P2P ‼️ Is there an alternative? Are there any problems? How long have you been using it? How do I use it? Follow me at the moment there is no real alternative to the P2P market. Even the recently popular cards are not a real alternative to P2P for several reasons. 1- High fees. 2- High exchange rate. 3- It has a daily and monthly withdrawal limit. The main purpose of these cards is to buy coffee and pay a restaurant bill, but you cannot withdraw your money from the market with them, so the P2P market has no alternative at the moment, but the problem of freezing accounts is very serious and its reason is clear.
Today: From 4:30 pm to 8 pm We have market-moving events. We may get strong fluctuations during this period. The most important of these events is President Trump's speech
Tomorrow: At 6 am, there is the interest rate decision issued by the Japanese Central Bank
Bad reaction for Bitcoin after the first opening of the US market under Trump
From it:
Yesterday's analysis is still valid
I do not recommend building new buying centers or strengthening, and I prefer to wait The 99400 level must be maintained as a sign of goodwill from Bitcoin towards buyers at least during this period
Copied from sister Limar
Crypto_Morocco
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Bitcoin
Instant update Despite the high volatility, it is still trading above the 99400 level. People who are entering the market, despite the bad situation, unfortunately, especially for currencies, but maintaining the 99400 level calls for optimism Those outside the market prefer to wait a little until the fever of the news of Trump's inauguration goes away and also to see what the daily candle will look like after closing But in general, maintaining the 99400 level is somewhat reassuring It is forbidden to close at least 4 hours below 99400 ❌️
Instant update Despite the high volatility, it is still trading above the 99400 level. People who are entering the market, despite the bad situation, unfortunately, especially for currencies, but maintaining the 99400 level calls for optimism Those outside the market prefer to wait a little until the fever of the news of Trump's inauguration goes away and also to see what the daily candle will look like after closing But in general, maintaining the 99400 level is somewhat reassuring It is forbidden to close at least 4 hours below 99400 ❌️
The market is priced as if Trump has been installed as president, so don't rule out a decline after his official inauguration.
What happened to the market this week is literally crazy, but unfortunately the currencies are basically suffering from Bitcoin's takeover, and now Trump's currency has come and withdrawn huge liquidity that has negatively affected the rest of the currencies, except for Sol, and the reason is known.
💡 The price of the currencies is almost equal to their price 10 days ago, and perhaps some of them have fallen more. There is no justification for rushing or entering the market.
A few hours ago, President Trump launched a currency called $TRUMP On the SOLANA network I think with this move we can officially say that SOL will outperform Ethereum. This is the biggest and strongest announcement that the SOL currency has received Therefore, the SOL currency, any future correction, the first currency you think of buying is SOL, especially those with large capital and who want their investment to be semi-safe
As for the Trump currency, its current price is 18$ , and it reached a market cap of $3.5 billion Of course, it is not advice to buy now after this rise The first goal of this post is 👈 SOL
Bitcoin After the release of the inflation data results, there was an excellent rebound for Bitcoin
Now for everyone outside the market, the current area of 99000 - 101600 is considered a resistance area and it is logical not to build purchase deals in resistance areas
The best and least risky area to buy is the area of 94400 - 92600
I mentioned in a previous analysis, do not be surprised if there was manipulation and expulsion in January, and this is what we started with this manipulation
Of course, if you cannot control yourself and do not wait for a correction or the like and want to buy no matter the price, buy large currencies such as sol - eth - ton
If these currencies correct, their losses are acceptable and can be compensated, and if there is an increase, they also give you some gains
I use this type of purchase if the market is not clear as required
👆 Summary of the analysis 📑 🔴 99000 - 101600 is a resistance area for correction or decline, breaking 103k cancels this resistance
🟢 94400 - 92600 is a support area that can be rebounded or risen from, and it is the best and least risky area for buying, the rebound from it is canceled by breaking 89k
This data is considered the most important this week
As I mentioned previously, we have a week of volatility in which it will be at its most intense
Copied from Ms. Limar
Crypto_Morocco
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We have a week full of important economic news From today until Trump's inauguration in 6 days, I think the fluctuation will be very strong We give the chart time or a chance before rushing to make decisions In general, the return above 96k is good. We need some time to see the price's reaction to today's news starting at 4 pm
We have a week full of important economic news From today until Trump's inauguration in 6 days, I think the fluctuation will be very strong We give the chart time or a chance before rushing to make decisions In general, the return above 96k is good. We need some time to see the price's reaction to today's news starting at 4 pm
Ethereum $ETH Now after the rise in acquisition, Ethereum can be used as an indicator to choose the best areas to buy from it or from other currencies Ethereum has a model targeting the 2600 - 2450 area From this area, if it reaches it, I think it will be a suitable area to buy
Good morning God willing, until about five o'clock in the evening, we will follow the market reaction with the opening of the markets, and then we will make a comprehensive update of all the recommendations that were presented and take the necessary measures Bitcoin is still good, but its acquisition has affected the currencies strongly, and on the other hand, the acquisition of Ripple may not have noticed the impact of Ripple since the day the other currencies began to rise, their movement was affected and became slow and affected by corrections
In previous cycles, the best month for Bitcoin and it moves strongly is February (next) As for January (current), Bitcoin's performance is average or less And now Bitcoin's movement is similar to the movement last year, Last year we came out of January with a modest rise of 0.62% And then came the explosion in February by 43%
The result: If this month was boring or there was some boredom and manipulation, do not be surprised or surprised, so what is required of us as traders is to control ourselves, and what is also required of Bitcoin is to maintain the main levels such as 90500 so that we can find a satisfactory result for us next month, God willing