Stephen Chow - PANICSELL
PANICSELL - Trade Coin Signal
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Revisit the old article, guys: "The downtrend will always push BTC to the 4x 5x range, ensuring that retailers will buy full $BTC , because alts will continue to struggle, and anyway BTC will rise => is it that easy for the house to drive the price for us to buy? š¤£ Everything is based on technical analysis, fundamental analysis, psychology + thinking. That's why I view the market and haven't entered a downtrend since February-March-April, BTC still broke its peak and alts will at least push to a level that gives people confidence again. The rest is just waiting for time to answer š"
In June, many parties drew charts like this, and the reason why I view $BTC is almost certainly it cannot crash strongly is also explained in the old article, you can read it again.
Repeatedly reminding:
"One important thing: When the market reaches its peak, there will be no way for many people to recognize it, the psychology will not be bad, arguing and cursing like now. During this time, many parties are calling $BTC 2 as the peak of the downtrend like in 2021, predicting a strong crash down to 6x 5x even 4x 3x, because everyone sees it so it won't happen š„³"
Check VAR & follow me for the earliest market updates at tradecoinsignalsvn (free)
In June, many parties drew charts like this, and the reason why I view $BTC is almost certainly it cannot crash strongly is also explained in the old article, you can read it again.
Repeatedly reminding:
"One important thing: When the market reaches its peak, there will be no way for many people to recognize it, the psychology will not be bad, arguing and cursing like now. During this time, many parties are calling $BTC 2 as the peak of the downtrend like in 2021, predicting a strong crash down to 6x 5x even 4x 3x, because everyone sees it so it won't happen š„³"
Check VAR & follow me for the earliest market updates at tradecoinsignalsvn (free)
Many people say the market is entering a downtrend? Why is it very difficult for BTC to drop to $40k-$50k?
[I posted this on 2/6 in the channel]
The content analysis debt is trending downwards for a while; back in April, many KOLs viewed the market as entering a downtrend and roughly illustrated it as shown. Currently, it continues to view two peaks similar to 2021, and the market is preparing to dive into a downtrend. I mentioned why it differs, and I might analyze it in more detail in another article.
OK, assuming the market enters a downtrend, where will the bottom be? The reality is that the bottoms of downtrend cycles are quite related to the mining costs of the miners, depending on many factors like machine types, electricity prices, difficulty (hashrate), halving... For example, the bottom of the downtrends in 2022 and 2023 had an average cost to mine 1 BTC hovering around $13k-$18k. When the price fell to $15k-$16k, a portion of miners started to incur losses, so rather than mining, they just bought directly on the exchange for convenience.
The content analysis debt is trending downwards for a while; back in April, many KOLs viewed the market as entering a downtrend and roughly illustrated it as shown. Currently, it continues to view two peaks similar to 2021, and the market is preparing to dive into a downtrend. I mentioned why it differs, and I might analyze it in more detail in another article.
OK, assuming the market enters a downtrend, where will the bottom be? The reality is that the bottoms of downtrend cycles are quite related to the mining costs of the miners, depending on many factors like machine types, electricity prices, difficulty (hashrate), halving... For example, the bottom of the downtrends in 2022 and 2023 had an average cost to mine 1 BTC hovering around $13k-$18k. When the price fell to $15k-$16k, a portion of miners started to incur losses, so rather than mining, they just bought directly on the exchange for convenience.
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This section $BTC about 8x 7x, $ETH below 2k I have posted 2 times reporting that whales are accumulating strongly.
Challenge you all to find any channel reporting strong accumulation during this period, including large on-chain channels around the world š¤£ If you only check on-chain as usual, there will be no signs of accumulation here, but the reason I know about their accumulation is a secret technique š¤
On-chain is becoming increasingly popular now, anyone can check and follow whale or MM wallets. But if on-chain were that miraculous, the large on-chain teams would have avoided the downtrend when BTC peaked at 69k in the previous cycle, or most recently in March-April 2024 and December 2024. The truth is that the bookmakers have set up this game; they know everything and allow us to monitor it. Large on-chain channels worldwide like lookonchain are also created for on-chain marketing, faking buys at the peak and selling at the bottom. By the end of the season, Iām sure they will fake again, and those who are too confident in on-chain will be fooled once more š¤£
The first report was on March 10, the second on March 24, feel free to check VAR. After this section, various parties started sharing charts of NOKIA that look like ETH and claim ETH is dead, preparing to drop to a few hundred $.
On April 21, I pinned in the chat channel to confirm for everyone so they wouldnāt have to worry. The minimum retracement from that point to 2k2 is already over 50%, and currently, $ETH has +200% (x3)
If you want to check VAR or follow my market updates as early & thoroughly as possible, then follow tradecoinsignalsvn (free)
Challenge you all to find any channel reporting strong accumulation during this period, including large on-chain channels around the world š¤£ If you only check on-chain as usual, there will be no signs of accumulation here, but the reason I know about their accumulation is a secret technique š¤
On-chain is becoming increasingly popular now, anyone can check and follow whale or MM wallets. But if on-chain were that miraculous, the large on-chain teams would have avoided the downtrend when BTC peaked at 69k in the previous cycle, or most recently in March-April 2024 and December 2024. The truth is that the bookmakers have set up this game; they know everything and allow us to monitor it. Large on-chain channels worldwide like lookonchain are also created for on-chain marketing, faking buys at the peak and selling at the bottom. By the end of the season, Iām sure they will fake again, and those who are too confident in on-chain will be fooled once more š¤£
The first report was on March 10, the second on March 24, feel free to check VAR. After this section, various parties started sharing charts of NOKIA that look like ETH and claim ETH is dead, preparing to drop to a few hundred $.
On April 21, I pinned in the chat channel to confirm for everyone so they wouldnāt have to worry. The minimum retracement from that point to 2k2 is already over 50%, and currently, $ETH has +200% (x3)
If you want to check VAR or follow my market updates as early & thoroughly as possible, then follow tradecoinsignalsvn (free)
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BTC.D paves the way for the deer to run š¤£
On July 22, I warned that the market's correction phase would fall around the end of July and the beginning of August; timing is that by the end of the first week of August, the correction will be complete and the trend will reverse => it is done.
If you want to check VAR or follow my updates on the market as early & thoroughly as possible, then follow tradecoinsignalsvn (free)
On July 22, I warned that the market's correction phase would fall around the end of July and the beginning of August; timing is that by the end of the first week of August, the correction will be complete and the trend will reverse => it is done.
If you want to check VAR or follow my updates on the market as early & thoroughly as possible, then follow tradecoinsignalsvn (free)
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BTC.D also matches the timing test at the old bottom + MA/EMA200 when the market corrected at the end of July and the beginning of August.
$BTC ššš
$BTC ššš
Prepare for article $BTC to fill the GAP CME, creating 2 additional H4 reversal bottoms. Timing perfectly matches the first week of August :)) On July 22, I warned that the adjustment phase would occur around the end of July to the beginning of August, which has already matched.
If you want to check VAR or follow my updates on the market as early & thoroughly as possible, then follow tradecoinsignalsvn (free)
If you want to check VAR or follow my updates on the market as early & thoroughly as possible, then follow tradecoinsignalsvn (free)
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Prepare for article $BTC to fill the GAP CME, creating 2 additional H4 reversal bottoms. Timing perfectly matches the first week of August :)) On July 22, I warned that the adjustment phase would occur around the end of July to the beginning of August, which has already matched.
If you want to check VAR or follow my updates on the market as early & thoroughly as possible, then follow tradecoinsignalsvn (free)
If you want to check VAR or follow my updates on the market as early & thoroughly as possible, then follow tradecoinsignalsvn (free)
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Interest rates NOT DECREASING ā INTERNAL DIVISION in the FED!
š„FED meeting results:
Keeping interest rates unchanged as predicted, waiting for more economic data (employment, inflation) before deciding to cut.
Current policy stance: Still slightly tight, in line with the resilient US economy.
The FED remains flexible, ready to respond if there are unexpected changes.
š Inflation & tariffs:
Tariffs are just beginning to affect prices, but more time is needed to assess the long-term impact. The FED warns that if tariffs persist, they may cause persistent inflation.
Keeping interest rates unchanged as predicted, waiting for more economic data (employment, inflation) before deciding to cut.
Current policy stance: Still slightly tight, in line with the resilient US economy.
The FED remains flexible, ready to respond if there are unexpected changes.
š Inflation & tariffs:
Tariffs are just beginning to affect prices, but more time is needed to assess the long-term impact. The FED warns that if tariffs persist, they may cause persistent inflation.
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All 3 major crypto bills have just been passed by the House of Representatives, among which the GENIUS Act will be presented to President Trump to become the first major crypto law in U.S. history.
š CLARITY Act: Passed with a vote of 294ā134, with 78 Democratic representatives in support
š GENIUS Act: Passed with a vote of 308ā122, with 102 Democratic representatives agreeing
š Anti-CBDC Act: Passed narrowly with a vote of 219ā210, only 2 Democratic representatives in support
šļø The GENIUS Act will be officially signed at the White House tomorrow afternoon, the significance of this bill can be read in the old article š Not sure if there will be a sell the news in the short term, but this is extremely bullish news for the crypto market in the long term, the money printing machine has been activated š¤
#AltcoinBreakout #AltcoinSeasonLoading
š CLARITY Act: Passed with a vote of 294ā134, with 78 Democratic representatives in support
š GENIUS Act: Passed with a vote of 308ā122, with 102 Democratic representatives agreeing
š Anti-CBDC Act: Passed narrowly with a vote of 219ā210, only 2 Democratic representatives in support
šļø The GENIUS Act will be officially signed at the White House tomorrow afternoon, the significance of this bill can be read in the old article š Not sure if there will be a sell the news in the short term, but this is extremely bullish news for the crypto market in the long term, the money printing machine has been activated š¤
#AltcoinBreakout #AltcoinSeasonLoading
FED Maintains Stance, Money Flow into ETFs Remains Positive, Stablecoin Bill Set to Pass
- Bad news:
The Iran-Israel conflict continues to escalate - this news will have a short-term impact, similar to the previous Russia-Ukrainian situation.
The FED continues to maintain interest rates (bad news, but it was anticipated). Chairman Jerome Powell's tone remains unchanged - waiting for more data to better understand the impact of tariffs before making policy adjustments. Sticking to an independent stance, asserting that the FED works based on economic data, not political pressure, even though President Trump continuously pushes for rate cuts.
The Iran-Israel conflict continues to escalate - this news will have a short-term impact, similar to the previous Russia-Ukrainian situation.
The FED continues to maintain interest rates (bad news, but it was anticipated). Chairman Jerome Powell's tone remains unchanged - waiting for more data to better understand the impact of tariffs before making policy adjustments. Sticking to an independent stance, asserting that the FED works based on economic data, not political pressure, even though President Trump continuously pushes for rate cuts.
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Altcoins mostly have 2 types of charts as above. Some form higher peaks than the rally in December ($LINK , $AAVE , PEPE,...), while the rest are like the image below.
Regarding Technical Analysis, altcoins of type 1 have been in a downtrend for over 200 days since the peak in December 2024, while type 2 has been in a downtrend for about ~500 days. Currently, there are just beginning to be movements breaking upward or approaching resistance zones in the price channel.
Recently, many people have been talking about the market entering a downtrend, altcoins cannot rise, $BTC will crash hard & altcoins will die, blah blah... especially during the fake double peak of BTC. To be precise, altcoins have been in a downtrend all this time; there has been no uptrend to be able to "enter downtrend" =))
It shows that most retailers make assessments based on feelings, possibly due to extreme psychological pressure + mental fatigue š
If you want to check VAR or follow my updates on the market as early & as comprehensive as possible, then follow tradecoinsignalsvn (free)
Regarding Technical Analysis, altcoins of type 1 have been in a downtrend for over 200 days since the peak in December 2024, while type 2 has been in a downtrend for about ~500 days. Currently, there are just beginning to be movements breaking upward or approaching resistance zones in the price channel.
Recently, many people have been talking about the market entering a downtrend, altcoins cannot rise, $BTC will crash hard & altcoins will die, blah blah... especially during the fake double peak of BTC. To be precise, altcoins have been in a downtrend all this time; there has been no uptrend to be able to "enter downtrend" =))
It shows that most retailers make assessments based on feelings, possibly due to extreme psychological pressure + mental fatigue š
If you want to check VAR or follow my updates on the market as early & as comprehensive as possible, then follow tradecoinsignalsvn (free)
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Reporting to the team that the break point is also called right at the wave foot, exactly during 2 busy weeks so the post is late, otherwise it would have been posted a few days earlier when I entered the order.
A specific example of a blue-chip stock like $LINK at this moment is touching the old resistance peak ahead, according to technical analysis, there are 2 highest possibilities that could happen:
1. If strong, it breaks (retests) and continues to rise immediately.
2. Encounters resistance and adjusts, at this moment it may form a cup and handle pattern and then increase.
In a bad case, if $BTC drops sharply and the dominance increases, it will also return to the bottom forming a triple bottom pattern, after that it will also increase (this scenario, in my opinion, currently has a very low probability).
Anyway, the price has broken up after about 6-7 months of decline, 4 months of sideways movement with a wide range creating 2 bottoms. The entire market is moving together, other stocks are similar so the team can base on this view to trade in the upcoming period š
The post reports the break point is preparing to increase in the channel, if the team wants to check VAR or follow me for the earliest & most complete market updates then follow tradecoinsignalsvn (free)
A specific example of a blue-chip stock like $LINK at this moment is touching the old resistance peak ahead, according to technical analysis, there are 2 highest possibilities that could happen:
1. If strong, it breaks (retests) and continues to rise immediately.
2. Encounters resistance and adjusts, at this moment it may form a cup and handle pattern and then increase.
In a bad case, if $BTC drops sharply and the dominance increases, it will also return to the bottom forming a triple bottom pattern, after that it will also increase (this scenario, in my opinion, currently has a very low probability).
Anyway, the price has broken up after about 6-7 months of decline, 4 months of sideways movement with a wide range creating 2 bottoms. The entire market is moving together, other stocks are similar so the team can base on this view to trade in the upcoming period š
The post reports the break point is preparing to increase in the channel, if the team wants to check VAR or follow me for the earliest & most complete market updates then follow tradecoinsignalsvn (free)
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After a long period of total supply $BTC on exchanges sharply decreased, there are now signs of recovery. The simple reason is that the price has risen to a new range, so there is a demand to take profit, which is natural.
The distribution phase is starting to occur, but don't worry too much, because during distribution, the price is usually kept + pushed up for a while, at least for a few months, as a few days wouldn't provide enough liquidity to offload a large amount of inventory.
Currently, BTC is down, dominance is down, while alts are not experiencing a shock drop. $ETH $SOL is decreasing less than BTC, indicating a possible movement to swap BTC for alts to set up for a push here.
Why swap BTC for alts for distribution? Because at this price level, retailers are either not buying BTC or are buying very little. Look at yourself and those around you to see if anyone is buying BTC at this price. Not to mention those who are already in profit and want to sell their holdings => liquidity from retailers will certainly not be enough for the large amount.
To offload a lot, optimally, it's still like always:
BTC swap to alts => push => offload to fiat or BTC, eventually, there will be a simultaneous offload of BTC & alts => Downtrend
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The distribution phase is starting to occur, but don't worry too much, because during distribution, the price is usually kept + pushed up for a while, at least for a few months, as a few days wouldn't provide enough liquidity to offload a large amount of inventory.
Currently, BTC is down, dominance is down, while alts are not experiencing a shock drop. $ETH $SOL is decreasing less than BTC, indicating a possible movement to swap BTC for alts to set up for a push here.
Why swap BTC for alts for distribution? Because at this price level, retailers are either not buying BTC or are buying very little. Look at yourself and those around you to see if anyone is buying BTC at this price. Not to mention those who are already in profit and want to sell their holdings => liquidity from retailers will certainly not be enough for the large amount.
To offload a lot, optimally, it's still like always:
BTC swap to alts => push => offload to fiat or BTC, eventually, there will be a simultaneous offload of BTC & alts => Downtrend
Follow me for the earliest market updates at tradecoinsignalsvn (free)
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Today there is news that the super Whale 80k $BTC is selling goods. In fact, it is transferring to Galaxy Digital, likely selling OTC. As for Galaxy Digital listing the goods on the exchange, it might be to keep the buyer anonymous, because if sent directly to the wallet, on-chain would be able to check who bought it.
Galaxy Digital is a service that supports the buying and selling of cryptocurrencies, especially for institutional clients.
This wallet has been mentioned before since 2011, and in my opinion, there is a 99.99% chance it belongs to a bookmaker. Now they are selling goods to institutional companies because anyway, the amount of OTC goods on the exchange is gradually depleting with the current buying force.
This news is expected to cause many people to sell off and rush into Shorts because they fear this whale will dump the market (while it is selling OTC) š¤£
Galaxy Digital is a service that supports the buying and selling of cryptocurrencies, especially for institutional clients.
This wallet has been mentioned before since 2011, and in my opinion, there is a 99.99% chance it belongs to a bookmaker. Now they are selling goods to institutional companies because anyway, the amount of OTC goods on the exchange is gradually depleting with the current buying force.
This news is expected to cause many people to sell off and rush into Shorts because they fear this whale will dump the market (while it is selling OTC) š¤£
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Find someone to assert right away that there are not 2 peaks in the May-June period =))
After that, $BTC has closed a 7-week consecutive increase candle which has indicated a correction phase -> sw -> continue to rise.
Yesterday and today, scrolling through social media, I see many brothers who are Short have either burned or are still holding losses, heavily in the red but still calling each other to pile on + hold on. The price keeps rising amidst doubts, $BTC has broken ATH with no resistance, and now is in a phase of continuously probing for peaks r š
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After that, $BTC has closed a 7-week consecutive increase candle which has indicated a correction phase -> sw -> continue to rise.
Yesterday and today, scrolling through social media, I see many brothers who are Short have either burned or are still holding losses, heavily in the red but still calling each other to pile on + hold on. The price keeps rising amidst doubts, $BTC has broken ATH with no resistance, and now is in a phase of continuously probing for peaks r š
Follow me for the earliest market updates at tradecoinsignalsvn (free)
BTC Breaks ATH ā This Is How the Market Operates in Every Cycle
$BTC has broken the ATH; many parties have viewed this section as two peaks reversing into a downtrend, mainly due to a lack of understanding of Ichimoku clouds. I assert that with the clouds as they are now, there is a 99% chance there will not be two peaks here; $BTC may correct but will continue to rise.
After breaking the ATH, according to theory, it will move to the following phases:
1. Price Discovery Phase
When the price surpasses the ATH, there will be no resistance above; it will enter a phase of seeking new highs. During this phase, positive news will continuously support the upward trend, attracting new capital and starting to trigger FOMO.
After breaking the ATH, according to theory, it will move to the following phases:
1. Price Discovery Phase
When the price surpasses the ATH, there will be no resistance above; it will enter a phase of seeking new highs. During this phase, positive news will continuously support the upward trend, attracting new capital and starting to trigger FOMO.
See original
[This post was made by me on 3/7 in the channel]
$BTC the D frame has blue clouds returning, the closing price has just started to break. H4 is showing signs of a retest but has not confirmed yet.
The two thick Short liquidity areas that I updated earlier are 109k (which was swept last night) and 110-112k. According to normal logic, retailers who Short here will definitely have to SL above the old peak, this is a very large liquidity area. If the market makers have pushed it up to here, there is a very high chance it will go up and hit the 110-112k area, then it will either reverse or continue further, that will be determined later.
If you remember the BTC chart and M2 money supply with a correlation level of ~80%, then the current time is approaching a point where it needs to go up if it continues to move together. The average lag of M2 is about 70-100 days (depending on different parties), with a timing deviation of ~1 month, which is relatively large.
Follow me for the earliest market updates at tradecoinsignalsvn (free)
$BTC the D frame has blue clouds returning, the closing price has just started to break. H4 is showing signs of a retest but has not confirmed yet.
The two thick Short liquidity areas that I updated earlier are 109k (which was swept last night) and 110-112k. According to normal logic, retailers who Short here will definitely have to SL above the old peak, this is a very large liquidity area. If the market makers have pushed it up to here, there is a very high chance it will go up and hit the 110-112k area, then it will either reverse or continue further, that will be determined later.
If you remember the BTC chart and M2 money supply with a correlation level of ~80%, then the current time is approaching a point where it needs to go up if it continues to move together. The average lag of M2 is about 70-100 days (depending on different parties), with a timing deviation of ~1 month, which is relatively large.
Follow me for the earliest market updates at tradecoinsignalsvn (free)
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FED Maintains Stance, Money Flow into ETFs Remains Positive, Stablecoin Bill Set to Pass
- Bad news:
The Iran-Israel conflict continues to escalate - this news will have a short-term impact, similar to the previous Russia-Ukrainian situation.
The FED continues to maintain interest rates (bad news, but it was anticipated). Chairman Jerome Powell's tone remains unchanged - waiting for more data to better understand the impact of tariffs before making policy adjustments. Sticking to an independent stance, asserting that the FED works based on economic data, not political pressure, even though President Trump continuously pushes for rate cuts.
The Iran-Israel conflict continues to escalate - this news will have a short-term impact, similar to the previous Russia-Ukrainian situation.
The FED continues to maintain interest rates (bad news, but it was anticipated). Chairman Jerome Powell's tone remains unchanged - waiting for more data to better understand the impact of tariffs before making policy adjustments. Sticking to an independent stance, asserting that the FED works based on economic data, not political pressure, even though President Trump continuously pushes for rate cuts.
See original
For the First Time in History: The Amount of 'Sleeping' BTC for 10 Years+ Exceeds Newly Mined Amount!
Fidelity Digital Assets has released a new report showing that for the first time in history, the amount of Bitcoin entering the 'ancient supply' ā that is, coins that have not moved for 10 years or more ā is greater than the amount of newly mined Bitcoin.
There are 2 cases for this:
1 is that over time, more and more people lose wallets for long enough (such as during the 2014-2015 period), leading this pile of Bitcoin to join the '10 years+ not moving' group.
There are 2 cases for this:
1 is that over time, more and more people lose wallets for long enough (such as during the 2014-2015 period), leading this pile of Bitcoin to join the '10 years+ not moving' group.
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ā ļø Binance has noticed that $ZKJ and $KOGE have experienced significant price fluctuations, and our initial findings indicate that these developments are the result of large holders removing liquidity on-chain and a wave of liquidations in the market.
To maintain fairness and stability in the market and reduce systemic concentration risk, Binance will adjust the rules for calculating Alpha Points. Starting from 00:00 UTC on June 17, 2025, the trading volume of trading pairs between Alpha tokens will no longer be counted in the calculation of Alpha Points.
If this is not a real rug pull, we should see the price recover somewhat tomorrow; it seems the $KOGE was created by a Chinese wizard team to cheat the volume paired with another token previously => Binance bans spam of tokens unrelated to Alpha => these guys switched to spam the pair ZKJ/KOGE. Now they are also banning trading between tokens, meaning only the volume of Alpha token pairs with USDT, USDC, and possibly BNB will be counted.
In general, this situation needs further monitoring because currently, Binance Alpha is helping Mr. Bįŗ±ng earn fees + exchange rate differences from users around $3-5 million a day. Airdrops only return on average about $1 million, and since they were cultivating good users, itās a bit confusing if they go rug now š
Follow me for the earliest market updates at tradecoinsignalsvn (free)
To maintain fairness and stability in the market and reduce systemic concentration risk, Binance will adjust the rules for calculating Alpha Points. Starting from 00:00 UTC on June 17, 2025, the trading volume of trading pairs between Alpha tokens will no longer be counted in the calculation of Alpha Points.
If this is not a real rug pull, we should see the price recover somewhat tomorrow; it seems the $KOGE was created by a Chinese wizard team to cheat the volume paired with another token previously => Binance bans spam of tokens unrelated to Alpha => these guys switched to spam the pair ZKJ/KOGE. Now they are also banning trading between tokens, meaning only the volume of Alpha token pairs with USDT, USDC, and possibly BNB will be counted.
In general, this situation needs further monitoring because currently, Binance Alpha is helping Mr. Bįŗ±ng earn fees + exchange rate differences from users around $3-5 million a day. Airdrops only return on average about $1 million, and since they were cultivating good users, itās a bit confusing if they go rug now š
Follow me for the earliest market updates at tradecoinsignalsvn (free)
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Many people say the market is entering a downtrend? Why is it very difficult for BTC to drop to $40k-$50k?
[I posted this on 2/6 in the channel]
The content analysis debt is trending downwards for a while; back in April, many KOLs viewed the market as entering a downtrend and roughly illustrated it as shown. Currently, it continues to view two peaks similar to 2021, and the market is preparing to dive into a downtrend. I mentioned why it differs, and I might analyze it in more detail in another article.
OK, assuming the market enters a downtrend, where will the bottom be? The reality is that the bottoms of downtrend cycles are quite related to the mining costs of the miners, depending on many factors like machine types, electricity prices, difficulty (hashrate), halving... For example, the bottom of the downtrends in 2022 and 2023 had an average cost to mine 1 BTC hovering around $13k-$18k. When the price fell to $15k-$16k, a portion of miners started to incur losses, so rather than mining, they just bought directly on the exchange for convenience.
The content analysis debt is trending downwards for a while; back in April, many KOLs viewed the market as entering a downtrend and roughly illustrated it as shown. Currently, it continues to view two peaks similar to 2021, and the market is preparing to dive into a downtrend. I mentioned why it differs, and I might analyze it in more detail in another article.
OK, assuming the market enters a downtrend, where will the bottom be? The reality is that the bottoms of downtrend cycles are quite related to the mining costs of the miners, depending on many factors like machine types, electricity prices, difficulty (hashrate), halving... For example, the bottom of the downtrends in 2022 and 2023 had an average cost to mine 1 BTC hovering around $13k-$18k. When the price fell to $15k-$16k, a portion of miners started to incur losses, so rather than mining, they just bought directly on the exchange for convenience.
See original
BTC Breaks ATH ā This Is How the Market Operates in Every Cycle
$BTC has broken the ATH; many parties have viewed this section as two peaks reversing into a downtrend, mainly due to a lack of understanding of Ichimoku clouds. I assert that with the clouds as they are now, there is a 99% chance there will not be two peaks here; $BTC may correct but will continue to rise.
After breaking the ATH, according to theory, it will move to the following phases:
1. Price Discovery Phase
When the price surpasses the ATH, there will be no resistance above; it will enter a phase of seeking new highs. During this phase, positive news will continuously support the upward trend, attracting new capital and starting to trigger FOMO.
After breaking the ATH, according to theory, it will move to the following phases:
1. Price Discovery Phase
When the price surpasses the ATH, there will be no resistance above; it will enter a phase of seeking new highs. During this phase, positive news will continuously support the upward trend, attracting new capital and starting to trigger FOMO.
See original
Trend Accumulation Score - This chart classifies wallet address groups based on the amount of Bitcoin held (vertical axis) and accumulation trends, distributed over time (horizontal axis).
Dark Green (~1.0): Strong Accumulation
Dark Red (~0.0): Strong Distribution
Yellow/Orange: Neutral or Slightly Changing.
Looking at the chart, one can somewhat identify the medium and long-term trend of $BTC . From April to the present, there has been a trend of accumulation again; after these accumulation phases, the price usually increases.
One issue that many people do not understand clearly is that this on-chain indicator has a delay and deviation. For example, when a whale accumulates on a CEX from before, it is not until they withdraw to a wallet that the amount held increases and it starts to change color. Conversely, when $BTC deposits to the exchange, a decrease in holdings does not necessarily mean that it was sold at that moment; only the whale or market maker knows the specific buying and selling times. This is often used for on-chain marketing and misleading retailers regarding altcoins.
During the February-March period when the market crashed, I posted that the whale team and the big players were accumulating heavily, not just starting now š
Follow me for the earliest market updates at tradecoinsignalsvn (free)
Dark Green (~1.0): Strong Accumulation
Dark Red (~0.0): Strong Distribution
Yellow/Orange: Neutral or Slightly Changing.
Looking at the chart, one can somewhat identify the medium and long-term trend of $BTC . From April to the present, there has been a trend of accumulation again; after these accumulation phases, the price usually increases.
One issue that many people do not understand clearly is that this on-chain indicator has a delay and deviation. For example, when a whale accumulates on a CEX from before, it is not until they withdraw to a wallet that the amount held increases and it starts to change color. Conversely, when $BTC deposits to the exchange, a decrease in holdings does not necessarily mean that it was sold at that moment; only the whale or market maker knows the specific buying and selling times. This is often used for on-chain marketing and misleading retailers regarding altcoins.
During the February-March period when the market crashed, I posted that the whale team and the big players were accumulating heavily, not just starting now š
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