In the first half of July, short sellers faced liquidation, with nearly 1 billion dollars at stake; In the second half, it's the turn of the bulls to suffer, again nearly 1 billion. What goes around comes around, who will it be in August?
A giant whale crazily bought 79,461 of #ETH last week, spending about 270 million dollars! But Ethereum has recently dropped by 14%... What does this indicate? The buyers are fierce, but there are even more sellers! The market selling pressure is stronger than you think, and even whales can't withstand the speed of retail investors selling off collectively!
Weekend Market Briefing: BTC drops below 113K, ETH falls below 3500! Pi hits an all-time low, but #xrp and #TON rise against the trend, the market is a tale of two extremes!
In the short term, there will not be a direct rebound; it is highly likely to experience repeated fluctuations and consolidation, suitable for taking advantage of volatility and adjusting positions to average down.
As long as #BTC holds at 113500 and #ETH supports at 3450, there won't be significant issues. Other coins are also fluctuating up and down, so don't panic; just stay calm!
This wave of diamond hands is really tough, lost a lot 😂 Ethereum broke 3500 this morning, selling pressure has been digesting from 2300 to 3900... I mentioned a pullback a few days ago, but I still have a bullish outlook for the long term 📈 Taking advantage of this drop, I’ve stashed some coins, betting on a rebound~ Now I'm focusing on the level one "conspiracy projects," I just doubled one yesterday, let’s see if I can get another explosive one today!
The sudden drop of 9% in #PEPE has caused many to panic. Should one rush to escape to save themselves, or is it a good opportunity to buy at a low position? At this time, whales are crazily increasing their holdings, making the market sentiment even more confusing—some are cutting losses and leaving, while others are seizing the opportunity to buy. Who will ultimately be the final winner?
#pump suddenly surged by 30%, this wave of movement directly ignited market sentiment! Buybacks assist, whales are frantically scooping up, it looks like an 'annoying rebound', but will this time really take off?
When Ethereum rises, the Ethereum Foundation sells coins; every time they sell, ETH is sure to drop! Almost every time it's like this... Ultimately, the biggest short seller of Ethereum might just be its own mother👀
The trend of Ethereum is too similar to that of Bitcoin back in the day; reaching 10,000 USD is really not a dream. Right now, the influx of funds is even stronger than Bitcoin, and with institutions supporting it, it can't really drop.
I've also made up my mind: I'm not selling, I'm holding steady! #以太坊十周年
Waking up, Ethereum has floated back to 3800+, but most altcoins are still struggling at the bottom. As I mentioned a couple of days ago, $GNS has started to rally today~ Most coins will take turns to rise; the key is, did you choose the right one? Can you hold on? Like the new coin $KERNEL, its trend was very strong on July 14, and it has already more than doubled; those who held on are tough guys. Also $ENA, the pullback after breaking 0.5 last time was an opportunity, and then it steadily fluctuated upwards. Buying at the bottom is luck, holding on to double is strength 💪
The counterfeit keeps falling, and faith is gradually being extracted like this. Last night, I was influenced by OMNI and couldn't help but buy a few more. This side is also keeping an eye on it; the black dog and donkey are quite interesting, it remains to be seen if a new SBC leader can emerge.
Counterfeit micro-strategies are all diving tonight, and US stock investors are being trapped by cryptocurrency companies for the first time. Interestingly, the tokens are surprisingly holding up. In summary: Tokens are tokens, stocks are stocks, don't mix them.
Dogecoin, #SHİB , #pepe lead the memecoin crash, plummeting across the board! The crypto market evaporated over 120 billion dollars overnight, with funds fleeing in panic, while Bitcoin remained steady like an old dog, watching from the sidelines, as if to say: 'You all go into chaos, I'm staying put.'
$CFX is not suitable to chase anymore, it's about time to take profits. If you want to continue going long, wait for a correction structure to appear before proceeding, if it breaks through the previous high, the target looks towards 0.3.
The short position is still there, the dog's life is still there. The monthly line is approaching, Bitcoin has multi-cycle divergence, and the sideways trading time is far from enough, with significant adjustment pressure. Ethereum gets scared every time it reaches 4000, this time it started to weaken at 3900, and the pattern is clearly resisting. The US stock market is slowly rising but can drop at any moment, BNB hits a new high, while altcoins are struggling, each moving at their own pace. Summary: Little Q still leans bearish, patiently waiting for adjustments!
Is #Optimism (OP) about to take off? Under the stimulus of the significant news of its launch on Upbit, coupled with the fact that it is approaching a key resistance level, with double positive factors emerging, funds are expected to quickly flow back, and the market really seems to be on the move!