Market, when will it grow again?
BTC is still at 60k, near the old peak, but most Altcoins have split 5, 10 from the peak. Junk coins, trend coins or platform coins have all split many times.
Btc sideways at the peak, but altcoins are broken. This goes against the textbook. It shows that nothing is impossible in the market. The old season's thinking cannot be applied to the new season. The only thing that is certain is that BTC always grows over time. But who holds BTC?
Hopefully the market will sw for another 1-2 months and then grow again to reduce everyone's suffering. Because nothing can decrease forever...

The market is very harsh and highly eliminating when in the last 3-4 difficult months, Binance has continuously Delisted many Altcoins that many people think are super nice to accumulate, including many famous coins?
Because of the trap of being Delisted, it is always direct with all old coins when not many people trade as well as no Volume or there are projects that do not want to build and abandon the project.
So that is the reason why I choose new coins for each new season, if I can ride the peak, there will be a day when I return to the old coin, but if I am Delisted, I will be buried.
Yesterday, Binance announced that some projects were Delisted such as#CVP#EXP#FOR#Loom#Reef#VGX, including those from Launchppol Launchpad Binance, so how harsh is it?
Not every coin is accumulated and then built up like #LINK, brothers, many people I see often share old coins with similar charts that will go to the moon and XX a lot? But I don't know if it will pass these purges or not? For example, there is currently a#BETAthat is also under surveillance. If you hold it, you must always be prepared to be Delisted at any time?

CME institutions closed more than 2,000 Long positions last week as the correction took place, their current total Long position is 17,710. Short positions have not changed much in recent weeks, only closed 14 positions and total Short positions are 629.
No matter how steadfast, with the recent strong correction, it will certainly be shaken somewhat.
$BTC

$TAO . Trust me when ( own it now ) . Will definitely be the leading coin in AI . Very soon

Binance lists Toncoin (TON) with the tag Seed.
Time: 17:00 today (Vietnam time) August 8.
Trading pairs: TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY.
Toncoin is a decentralized and open L1 blockchain, created by the community using technology designed by Telegram.

XRP is not a security. 🚀🚀🚀

Bitcoin Spot ETF yesterday was negative $148.6 million, all funds sold. Meanwhile, Ethereum Spot ETF was positive $98.4 million, BlackRock carried the team with 109.9 million$ buying.

💥💥ATTENTION TO THE $BANANA PROJECT 😎😎
Currently, the BANANA token price has dropped to around $30 as CafeBit warned on July 19. (article below)
👉I used to recommend that you wait for the price to drop by 50% instead of rushing in when it was first listed, not because I could 100% predict the BTC crash last weekend, nor did I use the ptkt indicator to predict.
==> But because before that, I observed that the $BANANA price had increased too high, x10 compared to the TGE time. Surely ETH and SOL traders, along with sharks, will want to take profit.
🤔THE LESSON HERE IS, with each project announcing the Binance listing, you should cross-check other statistical platforms to see when the token was TGE, whether it had increased too much, and what the valuation was.

----
Currently, BANANA is trading around 30 - 35 USD, with a capitalization of approximately 100 million USD, and FDV of 360 million USD (CMC statistics).
👉I think that the circulating supply of 30% or more is quite reasonable in the current market context. Those who want to hoard BANANA can consider buying when the capitalization is below 100 million USD, equivalent to the price range of 30 USD.
In my opinion, the altcoin market is currently experiencing a strong "inflation" in quantity because many projects continue to list on Binance. When the market explodes, not all altcoins may receive capital and grow strongly. => Therefore, you are forced to choose projects with special factors, top segments, products that generate real revenue, and attract investors.
For example, with BANANA, this is a DEX trading bot with high revenue, along with a strategy of sharing 50% of profits to holders. A large user community, mostly veteran traders on the ETH and SOL systems!
😍😍Anyone in the same boat $BANANA, please comment!
$BNB #BANANA

BTC UPDATE 7/8/2024
After the correction to the 49,000 mark, BTC had a strong recovery, BTC is currently at the 56,300 resistance, BTC will likely adjust to the 55,100 - 53,800 zone, further than the 52,100 zone. This has a big impact on the altcoin price during the day. After adjusting the target for BTC to aim for is the 64,300 zone.
Everyone can set up a sell order around 56,300 SL 56,850 to the given levels and then buy to the 64,300 zone.
You can rely on BTC to add your favorite altcoins.