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YAMAN KUMAR
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win upto 500$ in usdt ๐๐ WIN RAMDAM REWARDS UPTO 500 USDT
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$BTC $ETH $SOL
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my target for dogwifhat $WIF is 10$ by 2024,2025
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In 2024, amidst a Bitcoin halving and robust global economics, Solana's "PolitiFi" memecoins like "Tremp" and "Boden" are gaining immense traction. Tremp, themed around Trump, boasts a $46M market cap, while Boden, representing Biden, dominates with $120M. Even anti-crypto sentiment from figures like Elizabeth Warren is being memed into." As the US election fervor escalates, these assets provide prime trading opportunities on Binance Square, reflecting the tribal nature of politics.
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The market is ready for a shakeout: hereโs where to buy the dip The market shows excessive leverage, particularly in BTC and ETH. Open interest levels are extremely high, indicating a lot of leverage employed. Funding rates are also very positive, signalling an overcrowded long positioning. These dynamics heighten the risk of a potential leverage flush out or sharp correction.ย From a technical perspective, while BTC and ETH have made new highs, overbought conditions are widespread, suggesting some consolidation may occur before the next leg higher. Solana (SOL) and Thorchain (RUNE) could also see pullbacks from overbought levels. In contrast, Shadow (SHDW) has upside potential after a recent rally.ย Our overall stance is cautiously optimistic. We recommend holding spot positions while looking to capitalise on any leverage-driven selloffs. TLDR Extremely high open interest and positive funding rates across the majors indicate excessive leverage and overcrowded long positionsFor Bitcoin, the recommended buy zone is between $58,800 and $60,200 if the market pulls back to that level.For ETH, the buy zones are $3,350-$3,430 and ideally $2,960-$3,080 on dipsFor SOL, the buy zone is around $120-$123 and below $110 if a flush-out occursRUNE is exhibiting overbought technicals, and it could see pullback/consolidation before further upside.SHDW has upside potential remaining after a recent rally. Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. "One Glance" by Cryptonary sometimes uses the RR trading tool to help you quickly understand our analysis. These are not signals, and they are not financial advice.#$BTC $SOL $ETH
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