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$MNT appears to be showing strong upward momentum today. [💰💵🆓💝☺️Click here to collect Free BNB Rewards 💰💵🆓💝☺️](https://www.binance.com/en-IN/activity/referral-entry?ref=LIMIT_CB2JOFDY&registerchannel=299195125060476928) Following a confirmed support level at $0.75, it is currently advancing, bolstered by a positive trend in $BTC. It seems likely that we will reach our next target of $2.32 sooner than initially anticipated, especially considering the substantial 470% gains from the previous rally.

$MNT appears to be showing strong upward momentum today.

💰💵🆓💝☺️Click here to collect Free BNB Rewards 💰💵🆓💝☺️

Following a confirmed support level at $0.75, it is currently advancing, bolstered by a positive trend in $BTC. It seems likely that we will reach our next target of $2.32 sooner than initially anticipated, especially considering the substantial 470% gains from the previous rally.

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🚨According to data, in each of the four Fed interest rate meetings in 2024, Click here to collect Free BNB Reward Bitcoin dropped 10% in the 48 hours before each meeting. •However, the losses were compensated on the day the Fed's interest rate decision was announced. #Fed $BTC #BTC
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🔴Important Market Update: Click here to collect Free BNB Reward Tomorrow Marks a Pivotal Moment in Crypto🔴 Are You Prepared for "BIG WEDNESDAY"? Yesterday witnessed significant turbulence as $BTC and the entire crypto market continued to decline, even following the opening of the #BTC SPOT ETF Market. Tonight, we delve into the reasons behind yesterday's BTC dump and discuss why tomorrow could hold profound significance for the crypto landscape this year. 💥12th June 2024: A Potentially Momentous Day for Crypto💥 Following yesterday's downturn, we find ourselves in the calm before the storm. The market is poised to remain in the red until tomorrow, when the Federal Reserve (FED) will unveil crucial inflation data. This time, the FED is committed to delivering a decisive verdict on whether to adjust interest rates, going so far as to synchronize the release of inflation news with the interest rate decision. Tomorrow looms as a pivotal juncture. Two significant scenarios could unfold: 🔴 Scenario 1️⃣ FED confirms elevated inflation and announces no changes to interest rates for the remainder of the year. Such an announcement could trigger a sharp market downturn, potentially plummeting to $64,000 or even $60,000. 🪙 Scenario 2️⃣ (The Golden Scenario) FED acknowledges a decline in inflation and opts to lower interest rates. This development could serve as the catalyst propelling BTC to new all-time highs, effectively kickstarting the bull market. 🔥 Why the Market Dumped? 🔥 In my view, market makers and significant whales orchestrated the deliberate market dump. This strategic move aimed to secure advantageous positions by driving prices down, allowing them to open long positions in anticipation of favorable news tomorrow. The initial sell-off was subsequently compounded by individual small holders succumbing to fear and selling their holdings. 🌿
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There's Still Downside Potential! Click here to collect Free BNB Reward Avoid entering the mid-range for now. If you've seen my posts from Saturday and Sunday, you'll notice I clearly stated that Friday wasn't a crash and we were not experiencing a dip; there's still potential for further decline. Here's my rationale: Since February, the overall crypto market cap has fluctuated between $2.13 trillion and $2.6 trillion on a weekly basis. The $2.6 trillion mark has proven to be a robust resistance level, as I've repeatedly cautioned against getting swept up in parabolic bull run hype until this resistance is breached. Currently, the total crypto market cap sits at $2.34 trillion, firmly entrenched within a well-established and consistent range. Recent price action indicates that the market is factoring in two or fewer interest rate cuts this year, likely beginning in September. The Federal Reserve's upcoming decisions carry immense significance due to the implications for carry trading. Maintaining higher interest rates for an extended period could potentially reverse progress in struggling economies, as substantial funds may flow from lower-interest rate economies to higher-interest rate ones like the US, exacerbating liquidity drains in economies in need. The resulting inflationary pressures could necessitate further interest rate hikes. The actions of European countries and Canada in lowering their rates have underscored the importance of the Federal Reserve's stance. I acknowledge this analysis delves into macroeconomic territory, but these are precisely the factors influencing large funds' decisions, contributing to the current unpredictability in both the economy and the crypto market. This uncertainty is likely to persist until after the elections or until the Federal Reserve adjusts interest rates.
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Could the recurring theft of OK's friends' Click here to collect Free BNB Reward wallets be the harbinger of a larger crisis, or is it merely a genuine vulnerability? Could this be the onset of a black swan event in this bull market cycle? In the realm of cryptocurrency, security concerns have always been paramount. While DEX platforms have encountered issues such as authorization, theft from CEX platforms has been virtually unheard of. Could this wave of incidents signal the opening of Pandora's box? Let's examine the sequence of events: 1. Incident Cause: A user of the OKX exchange shared a distressing experience on Twitter: within 15 minutes, hackers stole 5 million yuan from his account [stolen late at night, unknown whitelist], prompting widespread concerns regarding the security of OKX. 2. Subsequently, multiple high-profile accounts experienced thefts, raising suspicions of a coordinated attack. 3. All affected users were from China, with no reports of similar incidents overseas. 4. The victim did not require a verification code, primarily used a trading phone, and was an iOS user. They did not click on any unknown links. Moreover: Despite reaching out to OKX customer service for assistance, they received a dismissive response of "report to the police yourself," with no resolution provided. This incident serves as a stark reminder to keep transactions and wallets separate, akin to segregating country eggs from bad ones. Those who enjoy interacting in the crypto space should consider keeping their primary funds separate from interactive wallets. The breach at OKX may not be an isolated occurrence, serving as a wake-up call for the broader industry. Safety must remain the top priority, with swift resolution of issues being imperative. While platforms may have vulnerabilities, it is the users who stand to lose their entire fortunes. Failure to ensure user safety could lead to further incidents, potentially escalating into a larger crisis.
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Could the recurring theft of OK's friends' Click here to collect Free BNB Reward wallets be the harbinger of a larger crisis, or is it merely a genuine vulnerability? Could this be the onset of a black swan event in this bull market cycle? In the realm of cryptocurrency, security concerns have always been paramount. While DEX platforms have encountered issues such as authorization, theft from CEX platforms has been virtually unheard of. Could this wave of incidents signal the opening of Pandora's box? Let's examine the sequence of events: 1. Incident Cause: A user of the OKX exchange shared a distressing experience on Twitter: within 15 minutes, hackers stole 5 million yuan from his account [stolen late at night, unknown whitelist], prompting widespread concerns regarding the security of OKX. 2. Subsequently, multiple high-profile accounts experienced thefts, raising suspicions of a coordinated attack. 3. All affected users were from China, with no reports of similar incidents overseas. 4. The victim did not require a verification code, primarily used a trading phone, and was an iOS user. They did not click on any unknown links. Moreover: Despite reaching out to OKX customer service for assistance, they received a dismissive response of "report to the police yourself," with no resolution provided. This incident serves as a stark reminder to keep transactions and wallets separate, akin to segregating country eggs from bad ones. Those who enjoy interacting in the crypto space should consider keeping their primary funds separate from interactive wallets. The breach at OKX may not be an isolated occurrence, serving as a wake-up call for the broader industry. Safety must remain the top priority, with swift resolution of issues being imperative. While platforms may have vulnerabilities, it is the users who stand to lose their entire fortunes. Failure to ensure user safety could lead to further incidents, potentially escalating into a larger crisis.
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