Mr-Truong

Every day a word that anyone interested can learn to guess. #answerthequestion

From today, everyone can try their luck in guessing the word. #answerthequestion #answer

$SUI 1. Price & Volatility

The price is around 4.01 USD, slightly up +0.058% compared to the previous session. Today's range is between 3.76–4.01 USD.
2. Short-term Momentum

The price of SUI is increasing due to maintaining a positive short-term trend; currently trading above the 50-day SMA, supporting the upward trend.

.
The Stochastic index is showing a bullish divergence after hitting oversold levels – this is a positive sign if the support range of 3.75–3.80 USD holds strong.

3. Liquidity & Market Health

The 24-hour trading volume is between 1.1–1.15 billion USD, reflecting high interest and stable cash flow on Binance.

In the last 7 days, SUI has increased approximately +15%, surpassing the average growth of Layer-1 (~+5–6%).

4. Technical Perspective

Analysts forecast that SUI could continue to rise if it maintains the support level of 3.75–3.80 USD, targeting the range of 4.30–4.50 USD.

Some sources expect that if a clear breakout occurs and is maintained, the price could reach 4.75–5.00 USD by the end of the month.

#StablecoinLaw 🔍 What is Stablecoin Law?
It is the first official legal framework regulating stablecoins used in payments — particularly related to reserve requirements, transparency disclosures, and licensing oversight — recently marked by the passage of the GENIUS Act in the United States.

🛡️ Key Points:
1:1 Reserve Requirement
Stablecoins must be fully backed by low-risk value assets (USD, treasury bonds), held in a separate account and subject to regular audits.

“Dual Licensing” Oversight
Dual licensing mechanism:
Federal agencies (federal banks, OCC…) license larger organizations.
State agencies license smaller organizations, with those exceeding USD 10 billion needing to transition to federal licensing.

Anti-Money Laundering Requirements, Transparency Reporting
Compliance with AML/KYC laws, monthly reserve disclosures, audits per PCAOB if large scale.
WIRED

Prohibition on Direct Interest Payments from Stablecoins
Issuers are not allowed to pay interest to stablecoin holders, to prevent turning it into a risky financial product.


Oversight of Foreign Issuers
Issuers launching stablecoins in the U.S. market must also adhere to equivalent regulations.


Official Effectiveness and Transition Period
The law takes effect approximately 120 days after the regulations from the agency, or 18 months after being signed into law — the time for organizations to prepare for compliance.

✅ Implications for the Industry:
Clarifies the legal capital for issuing and using stablecoins, enhancing their adoption in payments and e-commerce.
Increases user trust, encouraging banks and fintechs to issue their own stablecoins (Bank of America, JPMorgan...)
Investment Market
.

📊 Brief analysis of BTC today (20 Jul 2025):
1. Price & Recent Volatility

Currently trading around ~118,100 USD, slightly down about –0.15% for the day.
Kiplinger
+8
YCharts
+8
changelly.com
+8
Price peaked during the day near 118,340 USD, bottomed around 117,476 USD – currently in a sideways phase after a recent strong rise.
Reuters
+2
YCharts
+2
The Economic Times
+2
2. Foundation supporting bullish trend

Just broke the historical peak of ~123,000 USD in the first week of July, thanks to a wave of supportive crypto legislation in the US (GENIUS Act, CLARITY Act...).
The Economic Times
+3
Investors
+3
The Economic Times
+3
Institutional capital continues to increase: Bitcoin ETF attracting billions of USD, creating a solid foundation for the long-term trend.
Reuters
+15
Wikipedia
+15
Kiplinger
+15
3. Risks and pull-back scenarios

Analysts point out the possibility of a correction to the range of 114–119 k USD to "fill gap" before continuing to rise to the target of 170–200 k USD.
Mitrade
+1
YCharts
+1
Market index (Fear & Greed around “Greed”) and gamma dealer may create short-term pressure.
Mitrade
🔍 Quick summary:
Perspective Assessment
Medium-term Still maintaining a strong upward trend, opportunity to surpass the mark of 130k – 170k USD if crypto laws continue positively.
Short-term Mild correction around the range of 116k–118k can be seen, no new breakout formed yet.
Pragmatic strategy Allocate a small amount to observe (wait-and-see), wait for the price to return to the support area (~114–118k) then consider buying more.

#MyStrategyEvolution MyStrategyEvolution (My Trading Strategy Development Process) is a way to synthesize, evaluate, and continuously adjust personal trading strategies to better fit the market and the trader themselves.

🔍 Brief Summary:
Phase Main Content
1. Start Starting from a simple strategy (e.g.: HODL, DCA, Moving Average…).
2. Testing Backtest, forward test, small trades to verify effectiveness.
3. Making Mistakes & Learning Losing money, experiencing FOMO, wrong stop-loss… → record and analyze.
4. Optimization Improving the strategy: adding indicators, managing capital, enhancing entry/exit points.
5. Automation (if any) Writing bots, using scripts, optimizing order execution quickly – eliminating emotions.
6. Periodic Evaluation Reviewing effectiveness weekly/monthly and adjusting if necessary.
🧠 The goal of MyStrategyEvolution:
Not to find the perfect strategy, but to find a strategy that suits you, cultivated and improved over time.
✅ Benefits of applying MyStrategyEvolution:
Understanding which style suits you: scalping, swing, trend, hold...
Avoiding repeating old mistakes.
Building a disciplined, flexible, personalized trading system.

#TradingStrategyMistakes Below is a brief analysis of TradingStrategyMistakes – common mistakes when applying trading strategies:

❌ What are TradingStrategyMistakes?
They are common errors that traders make when designing, executing, or adjusting trading strategies, leading to losses or poor performance.

⚠️ Typical mistakes:
Mistake Brief description
No clear strategy Trading based on emotions, rumors.
Overtrading Opening too many positions, lacking selectivity.
Not setting stop-loss Not cutting losses when they occur, risking account depletion.
Not adhering to discipline Knowing the rules but not following them.
Chasing the market (FOMO) Entering trades due to fear of missing out, without clear signals.
Incorrect backtesting Using inaccurate data or simulated trades.
Not managing capital Investing too much money in one trade, high risk.
🧠 In summary:
TradingStrategyMistakes = Common errors that reduce the effectiveness of trading strategies, even if the strategy might be correct. Avoiding mistakes is more important than finding the "perfect" strategy.

#ArbitrageTradingStrategy 🔍 What is Arbitrage Trading?
Arbitrage Trading Strategy is a strategy to profit from the price differences of the same asset across two or more different markets, with almost no market risk if done correctly.

📈 Key Features:
Component Details
Trading Asset For example: BTC on Binance and Coinbase
Strategy Buy on the exchange with the lower price, sell on the exchange with the higher price → profit from the difference
Common Types of Arbitrage Spot–spot, spot–futures, cross-exchange, triangular...
✅ Advantages:
Low risk if executed quickly and correctly.
Can be automated with bots to continuously exploit opportunities.
⚠️ Risks:
Transaction fees and coin transfer fees can erode profits.
Latency can cause missed opportunities.
Large capital is needed to capture small differences.
🧠 In summary:
Arbitrage Trading Strategy = Simultaneously buying and selling an asset in two markets to profit from price differences, low profit but low risk.

#TrendTradingStrategy 🔍 What is Trend Trading?
TrendTradingStrategy is a trading strategy based on identifying and following the main trend of the market – buying when the trend is up, selling when the trend is down.

📈 Key Features:
Component Details
Trading Signals Based on long-term/medium-term trends
Popular Tools MA (Moving Average), Trendline, MACD, ADX
Core Principle "Trend is your friend"
✅ Advantages:
Effective when the market has a clear trend.
Can hold long positions to maximize profits.
⚠️ Risks:
Losses if the market goes sideways.
Late entry/exit if the timing is not correctly identified.
🧠 In summary:
TrendTradingStrategy = Trading in the direction of the main trend (up or down), holding positions until the trend reverses.

#BreakoutTradingStrategy 🔍 What is Breakout Trading?
Breakout Trading Strategy is a trading strategy based on buying when the price breaks through resistance or selling when the price breaks through support, expecting the price to continue moving strongly in the direction of the breakout.

📈 Key features:
Component Details
Key levels Support (support) & Resistance (resistance)
Buy signal When the price breaks through resistance accompanied by increased volume
Sell signal When the price breaks through support
Supporting tools Trendline, Bollinger Bands, Volume, RSI...
✅ Advantages:
Captures strong trends right from the start.
Often yields significant profits if the breakout is genuine.
⚠️ Risks:
False breakouts are very common.
Needs to be combined with volume, confirmation, and tight stop-loss.
🧠 In summary:
Breakout Trading Strategy = Trading in the direction of breaking key levels, expecting the price to continue moving strongly in the new trend.

#DayTradingStrategy 🔍 Brief Summary:
Component Details
Day Trading Strategy of buying and selling assets within the same trading day, without holding positions overnight.
Objective To take advantage of short-term price fluctuations to make small profits - repeated multiple times throughout the day.
Applicable Assets Crypto, stocks, forex, futures...
📈 Key Features:
Based on technical analysis (indicators like RSI, MACD, Bollinger Bands...).
Trades many orders/day (scalp or short orders of a few hours).
Often uses leverage to increase profits (and risks).
Requires discipline and quick reactions.
✅ Advantages:
Opportunities for quick, consistent profits.
No risk of overnight volatility.
Proactive capital and order management.
⚠️ Risks:
Easy to lose money if lacking discipline or without a clear strategy.
High transaction fees (due to continuous trading).
Stressful, time-consuming to monitor the market.
🧠 In summary:
DayTradingStrategy = Fast day trading, profiting from short-term fluctuations, requiring skill, discipline, and good reflexes.

#HODLTradingStrategy HODLTradingStrategy is a simple yet effective long-term investment strategy, based on the principle:

🔍 Brief summary:
Component Meaning
HODL Misspelling of "HOLD", meaning to hold assets long-term regardless of short-term fluctuations.
Strategy Buy crypto (such as BTC, ETH...) and do not sell regardless of whether the market goes up or down.
Goal To take advantage of the long-term upward trend of assets (especially blue-chip crypto).
📈 Application:
Suitable for those who believe in the long-term value of crypto.
Fewer transactions → avoid fees, taxes, and emotional decisions.
Can be combined with the DCA (Dollar-Cost Averaging) strategy – buying evenly over time.
✅ Advantages:
Simple, no need to continuously monitor the market.
Effective if the asset rises significantly in the long term.
⚠️ Risks:
The market may decline sharply or remain flat for many years.
Psychological instability during strong downturns.
Not suitable if investing in high-risk altcoins or those without long-term value.
👨‍🏫 In summary:
HODLTradingStrategy = Buy and hold long-term, ignore short-term fluctuations, believe in the long-term upward trend of the market.

#SpotVSFuturesStrategy SpotVsFuturesStrategy is a trading strategy that leverages the price difference between the spot market (immediate delivery) and the futures market (future contracts) to seek profits.

🔍 Brief Summary:
Component Meaning/Details
Spot Buy/sell real assets (e.g., BTC, ETH) on the spot market.
Futures Trade derivative contracts (predict the future price of assets).
Main Strategy Buy in one market, sell in another when there is a price difference (arbitrage or hedge).
Objective Profit from price differences (spread) or hedge against risks.
📈 Simple Example:
BTC in Spot: 60,000 USDT
BTC Futures (1 month): 61,000 USDT
➡️ Arbitrage Strategy:
Buy BTC in Spot (60k), simultaneously sell Futures (61k) → earn 1,000 USDT (excluding fees).
✅ Advantages:
Can earn profits with almost no risk (if spread is stable).
Useful for risk hedging strategies in investment portfolios.
⚠️ Risks to note:
Funding rate (in Futures) may fluctuate unfavorably.
Futures price may not converge to Spot as expected.
Leverage or mismanagement of capital can cause losses.

#BinanceTurns8 everyone come and receive the reward

#CryptoMeteorShower Nhận thưởng thôi

New vocabulary for today
#WOLDOFTHEDAY #answer7 #Answerwords

🔗 1. What is WalletConnect?

WalletConnect is an open-source protocol that creates a secure bridge between wallets and decentralized applications (dApps) without disclosing private keys, using QR codes or deep links.
Supports cross-chain: Ethereum, Solana, Cosmos, Bitcoin, etc. with over 600 wallets and 40,000 integrated dApps, achieving over 240 million connections and 38 million users.
Main components: Service Node, Gateway Node, Relay to transmit encrypted data from wallets to dapps.

🪙 2. What is the WCT token?

WCT is the native token of WalletConnect, issued on Optimism (ERC-20), with a total supply of 1 billion WCT, unlocking the ability for free transfers from April 15, 2025.
Total supply allocation:
Foundation: 27%, Airdrop: 18.5%, Team: 18.5%, Rewards: 17.5%, Backers: 11.5%, Core Dev: 7%.

⚙️ 3. Uses of WCT

Staking: Users/stakers lock WCT to support the network, receiving weekly rewards based on "stake weight" (number of tokens × lock time).

Governance: Holders have the right to vote on proposals such as service fees, system upgrades.
Rewards: Former node operators and wallets are rewarded based on performance such as uptime, latency...

Network fees: Expected to be applied for payment of relay/message fees when approved by the community.
Development status & direction

Token & staking opened: staking from November 26, 2024, rewards starting December 19, 2024.
docs.walletconnect.network.

Official transferability from April 15, 2025, after satisfying 5 conditions (node, staking >100M, audited, v.
#WalletConnect #WTC

Today's keywords consist of 8 words, feel free to check them out.
#answerwotd #answer8 #answerthequestion #answer

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Access the invitation code BTTC 84099612 to mine for free and easily withdraw to the Binance exchange quickly. Visit bttc dot ai and enter the invitation code to accelerate the mining speed.
This project is led by Mr. Justin Sun, so everyone can rest assured, be quick as the quantity is limited. #bttc

From everyday and today is a cluster of 6 words
#wodl_binance_answer_6_letters #wodlanswer #WODL_word_of_the_day_BINANCE #WODLHelp