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

🇺🇸 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

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

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

🌝 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

PTKT $BTC 3/6

▫️$BTC is relatively straightforward, still trading within the range of 58.9 - 73.8.

▫️The 58.9k bottom has been swept, so the next liquidity draw level could be at 74k. Therefore, I'd only look for Long positions up to 74k.

▫️Upon reaching that level, observation is crucial.
If the red plan plays out, meaning $BTC creates a fake breakout and returns to range trading, then there's a high chance of $BTC dropping to 50k => making an altcoin season unlikely!

▫️Expectations remain on the green plan, with $BTC holding above the 75-80 range for a few days before further increases => Altcoin season begins.

#Lcagency #BlockchainJob #CryptoJob #KOLcrypto

PTKT #OTHERS 3/6/24
IN THE LAST 6 MONTHS OF THE YEAR, ALTCOINS WILL SOAR 🚀

▫️On large timeframes like the weekly chart; the daily chart still shows an upward trend with a beautiful structure. Higher highs and higher lows consistently above key EMA lines.

▫️The current phase resembles that of August 2020 - October 2020. The price is above EMA lines and gearing up for a Parabolic rise.

▫️Altcoins usually soar when the crowd has seen Bitcoin surge (Bitcoin has surged and hit ATH) while meme coins attract newcomers to the market (Memes are increasingly prevalent and surging). Combined with BTC.D reaching 57%, I believe most Altcoins are currently in accumulation and awaiting strong signals for a Pump 🚀

Currently, meme coins and older coins are experiencing stronger gains/recoveries compared to newer coins or those with solid technological foundations. Much FUD is being spread about these groups of coins. Such as significant initial distributions, developers collaborating with VCs to buy tokens at low prices to dump on holders, etc. I advise everyone to stay vigilant and not to lose their holdings.

#Lcagency #BlockchainJob #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

"Overvalued, overvalued, overvalued 😂
My newsfeed is flooded with bearish posts, saying this project and that project are being priced too high.
$STRK, $ARB, $OP - layer 2
$SUI, $APT, $TIA - layer 2
All are around ~7b market cap, meaning 5-7 times the private round valuations of Tier 1 VCs.
Solana also once received severe criticism from Eastern Laos and international CT. From 5u down to nearly 1u, then back up to 3u => The entire community cursed it as overvalued.
The story after that, everyone has seen. $sol, $near, $ftm, $avax, $luna, and dozens of other L1, L2 tokens all went to the moon.
Developers, MM, VCs of any project all want to dump. But to dump, there must be liquidity. To have liquidity, there must be marketing. And there's no better marketing method for a project than pumping.
$NEO, $XLM, $XRP
$ETH, $SOL, $DOT, $AVAX
$TIA, $SEI, $SUI, $APT
want more examples?"

#Lcagency #Lcademy #blockchainvietnam #CryptoJob #KOLcrypto

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

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

$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

**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

$BTC is currently at the range low, with an H4 sweep bottom creating a bullish RSI divergence.
Currently, the market is a brutal PvP environment. Experienced traders vs. experienced traders vs. VCs vs. devs vs. MM teams. If you're not confident you're in the top 5%, it's best to stay on the sidelines and observe. It's not too late to jump in once the uptrend/downtrend is confirmed.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto

$BTC closed the weekly candle with a Pinbar at the range-low; an important "support" area 🙏
The weekly structure of $BTC is bullish 🚀. The fact that the price couldn't drop below 60k and quickly bounced back to the 62k-63k area shows there is buying pressure at the range-low within the 56.5k - 74.3k price range 💪
$BTC has been trading in this range for 4 months. Therefore, I expect a breakout in July (upside).
Regarding the daily timeframe, $BTC is just moving sideways within the price range. The price moves from range low to range high and back again. There is no specific trend. The optimism comes from the smaller timeframes, H4-H1.

#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

Maybe this is the reason why it couldn't break through the 70k mark. The U.S. government has just moved $2 billion worth of Bitcoin to a new wallet. Is the U.S. out of money to fund weapons again?
#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

$BTC reclaiming 59k; expecting a pump to the high range zone of 70k.
Currently, I see this as a “technical rebound” after the previous downtrend, supported by the RSI divergence on the daily chart (as noted last week). This “technical rebound” will turn into a true uptrend if $BTC surpasses 64.5k, confirming the bullish trend for Bitcoin.
I firmly believe we are in a bull market, and these corrections are just shaking out weak hands before a massive pump. Altcoins have tanked quite a bit, so I expect them to move sideways and accumulate in the near future, while $BTC pumping makes sense.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto