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The Bitcoin liquidation heatmap reveals a significant cluster of liquidity sitting just below the $90,000 level. This suggests a potential magnet zone for price action, where the market could dip to liquidate late long positions before deciding its next move. All eyes now on whether #BTC☀ will flush out leverage or push higher with momentum. Stay cautious!

$ADA Opportunities come when you see everything crash 95-99%, like in 2018.

Few of them will rise from dust like ADA 2020.

The hardest part is that most of us will give up at the bottom range, which will last too long.

$BTC has struggled to regain the $90,000 level and has since dropped from that point. The recent crypto summit did not yield any significant developments. Currently, a symmetric triangle pattern is forming on the lower time frames, and we can expect a break from this pattern in the next 2-3 days, which will help determine the next direction for Bitcoin. The local support level is around $86,000, with stronger support found in the $83,200 to $83,800 range.

YGG Analysis :

YGG flipped the major resistance level turning it the support zone and also price trending higher within the large channel pattern. Anticipating the higher prices from here towards the Previous higher high and resistance.

Major support : $0.57 - $0.59
Resistance : $0.72

Educational Post

What Is an EIP?

EIP stands for Ethereum Improvement Proposal. It’s a way for the Ethereum community to suggest upgrades or new ideas for the blockchain. It’s like a blueprint that explains what the change is, why it’s needed, and how it should work. These proposals help Ethereum grow and adapt by keeping everyone on the same page about what’s changing and why.

Why Do EIPs Matter?

EIPs let developers and users work together to improve Ethereum. They ensure changes are well-planned and agreed upon by the community, keeping the system secure and efficient. Whether it’s fixing technical problems or adding new features, EIPs make sure Ethereum stays up to date.

Types of EIPs

Here are the main types of EIPs. Let’s take a look at some of the most common:

Core: These focus on changes to the Ethereum protocol, like updates to how transactions are processed or big upgrades like hard forks.

Networking: These deal with how Ethereum clients communicate, ensuring smooth operation.

Interface: These focus on how users and apps interact with Ethereum.

ERC (Ethereum Request for Comment): These are standards for things like tokens. For example, ERC-20 is the rulebook (token standard) for making fungible tokens.

CVC analysis:
CVC analysis:
Price is approaching the resistance area. Let's observe how it reacts. If rejected, the price may return to the support area. Better to wait for more confirmation.
Support Area: $0.078-$0.0855
Resistance Area: $0.115-$0.125

WHEN MEN WERE BUSY FIGHTING FOR RANK IN 2009/2012.🙄

*Other men were busy mining bitcoin (BTC) and other mineable coins back then in 2010/2012/15.*

Same is happening today.🤩😌

*Some people are busy mining web 3.0 projects*
While *some are busy looking for followers on TikTok, Facebook, Twitter, Instagram and so on.* The question is, what value are you deriving with your phone and internet bundles? 🥹🥹🥹

Work for Assets, this can only be achieved from Crypto, don't give up and be consistent!

History will continue repeating itself.🏆🤑

#Educational_Post✨

What Is the Atomicals Protocol?

Atomicals is a free, open-source protocol that provides a flexible way of creating digital objects on Bitcoin or any other blockchain that adopts the same UTXO model. Each digital object is called an “Atomical” or “atom” and basically consists of a chain of digital ownership, which follows a set of simple rules.

The Atomicals protocol can be used to mint, transfer, and update all sorts of static or dynamic digital objects, including fungible tokens and non-fungible tokens (NFTs). Atoms are created through Bitcoin transactions, and the protocol is compatible with any Bitcoin wallet without the need for separate chains, layer 2 networks, or third-party services.

What Is ARC-20?

Inspired by the BRC-20 token standard and built with the Atomicals protocol, ARC-20 is an experimental token standard for fungible tokens (colored coins) on the Bitcoin network.

Each ARC-20 token is linked to the value of at least one satoshi, the smallest unit of Bitcoin. This means that, by design, the value of each ARC-20 cannot go below 1 satoshi. However, that doesn’t necessarily mean that there will be market demand for such tokens, so it’s important to DYOR before taking risks.

It’s worth noting that there are no official ARC-20 tokens. All of them were created by the community and launched independently of the Atomicals Protocol team.

JUP analysis:

Price was rejected from the resistance area and now slowly moving towards the support area. This is no trade zone and better to wait for some time.

Support Area: $0.835-$0.895

Resistance Area: $1.14-$1.22

IMX analysis:

The price of IMX is currently oscillating within a range defined by support and resistance levels. At present, the market is in a consolidation phase, indicating a neutral stance for traders. It's advisable to await a confirmation of the price action at the resistance level before considering any trading positions.

Support Area: $1.65-$1.80

Resistance Area: $2.45-$2.60

JUP is facing heavy selling at the resistance area. A move towards the support area is expected if the price is rejected from there. Place buy orders in the support area and wait.

Support Area: $0.833-$0.895

Resistance Area: $1.12-$1.20

#JupRally🚀

#monitoring the monthly dilution rate of Short-Term Holder (STH) Supply due to Long-Term Holders (LTH), sorted by transaction profitability, provides invaluable insights. The consistency of the mean over time suggests that the "scarcity" factor remains unchanged, offering a fascinating perspective on market dynamics.

#Educational Post

Double Moving Average Crossover

The double moving average crossover strategy involves using two moving averages of varying lengths. Traders generally employ a combination of a short-term and a long-term moving average, such as a 50-day MA and a 200-day MA. Typically, the moving averages are of the same type, such as two simple moving averages (SMAs), but you could also use different types, such as an SMA coupled with an exponential moving average (EMA).

In this trading strategy, traders look for a crossover between the moving averages. A bullish signal occurs when the shorter-term moving average crosses above a longer-term moving average (also known as a Golden Cross), indicating a potential buying opportunity. Conversely, a bearish signal occurs when the shorter-term moving average crosses below the longer-term moving average (also known as a Death Cross), signaling a potential selling opportunity.

🤑 #Trader Makes $23 Million from Meme Tokens!

🫡 Paulo.sol capitalized on a surge in Bonk ($BONK ) prices on November 11, 2023, and his swing trading strategies yielded him roughly $6.28 million from the token's volatility.

💪 Starting December 4, he engaged in buying and trading Dogwifhat (WIF), and by March 2024, he was actively trading Jeo Boden ($BODEN). 🧐 Each trading period coincided with sharp increases in the value of these meme tokens.

🙀 Overall, paulo.sol earned $9.51 million and $7.04 million from trading WIF and BODEN, respectively.

👌Lookonchain reports that paulo.sol still maintains holdings in $BODEN valued at $7.6 million and in WIF worth $5.7 million.

Furthermore, paulo.sol has expanded his portfolio to include other meme tokens, 🤔 investing $1.77 million in $POPCAT and almost $6 million in $PUPS, making him the top holder of the latter on the Solana blockchain.

According to Glassnode, the inflation rate of #bitcoin (0.83%) has been significantly lower than that of gold (2.3%) since the last halving.

#CRV analysis:

It is advisable to open a small long position here with a tight stop loss as the price is currently testing the support area. We may then see a bounce towards the resistance area.

Support Area: $0.40-$0.44

Resistance Area: $0.56-$0.58

Bitcoin's volatility has steadily decreased since January 2020, showing fewer extreme peaks. Currently, it sits just below 60%. As Bitcoin solidifies its status as a valuable asset, expect its volatility to further diminish over time.#bitcoinhalving

🌐 #Cryptocurrency¹ market overview

✔️ Leading US asset manager Vanguard does not believe the Fed will cut interest rates this year.

✔️ Outflows from spot BTC-ETFs continued yesterday, with net outflows totalling $358.8mn, marking the 4th consecutive day of outflows.

✔️CryptoQuant records the most active BTC sales by short-term holders in 5 years.

✔️ Super Sushi Samurai token dropped 99% due to a double-spend failure. >$4.8m was withdrawn from the white hat liquidity pool.

↔️Follow For More Update

#WEN 🤠

Capitalisation ~200m, token on solan-e, cat seazn which was activated by Musk, no listing on tier1 venues.

Volumes around 35% of capitalisation in the last 24 hours, at $30-50m per day, kept like this since early March.

Hype in mem-community is growing, reposts from major influencers with screenshots of position holdings are often seen in the official twitter.

There is nothing stopping a move like I have fantasised on the chart.

Follow For More Update

👁 #BTC🔥🔥🔥🔥 for $138,000 on Binance crypto exchange!

- Some users are reporting a recent lag in the exchange's interface.

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