$PEPE We can see that the OBV (On-Balance Volume) indicator is showing a downward trend, which usually means there is greater pressure from sellers. In this case, the price fell even without a significant increase in trading volume, showing a lack of market confidence in the asset.
$PEPE It’s true that retail investors have a relationship of frenemies and friends with each other. I also hope that those who buy can quickly take advantage of the decline and get out of the car. Please, please 🙏
Currently, the BTC on-chain indicator is down to 0.527, historically:
On February 2, 2017, the BTC chain indicator dropped to 0.527; On December 21, 2020, the BTC on-chain indicator dropped to 0.527.
It is worth mentioning that these three times were all shortly after the currency price broke through the previous historical high.
The upper black line in the figure is the BTC price; the lower orange line is the ratio of the price spent by long-term BTC holders (holding the currency on the chain for >155 days) to the price spent by short-term BTC holders (holding the currency on the chain <span days) for 90 days. Moving average.
Note: Spent Price refers to the weighted average purchase price of BTC sold by holders on the chain within a period of time.
$PEPE Friends who want to sell, please sell quickly and you can protect your capital. But according to the status displayed by the K-line and OBV index At present, it seems that there is a divergence between volume and price. I just don’t know how to sell it myself 😝
I hope everyone can make money, come on
*The above is only my personal opinion and does not constitute investment advice. 🐸🐸🐸
$PEPE There are 29 days left before the Bitcoin mining revenue is halved. I would like to know which of the following friends here is your preferred financial management method:
🐸 Stock up on spot goods - trade infrequently, keep it simple 🐸 Spot - short-term entry and exit, safe in pocket 🐸 Leverage/Contract - Three years after opening
My own personal understanding is that BTC has fluctuated significantly recently, and PEPE will amplify the amplitude of the shock caused by BTC. In addition, PEPE has a low face value and a large quantity, and the purchased spot will fluctuate very quickly as if it is leveraged. Therefore, based on the above, After thinking about it, I think I prefer PEPE standing in the middle “I should wait for the perfect time”
$PEPE Dear friends who buy spot goods Will you put the purchased Pepe coins on Binance Banking to earn 9.0x% daily ARP interest?
I put it in myself. Although I knew that after I put it in, Binance would lend it to the Air Force, I still felt very happy when I received the free spot every morning 🤣
$PEPE I think that if you open a position at 0.00001 or below and hold it for at least 5 years, it should be quite impressive. After all, PEPE looks very distinctive. Whether it looks good or not is a matter of opinion. At least it will leave an impression on you.
As long as you hold these little guys before the #BTC Bitcoin income is halved, it should be quite safe. Now it is just a temporary withdrawal of the market. It does not mean that Bitcoin has already halved its income. Please continue to hold your position. Waiting for the day when the rocket 🚀 comes back. 🤣🤣🤣