How do you view the current market situation and what should you do?
1: BTC spot ETF had a net inflow of about $610 million the day before yesterday and a net inflow of about $330 million yesterday. Institutions entered the market to buy, which is bullish for the market
2. The Bank of Canada has already started raising interest rates ahead of schedule, and the Federal Reserve will also raise interest rates ahead of schedule, and the interest rate market will speculate ahead of schedule
3: There are over $1.5 billion of short positions waiting to be liquidated at 7w2. Short positions will become fuel, and the market will be safer. The spring of cottages will come!
ONT: Overall, it is in the bottom rebound stage, and has not yet formed an upward trend. It is suppressed above 0.31 during the day. The intraday trading volume has increased, but it is still relatively low, still maintained at 10M per day, and is in the process of shrinking adjustment. It slightly adjusted yesterday, and the intraday support is around 0.295. Focus on the daily level. The volume is above 20M, and the spot mid-line can hold the currency and wait for the rise.
NOT: It is in the adjustment stage after a big rise, and it will fluctuate downward in a short period of time. It is mainly high-altitude during the day. Pay attention to controlling the position to prevent another high-level spike today. Pay attention to the support at the 0.02 position during the day, and pay attention to the opportunity of a market crash in the later period;
YGG: Adjustment after a rise is a normal phenomenon. The technical level of the daily line has been repaired. It is currently at the low point of the fourth wave. In the short term, pay attention to the support near 1.
3 Cryptocurrencies with 100-fold Potential to Buy at the Bottom
FLOKI
Floki Coin stands out on the Ethereum network with its unique community governance model and the core team's firm representation of community interests. This cryptocurrency not only has multiple features that make it stand out from traditional currencies and other cryptocurrencies, but also gives holders the power to make decisions on the future direction of the project through its community governance characteristics.
Floki's strong performance indicates its huge growth potential in the future. Every breakthrough is just a step towards a brilliant future for Floki. The Floki team and community members work together to paint a bright future that is worth looking forward to. With its continuous development, Floki will play a more important role in the field of cryptocurrency and bring more surprises and returns to investors.
PEOPLE
ConstitutionDAO started out as an ambitious crowdfunding campaign to buy a first-edition replica of the 2021 U.S. Constitution. The campaign sparked widespread enthusiasm among supporters and successfully raised a whopping $42 million. However, despite its efforts, the project ultimately failed to win the bid during the thrilling 8-minute auction. Faced with this result, the project has decided to fully refund all 17,437 contributors who participated in the crowdfunding.
But it is worth mentioning that despite the refund situation, some loyal community members chose another path - they decided to keep their PEOPLE tokens, which not only demonstrated their firm belief in the project, but also attracted external investors to join the community. Of the original 11,613.39 Ethereum (ETH) raised, 5,115 ETH was eventually left in the community's treasury to provide financial support for future development and growth.
mask
You can pay special attention to it. The current quotation is: 3.66u. The daily level touches the upper EMA moving average and starts to fall back. At present, the probability of consolidating upward at this position is very high. Once it breaks through, it will continue to rise in volume. You can buy some spot goods. The upward increase is expected to be more than 20%!