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The market situation remains positive, as we see each time a currency rise by more than 70%. However, the dominance rate is still high. The market is expected to continue the positive trend until Trump's inauguration on January 20, 2025. The market may witness a violent correction at that time…
If anyone has some comments or other opinions, please submit them to me here in order to enrich the discussion
If anyone has some comments or other opinions, please submit them to me here in order to enrich the discussion
“Although the price of Bitcoin has reached $89,000, we have not seen a great response from some projects. On the other hand, we have seen currencies with a large market value rising, and this is very normal and normal movement. Bitcoin will stabilize, and altcoins will see excellent upside one by one
#MicrosoftBitcoinRejection #EthereumRally #SOLFutureRise #AltCoinRush #BTCBreaks89k
#MicrosoftBitcoinRejection #EthereumRally #SOLFutureRise #AltCoinRush #BTCBreaks89k
89k
After this wave, the abnormals of prospects will come from everywhere driven by greed and greed without experience or professional rehabilitation, their only concern is quick profit... They only come because they have read posts on Facebook saying that the currency market is up....
#BTCBreaks89k #FOMOisReal #cryptomarketcapATH #FOMOalert
After this wave, the abnormals of prospects will come from everywhere driven by greed and greed without experience or professional rehabilitation, their only concern is quick profit... They only come because they have read posts on Facebook saying that the currency market is up....
#BTCBreaks89k #FOMOisReal #cryptomarketcapATH #FOMOalert
Ethereum in the face of a huge wave of whales
Ethereum in the face of a huge wave of whales
The chart above indicates a huge influx of 82,000 Ethereum to derivatives trading platforms, an amount that makes us wonder: Are big whales preparing to hit the market with a vel of volatility? Or are they just testing the power of the heart of small investors?
A quick look at the drawing reveals that the flow of this large amount of Ethereum into derivatives platforms cannot be easily ignored. According to history, these large flows are often preced
The chart above indicates a huge influx of 82,000 Ethereum to derivatives trading platforms, an amount that makes us wonder: Are big whales preparing to hit the market with a vel of volatility? Or are they just testing the power of the heart of small investors?
A quick look at the drawing reveals that the flow of this large amount of Ethereum into derivatives platforms cannot be easily ignored. According to history, these large flows are often preced
US presidential elections
Guys, the upward momentum has decreased a little while ago or let's say, the upward momentum declined for the market, and this is because the market movement tonight was all due to the American elections, there is a moral link between Trump's victory and the digital currency market.
Two hours ago, Trump was superior to Kamala Hars by a very vast margin of 100 seats, because the elections began to show its initial results with the states supporting Trump by a large percentage.
Now, two hours la
Two hours ago, Trump was superior to Kamala Hars by a very vast margin of 100 seats, because the elections began to show its initial results with the states supporting Trump by a large percentage.
Now, two hours la
So the interpretation of this decline in the market is understandable and simple:
Open interest reached its peak at $23.9 billion, reflecting significant activity in open contracts, and indicates a rise in interest in Bitcoin trading in that period.
As the price fell, open interest fell to $21.8 billion, indicating that some traders are leaving their positions with losses and damages, either to avoid risk further or due to a change in their vision.
And all this is because of the whales, which sold out until they strike open benefits and the fish come out of their positions at a loss, and even more so change their market view and the fluctuation of general feelings to negative, so that they ultimately benefit.
Open interest reached its peak at $23.9 billion, reflecting significant activity in open contracts, and indicates a rise in interest in Bitcoin trading in that period.
As the price fell, open interest fell to $21.8 billion, indicating that some traders are leaving their positions with losses and damages, either to avoid risk further or due to a change in their vision.
And all this is because of the whales, which sold out until they strike open benefits and the fish come out of their positions at a loss, and even more so change their market view and the fluctuation of general feelings to negative, so that they ultimately benefit.
Are you wondering what whales are coming out? Or do they sell in the previous period?
Are you wondering what whales are coming out? Or do they sell in the previous period?
It is this indicator of the open interest index, which drools the whales in the futures market.
When open interest is high (as shown in green), it means that there is a large amount of open contracts (puy positions) in the market.
Whales monitor these levels because they know that large price movements will lead to liquidations of these contracts, in the opposite direction.
For example, if the open interest
It is this indicator of the open interest index, which drools the whales in the futures market.
When open interest is high (as shown in green), it means that there is a large amount of open contracts (puy positions) in the market.
Whales monitor these levels because they know that large price movements will lead to liquidations of these contracts, in the opposite direction.
For example, if the open interest