#MyFirstSquarePost New to Binance Square, thrilled to share | MrAltoid on Binance Square

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#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
Hello , crypto professionals, on this should I hold or wait for the coin to rise again ? 😭😭😭

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Daily or 30-Day Account PNL Now Buy or Sell Dogecoin? Dogecoin (DOGE) has again drawn market analysts' attention, with Santiment reporting a “blood in the streets” moment. The firm's newest analysis, released on January 8 via X, shows negative MVRV (Market Value to Realized Value) ratios for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Dogecoin. “Average trading returns are a great representation of whether ‘buying low’ or ‘selling high’ is actually the right timing,” Santiment said, adding that on-chain analytics indicate that many crypto assets are oversold. The -8.89% MVRV ratio for Dogecoin shows that investors who bought DOGE in the previous 30 days are sitting on significant losses. Compared to Bitcoin's -3.73%, Dogecoin's short-term holders are further in the red. Ethereum (-7.71%) and Cardano (-6.69%) are also down, although their holders are doing better than Dogecoin. DOGE's MVRV is the most negative of the four, thus market stabilization should boost its rebound bounce. It also increases risk if crypto sentiment continues weak. As Santiment highlighted, traders look for negative MVRV to “buy low,” but this does not guarantee quick gain. Santiment's study highlights macroeconomic factors' acceleration of the crypto market's sell-off. Following surprisingly strong economic indications, the 10-year Treasury rose to 4.67% on Tuesday, January 7. The higher-than-expected ISM Prices Paid Index, which may indicate inflation, and a surprising JOLTS job postings increase caused market worry. Contrasting signals make trading difficult. Santiment's indicators suggest favorable historical circumstances for investors, particularly DOGE at -8.89% MVRV. However, ambiguous macro indicators like Treasury rates and inflation might slow any comeback. Santiment is cautious: “Do not assume these opportunity zone signals will lead to an immediate turnaround. Crypto is likely to come around soon, providing no economic or geopolitical issues arise. #Dogecoin‬⁩ #CryptoMarketDip #doge⚡

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$BTC Thinking of Switching from USDT to USDC? Here’s What You Should Know! 🚀 As the crypto market evolves, you may be considering a move from USDT to USDC. With recent regulatory changes—including USDT being delisted in Europe—now might be the time to reassess your stablecoin strategy. Here's a quick breakdown of the key factors to consider before making the switch: 1. Liquidity Impact: While USDT is a major player in liquidity, Europe’s delisting could shake things up. Keep an eye on liquidity trends to stay ahead of market shifts. 2. Market Confidence: USDC is seen as more transparent and regulatory-friendly. However, switching means losing some of USDT’s global reach, which could affect your trading strategy. 3. Trading Pairs: USDT still dominates in trading pairs across the globe, even with regional restrictions. Choose a stablecoin that aligns with your trading needs. 4. Regulatory Environment: With USDT facing increasing regulatory scrutiny, USDC is emerging as the preferred option for compliance. Stay informed about the evolving regulatory landscape. Pro Tip: Watch for transaction fees and available trading pairs. Diversify your stablecoin holdings to reduce risks. Final Thought: Switching stablecoins is more than just a response to regulations. It’s about liquidity, market trends, and aligning with your long-term trading goals. Stay informed and adapt your strategy accordingly! 📊

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$BTC stop doin future trade for some hours .market highly volatile

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$BTC How do you feel about BTC #Binance

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#NFPCryptoImpact NFP report can affect the crypto markets in many ways. If the report reads that the US economy is adding jobs at a faster rate than expected, it would be a positive read for the overall economy that may cause investors to buy cryptocurrencies as an inflation hedge. The price of crypto would soar due to this. #BTC

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