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LC AGENCY
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Write2Win, a write-to-win and-receive rewards event exclusively for Vietnamese creators. 🖋 The exchange will create a discussion topic and give away 50 FDUSD in token vouchers (which can be exchanged for money) to the 3 creators whose posts have the highest interaction each week! ✨ 👉 How to join? Step 1: Follow Binance Vietnam channel on Square Step 2: Share the official announcement post (on Square or any platform) Step 3: Create content. Every week, we will announce a new topic of the week and creators need to create articles or posts that meet the criteria 🗓 Time: June 19, 2024 - July 16, 2024 Don’t miss out on this fantastic opportunity to showcase your content creation skills and win exciting rewards! Join the #Write2Win event, follow the steps, and start creating. Let's see who can generate the most interaction and win prizes! 🏆 ▶️ Details: https://www.binance.com/vi/events/vn-square-incentive #CryptoTradingGuide #Lcagency #Lcademy #BlockchainJob #CryptoJobs
Write2Win, a write-to-win and-receive rewards event exclusively for Vietnamese creators. 🖋
The exchange will create a discussion topic and give away 50 FDUSD in token vouchers (which can be exchanged for money) to the 3 creators whose posts have the highest interaction each week! ✨
👉 How to join?
Step 1: Follow Binance Vietnam channel on Square
Step 2: Share the official announcement post (on Square or any platform)
Step 3: Create content. Every week, we will announce a new topic of the week and creators need to create articles or posts that meet the criteria
🗓 Time: June 19, 2024 - July 16, 2024
Don’t miss out on this fantastic opportunity to showcase your content creation skills and win exciting rewards! Join the #Write2Win event, follow the steps, and start creating. Let's see who can generate the most interaction and win prizes! 🏆

▶️ Details: https://www.binance.com/vi/events/vn-square-incentive
#CryptoTradingGuide
#Lcagency #Lcademy #BlockchainJob #CryptoJobs
$BTC is at a low range (in fact, it's fallen out of the range)... So, all current predictions are just forming a bias. I believe in the Bull 🐂. My plan follows the golden arrow. Currently, on the 1D chart, the RSI is showing a Bullish Divergence. I'm expecting a rebound 📈. If $BTC moves sideways and reclaims 58.8k, we can expect $BTC to pump up to the high range of 7x 🚀. #Lcagency #KOLvietnam
$BTC is at a low range (in fact, it's fallen out of the range)... So, all current predictions are just forming a bias.
I believe in the Bull 🐂. My plan follows the golden arrow. Currently, on the 1D chart, the RSI is showing a Bullish Divergence. I'm expecting a rebound 📈.
If $BTC moves sideways and reclaims 58.8k, we can expect $BTC to pump up to the high range of 7x 🚀.
#Lcagency #KOLvietnam
Uncle $BTC unfortunately fell ill and dropped to the low 40s, guys. ❌ According to data from CoinGlass, over $1 billion has been liquidated in the market in the past 24 hours, with $901 million being LONG positions up to the current time. 🔥 It's cold and hard to breathe, guys. 😵 #Lcagency #Lcademy
Uncle $BTC unfortunately fell ill and dropped to the low 40s, guys. ❌
According to data from CoinGlass, over $1 billion has been liquidated in the market in the past 24 hours, with $901 million being LONG positions up to the current time. 🔥
It's cold and hard to breathe, guys. 😵
#Lcagency #Lcademy
$ZK is the endgame. Technical Analysis: 🐂 📈 D1 - It has exited the previous downtrend, although the upward momentum is not very impressive. However, it has confirmed its exit from the downtrend on the D1 timeframe. The volume is gradually decreasing, so $ZK is likely to experience volatility soon. The expectation is a pump 🚀 H4 - $ZK is correcting downward along with $BTC. On the H4 timeframe, it needs to surpass the 0.1586 zone to return to an uptrend on H4. => If the price rises to 0.1586, wait for a pullback to buy in. Fundamental Analysis: 🐂📈 $ZK is a layer 2 of Ethereum with excellent backers. Comparing Marketcap and FDV with other Layer 2s: $ZK: Mkc: 558m; FDV: 3.2b 👍 $ARB: 2.3b - 6.8b $OP: 1.9b - 7.1b $STRK: 728m - 5b. #Lcagency
$ZK is the endgame.
Technical Analysis: 🐂 📈
D1 - It has exited the previous downtrend, although the upward momentum is not very impressive. However, it has confirmed its exit from the downtrend on the D1 timeframe.
The volume is gradually decreasing, so $ZK is likely to experience volatility soon. The expectation is a pump 🚀
H4 - $ZK is correcting downward along with $BTC. On the H4 timeframe, it needs to surpass the 0.1586 zone to return to an uptrend on H4.
=> If the price rises to 0.1586, wait for a pullback to buy in.
Fundamental Analysis: 🐂📈
$ZK is a layer 2 of Ethereum with excellent backers.
Comparing Marketcap and FDV with other Layer 2s:
$ZK: Mkc: 558m; FDV: 3.2b 👍
$ARB: 2.3b - 6.8b
$OP: 1.9b - 7.1b
$STRK: 728m - 5b.
#Lcagency
It looks like Jump might really be 'dead' 💔 After the news that the CFTC is investigating Jump, the onchain activity of Jump and other market makers has significantly decreased 🙃 Yesterday, JUMP withdrew almost all of their stETH (Staking ETH) to $ETH and deposited it on the exchange... the result was a severe all-market crash last night and this morning 📉 There are many rumors saying Jump is broke and is 'liquidating' before the CFTC officially files a lawsuit. I wonder; what kind of bull-run is this? #Lcagency #Lcademy
It looks like Jump might really be 'dead' 💔
After the news that the CFTC is investigating Jump, the onchain activity of Jump and other market makers has significantly decreased 🙃
Yesterday, JUMP withdrew almost all of their stETH (Staking ETH) to $ETH and deposited it on the exchange... the result was a severe all-market crash last night and this morning 📉
There are many rumors saying Jump is broke and is 'liquidating' before the CFTC officially files a lawsuit.
I wonder; what kind of bull-run is this?
#Lcagency #Lcademy
🇺🇸 U.S. ETF FLOWS ON 08/05/2024 💵 💸 U.S. Bitcoin ETF Flows: -$168.4 million 📉 Grayscale 'Mini' (#BTC): $21.8M Bitwise (#BITB): $2.9M Franklin (#EZBC): $0 Grayscale (#GBTC): -$69.1M ARK (#ARKB): -$69M VanEck (#HODL): $3M Invesco (#BTCW): $0 Fidelity (#FBTC): -$58M WisdomTree (#BTCO): $0 Valkyrie (#BRRR): $0 BlackRock (#IBIT): $0 The second trading session in August saw negative flows. Most investors are fearful due to the relatively strong market crash yesterday. 💰 U.S. Ethereum ETF Flows: $48.8 million 📈 Grayscale 'Mini' (#ETH): $21.8M Fidelity (#FETH): $16.2M BlackRock (#ETHA): $47.1M VanEck (#ETHV): $16.6M Bitwise (#ETHW): $7.2M 21Shares (#CETH): $0 Grayscale (#ETHE): -$46.8M Franklin (#EZET): $0.9M Invesco (#QETH): $0 Despite the widespread panic among investors yesterday, the inflows into Spot Ethereum ETFs still reached $48.8 million. Continuous outflows from Grayscale (#ETHE) have been observed since the ETH ETF officially started trading." ### Translated to English: "🇺🇸 U.S. ETF FLOWS ON 08/05/2024 💵 💸 U.S. Bitcoin ETF Flows: -$168.4 million 📉 Grayscale 'Mini' (#BTC): $21.8M Bitwise (#BITB): $2.9M Franklin (#EZBC): $0 Grayscale (#GBTC): -$69.1M ARK (#ARKB): -$69M VanEck (#HODL): $3M Invesco (#BTCW): $0 Fidelity (#FBTC): -$58M WisdomTree (#BTCO): $0 Valkyrie (#BRRR): $0 BlackRock (#IBIT): $0 The second trading session in August saw negative flows. Most investors are fearful due to the relatively strong market crash yesterday. 💰 U.S. Ethereum ETF Flows: $48.8 million 📈 Grayscale 'Mini' (#ETH): $21.8M Fidelity (#FETH): $16.2M BlackRock (#ETHA): $47.1M VanEck (#ETHV): $16.6M Bitwise (#ETHW): $7.2M 21Shares (#CETH): $0 Grayscale (#ETHE): -$46.8M Franklin (#EZET): $0.9M Invesco (#QETH): $0 Despite the widespread panic among investors yesterday, the inflows into Spot Ethereum ETFs still reached $48.8 million. Continuous outflows from Grayscale (#ETHE) have been observed since the ETH ETF officially started trading. #Lcademy #Lcagency
🇺🇸 U.S. ETF FLOWS ON 08/05/2024 💵
💸 U.S. Bitcoin ETF Flows: -$168.4 million 📉
Grayscale 'Mini' (#BTC): $21.8M
Bitwise (#BITB): $2.9M
Franklin (#EZBC): $0
Grayscale (#GBTC): -$69.1M
ARK (#ARKB): -$69M
VanEck (#HODL): $3M
Invesco (#BTCW): $0
Fidelity (#FBTC): -$58M
WisdomTree (#BTCO): $0
Valkyrie (#BRRR): $0
BlackRock (#IBIT): $0
The second trading session in August saw negative flows. Most investors are fearful due to the relatively strong market crash yesterday.
💰 U.S. Ethereum ETF Flows: $48.8 million 📈
Grayscale 'Mini' (#ETH): $21.8M
Fidelity (#FETH): $16.2M
BlackRock (#ETHA): $47.1M
VanEck (#ETHV): $16.6M
Bitwise (#ETHW): $7.2M
21Shares (#CETH): $0
Grayscale (#ETHE): -$46.8M
Franklin (#EZET): $0.9M
Invesco (#QETH): $0
Despite the widespread panic among investors yesterday, the inflows into Spot Ethereum ETFs still reached $48.8 million.
Continuous outflows from Grayscale (#ETHE) have been observed since the ETH ETF officially started trading."
### Translated to English:
"🇺🇸 U.S. ETF FLOWS ON 08/05/2024 💵
💸 U.S. Bitcoin ETF Flows: -$168.4 million 📉
Grayscale 'Mini' (#BTC): $21.8M
Bitwise (#BITB): $2.9M
Franklin (#EZBC): $0
Grayscale (#GBTC): -$69.1M
ARK (#ARKB): -$69M
VanEck (#HODL): $3M
Invesco (#BTCW): $0
Fidelity (#FBTC): -$58M
WisdomTree (#BTCO): $0
Valkyrie (#BRRR): $0
BlackRock (#IBIT): $0
The second trading session in August saw negative flows. Most investors are fearful due to the relatively strong market crash yesterday.
💰 U.S. Ethereum ETF Flows: $48.8 million 📈
Grayscale 'Mini' (#ETH): $21.8M
Fidelity (#FETH): $16.2M
BlackRock (#ETHA): $47.1M
VanEck (#ETHV): $16.6M
Bitwise (#ETHW): $7.2M
21Shares (#CETH): $0
Grayscale (#ETHE): -$46.8M
Franklin (#EZET): $0.9M
Invesco (#QETH): $0
Despite the widespread panic among investors yesterday, the inflows into Spot Ethereum ETFs still reached $48.8 million.
Continuous outflows from Grayscale (#ETHE) have been observed since the ETH ETF officially started trading.
#Lcademy #Lcagency
Bitcoin has had a significant recovery after dropping to the low 40s yesterday. Currently, it is trading at 55,760 USD. 👍 The Fear & Greed Index has dropped to 17 today (EXTREME FEAR), the lowest level in a year. The crowd has already panic-sold, and there has been quite a lot of FUD. 😵 Anyone still holding fiat or stablecoins can consider picking up some assets and gradually entering the market (personal opinion). 😁 What do you think about the future of Bitcoin in particular and the entire crypto market in general? Share your views, everyone. 🤔 #Lcagency #Lcademy
Bitcoin has had a significant recovery after dropping to the low 40s yesterday. Currently, it is trading at 55,760 USD. 👍
The Fear & Greed Index has dropped to 17 today (EXTREME FEAR), the lowest level in a year. The crowd has already panic-sold, and there has been quite a lot of FUD. 😵
Anyone still holding fiat or stablecoins can consider picking up some assets and gradually entering the market (personal opinion). 😁
What do you think about the future of Bitcoin in particular and the entire crypto market in general? Share your views, everyone. 🤔
#Lcagency #Lcademy
🚨 All 11 Bitcoin Spot ETFs have officially been approved by the SEC for options trading on the New York Stock Exchange (NYSE) and CBOE. This is likely to be a positive signal for the market, as the biggest hurdle, the SEC, has been cleared. However, there is still no official information regarding the listing yet, and I will continuously update with the latest news here. #Lcademy #Lcagency #vietnamkol
🚨 All 11 Bitcoin Spot ETFs have officially been approved by the SEC for options trading on the New York Stock Exchange (NYSE) and CBOE. This is likely to be a positive signal for the market, as the biggest hurdle, the SEC, has been cleared. However, there is still no official information regarding the listing yet, and I will continuously update with the latest news here.
#Lcademy #Lcagency #vietnamkol
Potential of WLD I just checked the charts of some AI-related tokens, and Worldcoin’s accumulation looks great, very likely to pump! The Worldcoin chart has broken out of its downtrend after more than two months of sideways movement within an extremely narrow range and very low volume. This shows that the whales are definitely accumulating. And now that they’ve finished accumulating, how will they take profit without pushing the price up for liquidity? According to the daily chart, Worldcoin just needs to break through the price resistance to confirm the strong upward trend of wave C1, which is the whale’s push wave. Our job now is to accumulate within this price range, between price and price, and then take profits at the peak of 9.4812. This way, we can easily multiply our accounts by x times. If we hold tight, we could potentially 10x our accounts. This chart is currently the strongest in crypto, mainly because it belongs to the AI sector. Earlier in October, OpenAI raised an additional $6.6 billion, bringing its valuation to a staggering $157 billion. And the CEO of OpenAI, Sam Altman, is an angel investor in Worldcoin. So, if you’re not buying Worldcoin, then what are you buying? Not to mention, Worldcoin’s current market cap is only around $650 million, which is extremely low compared to its potential. This season, aside from $BTC, AI and memes will be the sectors attracting the most capital. Want me to share some top AI or meme coins? Let me know if you need any adjustments! #Lcademy #Lcagency #vietnamkol
Potential of WLD

I just checked the charts of some AI-related tokens, and Worldcoin’s accumulation looks great, very likely to pump!

The Worldcoin chart has broken out of its downtrend after more than two months of sideways movement within an extremely narrow range and very low volume. This shows that the whales are definitely accumulating. And now that they’ve finished accumulating, how will they take profit without pushing the price up for liquidity? According to the daily chart, Worldcoin just needs to break through the price resistance to confirm the strong upward trend of wave C1, which is the whale’s push wave. Our job now is to accumulate within this price range, between price and price, and then take profits at the peak of 9.4812. This way, we can easily multiply our accounts by x times. If we hold tight, we could potentially 10x our accounts.

This chart is currently the strongest in crypto, mainly because it belongs to the AI sector. Earlier in October, OpenAI raised an additional $6.6 billion, bringing its valuation to a staggering $157 billion. And the CEO of OpenAI, Sam Altman, is an angel investor in Worldcoin. So, if you’re not buying Worldcoin, then what are you buying? Not to mention, Worldcoin’s current market cap is only around $650 million, which is extremely low compared to its potential.

This season, aside from $BTC, AI and memes will be the sectors attracting the most capital. Want me to share some top AI or meme coins?

Let me know if you need any adjustments!
#Lcademy #Lcagency #vietnamkol
Bitcoin spot ETF has recorded positive inflows for 4 consecutive days 📈 Yesterday, 129.45 million USD flowed into the $BTC spot ETF. No fund sold out, and Fidelity was the biggest buyer, with 65 million USD recorded 🚀 No smart fund is bearish at the range low within the price range. You shouldn't be either 💪 #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Bitcoin spot ETF has recorded positive inflows for 4 consecutive days 📈
Yesterday, 129.45 million USD flowed into the $BTC spot ETF. No fund sold out, and Fidelity was the biggest buyer, with 65 million USD recorded 🚀
No smart fund is bearish at the range low within the price range. You shouldn't be either 💪

#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
💰 The trading session on July 23rd marked the end of a 12-day positive streak for BTC spot ETFs. - BlackRock (IBIT): +$71.9M - Bitwise (BITB): -$70.3M - ARK (ARKB): -$52.3M - Grayscale (GBTC): -$27.3M - Fidelity (FBTC): 0.0 - VanEck (HODL): 0.0 - Valkyrie (BRRR): 0.0 - WisdomTree (BTCW): 0.0 - Franklin (EZBC): 0.0 - Invesco (BTCO): 0.0 TOTAL: -$78M 🔤 Meanwhile, the first trading session for $ETH Spot ETFs has confirmed a positive inflow of $106.6M - BlackRock (ETHA): +$266.5M - Bitwise (ETHW): +$204.0M - Fidelity (FETH): +$71.3M - Grayscale Mini (ETH): +$15.1M - Franklin (EZET): +$13.2M - VanEck (ETHV): +$7.6M - 21Shares (CETH): +$7.5M - Invesco (QETH): +$5.5M - Grayscale (ETHE): -$484.1M TOTAL: +$106.6M From today onwards, $BTC might begin a correction phase after the recent 10k surge, making room for $ETH. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
💰 The trading session on July 23rd marked the end of a 12-day positive streak for BTC spot ETFs.
- BlackRock (IBIT): +$71.9M
- Bitwise (BITB): -$70.3M
- ARK (ARKB): -$52.3M
- Grayscale (GBTC): -$27.3M
- Fidelity (FBTC): 0.0
- VanEck (HODL): 0.0
- Valkyrie (BRRR): 0.0
- WisdomTree (BTCW): 0.0
- Franklin (EZBC): 0.0
- Invesco (BTCO): 0.0
TOTAL: -$78M
🔤 Meanwhile, the first trading session for $ETH Spot ETFs has confirmed a positive inflow of $106.6M
- BlackRock (ETHA): +$266.5M
- Bitwise (ETHW): +$204.0M
- Fidelity (FETH): +$71.3M
- Grayscale Mini (ETH): +$15.1M
- Franklin (EZET): +$13.2M
- VanEck (ETHV): +$7.6M
- 21Shares (CETH): +$7.5M
- Invesco (QETH): +$5.5M
- Grayscale (ETHE): -$484.1M
TOTAL: +$106.6M
From today onwards, $BTC might begin a correction phase after the recent 10k surge, making room for $ETH.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
If we believe in cycles, then July will be a month of growth. Many comparisons show that this period in 2024 is very similar to the end of 2020. This means that the cyclical pattern is still being maintained (even though $BTC is in an uptrend about 3 months earlier than expected). $BTC has been sideways for nearly 4 months now. Break-out soon 🙏 --- #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
If we believe in cycles, then July will be a month of growth.
Many comparisons show that this period in 2024 is very similar to the end of 2020. This means that the cyclical pattern is still being maintained (even though $BTC is in an uptrend about 3 months earlier than expected).
$BTC has been sideways for nearly 4 months now. Break-out soon 🙏
---
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
🌝 WAS THE MASTERMIND BEHIND THE TERRA BLOCKCHAIN HACK VIETNAMESE? 🤔 According to CoinDesk, yesterday at noon Vietnam time, dEaDcHaIN Terra LUNA was lightly looted by hackers for over 4 million USD, including $ASTRO, $USDC, $USDT, and $BTC tokens. 💻 Sources suggest that the mastermind behind this hack is a guy named Phạm Anh Tuấn, who studied at FPT Greenwich and PTIT, and is currently a developer at a blockchain company. 😨 However, leaving so many traces and information after the hack might make it hard to enjoy the stolen money. He might not even eat or sleep well! 🤣 #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
🌝 WAS THE MASTERMIND BEHIND THE TERRA BLOCKCHAIN HACK VIETNAMESE? 🤔
According to CoinDesk, yesterday at noon Vietnam time, dEaDcHaIN Terra LUNA was lightly looted by hackers for over 4 million USD, including $ASTRO, $USDC, $USDT, and $BTC tokens. 💻
Sources suggest that the mastermind behind this hack is a guy named Phạm Anh Tuấn, who studied at FPT Greenwich and PTIT, and is currently a developer at a blockchain company. 😨
However, leaving so many traces and information after the hack might make it hard to enjoy the stolen money. He might not even eat or sleep well! 🤣
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
The PCE index is coming out tonight; I wonder where $BTC will go 🔥 To be honest, analyzing macroeconomic indicators at the moment is mainly about whether the bias is bullish or bearish. For example, if the sentiment is bullish 💪: - PCE index decreases => FED will lower interest rates soon => asset classes rise. - PCE index increases => inflation is not good => currency devalues => hold safe assets (asset classes rise). For example, if the sentiment is bearish 👎: - PCE index decreases => inflation decreases, meaning the currency does not devalue => cash is king => cash-out. - PCE index increases => currency devalues => FED continues to maintain high-interest rates => market crash 😂 Therefore, it's all about what the media wants to convey to you. #Lcagency #BlockchainJob #CryptoJob #KOLcrypto
The PCE index is coming out tonight; I wonder where $BTC will go 🔥
To be honest, analyzing macroeconomic indicators at the moment is mainly about whether the bias is bullish or bearish.
For example, if the sentiment is bullish 💪:
- PCE index decreases => FED will lower interest rates soon => asset classes rise.
- PCE index increases => inflation is not good => currency devalues => hold safe assets (asset classes rise).
For example, if the sentiment is bearish 👎:
- PCE index decreases => inflation decreases, meaning the currency does not devalue => cash is king => cash-out.
- PCE index increases => currency devalues => FED continues to maintain high-interest rates => market crash 😂
Therefore, it's all about what the media wants to convey to you.
#Lcagency #BlockchainJob #CryptoJob #KOLcrypto
Last night, I dreamed about making x125 leverage trades on Binance, and this morning, I woke up to a gift from #Binance . Looks like the dream is about to become a reality 😆😆😆. Our team has both traders and ref runners. We train new traders in this market from A to Z and train BD folks from A to Á 😆. When it comes to tools, we support you from A to X, but for Y and Z, you'll have to join us for a wild night out to get the info 😆. Thank you, Binance Vietnam, for sponsoring Eira's travels around the world 🥰🥰🥰. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Last night, I dreamed about making x125 leverage trades on Binance, and this morning, I woke up to a gift from #Binance . Looks like the dream is about to become a reality 😆😆😆. Our team has both traders and ref runners. We train new traders in this market from A to Z and train BD folks from A to Á 😆.
When it comes to tools, we support you from A to X, but for Y and Z, you'll have to join us for a wild night out to get the info 😆.
Thank you, Binance Vietnam, for sponsoring Eira's travels around the world 🥰🥰🥰.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Did Germany 🇩🇪 lose money organizing the EURO, so they have to sell "assets" to cover the national team expenses? The German government just put 1,500 Bitcoins on the market... probably to sell. --- #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Did Germany 🇩🇪 lose money organizing the EURO, so they have to sell "assets" to cover the national team expenses?
The German government just put 1,500 Bitcoins on the market... probably to sell.
---
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
**End of the Bull Run in Fear?** The current price action of $BTC is quite similar to the period from August to October 2023. The price is below the 200-day EMA, and the weekly candles are closing poorly. Last year, the Fear and Greed Index also dropped to the 30s - indicating Fear. Currently, this index is even worse, only reaching the 20s. Browsing through X (Twitter), I see a lot of views predicting a drop to the 50-40 range. This indicates that retail investors are truly scared and cautious now, with no more frenzied bull runs. My plan is to wait for an opportunity and dive in when the market starts to rise again. A $BTC trade above 58.5k is a positive sign, and if $BTC returns to the 65k mark, it will confirm the upward trend. I won't be bearish here. #Lcagency #BlockchainJob #CryptoJob #KOLcrypto
**End of the Bull Run in Fear?**
The current price action of $BTC is quite similar to the period from August to October 2023. The price is below the 200-day EMA, and the weekly candles are closing poorly.
Last year, the Fear and Greed Index also dropped to the 30s - indicating Fear. Currently, this index is even worse, only reaching the 20s.
Browsing through X (Twitter), I see a lot of views predicting a drop to the 50-40 range. This indicates that retail investors are truly scared and cautious now, with no more frenzied bull runs.
My plan is to wait for an opportunity and dive in when the market starts to rise again. A $BTC trade above 58.5k is a positive sign, and if $BTC returns to the 65k mark, it will confirm the upward trend.
I won't be bearish here.
#Lcagency #BlockchainJob #CryptoJob #KOLcrypto
There is some information on X that FTX will return money to users next month. The total amount is about 16 billion USD in cash (FTX will return cash, not crypto; the value is based on the price when $BTC was 16k...). Therefore: 👉 FTX returns cash => there is no selling pressure on any coin. 👉 Addicts tend to relapse, so if users get 16 billion USD back, they are likely to deposit it into Binance, Okx, or Coinbase, etc. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
There is some information on X that FTX will return money to users next month. The total amount is about 16 billion USD in cash (FTX will return cash, not crypto; the value is based on the price when $BTC was 16k...).
Therefore:
👉 FTX returns cash => there is no selling pressure on any coin.
👉 Addicts tend to relapse, so if users get 16 billion USD back, they are likely to deposit it into Binance, Okx, or Coinbase, etc.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
$AVAX dropped ~8% due to a sell-off of 2 million $AVAX - 54.2 million USD. According to CoinMarketCap, it takes about 1 million USD to decrease $AVAX by 2%. In reality, 54.2 million USD only reduced the price of $AVAX by about 10%. => Is there buying pressure? Case study on Liquidity. Edited: corrected due to a misreading P/S 01: 1 million USD will reduce the price by 2% on Binance only, but across all exchanges, it would require more. However, the mechanism is that if one exchange's price drops, other exchanges will have market makers selling at the same price. Continue to observe this case to see what happens. #Lcademy #Lcagency #BlockchainJob #Crypto_Jobs🎯 #KOLcrypto
$AVAX dropped ~8% due to a sell-off of 2 million $AVAX - 54.2 million USD.
According to CoinMarketCap, it takes about 1 million USD to decrease $AVAX by 2%. In reality, 54.2 million USD only reduced the price of $AVAX by about 10%.
=> Is there buying pressure?
Case study on Liquidity.
Edited: corrected due to a misreading
P/S 01: 1 million USD will reduce the price by 2% on Binance only, but across all exchanges, it would require more. However, the mechanism is that if one exchange's price drops, other exchanges will have market makers selling at the same price. Continue to observe this case to see what happens.

#Lcademy #Lcagency #BlockchainJob #Crypto_Jobs🎯 #KOLcrypto
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