I have written a short article on this subject before. I think that cryptocurrencies have a very low market value and that their owners who try to hold the strong and potential coins purchased today for a long time when they find their value will be very happy in the future. If I were to give you information with examples again: The market value of the US Nyse stock exchange will be 25 trillion dollars in July 2024, the market value of the largest stock Apple is 3.84 trillion dollars, the market value of gold is 18 trillion dollars, the forex market, which is the largest market in the world, has a market value of 4 quadrillion dollars, while the market value of crypto markets, which include tens of thousands of coins / instruments and have millions of investors, is only around 3 trillion dollars.
I think that serious income can be obtained with timely investment in the right coins in crypto markets, which are still far from the real value, I do not think it will take 10-20 years, I think it will be shorter. As I mentioned in my previous article, I believe that the market value of crypto markets led by #Bitcoin will reach 100 trillion dollars. Big investors like Warren Buffet make money by buying stocks and forgetting about them for years, the only difference is that small investors have to spend the money they invested as an investment because they cannot make ends meet in their daily lives or because they have to due to a need.

You should also evaluate such a market that has not yet found its value as an opportunity.

I think you can make serious profits in the not too distant future with cryptocurrencies with high transaction volume, remarkable projects and promising futures.

$ETH #Ethereum could not pass the 4097 critical level that I mentioned, it could not break the 3200 level either, it needs to be broken on the daily bar for a sell signal, if 3200 is broken, the double top formation will work and deep declines may occur.

$BTC tried to test the psychological resistance level of 100000, but the bears regained control and began to pull the price down. When the 99950 support level was broken, the target was 87000 and I do not think the downward direction will change without seeing that point. If the 100000 psychological level is passed, #bitcoin can regain strength.

The 0.01926 level was very important for $USTC , it gave a clear sell signal by closing below this level in the daily, the target point appears to be 0.01462. There is no sign of weakness only at #lunc or #luna , weakness continues in all crypto markets

SEC files new charge for $#Terra stablecoin (Formerly $USTC ) #UST

The SEC alleged that Tai Mo Shan misled investors by creating the impression that Terraform Labs’ algorithmic mechanism maintained the $1 peg value of UST. When the value of UST fell below $1 in May 2021, Tai Mo Shan and Terraform Labs entered into an agreement to stabilize the price.
Under this agreement, Terraform offered Tai Mo Shan discounted LUNA tokens to encourage him to purchase UST and restore the peg. On May 19, 2021, Tai Mo Shan temporarily stabilized the stablecoin’s price by purchasing more than $20 million worth of UST.

LUNA’s Sale as Unregistered Securities

The SEC’s findings revealed that Tai Mo Shan acted as a legal guarantor for Terraform Labs and purchased LUNA tokens for resale on American-based platforms.

From January 2021 to May 2022, Tai Mo Shan offered and sold these tokens as securities without being registered. The SEC stated that LUNA was classified as a security and that Tai Mo Shan distributed the cryptocurrency to the public.

The SEC stated that Tai Mo Shan’s actions were misleading to investors and that he was unaware of the external intervention-based stabilization. The company did not admit to the SEC’s investigation allegations but agreed to comply with the stay order to prevent future violations of the federal securities laws.
Tai Mo Shan will pay $73.45 million in restitution, $12.91 million in prior litigation interest, and $36.72 million in penalties. These penalties are intended to compensate for illegal profits made through deceptive acts and unregistered transactions. Terraform Labs and its founder Do Kwon have previously faced fraud charges and are facing a 4th World WarHe agreed to pay $5 billion.

$BTC As long as Bitcoin does not pass the 100,000 psychological resistance, the main trend is down. Fear prevails in the markets, psychological resistance levels must be passed in order to reverse the fear, i.e. the decline.

The downtrend has not been reversed yet at $LUNC , as long as there is no daily close above 11500, the rise is just a reaction, the main trend is down and our target 6946 prediction remains the same. It could not hold above 11500 at the moment, the end of the day is important.

$ETH Ethereum could not pass the critical level of 4097 that I mentioned, it harassed the level of 3200 below, but it has not yet been broken on the daily bar, if it is broken, the double top formation may start to work and the decline may deepen considerably, it has not yet given a clear sell signal like Bitcoin, its situation is critical.

Since the 13100 level, I have predicted a decline of $LUNC , the target appears to be 6946, it must rise above 11518 to cancel this decline, it is completely negative at the moment.

Falling below our pivot level at $LUNC , an hourly close below the 10000 level may cause deep declines, I say be careful!

It gave a clear sell signal by closing below the $BTC pivot level, we can say that the 87000 level is the main target point. At least until mid-January, it should not see 100000 again.

Most likely, the speed of downward movements will increase in the short term.

I wrote about the head-shoulder formation at $LUNC days ago. It has not yet broken the pivot level 10134, but the outlook does not look good at all. 10134 is a big level, it can pave the way for new declines.

$BTC rose above the 100000 level today but could not hold on to it at the moment, if #Bitcoin closes below the 99950 level today, a clear sell signal will come. The target will be 87000

$ETH Ethereum could not pass the critical level of 4097, if the daily bar breaks below 3200, the double top formation may start to work and deep declines may follow. It must break the level of 4097 to reverse the negative outlook.

$BTC Bitcoin is once again trying to hold on to trend support, as if they don't want to drop below 99950 before Christmas, also US companies may have postponed sales to January 2025 to postpone the securities tax that will arise from crypto sales by 1 year.#Fed was very hawkish and this will definitely fall in real terms

$BTC Bitcoin fell to the level of 99605, we should watch if it will remain below the pivot point of 99950, there will be reactions up to 100000, if the bears resist the reactions, a trend break will occur.

It is the first product that allows people in the US to add Binance Coin $BNB to their IRAs/Roth IRAs (a type of tax-free and taxable retirement fund). The Osprey BNB Chain Trust, which trades with the ticker $OBNB, has just been launched.