After the whales set a record of 100,000 USD in Bitcoin, a large number of retail investors began to enter the market to go long. This means that whales can quickly exit and let retail investors take over. The cryptocurrency market is different from the stock market; when the crypto market turns bullish, it's essential to set a take-profit point and start reducing positions. Conversely, in a continuing bearish situation, when everyone's mentality is fearful, that is when whales enter to go long. Be cautious in operations before 1/20; spot trading replaces futures!
#doge⚡ #shina #PEPE #WIF Meme coins are a type of cryptocurrency created based on internet memes or internet culture. They typically attract people's attention in a humorous, satirical, or entertaining manner, and do not have clear utility or strong technical foundations. The price fluctuations of meme coins are usually significant, primarily relying on community enthusiasm and market speculation rather than actual use or intrinsic value.
$WIF The 15-minute MACD has finally crossed above during a significant drop; the stronger the drop, the stronger the rebound. Keep it up, crypto friends!
The peak of the Ethereum bull market in 2019, compared to the peak of the bull market in 2021, had an increase of up to 230 %
So if we look at it with a proportional increase, the estimated peak for this bull market for Ethereum would be between 15,000 and 16,000, but let's not be too optimistic; if we consider an increase of 125 %, it would also be close to 12,000.
In the cryptocurrency space, a "whale" refers to an individual or entity that holds a large amount of cryptocurrency, typically able to significantly impact market prices. These "whales" are named as such because their "volume" in the market is very large, just like whales in the ocean are very conspicuous.