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cryptoogeek
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said he is not against memecons , but hopes blockchain technology will be used to create practical applications
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Despite the active growth of the $BTC price to the 100K area, there is no retail trade on the market yet. This is directly indicated by the Korea Premium Index, a key indicator reflecting the activity of retail traders - it remains below -0.5. ❗️ It is important to understand that the current participation of retailers has not actively contributed to the price movement in the market. This means that they can still influence the price in the future. ⚠️ It is important for us that retail buyers have come to the market - this will have a positive impact on the market movement. It is worth noting separately that historically this instrument often reached extreme values before the $BTC price reached the highs of the bullish cycle. Therefore, it is still too early to talk about the end of growth. #GODINDataForAI #BinanceHODLerTHE #XRPMarketShift #BTCWatchZone #NotPriceSurge
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Bitcoin fell another 4% to reach $92,000. We continue to unload greed (which was at its peak) and also take out local passengers who were expecting endless growth. The thing is that at the moment we had too much of an overweight of long positions, this factor acted as a barrier to further growth, since letting the bulk of traders earn is not according to the rules of the market itself. Therefore, in order to get rid of the mass long positions, the market was forced to react by moving in the opposite direction, to remove all these positions and to change the local mood. As soon as the market unloads the main position and the advantage is already in the other direction, we will see the continuation of our upward trend. I allow the correction movement to be seen up to ~$85,000. There is a large shelf of liquidity there, as well as a strong level of support, which together are capable of reversing the local trend. However, along with the correction of Bitcoin, its dominance should gradually decrease, which in a short time will make the altcoin even stronger and more stable. Therefore, if you are going to short the alto, do not play too much. This correction should be perceived as calmly and normally as possible, since after the next dive, we will see a strong jump in the alts. #Bitcoin❗ #GODINDataForAI #XRPMarketShift #BinanceHODLerTHE #BNBChainMeme
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So similar but so different😀
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$BTC — falling before reaching 100K 🔽 They started to unload extra passengers from the market and, as I actually indicated, the decline after breaking through $95,000 continued.📉 If the price now consolidates below MA50, the decline will continue. At a minimum, this is the first breakthrough after the price began to grow from $70,000. 👀 Now we are watching MA100 closely, which will act as a new dynamic support. If it is broken, the correction will continue , at least to $86,000, where MA200 is located nearby. 📝 Expectations are marked on the chart, the downward movement is the highest priority, I don’t want to open long positions now. #bitcoin #GODINDataForAI #XRPMarketShift #BTCWatchZone #BNBChainMeme
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#ETH🔥🔥🔥🔥 USDT 👉 ETH got exactly rejection from the $3557 zone. Wait for the breakout of this zone. I am expecting a breakout on it .keep your eye on ETH $ETH $BTC $SOL #GODINDataForAI #XRPMarketShift #BTCWatchZone #BNBChainMeme
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