Cryptocurrency day trading is the active trading of crypto assets with the aim of profiting from short-term price fluctuations within a single day. In the highly volatile cryptocurrency market, this approach attracts traders with its potential profitability. However, this trading style requires knowledge, experience and psychological preparation. In this article, I want to consider what day trading is, its advantages and disadvantages, popular strategies and necessary tools.

Supply and demand zones are areas on a price chart where price changes its movement due to the activity of buyers and sellers.
The demand zone is the area where the price stops after falling and starts to rise. There are many buyers here who are ready to buy the asset, which causes the growth.

If you trade crypto or are just about to start, a terminal is something that will make your life much easier. It is a professional tool that helps analyze the market, manage transactions and reduce risks. Let's figure out how it works, what terminals there are and what to pay attention to when choosing.

When people talk about clusters, they are talking about a way of analyzing the market that focuses on orders and trade volumes. Clusters show where large volumes of trading are occurring on the chart, as well as how those orders are distributed.
Sounds complicated? Actually, it's not that complicated.

If you are already somewhat familiar with cryptocurrency and trading, then you have most likely heard of the term footprint. It is one of the tools that helps traders understand what is happening in the market in real time. But what exactly does it show, how does it work and why is it worth paying attention to?

The cryptocurrency market is a place where prices can fluctuate significantly over a short period. In such a volatile environment, information often emerges that can be misleading or induce panic. This is what is referred to as FUD — fear, uncertainty, and doubt. FUD can seriously affect your perception of the situation and decision-making if you do not learn to recognize unreliable information.

The order book is a tool used on cryptocurrency exchanges to display all buy and sell orders for cryptocurrency. It shows what prices buyers and sellers have set, and helps understand where the market is heading.
The order book is divided into two parts:

Trading cryptocurrency is like an ocean, where small fish and huge whales swim. Whales are large players who control huge volumes of assets and often influence market movements. By understanding how they act, you can use their strategies to your advantage. In this article, we will explore how to read volumes and follow large players to profit.

If you want to become a successful trader, it's important to understand not only price movements but also trading volumes. One of the most popular indicators for volume analysis is OBV (On-Balance Volume). Despite its complicated name, using it is quite simple. Let’s figure out what it is and how to apply it to find the best moments to enter and exit trades.

I registered on the exchange a long time ago... there were attempts to start something, there were breaks... but my activity this year has been at its peak!!!!
In the past year, my journey in the crypto world has been full of discoveries, mistakes, and honestly, moments when I wanted to give up everything. But it was these moments that taught me the most important lesson.

Today, many investors face the issue of investing in cryptocurrencies and tokens, including scam tokens, which cannot be sold in the future. In this article, we will explore what scam tokens are, how to identify them, and why they cannot be sold.
Three main signs of scam tokens:

If you ever hear that someone "launched a trading bot," you might think it's something complex and incomprehensible. But in reality, cryptocurrency bots are just programs that help people trade. I will explain in simple terms what they are and why they are needed.

#bitcoin ETFs allow investors to gain exposure to the leading cryptocurrency without having to actually own it.

A bitcoin exchange-traded fund (ETF) lets traders gain exposure to BTC via traditional stock markets, without needing to directly buy or sell the digital asset on a #cryptocurrency exchange.

A bitcoin ETF is an exchange-traded fund that specifically tracks the price of the leading cryptocurrency and allows traders to purchase or sell the security on a stock exchange throughout the day. They can be cash-settled or physically settled, meaning investors will receive either fiat #currency or actual bitcoin upon exiting, respectively.

ETFs are regulated traditional financial products and can be bought through a number of retail-friendly mobile trading apps, including Robinhood, Trading212, TD Ameritrade and Fidelity. The most popular ones track major stock indexes, such as the Standard & Poor’s 500 Index, or other traditional assets and commodities like oil and gold.

Bitcoin ETFs have been a hot topic in the #crypto space for many years, ever since the Winklevoss twins’ “COIN” bitcoin ETF filed with the U.S. Securities and Exchange Commission (SEC) in 2013 was rejected. It was widely believed that a bitcoin ETF would usher in a new wave of institutional investment into the crypto industry, bringing much-needed maturity and stability to the market. Seven years on, however, the SEC still has yet to approve a bitcoin ETF despite dozens of proposals from multiple companies including a second Winklevoss Twin ETF in 2018, one from Bitwise, five from Direxion, two from GraniteShares and many more.

The main arguments given by the SEC for these repeat rejections have been that the bitcoin market is too volatile, lacks sufficient surveillance and is too easily manipulated.

Things may be about to change, however, as Canada’s financial regulator, the Ontario Securities Commission (OSC), recently approved the world’s first two bitcoin ETFs in quick succession. The Purpose Bitcoin ETF (BTCC) and the Evolve Bitcoin ETF (EBIT) are both physically settled ETFs and have applied to be listed on the Toronto Stock Exchange. TradeBlock, a CoinDesk subsidiary, is the index provider for the Purpose ETF.

With the arrival of a bitcoin ETF in North America, many are optimistic the SEC will follow suit soon in the United States especially if Gary Gensler, former commissioner of the Commodity and Futures Commission (CFTC) and MIT blockchain tutor, is confirmed by the U.S. Senate to replace former SEC Chairman Jay Clayton.

“My guess is we get an ETF this year,” says Mike Novogratz, CEO of Galaxy Digital and former colleague of Gensler at Goldman Sachs in the late 1990s.

Gary taught a class on blockchain at MIT and on crypto. He understands it cold. He’s progressive, right? And progressives broadly are going to go after ... the rent takers. Crypto is not a rent taker... Crypto is trying to disrupt the rent takers.”

Bloomberg Senior ETF analyst, Eric Balchunas, tweeted his support for the new bitcoin ETFs, adding, “U.S. usually follows shortly after. Good sign for U.S. bitcoin ETF.”

Sui Chung, ceo of CF Benchmarks, also anticipates pressure will now be on the SEC to follow suit. “Now that the OSC has said that if a product is well constructed enough the crypto market is sufficiently mature for these types of financial products, the industry's attention inevitably turns south of the border to the U.S.”

$BTC