Adewalekean
BNB Holder
Occasional Trader
7.5 Years
7years in the crypto space and still learning!!
0 Following
68 Followers
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ETH dead!!!
I said it weeks ago, and I'll say it again. ETH is not the coin it used to be anymore. It's now a joy killing crypto, and I'm genuinely scared for the future of eth as it refuses to follow the btc trends anymore.
Anyway, you can either buy the dip and hope for the best or make further research on other alts and invest wisely. On the other end, I am still heavily bullish on eth, but I will stick to my analysis and turn deaf ears to whatever influencers have to say about the coin. DYOR and invest wisely. It's not over until it's over.
#MarketPullback
#ETH
I said it weeks ago, and I'll say it again. ETH is not the coin it used to be anymore. It's now a joy killing crypto, and I'm genuinely scared for the future of eth as it refuses to follow the btc trends anymore.
Anyway, you can either buy the dip and hope for the best or make further research on other alts and invest wisely. On the other end, I am still heavily bullish on eth, but I will stick to my analysis and turn deaf ears to whatever influencers have to say about the coin. DYOR and invest wisely. It's not over until it's over.
#MarketPullback
#ETH
Market Manipulations
The entire crypto market is now being manipulated for gains, and the sad truth is that smaller traders are taking the hit. It's now a gamble between the big guys and small traders.
what's your point of view on the current market?
#MANIPULATION
The entire crypto market is now being manipulated for gains, and the sad truth is that smaller traders are taking the hit. It's now a gamble between the big guys and small traders.
what's your point of view on the current market?
#MANIPULATION
Bull-Bear Market Cycle Indicator:
▪️The bull/bear market cycle indicator is a momentum metric.
▪️It measures the difference between the P&L Index and its 365-day moving average.
▪️Bull cycle - indicator above 0.
▪️Bear cycle - indicator below 0 and below its 365-day moving average.
▪️Most of the returns of bitcoin are made when the indicator is above 0 (bull market cycle).
▪️Prices enter into bear mode when the indicators switch from Bull to BEAR.
#AltCoinSeason #BullRunAhead
▪️The bull/bear market cycle indicator is a momentum metric.
▪️It measures the difference between the P&L Index and its 365-day moving average.
▪️Bull cycle - indicator above 0.
▪️Bear cycle - indicator below 0 and below its 365-day moving average.
▪️Most of the returns of bitcoin are made when the indicator is above 0 (bull market cycle).
▪️Prices enter into bear mode when the indicators switch from Bull to BEAR.
#AltCoinSeason #BullRunAhead
ETH is looking more like a dead project now. That's unfortunately sad!!#ETHBTCNewLow #EthereumPectraUpgrade #ethdead
What's your current take on the market?
At this point, it feels like the bull run might be over. I could be wrong, but the market seems riddled with manipulation. Technical and fundamental analysis don’t seem to be holding much weight anymore, and many traders are slowly shifting to the stock market for its more stable volatility.
My strategy now is to buy the dip and take profits when we see a recovery candle. If there’s a bigger pump, bag the profits accordingly and know when to exit, unless you’re holding for the long term.
Most importantly, control your emotions. Don’t let them dictate your trades. From my analysis, I still believe the market is shaking off FUD before a potential rally. But like I said, I could be wrong, and this might indeed mark the end of the bull season.
Trade smart, and avoid greed.
#BTCUptober #BTCReboundsAfterFOMC
At this point, it feels like the bull run might be over. I could be wrong, but the market seems riddled with manipulation. Technical and fundamental analysis don’t seem to be holding much weight anymore, and many traders are slowly shifting to the stock market for its more stable volatility.
My strategy now is to buy the dip and take profits when we see a recovery candle. If there’s a bigger pump, bag the profits accordingly and know when to exit, unless you’re holding for the long term.
Most importantly, control your emotions. Don’t let them dictate your trades. From my analysis, I still believe the market is shaking off FUD before a potential rally. But like I said, I could be wrong, and this might indeed mark the end of the bull season.
Trade smart, and avoid greed.
#BTCUptober #BTCReboundsAfterFOMC
JUST IN: 🇺🇸 Over $1.05 trillion was wiped out from the US stock market today.( Globally Red Market )#GlobalMarket #cryptomarketdump
In the past 24 hours , 76,198 traders were liquidated , the total liquidations comes in at $199.02 million
The largest single liquidation order happened on Binance - BTCUSDT value $2.00M
#CryptoMarketMoves #BTC☀ #LiquidationFrenzy
The largest single liquidation order happened on Binance - BTCUSDT value $2.00M
#CryptoMarketMoves #BTC☀ #LiquidationFrenzy
Daily Cryptocurrency Market Overview
The market shows growth. BTC rose to $59,232.53 (+2.65%). ETH increased to $2,522.56 (+3.15%).
🟢 Gaining assets: SOL: $134.986 (+5.24%), XRP: $0.566507 (+3.45%), BNB: $533.288 (+4.34%).
🔴 Declining assets: TRX: $0.153735 (-1.64%).
#Market_Update #BTC☀ #ETH🔥🔥🔥🔥
The market shows growth. BTC rose to $59,232.53 (+2.65%). ETH increased to $2,522.56 (+3.15%).
🟢 Gaining assets: SOL: $134.986 (+5.24%), XRP: $0.566507 (+3.45%), BNB: $533.288 (+4.34%).
🔴 Declining assets: TRX: $0.153735 (-1.64%).
#Market_Update #BTC☀ #ETH🔥🔥🔥🔥
Wash Trading in Cryptocurrency
Wash trading in cryptocurrency is a manipulation where the illusion of high trading volume is created on an exchange, which can artificially influence the price of a cryptocurrency.
This usually happens through transactions between related parties or by using automated algorithms that constantly buy and sell assets to each other.
Such actions can mislead investors by creating a false impression of liquidity and popularity of a particular coin.
In cryptocurrency markets, wash trading is common due to the lack of regulation, making it difficult to detect.
Main risks:
🔵 Wash trading can lead to significant price fluctuations, making the market more volatile and unpredictable.
🔵 Investors may make decisions based on false data, increasing the risk of financial losses.
🔵 The involvement of an exchange in wash trading can seriously undermine its reputation, negatively affecting user trust.
#EDUCATIONL_POST #CryptoMarketMoves
Wash trading in cryptocurrency is a manipulation where the illusion of high trading volume is created on an exchange, which can artificially influence the price of a cryptocurrency.
This usually happens through transactions between related parties or by using automated algorithms that constantly buy and sell assets to each other.
Such actions can mislead investors by creating a false impression of liquidity and popularity of a particular coin.
In cryptocurrency markets, wash trading is common due to the lack of regulation, making it difficult to detect.
Main risks:
🔵 Wash trading can lead to significant price fluctuations, making the market more volatile and unpredictable.
🔵 Investors may make decisions based on false data, increasing the risk of financial losses.
🔵 The involvement of an exchange in wash trading can seriously undermine its reputation, negatively affecting user trust.
#EDUCATIONL_POST #CryptoMarketMoves
Bitcoin has rebounded after testing the support line. The price was able to break out of the falling wedge pattern in an upward direction but was rejected near the key level of $60,000. A falling wedge is considered a bullish pattern, and we might see another test of the $60,000 resistance level.
#CryptoMarketMoves #BTC☀ #pumpiscoming
#CryptoMarketMoves #BTC☀ #pumpiscoming
What are Market Makers and Market Takers?
#EDUCATIONL_POST
Market Makers
Exchanges often calculate the market value of an asset with an order book. This is where it collects all the offers to buy and to sell from its users. You might submit an instruction that looks like the following: Buy 800 BTC at $4,000, for example. This is added to the order book, and it will be filled when the price reaches $4,000.
Maker (Post Only) Order like the one described requires that you announce your intentions ahead of time by adding them to the order book. You’re a maker because you’ve “made” the market, in a sense. The exchange is like a grocery store that charges a fee to individuals to put goods on the shelves, and you’re the person adding your own inventory.
It’s common for big traders and institutions (like those specializing in high-frequency trading) to take on the role of market makers. Alternatively, small traders can become makers, simply by placing certain order types that aren’t executed immediately.
Please note that using a limit order does not guarantee that your order will be a maker order. If you want to make sure the order goes into the order book before it is filled, please select “Post only” when placing your order (currently only available on the web version and desk version).
Market Takers
If we keep the store analogy going, then surely you’re putting your inventory on the shelves for someone to come and purchase it. That someone is the taker. Instead of taking tins of beans from the store, though, they’re eating into the liquidity you provide.
Think about it: by placing an offer on the order book, you increase the liquidity of the exchange because you make it easier for users to buy or sell. On the other hand, a taker removes part of that liquidity. with a market order – an instruction to buy or sell at the current market price. When they do this, existing orders on the order book are filled immediately.
If you’ve ever placed a market order on Binance or another cryptocurrency exchange to trade, say then you’ve acted as a taker. But note that you can also be a taker using limit orders. The thing is: you are a taker whenever you fill someone else's order.
Market Makers
Exchanges often calculate the market value of an asset with an order book. This is where it collects all the offers to buy and to sell from its users. You might submit an instruction that looks like the following: Buy 800 BTC at $4,000, for example. This is added to the order book, and it will be filled when the price reaches $4,000.
Maker (Post Only) Order like the one described requires that you announce your intentions ahead of time by adding them to the order book. You’re a maker because you’ve “made” the market, in a sense. The exchange is like a grocery store that charges a fee to individuals to put goods on the shelves, and you’re the person adding your own inventory.
It’s common for big traders and institutions (like those specializing in high-frequency trading) to take on the role of market makers. Alternatively, small traders can become makers, simply by placing certain order types that aren’t executed immediately.
Please note that using a limit order does not guarantee that your order will be a maker order. If you want to make sure the order goes into the order book before it is filled, please select “Post only” when placing your order (currently only available on the web version and desk version).
Market Takers
If we keep the store analogy going, then surely you’re putting your inventory on the shelves for someone to come and purchase it. That someone is the taker. Instead of taking tins of beans from the store, though, they’re eating into the liquidity you provide.
Think about it: by placing an offer on the order book, you increase the liquidity of the exchange because you make it easier for users to buy or sell. On the other hand, a taker removes part of that liquidity. with a market order – an instruction to buy or sell at the current market price. When they do this, existing orders on the order book are filled immediately.
If you’ve ever placed a market order on Binance or another cryptocurrency exchange to trade, say then you’ve acted as a taker. But note that you can also be a taker using limit orders. The thing is: you are a taker whenever you fill someone else's order.
JUST IN:
Fed Chairman Powell says "the time has come for Fed policy to adjust.
What's your take on this?
#news #PowellSpeech #policy
Fed Chairman Powell says "the time has come for Fed policy to adjust.
What's your take on this?
#news #PowellSpeech #policy
ETH/USDT ANALYSIS
After the consolidation within the ascending triangle, the price has now broken out of the triangle and is currently retesting the upper boundary.
The Ichimoku Cloud is acting as support and indicating bullish momentum. A successful retest would confirm the bullish breakout.
However, if the retest fails, we might see further price movement within the pattern.
#CryptoMarketMoves #ETH #Bullish
After the consolidation within the ascending triangle, the price has now broken out of the triangle and is currently retesting the upper boundary.
The Ichimoku Cloud is acting as support and indicating bullish momentum. A successful retest would confirm the bullish breakout.
However, if the retest fails, we might see further price movement within the pattern.
#CryptoMarketMoves #ETH #Bullish
All eyes on ETH
Why the slow movement and no significant recovery yet on ETH since other alts have recovered to a point since the last heavy dump. Could it be that ETH is getting ready for a massive move or the traders' buying power dropped and the market might see another fall?
Anyway, fingers crossed. Personally I'm heavily bullish on ETH and until there is a reduction in BTC dominace, ETH won't project. Enjoy the ride and brace for a huge ETH impact on the market in coming days/weeks.
#CryptoMarketMoves $ETH
Why the slow movement and no significant recovery yet on ETH since other alts have recovered to a point since the last heavy dump. Could it be that ETH is getting ready for a massive move or the traders' buying power dropped and the market might see another fall?
Anyway, fingers crossed. Personally I'm heavily bullish on ETH and until there is a reduction in BTC dominace, ETH won't project. Enjoy the ride and brace for a huge ETH impact on the market in coming days/weeks.
#CryptoMarketMoves $ETH
Educational Post!
What is FOMO?
Fear of Missing Out (FOMO) is the fear of missing an opportunity, often experienced by traders and investors in the cryptocurrency market.This term describes the psychological pressure when a person sees asset prices rising and fears missing out on a profit if they don't enter the market.
How does FOMO manifest in cryptocurrency?
🔵 Impulsive buying: When the price of a cryptocurrency is rapidly increasing, people may rush to buy assets, fearing that they will continue to rise and they will miss their opportunity.
🔵 Unplanned decisions: Under the influence of FOMO, investors may ignore their initial strategies and invest in assets without proper analysis, increasing the risk of losses.
🔵 Social pressure: The influence of social media and forums, where "missed" opportunities are discussed, can push people towards rash actions.
#FOMO #BTC #EDUCATIONL_POST #CryptoDecision
What is FOMO?
Fear of Missing Out (FOMO) is the fear of missing an opportunity, often experienced by traders and investors in the cryptocurrency market.This term describes the psychological pressure when a person sees asset prices rising and fears missing out on a profit if they don't enter the market.
How does FOMO manifest in cryptocurrency?
🔵 Impulsive buying: When the price of a cryptocurrency is rapidly increasing, people may rush to buy assets, fearing that they will continue to rise and they will miss their opportunity.
🔵 Unplanned decisions: Under the influence of FOMO, investors may ignore their initial strategies and invest in assets without proper analysis, increasing the risk of losses.
🔵 Social pressure: The influence of social media and forums, where "missed" opportunities are discussed, can push people towards rash actions.
#FOMO #BTC #EDUCATIONL_POST #CryptoDecision
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