Optimism (OP) has not seen a strong price increase possibly due to the following reasons:

1. General market situation (Market Sentiment)

The current crypto market may be in a correction phase or investor sentiment is cautious. When Bitcoin or Ethereum does not make significant breakthroughs, altcoins like OP often struggle to gain strong momentum.
2. Selling Pressure
Some investors or institutions holding OP may be taking profits or selling, creating pressure on the price. Additionally, if there are airdrop programs, staking, or token unlocks, a sudden increase in supply can also impact the price.
3. Growth of the Optimism ecosystem
The Optimism ecosystem may be developing but has not yet reached a breakout point. The number of users and projects on this Layer 2 may need more time to grow significantly.

4. Competition from other Layer 2s

Other Layer 2 platforms like Arbitrum, zkSync, or Polygon are also developing strongly. This causes capital and attention to be dispersed among multiple platforms.

5. Lack of strong catalysts (No outstanding news)
If there are no major events or important news (such as new partnerships, technology upgrades, or ecosystem expansions), OP will struggle to attract funds from investors.
What to do in this situation?
• Monitor the ecosystem: Keep updated on the latest information about Optimism, especially the number of projects, TVL (total value locked), and development plans.
• Consider technical analysis: If OP is in a strong support zone, this may be an opportunity to accumulate.
• Diversify portfolio #MarketDownturn $OP
$BTC
$ETH

#MarketDownturn
#USUAL
The current price is at 0.36, this is a reasonable price if you buy now.$USUAL

Cardano (ADA) is currently trading around 0.737 USD and has seen a slight increase of about 0.60% in the past 24 hours, with significant trading volume reaching 1.26 billion USD. The price has recovered significantly in recent months due to increasing investor interest in projects leveraging Cardano's scalable proof-of-stake (PoS) blockchain and upcoming upgrades like Hydra to enhance scalability.
Potential Analysis and Chart
1. Technical Indicators:
• The relative strength index (RSI) of ADA is near 60, indicating a neutral to bullish sentiment.
• Price action shows support levels around 0.70 USD are holding, while resistance around 0.75 USD is being tested.
• ADA has recently climbed above the 50-day moving average, signaling potential bullish momentum in the medium term.
2. Key Developments:
• Cardano continues to develop in areas such as decentralized finance (DeFi) and smart contracts, supported by the Vasil upgrades and the Hydra layer 2 scaling solution.
Risks and Considerations
• Market volatility remains high, particularly in the broader cryptocurrency market, and this could impact ADA's trajectory.
• Competition from other blockchains like Ethereum and Solana could limit Cardano's market share.#MarketDownturn $ADA

Currently,#SCRTis showing positive signs both in terms of price and technical patterns:

1. Current Price and Short-Term Trend: SCRT is hovering around $0.36, with a strong increase in the past 24 hours (around 93%) and in the past week (over 113%). This increase comes from a breakout of the “Falling Wedge” pattern, which usually signals a strong bullish trend.

2. Technical Pattern: SCRT is trading in an ascending channel on the 12-hour chart, with support around $0.35. The price also broke above the 100-day moving average, a positive signal in the long term.

3. Potential for further upside: According to analysts, SCRT has the potential to increase by 110% from the current price if this trend continues.

4. Trading Volume: SCRT trading volume is increasing strongly, reflecting strong interest from investors.

Risks and Recommendations:
• Although the current trend is quite positive, the crypto market is very volatile. If you want to invest in SCRT, you should pay attention to key support areas such as $0.35 and use stop loss orders to minimize risks.
• Keep an eye on signals from larger time frames to determine the sustainability of the bullish trend.
$SCRT #MarketDownturn

$BONK is a good coin to hold for long term when it is in an uptrend$BONK #BONK🔥🔥

According to Followin, data from the American Press Association shows that Mr. Trump is currently leading Ms. Harris by 198 electoral votes to 112 votes. In 8 contested states, Mr. Trump is winning in FL. Instant data shows that Mr. Trump is leading overall. In the crucial state PA, Mr. Trump is ahead by about 2.8 percentage points.#bitcoin $BTC $ETH $BNB

Price prediction #sol :208.2 usd

Since Wednesday, the price of SOL has decreased by 8.88%, currently trading at around 163.72 USD. Despite this drop, the daily chart shows that the token remains above the important support level at 159.67 USD.
With this configuration, the price of Solana may find a recovery from these lows, with the potential to rise to 208.2 USD by the end of the month.
$SOL

Central bank
Argentina organizes a live Bitcoin mining exhibition.
As more and more banking organizations participate in #btc , why are we hesitating when BTC and cryptocurrencies are increasingly gaining attention
$ETH $ETH $BNB

How does the CPI index affect #BONK/USDT
From this data, we can clearly see that the Federal Reserve's interest rate hike cycle, as a way to shrink the balance sheet, has a much greater (limited) impact on BTC prices than CPI data. In fact, when CPI data decreases, BTC prices tend to increase. Considering these factors, this makes reasonable sense:
Bitcoin is also considered a speculative asset and a hedge against the devaluation of currency. This perspective arises from the limited use of Bitcoin in the economy (less than 2%) compared to the widespread use of the US dollar.
Conversely, before the Federal Reserve's interest rate hike cycle, when money is "cheap", Bitcoin is more likely to attract higher-risk investment flows.
However, as the Federal Reserve continuously raises interest rates to curb inflation, Bitcoin's limited supply has offset this impact. As of October 2024, after the fourth halving event in April 2024, 94.13% of the BTC supply will be available at an inflation rate of 0.84%.
It can be said that Bitcoin is not only a hedge against inflation but also a hedge for central banks. This becomes evident when Bitcoin rises 9.5% during the crisis in the US regional banking sector.$BTC $ETH $BNB

Net inflows into US ETH funds
$4.36 million
9 US ETH spot funds recorded net inflows of $4.36 million on Wednesday, with 6 funds having net inflows of zero. The FETH fund issued by Fidelity had net inflows of $5.32 million, while the CETH fund from 21Shares had net inflows of $2.66 million. The ETHW fund from Bitwise is the only ETH ETF that recorded net outflows, amounting to $3.63 million.
#Btc $BTC

#btc and humanity
Currently, #BTC is at the peak of history and the perception of this type of asset is becoming increasingly positive, and more and more large individuals and organizations, as well as the governments of major countries, are recognizing and storing them as a type of asset. Therefore, in my opinion, to avoid falling too far behind the times, we should accumulate $BTC a little.