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Market sentiment is pretty bleak right now. A lot of people are saying there won't be an altseason. Just think about it: $TAO was at $750, $RNDR hit $13, $APTOS reached $19, $ONDO was $1.4, and $SUI touched $2.2. Now, when the market offers opportunities, many investors are either too scared or simply ignoring them. They'll end up buying at higher prices later and then complain about how the market is a scam. If you don't have conviction, this space isn't for you. #Write2Earn!
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A sudden market downturn, especially in the cryptocurrency space, can often be attributed to a "whale trap." This term refers to a strategy used by large investors (whales) who have the power to manipulate the market by making significant moves. Here’s how it works: 1. **Sell-Off:** A whale might initiate a large sell-off, causing panic among retail investors who see the price drop and start selling their assets too. 2. **Panic Selling:** As more investors sell off their assets, the price continues to drop, creating a cascading effect. 3. **Buy Back:** Once the price has dropped sufficiently, the whale may start buying back at the lower prices, effectively increasing their holdings while causing a recovery in the market. This type of manipulation is designed to shake out weaker hands and accumulate more assets at a lower price. It's a common tactic in markets with high volatility and less regulation, like cryptocurrencies. #Write2Earn!
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🇺🇸 **Key Events This Week:** 1. **Tuesday**: July PPI Inflation Data 2. **Wednesday**: July CPI Inflation Data 3. **Thursday**: July Retail Sales Data & Philly Fed Manufacturing Index 4. **Friday**: July Housing Starts Data 5. **All Week**: 3 Fed Speaker Events & Ongoing Earnings Season #Write2Earn!
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ETH/USDT 🎯 Short now Leverage 125x Target 2550$ to 2400$ Margin 1% wallet size Stop-loss 2800$ small $ETH #Write2Earn!
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Free signals 🥳🎯🚀 $BTC #BTC/USDT LONG 📈 BUY 60900 - 60800 TP - 61000, 61200, 61500++ STOPLOSS 60300 LEVERAGE 20X
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