đ„this is a Total 3 chart, as you can see from the image, altcoin have accumulation phase before the bitcoin halving event.
đ„accumulation have is own high and lows but as you can see, it more look like sideway charts. this is where you need to bag, especially when altcoins get hit with a lof of fud in the past few months.
đ„Bitcoin halving is expected to happen around 16 april, there is still so much time to build your bag with some top quality altcoins. So if you are reading this, i'm expected you to become rich in next bull market.
đ„my top picks altcoin is $ARB #mantle $BNB also im very bullish with zksync and layer zero.
đ„Alpha Tips : choose Altcoin with high TVL, User oriented, and keep up with their tech. Always check the user, dont trust those roadmap thing.
đTesla Keeps Holding $184M Worth of Digital Assets on Its Balance Sheet
đTesla remains committed to holding digital assets, even as the price of bitcoin has fallen sharply in recent months. In its second-quarter earnings report, Tesla said that it still held $184 million worth of digital assets, including bitcoin and ethereum. This is down from $232 million worth of digital assets that Tesla held at the end of the first quarter.
đTesla's decision to hold onto its digital assets comes despite the fact that the price of bitcoin has fallen by more than 50% since the beginning of the year. In June, bitcoin fell below $18,000, its lowest level since December 2020.
đTesla CEO Elon Musk has said that he believes in the long-term potential of digital assets, and that he sees them as a store of value. "I think bitcoin is on the verge of starting to scale," Musk said in an interview with Bloomberg in June. "It is a good store of value, and I think it is going to be a very important asset class in the future."
đTesla's decision to hold onto its digital assets is a vote of confidence in the future of the cryptocurrency market. It remains to be seen whether Tesla's gamble will pay off, but it is clear that the company is still bullish on digital assets.
Short story on Elon Musk Tesla with $BTC
đTesla first invested in bitcoin in February 2021, when it bought $1.5 billion worth of the cryptocurrency.
đIn April 2021, Tesla began accepting bitcoin as payment for its electric cars.
đIn May 2021, Tesla sold 10% of its bitcoin holdings, generating $272 million in cash.
đTesla's decision to sell bitcoin was met with criticism from some investors, who argued that the company should have held onto its holdings.
đTesla's CEO Elon Musk has defended the company's decision to sell bitcoin, saying that it was necessary to ensure that Tesla had enough cash on hand to meet its financial obligations.
đMusk has also said that Tesla is still committed to digital assets, and that the company may buy more bitcoin in the future.
đThe future of Tesla's digital asset holdings remains uncertain. However, the company's decision to hold onto its holdings in the face of a bear market is a sign that Tesla is still bullish on the long-term potential of cryptocurrencies.
đXRP PUMP, SEC AND THE METAVERSE INVESTMENTđ
The price of XRP has increased by 6% in the past 24 hours. This is likely due to a number of factors, including the possibility of a settlement conference between Ripple and the SEC, as well as Ripple's recent investment in the metaverse.
Key points:
đThe price of XRP has increased by 6% in the past 24 hours.
đThis is likely due to a number of factors, including the possibility of a settlement conference between Ripple and the SEC.
đRipple has also recently invested in the metaverse, which could be another factor driving the price up.
đThe SEC is currently suing Ripple for allegedly selling XRP as an unregistered security.
A settlement conference could help to resolve the lawsuit and could lead to a positive outcome for Ripple.
đRipple's investment in the metaverse could also be a positive sign for the cryptocurrency.
âĄïžConclusion : The price of XRP is likely to continue to fluctuate in the near future. However, the recent increase in price is a positive sign for the cryptocurrency and could indicate that more investors are becoming bullish on XRP.
đ„ In my opinion we are still in the sideway rectangle range. the range is between 29.5k until 31.5K
đ„ the last 4 candle is looking ugly for bitcoin, usually 30k area is never longer than 2 days. but now, we are 4 days in a row 30k area.
đ„ when this rectangle break either is it up or down, it will be huge movement. so i think stop futures trades except you are ready for big loss / profit
đ„ next area im looking for bitcoin is around 27.5K - 28K, very good area to DCA
đ„ if you dont have any bitcoin, just buy some instead of useless alts. remember, 4-5x return in current price is already better than any form of investment out there.
đXRP is winning againts SEC, but did you know about XRP??
â¶ïžXRP is a digital cryptocurrency and the native asset of the XRP Ledger. It serves as both a digital currency and a technology protocol for facilitating fast and low-cost international transactions. Here's some information about XRP:
â¶ïžSupply: The total supply of XRP is capped at 100 billion tokens. Unlike some other cryptocurrencies, XRP's supply is pre-mined, meaning that all the tokens were created at the inception of the network. The majority of XRP is held by Ripple Labs, the company behind XRP, but they have committed to placing a significant portion in escrow to regulate the token's release into the market.
â¶ïžNetwork or Chain: XRP operates on the XRP Ledger, which is a decentralized blockchain network. The XRP Ledger uses a unique consensus algorithm called the Ripple Protocol Consensus Algorithm (RPCA). This algorithm enables fast and efficient settlement times, typically taking only a few seconds, and has the capacity to handle a high volume of transactions.
â¶ïžUse case: XRP has primarily been positioned as a digital asset for facilitating cross-border payments and remittances. Its speed and low transaction fees make it attractive for financial institutions and payment processors looking to improve the efficiency of their international money transfers. Ripple, the company behind XRP, has developed payment solutions like RippleNet and On-Demand Liquidity (ODL) that leverage XRP's capabilities. However, it's important to note that XRP's use case is focused on the financial industry and specifically targets institutional use rather than individual consumer transactions.
â¶ïžIs it worthy to have some? Determining the worthiness of investing in XRP or any other cryptocurrency is a subjective decision that depends on various factors, including your investment goals, risk tolerance, and understanding of the market. XRP have a lot supply and no burn mechanism, also the XRP team is famous for selling their bag to market. If you see XRP for trading, it will be good idea. In investment context will XRP make it in bull market? Yes, even some sh*t or meme altcoin make it in bull market, But i dont expect XRP to perform good in next bull market.
âïž#bitcoin is in still in sideway area, even it reach at 31.8k at some point, but it didnt last long
âïž from 31.5k to 30k just happen in 2h and in 2 candle. this is whales selling by eating buy order book
âïž Total liquidation on futures in crypto market is almost $50M and ofcourse long short get rekt with this much movement at short time.
âïži think in next couple days, bitcoin can break 29.5K and soon we will break from this sideway area. im expecting 28K
âïž remember if you dont have any bitcoin, this is always the best time to have some through DCA. Instead of holding no user useless altcoin, just focus on Bitcoin that will 5x with 90% chanche, instead of useless alt that will 500x with 2% chance.
đ $XRP price pump almost 2x in the last few hours after announcement
đ $BTC and other alt coin following this pump.
đ Token that listed as sexurities by SEC most of them pumping like crazy with highest gain in $SOL #ada and #Matic
đšThings to remember with all of this pumps đš
đš Bitcoin is not yet break 31.5K 32K area, so we are not in bull market
đš XRP just win partial. they still have to deal with those token that sold to institusions (SEC see this as a securities)
đš what's Next? in my opinion SEC will be coming for altcoins that sold coins to institutions, and will be charge some from them. this is will be big FUD for that altcoins.
it's not yet bull market, we aren't trade above 32K. Just stay sharp đ
GET AN AIRDROP EQUIVALENT TO 2 YEARS' SALARY!đ€đ€ What is an Airdrop? đ€
đ„Hi friends, after my experience of getting airdrops from various crypto projects such as APTOS, ARBITRUM, SUI, and so on for thousands of dollars, here I will share a little about AIRDROP:
đ„Airdrop is the process of distributing crypto coins for free to users who meet certain requirements.
đ„Airdrops are used as a marketing strategy to increase the popularity and adoption of crypto projects.
đ„Airdrop requirements are carefully selected and can vary, such as holding certain coins or carrying out activities on crypto networks.
đ$MATIC is PUMPINGđ is it the best time to buy??
âïž #matic is currently still in down trend, as you can see from the recent movement is still making higgher lows
âïž matic have resistance in 0.73 that's also MA50 area and support around 0.51
âïž 0.51 is best area for accumulation, but remember, those because SEC FUD about matic being securities and robinhood delist them
âïž i think 0.51 is the lowest matic can go, i dont see any upcoming fud about matic in the future, especially SEC Attack on altcoins seem calm now.
âïž No need to worry about matic fundamentals, a lot of web2 giants transitioning to web3 through matic. Also, matic ZK-Evm is coming.
âïž im bearsih for matic for the short terms, bcs it need to form reversal pattern before going up. but in long term, im bullish đ
âĄïž#bitcoin is heavily sideway rightnow, with support price 29.500 and resistance in 31.000 (in the orange box)
âĄïžBitcoin still trade upper 200 MA, so we are still in a up trends
âĄïžthe longer this sideway goes the bigger or massive the move is, so i believe futures trade is not good both for bitcoin and altcoins
âĄïžBitcoin dominance currently facing strong resistance around the orange box, its match with bitcoin resistance. so with this 2 area strong resistance is the gate for bitcoin back to bull market.
âĄïžim expecting $BTC will have a massive move after the ETFs Bitcoin spot approved
âĄïžif you dont have any bitcoin, this is actually a good price to have some bag with DCA Technique.
âšïžBNB is currently pumping because the #arkham sale on binance #launchpool so no wonder BNB doing very well here
âšïžthis 4h chart showing BNB still have strong resistance in $257 area. So expect to short or sell in that area when launchpad snapshot for BNB is done.
âšïžBuying BNB close to support is always right, because in the last 6 months, Binance doing launchpad frequently, so it's a win win to buy bnb at cheap price and get a token from launchpad
âšïžthis 1D chart showing its still worthy to buy BNB at this price, because you can see how far the price from the daily 200MA. So its the most "right" time to accumulate using DCA strategy.
âšïžon short term, im bearish for BNB, but for long term, im always bullish on #BNB
1. Bitcoin dominance (BTC.D) this chart showing bitcoin dominance to the whole crypto market. The higher the amount, altcoin and friends will be in blood bath.
2. Altcoin Dominance (TOTAL2) this chart showing Ethereum + other altcoin dominance to the whole crypto market. Usually if this chart pumps, we expect bitcoin dominance dumping, but bitcoin price will be steady.
3. Altcoin dominance -ETH (TOTAL3) this chart showing pure altcoin dominance w.o Ethereum. purpose? just to see how other altcoin performing.
crypto market cap = BITCOIN.D + TOTAL2
Simply search the ticker in tradingview, and you will find the charts. You understand how this 3 charts work, and you will become millionaire in the next bull market.
đARB have many whales accumulating đ ARB is governance token, soon it can be releasing chain with arb as a gas fee (very possible) đ ARB is the highest TVL on layer2 đ ARB is developed on bear market, and not yet reach its full potential đ this is the best time to accumulate ARB
đ„Technical
âïž $ARB have a very strong resistance in 1.27 area, from all time high around 1.8 âïž #arbitrum have a strong support in area 0.91. âïž $ARB is creating sideway chart, with middle line support and resistence in 1.05, this is very good area to have some âïž try to create limit spot order in 0.92, since it will not touch the exact support area, buy higher instead of get nothing.
$ZRO airdrop is around the corner, be ready and dont forget to bridge in stargate finance and use other layer zero products
here is some github profile on layer zero, look at the files nativeOFTwithFee, those contract is indicating in upcoming stargate finance v.2 will be using $ZRO token for fees.
it's become more clear that Layer Zero will be have token, but what about airdrop? what can i say is, just keep actively interact in layer zero product, i believe those who interact with ecosystem, will be rewarded. This interactions need gas fee in each blockchain so do your best and good luck!
âïž #solana is currently in the resistance area even though most altcoins are near the support level
âïž $SOL is currently forming a descending channel which is indicated by the orange diagonal line
âïž This is a suitable area if you trade futures and are looking for a short position. but remember to set a tight Stop Loss & use small leverage. Area 23 - 27 is a good entry area.
âïž It is not yet known what makes #solana rise, however, you need to be careful when trading short futures. because the rising sentiment is not yet known.
âïž If spot accumulation, it's better to be patient for Solana because it is currently in resistance
#Ethereum trade idea and why you should accumulate rightnow
đ $ETH have strong support on daily ma 200 , 1850 is very good area to buy, there is also classic support there
đ $ETH have strong resistan around 1926, so expect heavy sell pressure
đ $eth talking about fundamentals and tech there is no doubt, eth is heavily used in DEFi, NFT, Liquid staking Derivative (LSD) And Layer2 Solutions.
đ Ethereum is very great to DCA around this price, event it almost close to 2k, personally i think ETH still cheap
đ My Target for $ETH in next bull market, can achieve $10K. Especially with bull run naration on layer2 adoption, where ethereum is heavily used.
What will happen to Layer 2 solutions when Ethereum achieve Sharding?
Layer 2 solutions can still be useful even if #Ethereum has become faster and cheaper. They can add additional scale and efficiency, making transaction fees even lower and transactions faster. #Layer2 solutions may still be used for dense applications or for specific use cases that require larger scales than Ethereum can handle.
Layer 2 solutions might have specific roles in handling particular use cases that need unique features or functionality. For example, there are Layer 2 solutions optimized for DEX, games, or privacy-focused applications. Even if Ethereum becomes fast and cheap, developers may still choose Layer 2 solutions that have specific features or are better suited to their needs.
The Ethereum ecosystem is vast and diverse, and Layer 2 solutions can contribute to this growth and diversity. Different Layer 2 solutions have their own strengths, compromises, and community support. Even if Ethereum becomes scalable, developers and users might prefer specific Layer 2 solutions based on their preferences, needs, or existing infrastructure.
Layer 2 solutions could serve as a bridge during the transition to a fully scalable Ethereum network. As Ethereum evolves and improves, it may take time for all applications, developers, and users to shift to the new infrastructure. Layer 2 solutions could serve as an interim solution offering better scale and efficiency while the Ethereum ecosystem adapts to these changes.
The development and adoption of Layer 2 solutions are ongoing processes, and their future depends on various factors, including the development of Ethereum itself and the needs of the user and developer community.