#TOTAL3 continues to move within the rising channel I shared in the past, and altcoins have been crushed as much as they can; despite recent developments, they have shown an average decline of %10. A peak level of %66 or %67 for BTC.d is very close. The war and tension between Iran, Israel, and the USA continue to affect the market, and unfortunately, cryptocurrencies are now heavily influenced by macroeconomics due to the involvement of institutions and governments.
In short, technically we are at the peak area for BTC.d. As for altcoins, we may see sharp rises after this process is over; pay attention to the market volumes and boards of the projects you are investing in. In a market with low volume, where everyone is selling and few are buying, it is much easier for coins to rise. We can never catch the bottom, but we are still in the game; in this market, losses can be closed with profits.
Stay away from the computer and the market for a while; we are going through tough times. Better days are near, keep your psychology strong!
When the market is falling, you are all already in cash, and for some reason, when it rises, everyone is in assets... Have a little stance, don't position yourself according to the wind. Everyone can be at a loss; this is the money market, loss and profit are brothers here.
I am fully invested, and I will be here until I get the money I want! I respect everyone's own decision, but I won't sell a single penny of my assets at a loss until #BTC D. reaches 40% and #OTHER D. reaches 20%!
Trump continues to deceive the whole world. He said he would end wars but will start World War III. He cannot be such an unstable person. We knew what Biden would do, but since this is unpredictable, no one can predict what he will do.
‘’We carried out a very successful attack on three nuclear facilities in Iran.
All our aircraft have exited Iranian airspace. A full payload of bombs was dropped on the main target, the Fordow facility, and all our aircraft are on their way back. I congratulate our great American warriors. There is no other military force in the world that can achieve this. Now is the time for peace!’’
We have entered another uneventful weekend. Everyone is feeling tired and fed up... I've been in the crypto market for 8 years and have never experienced such a boring period. We know there is no easy money in this market, but we should start reaping the rewards of our efforts.
#Bitcoin has made a new ATH, and now we are waiting for #ETH to make new ATHs as well, anticipating the start of the alt season. When the alt rally begins, all the hardships we endured will be worth it. So there's no point in checking the screen every minute. I'm in spot, even if I'm at a loss, I'll HODL until I win!
I wish you a happy and beautiful weekend with your loved ones. 🤲
We have escaped the #FED trouble again, but there is still no movement in sight. Again, according to previous discussions, it has signaled a bit of green light, but continues to scare investors with uncertainty.
Where inflation is at 2.4%, interest rates are in the band of 4.25% - 4.50%, which is more than double the inflation... Powell, who was cutting interest rates before Trump came, is now struggling not to lower rates after he arrived.
I hope the next meeting gives a 'interest rate cut' signal for August, and we can watch the market price that in.
For now, we are in a wait-and-see position regarding policy changes. The effects of tariffs on inflation may be more persistent. We will see more of the effects of tariffs in the coming days. The Fed has lowered its 2025 growth forecast to 1.4%, while raising its inflation expectation to 3%. Fed: Uncertainty regarding the economic outlook has decreased, but remains at a high level. As long as the current labor market continues and inflation falls, the most prudent thing to do is to keep interest rates steady. We need real data to make decisions. As we obtain more data, the discrepancies in interest rate forecasts will decrease. As we obtain more data, the discrepancies in interest rate forecasts will decrease. The divergence in forecasts may also reflect differences in risk assessments. The divergence in forecasts may also reflect differences in risk assessments. If we wait a few months, we will make a wiser decision. The supply and demand in the labor market have kept the unemployment rate at a reasonable level.
The #TOTAL3 chart is still progressing millimetrically within the rising channel, as we shared months ago.
With the breakdown of the decline, it is highly likely that we will see attacks on the upper channel band, i.e., levels of 1.6 - 1.7 Trillion $ , and even attacks at levels of 2.5 - 3 Trillion $ .
What altcoins do you have and what is your expectation in terms of X according to this chart?