Hello Friends 💐 We always speak coin. Let me introduce my

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Hello Friends 💐 We always speak coin. Let me introduce myself, my real name is Fulya, I'm here from Turkey. I would like to meet you. I wish everyone a profitable day 💫 #BTC #altcoins

Hello Friends 💐 
We always speak coin. Let me introduce myself, my real name is Fulya, I'm here from Turkey. I would like to meet you. I wish everyone a profitable day 💫
#BTC  #altcoins  

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1- $ALT had a successful launch from #Binance Launchpool, providing a great opportunity for both airdrop winners and Launchpool participants to earn profits. Now, let's delve into the technical details. #ALTrestaking 2- What is AltLayer? AltLayer is an open and decentralized protocol for rollups. It combines existing rollups (such as Arbitrum Orbit, ZKStack, Polygon CDK, or any other rolled-up stack) and introduces an innovative Restaked rollup concept, offering enhanced security, decentralized structure, interoperability, and crypto-economic fast settlement. 3- Restaked rollups utilize EigenLayer's restaking mechanism to initiate network security and establish a decentralized network. 4- What is RollUP? On the Ethereum network, each transaction has a certain fee. When there is a high demand for transactions, transaction fees can sometimes increase significantly. 5- This issue applies to all (decentralized) networks based on Ethereum Virtual Machine (EVM) and smart contracts. 6- It is expected that this issue will be overcome with the transition to Ethereum 2.0, but the timing of this transition is uncertain. 7- Rollups are developed to prevent high fees on the Ethereum network due to increasing transaction volumes. 8- The Rollup solution aims to reduce the number of transactions on the main network by conducting transactions outside the main network. These solutions also bring along security discussions. 9- According to tokenomics, Alt has a maximum supply of 10 billion, circulating supply of 1.360 billion, and a market capitalization of $534 million. 10- Restaking projects have gained attention recently. With the emergence of projects like EigenLayer and Renzo Protocol, the value of Alt could rise. ALT can be accessed on various exchanges including Binance. Thank you for reading the post. #BTC

The US Producer Price #PPI Index came in line with expectations on an annual basis, but on a monthly basis, it exceeded expectations at 0.5% compared to the expected 0.3%. Tomorrow, inflation data will also be released. #BTC #ETFvsBTC

I've caught a nasty bug lately despite my plans to stay healthy this year. Today seems quite eventful in the market. At 15:30, the April US Producer Price Index #PPI will be released, with expectations at 0.3%. If the data comes in below expectations, it could positively impact the market, possibly leading to lower inflation in the next month's Consumer Price Index #CPI release. At 17:00, #Fed Chair #Powell will give a speech. With today's release and tomorrow's US Annual Inflation Rate CPI announcement, expect market volatility. These are the key data points that will determine market direction. Wishing everyone a great day and profitable trades! 💐 #BTC #altcoins

$BTC The current price action, compared to the PA around the previous #BTC halving event. Still playing out similarly choppy price action after a breakdown from the ascending triangle. Maintain higher lows from here, and it starts looking ready for a spike higher.

Good morning everyone 💐 This week, all eyes are on Wednesday's release of the U.S. inflation data. It's not about where #BTC stands right now, but how the U.S. inflation figures will come out. This data will determine the upcoming Federal Reserve ( #FED ) actions. Firstly, on Binance, there are purchases both from futures and spot markets. After closing the 11:00 candle, the band has turned green, indicating a buying position currently. Binance Spot: Binance Futures (stablecoin): Looking at the Coinbase spot side, while the price hovers around $60,400, the band was supposed to turn red, indicating a selling position, but it hasn't; they are still in a buying position. The current rise has no contribution; purchases have developed on the Binance side. The increase between $60,800 and $62,900 came from longing in the futures, supported by spot purchases, as shown above. This is not a significant problem because spot purchases support it. Just as shorting in the futures and selling in the spot market create selling pressure, buying in the spot and longing in the futures raise the price. So, there isn't a significant inflation; I'm just sharing to understand where the movements are coming from. So, the outlook isn't bad, but it would be better if Coinbase starts buying. I said it would be better if Coinbase starts buying because I often remind, "only" buying from Binance is always risky because it's not permanent; when they sell, the price drops again. Therefore, if Coinbase joins at some point, we can rely more on the rises. That's it for now; if there are any changes later, we'll update. The workday has started; you know we have data on Tuesday and Wednesday; we'll have a volatile week; hopefully, it will be positive. $BTC #altcoins

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