Crypto VIP Signal

05 июля 2024 15:26

Educational Post

What Is Quantitative Tightening (QT)?

Quantitative tightening is a monetary policy tool used by central banks to reduce the amount of money circulating in the economy. This tool is often implemented after a period of quantitative easing, where central banks inject money into the economy to stimulate growth.

During QE, central banks purchase government bonds and other financial assets to increase the money supply and lower interest rates, promoting borrowing and investment. QT is essentially the reverse of this process, aimed at tightening the money supply to prevent overheating in the economy and control inflation.

Goals of Quantitative Tightening

The main goals of QT are:

Controlling inflation: By reducing the money supply, QT helps to cool down an overheating economy and bring inflation under control.

Normalizing monetary policy: After extensive QE, QT aims to return the central bank’s balance sheet to a more typical size and composition.

How Does Quantitative Tightening Work?

Quantitative tightening involves several steps and mechanisms by which central banks reduce the money supply. Here’s how it typically works:

1. Ceasing purchases

The first step in QT is for the central bank to stop purchasing new securities. During QE periods, the central bank buys government bonds and other assets to inject money into the economy. In QT, these purchases are halted.

2. Allowing securities to mature

Central banks hold a variety of financial assets with fixed maturity dates. When these securities mature, the central bank has the option to reinvest the proceeds in new securities (to keep the balance sheet stable) or to stop reinvesting (to effectively remove money from circulation).

In QT, the central bank chooses not to reinvest these proceeds. Instead, it allows the securities to roll off its balance sheet, thereby reducing the money supply gradually.

3. Selling assets

In some cases, central banks may actively sell securities from their portfolios to accelerate the process of QT. By selling these assets, the central bank can more quickly reduce its balance sheet and the overall money supply.

4. Adjusting interest on reserves

Central banks can also use the interest rates paid on reserves as a tool for QT. By increasing the interest rates paid on the money that commercial banks hold at the central bank, commercial banks are more likely to keep their reserves rather than lend them out, which also reduces the money supply.

Crypto VIP Signal

05 июля 2024 12:02

ETH is currently testing a key daily support area. The daily candle needs to close above this support area; otherwise, we may see heavy selling. The next 2-3 days are crucial, so it's better to wait for some time to let the situation settle.

Crypto VIP Signal

05 июля 2024 06:45

Mt. Gox moved Bitcoin, causing panic in the market. This might be a good opportunity to buy the dip as a small recovery rally of 15-30% in altcoins is anticipated.

Crypto VIP Signal

04 июля 2024 20:02

ROSE analysis:

Price is currently trading near a major support area. It is important for ROSE to hold this level; otherwise, we may see a significant sell-off. You can consider opening a small long position at the support area with a tight stop loss.

Support Area: $0.081-$0.084

Resistance Area: $0.102-$0.105

Crypto VIP Signal

04 июля 2024 11:37

BREAKING: 🇩🇪 German Govt. strikes again.

Moved 1,300 #BTC (Approx. $75.53M

Sent to Bitstamp, Coinbase, and Kraken

Largest CEX transfer recently.

Crypto VIP Signal

04 июля 2024 08:14

Bitcoin has failed to hold the support area and is now trading below it. If the price is unable to reclaim the support area, we may see a continuation of the downtrend. Please use tight stop loss in all open trades.

Support Area: $56,500-$57,000

Resistance Area: $60,000-$60,500

Crypto VIP Signal

03 июля 2024 16:11

Educational Post

What Is Binance Convert?

Binance Convert is a simple and intuitive tool that enables users to convert cryptocurrencies directly. Unlike traditional trading – where users have to navigate through order books, set limits, or engage in trading strategies – Binance Convert simplifies the process by allowing direct swaps between different assets.

Binance Convert is particularly useful for beginners who may find traditional trading interfaces daunting or for users who need a quick and straightforward way to exchange their digital assets.

How Does Binance Convert Work?

Binance Convert operates through a straightforward process:

1. Selection of cryptocurrencies: Users select the cryptocurrency they want to convert from and the cryptocurrency they want to receive.

2. Quote generation: Binance Convert generates a real-time quote for the conversion. This quote reflects the current market rate and is typically valid for a short period, often around ten seconds.

3. Conversion confirmation: If the user agrees with the quote, they can confirm the conversion. The transaction is then executed instantly, and the converted cryptocurrency is credited to the user's account.

Benefits of Using Binance Convert

Simplicity and convenience

Binance Convert offers a user-friendly interface that is easy to navigate, making it accessible even for those new to crypto trading. The process is straightforward and does not require any advanced trading knowledge.

Instant transactions

Market order conversions on Binance Convert are executed instantly. This is a significant advantage over traditional trading, where transactions can sometimes take longer due to the need to match buy and sell orders.

Crypto VIP Signal

03 июля 2024 12:32

Bitcoin Dominance is trading in a symmetrical triangle pattern. The break of this triangle will determine the next move. Price is currently heading towards the trendline support of the triangle. A break below the trendline is bullish for altcoins.

Support Area: 54.00-54.10%

Resistance Area: 54.90-55.30%

Next Major Support Area: 51.90-52.15%

Crypto VIP Signal

02 июля 2024 20:28

XLM analysis:

The price is currently testing the resistance area. We will see if it can break above it. If there's a rejection, the price will likely move towards the lower support area. A break above the resistance area is considered bullish. It's advisable to wait for new trading opportunities.

Support Area: $0.0817-$0.0836

Resistance Area: $0.0944-$0.0962

Crypto VIP Signal

02 июля 2024 09:47

📊 Big News! Yesterday, US spot Bitcoin ETFs saw a massive $130 million in net inflows, marking the largest influx in three weeks!

Crypto VIP Signal

01 июля 2024 20:33

QNT analysis:

Price is currently in a downtrend and is unable to hold the major support area. QNT is now heading for a retest, and we will see if the price is able to break this level or not.

Support Area: $63.5-$67.5

Resistance Area: $82.7-$84.8

Crypto VIP Signal

01 июля 2024 14:31

XRP analysis:

Price is currently trading at a major support area on the daily time frame. There might be some accumulation at the support area, so you could consider opening a small long position there.

Support Area: $0.45-$0.473

Resistance Area: $0.569-$0.592

Crypto VIP Signal

01 июля 2024 07:40

Bitcoin began the week with a strong upward movement. The price bounced after testing the support area and is now heading towards the resistance zone. Whether the upward movement continues or not will be determined by the US market opening. Let's observe how the price reacts.

Crypto VIP Signal

30 июня 2024 15:35

71 days after the halving and Bitcoin is still on track for a 2016-2017 bull run. This rally is just warming up.

Crypto VIP Signal

30 июня 2024 09:16

Bitcoin is still trading sideways with no market changes. The support level is $60,000, and the market remains above it. Potential movement is expected on Monday with the opening of global markets.

Crypto VIP Signal

05 июля 2024 13:26

Funding rates are significantly negative, indicating that the market may be approaching a bottom. It's advisable to monitor the price over the next few days.

Crypto VIP Signal

05 июля 2024 08:09

Bitcoin is currently experiencing a downward trend and has been unable to maintain the $56,500 support level. There is a lot market panic due to the Mt. Gox distribution and the sale by the Germany Government. We may observe some sideways movement shortly, and we will have to wait and see how the market responds.

Major Weekly Support Area: $52,000-$53,500

Resistance Area: $56,500-$57,000

Crypto VIP Signal

04 июля 2024 20:29

Tron founder Justin Sun has offered to purchase all Bitcoin held by the German government to minimize the impact on the market. This move is aimed at reducing selling pressure, and it will be interesting to see how BTC reacts.

Crypto VIP Signal

04 июля 2024 13:25

Here’s the Reason for $BTC's Recent Drop in Price:

🚨 BTC Liquidations

- Futures Trades: Futures trades betting on higher prices lost over $230 million in the past 24 hours.

- Liquidations: BTC and ETH-tracked futures saw over $60 million in long liquidations each, while products tracking DOGE, SOL, XRP, and Pepe coin (PEPE) recorded at least $4 million in losses.

🚨 BTC ETF Outflows

- Spot Bitcoin ETFs: U.S. spot bitcoin ETFs saw $20.45 million in net outflows yesterday. Nine funds, including BlackRock’s IBIT, had zero flows.

- Grayscale’s GBTC: Reported daily net outflows of $26.99 million, countered by $6.55 million in net inflows from Fidelity’s FBTC.

- Trading Volume: Recent trading volume of spot bitcoin ETFs is lower than in March when they saw daily volumes of around $8-10 billion. The ETFs have accumulated a total net inflow of $14.62 billion since their January inception.

🚨 Mt. Gox Repayments & Miners Sell-Offs

- Sell Pressure: Fears of sell pressure from Mt. Gox repayments and possible miner sales have also led to Bitcoin dropping below $59,000, with major tokens like ether and Solana's SOL also declining.

- Miner Sales: Miners are still being extremely underpaid, leading to increased selling of their tokens.

🚨 Germany’s Continued Sell-Offs

- Nation-State Holdings: Germany is one of the largest nation-state holders of Bitcoin.

- Government Sales: Over the past few weeks, the German government has transferred large amounts of BTC to exchanges, summing to over 2,700 BTC.

These factors collectively contributed to the recent drop in BTC's price. Stay informed and cautious in the current market conditions.

Crypto VIP Signal

04 июля 2024 09:29

🚀 Major Achievement

We're thrilled to announce that Crypto VIP Signal has been featured on Yahoo Finance as the best crypto Telegram channel! 🌟

This recognition highlights our success and dedication to providing top-notch crypto signals and educational content to our community. Thank you for your support!

Read More at Yahoo Finance: https://finance.yahoo.com/news/crypto-vip-signal-crowned-best-180000174.html

#CryptoVIPSignal

Crypto VIP Signal

03 июля 2024 20:10

TIA analysis:


Price is currently forming a large falling wedge pattern on the daily timeframe and is approaching the support trendline of the pattern. Consider entering a long position in TIA near the support level with a tight stop loss.

Support Area: $5.00-$5.35

Resistance Area: $7.00-$7.40

Crypto VIP Signal

03 июля 2024 14:08

The Mayer Multiple metric, which assesses the ratio between price and its 200-day moving average (200DMA), is an essential tool for evaluating market momentum. The 200DMA serves as a simple indicator to gauge bullish or bearish trends, with any breaks above or below this average marking key market pivot points. The 200DMA is currently at $58,000, aligning with on-chain price models.

Crypto VIP Signal

03 июля 2024 08:26

Bitcoin is experiencing a downward trend but is currently maintaining support. There is no need to panic as BTC is holding its support. Let's observe how the price behaves in the upcoming weeks.

Crypto VIP Signal

02 июля 2024 13:34

The altcoin market cap (TOTAL2) is gradually increasing as expected. Some altcoins are demonstrating strong performance as BTC continues its sideways movement. A rally in altcoins is imminent.

Crypto VIP Signal

02 июля 2024 08:16

Bitcoin is currently trading sideways, but we anticipate a move towards the $65,000 resistance area. The US market is displaying positive movement, and we expect a similar trend in BTC.

Crypto VIP Signal

01 июля 2024 16:23

📊 Bitcoin Spot Trade Market Share Update:

Over the past 12 months, Binance's share of all bitcoin exchange spot trades dropped from approximately 67% to closer to 30%. So, who captured the market share from Binance?

Here's the increase in market share of spot volumes over the past 12 months:

- Bybit: +20%
- Coinbase: +3%
- Rest of Market: +15%

The landscape is shifting!

Crypto VIP Signal

01 июля 2024 11:36

DOT retested the support area as expected and bounced from there. We hope that you accumulated some DOT at the support area. Hold the position as we may see a move towards the resistance area.

Resistance Area: $6.80-$6.95

Crypto VIP Signal

30 июня 2024 20:27

UNFI analysis:

The price is currently approaching the resistance area, so it's best to wait for a test of the resistance area to see how the price reacts.

Support Area: $3.94-$4.10

Resistance Area: $5.47-$5.85

Crypto VIP Signal

30 июня 2024 13:24

MATIC is approaching a major support area, and we might see some sideways movement/accumulation for a few days. If you missed out earlier, you can consider accumulating some now.

Crypto VIP Signal

29 июня 2024 19:45

OM ANALYSIS :

OM is ranging between the support and resistance area at $0.75 - $0.76 and $0.63 - $0.5 respectively. Right now, price going though a consolidation area, a breakout will need to decide the direction now, so eyes on break out.