They can throw away these 32 million into the trash and nothing will change for them
adest
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$FTT IMHO. The whole story with the delisting is pure manipulation. The goal is to drive the price of $FTT down as much as possible. So that the "weak hands" pass their assets to the "whales" at a lower price. While Binance owns 32 million FTT tokens. - it is not in Binance's interest to stop influencing FTT.
Everyone who needed to has already unloaded a long time ago. From the price of ieo and ico, even at current prices, it is 400 and 200% respectively. The price in the seed round was 0.04. That's 20x from the current.
adest
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$FTT IMHO. The whole story with the delisting is pure manipulation. The goal is to drive the price of $FTT down as much as possible. So that the "weak hands" pass their assets to the "whales" at a lower price. While Binance owns 32 million FTT tokens. - it is not in Binance's interest to stop influencing FTT.
🟢The chart shows how 1INCH is testing the long-term support zone of 0.26, which has previously held the price several times. 🟢The chart indicates increased volatility, but so far without a clear breakout downwards. The key support is around 0.26, while the nearest resistance is at 0.35, where a pullback is possible if buyers react. 🟢An important point right now: if the level holds, we can expect movement towards 0.30 - 0.35, but if the price breaks down, downward pressure will intensify. A scenario with a false breakout before a reversal is possible.
#Twt the targets from the previous post are almost reached. Everything is still bearish. At the moment I am considering 2 scenarios. The first is a correction to the 0.5 zone and a test of the bearish daily imbalance, where I will add to the short position with a local target of 0.95. The second is removing equal minimums from below without testing the bearish imbalance. When forming a long setup, I will open a long position with a target of 1.083 and wait for further markdown with global targets of 0.4-0.2.
#twt tested the weekly order block. There is already a reversal formation on the lower tfs. All that remains is to wait. Locally: target 0.95. Globally: target 0.4-0.2.