#Altcoins Correction on #Alts looks like it's about to end. | Appexindex-Pro on Binance Square

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#Altcoins 
Correction on #Alts looks like it's about to end. 
1. Crypto Total Market cap excluding #BTC    is retesting the 61.80% Fibonacci retrace. 
2. Gaussian Channel flipped bullish on the 2weekly chart. 
#Bullish #BinanceTournament #Megadrop #CryptoTradingGuide $BTC #MicroStrategy $ALT 

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Many People Think: "Bull market Is OVER." But they're all overlooking something crucial I've just scanned all the data and was shocked Here's why I'm bullish about $BTC and alts right now🧵👇 2/➮ "This time is different" ☩ No, it's not! ☩ Now, we're in a phase where crowd is being forced to sell BTC and alts. ☩ It happened in 2020, and it is happening again now..👇 3/➮ Approving ETFs for BTC and ETH is the most bullish factor ever in the history of crypto. ☩ A significant amount of liquidity will be injected, but it won't occur overnight. ☩ More attention > more money > huge pump of all crypto 4/➮ "So why are we dumping right now?" - Summer ☩ Historically, summer has consistently been a challenging period for crypto. ☩ This time usually sees a reduction in volatility and a decrease in crypto activities. ☩ I view current market similar to summer 2021 5/➮ Another driving force is US elections in Nov 2024. ☩ By now, politicians have recognized the full potential of crypto and the fact that it's a huge topic open to speculation. ☩ As the elections approach, there will be more and more talk about $BTC ☩ Attention = money#MicroStrategy #LayerZero #CPIAlert #CryptoPCEWatch #MtGoxJulyRepayments

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📢🔔 Heads up, BTC enthusiasts! New York-based crypto exchange, Uphold, is delisting six stablecoins, including the biggie - Tether (USDT) 📉🚫. This move is in response to the upcoming MiCA regulation in the European Union, set to fully take effect on June 30th, 2024. 🤔 But what does this mean for the future of USDT in the region? Tim Wang, COO of Elixir, suggests that short-term effects could lead to market dislocation for liquidity and trading markets due to USDC and USDT dominance on centralized exchanges. 🔍 The new EU crypto laws impose strict regulations on fiat-backed stablecoins and e-money tokens exceeding a specific adoption threshold. Key provisions of MiCA include a 1:1 backing of fiat-based stablecoins with liquid reserves, custodial separation of reserve assets, and a prohibition on algorithmic stablecoins. 🔄 Uphold isn't alone in this. Other major crypto exchanges like Kraken, Binance, and OKX have also tweaked their stablecoin listing policies to stay in line with regulations. 🌐 While the MiCA regulations could influence crypto regulations in other regions, including the US, the provisions for stablecoin may not hold the same weight. Wang believes that "stablecoin hegemony" will increasingly become a contentious political topic. $BTC $USDC $BNB 🌟 Stay tuned, BTC lovers! The crypto world is always full of surprises! 🚀🌕#CryptoPCEWatch #MtGoxJulyRepayments #CryptoTradingGuide #BinanceTournament #CertiKvsKraken

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UXLINK: Innovating Blockchain Social Interaction” The UXLINK project focuses on creating a robust blockchain-based platform that integrates social interaction with innovative technological infrastructure. Overview of UXLINK's Core Activities and Features 1. Innovative User Engagement: UXLINK revolutionizes how users interact with blockchain technology through its "Link-to-Earn" model. Unlike traditional projects that may only offer simplistic interactions, UXLINK incentivizes users for a variety of engagement activities, deepening user investment and participation. 2. Developer Integration: By actively introducing external developers into its ecosystem, UXLINK fosters a more dynamic and versatile environment. This openness to external talent accelerates innovation and diversifies the applications available on its platform. 3. Advanced Infrastructure: UXLINK has built its infrastructure from the ground up, ensuring that it is not only tailored to its specific needs but also highly scalable and secure. This self-built infrastructure supports a wide range of blockchain activities,from simple transactions to complex decentralized applications 4. Extensive Ecosystem Collaboration: UXLINK engages with multiple sectors within the blockchain community, including Decentralized Finance (DeFi), Artificial Intelligence (AI), and Game Finance 💎.This extensive collaboration enhances the utility and reach of UXLINK, making it a cornerstone in the broader blockchain ecosystem. 5. Tiered Incentive Mechanism: The platform employs a nuanced incentive mechanism that rewards users based on their level of engagement and contribution. This tiered approach not only encourages more substantial participation but also aims to maintain a sustainable and rewarding environment for all users. 6. Token Utilization and Deflation Strategy: UXLINK has a clear strategy for token empowerment, which includes mechanisms expected to lead to token deflation over time. This approach aims to enhance the token's value, benefiting long-term holders and contributing to the project's economic stability.

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Focus on these four Ethereum-related cryptocurrencies for trading due to their signs of increased activity: $PENDLE is displaying strong bullish momentum as it approaches the upper limits of its trading range. A sustained move beyond this critical support/resistance level could prompt a long position, potentially leading to substantial gains. $ETHFI is emerging as one of the strongest performers in this category. Closing above the 5 mark on a daily basis could signal the right moment to initiate a long position. $LDO while often viewed as a challenging asset, isn't a primary focus of my trading strategy at the moment. However, I am monitoring the 2.65 level as a critical juncture that could influence future decisions. $ENS is on my radar, particularly for a confirmation of a breakout if it closes above 27.65 on a daily basis, which would increase my confidence in a potential long position. #crypto #PENDLE #ETHFI #LDO #ENS #BinanceLaunchpool $BTC $ETH

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BITCOIN BOUNCES AT $60,000, Will Bulls Charge on Monday? 🤔 #BULL-RUN held its ground at $60,000 this weekend, bouncing after a recent dip. With lower #Trading volume typical of Saturdays and Sundays, analysts are eyeing Monday for a potential surge in activity.👀 Will bulls seize the opportunity to push the price higher of $BTC ? Keep an eye on trading volume and upcoming news events that could influence the market.🚀 What are Your Thoughts on this??? #BinanceLaunchpool #Memecoins #bitcoinhalving #BTC $BTC $TNSR

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