Did you know? #GrayScale already sold 20% its total holding in past 3 weeks. Bulls will come back when #GrayScale finish selling total holding. Currently #BTC is still in slight bearish - sideway mode (my opinion) #Write2Earn #TrendingTopic $BTC
I Spent the Weekend With the Apple Vision Pro—My Face May Never Be the Same Is the Apple Vision Pro really worth $3,500 or more? I spent the weekend with a computer strapped to my face to find out. #AppleVisionPro #Write2Earn
#BTC There's no element of surprise here!! ... As #Bitcoin frequently retests the resistance trendline falling from $43,800 and breaks through the SMA 200 (2H). I expect a rapid fall if we break the SMA 200 again.
$40,400 - $39,200 is the CME gap zone, filled on January 24th i believe we'd retest this zone once again Can you predict BTC's next move A or B? Remember to Always DYOR $BTC
The behavior of #Bitcoin performance seems to be following a pattern of the past two cycles. This observation is particularly noteworthy as we approach the conclusion of the current halving cycle, which is anticipated to culminate with the fourth halving event projected to take place sometime between mid to late April 2024. Historically, Bitcoin's price dynamics have shown remarkable consistency during these halving cycles, with each #halving event typically triggering a period of heightened volatility and subsequent price appreciation. As such, investors and analysts closely monitor these cycles as they provide valuable insights into the potential trajectory of #BTC value and overall market sentiment. $BTC
Cryptocurrency news is Today! JUP listed Binance/OKEX #XRP has been hacked #FTX will return users' funds but the exchange will not continue to operate $XRP $FTT
JUST IN: Grayscale's spot #Bitcoin #ETF had ~$515 million in outflows today
BlackRock's Head of iShares Product says "by every measure" their spot #Bitcoin #ETF launch "has gone incredibly well." "Bitcoin is a new emerging asset class.
FTX Sold About $1B of Grayscale's #BTC #ETF, Explaining Much of Outflow: Sources, BTC's price has fallen since bitcoin ETFs were approved. In theory, now that #FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.
Jupiter Launching Solana Meme Coin With An Airdrop Even Bigger Than JUP
Solana's DeFi aggregator, Jupiter, is set to distribute its JUP tokens to nearly a million eligible wallets on January 31. Before the JUP token drop, Jupiter will conduct a test on its launchpad by airdropping a meme coin from the Ovols protocol, a "DeFi meets NFTs" project on Solana. The meme coin airdrop is expected to be larger than the JUP drop, providing a fun but technically challenging test for Jupiter's launchpad. Ovols will contribute 1% of its meme coin supply to Jupiter, with 75% allocated to the JUP DAO and 25% to Jupiter's team. Although the date for the Ovols meme coin airdrop hasn't been disclosed, Jupiter plans to initiate additional projects on its launchpad starting in February, following the JUP airdrop at the end of January. Meme coins have gained popularity on Solana, known for their volatility and sudden value fluctuations. Notably, BONK, a meme coin airdropped in December 2022, experienced a substantial increase in value, reaching over $500,000 a year later. However, it's important to note the inherent volatility of meme coins, as illustrated by the 69% decrease in BONK's price over the past month since its peak on December 15. Another Solana meme coin, Dogwifhat (WIF), has recently surged but is currently down 47% after setting a new all-time high less than a week ago. Despite their instability, meme coins generate short-term excitement through airdrops, injecting significant value into crypto communities. Jupiter has two such airdrops scheduled in the coming days, adding anticipation to the Solana DeFi scene. Stay tuned for updates on the Ovols meme coin airdrop and Jupiter's future projects on its launchpad.
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Navigating Market Sentiment: Traders Lean Bearish on Binance Fear and Greed Indicator
In the dynamic world of cryptocurrency trading, staying attuned to market sentiment is paramount for informed decision-making. One key metric that traders often rely on is the Binance Fear and Greed Indicator, a tool that gauges the prevailing sentiment in the market. Recent trends indicate a notable increase in bearish sentiment among traders, signaling a cautious outlook.
The Binance Fear and Greed Indicator is a metric designed to capture the prevailing sentiment of the cryptocurrency market. Ranging from extreme fear to extreme greed, it considers various factors like volatility, trading volume, social media activity, and surveys to generate a numerical value. Traders commonly use this indicator to assess the market's emotional state and make more informed trading decisions.
Recent data from the Binance Fear and Greed Indicator has shown a surge in bearish sentiment. This shift suggests that traders are becoming more cautious, potentially anticipating market corrections or downturns. As the indicator provides a snapshot of emotions within the market, heightened bearish sentiment often leads to increased selling pressure.
As traders lean towards a more bearish outlook on the Binance Fear and Greed Indicator, the cryptocurrency market enters a phase of heightened caution. However, it's essential to remember that market sentiment is dynamic and subject to change. Traders should stay vigilant, adapt their strategies accordingly, and remain informed about the broader market dynamics that influence sentiment. In the ever-evolving landscape of cryptocurrency, staying one step ahead is key to navigating the complexities of market sentiment. #BTC #Binance
#BTC Closing the CME gap falling below $39,500 is Bearish signal, no catalyst is moving the market so far, now is the time to keep less Alts only the strong will survive..