BLEEDING
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#HotTrends #DEFI #BLEEDING
Defi coins are all seems bleeding #BAKE $BAKE lost 30% but i will not sale....
only way is to #HODL the rope until you reach the peek....
Defi coins are all seems bleeding #BAKE $BAKE lost 30% but i will not sale....
only way is to #HODL the rope until you reach the peek....
Has the BTC Bull-Run Annulled Amidst the Continuous Drawdown in the Market
The king-the $BTC has crashed once again after a quick manipulation during the #CPI_DATA release. This has once again created fear in the market. Retailers are moving out predicting the end of 2024 bull run. But is it for real? Will $BTC not move up this time? These narratives are building up due to fear and consolidating condition in the market, however the reality is different.
$BTC Chart is showing the real scenario. The macro situation on charts look bullish. For now BTC is heading towards the liquidity grab at $68,422. The chances are real that it will move up afterwards. This low liquidity was pending long time ago, so for a stable market move is it necessary for BTC to grab it first and then move upwards.
Furthermore, BTC is also showing bullish divergence that’s another indicator of upward movement. Stakes are pretty high that after grabbing the long pending liquidity BTC will move towards the moon.
Lastly, it’s not logical to say that BTC will not show bull run this time as 60k is the electricity cost of the bitcoin. so don’t loose heart because the rally upwards is near.
Till then, stay strong, stay sticked 💰!
#CPIAlert #BTC #BTC #BullRunAhead #BLEEDING
$BTC Chart is showing the real scenario. The macro situation on charts look bullish. For now BTC is heading towards the liquidity grab at $68,422. The chances are real that it will move up afterwards. This low liquidity was pending long time ago, so for a stable market move is it necessary for BTC to grab it first and then move upwards.
Furthermore, BTC is also showing bullish divergence that’s another indicator of upward movement. Stakes are pretty high that after grabbing the long pending liquidity BTC will move towards the moon.
Lastly, it’s not logical to say that BTC will not show bull run this time as 60k is the electricity cost of the bitcoin. so don’t loose heart because the rally upwards is near.
Till then, stay strong, stay sticked 💰!
#CPIAlert #BTC #BTC #BullRunAhead #BLEEDING
Why #BLEEDING ALTs 👇
The reasons behind the recent altcoin dumping can be summarized as follows:
Lack of #Narratives : Previously, altcoins pumped due to specific narratives like memecoins or RWA coins supported by BlackRock. Currently, there's no compelling new narrative driving liquidity into altcoins.
#ETHETFS Trading Delay: Although an $ETH ETF was approved a month ago, trading hasn't started yet. This delay has shifted market sentiment away from altcoins, as their rally often correlates with Ethereum's performance.
Excessive #Greedy : There's been a surge in speculative behavior, with celebrities launching memecoins and retail investors flaunting their gains. This level of greed historically precedes market corrections.
The recovery of #Altcoins" is now heavily reliant on Ethereum. If the ETH ETF successfully attracts significant inflows similar to $BTC , it could trigger the next altseason. Institutional interest in other altcoins could then create new narratives for recovery.
In conclusion, while many alts are currently oversold, historically, buying during such fear-driven dips has been profitable once new positive narratives and catalysts emerge in the market.
Thanks for Reading.
The reasons behind the recent altcoin dumping can be summarized as follows:
Lack of #Narratives : Previously, altcoins pumped due to specific narratives like memecoins or RWA coins supported by BlackRock. Currently, there's no compelling new narrative driving liquidity into altcoins.
#ETHETFS Trading Delay: Although an $ETH ETF was approved a month ago, trading hasn't started yet. This delay has shifted market sentiment away from altcoins, as their rally often correlates with Ethereum's performance.
Excessive #Greedy : There's been a surge in speculative behavior, with celebrities launching memecoins and retail investors flaunting their gains. This level of greed historically precedes market corrections.
The recovery of #Altcoins" is now heavily reliant on Ethereum. If the ETH ETF successfully attracts significant inflows similar to $BTC , it could trigger the next altseason. Institutional interest in other altcoins could then create new narratives for recovery.
In conclusion, while many alts are currently oversold, historically, buying during such fear-driven dips has been profitable once new positive narratives and catalysts emerge in the market.
Thanks for Reading.