#MarketSentimentToday no pump expected? | Doc_Cryptotech777 on Binance Square

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#MarketSentimentToday no pump expected?

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It took me years in the crypto market to realize these things & you only need 2 minutes to read: 🤏 1. No matter the market condition, one thing stays the same: 8% of people will own 21 million Bitcoin. 2. Financial, capital, and risk management skills are 100 times more important than technical analysis or crypto research. 3. Earning while you sleep: There are many ways to make money in the crypto market without actively trading. On average, #Bitcoin has increased more than 100% per year over the past 15 years. Yet, why do so few people make money? Because getting rich quickly is a common mentality. If you can't dedicate at least 4 hours a day to crypto, stick to Bitcoin and ETH—70% in BTC and 30% in ETH. Trust no one: Trust leads to hope, disappointment, and errors. Learn independently and take responsibility for your actions. This is how to gain automatic minting experience! The ultimate goal of investing: Make life more meaningful. If crypto investing can achieve that, do it. If not, reconsider. Crypto is now a financial market: Originally born from technology, it's now influenced by macroeconomics and connected to mainstream financial markets. People may discourage you from buying Bitcoin, but remember, once something is widely accepted, the opportunity might be gone. Seize your chance now! Invest wisely, make meaningful choices, and let crypto pave the way to a better future. #CryptoInvestingTips #MarketDownturn #Write2Earn! ! #BTCMarketPanic #BinanceTurns7 BinanceTurns7 $BTC $ETH $SOL

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Read this piece regarding the ongoing market crash! Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe it’s indicative of a long-term negative trend. With potential Fed rate cuts & geopolitical volatility, there's still significant potential for market fluctuations. Reminder to always DYOR & stay informed. Keep building! 💪 #CryptoCrash #BinanceHODLerBANANA

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$ETHFI — The last time Bitcoin dropped to the $53k level, ETHFI fell to $1.71 but then rebounded to $2.7 when Bitcoin climbed back to $69k. Yesterday, Bitcoin dropped from $69k to $60k, causing ETHFI to plummet from $2.7 to $1.55. The key question now is whether ETHFI can recover to $2.7 before Bitcoin potentially drops further to $53k. #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments #SOFR_Spike

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🔥 Render Token Faces Increased Selling Pressure:- The recently rebranded Render (RENDER) token has been oscillating within a defined price range since early July. Although the broader market has seen an upward trend, Render has faced diminished demand, potentially threatening its support levels. The token’s price has been confined within a horizontal channel, defined by resistance at $7.20 and support at $5.70. This price movement reflects a balance between buying and selling pressures. However, recent data indicates an upsurge in selling pressure, which may push the price below these established support levels. 🔸 Why Is Render Token Struggling? Market data from IntoTheBlock shows a significant decline in the number of daily active and new addresses for Render last week. Specifically, there has been an 84% drop in unique addresses transacting with the token and a 77% decrease in new addresses created for altcoin transactions. This trend indicates a broader decline in market interest and may contribute to negative sentiment surrounding the token’s price. Additionally, whale investors, who hold more than 0.1% of the asset, have also shown caution. The net flow of tokens among these large investors has plummeted by 99%, suggesting that they are offloading their holdings. This increased selling activity among major holders further compounds the downward pressure on RENDER’s price. 🔸 What’s Next for Render Token? Should the current selling pressure persist, RENDER’s price is likely to test its support level and may even fall below it. According to chart analyses, the price could drop to around $5.66 if the selling continues without a counterbalancing increase in buying activity. Conversely, if the token sees a resurgence in demand and accumulation, it could rebound and aim for $7.45, surpassing its current resistance. Follow for more updates and info. Always DYOR. $RENDER #RENDER

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