Positive Projections Boost Bitcoin (BTC) While Altcoins' Optimism Falls Short
The cryptocurrency market has seen significant recovery recently, but there is a growing disparity in risk appetite among market participants. Bitcoin traders are well positioned for its rally, but optimism in the altcoin space has led to substantial losses, according to a recent report.
After the approval of Bitcoin ETFs in January 2024, a divergence emerged in the liquidation patterns of Bitcoin and altcoins. Traders betting against Bitcoin during its price rise were repeatedly forced to exit their positions. However, the same cannot be said for altcoins where long liquidations surged to nearly $1 billion, indicative of continued downward pressure and failed recovery bets.
Despite the broader underperformance, some altcoins stand out, with five named by analyst Rekt Fencer that he predicts could surge if the market momentum continues.
🌍 #STEPN & #STEPNGO Global IRL Meet-ups – June Edition 💥
New cities, fresh energy, and unforgettable events are on the way this month!
From São Paulo to Monaco, the movement keeps growing 👇
🇧🇷 São Paulo – June 4–5
👉 FSL at TokenNation Brasil 2025
@KleberSTEPN, @bruna_uchoa & @bielcryptoo will represent at @tokennation_io Brasil 2025, one of Latin America’s biggest Web3 events!
🎉 Expect GMT Pay demos, prize wheels with GMT, Shoeboxes & more, plus a chance to win full event passes!
🇧🇾 Grodno – June 15
👉 Garadenskaya Vandrouka
A legendary race through the streets of Grodno with over 1400 runners! @TatsianaSTEPN & the STEPN Run Club Belarus are stepping in strong—winners take home official STEPN merch 🏅🇧🇾
🇵🇹 Algarve – June 22
👉 STEPN Algarve Walk
Join @lourotrail, @ABCAlgarve, @AlgarveEvo & @SuiPTCommunity for a scenic hike at the stunning 7 Hanging Valleys Trail 🌊
Games, reels, community, and major prizes—including GMT & Shoeboxes.
🇲🇨 Monte Carlo – June 29
👉 First-Ever STEPN Monte Carlo Meet-Up
After WAIB Summit, @TheGreekQue3n leads a coastal walk by the legendary Monaco Casino! 🏖️✨
🎉 Full details & registration: https://t.co/ZmOF4CC96s
Wherever you are, there’s a STEPN event for you 🌍👣
May 30 Update:
10 #Bitcoin ETFs
NetFlow: -1,977 $BTC(-$208.78M)🔴
#Fidelity outflows 1,571 $BTC($165.092M) and currently holds 198,291 $BTC($20.95B).
9 #Ethereum ETFs
NetFlow: +37,685 $ETH(+$97.45M)🟢
#iShares(Blackrock) inflows 19,069 $ETH($49.31M) and currently holds 1,389,780 $ETH($3.59B).
May 30 Update:
10 #Bitcoin ETFs
NetFlow: -1,977 $BTC(-$208.78M)🔴
#Fidelity outflows 1,571 $BTC($165.092M) and currently holds 198,291 $BTC($20.95B).
9 #Ethereum ETFs
NetFlow: +37,685 $ETH(+$97.45M)🟢
#iShares(Blackrock) inflows 19,069 $ETH($49.31M) and currently holds 1,389,780 $ETH($3.59B).
https://x.com/lookonchain/status/1928105407555457539
ANOTHER WHALE LOST EVERYTHING GAMBLING ON HYPERLIQUID.
HE WENT FROM $27.88 MILLION IN PROFITS TO $41K LOSS.
AND HE DID THE SAME MISTAKES AS 40X BITCOIN WHALE.
HERE ARE A FEW THINGS YOU COULD LEARN FROM THEIR MISTAKES 👇
1⃣ TAKE A BREAK
TRADING IS 50% LUCK AND 50% SKILLS.
WHEN YOU'RE WINNING CONSISTENTLY, TAKE A BREAK BECAUSE YOU'LL SOON RUN OUT OF LUCK.
2⃣ AVOID REVENGE TRADING
WHEN YOU LOSE BIG, RETHINK YOUR STRATEGY.
MOST TRADERS DOUBLE DOWN AFTER LOSING BIG, ONLY TO LOSE EVEN MORE.
3⃣ SECURE YOUR INITIALS
SECURING YOUR INITIAL INVESTMENT IS VERY MUCH NEEDED.
WHEN YOU MAKE PROFITS, TAKE OUT YOUR INITIALS AND SOME PROFITS.
PLAY WITH THE REMAINING PROFIT AND DON'T TOUCH YOUR INITIAL INVESTMENT, NO MATTER WHAT.
THIS WAY IF YOUR TRADES GO TO ZERO, YOU'LL STILL BE UP FROM WHERE YOU STARTED.
4⃣ DON'T TRADE PUBLICLY
IF YOU'RE TRADING WITH BIG SIZE, NEVER DO IT PUBLICLY.
THERE ARE WAY MORE BIGGER PLAYERS IN THIS SPACE WHO WILL LIQUIDATE YOU JUST FOR FUN.
IF YOU'LL WATCH THE PAST FEW DAYS PRICE ACTION, YOU WILL UNDERSTAND THAT EVERY BTC MOVE WAS JUST TO LIQUIDATE 40X WHALE.
COMPARING STAKING AND SAVINGS YIELDS ON LEADING #CEX
Graphic provides a comparative analysis of staking and flexible savings yields across top centralized exchanges (#CEX). It displays the interest rates available for various assets, such as $USDT, $USDC, $BTC, $XRP, $SOL, and $BMX, provided by platforms like @BitMartExchange, @binance, @okx, @Bybit_Official, and @bitgetglobal.
*Users who successfully subscribe to the event products will receive double APY returns, and the extra returns will be regularly distributed in the form of futures rebate cards.
$NMR Trading at $10.86 – Consolidating After Strong Surge
NMR is currently trading at $10.86, consolidating after a significant price surge. The price is currently holding above immediate support, and its ability to maintain these levels will determine if the bullish momentum can continue or if a correction is due.
Key Levels:
Resistance: $11.00 (immediate), $11.20 (stronger)
Support: $10.68 (immediate), $10.30 (stronger)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move above $11.00 could target:
Target 1: $11.20
Target 2: $11.50 (implied, near recent high)
Bearish Entry: A break below $10.68 could target:
Target 1: $10.30
Target 2: $10.00 (round number support)
NMR/USDT is at a pivotal point. A successful defense of $10.68 could lead to further upside, while a sustained break below it suggests a deeper retracement after its recent rally.
#ElonMuskDOGEDeparture
#TradingTypes101
#TrumpMediaBitcoinTreasury
{spot}(NMRUSDT)