Rule number 3: buy at the sound of cannon and sell at the sound of trumpet
Trump's tariffs wipe out 2.5 trillion dollars from the stock market The S&P 500 and Nasdaq indices show their largest drop since 2020 and return to their levels before Donald Trump's electoral victory. The "7 magnificent" lose nearly 1 trillion in market capitalization.
American financial markets are gripped by a wave of panic, according to the latest sentiment and volatility indicators. As of April 7, CNN Money's "Fear & Greed" index shows an alarming level of 4 out of 100, marking an extreme fear peak rarely observed since the onset of the Covid-19 pandemic. For comparison, it was at 19 a week ago, 17 a month ago, and 58 a year ago, when risk appetite dominated the markets.
Rule number 2: If you panic due to the drop, it means you are too exposed to the market; in this case, reduce your positions. Wait for the next rebound or retracement to decrease your positions.
For your information, BTC is currently in its second major drop in 1 year and in an oversold zone.
📉 Rule number 1: patience The RSI of BTC is currently oversold Don't panic Just be patient See the decline as an opportunity to improve your average cost price (ACP)
📉📕American Bitcoin ETFs are experiencing a wave of capital outflows.
Exchange-traded funds (ETFs) on bitcoin in the United States have seen net outflows of $3.2 billion over the past eight days, part of a broader pullback affecting both cryptocurrency markets and traditional exchanges.
According to data from SoSoValue, bitcoin ETFs recorded only four days of net inflows this month, resulting in a net monthly outflow of $3.65 billion. This series of eight consecutive days of outflows matches that observed in August 2024, marking the longest withdrawal period since the launch of these funds.
A record was reached on Tuesday, with net outflows of $1.14 billion for spot bitcoin ETFs. The following day, BlackRock's IBIT, the largest bitcoin ETF by assets under management, experienced its largest daily outflow with $418 million.
On Thursday, net outflows moderated to $275.8 million, a relatively limited amount compared to previous days. BlackRock's IBIT continued to lead this movement with $189 million in withdrawals. In contrast, only Bitwise's BITB fund managed to attract capital, with net inflows of $17.6 million.
After these recent outflows, the total cumulative net inflows for all 12 bitcoin funds now stands at $36.85 billion, its lowest level since January 14. ETFs collectively hold $94.3 billion in net assets, representing about 5.7% of the total bitcoin market capitalization.
Animecoin (ANIME) is Coming to Binance HODLer Airdrops! Earn ANIME with Your BNB Retroactive Subscriptions on Simple Earn Note: When trading outside of Binance, please do your own research before any transaction to avoid any scams and ensure the safety of your funds.
Dear Binancian,
Binance is pleased to announce the 6th HODLer airdrop project: Animecoin (ANIME). Users who subscribed their BNB to Simple Earn products from 2025/01/17 00:00 UTC to 2025/01/20 23:59 UTC will receive the airdrop distribution. HODLer airdrop information is expected to be available within 12 hours, and the new token will be distributed to users’ Spot accounts at least one hour before trading begins.
🚨The market anticipates a decline in financial markets following the publication of the minutes of the FED meeting which indicate that the fed should slow down its rate cut prospects. This would be due to inflation which risks rising again because of the latest bad macroeconomic data. #fed #BTC突破7万大关 $BTC
For all BNB holders Start of Megadrop: 07/01/25 Starting at 01:00 (Paris) Listing will start on Binance on 17/01/25 #BinanceMegadropSolv #Megadrop #bnb
Bio Protocol (BIO)
– A Revolutionary Step for Biotechnology and Decentralized Science
Trading begins on January 3 at 11am What is Bio Protocol (BIO)? Bio Protocol (BIO) is a unique platform at the intersection of blockchain technology and biotech innovation. It provides tools and funding mechanisms to help biotech startups, researchers, and DAOs thrive. Their ultimate goal? Accelerate scientific research and empower communities to play a role in defining the future of biotech. How does Bio Protocol (BIO) work?
💄Binance is pleased to announce the fourth and fifth projects of the HODLer airdrop portal, Simon’s Cat (1000CAT) and Pudgy Penguins (PENGU). Users who subscribed their BNB to Simple Earn products from 2024/12/09 00:00 UTC to 2024/12/12 23:59 UTC will receive the airdrop distribution. The HODLer airdrop information is expected to be available in 12 hours, and the new token will be distributed to users’ Spot wallets 1 hour before trading begins.
Binance will then list 1000CAT on 2024/12/17 09:00 UTC and open trading for USDT and BNB pairs. The Funding label will be applied to 1000CAT.
Binance will then list PENGU on 2024-12-17 14:00 (UTC) and open trading for USDT and BNB pairs. The Funding label will be applied to PENGU. #AirDrop #Binance $1000CAT
🚨 S.4912 - BITCOIN Act of 2024 The American amendment that will change everything and allow the USA to buy 200,000 BTC per year for 5 years #BTC☀ #Binance $BTC