Whant do you see? Dropping in interest short turning longs | LamboChop on Binance Square

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Whant do you see? 

Dropping in interest short turning longs 

-LONG SQEEZE?

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Extreme greed on currently on crypto market with memecoin search trends breaking highs and 24h liquidation is targeting long positions dca Exchange will get their money anyway

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ETH PAST PERFORMANCE COULD LEAD US INTO LANDS OF Despite the recent performance of $ETH H and $BTC TC, it's important to maintain a long-term perspective in the crypto market. While some may be calling for a #memescoin supercycle, it's crucial to remember that market noise and greed can lead to short-term volatility. As we approach Thanksgiving, it's likely that many will reflect on their portfolio performance. A short-term market data and sentiment reset could provide valuable exit liquidity before any major rotation. It's also worth noting that $SOL has been a standout player in the crypto ecosystem. Keeping a keen eye on market trends and maintaining a diversified portfolio remains essential. Let's continue to monitor the situation with a level-headed approach. #crypto #marketanalysis

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$BTC Bitcoin's Strength Post-Halving: What to Expect Next Bitcoin has displayed remarkable strength in the days following the halving, 200 days mark. Historically, the cycle top for Bitcoin has occurred at around 500+ days post-halving. Interestingly, the current cycle seems to mirror the post-halving trend of 2017, showing no major retracement but rather a pattern of short squeezes. Bitcoin dominance at61.9%, Based on my own analysis, I predict that Bitcoin's dominance could reach the range of 63-64%. This suggests that we may see continued upward momentum for Bitcoin in the near future. 🧡

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#Ethereum 's Potential Ascent to $26,000 Since the 2020 Presidential election, #Ethereum ($ETH ETH) has gained prominence in the cryptocurrency world. Rising from over $300 to a peak of $4,878, it has attracted significant investor interest. A major area fueling optimism is the increased adoption of Layer 2 solutions, especially by farmers, which is boosting demand for deflationary $ETH Ethereum's past performance has inspired confidence in its future prospects. Given current market conditions and ongoing developments, reaching a mid-point target of $8,000 seems achievable. If Ethereum repeats past cycle gains, a remarkable surge to $26,000 could be on the horizon. At the $8,000 mark, Ethereum's market capitalization would hit about $964 billion, still trailing behind Bitcoin. However, $26,000 would elevate its market cap to $3 trillion, five times that of Visa—highlighting its massive potential in the digital economy. Layer 2 solutions, designed to improve Ethereum's scalability and efficiency, are crucial to its bullish outlook. As more parties adopt these solutions, network congestion and transaction costs should diminish, increasing Ethereum's attractiveness. Besides technical advancements, the expanding interest from institutional players in digital assets favors Ethereum's growth. In an evolving financial setting, Ethereum could benefit significantly from increased institutional involvement. Despite the promising scenario, the cryptocurrency market remains volatile and sensitive to various factors. Investors must proceed with care, ensuring they are informed before engaging in this space. Ultimately, Ethereum's outlook is optimistic, marked by several key developments and trends, positioning it as a dominant digital asset. Its possible rise to $26,000 garners attention, reflecting the excitement surrounding its future. Stay optimistic! 🧡 $ETH

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On the 31st of October and 1st of November, I had high hopes of making a substantial profit within a short period. Everything seemed to be going according to plan as I diligently followed the trends and went against the majority, successfully turning a $500 investment into $900 in less than an hour. However, my fortunes took a sharp turn when a significant shift occurred in the market. In just one hour, the top trader (account) transitioned from a bearish position to a long position with a higher percentage. This unexpected change led to me being stopped out at a modest $100 profit. Unfortunately, this marked the beginning of a downward spiral as I experienced losses over the next four days, ultimately resulting in my trading account plummeting to a disheartening -55% just before the pre-election period. As today marks the highly anticipated Election Day, I have made the conscious decision to refrain from participating in any trading activities. My rationale behind this decision is to safeguard my capital, especially considering that many retail traders are heavily invested in long positions. By exercising caution and avoiding unnecessary risks, I aim to protect my resources and wait for a more opportune moment to re-engage in trading activities. Reflecting on the recent events, I am reminded of the importance of remaining adaptable and responsive to market dynamics. Despite the setbacks I have encountered, I am committed to learning from these experiences and leveraging them to make more informed decisions in the future. In conclusion, while the recent challenges have undoubtedly been disheartening, I am determined to approach future trading opportunities with a renewed sense of resilience and prudence. As I navigate through these fluctuations, I am confident that with careful consideration and strategic planning, I can steer my trading endeavors towards more favorable outcomes.

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