baihoctumeme
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Recover strong and continuously, seize the opportunity and reach the destination with me !!!
$BTC
The S&P 500 (SPX) rebounded strongly from its weekly low and ended the week flat. Bitcoin (BTC) similarly rebounded from its weekly low and ended the week up slightly by about 1%. The failure of bears to capitalize on the weakness suggests that lower levels are attracting buyers.
Bears attempted to deepen the pullback on August 12, but bulls bought Bitcoin’s dip and are struggling to sustain the price above the psychological level of $60,000. Bitcoin’s volatility is keeping traders on guard. The Crypto Fear and Greed Index, which hit a low of 17/100 on August 6, rose to 48/100 on August 9 and again fell back into extreme fear territory at 25/100 on August 12.
The S&P 500 (SPX) rebounded strongly from its weekly low and ended the week flat. Bitcoin (BTC) similarly rebounded from its weekly low and ended the week up slightly by about 1%. The failure of bears to capitalize on the weakness suggests that lower levels are attracting buyers.
Bears attempted to deepen the pullback on August 12, but bulls bought Bitcoin’s dip and are struggling to sustain the price above the psychological level of $60,000. Bitcoin’s volatility is keeping traders on guard. The Crypto Fear and Greed Index, which hit a low of 17/100 on August 6, rose to 48/100 on August 9 and again fell back into extreme fear territory at 25/100 on August 12.
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🔥The second reason why the whole market increased yesterday and decreased more strongly today🔥
🧐 Onchain is the most irreplaceable and authentic data. However, I was too skeptical with every plan because of small fluctuations in the market without looking at volume from a larger perspective.
📝 Every plan we create has a solid reason and if we believe in it, we will learn the lesson because going through a plan is the motivation to create a reason to enter an order. Bias, prejudice and conservatism will kill us soon.
#btc60k #marketdump #pepe #baihoctumeme #baihoc
🧐 Onchain is the most irreplaceable and authentic data. However, I was too skeptical with every plan because of small fluctuations in the market without looking at volume from a larger perspective.
📝 Every plan we create has a solid reason and if we believe in it, we will learn the lesson because going through a plan is the motivation to create a reason to enter an order. Bias, prejudice and conservatism will kill us soon.
#btc60k #marketdump #pepe #baihoctumeme #baihoc
#eth is fomo too much?
- Look at the chart and the blue upper part is the money flowing into the exchange (for atlcoin, you understand that there is a high possibility that it will be transferred from the blockchain wallet to the exchange to SELL). On the contrary, the green part below is consolidation (long-term), which can be buying or stalking.
______
What happens to selling atlcoin to buy eth?
______
As everyone knows, the money flow usually flows in the direction of topcap-> midcap-> lowcap and the average monthly increase in performance is that the average top 10 atlcoins are only 2 times higher than topcoins (according to cryptokoryo statistics on dune).
_____
The fomo effect will occur when eth outgoing creates 2 near-equilibrium bottoms, meaning about 2 strong price increases of eth (about 4k7-5k3) will create a bubble burst effect. This will make it difficult for eth to maintain a good price when fomo is excessive during this period. Of course, looking at the holders, you know that most of the mid-range fish collect, not the large fish (because the cash flow of most funds will flow into new atlcoin in defi, depin, blockchain,... systems). From another perspective, the fund also stalks or lends eth to buy atlcoin at this time to increase the ROI rate for the fund.
_______
If you really love eth, wait for 2400-2700 to buy more. Don't rush to buy at a stage where there are no new people pushing eth at this stage. The market only increases when more people join later ^^
- Look at the chart and the blue upper part is the money flowing into the exchange (for atlcoin, you understand that there is a high possibility that it will be transferred from the blockchain wallet to the exchange to SELL). On the contrary, the green part below is consolidation (long-term), which can be buying or stalking.
______
What happens to selling atlcoin to buy eth?
______
As everyone knows, the money flow usually flows in the direction of topcap-> midcap-> lowcap and the average monthly increase in performance is that the average top 10 atlcoins are only 2 times higher than topcoins (according to cryptokoryo statistics on dune).
_____
The fomo effect will occur when eth outgoing creates 2 near-equilibrium bottoms, meaning about 2 strong price increases of eth (about 4k7-5k3) will create a bubble burst effect. This will make it difficult for eth to maintain a good price when fomo is excessive during this period. Of course, looking at the holders, you know that most of the mid-range fish collect, not the large fish (because the cash flow of most funds will flow into new atlcoin in defi, depin, blockchain,... systems). From another perspective, the fund also stalks or lends eth to buy atlcoin at this time to increase the ROI rate for the fund.
_______
If you really love eth, wait for 2400-2700 to buy more. Don't rush to buy at a stage where there are no new people pushing eth at this stage. The market only increases when more people join later ^^
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The market is very strange these days, everyone 😂.
A few days ago, analyzing coin $PEOPLE , it increased so much but now it has returned to the old entry level.
Other altcoins are no exception, some even dropped in price completely. Dong $PEPE was so great last month but now it's so boring 🤣.
I know it's a memecoin so its actual value doesn't exist, but looking at the market lately, it's really discouraging 😁.
What's even more funny is the $ZKJ, just listed but the price keeps fluctuating up and down kkk. 📈📉📈📉📈📉
Perhaps it's because the market psychology has been depressed these days, so everyone who lists new coins is afraid of losing money. 😂
#baihoctumeme #binance #j4f #btc #bitcoin
A few days ago, analyzing coin $PEOPLE , it increased so much but now it has returned to the old entry level.
Other altcoins are no exception, some even dropped in price completely. Dong $PEPE was so great last month but now it's so boring 🤣.
I know it's a memecoin so its actual value doesn't exist, but looking at the market lately, it's really discouraging 😁.
What's even more funny is the $ZKJ, just listed but the price keeps fluctuating up and down kkk. 📈📉📈📉📈📉
Perhaps it's because the market psychology has been depressed these days, so everyone who lists new coins is afraid of losing money. 😂
#baihoctumeme #binance #j4f #btc #bitcoin
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⚠️🔥 Another and even worse aspect may come to you 🔥⚠️
🤷 One memecoin trader unfortunately suffered a loss of over 99%. He spent $1.16 million to buy $11.23 million NORMIE for $0.1035 from March 25 to April 9 and has held it until now without selling it.
________
🧐Normie is a memecoin network base. A hacker broke in and took over 90% of the developer's tokens, evaporating $41.7 million from the market capitalization in just three hours. Lookonchain was the first to flag the exploit in its X post on May 26.
________
With the agreement: 2.3m $ from the developer in return for 90% of the stolen hacker tokens.
_________
Following the hacker's offer, X was flooded with a wave of fake Normie posts, falsely claiming to announce a new token relaunch. These posts are intended to lure people into clicking on phishing links.
_________
📝 Thus, not everyone who invests in memes is profitable and things can come more unexpectedly than you think. Don't allin on one token, but divide it into a maximum of 2-3 tokens because too many will be difficult to manage. However, pepe is still about 5400% lower than its ATH and has a large community, so dumping all tokens or colluding between hackers and developers will be difficult or even take a long time.
#memecoin #baihoctumeme #riskofmeme #EarnFreeCrypto2024
🤷 One memecoin trader unfortunately suffered a loss of over 99%. He spent $1.16 million to buy $11.23 million NORMIE for $0.1035 from March 25 to April 9 and has held it until now without selling it.
________
🧐Normie is a memecoin network base. A hacker broke in and took over 90% of the developer's tokens, evaporating $41.7 million from the market capitalization in just three hours. Lookonchain was the first to flag the exploit in its X post on May 26.
________
With the agreement: 2.3m $ from the developer in return for 90% of the stolen hacker tokens.
_________
Following the hacker's offer, X was flooded with a wave of fake Normie posts, falsely claiming to announce a new token relaunch. These posts are intended to lure people into clicking on phishing links.
_________
📝 Thus, not everyone who invests in memes is profitable and things can come more unexpectedly than you think. Don't allin on one token, but divide it into a maximum of 2-3 tokens because too many will be difficult to manage. However, pepe is still about 5400% lower than its ATH and has a large community, so dumping all tokens or colluding between hackers and developers will be difficult or even take a long time.
#memecoin #baihoctumeme #riskofmeme #EarnFreeCrypto2024
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