This is the 20th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer. It's time for all things weekly on the IC
Before we start.. I've put a lot of effort and time into this series, so if you don't mind, please consider liking this episode and supporting me by subscribing. This will help me provide you with more quality information, thank you𫶠Let's gođŤĄ
1/ $ICP Price Action
Well, this week, the price action has tried its best to ascend further, but it seems like it's still waiting for those god-level volumes so that it can proceed. Now, into the numbers. Support: 5.6 - 5.8 USD Resisstance: 6.5 - 7.0 USD Other conditions: As of now, the price is required to regain 7.36 USD or above in order to continue the upside. In addition, RSI is sitting at 49ish, while a potential bounce will occur if it rises over 45, but its also noticeable to see low volumes, which can also lead to a sudden dip to as low as 4.8 USD. Now, we wait Note that we are discussing long-term price action here, due to the massive volatility in the cryptocurrency market. As always, remember to do proper research before aping in AS THIS IS NFAđ
2/ Onchain Stats Sources: ICP Dashboard, TokenTerminal and ICTerminal
Internet Identity Count
This week was another impressive one, thanks to the parabolic growth, which accounts for 2.4K entities onboarding the network within the week.
Burned ICP Stats
This accounts for 50.7K ICP, worth 294.5K USD, vanishing from the circulation supply, which leads for a growth of 5%, compared to the previous week.
ckBTC Stats
This week, ckBTC saw massive inflows, which resulted of 23.97 BTC worth 2M USD𤯠entering the Internet Computer. This is huuugeđŚ
Mcap vs Fees [Weekly] | tokenterminal
This week, the network was able to generate 262K USD in fees while ranging in a 3.0B - 3.29B MCap range, which is nice.
Number of Active Addresses | ICTerminal
Within the week, the network oversaw 52.5K unique addresses roaming across the mainnet.
5/ Inside the ICVerseđ§âđ đŞ2 Voting Proposals in the NNS. đŞ8 Voting Proposals in the ICFC SNS.
Note: Analytics are calculated based on weekly indicators. đŞTVL on NNS: 1.373 Billion USD [đş6.8%] đŞTVL on ICP DeFi By DefiLlama: 32.4M USD [đş14.6%]
Updates from the DFINITY FoundationđŽ âĄď¸The foundation appoints the legend KyleStoflet as the new lead of ICPHUB US. âĄď¸The global town hall program is live. âĄď¸An explanation of the Neon milestone is live. âĄď¸A survey on governance around Service Nervous Systems is live.
6/ Updates from the ICP ecosystem âĄď¸vUSD is live on ICPSwap âĄď¸GoldDAO to ship staking to production. âĄď¸Kongswap ships Q1 2025 recap âĄď¸onicaiHQ ships an explanation on how the Proof of Artificial Intelligence Work Protocol works
So, here I wrap up for the dayđ Hats off for staying this far𫡠Now, before we wind up, feel free to share this with everyone who might lack some ICP Alpha, especially to our #BinanceLaunchpoolGUN fam.
Now go unplug those wallets, and revoke your permissions as we meet the weekend 𼳠Btw, stay tuned for today's educational quizâď¸
I'll see ya next week with your daily dose on ICP𫡠Until then, take caređ
The market has struggled through the night without emerging from the pit of decline, and the overall altcoin market has seen various pullbacks alongside Ethereum's sluggishness, and this pullback has yet to stabilize.
The trend of Bitcoin seems to have failed to hold after breaking the resistance near 87300, beginning a stair-step pullback. Such trends often tend to dig down further; stronger support remains around 84500. If this level is lost, we will need to reduce our positions in advance to avoid risks.
The support around 1980 for Ethereum still exists; yesterday was the second test, and Ethereum cannot withstand such tests. If it cannot hold this position, the support will drop to around 1840.
The overall altcoin market is at relatively low levels and is also near support. To see a rebound, we need to pay attention to the trends of Bitcoin and Ethereum. If we break support, we will reduce our positions; if we hold support, we will increase our positions, acting in accordance with the trend.
Those who are emotionally stable and capable share a common trait: no matter how big the issue, they do not dwell on it; even the deepest resentment can be resolved with a smile, without fear or regret.
Do what you want to do, as long as it is not illegal. Fear is the most cowardly expression of a person, and trepidation is the most pathetic obstacle. Do not dwell on the past; never regret what has already happened. If you missed it, you missed it; if you failed, you failed; if it's gone, it's gone; if you are in debt, you are in debt. Thereâs nothing remarkable about it.
We should focus on the present, concentrating all our life energy on the now. Focus only on yourself and reclaim all the thoughts spent on others. When you take responsibility for your current moment, you won't have so much fear, so many regrets, and you won't let insignificant people drain your spirit and energy. You will find it particularly easy to be happy and especially easy to succeed. #BNBChainMemeç潎 $BNB
#RamadanGiveaway The Binance Square Ramadan Giveaway is LIVE! đđ Celebrate the spirit of Ramadan and claim your share of 5,000 USDC! From March 14-28, complete tasks and engage with Binanceâs 2025 Ramadan Calendar for a chance to win. How to enter: â Follow Binance Square South Asia (for South Asia users). â Share the official Ramadan Giveaway post. â Complete at least one eligible Ramadan Calendar campaign. â Create a post on Binance Square with #RamadanGiveaway, showcasing your progress or task completion. Prizes: đ 4,000 USDC will be split among all eligible participants. đĽ The Top 5 posts (based on engagement) will share an extra 1,000 USDC. Donât miss out â join now and make this Ramadan even more rewarding. Participate here Good luck, and Ramadan Mubarak! đ For more details about this giveaway âĄď¸ #RamadanGiveaway #RamadanWithBinance
#TradersBootCamp 2025 is your golden ticket to unlocking pro-level trading skills and dominating the crypto markets! đđĽ đ° What Youâll Gain: â Advanced Trading Strategies From scalping to swing trading, we cover it all! đ â Live Market Analysis Learn how to read charts like a pro & spot profitable setups đŻ â Risk & Money Management â DeFi & Crypto Yield Strategies â Mastering Technical Indicator Learn to use RSI, MACD, Bollinger Bands & Fibonacci for precise market entries. â Algorithmic & AI-Powered Trading Explore automated trading bots & AI-based market predictions. â Exclusive Trading Signals & Insights Get real-time alerts on high-potential trades. Discover staking, farming & passive income opportunities. â Interactive Q&A & Expert Coaching Get your questions answered live by professional traders. 2025 is your year to elevate your trading game! đđ Are you ready to dominate the markets? đĽ
In the current volatile market, operations should be flexible and strictly control risks. The following 12 practical strategies balance short-term trading and long-term management: 1. Core Trading Strategies Buy Low Sell High: Identify support levels (previous lows, EMA30) and resistance levels (Fibonacci retracement levels), buy near support and sell near resistance. Operate in conjunction with key price levels when the Bollinger Bands narrow. Grid Trading: Trade once for every $500 movement between $80,000 and $95,000, reserving margin to prevent unilateral liquidation. Volatility Arbitrage: Go long on volatility (e.g., buy options straddle), or arbitrage the futures-spot price difference (short futures when the futures price is too high and hold spot). 2. Risk Control and Position Management Take Profit and Stop Loss: Set short-term stop losses at 2%-3% of the range boundary, with take profit targets at 50%-70% of the range height. Reduce Leverage: In a volatile market, control leverage within 5 times, or use spot trading to prevent forced liquidation. Gradual Position Building/Taking Profit: Divide funds into 3-5 portions to enter the market, taking profits in batches when profitable. 3. Technical Analysis for Decision Making Pay Attention to Trading Volume: If the price approaches resistance with increased volume but does not break through, it may be a false breakout, and a reverse operation can be done. Overbought and Oversold Indicators: Buy when RSI is below 30, sell when above 70, and combine with support and resistance for a higher win rate in a volatile market. 4. Long-Term Perspective Response Dollar-Cost Averaging: Invest a fixed amount regularly, ignoring short-term fluctuations, to accumulate positions. Options Protection for Holdings: When holding spot, buy put options or sell call options to earn premiums. 5. Market Sentiment and Information Beware of False Breakouts: A brief breakout followed by a pullback may be a trap for long/short positions; wait for confirmation at the closing price before acting. Pay Attention to Catalyst Events: Keep an eye on macro data, BTC net inflows, ETF fund flows, etc., to position in advance.
In addition, maintain a good mindset, avoid chasing prices or panic selling, keep over 30% cash, and record trading logs for review and optimization. In a volatile market, it's safer to act less and observe more; when direction is hard to judge, consider waiting.
A wise man does not fall in love, an adult takes a bath and massages! Wear a watch for young fashion, wear a bracelet for maturity and stability!
Brothers, I am still out for a massage tonight, so I can't send the market analysis. I sent a Bitcoin red envelope to make up for it. I am really sorry! Tomorrow is Monday, and the weekly line will be closed soon. I will send you the point of the big pie needle tomorrow at noon. Go to bed early tonight! #BTC
$BNB đ Hold on to your hats, folks, because the BNB Chain meme train is speeding up, and itâs getting wild! 𤪠Did you know that BNB Chain hit over $500 million in daily transaction volume in 2023? Thatâs like the entire population of a small country deciding to swap memes every second. Imagine all the funny cats, doge memes, and space-faring tacos that could be part of this revolution. đŽđ Now, letâs talk about the true gem here: BNB Coin! Did you know it has consistently been among the top 5 cryptocurrencies by market cap? Yes, you read that right. #BNBChain is not just a meme; itâs a full-on financial powerhouse. And guess what? BNB Chain boasts over 1.8 million daily active users. Thatâs a LOT of meme exchanges, folks. So, if youâre not part of this movement yet, what are you doing?
đ Thereâs no escape in futures trading đ Chasing after lost funds often leads to account liquidation. If you want to avoid the risk of liquidation, move your remaining funds from the futures wallet to spot trading. The market is full of manipulation đŤ, which often results in losses and eventually removes you from the market. A smaller loss is always better than a huge one. This is exactly what happened to me yesterday. I tried to recover my losses, but it didnât work out!
đ Donât be fooled by the screenshots some people keep sharing to scam others. The same blurry screenshots are reposted by multiple accounts, trying to lure you into a trap. When the market is manipulated, even your expertise canât save you from losses. â¤ď¸âđŠš