🚨 $RARE Token Alert: High Risk of Liquidation & Negative Funding Fee 🚨
**Token Analysis:**
- **Current Market Situation**: Rare token is experiencing a significant negative funding fee, indicating that there are a large number of short traders heavily invested in this position. This has caused the token to liquidate multiple short positions.
- Whale Alert**: Despite the ongoing liquidations, there's a high chance that a whale could enter the market and cause a significant price pump. This could happen suddenly, especially since major liquidations have not yet fully occurred.
- **Risk Advisory**: For traders considering entering this market, caution is advised. The high negative funding fee means that any trader who gets stuck in this position will face not only potential liquidations but also continuous cuts from the funding fees. It’s better to exercise control and avoid rash decisions, especially when there are other opportunities available.
- **Strategic Recommendation**: Stick to your risk management strategies and avoid getting caught up in the volatility without a clear reason or plan. This token’s current state is highly unstable, and only those who are prepared for significant risk should consider trading it.
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Research on BTC Price Action and Trends !! IMPORTANT !! $BTC
1. BTC and the 2020 Halving: In 2020, during the Bitcoin Halving event, BTC maintained a bullish trend and did not fall below its 50-week Moving Average (MA 50) support level. After reaching a high of 64,000, BTC touched its MA(50) at 28,989 and rebounded without breaking below it until December 2021.
2. BTC Price Movement in 2021: After December 2021, BTC broke below the MA(50) on the weekly chart, resulting in a downward trend that led to a low of 16,000.
3. Current Support Levels and 2024-2025 Outlook: For the upcoming 2024-2025 period, it is anticipated that BTC will not drop below the 52,700 range because the MA(50) support level is at 52,771 and is currently rising each week. BTC currently has strong support at 57,499. If BTC breaks below 57,471, there is a chance it could touch the MA(50) again.
4. Bullish Projections for 2024-2025 Halving Season: After potentially touching the MA(50) support, BTC is expected to rise for three consecutive months during the 2024-2025 Halving period. With the ETF approval season in play, projections suggest that BTC could surge from 94,000 to 105,000 during this period.
Disclaimer:These are just my thoughts based on technical analysis. Please conduct your own research before making any investment decisions.
WALKER❤️ ( READ CAREFULLY & TAKE DECISIONS AT YOUR OWN)
Many altcoin charts against BTC are showing promising signs of a potential strong rebound! All eyes are now on Bitcoin to reclaim the $60K level – a crucial bullish confirmation we’re waiting for. Once BTC breaks through, it could spark a broader rally across the market
📈 Key Levels to Watch:
Altcoins poised for major moves if BTC leads the way
Are you ready for the next big move? Stay sharp, and don’t miss out on what could be an explosive trend reversal!
BTC is showing strong resilience and won't dip below $52,700 during the 2024-2025 cycle. Why? Because the MA (50) support level is at $52,771 and it's steadily rising every week, giving BTC a firm foundation. 💪
Currently, Bitcoin has a crucial support at $57,499. If it breaks through $57,471, we could see BTC touching the MA (50) once again before bouncing back. 📉 But here’s the exciting part—after this potential dip, Bitcoin is poised for a 3-month rally leading into the 2024 Halving and ETF approval season. 🚀
With this bullish momentum, BTC is projected to soar between $94,000 and $120,000. This could be a massive opportunity for those ready to ride the wave! 🌊📈( LONG TERM ONLY)
As always, make sure to manage your risk and stay updated with key levels. The next few months could be game-changing for Bitcoin.
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It might be because they’re expecting some selling pressure from PlusToken, which holds 542k ETH ($1.3B).
Also, there’s more potential supply from the U.S. Government, specifically from the Silk Road seized funds, which are 69,370 BTC ($4.37B). Wallet: bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6
I wouldn’t trust this bounce, tbh. Still looks like a dead cat bounce (DCB) into resistance.
Market confirmation received – we are on the verge of altseason ✔️
Another forecast has unfolded as expected - starting with the workweek, the market surged again. But this is just the beginning. Here are a few factors indicating the rally will continue:
▫️ Weakening dominance index: The failure to reach a new high on a lower time frames suggests that altseason is around the corner.
▫️ New transactions to the Tether reserve wallet: I expect at least an additional $2B #USDT to flow in over the next few days.
▫️ #BNB liquidity movements from CZ’s wallet: BSC transactions volume is extremely high, with ~30% of the liquidity transferred to major market makers’ wallets directly from CZ (❗️). With over $4M in transfers, something big is going on behind the scenes.
Since we've received confirmation, I will stick to the strategy - our positions are already in solid profit, and we’re continuing to accumulate altcoin portfolio ahead of the upcoming #altseason . I’m already scouting for a new signal for you.
#AVAXUSDT 🔺 We are currently inside a key range and testing its resistance. After breaking its resistance trend line, it can now be said that it has made a pullback. $AVAX
If a key range break occurs and we successfully cross the barrier of this resistance, we should probably see a significant price increase.
ZIL - ready to develop a new uptrend 📈 $ZIL The coin has spent the last six months under the primary volume profile in the $0.033 to $0.0028 range, and has been in a downtrend during this time.
📊 With a strong impulse, #ZIL broke through both limit resistances on fairly high volumes and has already shown a successful retest of the trendline - the level has now become a mirror support.
Currently, we’re seeing consolidation above the trendline in the context of growing dominance on the higher timeframes. Now, recall my earlier words about altcoins pumping one after another when the oscillator enters a correction phase, and take a look at the lower timeframes.
💁♂️ I believe ZIL will show good momentum, which is why I just added 1.5 #BTC worth of the coin (75% of the volume) to my portfolio at a price of $0.014.
Bitcoin failed to break the upper boundary of the long-term bullish flag, and the price has moved slightly lower.
Note that the price is following the scenario outlined in our previous review – sellers managed to fill the imbalance and even test liquidity to the downside.
📊 At the moment, the price is squeezed between two POIs, which are formed by strong order blocks. Considering the upcoming weekend, we may see #BTC consolidating within this range for couple days.
A short-term dip to around $59,300 is possible, but I don’t expect sellers to sustain a daily close below $60,000. Key levels of support are holding firm.
👨💻 I continue to stick to my forecast – next week will be a week of growth in the market. I've already written about the factors several times. So, I’m using this correction to increase my position in $BTC and $BNB
Israel vs Iran #war has started As a result :> $BTC is dipping S&P 500 is dipping DJI is dipping Gold, Silver & USOil making moves and Gold is sky rocketing United States says Israel will "absolutely retaliate" against Iran.
Based on the recent price action in the 4-hour chart, the NOT coin has reached a crucial support zone around 0.0085 USDT. Price has been in a clear downtrend, forming lower highs and lower lows, but this support area could potentially act as a springboard for the next upward move. 📈
As we can see, a bullish breakout might be expected if the price pushes above the resistance zone near 0.0090 USDT. However, it’s important to keep in mind that the market is currently volatile, so risk management is crucial! Always use stop losses and manage your position sizing to protect yourself from unexpected moves.
Potential Entry: Around 0.4010 USDT We're approaching a key liquidity zone. The chart shows a possible dip into the 0.4010 region, which might present a solid entry for a bounce back. 📊 The red trajectory suggests a rebound, targeting higher levels.
Risk Management First! Before entering this trade, ensure you have a well-calculated stop-loss below the liquidity zone to avoid unnecessary risks. Stick to your plan and avoid over-leveraging. The key to successful trading isn’t just about entry, but managing risk effectively.
Trading Wisdom: Following the crowd often leads to losses. Smart money moves opposite to public sentiment. Stay vigilant, watch the trend markers, and be ready to act when the market shows its hand.