For the first time in a year, the 90-day change in stablecoin supply has turned positive, showing a rising trend in correlation with BTC, according to Glassnode.
Читать полностью…Bitcoin is unable to surpass the $60,000 level and has been rejected from there. Expect some sideways movement, and the price may also decline towards the $57,000 local support area. Use tight stop loss in all open trades.
Читать полностью…The pace of net capital inflow into BTC has slowed, signaling a delicate balance between profit-takers and those facing losses. Historically, these quiet phases often set the stage for major volatility spikes.
Читать полностью…Bitcoin is approaching a retest of the $60,000 level. Let's see if the price is able to break above this level or not. The market is once again giving mixed signals.
Читать полностью…BB dropping lower and still inside the channel pattern. Price dropping lower might form some sort of triple bottom pattern and might take a reversal from here.
Читать полностью…LOKA analysis:
Price has been rejected multiple times from the resistance area, indicating a potential test of the support area. This zone presents an opportunity for new long positions.
Support Area: $0.17-$0.18
Resistance Area: $0.24-$0.26
JTO is currently testing the support area, and we anticipate a rebound from this level. You can consider opening a small long position here with a tight stop loss.
Support Area: $2.45-$2.60
Resistance Area: $2.95-$3.15
BB analysis:
The price is currently trading within a downtrend channel and has been rejected from the local resistance area. We might see another test of the resistance area in the coming days. You can consider opening a small long position at the support area with a tight stop loss.
Support Area: $0.30-$0.31
Resistance Area: $0.375-$0.40
Educational Post
What Is a Carry Trade?
A carry trade is a strategy where you borrow money in a currency with low interest rates and invest it in a different currency or asset that offers higher returns. The idea is simple: you're looking to profit from the difference between these rates.
While this strategy is mostly used in the world of forex and currency trading, it can also be applied to stocks, bonds, and even commodities.
How Carry Trades Work
Here’s how it usually goes: you take out a loan in a currency that has low or near-zero interest rates – think the Japanese yen (JPY), which has had low rates for years. Then, you convert that money into a currency with a higher interest rate, like the US dollar. Once you have the higher-yielding currency, you invest it in something like US government bonds or other assets that give you a good return.
For example, if you borrow yen at 0% and invest it in something that pays 5.5%, you're earning that 5.5%, minus any fees or costs. It’s like turning cheap money into more money (as long as the exchange rates play nice).
Why Investors Use Carry Trades
Carry trades are popular because they offer a way to earn a steady return from the interest rate difference, without needing the value of the investment to go up. This makes it a favorite among big players like hedge funds and institutional investors, who have the tools and knowledge to manage the risks.
Often, investors use leverage in carry trades, which means they borrow a lot more money than they actually have. This can make the returns much bigger – but it also means the losses can be just as large if things don’t go as planned.
MATIC analysis:
The price has reclaimed a key level and is now retesting it. If you missed out on buying MATIC when it dipped, you could consider opening a small long position here with a tight stop loss. We might see a bounce from this point towards the next resistance area.
Support Area: $0.50-$0.53
Resistance Area: $0.747-$0.787
IRIS is continuing its upward movement as expected. Consider taking some profit at the resistance area and using a trailing stop loss.
Читать полностью…The coin we are pumping tonight is: JWIF
https://www.mexc.com/exchange/JWIF_USDT
Buy and hold for massive profits🚀
Dear members,
1 hour left until the MEXC pump!
A massive 50X-100X pump is about to happen in only 60 minutes. We will be using USDT for this call, make sure you have “USDT”in your “MEXC wallet”before pumping.
The TOTAL crypto marketcap is once again testing the support area, but it is currently holding this level. This suggests potential accumulation at the support area before the next move.
Читать полностью…BURGER analysis :
BURGER bouncing off from the major support and with that price broke the falling wedge pattern and price looks bullish now. Buys looks good over the support to a stop below support or swing.
After being rejected from the resistance area, LOKA dropped to the support zone. Hopefully, you have opened a long position at the support area. You can increase your stop loss and maintain the long position. The resistance area remains the same.
Читать полностью…SYS analysis :
SYS break the major support zone turning it into resistance and now reaching the flip area (Yellow Zone) $0.096 - $0.10 and expected a sort a reversal from there.
Major Resistance : $0.13 - $0.14
Bitcoin was rejected from the resistance area and was unable to hold the $60,000 support. Things are taking a negative turn, and BTC needs to reclaim the $60,000 level. Let's see how things go this week.
Читать полностью…The STH Realized Loss by Age metric measures the extent of losses that short-term holders have realized. When this metric shows high values, it confirms that the sell-side pressure indicated by the MVRV and SOPR metrics has indeed occurred. By quantifying the magnitude of these losses, it helps validate periods of seller exhaustion.
Читать полностью…Bitcoin was rejected from the $65,000 resistance level, and the price dropped to the sub $62,000 area. We may see some sideways movement. The support and resistance levels remain the same.
Читать полностью…Last week, digital asset investment products experienced a notable influx of $533 million, the highest in five weeks. This surge came on the heels of Jerome Powell's remarks at the Jackson Hole Symposium. Bitcoin led the charge, attracting $543 million in inflows, highlighting its strong sensitivity to interest rate expectations.
Читать полностью…Bitcoin is trading sideways near the resistance area, with the price not breaking above $65,000. If it breaks above $65,000, it will likely move towards the $69,000-$70,000 resistance area. However, if there is a rejection from this level, the price could drop back to below $62,000.
Читать полностью…#JWIF/USDT Mega Signal Recap! 🚀
Amazing signal with around 200k USDT in volume and peak of 26X. Hundreds of thousands of MEXC traders took notice of our call on #JWIF as it climbed the 'Top Gainers' list, Congratulations to those who managed to make profits on this one, everybody that had a good internet connection and was fast enough had the opportunity to book loads of profit during 2nd minute candle.
This was an amazing signal as we promised our whales supported our coin and we're glad everyone participated. We are receiving many messages of appreciation and we are glad many of you managed to turn a massive profit on this signal! the upcoming one will be a long lasting pump and we will make sure to reach again +10000% gains on MEXC. Stay tuned for our next signal announcement!
5 minutes left! Remember to have your MEXC account login and our telegram group open. The next message will be the coin name to buy with clickable LINK in SPOT USDT pair.
NOTE : our WHALES will MARKET BUY after members buying. We will make MULTIPLE WAVES in this coin.
30 minutes left until the Mega Pump Signal on MEXC! Make sure you have USDT available in your spot usdt account.
Official Target: 50X-100X gains🚀
Glassnode's report shows that the STH-MVRV ratio for Bitcoin has dropped below 1.0, indicating that recent investors are currently at a loss. This situation, marked by unrealized losses, could lead to increased selling pressure and raise the risk of panic and capitulation among short-term holders.
Читать полностью…