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I POST TRADE RECAPS AND SETUPS
TO THOSE WHO WISH TO PERFOM A TRADE THIS PAGE WOULD DEFINITELY HELP YOU TO KNOW IF ITS THE RIGHT MOMENT TO BUY OR SELL
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#MarketSentimentToday
According to Odaily, a recent survey by Bank of America reveals that the proportion of investors expecting a weaker dollar has nearly doubled over the past month as the market braces for potential Federal Reserve rate cuts. The bank's monthly sentiment survey indicates that approximately 23% of respondents are most confident in shorting the dollar, marking the highest percentage this year, up from 8% in July. While the dollar has outperformed most G10 currencies this year, its upward trend has faltered in the past month due to data suggesting a slowdown in the U.S. economy, leading traders to bet on significant rate cuts by the Federal Reserve.
According to Odaily, a recent survey by Bank of America reveals that the proportion of investors expecting a weaker dollar has nearly doubled over the past month as the market braces for potential Federal Reserve rate cuts. The bank's monthly sentiment survey indicates that approximately 23% of respondents are most confident in shorting the dollar, marking the highest percentage this year, up from 8% in July. While the dollar has outperformed most G10 currencies this year, its upward trend has faltered in the past month due to data suggesting a slowdown in the U.S. economy, leading traders to bet on significant rate cuts by the Federal Reserve.
#MarketSentimentToday
According to Foresight News, Grayscale has announced that its Grayscale Sui Trust is now open to qualified investors. As of August 8, 2024, the net asset value per share of the Grayscale Sui Trust stands at $11.42, with a management fee of 2.50%.
According to Foresight News, Grayscale has announced that its Grayscale Sui Trust is now open to qualified investors. As of August 8, 2024, the net asset value per share of the Grayscale Sui Trust stands at $11.42, with a management fee of 2.50%.
#TONonBinance
#redpacketgiveawaycampaign
#freeusdtgift
CLAIM YOUR GIFT NOW 🎁🎁🎁🎁🎁🎁🎁🎁🎁
WE HAVE SEND OUT 3500 USDT FOR 100 CLAIMS ,,DONT MISS OUT
REDPACKET CODE
4Q6OXNQC
#redpacketgiveawaycampaign
#freeusdtgift
CLAIM YOUR GIFT NOW 🎁🎁🎁🎁🎁🎁🎁🎁🎁
WE HAVE SEND OUT 3500 USDT FOR 100 CLAIMS ,,DONT MISS OUT
REDPACKET CODE
4Q6OXNQC
According to Odaily, the official website of the City of Santa Monica, California, has introduced a new section called the 'Bitcoin Office.' This initiative aims to seek and promote partnerships within the Bitcoin industry to support the city's economic recovery and create new job opportunities.
The City of Santa Monica has collaborated with Proof of Workforce to discuss and consider various aspects of Bitcoin, including mining, investment, and education. It is important to note that these discussions and considerations should not be interpreted as financial or investment advice.
#BTC
The City of Santa Monica has collaborated with Proof of Workforce to discuss and consider various aspects of Bitcoin, including mining, investment, and education. It is important to note that these discussions and considerations should not be interpreted as financial or investment advice.
#BTC
#MarketSentimentToday
According to PANews, blockchain infrastructure protocol Nexera, which focuses on tokenization, has provided an update on a recent security incident via the X platform. The company announced that it has lifted the suspension on the NXRA token contract, and on-chain transactions have now resumed. Nexera is continuing to coordinate with centralized exchanges (CEX) to restore operations, pending the completion of their internal processes to resume services. The company advises users to stay tuned for further announcements from these exchanges.
Previously, Nexera experienced an attack that resulted in a loss of $1.8 million, as reported by the crypto security firm Cyvers. In response to the incident, Nexera had initially suspended the token contract to mitigate further risks. The latest update signifies a step towards normalizing operations and ensuring the security of their platform moving forward.
According to PANews, blockchain infrastructure protocol Nexera, which focuses on tokenization, has provided an update on a recent security incident via the X platform. The company announced that it has lifted the suspension on the NXRA token contract, and on-chain transactions have now resumed. Nexera is continuing to coordinate with centralized exchanges (CEX) to restore operations, pending the completion of their internal processes to resume services. The company advises users to stay tuned for further announcements from these exchanges.
Previously, Nexera experienced an attack that resulted in a loss of $1.8 million, as reported by the crypto security firm Cyvers. In response to the incident, Nexera had initially suspended the token contract to mitigate further risks. The latest update signifies a step towards normalizing operations and ensuring the security of their platform moving forward.
#MarketSentimentToday
#BinanceTurns7
#btcupdates2024
#BTC☀
Price tested in the fair value gap and there is equal highs at around 7100., to them who are in long positions , continue holding and to them who want to sell their BTC , not yet
#BinanceTurns7
#btcupdates2024
#BTC☀
Price tested in the fair value gap and there is equal highs at around 7100., to them who are in long positions , continue holding and to them who want to sell their BTC , not yet
🔍 Analysis of What's Causing the Market Drop:
1. Rising Unemployment Rate: 📊
- The US unemployment rate unexpectedly rose 📈 to 4.3%, sparking fears 😱 of a potential recession 🏦. This sudden spike has rattled investors 😟, leading to a widespread selloff in both equities 📉 and cryptocurrencies. 💸
2. Japanese Yen Strengthening: 💴
- The Bank of Japan raised interest rates 📈 for the first time in 17 years ⏳, strengthening the yen 💪. This move has prompted global investors 🌍 to reallocate their portfolios 💼, pulling funds out of US equities 🇺🇸 and other risk-on assets, including crypto. 🔄
3. WWIII Fears: 💣
- Geopolitical tensions 🌍 have escalated fears 😨 of World War III for the fifth time in 2024 ⏳. Such uncertainties drive investors towards safer assets 🛡️, contributing to the recent Bitcoin sell-off. 📉
4. Mt. Gox and Genesis Distribution: 💰
- The distribution of Bitcoin from Mt. Gox is nearing its end 🏁, with Genesis distribution now starting 🚀. Yesterday, over $1 billion 💸 worth of BTC was transferred, fueling market fears 😟 of an impending dump. 📉
💡 Strategies for Capitalizing on the Downturn:
1. Diversify Investments: 🌐
- Spread your investments across different asset classes 💼 to minimize risk. Diversification helps reduce the impact of market volatility 📉 on your portfolio, offering a cushion 🛏️ against sudden downturns. 💪
2. Buy the Dip: 🔥
- Look for fundamentally strong cryptocurrencies 💎 and buy them at lower prices 💰. This strategy allows you to accumulate assets 📈 at a discount, positioning yourself for potential gains 🚀 when the market recovers. 📉
3. Staggered Purchases: 🕒
- Employ dollar-cost averaging 📊 to gradually build positions over time ⏳. This approach mitigates the impact of short-term price fluctuations 💸, reducing the risk of making large investments at inopportune times. 🕰️
💪 Tips for Staying Strong and Resilient During Market Fluctuations:
1. Stay Informed: 📰
1. Rising Unemployment Rate: 📊
- The US unemployment rate unexpectedly rose 📈 to 4.3%, sparking fears 😱 of a potential recession 🏦. This sudden spike has rattled investors 😟, leading to a widespread selloff in both equities 📉 and cryptocurrencies. 💸
2. Japanese Yen Strengthening: 💴
- The Bank of Japan raised interest rates 📈 for the first time in 17 years ⏳, strengthening the yen 💪. This move has prompted global investors 🌍 to reallocate their portfolios 💼, pulling funds out of US equities 🇺🇸 and other risk-on assets, including crypto. 🔄
3. WWIII Fears: 💣
- Geopolitical tensions 🌍 have escalated fears 😨 of World War III for the fifth time in 2024 ⏳. Such uncertainties drive investors towards safer assets 🛡️, contributing to the recent Bitcoin sell-off. 📉
4. Mt. Gox and Genesis Distribution: 💰
- The distribution of Bitcoin from Mt. Gox is nearing its end 🏁, with Genesis distribution now starting 🚀. Yesterday, over $1 billion 💸 worth of BTC was transferred, fueling market fears 😟 of an impending dump. 📉
💡 Strategies for Capitalizing on the Downturn:
1. Diversify Investments: 🌐
- Spread your investments across different asset classes 💼 to minimize risk. Diversification helps reduce the impact of market volatility 📉 on your portfolio, offering a cushion 🛏️ against sudden downturns. 💪
2. Buy the Dip: 🔥
- Look for fundamentally strong cryptocurrencies 💎 and buy them at lower prices 💰. This strategy allows you to accumulate assets 📈 at a discount, positioning yourself for potential gains 🚀 when the market recovers. 📉
3. Staggered Purchases: 🕒
- Employ dollar-cost averaging 📊 to gradually build positions over time ⏳. This approach mitigates the impact of short-term price fluctuations 💸, reducing the risk of making large investments at inopportune times. 🕰️
💪 Tips for Staying Strong and Resilient During Market Fluctuations:
1. Stay Informed: 📰
👌
#MyFirstSquarePost Hello, Binance Square!
#MyFirstSquarePost Hello, Binance Square!
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Bit_Guru
--
Bikovsko
It took me 4 years in the crypto market to realize these things & you only need 2 minutes to read: 🤏
1. No matter the market condition, one thing stays the same: 8% of people will own 21 million Bitcoin.
2. Financial, capital, and risk management skills are 100 times more important than technical analysis or crypto research.
3. Earning while you sleep: There are many ways to make money in the crypto market without actively trading.
On average, #Bitcoin has increased more than 100% per year over the past 15 years. Yet, why do so few people make money? Because getting rich quickly is a common mentality. If you can't dedicate at least 4 hours a day to crypto, stick to Bitcoin and ETH—70% in BTC and 30% in ETH.
Trust no one: Trust leads to hope, disappointment, and errors. Learn independently and take responsibility for your actions. This is how to gain automatic minting experience!
The ultimate goal of investing: Make life more meaningful. If crypto investing can achieve that, do it. If not, reconsider.
Crypto is now a financial market: Originally born from technology, it's now influenced by macroeconomics and connected to mainstream financial markets.
People may discourage you from buying Bitcoin, but remember, once something is widely accepted, the opportunity might be gone. Seize your chance now!
Invest wisely, make meaningful choices, and let crypto pave the way to a better future.
#CryptoInvesting #ethbeta #Write2Earn! #BinanceTurns7 $BTC $ETH $SOL
1. No matter the market condition, one thing stays the same: 8% of people will own 21 million Bitcoin.
2. Financial, capital, and risk management skills are 100 times more important than technical analysis or crypto research.
3. Earning while you sleep: There are many ways to make money in the crypto market without actively trading.
On average, #Bitcoin has increased more than 100% per year over the past 15 years. Yet, why do so few people make money? Because getting rich quickly is a common mentality. If you can't dedicate at least 4 hours a day to crypto, stick to Bitcoin and ETH—70% in BTC and 30% in ETH.
Trust no one: Trust leads to hope, disappointment, and errors. Learn independently and take responsibility for your actions. This is how to gain automatic minting experience!
The ultimate goal of investing: Make life more meaningful. If crypto investing can achieve that, do it. If not, reconsider.
Crypto is now a financial market: Originally born from technology, it's now influenced by macroeconomics and connected to mainstream financial markets.
People may discourage you from buying Bitcoin, but remember, once something is widely accepted, the opportunity might be gone. Seize your chance now!
Invest wisely, make meaningful choices, and let crypto pave the way to a better future.
#CryptoInvesting #ethbeta #Write2Earn! #BinanceTurns7 $BTC $ETH $SOL