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The weekly chart is unbearable to look at, is BTC heading straight for 74000? Oh my, BTC's weekly drop is like that of a diving champion, sliding towards 74000 without a doubt! The market sentiment is filled with wails, the bears are probably sneering, while the bulls can only hold their heads in despair. Technically speaking, the decline is fierce, 74000 may be the next testing point - can it hold steady there? It's necessary to be mentally prepared, don't let fear make your hands shake. The bear market is ruthless, but opportunities are also hidden in the valleys. What do you think of this market trend? Let's discuss your thoughts in the comments.
PANews March 10 news, according to SoSoValue data, the overall cryptocurrency market has significantly corrected, with a 24-hour drop generally between 4% and 10%. Bitcoin (BTC) fell by 4.73%, reaching a low of $80,000, Ethereum (ETH) dropped by 6.35%, briefly falling below $2,000. In the Trump Crypto Strategic Reserve sector, XRP, Solana (SOL), and Cardano (ADA) fell by 6.41%, 7.10%, and 7.53%, respectively; the CeFi sector dropped 4.98% in 24 hours, with Binance Coin (BNB) down by 5.12% and Bitget Token (BGB) down by 5.95%; the PayFi sector fell by 6.22%, the Layer1 sector fell by 6.36%, the Layer2 sector fell by 7.06%, the DeFi sector fell by 7.66%, but Ethena (ENA) rose against the trend by 0.34%; the Meme sector had the largest drop, reaching 9.12%, with most tokens' market values retreating to November 2024 levels. #加密市场回调
Publicly released in advance, Bitcoin started to fall from 94500 to 96800📉📉Do you need to pay for such an accurate strategy⁉️Publicly released for free in advance Short orders have been stopped, long orders at 92400 have entered the market, spit out money All long and short orders are publicly released in advance, please click on the article below to view⬇️ Spit out Money 🤑🤑🤑🤑🤑🤑 I will not post more awesome trading techniques today, if you make money, send a red envelope to the brothers $BTC
🎁 Binance Search: Red Packet Copy and Paste the Code: BPD450S6XT Claim
加密无聊嘴
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$ETH
A stunning move!
An Ethereum ICO whale suddenly takes action!
According to the latest monitoring: two hours ago, an ancient Ethereum ICO whale holding 560,000 ETH made an astonishing move! It transferred 6,022 ETH (worth approximately 12.34 million USD) to an address associated with the Ethereum Foundation, and this fund is currently in a 'silent' state, with no further transfers or interactions so far.
Looking back, this ICO whale has previously distributed ETH to four addresses. Over the past two years, it has cumulatively transferred 105,522 ETH to the current address, most of which has been used for staking various LRT protocols.
More notably, there are still 280,000 ETH with a cost as low as 0.31 USD stored in three addresses. What signals are being released by this series of operations? What waves will the cryptocurrency market stir up? Let’s keep an eye on it!
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🎁 Binance Search: Red Packet Copy and Paste the Code: BPD450S6XT Claim
梭哈Crypto
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The plot has thickened... The brother is currently at a small loss
According to a friend’s screenshot from last night, this brother seems to have closed his position at around 617,659,118.489 million dollars for a profit, then went long again, while also opening a long position in ETH
BTC volatility has increased, two expectations for the future market
After BTC's price fell below 90000 last week, the historical volatility and implied volatility finally began to rise. In the analysis from a few weeks ago, it was mentioned that implied volatility was gradually decreasing and that significant volatility was on the way. It is deemed highly probable that BTC will experience a notable fluctuation within the next month. As a result, last week BTC's price dropped in line with the decline in US stocks, directly filling the left-side upward CME futures gap. The position I have been mentioning in my previous analysis is the 'vacuum position', which is the strongest support level, specifically in the price range of 79000-85000. 79000 is the bottom line, and after BTC's price touched around 79000 last Friday, it began to rise rapidly, returning above 85000.
Qualitative Meme Coins: Here's How the U.S. SEC Views Meme Coins
Source: U.S. SEC; Translated by Jinse Finance
To clarify the application of federal securities laws to crypto assets, the U.S. SEC's Division of Corporation Finance is issuing a statement regarding "Meme Coins."
A "Meme Coin" is a type of crypto asset inspired by internet memes, characters, current events, or trends, where the initiators attempt to attract enthusiastic online communities to purchase the meme coin and participate in its trading. Although individual Meme Coins may have unique features, they generally share certain common characteristics. Meme Coins are often used for entertainment, social interaction, and cultural purposes, with their value primarily driven by market demand and speculation. In this regard, Meme Coins are similar to collectibles. Meme Coins typically also have limited utility or functionality or may have no utility at all.
Given the speculative nature of Meme Coins, they often experience significant market price volatility and are frequently accompanied by statements regarding their risks and lack of utility, aside from entertainment or other non-functional purposes.
The U.S. SEC's Division of Corporation Finance believes that the types of transactions involving Meme Coins described in this statement do not involve the issuance and sale of securities as defined under federal securities laws. Therefore, individuals participating in the issuance and sale of Meme Coins are not required to register their transactions with the U.S. Securities and Exchange Commission under the Securities Act of 1933 (the "Securities Act"), nor do they need to comply with the Securities Act's registration exemption provisions. Consequently, both buyers and holders of Meme Coins are not protected under federal securities laws. #Meme $MEME
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