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Hadiah Gratis dalam USDT💰💥
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$BTC Alert⚠️🚨 Many experta seem overly optimistic about Bitcoin's potential price increase this cycle. As the cryptocurrency market matures, achieving significant returns becomes more challenging. Consequently, I predict that $BTC will not exceed $75-100k by the end of this cycle. Historically, returns on investment have decreased with each halving event. With the latest halving price around $59k, a 2x increase from there is a reasonable target for the next all-time high. Projections of $120-300k or more are unrealistic. Let’s save this statement and revisit it when BTC approaches $100k. At that point, many will likely be predicting unrealistic targets of $1 million or higher.
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Win Big in the #IOInternetofGPUs Contest by @io.net About io.net: Dive into the world’s largest decentralized GPU cloud with io.net! Integrating over 200,000 GPUs from data centers, miners, and gamers, io.net is here to tackle global shortages. Whether you’re into AI, graphics rendering, or gaming, io.net has you covered with enterprise-grade models like the H100 and A100. $IO Token Insights: Get to know $IO, io.net's governance and utility token, now listed on Binance! With successful funding rounds that raised over $40 million, $IO is gearing up for a big restaking event in Q3 2024, set to boost its utility and network quality. Exploring DePIN: io.net is pioneering with DePIN (Decentralized Infrastructure) to optimize GPU computing, making high-performance resources scalable and efficient for various applications. This innovation is set to transform accessibility and performance globally. Why io.net and DePIN Matter: Post-TGE and Binance listing, io.net is poised for significant growth. DePIN’s decentralized approach will revolutionize GPU computing, democratizing access to top-tier computing power worldwide. How to Win: 1. Write an essay about the future of IO post-TGE. 2. Share your essay on social media using #IOInternetofGPUs and tag @ionet. 3. Make sure your post gets at least 20 interactions and is 200 characters long to qualify. Join the movement and help shape the future of GPU innovation with io.net.
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Overview of Cryptocurrency Futures Trading Volumes 💥 The image presents data on the 24-hour and weekly trading volumes for various cryptocurrency platforms and futures. Binance Futures leads with $39.44 billion in 24-hour volume and $337.80 billion in weekly volume. Poloniex Futures is in second place with $29.75 billion in 24-hour volume and $178.52 billion in weekly volume. OKX Futures ranks third with $16.58 billion in 24-hour volume and $152.07 billion in weekly volume. Bybit Futures and Binance show $13.10 billion and $10.03 billion in 24-hour volume, respectively MEXC Futures also showed a significant weekly trading volume of $22.00 billion.
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Bitcoin Price Still in Bull Market Phase, Says Glassnode🤯💥📈 According to BlockBeats, Glassnode has analyzed that the current price of Bitcoin is still in the enthusiastic bull market phase. After entering the frenzy zone, it quickly fell back, with the real market average being $50,000. This represents the average cost basis of each active investor. If the macro bull market is expected to continue, this level is still a key price level that the market needs to maintain above. The unrealized profit of Bitcoin indicates that the market may be overheated. Currently, this value is $92,000. The breakeven level of the short-term holder group is $64,000. The current spot price is lower than this level, but it is trying to recover. It is worth noting that only 7% of trading days recorded a spot price lower than the -1 standard deviation band, making it a relatively rare situation.
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Ethereum Faces Increased Selling Activity, Breaches 100-Day Moving Average🤯 According to CryptoPotato, Ethereum has recently seen a surge in selling activity, leading to a breach of the 100-day moving average and a significant decline towards the 200-day moving average. This breach, which occurred in an area filled with buying interest and demand, led to a notable long liquidation cascade, accelerating the bearish momentum. Consequently, the price plummeted towards the substantial 200-day moving average of $3096 and breached it, indicating a bearish sentiment in the market.In the short term, Ethereum is currently hovering around the crucial and decisive support region of $3K and is expected to undergo a period of consolidation before initiating its next major move. If a pullback to the broken 200-day MA occurs, the continuation of the bearish trend will become more likely. The 4-hour chart reveals that after a period of sideways consolidation above the $3.3K support, the price faced aggressive selling activity and breached this crucial support region. This breakout led to a notable impulsive downtrend, indicating a long-squeeze event in the perpetual markets. However, Ethereum has landed on the substantial support region of $3K, which has previously supported the price multiple times. This area is likely filled with demand, potentially halting the downward pressures in the short term. Ethereum has recently seen a rise in selling activity, leading to a significant decline toward the critical $3K support zone. The chart indicates a notable liquidity pool below the crucial $3K. This pool is filled with sell-stop orders from aggressive long positions that contributed to a significant price surge in mid-May. If sellers push the price below the $3K support zone, a massive long-squeeze is expected. This would trigger the sell-stop orders, accelerating the bearish momentum. Traders should closely monitor the price action around the $3K support zone in the upcoming days to determine the cryptocurrency’s trend direction.
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