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๐Ÿšซ Attention Traders! ๐Ÿšซ Before you think of touching #ARK token or attempting a short, heed this warning. ๐Ÿ“‰๐Ÿ” - A massive 70%+ of the circulating supply is held on exchanges, likely under the control of Market Makers. ๐Ÿ’ผ๐Ÿ“Š - There are no clear signs of distribution phase yet. ๐Ÿšฆ - Betting against a Market Maker? Odds are, you wonโ€™t come out on top. ๐ŸŽฐ Trade smart. Protect your portfolio. ๐Ÿง ๐Ÿ’ก #CryptoTrading #MarketAnalysis #TokenEconomics

๐Ÿšซ Attention Traders! ๐Ÿšซ

Before you think of touching #ARK token or attempting a short, heed this warning. ๐Ÿ“‰๐Ÿ”

- A massive 70%+ of the circulating supply is held on exchanges, likely under the control of Market Makers. ๐Ÿ’ผ๐Ÿ“Š

- There are no clear signs of distribution phase yet. ๐Ÿšฆ

- Betting against a Market Maker? Odds are, you wonโ€™t come out on top. ๐ŸŽฐ

Trade smart. Protect your portfolio. ๐Ÿง ๐Ÿ’ก

#CryptoTrading #MarketAnalysis #TokenEconomics

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โš ๏ธMarket update: The current sentiment among KOLs remains bullish in the market, consistently advocating for the altcoin season. Personally, I have divested from all altcoins and only hold Bitcoin. In my perspective, the market requires a significant correction before the bull run, truly ushering in the altcoin season. Here are a few reasons supporting my viewpoint: 1โƒฃWhile Bitcoin has experienced growth, altcoins have seen relatively limited gains, with a majority experiencing declines. 2โƒฃBinance continues to list projects in which they have invested, leading to a dumping of these assets. Simultaneously, other projects listed lack discerning criteria and trend creation, merely relying on financial resources and relationships. 3โƒฃJump, representing funds and market makers, has shifted a significant portion of their portfolio to Binance, exerting pressure and initiating sell-offs. 4โƒฃThe market anticipates a gamefi trend with projects like #Pixel and #Ron. However, in reality, this is merely a ploy to facilitate the dumping of Ron by #Binanceย  , as they have significant investments and holdings in it. 5โƒฃThe #AI group faces challenges in creating trends, as it is difficult to elevate the ecosystem and other coins along with it. 6โƒฃThe continuous token issuance and listing of major projects on Binance have resulted in an oversaturation of new capital that cannot be fully absorbed. Particularly, the upcoming listing of #Pixel and #STRK next week is expected to draw resources and attention away from other projects.#PIXEL #shakeout #BTCโ€ฌ
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