Why is the market bearish, is there any major news or event | Abdul Sultans on Binance Square

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Bearish

Why is the market bearish, is there any major news or event at the moment ? $BTC $SOL $ETH are all bearish . If BTC breaks above this low then it is going to hit $100,000 and above or what do you think ? 
Make sure to diversify your portfolio in order to protect your capital from unprecedented losses. 

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A Historical Pattern Repeats Itself In November 2020, Bitcoin's price faced a critical resistance level at $19,850. For two weeks, the cryptocurrency struggled to break through this barrier. However, in a sudden and dramatic turn of events, Bitcoin's price surged, marking the beginning of the biggest rally of the cycle. Fast forward to the present, and a similar pattern appears to be emerging. The author is now predicting that Bitcoin's price will break through the $100,000 level by early to mid-December. This prediction is not based on speculation, but rather on the observation of a recurring pattern in Bitcoin's price history. The Power of the Pause One of the key insights that can be gleaned from this pattern is the importance of the "pause" in Bitcoin's price movement. The pause refers to a period of consolidation or sideways price movement that often precedes a major price breakout. In the case of Bitcoin ($BTC ), the pause can be a period of temporary weakness or a pullback, which can be misleading to some investors. However, as the author notes, the biggest price movements in Bitcoin often occur after a period of consolidation. What This Means for Investors So, what does this mean for investors? The key takeaway is that Bitcoin's price is likely to experience a significant breakout in the near future. While it is impossible to predict with certainty, the historical pattern suggests that a major price movement is on the horizon. As such, investors who are looking to capitalize on this potential breakout may want to consider positioning themselves accordingly. This could involve buying and holding $BTC (Bitcoin), or exploring other investment strategies that are designed to capitalize on the cryptocurrency's price volatility.

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I've figured out the idea behind the $USUAL token. Let's dive into some theory and numbers: The Theory: 1. Every minted USD0++ token mints 12 USUAL tokens. The high APY offered by holding USD0++ or using it in DeFi (currently 43%) encourages people to mint USD0++ and farm $USUAL. 2. Every minted USUAL token flows into designated buckets, with 10% allocated to UsualX and 2.5% to USD0/USDC. 3. Over 12.37% of the $USUAL supply won't be circulating for the first week due to the 7-day verification period for USD0++ and liquidity rewards. The Numbers: - Initial circulating supply of $USUAL: 12.37% = 160M - Real circulating on-chain supply on day one: 4.37% = 62M (due to the 7.5% on Binance being unavailable for withdrawal on day one) The IDEA: 1. The USD0/USDC Curve pool currently has $26M deposited, generating a 36% yield with a 2.5% USUAL mints allocation. 2. Assuming half of the USUAL airdrop will be transferred to CEXes to sell, the real on-chain supply will be approximately $31M. 3. If all $USUAL tokens are staked into xUSUAL, the APY yield will be around 120% from day one, with 100% liquidity. This can be hedged on perps. 4. Additionally, the USUAL/USD0 pool has a 2% allocation, potentially offering up to 40% APY with a $20M TVL. What Now? There's no point in selling USUAL if you can stake it, unstake at any time (no lock), and hedge on perps to avoid losses. Instead, there's a point in buying USUAL to stake it, LP it for high APY, and hedge it. As a result, everyone will likely stake and spot buy to hedge on perps. #UsualToken #USUAL

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What It Means When The Market is RED! When the cryptocurrency market is experiencing a downturn (indicated by red prices), it can be an opportunity to buy. Consider the following strategy: 1. Monitor USDT or USD pairs: Keep an eye on cryptocurrency pairs traded against USDT (Tether) or USD, such as BTC/USDT or ETH/USD. 2. Select coins with high liquidity: Choose coins with high trading volume and liquidity to ensure you can buy and sell quickly. 3. Research the coin: Before buying, research the coin's technology, use cases, team, community, and partnerships to make an informed decision. 4. Buy the dip: If you're confident in the coin's potential, consider buying it during the downturn. 5. Set realistic profit targets: Don't aim for excessive profits; instead, set achievable targets to minimize risk. 6. Don't hold for too long: Cryptocurrency markets can be volatile; consider selling your coins when you've reached your target profit to avoid potential losses. Some popular cryptocurrency pairs with high trading volume and liquidity include: 1. BTC/USDT 2. ETH/USDT 3. BNB/USDT 4. SOL/USDT 5. DOGE/USDT Remember, cryptocurrency trading carries significant risks, and there are no guarantees of profit. Always prioritize thorough research, risk management, and caution when investing in cryptocurrencies. $BNB $BTC

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"Are You a Crypto Trader or Investor?" The crypto market offers opportunities for both traders and investors. Understanding your approach, risk tolerance, and goals is crucial to success. A trader thrives in the fast-paced, high-volatility crypto market, using technical analysis and market sentiment to make quick decisions targeted at profits. Investors, on the other hand, focus on the long-term potential of crypto assets, prioritizing fundamental analysis and stability. So, where do you belong? Take a moment to reflect on your: • Risk tolerance • Investment goals • Market approach Are you a trader, always on the lookout for the next big move? For instance, buying altcoins like $PNUT when the price is down and selling it when the price is up within a short period. Or are you an investor, focused on steady, long-term growth? Who likes to buy major cryptos like $BTC $ETH when their prices are extremely low and selling them many months or years later when their prices have increased. Understanding your identity in the crypto market will help you make informed decisions, manage risk, and reach your financial goals while protecting your capital. Which one are you? Share your thoughts in the comments!

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