November 1️⃣4️⃣th is on the calendar, which means it's time to charge up with fresh analytics and get the foundation for thinking and trading! Today we're focusing on:
Ethereum Classic (ETC): A Genre Classic or a Forgotten Dinosaur?
💎 Ethereum Classic (ETC): A Genre Classic or a Forgotten Dinosaur? Market capitalization: $2.42 billion. Ethereum Classic is the original Ethereum that refused the hard fork after the DAO hack and stayed true to the "Code is Law" principle. 🟡 Unlike Ethereum, ETC retained the Proof-of-Work mechanism, making it attractive to miners and blockchain purists. What's happening now❔ 🗣ETC grew 10.4% over the week, trading at $14.80. A sharp spike of 28.9% occurred in one day in early November – related to increased interest in PoW projects. 🗣Trading volume reached $115 million per day, indicating serious activity. But not everything is rosy. After Ethereum's transition to Proof-of-Stake, interest in ETC gradually faded. 🗣However, now there's a "back to the roots" trend – crypto purists are once again paying attention to projects with classic mining. 🗣For Solidity developers, Ethereum Classic offers backward compatibility and high security. 🗣It's a reliable platform for creating dApps without needing to switch to new standards. 🗣A major Olympia upgrade is ahead (end of 2026) – implementation of EIP-1559 with fee burning mechanism and DAO governance. The Mordor testnet will launch in Q4 2025 to test functionality. Trade guidelines:📈 📉 📈 Consolidation above $15.30 – the path to $16.50 is open. 📉 Breakdown below $14.50 – risk of falling to $13.50. Conclusion: ETC attracts those who value decentralization and PoW security. The project's stability and upcoming upgrades make it interesting for long-term investments, but low developer activity may limit growth. 📈 Open a trade with $ETC
Axie Infinity (AXS): TV Show Rumors – A Party for Speculators or Disappointment?
🥶 Axie Infinity ( $AXS ): TV Show Rumors – A Party for Speculators or Disappointment? Market capitalization: $212 million. Axie Infinity isn't just a game with cute monsters, but an entire GameFi ecosystem where AXS holders decide the fate of the project through decentralized governance. But right now, the token is caught in a real information chaos! 🟡 But the main news: rumors emerged that Axie Infinity appeared on the "Pawn Stars" show on November 11th. Sounds intriguing, but there's one problem – not a single reliable source has confirmed this! What does this mean❔ 🗣Key executives Alexander Larsen, Trung Nguyen, and Jeff Zirlin remain silent. 🗣Official project channels aren't announcing anything. 🗣Exchanges and on-chain data show no unusual activity. 🗣Historical cases show: when major tokens actually appear in leading media, it's followed by official confirmation from the team and real market reaction. 🗣There's none of that here – pure speculation! 🟡 Meanwhile, the project is actively developing: Codex Season 0 launched on November 4th – a new Battle Pass system with a prize pool of 20,000 AXS. Regular Discord streams for community feedback have also started. Trade guidelines:📈 📉 📈 Growth above $1.30 – opens the road to $1.43. 📉 Falling below $1.20 – could send it to $1.11. Conclusion: Without fundamental catalysts, AXS remains in standby mode. The Axie Constitution vote could stabilize the token, but the unlocking of 103 million tokens by 2026 will create serious pressure. Keep a close eye on official announcements!
💦 Technical Analysis: Flow ( $FLOW ) Market capitalization: $424 million. The FLOW chart shows a smooth downward trend. At the same time, the price is forming levels quite close to each other. How to trade❔ 💬 Entry upon confirmation of a downward reversal. 💬 Profit target – before the nearest support level. 💬 Stop-loss – behind the candle configuration. 💬 If the stop loss is triggered, consider buys targeting the next level. Tactics are similar to selling. 2.Conclusion: Classic strategy on reversal patterns – if the model confirms, you can catch a good move.
CryptoQuant: long-term holders have sold ~815,000 $BTC over the last 30 days — the largest selling since January 2024. With demand weakening, this is adding downward pressure on the market. #MarketPullback
Today, Cardano is fighting to hold a critical support level, Bitcoin Cash shows the strength of a leader, and ThorChain forms clear technical patterns for attentive traders.
Analyze the levels, watch the volume, and don’t forget about risk management. Successful trading!