The cash flow into the Crypto Market over the past month has shown positive signals
Daily net cash flow has been continuously flowing into the market in recent days
The selling pressure and withdrawals from current investors have gradually diminished, with no strong fluctuations like before
However, the cash flow from TradFi has not yet shown signs of recovery, and there is still a lack of significant participation from traditional investors #TradersBootCamp
$BTC on the H4 chart keeps dropping every time it touches the EMA200, not sure how it will go this time 🥲
The market sentiment is generally quite bleak as aside from CZ/Sun's dirty shilling of a few meme coins, there hasn't been a compelling story to drive the next bullish wave.
Recently, there's been buzz that in July, Mr. Powell will stop QT, but stopping QT doesn't necessarily mean QE will follow. Overall, nothing is clear yet and it hasn't been priced in, what we should do now is stay still and wait quietly.
Next to CZ and BNB, which are very hot, there is still a dangerous duo that is no less than them: Sun the Dog and the Tron system.
Recently, Sun the Dog followed in CZ's footsteps by starting to shill the meme of the Tron system with the first shot being the $SZN token that has skyrocketed from the bottom!
There are 2 things you should note about Sun. The first is that among the 3 musketeers of 2021 - Sam, CZ, and Sun - he is the only one who hasn't gone to jail. The second is that the $TRX chart has almost no downtrend. And on Tron, there’s nothing but a pile of USDT.
Have you ever wondered?😁
Chart: $TRX is extremely strong, outperforming both $BTC and a number of altcoins.
Last week, $BTC closed with a green candle, but the closing price was below the 34 EMA Weekly -> there is still no buying pressure participating in the larger timeframe.
The smaller timeframe is Daily, which is waiting for the EMA to pull down -> there are no positive signs yet. H4/H1 is in a prolonged state.
🟦 Plan: Look for short opportunities when the price approaches the 34 and 89 EMA on the Daily timeframe, the two nearest support levels are 74000 and 66000.
I will enter the Altcoin rebound wave when $BTC reaches the above two support levels in the coming months, for now, it's time to grab a hoe and go to work ✊ #TradersBootCamp
- Previously, it was the battle of $OP $ARB or $STRK
- And now it’s $SUI or $APT
I haven’t found a reason to choose $SUI or $APT at the current price range.
- $SUI has pushed more than x10 from the bottom. Those who missed the boat may have sold too early, so if the price drops, they might tend to buy back what they lost. And $SUI has never stopped being hot, especially with constant mentions on social media + Trump also stocking up, which seems a bit crazy.
=> So, according to you, will the fish push for those on the steep side to profit again?
At least it should be a boring ride for a while.
- As for $APT, the chart hasn’t been able to push as strongly as $SUI. The price is also just dropping. It’s at strong support, but looking at this situation, there might be a bounce, but it would likely drop again.
=> If it continues to drop or, worst case, tests a new bottom, then you should ask why a good coin is dropping sharply and testing new lows.
Learned a deep lesson from $WLD, $STRK,... if we’ve made mistakes, we must correct them.
Currently, there’s a nice $S as well, but the more it’s mentioned, the more it becomes scary.
$BTC hasn’t fully filled the 85k gap yet, so a bounce will probably happen, but for now, I’m mainly observing. If I do trade, it’ll just be spot trading for a quick gain, not accumulating more at this stage.
If the market bounces strongly, then I will restructure my portfolio again, focusing on safe coins and looking for other opportunities in the future to recover from the losses of a few altcoins from the recent wave. #TradersBootCamp
Binance is taking unusual actions on the BNB chain by accumulating a massive amount of $BNB just 4 hours ago from the wallet address CLONE linked to the exchange.
In this post, I will soon update you with information related to this behavior.
Is this truly the bottom area? What is Binance's purpose in taking action?
In previous articles, I mentioned that Binance is setting up a large amount of USDT and USDC to get ready to play with the market when prices are low, and now they have indeed taken action.
I hope you readers enjoy this series of research content from me. #TradersBootCamp
Calculate the distance between "the teacher" and that fragile dude. American President Donald Trump is no exception.
About last year when President Trump was still in the election campaign, people everywhere, especially those in the crypto community, hailed him as a saint. Now that he has been elected, after the rug meme and random import tariffs, the market took a strong dump and he has become "that guy".
Black man Arthur Hayes, the former CEO of BitMEX, recently wrote something quite interesting about Trump.
"People need to understand who Trump is. He is a seasoned real estate trader. And to succeed in real estate, he needs to be able to borrow a huge amount of money at the lowest possible interest rate. After that, to sell the house or rent it out, he needs to know how to "hype" how great his real estate is and how wonderfully it will develop."
In the past 30 days, Hyperliquid has been attracting a large volume of trading from traders.
Perp Volume (Future): 333.25B
Spot Volume: 5.50B
This indicates that current traders tend to use Hyperliquid more frequently.
As you know, with a real product project and community-oriented, the cash flow of Hyperliquid will be allocated to the Community.
With larger trading volumes -> the fees collected will be higher. This means that LPs will benefit along with a significant buyback of $HYPE tokens.
=> Supply decreases, selling pressure lessens, token value is easier to grow.
In the past 30 days, there have been 67.75M in fees, of which 4.74M has been allocated to LPs and 63.01M has been used to buy back $HYPE. #TradersBootCamp
Just the other day Solana was the king, everyone was shouting this cycle $SOL 4 digits... And now it's so harsh.
The leading asset of this season has now also hit rock bottom. Holding onto an asset when a massive amount is being unlocked has never been a good idea.