Brothers, good morning. The market has not been good these days,
Many brothers are worried about the future of the market,
Especially the brothers who went long on ETH at $4800 are sleepless at night.
So, is a big drop really coming back? [shivering]?
Instead of listening to various analysts bragging, we only look at on-chain data.
From the on-chain data,
A few days ago, there was a wave of stablecoin inflow to exchanges, with no outflow signs.
Bitcoin continues to flow out of exchanges.
The proportion of whales is still increasing, looking like they are still accumulating.
Currently, BTC is approaching the 60-day moving average, which is very safe.
But ETH is a bit far from the 60-day moving average and may need to drop a bit more.
BNB is performing well and is expected to surge above $900 in the next stage.
SOL has dropped significantly, looking unreliable; this is a common method of washing stocks by market manipulators,
So brothers who bought SOL should hold patiently and not be shaken out.
On the international front,
Hamas has agreed to a new ceasefire proposal for Gaza put forward by the mediators,
The Russia-Ukraine conflict may come to a pause, which is positive for risk assets in the crypto circle [strong]:
Ukrainian President Zelensky, dressed formally, repeatedly said “thank you” eight times to open the meeting with Trump,
Ukraine proposed to purchase $100 billion worth of US weapons in exchange for security guarantees;
After the meeting, Trump called Russian President Putin, with the location to be determined, and a trilateral meeting will follow.
Why do market manipulators want to first dump before pumping?
It’s to wait for the Federal Reserve's decision at 2 AM on Thursday, to set up a position first,
Let the bears increase their short positions,
Then after the report is released, they will explode and let the bears make money.
Previously, we disclosed institutional costs:
BTC is between $100,000 and $110,000
ETH is around $3,500
BNB is around $760
Currently, institutions are not making much profit; we need to see the big picture and just hold patiently.
We won’t lead fans to blow up their accounts, nor will we blindly open positions,
It’s all about seeking victory steadily, making solid progress, and those who want to profit should get on board quickly!
SUI TURMP BONK PEPE OM SOL PNUT NEIRO
