Between the risk of hacking, poor fund management or the flight of certain leaders of centralized platforms and on the other hand the risk of lack of liquidity, malicious contracts or even difficult to understand interface of decentralized platforms where do you stand?
personally I am more on the side of decentralization of the freedom to have control over your portfolio even if it presents certain risks. Risks that push you to be great, to know how to move forward with merit knowing that we can say to ourselves that yes we are indeed part of the idea of ââ#Satoshi who wanted to create a free peer-to-peer currency without an intermediary. that's why I am a supporter of the #DeFi 13%-90% APR all this exists in decentralized finance you need to be well informed and trained. $AAVE $XVS $CAKE
đ Since the end of the 2021 bull run, whales (wallets that have more than 10,000 ETH) have been exerting very significant selling pressure on the Ethereum price.
And this contributes to the disappointing performance of ETH, which has not managed to break $4,000, and which has still not recorded an ATH since 2021âŠ
đ§ According to Glassnode data, whales are interested in ETH again. Personally, I think this could allow the price to break $4,000, and exceed the ATH of 2021! We will have to see if these whales continue in this direction⊠From Univers crypto
Sarah replied: "In DeFi, I lend my crypto directly to others via smart contracts, without an intermediary. It earns me much more, and I remain in control of my funds."
1. General trend: The current price is 698.87 USDT, with a decrease of -2.34%. This shows a recent bearish trend.
2. Bollinger Bands (BOLL):
The Bollinger Bands indicate moderate volatility.
The upper band (UP) is at 742.86, the middle band (MB) at 697.48, and the lower band (DN) at 652.09. The price is close to the middle band, which reflects a momentary equilibrium.
3. Moving Averages (MA):
MA(5): 346.51M
MA(10): 514.49M These averages show that trading volumes are down compared to a more active recent period.
4. MACD Indicator:
The MACD line (-2.59) is negative, indicating selling pressure.
The recent crossover between the signal line (DEA) and MACD could signal a possible recovery, but this requires confirmation.
5. Volumes:
A decrease in trading volumes (visible on the volume histogram) could indicate less immediate interest in this asset.
6. Key areas:
Resistance: 714.61 (upper level visible).
Support: 622.85 (lower level visible).
Possible strategies:
Buy: If the price exceeds 714.61 with increasing volumes, this could indicate an uptrend.
Sell: If the price breaks the support at 622.85, a further decline could be in the cards.
Waiting: In the absence of clear signals (low volumes and oscillations close to the average), waiting for a trend confirmation could be wise.
Do you want a more detailed analysis or specific strategies?
#XmasCryptoMiracles YET IS IT NECESSARY TO OWN A CEXâS NATIVE CRYPTOCURRENCY?đ€
1. User Cost Reduction
Native tokens are often used to pay transaction fees on the platform at a discounted rate. For example, Binance uses its native token BNB to offer discounts on trading fees.
This incentivizes users to hold and use these tokens, increasing their utility.
2. Economics and Business Model
The native token allows the platform to generate revenue through its initial coin offering (ICO/IEO). These funds can finance infrastructure development or service expansion.
By controlling a token, the platform can influence its internal economics, such as fees, incentives, or distribution.
3. Increased user loyalty
Native tokens are often integrated into loyalty programs, such as staking rewards or airdrops. This encourages users to stay active on the platform.
An engaged community around the token creates a vibrant and loyal ecosystem.
4. Diversified use cases
Native tokens are used for much more than fees: they can be used to vote on governance decisions, participate in funding projects (such as Launchpads), or obtain exclusive benefits.
This gives a key role to holders, reinforcing their commitment to the platform.
5. Benefits for the platform itself
Centralized platforms use native tokens as leverage to stabilize their ecosystem, manage liquidity, and attract new users.
They can also periodically burn a portion of the tokens in circulation, artificially increasing their scarcity and perceived value. $BNB
To store your bitcoins while minimizing transaction fees, here are some practical tips.
1. Use an offline wallet (cold wallet)
Hardware wallets (like Ledger or Trezor) or paper wallets allow you to store your bitcoins offline. This reduces fees, because you do not need to make frequent transactions.
Fees only apply when you transfer your bitcoins from this wallet.
2. Favor wallets that allow you to customize fees
Some wallets, like Electrum, allow you to set your own fees. In case of low network congestion, you can opt for very low fees.
Monitor the mempool (Bitcoin transaction queue) to send your transactions when fees are at their lowest.
3. Use the Lightning Network
The Lightning Network allows instant transactions with very low fees. You can deposit your bitcoins into a Lightning channel to make payments or transfers without high fees.
4. Batch Transactions
If you need to send multiple payments, batch them into a single transaction. This reduces the total fees per transaction.
5. Minimize Outgoing Transactions
Keep your bitcoin in a single address whenever possible. Transactions with multiple inputs or outputs can increase fees.
6. Use Low Activity Times
Fees vary based on how congested the Bitcoin network is. Watch for off-peak times (often weekends or during periods of low economic activity) to reduce costs.
7. Avoid Costly Middlemen
If you store your bitcoin on an exchange (like Binance or Coinbase), be aware that they have their own withdrawal fees. Transfer your funds to a personal wallet to avoid these fees. $BTC
The $60 Bet: How Jeremy Got Rich (and a Little Lucky)
Jeremy, a 22-year-old, lived in a small apartment where hot water and Wi-Fi were in a daily battle to see which would work. He worked as a pizza delivery boy, and every night, after saving up a few tips, he watched YouTube videos titled: âHow to get rich without talent or capital.â One day, he came across a video called âStocks That Will Explode in 2024,â and decided it was time to act. Jeremy had only $60 in his account, just enough to buy either a promising stock or a four-cheese pizza (his favorite dinner). Motivated by a mixture of desperation and enthusiasm, he opted to invest.
Arbitrum's ecosystem is particularly interesting and promising in the world of Layer 2 blockchains. Here are some notable aspects:
Arbitrum's strengths:
1. Efficiency and speed: Arbitrum is designed to offer fast and low-cost transactions by relying on Ethereum. This makes it attractive for DeFi and NFT projects.
2. Security: Since it is based on Ethereum, it inherits the security of this network while reducing costs.
3. Rich ecosystem:
DeFi: Many DeFi platforms like Uniswap, GMX or Aave have migrated or integrated Arbitrum to take advantage of its advantages.
NFT: The NFT ecosystem on Arbitrum is growing with marketplaces like Treasure.
Gaming: Arbitrum also attracts gaming projects due to its low transaction fees.
4. Growing Adoption: Due to its performance and easy integration, many developers and projects are choosing Arbitrum.
5. Community and Development: An active community supports the evolution of the ecosystem. Moreover, with the introduction of Arbitrum Nova, a solution specifically for gaming and social applications, they are further expanding their reach.
Possible Challenges:
1. Competition: Arbitrum faces direct competitors such as Optimism, Polygon, and zkSync.
2. Relative Centralization: Some critics believe that the network could be more decentralized, although this is improving over time.
3. Education and Adoption: As with any emerging technology, users need to be educated on the use of Arbitrum and its benefits.
Arbitrum plays a key role in the scalability of Ethereum and attracts a variety of innovative projects. If you are interested in the blockchain universe or dApps development, this is an ecosystem to follow closely.
I started writing articles on binance square very recently and my goal was to reach 100 subscribers before the end of this year, thanks to you I was able to achieve that. Thank you, the next goal is to reach 1K subscribers before the end of 2025. By the way, Merry Christmasđ to all. We are waiting for the bull market to celebrate the new year which is coming with joy. $BTC $ETH $ARB
#ReboundRally WHATâS HAPPENING ON $BNB /USDT? đđđ„
1. Ascending Channel:
The chart highlights an ascending channel, outlined by trendlines (blue).
The lows (yellow circles) are following a steady uptrend, indicating dynamic support.
2. Resistance Zone:
The purple area around 720-760 USDT represents a major resistance. Price has attempted to break through this area several times but has encountered rejections.
3. Current Level:
Price is near 705 USDT, slightly below the key resistance. This may indicate a strengthening before a larger move.
Possible scenarios:
Bullish: If the price breaks the resistance of 720-760 USDT with high volume, it could trigger a continuation of the uptrend.
Bearish: If the price fails to break the resistance and breaks out of the channel from below, it could signal a correction towards 640 USDT or lower.
The current price of ARB is 0.7941 USDT, up +5.08% on the day.
The high of the last 24 hours is 0.8168 USDT, while the low is 0.7485 USDT.
2. Bollinger Bands (BOLL):
Bollinger Bands are used to identify volatility:
Upper Band (UP): 1.2255
Middle Band (MB): 0.9518
Lower Band (DN): 0.6781
The current price is close to the lower band, which indicates a possible reversion to the mean or a continuation of the downtrend if selling pressure persists.
3. Moving Averages (MA):
MA(5): 100,219,038.0 (Represents a short 5-period moving average.)
MA(10): 110,949,760.4 (Represents a longer 10-period moving average.)
These indicators show recent bearish momentum, confirmed by the moving average crossover.
4. Trading Volume:
ARB 24h Volume: 87.79 million.
USDT 24h Volume: 68.35 million.
Volumes remain high, indicating active interest in this trading pair.
5. MACD Indicators:
DIF: -0.0327
DEA: 0.0020
MACD: -0.0346
The MACD is showing a bearish crossover, with the histogram in negative territory, confirming recent bearish pressure.
6. General Trend:
After a local peak at 1.2384, the price has entered a significant bearish correction phase.
If the price bounces off the lower Bollinger band and the MACD reverses, a recovery could be in the works.
The $ARB /$USDT pair is showing significant volatility with a recent bearish trend. For an investor, it would be important to monitor the price reaction near current supports (such as the lower band at 0.6781) and wait for confirmations before initiating positions.
WHY IS IT IMPORTANT TO ESCAPE FROM CHARTS? đđđ„
1. Maintain your mental health
Spending too much time analyzing charts, especially in volatile markets like crypto, can be stressful and anxiety-inducing. Constant stress can lead to poor decisions, such as impulsive purchases or hasty sales.
2. Improve your perspective
Stepping away from charts and screens allows you to see things from a more objective perspective. This helps to avoid short-term obsession and focus on a long-term strategy.
3. Avoid overtrading
Excessive exposure to the markets often encourages overtrading, i.e. making unnecessary trades. This can lead to increased losses and high fees.
4. Live a balanced life
Financial success is important, but it shouldnât come at the expense of your personal life, social relationships, or hobbies. Spending time with loved ones or doing something outside of the markets is essential for a balanced life.
5. Protect your physical health
Sitting long hours in front of a computer can harm your posture, eyesight, and overall well-being. Taking regular breaks to move, breathe, or play sports is crucial.
6. Develop other skills
Taking time away from the markets can help you develop other skills or interests, like learning a new language, reading, or working on personal projects, that can enrich your life.
7. Prevent burnout
Crypto is a 24/7 market, which makes it easy to get sucked into the constant flow of information. Yet, no one can be continuously productive without rest.
In short, it is not only good, but crucial, to do something other than being in front of your computer analyzing the crypto markets. Taking a step back helps you stay lucid, balanced and make wiser choices.
this curve is a reliable indicator for the alts seasons it is the price ratio ETH and BTC when the price moves upwards this is a good sign for all altcoins and in a bullish market we see a dominance of ether compared to bitcoin.
Let's analyze this configuration together.
1. Descending triangle (Bearish):
The blue lines draw a descending triangle type pattern. This pattern is often interpreted as a bearish continuation pattern in technical analysis. The support (lower line) seems slightly inclined downwards, which reinforces the bearish pressure.
The exit from this type of triangle is generally downward if the support is broken with volume.
2. Previous High (December 2021):
The rise towards 0.05533 (174.67%) visible on the chart marks a significant high. This shows a strong bullish push followed by a prolonged correction. This level can now act as a key resistance.
3. Bearish Channel since 2021:
Since 2021, a bearish trend is clear with increasingly lower highs and lower lows. This shows an imbalance in favor of long-term sellers.
4. Breakout Potential:
If the price breaks out of the triangle from the bottom, it could lead to a continuation of the decline, perhaps towards lower levels near 0.02. Conversely, if a bullish breakout occurs with volume, it could signal a recovery towards the upper resistance at 0.06158.
Key Points:
Monitor the breakout of the triangle lines (upwards or downwards).
Volume is crucial to confirm the direction of the breakout.
Key levels to watch are the supports around 0.034 and the resistances around 0.061.
This is a situation where the market seems to be in a state of consolidation with a possible resolution coming soon.
note that we are in the same configuration as the 2017 bull market.
WHAT DOES THE FEAR AND GREED INDEX TELL US?đđ
62: greed
This is the index that shows market sentiment. Basically, if we were in a bear market, the index would be pointing towards the red, which would mean extreme fear for all investors, which is not the case, we always remain in the greed zone, it smells good for the rest of the events. And then know that we never move in a straight line in a bull market, there will always be healthy correctionsđ„
1. Ascending Channel: The chart shows that Bitcoin dominance has been moving in a bullish channel since December 2022, marked by ascending trendlines (support and resistance).
2. Rejection near the resistance: Recently, dominance has touched the upper resistance of the channel and seems to have been rejected, as indicated by the bearish candle.
3. Descending Arrow: A forecast is suggested of a potential decline towards a level around 51.89%, which coincides with an important horizontal support.
Technical Analysis:
Resistance Rejection: The rejection of the resistance indicates that the price is currently limited by this area. This could mark the beginning of a correction within the channel or a breakout downwards.
Bullish structure at risk: As long as the lower support of the channel (in blue) is preserved, the structure remains technically bullish. However, if this support is broken, it would confirm a possible bearish reversal.
Forecast:
1. Bearish scenario: If the channel support is broken, a rapid drop towards 51.89% is plausible.
2. Bullish scenario: If the support holds, dominance could rebound to retest the channel resistance.
Potential strategy:
Monitor the reaction at the support level (lower line).
If dominance breaks below 55%, it could be a bearish continuation signal and therefore the start of a potential alts season
If the support holds, a rebound would be an opportunity for bullish strategies.
it's time to find out if you had the ability to weather the storm and then this correction is nothing extraordinary compared to that of the bear market.
strengthen your positions prices are attractive at the moment. the rise is preparing yes the rise is coming.