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Ben Walther
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Altcoins are so ready to pump. It just needs a tiny spark.
#ETHETFS
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Ben Walther
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Monday's Almost Here! Don't Forget To Tune In! Tomorrow's Coffee & Crypto session will be one of the most important. I'll discuss the crypto nation's current state and how to proceed from here. I will also explain why "buy the dip" and "sell, we are going to zero" are both wrong. Make sure to tune in! 8 AM UTC! Join Me Here!
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JASMY Back At Crucial Level — Weekly Close Important! JASMY had a rollercoaster ride today. Intraday, the token lost almost 15% before reversing sharply. At the time of writing, JASMY is down "only" 3%. More importantly, JASMY bounced back to its crucial support level. Although the market is currently heavily driven by external factors and less by a token's chart, it would be important to close the weekly candle at or above this level. Otherwise, the selling pressure could increase even more when Bitcoin starts the week with another sell-off. Additionally, IF this were the bottom, JASMY would have been able to make a higher low compared to early July, which would be the first bullish sign of a reversal. $JASMY #Jasmyusdt⚠️⚠️
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Why Is The Crypto Market Crashing So Heavily? A Breakdown Of The Current Turbulences.
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THERE'S A COMMON MISCONCEPTION IN CRYPTO: You need to constantly trade to make profits. I receive so many requests to provide more trade signals, entries, and opportunities. They all boil down to a widespread belief in crypto that you need to be constantly trading to see meaningful gains. But in reality, the bulk of profits often comes from just a few well-timed moves. Here’s my experience: 80% of my returns this cycle were made in just 3 months. The rest of the time? I did nothing. That’s right—most of the time, it’s about watching, waiting, and preparing. And yes, that is the hardest part. However, you don’t need to be in the market every single day. In fact, overtrading can lead to mistakes. The key is to have the patience to sit on your hands when the market isn’t giving you clear signals and the conviction to move decisively when the right opportunity presents itself. This approach doesn’t just apply to your overall portfolio strategy—it’s just as relevant regarding individual tokens. Most of your gains will likely come from a small handful of picks. It’s not about spreading your bets thin across dozens of coins; it’s about identifying the few with real potential and wisely timing your entry and exit points. In this cycle, asset selection is more crucial than ever. With the market becoming more fragmented and altcoin performance increasingly inconsistent, choosing the right tokens is key. (Read this article for more details!) The days of broad market rallies lifting all boats are behind us. Now, it’s about precision and picking the winners amidst the noise. So, don’t fall into the trap of thinking you must be constantly active. The real skill lies in knowing when to act and when to wait. Be selective, be patient, and when the moment is right, don’t hesitate. That’s how you navigate this cycle successfully. 🔄 Found this useful? Make sure to share and follow me for more!
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Solana: Send Back Below To Downtrend — EMA200 Stopped Bleeding Solana showed an incredibly strong performance in July and (finally) broke out of its downtrend that started in March. Unfortunately, SOL couldn't escape the overall sell pressure and was sent back to the downtrend two weeks after its breakout. Moreover, the charts look strongly bearish, with an M-shaped price action on the daily chart between May and today. So far, the EMA200 has acted as strong support, similar to previous drops. If the support breaks, a further dip to $130 and $115 becomes likely. 👉 Check out my long-term thoughts about Bitcoin: Read here 👉 What about the altseason? Check this article 🔄 Found this useful? Make sure to share and follow me for more! $SOL #SolanaUSTD
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