ORDI hasn't been this oversold on the RSI since just before the 33x run-up in 2023. If we copy a fractal of that candle pattern and apply it to the current capitulation, then it might give us a rough idea as to how 2025 could play out. History never repeats itself, but it often rhymes. #ORDI #FOMOFactor #moonshot #pumpiscoming
đ¨ ORDI IS BREAKING OUT! đ¨ Donât miss the next big wave in crypto history! đ
đĽ ORDINAL COIN ($ORDI) â the FIRST BRC-20 token on Bitcoin â is rewriting the rules of the game. While others sleep, ORDI is PUMPING like thereâs no tomorrow! đ
WHY ORDI? â Bitcoin NFTs are EXPLODING â and ORDI is at the HEART of it! â Limited supply: Only 21 MILLION tokens (sound familiar? đ). â Listed on Binance, OKX, Bybit â institutional FOMO is REAL.
WATCH THE CHARTS! đ ORDI is smashing ATH after ATH while youâre reading this. The train is leaving the station â GET IN NOW or CRY LATER!
This isnât just a coin. Itâs a MOVEMENT. Bitcoinâs innovation + BRC-20 power = ORDI TO THE MOON! đ
DONâT BE THE ONE SAYING âI almost bought at $XâŚâ ORDI isnât waitingâare you? đ¸
Blum..its more promising, and is already being backed by binance lab..the team is made up of for former binance employees .. for more details and updates like this follow for more. t.me/BlumCryptoBot/app?startapp=ref_QWCLCLydxL
US Bitcoin Spot ETFs See Net Inflow of $79 Million on 16th Trading Day
According to Foresight News, data from Farside Investors shows that on the 16th trading day (February 2nd), US Bitcoin spot ETFs experienced a net inflow of approximately $79 million. Among them, Grayscale's GBTC saw a fund outflow of $145 million, while BlackRock's IBIT had a fund inflow of $106 million. Fidelity's FBTC recorded a net inflow of $79 million, Bitwise's BITB had a net inflow of $11 million, Ark21 Shares' ARKB saw a net inflow of $23 million, Franklin's EZBC had a net inflow of $2 million, VanEck's HODL experienced a net inflow of $2 million, and WisdomTree's BTCW had a net inflow of $1 million.
The Rise of the Trading King: An Inside Look at #Sei Crypto In the bustling realm of cryptocurrencies, a new challenger has emerged, aiming to dethrone the reigning champions in the realm of decentralized finance (DeFi): Sei. Built with the sole purpose of optimizing high-frequency trading, Sei promises lightning-fast transaction speeds, razor-thin fees, and an innovative infrastructure tailored specifically for traders.
Here's why Sei is generating buzz in the cryptosphere:
Built for Speed: Forget lagging blockchains; Sei boasts transaction finality in a mere 600 milliseconds, thanks to its cutting-edge Twin-Turbo consensus mechanism. This blazing speed ensures smooth, near-instantaneous trades, catering perfectly to the demands of high-frequency traders. Fee-tastic Transactions: No more hefty gas fees eating into your profits! Sei's architecture minimizes transaction costs, making it significantly cheaper to trade compared to other platforms. Say goodbye to sticker shock and hello to cost-effective trading bliss. Fairness Reigns Supreme: Front-running is a trader's nightmare, but not on Sei. Its built-in fairness mechanisms prevent frontrunning bots from exploiting the system, ensuring a level playing field for all traders. Interoperability is Key: Sei doesn't exist in a silo. It leverages the Cosmos SDK framework, making it seamlessly interoperable with other Cosmos chains. This opens up a vast ecosystem of DeFi applications and liquidity pools, expanding your trading possibilities. A Thriving Community: Sei isn't just a technical marvel; it's also backed by a passionate community of developers, traders, and enthusiasts. This strong foundation fuels continuous innovation and growth, further solidifying Sei's position as a game-changer in the DeFi landscape. #Sei #ToTheMoonAndBeyond" #BinanceTournament"
If you are a bearish trader, you could look to short #BTC around the current resistance level of $43,000. If you are a bullish trader, you could wait for a confirmation of a trend reversal before going long. This could come in the form of a break above the $43,000 resistance level, or a bounce off the $42,000 support level #BinanceTournament"
Here are some of the things you should consider when trying to predict the price of $BTC Technical analysis: This involves looking at the chart of BTC to identify patterns and trends. There are many different technical indicators that can be used, but some of the most popular include moving averages, Bollinger Bands, and the Relative Strength Index (RSI). Fundamental analysis: This involves looking at the underlying factors that could affect the price of BTC, such as the supply and demand for BTC, the news about Bitcoin, and the overall health of the economy. Sentiment analysis: This involves trying to gauge the overall mood of the market towards BTC. This can be done by looking at things like social media sentiment and the volume of trading activity. Once you have considered all of these factors, you can then make a decision about whether or not you think BTC is a good investment. If you do decide to invest, it is important to have a stop-loss order in place to limit your losses if the price of BTC starts to fall.#BTC!đ° #BinanceTournament"
$BTCis currently trading at $42,839.10, up 2.57% in the last 24 hours. The price is above the 5-day and 10-day EMAs but below the 30-day EMA, suggesting a neutral to slightly bullish short-term trend. The recent bounce off the 24-hour low of $42,123.10 indicates some buying pressure. Possible Scenarios: 1. Continuation of Upward Movement: If the price breaks above the resistance level at $43,000 and the EMAs continue to slope upwards, a further move towards $43,500 or even $44,000 could be possible. A potential long entry point could be around $43,100, with a stop loss below $42,700. 2. Pullback and Consolidation: The price could also face some resistance at $43,000 and pull back towards the EMAs or even the 24-hour low. This could be a healthy consolidation before another attempt to break higher. If the price holds above the 24-hour low, it could be an opportunity to enter a long position on a dip, with a stop loss below $42,000. 3. Downtrend: If the price breaks below the 24-hour low and the EMAs start to slope downwards, a move towards $42,000 or even $41,500 could be possible. A potential short entry point could be around $42,500, with a stop loss above $42,800. Additional factors to consider: Funding rate: The current funding rate is 0.0196%, which is slightly positive and indicates a bullish bias among perpetual traders. Volume: The volume is moderate, suggesting some conviction in the market consolidate, or even downtrend depending on market forces.