💥Crypto whales are individuals or organizations that invest heavily in digital assets, usually storing them in a single wallet or address. When a whale turns around, it is inevitable to make waves in the neighborhood. Due to their popularity in the cryptocurrency world, whales have long been a source of anticipation and anxiety. They are closely watched by many websites or investors to report their activities because they influence the market to a large extent
💥Of course, I am talking about expectation and anxiety, and I think you can understand. When you trade contracts, if the whales trade in the same direction as you, it will bring you huge gains. But if you trade in the opposite direction of the whales, you will lose a lot. So, it is both an expectation and a worry.
It was this picture that inspired me to make a more detailed plan for the whale project. Since we are likely to encounter whales in trading, I will also teach you some trading common sense. Let me first explain what this chart means to you.
But since many of my friends have never seen a whale, I am not sure if you understand my description. I think since you have started trading, you should be familiar with the word "whale". After looking at this picture, you will have a certain understanding of the role of whales in the market 🔴🔴🔴🔴🔴🔴🔴 So today I will describe in detail the division of various investor groups in the cryptocurrency market. Cryptocurrency investors describe the cryptocurrency market as an ocean, because the cryptocurrency market is absolutely private and every investor is part of the ocean ecosystem.
The cryptocurrency market of various tokens belongs to a rather deformed ecosystem, which is also related to the development history of cryptocurrency. Currently, the total market value of the entire cryptocurrency market is close to 3.4 trillion US dollars, BTC accounts for about 60% of the total market value, and ETH accounts for about 10%.
If you often watch the news or have been exposed to the cryptocurrency investment market for some time, you may often see the term "whale account", but most people may not understand what a whale account is.
A Bitcoin Whale is a Bitcoin Whale account, and similarly, an ETH Whale is an ETH Whale account. Whale accounts are users who own a large amount of a particular cryptocurrency. They are individuals or institutions that own a large amount of a certain crypto commodity. "Whales" are the biggest fish in the ocean of cryptocurrency. There are many types of whales in the cryptocurrency market, such as BTC whales, ETH whales, and BCH whales. BTC whales are individual investors or institutions that own 1,000 to 5,000 Bitcoins in their personal addresses.
Shiba Inu (SHIB) is currently trading at approximately $0.000016, reflecting a 0.57% increase over the past 24 hours. The token’s market capitalization stands at around $9.44 billion, with a 24-hour trading volume of approximately $598.66 million, indicating sustained investor interest.  Analysts suggest that if SHIB surpasses the $0.000017 resistance level, it could target the $0.000019–$0.000021 range. Investors are advised to monitor its performance closely as it navigates these pivotal levels. ⸻ 📈 Suggested Trading Signals: • Buy Zone: Consider entering positions if SHIB pulls back to the $0.000014–$0.000015 support area, which aligns with recent uptrend support.  • Sell Zone: If SHIB approaches or breaks above $0.000019, partial profit-taking may be prudent, especially if volume begins to decline. ⸻ Note: Always conduct your own research and consider your risk tolerance before making investment decisions. #ShibaInu $SHIB
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