Crypto VIP Signal

10 октября 2024 20:54

Educational Post

What is Wash Trading?

Simply put, wash trading refers to the practice of buying and selling the same financial instruments to create a false representation of market activity. This seemingly deceptive tactic can have consequences for market integrity and fairness.

In other words, wash trading involves an individual or entity acting as both the buyer and the seller in a trade, creating an illusion of genuine market activity. In most cases, the goal is not to derive profit from the trade itself but to manipulate market perceptions, such as boosting trading volume or influencing price trends. This practice is considered unethical and, in many jurisdictions, illegal.

How Wash Trading Works

In a typical wash trade scenario, an individual or entity places buy and sell orders for the same financial instrument. The intent is to deceive other market participants into believing that there is significant trading activity when, in reality, there is no change in asset ownership. Automated trading algorithms or trading bots can be programmed to carry out wash trades, amplifying the frequency and impact of this activity.

Consequences of Wash Trading

Wash trading can have several negative effects on financial markets. Firstly, it can distort market data by creating artificial trading volumes, making it challenging for traders and investors to accurately assess market conditions. Additionally, it can lead to false signals and misinformed decision-making, as traders may interpret the inflated activity as genuine market interest. This manipulation can undermine the fairness and efficiency of the market, eroding trust among participants.

Crypto VIP Signal

10 октября 2024 16:36

Institutional demand for regulated Bitcoin exposure is surging. U.S. spot ETFs now manage assets worth $58 billion, representing around 4.6% of the total circulating Bitcoin supply. BlackRock, Fidelity, and Grayscale lead the charge as the largest spot Bitcoin ETFs. Based on their holdings, the estimated average acquisition cost for Bitcoin across these ETFs is between $54,900 and $59,100. This highlights the growing confidence and strong inflows from major players in the market.

Crypto VIP Signal

10 октября 2024 08:36

Bitcoin broke the support trendline, causing a price drop. It then tested a major support area and rebounded. There might be sideways movement for 2-3 days.

Crypto VIP Signal

09 октября 2024 15:21

Educational Post

What Are Funding Fees?

Funding fees are payments made between traders holding long (buy) or short (sell) positions in perpetual futures markets. The value of the payment depends on the funding rate, which is based on the difference between the futures price and the asset's spot price.

If the funding rate is positive, traders holding long positions pay a fee to short traders. If the rate is negative, the opposite occurs, with short positions paying long positions. This mechanism helps maintain stability and prevent significant price divergence between futures and spot markets.

How Do Funding Fees Work?

Funding fees are defined by funding rates, which are driven by two factors: the interest rate and the premium index (the difference between the contract and the spot price).

Positive funding rate: If the contract price is higher than the spot price, the funding rate will be positive, meaning longs pay funding fees to shorts.

Negative funding rate: If the contract price is below the spot price, shorts pay the longs. This helps push the price back up to match the spot.

Why Do Funding Rates Matter?

Funding rates are important for a few reasons:

Price control: They help prevent the perpetual futures price from drifting too far from the spot price, maintaining balance in the market.

Market sentiment: A positive funding rate suggests a bullish market, while a negative rate indicates bearish sentiment. In short, it shows which side (buyers or sellers) is more dominant.

Trading costs: For traders, these rates can increase or reduce costs. For example, holding a long position in a highly bullish market might mean paying a significant fee.

How Are Funding Rates Calculated?

Each exchange calculates funding rates slightly differently, but they generally use the interest rate and the premium index. Typically, these rates are updated periodically (e.g., every 8 hours). Traders can check the current and predicted funding rates to plan their trades and avoid unexpected fees.

Crypto VIP Signal

09 октября 2024 10:09

The price retested the support area and instantly bounced from there. Binance announced that it will support the next airdrop for CHZ holders, and we may see a continuation of the upward movement in the coming days. The long position printed a peak profit of more than 11%, and you can hold the position with a trailing stop loss.

Crypto VIP Signal

08 октября 2024 20:31

KLAY analysis:

Price is currently trading within a large triangle pattern, and there is a possibility of a breakout in the coming days. Consider accumulating some KLAY at the support area with a tight stop loss. A breakout above this triangle could lead to a significant rally.

Support Area: $0.115-$0.122

Resistance Area: $0.15-$0.154

Crypto VIP Signal

08 октября 2024 10:26

CHZ broke through the resistance area on the second attempt and is now retesting it. You can consider opening a small long position at the retest with a tight stop loss. We may see a bounce from here.

Support Area: $0.0638-$0.0652

Resistance Area: $0.0837-$0.0854

Crypto VIP Signal

07 октября 2024 20:22

BAKE analysis:

Price is currently within the support and resistance area. It is advisable to wait for a clear breakout above the resistance area or a test of the support area for new entries as this is a no-trade zone.

Support Area: $0.219-$0.227

Resistance Area: $0.258-$0.27

Crypto VIP Signal

07 октября 2024 19:36

#FIDA is ready to explode! 🚀

It’s on very strong weekly support in #BTC pair

We’ve seen 20-30% jump from this range ✍🏻

Don’t sleep on it! 🔥

Crypto VIP Signal

07 октября 2024 14:39

Historically, Bitcoin bull markets peak between 518-546 days after a halving event. However, this cycle is showing signs of accelerating by roughly 100 days. This hints at a potential peak around mid-May to mid-June 2025.

The accelerated timeline could bring more excitement and opportunities for investors.

Crypto VIP Signal

07 октября 2024 07:56

Bitcoin began the week positively and is now approaching the resistance area. Let's see if BTC can break the $65,000 level this week.

Crypto VIP Signal

06 октября 2024 15:14

Here’s an overview of all US Bitcoin spot ETFs:

The overall trend remains bullish as BlackRock continues to accumulate Bitcoin, showing strong confidence in the market. Additionally, the selling pressure from Grayscale has significantly reduced, indicating a more stable environment.

All signs point to positive times ahead for Bitcoin as institutional interest continues to grow.

Crypto VIP Signal

06 октября 2024 07:11

Nothing has changed in the market yet, and Bitcoin is moving sideways. We might see some action on Monday when the global markets open.

Crypto VIP Signal

05 октября 2024 14:31

U.S. Spot ETFs now hold 4.6% of the total Bitcoin supply, amounting to a value of $58B. The recent increase in balances includes Grayscale's Bitcoin Mini Trust holdings, underscoring strong institutional demand for regulated Bitcoin exposure. This trend highlights the growing influence of institutional players in the crypto space.

Crypto VIP Signal

05 октября 2024 10:51

XAI is experiencing a significant increase after testing the support area. The long position is now up by more than 21%. Consider taking some profit or maintaining the position with a trailing stop loss.

Resistance Area: $0.243-$0.258

Crypto VIP Signal

10 октября 2024 19:59

ADA analysis:

Price is currently testing the support of the uptrend line. A rebound is expected, so consider opening a small long position with a tight stop loss. We might see a move toward the resistance area in the upcoming days.

Support Area: $0.334-$0.338

Resistance Area: $0.40-$0.417

Crypto VIP Signal

10 октября 2024 12:12

IOTA is currently retesting the support area, providing an opportunity to open a long position with a tight stop loss. A potential bounce towards the resistance area could follow.

Support Area: $0.113-$0.117

Resistance Area: $0.152-$0.156

Crypto VIP Signal

09 октября 2024 20:16

MEME analysis:

Price is currently trading within the support and resistance area. Consider accumulating some MEME near the support level.

Support Area: $0.0081-$0.0086

Resistance Area: $0.0127-$0.0135

Crypto VIP Signal

09 октября 2024 13:16

A particularly interesting cohort to watch for near-term price action is the Short-Term Holder (STH) group, often representing new market demand. Recently, the spot price has surged above and reclaimed the critical cost-basis of $62.5k for this cohort. This signals a relatively constructive and bullish market sentiment.

Crypto VIP Signal

09 октября 2024 08:23

Bitcoin is currently finding support at the uptrend line, and we may see a move towards the resistance area. The market conditions remain unchanged, with support and resistance levels staying the same.

Crypto VIP Signal

08 октября 2024 14:29

CKB is currently retesting the support area, and it is a good time to place buy orders in this zone. The support and resistance areas remain unchanged.

Crypto VIP Signal

08 октября 2024 07:49

Bitcoin tested the resistance area and experienced a sharp rejection. Sellers are active in the zone. Another attempt at the resistance area is expected, and we will observe how the price reacts.

Crypto VIP Signal

07 октября 2024 19:41

Buying #FIDA now🚀

Accumulation is in full swing, and the pump is inevitable.

This one's set to explode🫡

Crypto VIP Signal

07 октября 2024 19:34

#FIDA/USDT here is gearing up for the big jump from horizontal support 🚀

Buy on MEXC: https://www.mexc.com/exchange/FIDA_USDT

Buy on Binance: https://www.binance.com/en/trade/FIDA_USDT

Short term targets: 10%-30%-50%

Crypto VIP Signal

07 октября 2024 11:22

The TOTAL2 (altcoin marketcap) was rejected from the resistance area in the first attempt. We may see another test of the resistance area. A break above this area will trigger a good rally in altcoins.

Resistance Area: $925-$960 Billion

Crypto VIP Signal

06 октября 2024 20:06

IOTA analysis:

Price tested the support area and bounced from there. You can place your buy orders in the support area and wait. We may see a test of the support area again before the next move.

Support Area: $0.113-$0.117

Resistance Area: $0.152-$0.156

Crypto VIP Signal

06 октября 2024 11:47

CHZ is retesting the area and was rejected in the first attempt. The price is now approaching the level again, and we'll see how it reacts this time. If there's another rejection, the price will likely move towards the support area. It's better to stay away from CHZ for now.

Crypto VIP Signal

05 октября 2024 20:19

CKB analysis:

Price touched the support area and bounced from there. Consider opening long positions if the price drops to the support area.

Support Area: $0.015-$0.0158

Resistance Area: $0.0191-$0.0205

Crypto VIP Signal

05 октября 2024 13:24

The ACA position was stopped out, highlighting the importance of always using a stop loss. Additionally, the price broke the triangle pattern, indicating a bearish trend. It's advisable to avoid ACA for now, as we may see further declines in the coming days.

Crypto VIP Signal

05 октября 2024 07:45

Bitcoin has rebounded from the support area as expected. There may be a move towards the $64,500-$65,500 resistance area in the coming days. It seems like the dump is over, and we may see a continuation of the upward movement.