🚀 Let’s boost each other’s #Pi mining rate significantly! 💰🔥
Just open the Pi Browser, tap on the PROFILE icon, and search for @hasannaved hasannaved. Add me, and I’ll add each and every one of you once I see you in my circle ⭕!
More miners = Faster growth = Bigger rewards! Let’s make it to the moon together! 🌙🚀
Rug pulls... Allegations against creators and influencers creating meme coins powered by Solana... Developers abandoning a project after pocketing investor funds... The monthly transaction fees spend on SOL are at an all-time high... The rise of dissatisfaction of participants looking for quick profits in the Solana casino won't stop... All this overrides every fundamental partnership and achievement of the whole blockchain ecosystem and leaves a sour taste in the crypto community's mouth. More and more people seeking out for longevity: roadmaps, partnerships and active development, and especially third-party code audits regarding red flags in meme coin projects.
Big investors and institutions took profit at the double-top and swapped to other blue-chip coins like ETH or BNB which on-chain activity has just risen steadily over the last weeks while becoming the more safer bets for the upcoming bullrun. This dump of SOL is just the beginning of what is to come and it just depends on how fast it's gonna come down.
The information provided in this post is for informational purposes only and should not be construed as financial or investment advice. The analysis and opinions expressed here are based on personal insights and research and do not necessarily reflect the views or opinions of Binance or its affiliates. The content provided is not intended to promote or solicit any buying or selling of cryptocurrencies. Always exercise caution and use your own judgment when interpreting financial analysis and data
Predicton Short-Term (Next few hours): The short-term prediction suggests a slight bearish trend in the next few hours.
Long-Term (Next few days): The long-term prediction indicates a potential bullish trend over the next few days.
Over the last 14 days, Bitcoin's price has shown fluctuations, with some resistance around the $98,000 level. The profitability of holders has been fluctuating, indicating uncertainty among investors. Network growth has been bearish, suggesting a lack of new participants entering the market. Large transaction activity has been neutral, indicating a balanced trading pattern. However, concentration among large holders has shown a bullish sentiment, hinting at potential accumulation by whales. Considering these factors, in the short term, the bearish sentiment from the key indicators may lead to a slight price decrease or sideways movement. However, in the long term, the bullish concentration of holdings could drive prices higher as whales continue to accumulate.
Support Levels : $93,400 , $92,200 & $BTC $80,000: The 200-day moving average (MA) around $80,000 is a critical long-term support level.
Resistance levels: $96,000 , $96,750 , $97,500 , & & $BTC $100,000: The key resistance level that Bitcoin has been struggling to break through.
Disclaimer: The information provided in this post is for informational purposes only and should not be construed as financial or investment advice. The analysis and opinions expressed here are based on personal insights and research and do not necessarily reflect the views or opinions of Binance or its affiliates. The content provided is not intended to promote or solicit any buying or selling of cryptocurrencies. Always exercise caution and use your own judgment when interpreting financial analysis and data.