Good news for long traders, holders, and other believers - we didn't fall to 70 after all (at least not yet). The bad news - it will be very difficult to stay above 96, as those who didn't expect Bitcoin at 68 but bought at 75 (and large players most likely did) can already lock in their profits. 20k+ at one $BTC , just so you know.
We didn't see Bitcoin at 70, but we did see Ethereum below $1400, which once again proves that altcoins are a risky investment. However, there is a theory that when the price of Bitcoin reaches 50-55 Ethereums, dominance could reverse. Currently, you can get about 53 Ethereums for one Bitcoin, so there are chances for a dominance reversal, but, as usual, it's not certain :) There is a high probability that for the next few months, crypto will be stuck in a long and tedious sideways movement.
At the same time, with the current leadership in the USA and the level of manipulation, anything could happen. We just have to watch :)
Dudley Stephans WRPm
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Bullish
I will be brief: considering that everyone is holding their breath waiting for Bitcoin to drop to 70-68-55-50-48 (continue down to zero), I will assume that we might see a drop in the form of a pullback to 79, where those convinced of their correctness will open shorts with a fifty-fold leverage, and from there continue a steady rise.
It is possible that the current levels were enough for those who needed to buy, and those who wanted to sell have most likely already done so.
But this is a hypothesis. We will find out how it goes next 🙂
I will be brief: considering that everyone is holding their breath waiting for Bitcoin to drop to 70-68-55-50-48 (continue down to zero), I will assume that we might see a drop in the form of a pullback to 79, where those convinced of their correctness will open shorts with a fifty-fold leverage, and from there continue a steady rise.
It is possible that the current levels were enough for those who needed to buy, and those who wanted to sell have most likely already done so.
But this is a hypothesis. We will find out how it goes next 🙂
Despite the fact that the market is showing signs of recovery, do not rush to open leveraged positions — in the coming days there is every chance of seeing high volatility. Do not overestimate risks 🙏🏻
Trump's manipulations — what to do with them and how to live
Two weeks ago, Eric Trump urged on his Twitter to buy $ETH with the comment — saying, you will thank me later. However, it didn't take even two weeks for Eric to decide to clean up his post — he deleted the second part, which was about gratitude. Such a "mature" behavior for a public figure 🙂
I want to ask what’s happening in the altseason, but you will say that the question is manipulative 🥲
Proekt_73
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The sum of liquidations in the crypto market over the past 24 hours has already reached $924 million, of which $743 million are longs. And this is despite the fact that there was no respite for the bulls over the weekend. It seems that this will continue until everyone wanting to open longs simply loses their deposits. The main victims right now are from #BTC, #ETH, 'Others', #SOL, #XRP, #DOGE. The potential liquidation map for BTC on #Coinglass indicates that there is nothing left at the bottom. Even a drop to 68,558 results in liquidations of only $610 million. However, a sharp rise to 89,682 leads to liquidations of $6.31 billion. A tenfold difference. One could say that the market does not follow the rule 'price follows liquidity'. But after several days, the total liquidations of longs amount to about $2 billion, so the market is indeed following liquidity. Just not the type that most would prefer. The liquidity heat map for BTC on Binance, the brightest levels: - over 24 hours: $78,364, $79,952, $82,546. - over a week: $84,550, $86,999. - over a month: $93,292, $99,389-$99,846. - over 3 months: $104,318, $106,125, $109,50. - over 6 months: $59,878, $67,140, $99,171-$100,301. - over a year: $70,497-$74,049.
Wash trading / how exchanges manipulate asset prices
These tactics are common in poorly regulated cryptocurrency markets. Wash trading inflates volumes, market makers control price movements, and stop-loss hunting turns market data against traders. Suspicious patterns, such as sudden spikes in volume followed by sharp price drops and rapid recoveries, often indicate such schemes, although exchanges rarely acknowledge them officially.
The reserve was announced and nothing happened. The markets continue to fall, positivity has clearly dried up. I buy separate assets in spot, trading shorts speculatively — what works much better than longs in the current 'bull' market 🙂
Retail does not want to believe that the peak growth occurred in December and there are no prerequisites for growth in the near future, fantasizing over charts where dominance is about to bounce, total3 capitalization will rise and calling the current decrease a correction (fourth month of correction, Carl!).
$AAVE will allocate $1 million per week for token buybacks from the market
$AAVE will allocate $1 million per week for token buybacks from the market The DeFi protocol Aave has introduced an update to its tokenomics, including the launch of a token buyback program for AAVE tokens. The initial amount is $1 million per week for the first six months, after which the budget will be adjusted based on the project's income.
The guys are doing analytics. In mid-December, they announced the beginning of the alt season according to their indicator. As far as we can remember, the altcoin market has been falling, but the team still writes about the fact that we are in a bull cycle and are waiting for the alt season.
I asked, what are the expectations based on? They wrote that there was a mark on the indicator. I ask: am I correct in understanding that the expectations of the alt season are based on the mark on the indicator? They replied that the goal of my question is manipulation 🙂
Although I was really interested in how such expectations and forecasts are built.
The market has been in free fall since the end of January. Coins are updating their annual lows. Capitalization is experiencing a continuous outflow.
What makes them wait for growth? It's unclear.
Proekt_73
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It's the beginning of the month again - another market dump. What's next?
The best day to say 'good bloody morning'. Probably, the last days are the bloodiest 'cut' of the entire cycle. At least, we don't remember anything stronger. Just recently, the 'bears' lost over $500 million on the local 'Trump pump', and in the past 24 hours, the bulls lost almost $900 million. The dump is again at the beginning of a new month, by the way. Only now, it's also through a pump at the end of last month.
The truth is very interesting, no jokes. Are you really sure about this? I'm trying to understand what I'm missing.
Proekt_73
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Some go this way, while we have bought more DOGS during the current decline. A token that we consider very promising among meme coins in the parabolic phase of the alt season. The public fan portfolio continues to fill up. We just bought at the close of the third loyalty mark on the 2-hour timeframe at $0.000163. The price has just returned to a downtrend on the 2-hour timeframe. Will it go lower? We will buy more. We are following the dollar-cost averaging strategy. Yesterday, during the market rise, the portfolio already broke even. Possible growth to the listing price now is +570% from the current prices. We reorganized the portfolio in #Dropstab, including all coins, even those received from drops and staking. The chart shows a strong drawdown at the end of February. This is a foolish situation where after buying and starting to rise, we set a stop at breakeven. But by mistake, we set the stop on the entire amount on the exchange, not on the last purchase volume. Fortunately, we noticed the sale in time. We bought back, losing only about 100,000 tokens on millions. This skewed the Dropstab metric for the average purchase price. We will focus on the line 'profit'. It is currently at -17.76%. The goal (minimum goal) of 10 million tokens is getting closer. Already 8.37 million tokens.
Please remind me, when do you expect the alt season? I read your analyses – analytics, charts very carefully, and you mentioned the beginning of the alt season, it seems, in December. Now it's March.
Proekt_73
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Some go this way, while we have bought more DOGS during the current decline. A token that we consider very promising among meme coins in the parabolic phase of the alt season. The public fan portfolio continues to fill up. We just bought at the close of the third loyalty mark on the 2-hour timeframe at $0.000163. The price has just returned to a downtrend on the 2-hour timeframe. Will it go lower? We will buy more. We are following the dollar-cost averaging strategy. Yesterday, during the market rise, the portfolio already broke even. Possible growth to the listing price now is +570% from the current prices. We reorganized the portfolio in #Dropstab, including all coins, even those received from drops and staking. The chart shows a strong drawdown at the end of February. This is a foolish situation where after buying and starting to rise, we set a stop at breakeven. But by mistake, we set the stop on the entire amount on the exchange, not on the last purchase volume. Fortunately, we noticed the sale in time. We bought back, losing only about 100,000 tokens on millions. This skewed the Dropstab metric for the average purchase price. We will focus on the line 'profit'. It is currently at -17.76%. The goal (minimum goal) of 10 million tokens is getting closer. Already 8.37 million tokens.
All positive news (creation of reserves, easing conditions for crypto companies) HAVE ALREADY been priced in when the cryptocurrency market was rising. Yesterday's pump clearly pleased those who offloaded yesterday and today.
The altseason that everyone is waiting for (and some are analyzing and predicting) will not happen in the coming months. I only do not rule out the rise of certain altcoins. Keep this in mind and be cautious with leverage: we may not see a new wave of growth for a very long time.
The growth didn't last long :) That's why I wrote: the market doesn't move in the direction we expect. I don't think we'll see any significant growth in the near future.
I'm monitoring the assets that are planned to be added to the state reserve (well, as planned — so far it has only been a statement, no actions have followed yet). This is $SOL $XRP $ADA
Ethereum, it seems, won't lift anything anymore: it barely crawled up to 2500 and then went down. The second largest cryptocurrency, which hasn't even approached its ATH in this cycle, unlike BTC and Solana.