BREAKING 🚨
Public equities comprise over 70% of RWA's Active Market Cap, a significant development in the market.
The market is divided, with some analysts viewing this as a sign of stability, while others see it as a potential risk factor ⚡.
The community is invited to share thoughts on this development, and vote on its potential impact on the market 📢, considering the implications for investors 💡
$PSG, $IO, $LAB
NEAR is building up for more momentum. For the first time in a long while, it's printing higher highs and higher lows against the BTC pair. Plus, the 21-period moving average has crossed on multiple timeframes, signaling increased strength ahead.
I believe this is only the beginning, and further upside is likely. Also, the BTC pair has formed a rounded bottom, consolidated sideways for several months to gather steam, and now looks ready to reach new highs.
TAO has moved past the resistance zone, gained momentum, and continues to climb gradually.
In the short term, it’s not ideal to enter a long position here, since the price has already broken upward and is approaching the gap.
However, this is a clear case of sentiment versus opportunity.
The negative sentiment around $TAO, following the subnet-related event, hurt the ecosystem, but it also created a significantly mispriced asset and a true opportunity.
Now that the price is approaching that ...
Guys, this area is acting as a very strong rejection zone for $PLAY , and from here there’s around a 70–80% chance that it gets rejected. For now, wait for proper confirmation before taking any entry.
Also, join my [FREE CHATROOM](https://app.binance.com/uni-qr/group-chat-landing?channelToken=ivLAjkLKoJrDnnQKj8VQyg&type=1&entrySource=sharing_link) because I’ll update you there whether we should look for a short entry or not. And if $PLAY manages to break this rejection zone, then it could pus...