It's my view, my timing is that there will be a correction when BTC completes wave 5 of the big wave 3, followed by a big wave 4, I just draw the ABC symbol (this phase can last until September-October and then a big wave 5 (real bull-run)
Why do I predict the bull-run in September-October, because the peak of wave 3 (100 days) is similar to the previous cycle and there needs to be an accumulation period (but I think it won't be too long).
If the drawing is too difficult to understand, you can comment below so we can discuss
I just found out some statistics about the cost of mining BTC
Before the halving, this cost was only around 60k. After the halving, it did not jump to double because of the latency of real time data, and now it is almost double the cost before the halving. This cost seems to include the depreciation cost of their machinery
In case BTC drops more than 60k, surely most miners are ready to shut down and use that money to buy BTC So according to my reasoning, if there is a decrease of more than 60k, within 2 weeks the price will return to above 60k.
The third index in the figure, the smaller it is than 1, the better
Once upon a time, when the #Airdrop forrest are not so crowded, projects tend to giving out a chunk of their supply to users even though they don't do anything 😂.
Fast foward to present time, now projects basically said "Farm it Btch! Maybe you won't get it, maybe you will"
The #Airdrop meta have changed a lot now, some interesting insight I found is that now projects have to share up to 10% supply for CEX listing, hence reduce the amount of supply get distributed to "loyal users".
But nevertheless, the #Airdrop Frenzy will go on for the near Future after so many recent success airdrop like $TIA , $JTO , ...
Imagine $BTC is a ginormous cake, after "halving", this cake get smaller, specifically in this case, after a "halving" event, the ammount of new pieces coming out of the cake will be cut in half.
ETFs (Exchange-Traded Fund), just think of them as a big group of rich people want to buy this cake everyday. They are really interest in the cake and have the money to spend on it, hence the cake will get smaller and smaller in time.
I am not certain how things would work out, but I'm sure the value of the cake will rise up as the supply of the cake will gradually decrease after every halving event.
Some good signs is Grayscale's flow have reverse from selling to buying last week.
- I have been following this item since November 2023 and see them withdrawing to fresh wallet continuously (withdrawal amount from CB) and Upbit is the entity that acts the most on this item.
- MM once let the project float or intentionally let it drop (quite vague) before listing Binance and was almost x8 compared to the price in October-November 2023. MM, currently I see that Amber Group and Winter are doing a lot of action against Blur
- Talking about price, Blur's price reaction was at the crash on April 13 (possibly because MM supported the price, if we look further, it was right in the price range in November before listing Binance).
- The picture below is a typical example of 2 clusters of fresh wallets they withdrew from CB, the freshness of this cluster is on average about 22 days or less depending on each stage. If I consider October-November 2023, there will be a cluster of wallets with an "age" of 120-200 days, roughly like that.
I want to remind you to pay attention to $BLUR because it is one of the major NFT markets on the market that has quite good tokens and long-term holding.
@BounceBit the above customer #Megadrop has announced the withdrawal schedule. Photo below
Officially opened withdraw on May 13
For example, if you stake FDUSD and USDT into Premium Yield Generation
The withdrawal process will be Unstake -> Bridge -> Withdraw (takes a total of 8 days for money to return to the wallet).
You will receive FDUSD, USDT (initial asset stake) and a portion of yield
Currently, I see that on Megadrop there are more than 642K participants, so maybe everyone can drink some rainwater. But it's okay, convert your investment to ROI or APR and you'll feel lighter 😉.
* Anyone who buys BNB to stake on April 26 will probably be satisfied. My condolences, but there are still many opportunities ahead 🔥🔥
▶️ 15% for those who retake directly on EigenLayer and other defi like Pendle, this is divided into 2 Seasons + 5% (83.68M) for Season 1 (Phase 1: 75.91M, Phase 2: 7.77M) + 10% expected for Season 2
⛔I'm confused that this account is "non-transferable"
▶️ 15% for Community Initiative (I don't know what purpose it is used for, but it might be held by the team)
▶️ 15% for Ecosystem Development (also held by the team)
🟩29.5% for investors
🟩 25.5% for the team and early contributors
⛔ The total of these 2 amounts is locked for 1 year, vesting for 2 consecutive years, 4% per month (according to their blog)
Initial circulation is estimated at about 5% coming from Season 1. Estimated list price is around $18 or even $30, at this time MC is from 1.5B - 2.5B. Timing listing (transferable) around October, right at the foot of the bull-run I mentioned in the previous article.
I set this price because EIGEN is the leader in the Restaking segment, and it is not surprising that this valuation is during this crazy bull season. 😱
- Through f2pool, I currently see that there are 2 types of efficient miners $BTC through the "Electricity Cost Rate" index.
- They think that the higher this index is, the lower the miner's profit will be. - Through the picture above, there are currently 2 machines with this index below 50%. As you can see in the first picture, the Revenue of Antminer S21Pro is not as much as that of Antminer S21 Hyd. But it is more efficient in terms of electricity costs
- As for the second picture, I sort it by Hashrate, you can see that although Revenue and Profit are much higher, its electricity cost is higher than the two machines above.
- If correct, this is only the profit on the block reward and does not take into account the fees that miners receive from users. Rune has become less hot after the halving day so the fee figure may decrease.
-Breaken Price in the 2 pictures means that if the BTC price drops to that price, the miner will break even
⛔ I'm wondering if the Cost section they listed includes depreciation on the excavator or not. Let's wait for the next article
If you are concerned about miner costs, please comment below
I have had a profit like this, although it is not much, at this stage I have not suffered a loss on my initial capital.
The time I bought these tokens was not during the bull-run period of 11/2023, but because of constantly checking on-chain + analyzing related metrics (TA, Raise Fund, Team activities).
Comment on the token you are following so I can give my analysis on it , even $BTC $ETH $SOL #Uptrend #binance