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#ELF The current price of Elf coin, also known as aelf (ELF), is $0.2441, with a 2% increase in the last 24 hours ¹. The market capitalization stands at $180,419,607, with a circulating supply of 740 million ELF coins.
In terms of price performance, aelf has seen a 2.7% increase in the last 7 days. The token's price is influenced by various factors, including market demand and supply, project developments, and market sentiment.
Here are some *Key Statistics*:
- _24-hour Trading Volume:_ $15,802,104.81 ¹
- _All-time High:_ $2.60, reached on January 9, 2018 ¹
- _All-time Low:_ $0.03546, reached on March 13, 2020 ¹
- _Market Cap:_ $180,419,607 ¹
- _Circulating Supply:_ 740 million ELF coins ¹
The community sentiment around ELF is neutral, indicating a potential stabilization in price. However, it's essential to consider multiple perspectives and do your own research before making any investment decisions.
In terms of price performance, aelf has seen a 2.7% increase in the last 7 days. The token's price is influenced by various factors, including market demand and supply, project developments, and market sentiment.
Here are some *Key Statistics*:
- _24-hour Trading Volume:_ $15,802,104.81 ¹
- _All-time High:_ $2.60, reached on January 9, 2018 ¹
- _All-time Low:_ $0.03546, reached on March 13, 2020 ¹
- _Market Cap:_ $180,419,607 ¹
- _Circulating Supply:_ 740 million ELF coins ¹
The community sentiment around ELF is neutral, indicating a potential stabilization in price. However, it's essential to consider multiple perspectives and do your own research before making any investment decisions.
In the past four hours, ELF/USDT has shown notable market activity, capturing the attention of traders and investors. The pair started with a bullish sentiment, pushing the price from an opening of $0.12 to a peak of $0.125. This initial surge was driven by increased buying volume, likely due to positive sentiment in the broader cryptocurrency market and recent developments around the ELF token.Midway through the period, the pair faced resistance at the $0.125 level, causing a brief consolidation phase. This period saw the price oscillate between $0.122 and $0.124 as traders took profits and new buyers entered the market. The volume during this consolidation was relatively stable, indicating a healthy balance between buying and selling pressures.$ELF
#elf #elf #BinanceTurns7 #BinanceTournament
#elf #elf #BinanceTurns7 #BinanceTournament
$ELF /USDT Analysis: Building Momentum for a Breakout
Current Price: $0.4884
#ELF has climbed 8.08% over the past 24 hours, rebounding from a low of $0.4490 to a high of $0.4922, signaling strong upward momentum with increasing volume.
Key Levels to Watch:
Support: $0.4840 and $0.4667 – Crucial levels to sustain the bullish trend.
Resistance: $0.4922 and $0.5000 – Breakouts above these levels could signal further gains.
Trade Setup:
For Bulls: Enter around $0.4840, targeting $0.4922 and $0.5000, with a stop loss below $0.4667.
For Bears: Short below $0.4840, targeting $0.4667 and $0.4500, with a stop loss above $0.4925.
ELF/USDT is positioned for a potential breakout; watch for sustained moves above $0.4922 for confirmation. Trade wisely!
#BitcoinInSwissReserves #USStateBuysBTC
Current Price: $0.4884
#ELF has climbed 8.08% over the past 24 hours, rebounding from a low of $0.4490 to a high of $0.4922, signaling strong upward momentum with increasing volume.
Key Levels to Watch:
Support: $0.4840 and $0.4667 – Crucial levels to sustain the bullish trend.
Resistance: $0.4922 and $0.5000 – Breakouts above these levels could signal further gains.
Trade Setup:
For Bulls: Enter around $0.4840, targeting $0.4922 and $0.5000, with a stop loss below $0.4667.
For Bears: Short below $0.4840, targeting $0.4667 and $0.4500, with a stop loss above $0.4925.
ELF/USDT is positioned for a potential breakout; watch for sustained moves above $0.4922 for confirmation. Trade wisely!
#BitcoinInSwissReserves #USStateBuysBTC
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Is there anyone stuck in the Bitcoin market?
Only seniors dare to play like this now
BTC took 1200 points!
There is no luck, it is all supported by strength
Although the short-term moving average (MA5, MA10) has a certain support effect, the medium-term moving average (MA30) is still above the price and is suppressing, which puts great pressure on the further rebound of the price. During the price rebound, the trading volume failed to continue to increase, reflecting the lack of strength of the bulls and the limited strength of the rebound. This kind of volume divergence usually indicates that the rebound may be only temporary, and there is a risk of prices falling again.
In order to help everyone move forward steadily in the market, I will share a series of proven trading strategies. From high-frequency trading to long-term investment, I will combine the latest market trends to provide the most operational suggestions. At the same time, I will also analyze the K-line charts of major currencies to help you understand the market language and accurately grasp the buying and selling points.
Click on the head image, the homepage has more detailed strategies
#Babylon主网将上线 #美国7月非农就业增长放缓 #美国大选如何影响加密产业？ #BTC☀ #elf $BTC $ZEC $BETA
Only seniors dare to play like this now
BTC took 1200 points!
There is no luck, it is all supported by strength
Although the short-term moving average (MA5, MA10) has a certain support effect, the medium-term moving average (MA30) is still above the price and is suppressing, which puts great pressure on the further rebound of the price. During the price rebound, the trading volume failed to continue to increase, reflecting the lack of strength of the bulls and the limited strength of the rebound. This kind of volume divergence usually indicates that the rebound may be only temporary, and there is a risk of prices falling again.
In order to help everyone move forward steadily in the market, I will share a series of proven trading strategies. From high-frequency trading to long-term investment, I will combine the latest market trends to provide the most operational suggestions. At the same time, I will also analyze the K-line charts of major currencies to help you understand the market language and accurately grasp the buying and selling points.
Click on the head image, the homepage has more detailed strategies
#Babylon主网将上线 #美国7月非农就业增长放缓 #美国大选如何影响加密产业？ #BTC☀ #elf $BTC $ZEC $BETA
Technical Analysis Report: Losers of the Day
$PROM , $HARD , $MOVE , #IOST , #ELF , #FIRO
Today's crypto market witnessed a downturn for several coins, with PROM leading the pack of losers, suffering a sharp decline of -8.52%, bringing its price down to $7.793. This drop signifies a high selling pressure, possibly attributed to profit-taking or weak market sentiment surrounding this asset. Similarly, HARD experienced a setback with a -3.65% decrease, now priced at $0.1374, reflecting bearish momentum as it struggles to maintain support levels. Both these assets highlight the need for traders to monitor key support and resistance zones, as further declines could signal extended bearish trends.
Other notable decliners include MOVE, dipping by -1.59% to $0.7836, and IOST, which recorded a smaller loss of -0.98%, now priced at $0.007247. These relatively minor declines might still indicate temporary market corrections rather than long-term bearish trends. ELF and FIRO, with marginal losses of -0.42% and -0.10%, closing at $0.4539 and $1.982 respectively, suggest resilience compared to their counterparts, yet still reveal vulnerability amid the overall market sentiment. The subdued performance of these coins underscores the importance of cautious trading and closely watching the market for potential recovery signals or further downturns.
#Write2Earn #BinanceAlphaAlert
$PROM , $HARD , $MOVE , #IOST , #ELF , #FIRO
Today's crypto market witnessed a downturn for several coins, with PROM leading the pack of losers, suffering a sharp decline of -8.52%, bringing its price down to $7.793. This drop signifies a high selling pressure, possibly attributed to profit-taking or weak market sentiment surrounding this asset. Similarly, HARD experienced a setback with a -3.65% decrease, now priced at $0.1374, reflecting bearish momentum as it struggles to maintain support levels. Both these assets highlight the need for traders to monitor key support and resistance zones, as further declines could signal extended bearish trends.
Other notable decliners include MOVE, dipping by -1.59% to $0.7836, and IOST, which recorded a smaller loss of -0.98%, now priced at $0.007247. These relatively minor declines might still indicate temporary market corrections rather than long-term bearish trends. ELF and FIRO, with marginal losses of -0.42% and -0.10%, closing at $0.4539 and $1.982 respectively, suggest resilience compared to their counterparts, yet still reveal vulnerability amid the overall market sentiment. The subdued performance of these coins underscores the importance of cautious trading and closely watching the market for potential recovery signals or further downturns.
#Write2Earn #BinanceAlphaAlert
$ELF scarcity will push prices higher🌟
Don’t forget to buy before the halving event
#ELF #elfusdt #ELF/USDT #BinanceSquareFamily
Don’t forget to buy before the halving event
#ELF #elfusdt #ELF/USDT #BinanceSquareFamily
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The logic of making money by speculating in cryptocurrencies is very simple: buy in a bear market and sell in a bull market, which everyone understands. But many people cannot control their hands and operate recklessly before the market trend comes. Most of those who make money by playing contracts will eventually return to zero.
When the bull market comes, it is really easy to make money. You can make money by buying anything, but this is just the money given to you by the trend. If you think that the money you earn is awesome, it will be very dangerous. Any huge loss is caused by overconfidence. The money earned by luck will eventually be lost because of insufficient ability. Every penny you earn is money within your cognitive scope; you will never earn money beyond your cognitive scope. Don't get carried away with the money you earn by luck. This market will have a hundred ways to harvest you. Only by constantly practicing your own virtues can you carry greater wealth.
It is difficult for new leeks to keep the money they make when they first enter the circle, and most of them will lose their principal and interest. Only by experiencing enough losses, trial and error, and thinking can you improve your cognition, learn knowledge that allows you to grow, and continue to make profits in the market.
Even if everyone buys the same currency, the profit gap is very large. The bottom-fishing price depends on your grasp of the trend and the timing of the entire macro-economy. If you don't understand the project, even a hundred-fold or thousand-fold increase will not be yours. When buying each currency, you must understand the potential of this track, the resumes of team members, the issuance volume, the release mechanism, the project's empowerment of the token, whether the profit model is sustainable, the industry's market value ceiling and other factors to calculate the future increase. Only when you fully understand the project can you really hold it. There are also buying plans and selling plans, and cognition determines your profitability.
Follow me, the homepage updates real-time strategies every day
#美国7月非农就业增长放缓 #Babylon主网将上线 #美联储何时降息？ #elf #zec $ACE $AKRO $WRX
When the bull market comes, it is really easy to make money. You can make money by buying anything, but this is just the money given to you by the trend. If you think that the money you earn is awesome, it will be very dangerous. Any huge loss is caused by overconfidence. The money earned by luck will eventually be lost because of insufficient ability. Every penny you earn is money within your cognitive scope; you will never earn money beyond your cognitive scope. Don't get carried away with the money you earn by luck. This market will have a hundred ways to harvest you. Only by constantly practicing your own virtues can you carry greater wealth.
It is difficult for new leeks to keep the money they make when they first enter the circle, and most of them will lose their principal and interest. Only by experiencing enough losses, trial and error, and thinking can you improve your cognition, learn knowledge that allows you to grow, and continue to make profits in the market.
Even if everyone buys the same currency, the profit gap is very large. The bottom-fishing price depends on your grasp of the trend and the timing of the entire macro-economy. If you don't understand the project, even a hundred-fold or thousand-fold increase will not be yours. When buying each currency, you must understand the potential of this track, the resumes of team members, the issuance volume, the release mechanism, the project's empowerment of the token, whether the profit model is sustainable, the industry's market value ceiling and other factors to calculate the future increase. Only when you fully understand the project can you really hold it. There are also buying plans and selling plans, and cognition determines your profitability.
Follow me, the homepage updates real-time strategies every day
#美国7月非农就业增长放缓 #Babylon主网将上线 #美联储何时降息？ #elf #zec $ACE $AKRO $WRX
$ELF
aelf, an AI-enhanced Layer 1 blockchain network, aims to leverage the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a blockchain with AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform, that is both developer and end-user friendly. aelf is primarily a multi-chain parallel computing blockchain network which was created to address several of the limitations of traditional blockchain systems, such as performance bottlenecks and data complexity. aelf's vision is to be a "Linux Ecosystem" equivalent for a blockchain that incorporates state-of-the-art IT design principles, which in particular allows developers to customise Chains to meet their own needs.
#ELF
aelf, an AI-enhanced Layer 1 blockchain network, aims to leverage the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a blockchain with AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform, that is both developer and end-user friendly. aelf is primarily a multi-chain parallel computing blockchain network which was created to address several of the limitations of traditional blockchain systems, such as performance bottlenecks and data complexity. aelf's vision is to be a "Linux Ecosystem" equivalent for a blockchain that incorporates state-of-the-art IT design principles, which in particular allows developers to customise Chains to meet their own needs.
#ELF
Today's PNL
2025-03-13
+$0
+0.03%
$ELF /USDT Trading Signal - Testing Key Resistance!
Entry Range: $0.4700 - $0.4800
Target 1: $0.4900
Target 2: $0.5050
Stop Loss: $0.4600
Market Observation: ELF/USDT is trading at $0.4732 after a bounce from $0.4477, approaching resistance at $0.4873. A breakout above this level could signal a continuation toward $0.5050. However, failure to sustain above $0.4700 might lead to consolidation or a pullback.
Actionable Advice: Watch for a breakout above $0.4800 for confirmation of bullish momentum. Secure partial profits at Target 1 and adjust stop-loss as the price moves toward Target 2.
#ELF #CryptoTrading #Binance #ELFUSDT
#USJobsSurge256K
Entry Range: $0.4700 - $0.4800
Target 1: $0.4900
Target 2: $0.5050
Stop Loss: $0.4600
Market Observation: ELF/USDT is trading at $0.4732 after a bounce from $0.4477, approaching resistance at $0.4873. A breakout above this level could signal a continuation toward $0.5050. However, failure to sustain above $0.4700 might lead to consolidation or a pullback.
Actionable Advice: Watch for a breakout above $0.4800 for confirmation of bullish momentum. Secure partial profits at Target 1 and adjust stop-loss as the price moves toward Target 2.
#ELF #CryptoTrading #Binance #ELFUSDT
#USJobsSurge256K
📢 $ELF - Gaining Momentum!
🔹 Current Price: $0.2563
📈 24h Change: +10.57%
🌟 $ELF is picking up steam with 10.57% growth in the past 24 hours! A potential breakout incoming?
📊 Signal:
Entry: $0.25 - $0.26
Target 1: $0.28
Target 2: $0.30
Stop Loss: $0.24
⚡ Market Sentiment: Bullish ✅
📢 Strategy: Watch for a potential retest of resistance!
#ELF #Crypto #Binance #Trading #CryptoSignals
🔹 Current Price: $0.2563
📈 24h Change: +10.57%
🌟 $ELF is picking up steam with 10.57% growth in the past 24 hours! A potential breakout incoming?
📊 Signal:
Entry: $0.25 - $0.26
Target 1: $0.28
Target 2: $0.30
Stop Loss: $0.24
⚡ Market Sentiment: Bullish ✅
📢 Strategy: Watch for a potential retest of resistance!
#ELF #Crypto #Binance #Trading #CryptoSignals
🚀 $ELF /USDT Price Update 🚀
📍 Current Price: $0.5084 (+6.47%)
🔝 24h High: $0.5430
🔻 24h Low: $0.4755
📊 Performance:
Today: +6.58%
7 Days: +10.91%
30 Days: -16.53%
90 Days: +34.14%
180 Days: +28.77%
1 Year: -9.34%
💥 Volume:
$ELF : 23.62M
USDT: 11.91M
🚨 Don’t miss out—Buy and trade ELF/USDT on Binance now!
#ELF #Binance #Crypto #DeFi #Write2Earn $ELF
📍 Current Price: $0.5084 (+6.47%)
🔝 24h High: $0.5430
🔻 24h Low: $0.4755
📊 Performance:
Today: +6.58%
7 Days: +10.91%
30 Days: -16.53%
90 Days: +34.14%
180 Days: +28.77%
1 Year: -9.34%
💥 Volume:
$ELF : 23.62M
USDT: 11.91M
🚨 Don’t miss out—Buy and trade ELF/USDT on Binance now!
#ELF #Binance #Crypto #DeFi #Write2Earn $ELF
Ohhhh, great❗ $ELF /USDT is showing some wild moves today❗#ELF Congratulations to those who caught the spike upward❗ #ELF price has surged to $0.2578, marking an 8.36% gain, which is definitely a big win for traders watching this pair closely.
#ELF 24-hour high reached an impressive $0.3660, while the low was $0.2354—that's some serious volatility❗ The trading volume also looks strong, with 87.63M ELF exchanged in the past 24 hours, alongside 24.60M$ELF USDT.
🔥ELF/USDT Trading Signal 🔥
Entry: $0.2500 - $0.2600
Target 1: $0.2800 ✅
Target 2: $0.3200 ✅
Target 3: $0.3600 🚀
Stop Loss: $0.2350 (Strict SL)
Analysis: $ELF /USDT has shown strong bullish momentum with a massive green candle. If it holds above $0.2500, we could see further upside movement. However, traders should watch for volatility and manage risks accordingly❗
Trade wisely and use proper risk management❗
The price movement shows a sharp recovery from the recent downtrend, with a massive green candle breaking through resistance. Will it hold or retrace❓ Let's see how this plays out in the coming hours❗ Stay sharp, traders❗
#Write2Earn #TWIN_TULIPS
#ELF 24-hour high reached an impressive $0.3660, while the low was $0.2354—that's some serious volatility❗ The trading volume also looks strong, with 87.63M ELF exchanged in the past 24 hours, alongside 24.60M$ELF USDT.
🔥ELF/USDT Trading Signal 🔥
Entry: $0.2500 - $0.2600
Target 1: $0.2800 ✅
Target 2: $0.3200 ✅
Target 3: $0.3600 🚀
Stop Loss: $0.2350 (Strict SL)
Analysis: $ELF /USDT has shown strong bullish momentum with a massive green candle. If it holds above $0.2500, we could see further upside movement. However, traders should watch for volatility and manage risks accordingly❗
Trade wisely and use proper risk management❗
The price movement shows a sharp recovery from the recent downtrend, with a massive green candle breaking through resistance. Will it hold or retrace❓ Let's see how this plays out in the coming hours❗ Stay sharp, traders❗
#Write2Earn #TWIN_TULIPS
𝐐𝐮𝐢𝐜𝐤 𝐀𝐜𝐭𝐢𝐨𝐧 = 𝐐𝐮𝐢𝐜𝐤 𝐆𝐚𝐢𝐧𝐬❗ 𝐇𝐢𝐝𝐝𝐞𝐧 𝐆𝐞𝐦𝐬 𝐀𝐫𝐞 𝐒𝐡𝐢𝐧𝐢𝐧𝐠❗💰🚀
The market is heating up, and these top gainers are making waves! The first three coins are showing strong momentum don't blink, or you'll miss the breakout!
🔥 Top Hidden Gems Today:
$LAYER
🔹 $MDT (+32.85%) – Leading the charge with explosive growth!
🔹 $SLF (+14.50%) – Gaining traction fast, showing bullish momentum.
🔹 #ELF (+13.18%) – Another solid mover with potential for more upside.
💡 What’s Next? With market momentum building, these coins could have more room to run! Are you catching the wave or watching from the sidelines?
The market is heating up, and these top gainers are making waves! The first three coins are showing strong momentum don't blink, or you'll miss the breakout!
🔥 Top Hidden Gems Today:
$LAYER
🔹 $MDT (+32.85%) – Leading the charge with explosive growth!
🔹 $SLF (+14.50%) – Gaining traction fast, showing bullish momentum.
🔹 #ELF (+13.18%) – Another solid mover with potential for more upside.
💡 What’s Next? With market momentum building, these coins could have more room to run! Are you catching the wave or watching from the sidelines?
#VoteToDelistOnBinance Binance's "Vote to Delist" initiative is underway!
Users can vote on projects they think should be delisted from Binance. Here are the details:
*Eligibility:* Hold at least 0.01 BNB in your master account.
*Voting Period:* March 21, 2025, 06:30 UTC to March 27, 2025, 23:59 UTC.
*Projects:* Vote on up to 5 projects with the Monitoring Tag.
Some of the projects listed include:
#JASMY
#ZEC
#FTT
#ELF
SNT
STPT $
BAL (Balancer)
ARK (ARK)
GPS (GoPlus Security)
MBL (MovieBloc)
PROS (Prosper)
CTXC (Cortex)
HARD (Kava Lend)
BADGER (Badger DAO)
BETA (Beta Finance)
CREAM (Cream Finance)
FIRO (Firo)
VIDT (VIDT DAO)
NULS (NULS)
TROY (Troy)
ALPACA (Alpaca Finance)
UFT (UniLend Finance)
Cast your votes and make your voice heard!
Remember, the voting result won't be the sole deciding factor for delisting. Binance will evaluate each project based on their official review processes and standards.
Users can vote on projects they think should be delisted from Binance. Here are the details:
*Eligibility:* Hold at least 0.01 BNB in your master account.
*Voting Period:* March 21, 2025, 06:30 UTC to March 27, 2025, 23:59 UTC.
*Projects:* Vote on up to 5 projects with the Monitoring Tag.
Some of the projects listed include:
#JASMY
#ZEC
#FTT
#ELF
SNT
STPT $
BAL (Balancer)
ARK (ARK)
GPS (GoPlus Security)
MBL (MovieBloc)
PROS (Prosper)
CTXC (Cortex)
HARD (Kava Lend)
BADGER (Badger DAO)
BETA (Beta Finance)
CREAM (Cream Finance)
FIRO (Firo)
VIDT (VIDT DAO)
NULS (NULS)
TROY (Troy)
ALPACA (Alpaca Finance)
UFT (UniLend Finance)
Cast your votes and make your voice heard!
Remember, the voting result won't be the sole deciding factor for delisting. Binance will evaluate each project based on their official review processes and standards.
My 30 Days' PNL
2025-02-21~2025-03-22
-$3.24
-8.43%
🚀 $ELF /USDT Gaining Momentum – Eyes on the Breakout Levels! 🚀
The $ELF token is making waves with a strong +6.43% price increase, climbing to $0.4787. The breakout signals potential further upside, backed by solid volume and technical strength.
🎯 Key Targets to Watch:
1️⃣ Target 1: $0.4900 – Immediate resistance to surpass
2️⃣ Target 2: $0.5050 – Key breakout zone
3️⃣ Target 3: $0.5300 – Extended bullish target
Current Market Highlights:
Current Price: $0.4787
24h High/Low: $0.5058 / $0.4441
24h Volume: 17.28M $ELF
Technical Analysis:
ELF/USDT is showing a strong recovery with higher lows and consistent buying pressure. A clean break above $0.4900 could propel the price toward $0.5300 in the short term. Traders should watch for sustained volume and RSI levels to confirm momentum.
📈 Stay ahead with Binance and ride the ELF wave toward new highs!
#CryptoTrading #ELF #TradingSignals #CryptoMarket
The $ELF token is making waves with a strong +6.43% price increase, climbing to $0.4787. The breakout signals potential further upside, backed by solid volume and technical strength.
🎯 Key Targets to Watch:
1️⃣ Target 1: $0.4900 – Immediate resistance to surpass
2️⃣ Target 2: $0.5050 – Key breakout zone
3️⃣ Target 3: $0.5300 – Extended bullish target
Current Market Highlights:
Current Price: $0.4787
24h High/Low: $0.5058 / $0.4441
24h Volume: 17.28M $ELF
Technical Analysis:
ELF/USDT is showing a strong recovery with higher lows and consistent buying pressure. A clean break above $0.4900 could propel the price toward $0.5300 in the short term. Traders should watch for sustained volume and RSI levels to confirm momentum.
📈 Stay ahead with Binance and ride the ELF wave toward new highs!
#CryptoTrading #ELF #TradingSignals #CryptoMarket
Countdown to $ELF’s first halving🔥🌟 12 Dec 2024 marks a historic milestone for aelf. Time to buy #ELF #aelfHalvingEvent
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Reasons for Ethereum's decline?
One of the main reasons for Ethereum's recent sharp price decline is the excessive long positions in the perpetual futures market. These excessive long positions may have led to sharp price fluctuations, especially when the market faces adjustments.
Another important factor is the actual or expected selling by a few large holders. These holders include market makers Jump Crypto, venture capitalists Paradigm, and crypto protocols such as Golem Network, which own a large amount of Ethereum assets. Their selling actions or expected selling behaviors have put pressure on the market, further dragging down Ethereum's performance.
In addition, the decline in the number of active validators and the increase in Ethereum's staking reward rate also reflect changes in the relatively sticky token supply. This change may have affected market sentiment and led to a weakening of investor confidence in Ethereum.
Investors need to remain vigilant in the face of these market dynamics, pay attention to market trends and the actions of large holders, and formulate appropriate investment strategies.
#加密市场反弹 #美联储何时降息？ #Ong #WBTC #elf $ADX $QKC $SUI
Follow Lao Tan to get more market insights and latest developments!
One of the main reasons for Ethereum's recent sharp price decline is the excessive long positions in the perpetual futures market. These excessive long positions may have led to sharp price fluctuations, especially when the market faces adjustments.
Another important factor is the actual or expected selling by a few large holders. These holders include market makers Jump Crypto, venture capitalists Paradigm, and crypto protocols such as Golem Network, which own a large amount of Ethereum assets. Their selling actions or expected selling behaviors have put pressure on the market, further dragging down Ethereum's performance.
In addition, the decline in the number of active validators and the increase in Ethereum's staking reward rate also reflect changes in the relatively sticky token supply. This change may have affected market sentiment and led to a weakening of investor confidence in Ethereum.
Investors need to remain vigilant in the face of these market dynamics, pay attention to market trends and the actions of large holders, and formulate appropriate investment strategies.
#加密市场反弹 #美联储何时降息？ #Ong #WBTC #elf $ADX $QKC $SUI
Follow Lao Tan to get more market insights and latest developments!
#ELF /USDT Analysis
$ELF The price is rebounding from the strong support zone at $0.4603 after a healthy correction, showing readiness for an upward movement. The technical pattern indicates a continuation of the bullish trend, with a target of $0.9674, representing a 100% potential gain. The mentioned support zone is crucial to avoid a trend reversal, while the current momentum suggests the likelihood of further upside.
Long Zone: $0.4603.
Target: $0.9674.
$ELF The price is rebounding from the strong support zone at $0.4603 after a healthy correction, showing readiness for an upward movement. The technical pattern indicates a continuation of the bullish trend, with a target of $0.9674, representing a 100% potential gain. The mentioned support zone is crucial to avoid a trend reversal, while the current momentum suggests the likelihood of further upside.
Long Zone: $0.4603.
Target: $0.9674.
🚀 $ELF /USDT Surging! +13.10% Gains in 24H! 🔥
ELF is making moves with a +13.10% pump, catching traders' attention! 📊
🔹 Current Price: $0.2555
🔹 24H High: $0.3660
🔹 24H Low: $0.2257
🔹 24H Volume: 88.56M ELF
Is ELF gearing up for another breakout? Don't miss the momentum! 🚀💎
💡 Trade now on Binance and stay ahead!
#ELF #Crypto #Binance #CryptoTrading #Altcoins
ELF is making moves with a +13.10% pump, catching traders' attention! 📊
🔹 Current Price: $0.2555
🔹 24H High: $0.3660
🔹 24H Low: $0.2257
🔹 24H Volume: 88.56M ELF
Is ELF gearing up for another breakout? Don't miss the momentum! 🚀💎
💡 Trade now on Binance and stay ahead!
#ELF #Crypto #Binance #CryptoTrading #Altcoins
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