Cardano (ADA) is about to usher in the Chang hard fork, which marks one of the important upgrades in its history. 72% of the network nodes (SPO) are ready for this upgrade by installing the latest Cardano Node 9.1.0 software.
The upgrade aims to transfer the management responsibility of the blockchain from the development company IOHK to ADA holders, promote decentralized governance, and usher in the Voltaire era. Some cryptocurrency exchanges, such as Bitfinex, are ready for the upgrade.
The Chang hard fork is expected to be completed by the end of August. Currently, 72% of SPOs are ready, which has driven the price of ADA up. In the past 24 hours, the market value of ADA has increased by 0.90%, and the current trading price is $0.3477.
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Shiba Inu (SHIB) provides a buying opportunity, the rebound may be late, but it will never be absent
As the second largest meme coin, Shiba Inu (SHIB) failed to escape the market crash on August 5. Although it subsequently rebounded, it fell short of the significant gains expected. However, the current price may represent a rare discount opportunity.
According to on-chain data, the divergence between SHIB’s price and Daily Active Addresses (DAA) indicates that a buy signal currently exists, with the DAA divergence at 12.17%. Additionally, the market value to realized value (MVRV) ratio of 0.69 suggests unrealized losses are higher than profits, which could be an opportunity for accumulation before a significant rebound.
A sharp reversal is unlikely in the short term
Despite the bullish on-chain data, technical charts show that SHIB remains in a descending channel, indicating a bearish continuation. The price is currently consolidating between $0.000012 and $0.000014 and if the selling pressure intensifies, it could test the lows of $0.000010. If buying pressure increases, the price is expected to rise to $0.000017.
tru's next monthly line has to break through the screen, countdown three days, are you ready? rwa concept small market value full circulation invincible background #第一目标1刀 #第二目标3刀 #第三目标5刀 listen to my command when leaving I will take all fans ashore! It's still the same sentence, this period of time is a good time node, you can consider layout Observe wif, pepe, bome, floki, ena...... Don't worry, and... If you take the initiative to tease me, I will take you ashore, you just lie down Lao Xiang will not let Lao Xiang's fans miss out in this bull market! ! !
【About #pepe的离场位置 】 Read first and then like, make it a habit! Holding coins requires perseverance. My average price is 0.000005 Pepe, and I have prepared three exit positions in my mind! The first position: around 0.000038 The second position: around 0.000052 The third position: around 0.00007 I personally think that the first two positions are more likely to be reached in this round of bull market, and the third position is an ideal position! When are you going to leave? Or hold it for two years? What is the next MEME ambush? #pepe能不能拿 ¥
Yesterday, my friend used the on-chain indicator URPD to study the dealer's methods of $Bome. It was interesting to find that there was a super high chip column at the position of 144 US dollars. We discussed how to digest it. Today, Bome rose like this. He said that he remembered what I said, "There are 10,000 methods of dealers to wash the market." This is correct, but, to be more precise, it is the smart dealers who have 10,000 methods of washing the market. There are also many stupid dealers, such as insufficient gas fees when pulling the market, or accidentally smashing the market down by giving the wrong instructions. But there is a force in the market that is always very stable, that is, the leeks who are constantly being cut, and their behavior is very stable and consistent, buying high and selling low, chasing ups and downs, always taking over at the top of the mountain, and always with tears in their eyes. Therefore, it is better to study the behavior of leeks than to study the dealers. The above is my blood and tears lesson from watching the market for 20 years. The real top is bought by leeks, and the real bottom is smashed by leeks. When the leeks are rising too much, they will go all in. After a large increase in volume, all the leeks will go in, and there will be no successors, so the top appears. After the infinite negative decline, there was a large drop in volume. The leeks who couldn't hold back finally cut their losses. However, after cutting, there was no selling in the market, and the bottom was reached. So the leeks sighed to the bright moon, why do the dealers always remember my three melons and two dates? In fact, the dealers were singing K and drinking, and didn't know what happened. As the market pulled up, the dealers took advantage of the situation to pull up, and the leeks kept rushing in, so it rose sharply, and then the leeks looked at their own pull-up results and thought devoutly, this coin is really TMD amazing, I didn't buy it wrong! So faith was generated. As soon as the market crashed, the leeks were trapped one after another, and they discussed in the group every day, when will it rise? What good news will there be later? Where are the project people? Come out and speak to comfort people! Every day when I get up and go to bed, I think about this matter, so a consensus is generated. So there is this classic paragraph: Faith is gained by rising! Consensus is gained by being trapped! #bome