#Write2Earn

👉Abbreviated by the phrase Fear Of Missing Out, FOMO is a psychological effect in which people who have it are often afraid of missing out on opportunities.

For example: BTC is pumping strongly from $20,000 to $20,100 and then $20,300 in a short time. FOMO people will think it will go up even more. FOMO Long BTC entered at $20,300 and then BTC immediately turned back to 20,000 or lower > account burned.

🔥If the market fluctuates strongly, you should ignore it, stay outside and watch or go to sleep.🔥

According to D1: BTC's internals are not good (EMA + MACD both give similar signals)
Furthermore there is a Divergence RSI signal. The possibility of a strong market correction in the near future.

1W: Clear sideway signal. In my opinion, the peak sideway has a high possibility of a strong correction.

Please stay tuned for another 1 or 2 days, everyone.

The economy 🇺🇸 added 216,000 jobs in December, exceeding forecasts. The unemployment rate remained at 3.7% and average hourly wages increased 0.4% over the previous month

This data will certainly disappoint many AEs who are expecting the FED to cut interest rates soon this year. The market is expecting 6 interest rate cuts with a total of 150 basis points (~1.5%), starting from March 2024. This number is double the three cuts predicted by the Fed in its December meeting

Gold reacted negatively while USD soared. Bitcoin did not react, busy waiting for ETF news today or early next week

Everyone pays attention to this period. It is very likely that btc will return to 41k

What do you think about ADA?I

As after researching from the communities, I found the following opinion:
I think it will be out of the top 50 by then and worth only a few cents.
Cardano is a very hypothetical experimental project that never really made something that really worked as promised. They have way to many Cardano coins, 45 billion, projects with more than 1,000,000,000 coins never grow fast in value per coin. In my opinion you can better sell your $ADA asap and buy projects that actually accomplished what Cardano only promised with way less resources, like Solana and Syscoin.

Binance will support the Kava (KAVA) Ethereum Virtual Machine (EVM) integration.

Please consider purchasing #KAVA

"CARDANO - A STRONG FOUNDATION CAN BUILD A TALL HOUSE"

✅ Strengths of the project:

1️⃣ The first Blockchain to follow the direction of scientific research. Algorithms and initiatives on Cardano must go through a verification process before being posted to the network.

2️⃣ Cardano owns the largest team of programmers in the existing blockchain system

3️⃣ Cardano was born to solve the blockchain trilemma (blockchain trilemma) as follows

- About security: Cardano has invented the Ouroboros consensus algorithm, the algorithm allows each ADA in the network to have 1 nominated ticket, the system will randomly select 1 ticket and give the pool that owns that ticket the right to close. package that block and receive the block reward. Cardano improves the UTXO model on the Bitcoin Blockchain to eUTXO, this model is acknowledged by Vitalik Buterin himself as being more scalable and decentralized than the Accounting model that ETH is using.

=> Since the launch of the Cardano blockchain, there has never been a single hack and it has never stopped for a second.

- About decentralization: Cardano is the blockchain with the most transaction validation pools among blockchains. Pools are built so that there are not too many ADAs per pool (<60M), avoiding excessive concentration. Without exaggeration, Cardano is like a country and each ADA holder is a citizen, they can participate in operating the country (operate a pool or give the right to authenticate transactions to a pool they trust). , they have the right to participate in voting for built projects and proposals on the network through catalyst funds. Being in the Cardano ecosystem, I see myself as a valuable member

According to technical analysis on the 4D and 1W time frames, I don't think there is too much worry about the market.

Although it seems like an adjustment is about to take place.
Please follow me, I will update technical analysis information for you.
Thank you
#BTC!💰

Enjoy your weekend!!!!

From yesterday to today, an additional $2 billion has been minted into the exchange.
=> expected to push BTC again.

Like the previous times of printing money, there is often a shaking phase before pushing. If you have fomo, you should find a good position and then enter the order.

BTC pumps at this rate -> dom will pump accordingly -> altcoin may not stand still for a moment

Which cryptocurrency do you think will grow strongly between now and the uptrend?

Personal opinion:

- The market will adjust to 35~37K because no market can increase continuously.

- History always repeats itself, adjustments are needed

- The craziest thing is to reach 60k, but I like this. Currently, there are still many hot products such as kava, radiant, and link