😂 Memes: «My trading strategy...» | BEESYST på Binance Square

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😂 Memes: «My trading strategy...»

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📈 Prediction (LTC and ARB): 🤫 BTC/USDT - Bitcoin's price has come under the influence of general market trends, leading to a sharp decline. In the past few days, #BTC has dropped from $61,500 to around $54,500. This is the first time since late February that the cryptocurrency has fallen below $55,000. The formation of a double top suggests that BTC could potentially drop to $50,980. If Bitcoin's price reaches $50,980, it would mark a 17% decrease from the recent level of $61,483. For recovery, the price needs to establish itself above $55,000 again and turn this support level into a base. A breakout above $58,800 would invalidate the bearish scenario. 😕 ETH/USDT - Ethereum's price has fallen by 14% in the past few days, dropping from $3,450 to $2,921 at the time of writing. #ETH has also lost critical support at $3,000 and nearly hit the $2,800 mark as an intraday low. As a result, the cryptocurrency has lost all the gains made during the mid-May rally when ETH confirmed a descending wedge pattern. Although further declines in ETH are not expected, the altcoin is likely to oscillate between the Fibonacci levels of 23.6% and 38.2%. Breaking through the latter will take some time but will confirm recovery. If the price can establish itself above $3,500 and turn it into support, the threat of further declines will completely disappear. 😴 XRP/USDT - #XRP was no exception, with the altcoin also falling by 14% and breaking support at $0.45. When the asset hit lows of $0.41, the bearish sentiment appeared to peak. This is evident as the Relative Strength Index (RSI) dropped into the oversold zone. Oversold conditions are synonymous with recovery, as losses reach their limits, hindering further sales. This signals the potential for an XRP rebound. The price could reclaim the $0.42 support level as early as this weekend. However, the bearish trend will be nullified only if the altcoin rises above $0.46 again. 💪 Please share this overview with others!

📊 Crypto Reports (July 4, 2024): 1️⃣ Artemis: Among all sectors of the cryptocurrency market, NFTs performed the worst in June. The capitalization of the #NFT sector plummeted by 50.9%, reaching $591 million. Additionally, sales volumes of non-fungible tokens fell by 46.03% during the month, hitting a low of $480 million. 📉 2️⃣ DeFiLlama: On July 1, the daily revenue on Pump.fun, a Solana-based meme token launch platform, soared to $1.99 million. This figure surpassed the daily revenue of the Ethereum network, which stood at $1.91 million. 🚀 3️⃣ River: By the end of Q1 2024, 13 of the 25 largest US hedge funds owned Bitcoin-based products. Research indicates that 534 organizations, ranging from hedge funds to pension and insurance companies, with assets exceeding $1 billion, have invested part of their funds in BTC-ETFs. 📈 4️⃣ CryptoQuant: Chinese #mining pools currently dominate the market, accounting for nearly 54% of it. ⛏️ 5️⃣ Galaxy: In the second quarter, the crypto industry attracted $3.2 billion in venture capital, a 28% increase from the previous period’s $2.5 billion. 💰 👍 If you haven't subscribed yet, make sure to do so, or leave a like!

Top 7 Meme Tokens for Beginners: How to Start Investing

🤖 AI News (July 4, 2024): 1️⃣ HBR: The integration of #AI into the workflow makes employees feel isolated and can reduce productivity. 🤖 2️⃣ LinkedIn: #Meta plans to introduce more generative AI technology into games, including virtual, augmented, and mixed reality. To achieve this, the company needs a leader for its metaverse division. 🎮 3️⃣ Reuters: #China significantly outpaces other countries in the number of patents in the field of generative artificial intelligence. 🇨🇳 4️⃣ SCMP: Chinese scientists have developed a robot with a lab-grown artificial brain that can be trained to perform various tasks. 🧠 5️⃣ kyutai: The non-profit organization Kyutai unveiled the voice assistant Moshi at an event in Paris. The developers claim their system can speak with 70 different emotions and styles, offer advice on climbing Everest, and even recite its own poetry. 🎤 👍 If you found this information interesting, please consider subscribing, leaving a like, or sharing your thoughts in the comments below!

🪙 Crypto News (July 4, 2024): 1️⃣ The Block: The decentralized autonomous organization responsible for developing the DeFi protocol #Aave has launched the stablecoin #GHO on the Arbitrum Layer 2 network. 🌐 2️⃣ Arkham: #HTX cryptocurrency exchange advisor and TRON founder Justin Sun reportedly owns approximately $1 billion. 💼 3️⃣ Incrypted: The developers of the omnichain ecosystem Lif3.com, which operates across Ethereum, Polygon, BNB Chain, and Fantom via the LayerZero bridge, have announced a partnership with the evmOS protocol team. This collaboration aims to launch the L1 solution Lif3 Chain. 🤝 4️⃣ Lugano Plan ₿: On July 1, 2024, the Plan ₿ Biz School summer crypto school was inaugurated in Lugano, Switzerland, where students will be educated on bitcoin and blockchain technologies. 🎓 5️⃣ DWF Labs: Market maker DWF Labs has announced the creation of the #Cloudbreak crypto fund, valued at an estimated $20 million. This fund will support promising Chinese projects by providing financial and strategic resources. 💰 👍 If you haven't subscribed yet, make sure to hit that subscribe button!

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