #MarketDownturn #BTCMarketPanic #RecessionOrDip? #HamsterKombat global market crash has just started and we may see one of the worst historical economic crysis soon.
I recommend staying away from any deals till the middle of September.
We may see some real hardcore stuff going on after the US presidential elections at the end of 2024, which may lead to WW3 or war expansion in Europe, Asia and the Middle East.
The market is very manipulative and unpredictable right now. You may open a short/long position, but it may rise considerably and fall again within 1 day. The way to gain profits is to be very careful, and attentive, follow your trading tactics with TP/SL, and be ready to lose everything quickly. If you don't have experience, trading strategy, or tactics that you follow and your risk tolerance is weak - the risk of losing money right now is 99.9%
I think technical analysts will not help you much right now, in that unpredictability and geopolitical situation.
I'm pausing my trades till I get more clarity about what's going on. Meanwhile, I continue gaining some experience by studying and deepen my knowledge in finance, trading and investments. I will keep you posted with my insights here.
As for you - good luck, with whatever you plan to do next. Take care. $BTC $ETH $BNB
I recommend staying away from any deals till the middle of September.
We may see some real hardcore stuff going on after the US presidential elections at the end of 2024, which may lead to WW3 or war expansion in Europe, Asia and the Middle East.
The market is very manipulative and unpredictable right now. You may open a short/long position, but it may rise considerably and fall again within 1 day. The way to gain profits is to be very careful, and attentive, follow your trading tactics with TP/SL, and be ready to lose everything quickly. If you don't have experience, trading strategy, or tactics that you follow and your risk tolerance is weak - the risk of losing money right now is 99.9%
I think technical analysts will not help you much right now, in that unpredictability and geopolitical situation.
I'm pausing my trades till I get more clarity about what's going on. Meanwhile, I continue gaining some experience by studying and deepen my knowledge in finance, trading and investments. I will keep you posted with my insights here.
As for you - good luck, with whatever you plan to do next. Take care. $BTC $ETH $BNB
📉 What are the reasons of a Global market crash? 💥#MarketDownturn
A significant crypto market downturn is imminent, mirroring trends in other asset classes. Here’s why:
1. Market Manipulation: The current market surge is likely driven by manipulation from powerful entities like BlackRock, politicians, and whales. Their identities remain in mystery, but they could be connected to criminal activities like money laundering. These players may be artificially inflating prices to cash out before a broader economic collapse, potentially triggered by the upcoming US presidential election and subsequent geopolitical instability.
2. Regulatory Uncertainty and Political Gamesmanship: Taking into account that #SEC backs down on claiming $SOL , $ADA $MATIC in #BinanceTrendingTokens suit and at the same time Trump pledged to end the war on crypto as part of his election campaign. The politicization of crypto, evident in the Bitcoin 2024 conference and #TrumpCrypto campaign promises, introduces instability. Politicians often make conflicting statements, further exacerbating market volatility by playing with their electorate.
3. Market Cycles and Economic Indicators: We’re at all-time highs in crypto, stocks, real estate, and gold. History suggests such peaks are followed by corrections. Moreover, soaring inflation, rising unemployment, and the divestment of assets by the ultra-wealthy
4. Global Conflict and Economic Warfare: The ongoing Russian invasion of Ukraine, and the Palestine-Israel-Iran conflict, along with the potential for expansion into Asia, with China-Taiwan-Japan-USA and Europe, create a volatile geopolitical landscape.
5. Existential Threats: The construction of private bunkers by billionaires like Musk, Zuckerberg, and Bezos underscores growing concerns about catastrophic events, like nuclear strikes. Such fears can trigger risk-off behavior in financial markets.
The world is on the brink of a severe economic downturn. This will likely lead to a market crash, creating opportunities for those who can time their entry and exit points correctly
A significant crypto market downturn is imminent, mirroring trends in other asset classes. Here’s why:
1. Market Manipulation: The current market surge is likely driven by manipulation from powerful entities like BlackRock, politicians, and whales. Their identities remain in mystery, but they could be connected to criminal activities like money laundering. These players may be artificially inflating prices to cash out before a broader economic collapse, potentially triggered by the upcoming US presidential election and subsequent geopolitical instability.
2. Regulatory Uncertainty and Political Gamesmanship: Taking into account that #SEC backs down on claiming $SOL , $ADA $MATIC in #BinanceTrendingTokens suit and at the same time Trump pledged to end the war on crypto as part of his election campaign. The politicization of crypto, evident in the Bitcoin 2024 conference and #TrumpCrypto campaign promises, introduces instability. Politicians often make conflicting statements, further exacerbating market volatility by playing with their electorate.
3. Market Cycles and Economic Indicators: We’re at all-time highs in crypto, stocks, real estate, and gold. History suggests such peaks are followed by corrections. Moreover, soaring inflation, rising unemployment, and the divestment of assets by the ultra-wealthy
4. Global Conflict and Economic Warfare: The ongoing Russian invasion of Ukraine, and the Palestine-Israel-Iran conflict, along with the potential for expansion into Asia, with China-Taiwan-Japan-USA and Europe, create a volatile geopolitical landscape.
5. Existential Threats: The construction of private bunkers by billionaires like Musk, Zuckerberg, and Bezos underscores growing concerns about catastrophic events, like nuclear strikes. Such fears can trigger risk-off behavior in financial markets.
The world is on the brink of a severe economic downturn. This will likely lead to a market crash, creating opportunities for those who can time their entry and exit points correctly
$TRX #TrxUstd is at the edge of massive drop by 20-30% in the next 2-3 days, following the other 💩coins, get ready to short the position with some leverage, and enjoy your profits. Also, I recommend checking daily, weekly and monthly chart, to understand why you can still earn on its drop. Good luck 🍀
Curios, where are all the clowns 🤡 that were massively posting advocating for ATH, bullish market, new bull run and to the moon 😂😂😂 absolutely ignoring geopolitical conditions, massive assets sells, market manipulations and wars. Where are you guys? I know you are reading me🤭Do you have anything to say now? $BTC $ETH $SOL #Marketsentimentstoday #BTC_MarketPanic_Dip #US_Job_Market_Slowdown #ETHcrash
Already earner 🔥🔥🔺🔺 +116.56% on Shorting $TRX You could take that chance too, but I think it's too late if you followed my analytics 3h ago. Now, it started crashing. #trxshort #tron #BTC_MarketPanic_Dip Follow me for the next opportunities. Good luck with your trades! 🍀🍀🧧
LIVESixSixxSixxx
--
Bearish
📉💥💥Want to earn on the market crash? I see some opportunity with $TRX . I believe #TrxUstd , its is still a good coin to short #trxshort with leverage on Futures for the following reasons:
1. It dropped from the recent top by only 14-15%, which is a low amount compared to the general market crash, where we see an average 20-30% drop. And the #market will continue to fall based on the recent negative news, liquidations and wars in the world.
2. It's still a weak altcoin with a considerable drop zone potential.
3. The next major support is at $0.10, potentially reaching this week, maybe even lower.
4. Open your short position at $0.12 with leverage and enjoy your profits later this week. Enjoy profits at $0.10 or lower, based on your patience and risk level.
5. I may be wrong, as no one can predict the market, and futures are pure gambling.
6. I always write about, what I do personally, as well as risking my own assets.
If you find my analytics useful you can thank me by - subscribing, sharing and clicking the trading pair below, to do you trade. Good luck trading! 🍀🍀🧧 #SixSixxSixxx_analytics
1. It dropped from the recent top by only 14-15%, which is a low amount compared to the general market crash, where we see an average 20-30% drop. And the #market will continue to fall based on the recent negative news, liquidations and wars in the world.
2. It's still a weak altcoin with a considerable drop zone potential.
3. The next major support is at $0.10, potentially reaching this week, maybe even lower.
4. Open your short position at $0.12 with leverage and enjoy your profits later this week. Enjoy profits at $0.10 or lower, based on your patience and risk level.
5. I may be wrong, as no one can predict the market, and futures are pure gambling.
6. I always write about, what I do personally, as well as risking my own assets.
If you find my analytics useful you can thank me by - subscribing, sharing and clicking the trading pair below, to do you trade. Good luck trading! 🍀🍀🧧 #SixSixxSixxx_analytics
📉💥💥Want to earn on the market crash? I see some opportunity with $TRX . I believe #TrxUstd , its is still a good coin to short #trxshort with leverage on Futures for the following reasons:
1. It dropped from the recent top by only 14-15%, which is a low amount compared to the general market crash, where we see an average 20-30% drop. And the #market will continue to fall based on the recent negative news, liquidations and wars in the world.
2. It's still a weak altcoin with a considerable drop zone potential.
3. The next major support is at $0.10, potentially reaching this week, maybe even lower.
4. Open your short position at $0.12 with leverage and enjoy your profits later this week. Enjoy profits at $0.10 or lower, based on your patience and risk level.
5. I may be wrong, as no one can predict the market, and futures are pure gambling.
6. I always write about, what I do personally, as well as risking my own assets.
If you find my analytics useful you can thank me by - subscribing, sharing and clicking the trading pair below, to do you trade. Good luck trading! 🍀🍀🧧 #SixSixxSixxx_analytics
1. It dropped from the recent top by only 14-15%, which is a low amount compared to the general market crash, where we see an average 20-30% drop. And the #market will continue to fall based on the recent negative news, liquidations and wars in the world.
2. It's still a weak altcoin with a considerable drop zone potential.
3. The next major support is at $0.10, potentially reaching this week, maybe even lower.
4. Open your short position at $0.12 with leverage and enjoy your profits later this week. Enjoy profits at $0.10 or lower, based on your patience and risk level.
5. I may be wrong, as no one can predict the market, and futures are pure gambling.
6. I always write about, what I do personally, as well as risking my own assets.
If you find my analytics useful you can thank me by - subscribing, sharing and clicking the trading pair below, to do you trade. Good luck trading! 🍀🍀🧧 #SixSixxSixxx_analytics
$AMB may be another short opportunity this week, very ⚠️low chance though, but there can be the 3rd wave of artificially created pump (I assume by chinese traders, hail
to PRC comrades) and market manipulation for that 💩coin. Put your short limit orders at 0.0096-0.0099 with a TP at 0.007 and enjoy your profits. DYOR and check my previous post with a correct prediction. #US_Job_Market_Slowdown #amb #AMB.智能策略库🥇🥇
to PRC comrades) and market manipulation for that 💩coin. Put your short limit orders at 0.0096-0.0099 with a TP at 0.007 and enjoy your profits. DYOR and check my previous post with a correct prediction. #US_Job_Market_Slowdown #amb #AMB.智能策略库🥇🥇
$TRX is the next short opportunity if it reaches entry short point of the area 0.139-0.141 / May or may not be this week #trxshort #trx Put your limit order just in case. Good luck trading🤘#US_Job_Market_Slowdown
My analysis for $AMB worked well, those who followed my advice gained some good profits 🤘 follow me for the future analysis and insights
$AMB 🚨Take the opportunity to earn on that considerable price jump at the general down market trend. Short it now, before it’s too late, another shtcoin that is manipulated and will drop heavily soon. Good luck trading 🤘
#amb #AMB.24小时交易策略
#amb #AMB.24小时交易策略
My analytical post from 29 July. Reminder to all the 🤡 who have been leaving unreasonable comments about ATH and etc. The market will continue crashing in Aug. $SOL $NOT $ETH
My Crypto Futures (or Casino gambling) trading rules
🍎Check resistant and support levels, when you enter. Avoid entering in the middle.
🍐Buy only 1 coin, do not open multi positions
🍊Buy for 20% of deposit, the rest 80% will be for managing position and risks.
🍋Buy on desktop, after proper chart analysis. Never buy from Mobile device.
🍋🟩Check market news & market trend. Follow the trend or bet against it.
🍌Always fix the profit, 20-30% min, new opportunity will come, be creative
🍉Learn how to put stop loss and take profit orders. It will save you from big troubles
🍇Wait for the USA market to open, West Cost timing before making any major trades and enter the positions
🍓Calculate the potential future movement of the asset, and consider the market trend and news. Does the position you’d like to open make sense afterwards?
🥥98% of the people trading here, do not know what they are doing, 1% are big whales manipulating the market for their benefit. 1% belongs to your luck, trading strategy and very limited knowledge. Do you still want to play this game?
🍒Never read and follow the creators on Square and their opinions - 99% of the are wrong, including me.
🍍Future trading is the Casino and Gambling. Sometimes you win, sometimes you lose. 80% of the chance that you will lose money, sooner or later.
🌶️Good luck!
$BTC $ETH $SOL
🍎Check resistant and support levels, when you enter. Avoid entering in the middle.
🍐Buy only 1 coin, do not open multi positions
🍊Buy for 20% of deposit, the rest 80% will be for managing position and risks.
🍋Buy on desktop, after proper chart analysis. Never buy from Mobile device.
🍋🟩Check market news & market trend. Follow the trend or bet against it.
🍌Always fix the profit, 20-30% min, new opportunity will come, be creative
🍉Learn how to put stop loss and take profit orders. It will save you from big troubles
🍇Wait for the USA market to open, West Cost timing before making any major trades and enter the positions
🍓Calculate the potential future movement of the asset, and consider the market trend and news. Does the position you’d like to open make sense afterwards?
🥥98% of the people trading here, do not know what they are doing, 1% are big whales manipulating the market for their benefit. 1% belongs to your luck, trading strategy and very limited knowledge. Do you still want to play this game?
🍒Never read and follow the creators on Square and their opinions - 99% of the are wrong, including me.
🍍Future trading is the Casino and Gambling. Sometimes you win, sometimes you lose. 80% of the chance that you will lose money, sooner or later.
🌶️Good luck!
$BTC $ETH $SOL
$XRP 📈 #XRP bullish (and it’s time to short it‼️)🤩 outperformed $BTC $ETH and numerous other leading cryptocurrencies on a daily scale. Ripple’s XRP is currently the best-performing cryptocurrency in the top 100 list, witnessing a significant hourly price increase.
---
➱XRP price is gaining pace above the $0.6320 zone.
➱The price is now trading above $0.65 and the 100-hourly Simple Moving Average.
➱There is a key bullish trend line forming with support at $0.640 on the hourly chart of the XRP/USD pair.
➱The pair could rise further if it clears the $0.6580 resistance zone.
➱The first major resistance is near the $0.6650 level. The next key resistance could be $0.6720. A clear move above the $0.6720 resistance might send the price toward the $0.6850 resistance.
➱If XRP fails to clear the $0.6580 resistance zone, it could start a downside correction. Initial support on the downside is near the $0.6450 level. The next major support is at $0.640 or the trend line.
---
Its impressive rally comes despite the sector’s reigning correction. The reason of that jump remains unknown at the moment of that publication.
---
➱XRP price is gaining pace above the $0.6320 zone.
➱The price is now trading above $0.65 and the 100-hourly Simple Moving Average.
➱There is a key bullish trend line forming with support at $0.640 on the hourly chart of the XRP/USD pair.
➱The pair could rise further if it clears the $0.6580 resistance zone.
➱The first major resistance is near the $0.6650 level. The next key resistance could be $0.6720. A clear move above the $0.6720 resistance might send the price toward the $0.6850 resistance.
➱If XRP fails to clear the $0.6580 resistance zone, it could start a downside correction. Initial support on the downside is near the $0.6450 level. The next major support is at $0.640 or the trend line.
---
Its impressive rally comes despite the sector’s reigning correction. The reason of that jump remains unknown at the moment of that publication.
💥 #MarketSentimentToday When will be the next market crash? 💥
A significant crypto market downturn is imminent, mirroring trends in other asset classes. I believe it starts in August. Here’s why:
1. Market Manipulation: The current market surge is likely driven by manipulation from powerful entities like BlackRock, politicians, and whales. Their identities remain in mystery, but they could be connected to criminal activities like money laundering. These players may be artificially inflating prices to cash out before a broader economic collapse, potentially triggered by the upcoming US presidential election and subsequent geopolitical instability.
2. Regulatory Uncertainty and Political Gamesmanship: Taking into account that #SEC backs down on claiming $SOL , $ADA $MATIC in #BinanceTrendingTokens suit and at the same time Trump pledged to end the war on crypto as part of his election campaign. The politicization of crypto, evident in the Bitcoin 2024 conference and #TrumpCrypto campaign promises, introduces instability. Politicians often make conflicting statements, further exacerbating market volatility by playing with their electorate.
3. Market Cycles and Economic Indicators: We’re at all-time highs in crypto, stocks, real estate, and gold. History suggests such peaks are followed by corrections. Moreover, soaring inflation, rising unemployment, and the divestment of assets by the ultra-wealthy
4, Global Conflict and Economic Warfare: The ongoing Russian invasion of Ukraine, and the Palestine-Israel conflict, along with the potential for expansion into Asia and Europe, create a volatile geopolitical landscape.
5. Existential Threats: The construction of private bunkers by billionaires like Musk, Zuckerberg, and Bezos underscores growing concerns about catastrophic events, like nuclear strikes. Such fears can trigger risk-off behavior in financial markets.
The world is on the brink of a severe economic downturn. This will likely lead to a market crash, creating opportunities for those who can time their entry and exit points correctly.
A significant crypto market downturn is imminent, mirroring trends in other asset classes. I believe it starts in August. Here’s why:
1. Market Manipulation: The current market surge is likely driven by manipulation from powerful entities like BlackRock, politicians, and whales. Their identities remain in mystery, but they could be connected to criminal activities like money laundering. These players may be artificially inflating prices to cash out before a broader economic collapse, potentially triggered by the upcoming US presidential election and subsequent geopolitical instability.
2. Regulatory Uncertainty and Political Gamesmanship: Taking into account that #SEC backs down on claiming $SOL , $ADA $MATIC in #BinanceTrendingTokens suit and at the same time Trump pledged to end the war on crypto as part of his election campaign. The politicization of crypto, evident in the Bitcoin 2024 conference and #TrumpCrypto campaign promises, introduces instability. Politicians often make conflicting statements, further exacerbating market volatility by playing with their electorate.
3. Market Cycles and Economic Indicators: We’re at all-time highs in crypto, stocks, real estate, and gold. History suggests such peaks are followed by corrections. Moreover, soaring inflation, rising unemployment, and the divestment of assets by the ultra-wealthy
4, Global Conflict and Economic Warfare: The ongoing Russian invasion of Ukraine, and the Palestine-Israel conflict, along with the potential for expansion into Asia and Europe, create a volatile geopolitical landscape.
5. Existential Threats: The construction of private bunkers by billionaires like Musk, Zuckerberg, and Bezos underscores growing concerns about catastrophic events, like nuclear strikes. Such fears can trigger risk-off behavior in financial markets.
The world is on the brink of a severe economic downturn. This will likely lead to a market crash, creating opportunities for those who can time their entry and exit points correctly.
💠$SOL 💠is clearly overbought and may crash soon. August will be a game changing month and $SOL may crash significantly.
Why do I think that way?
1. RSI shows that asset is overbought.
2. Huge amounts of $SOL were recently transferred, ready to be sold any moment and crash the price.
3. Weak buying volumes
4. Whales recently transferred lots of assets, dropped the market, bought a dip, now sending the market trend upwards, to short it heavily this week and multiple profits.
It looks like a pure price manipulation, get ready for a roller coaster.
That is my personal assumption and market is very volatile and unpredictable now. Good luck trading!
Why do I think that way?
1. RSI shows that asset is overbought.
2. Huge amounts of $SOL were recently transferred, ready to be sold any moment and crash the price.
3. Weak buying volumes
4. Whales recently transferred lots of assets, dropped the market, bought a dip, now sending the market trend upwards, to short it heavily this week and multiple profits.
It looks like a pure price manipulation, get ready for a roller coaster.
That is my personal assumption and market is very volatile and unpredictable now. Good luck trading!