Here's the Analysis of #VET : #VET going through the large | ENSIGN TRADING on Binance Square

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Here's the Analysis of #VET :
#VET going through the large downtrend channel pattern and make a consolidation range over the support zone of $0.033 - $0.034. Buys looks healthy here but to be sure you can wait for the breakout of the consolidation.
#VETUSDT 

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The collective analysis of these on-chain metrics presents a broadly optimistic picture for Bitcoin's long-term prospects: Support for growth: Many metrics indicate a strong support for continued growth. Long-term holders are accumulating, stablecoin inflows are increasing, and miner activity suggests confidence in BTC's future. Market sentiment: The sentiment among holders and traders remains positive, with a significant number of long positions and a steady outflow of BTC from exchanges indicating trust in Bitcoin's long-term value. Supply dynamics: The reduced selling pressure from long-term holders and miners, combined with growing stablecoin capitalization, suggests a stable and supportive environment for BTC. ❓Should you buy or sell? While on-chain metrics show a favorable long-term outlook for Bitcoin, it's crucial to remember that market conditions can change rapidly. Here are some considerations based on the analysis: Buy: If you have a long-term investment horizon, the current metrics suggest that Bitcoin is well-supported for future growth. Accumulating BTC during periods of stability and lower prices could be a prudent strategy. Hold: If you are already invested in Bitcoin, the metrics support holding your position. The market sentiment and support levels indicate potential for future appreciation. Caution: For short-term traders, it's essential to stay vigilant. While the long-term outlook is positive, short-term fluctuations and pullbacks are possible. Pay close attention to market trends and be prepared for volatility. Will you buy?🤔

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Buying dips in a macro uptrend is smart, and so is taking profit on major pumps in an uptrend. If i didn't take profits from March - May, I'd have no dry powder to buy the dip. Always keep that in mind. Take profit at key resistance levels on the way up when the market is hella bullish. And buy the dips at 50-70% drawback when there's blood everywhere.

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#GAL fell sharply from the support level of $3.15-$3.0 and reached the bottom of the descending channel. It seems that the correction process will end soon, but the price needs some time to rest and accumulate liquidity. If the current level is maintained, the price will return to the broken support. Breaking the bottom of the channel and the current level will push the price towards $1.650. #Galusdt

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