#Trading on #Memepad is EXTREMELY risky. You can lose ALL of your money.
Today we have a perfect example of how it can happen. And how you can #PROTECT YOURSELF
Example A. What do you see? A rising token! š The token almost Blumed and got listed on a DEX. BUT! When you DYOR and dive a little deeper (like checking #TON Viewer š), you see: š Top #Holder Warning: One wallet holds almost all the free supply. This means the holder can dump the tokens at any moment, crashing the price and lea
INSIGHTSā¹ļø Topic: Altcoins Today. What to expect?
At the moment, almost all altcoins have reached zones where they should react and grow. Yesterday, I was saying that I was expecting this drop, as the market was very obvious. Right now, the situation doesn't give much hope, but we are near the zones. If we don't get a reaction, it could become very dangerous. Even a slight drop in $BTC Bitcoin has a very negative impact on the altcoins. Of course, the situation could change sharply for the better, but as of now, I'm just saying what is. We'll
BTC to $100k? ACCURATE ANALYTICS for investors šš„
What to expect? $BTC has reached a resistance zone. Now, the most interesting part - I don't expect growth above $73,900, I don't think we will break through that strong zone right away. I'm expecting a reversal from the $68,300-$73,900 zone, but up to $78,141 is a reversal zone. If we suddenly grow above $78,141 and establish there, thereās a chance to grow up to $100,000. I'll show those zones later, so you will be able to see how much we can push in that scenario. For now, that's it. As for
Bitcoin is over $67,000, and the greed index is 73, which is very high, and its dominance is increasing without stopping.
This means people are taking money out of altcoins and buying Bitcoin because they think Bitcoin will continue to rise, which is why Bitcoinās greed index is at 73.
At such a high greed index, the market wants a correction, and they canāt push it up much further.
If Bitcoin drops now, altcoins will be in a miserable stateā¦
This information is for traders who work with altcoin fluctuationsākeep that in mind.
As for investors, I think the market will offer good opportunities to buy crypto again. If Bitcoin drops a few thousand dollars, many altcoins will be at excellent prices to buy.
So if you're planning to buy, you might want to wait a little for better prices.
I hope this was helpful.
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