#CRB dropped 5%- 6% in favor twice and moved up with the market. Now its shifting the market structure, and need to see a closing above $0.285 or resistance(Upper range) for go in the long positions.
Читать полностью…Assessing unrealized losses provides crucial insight into the pressure that market investors are experiencing. We can then supplement this with an analysis of the volumes of profit and loss realized (locked-in) to better understand how these investors respond to this pressure.
Beginning with realized profit, we can see a drastic decline following the $73k ATH, indicating that most coins spent since then have locked in increasingly small profit volumes.
Notice of Removal of Spot Trading Pairs - 2024-09-20
https://www.binance.com/en/support/announcement/81a24cffdec94316a4c99a780cd1641f
Here;s the Analysis of #PIXEL :
#PIXEL is been moving within the very large channel pattern and formed a fresh support zone of $0.11 and moving in a consolidating range below resistance too $0.17. Price kept on dropping and approaching towards the listing price. Take the setups, after the breakout.
We can increase our confidence in this assessment by inspecting the subsets within the STH investor cohort. Presently, all age bands within the STH cohort are holding an unrealized loss, with their average cost basis as follows:
🔴 1d-1w: $59.0k
🟠 1w-1m: $59.9k
🔵 1m-3m: $63.6k
🟣 3m-6m: $65.2k
#Bitcoin trying to push towards the $60,000 level and already trading with the major resistance zone. A small consoldiation was created which broked successfully. Now, we need to see a Daily Candle closure over $60,000 and H4, closing will be the early indication.
Читать полностью…What's the Difference Between SVM and EVM (Ethereum Virtual Machine)?
1. By now you may be thinking - isn't this virtual machine concept similar to Ethereum's EVM? Perceptive observation! SVMs and EVMs serve comparable purposes, but there are some key distinctions.
2. The major one? Parallel processing capabilities. EVM employs a sequential design that can only process one transaction at a time. But as discussed earlier, SVM leverages Sealevel to enable simultaneous execution.
3. This means Solana can deliver vastly higher transaction volumes without getting congested. We're talking thousands of transactions per second!
#US30 UPDATE :
#US30 perfectly played with the drawn zone and strongly rejected the zone again approaching towards the All-Time Highs. Price flipped the resistance and now act as support and expected to move towards resistance, 41,600 area.
Here's the Analysis of #ALPACA :
#ALPACA is been made a very clear break of the Falling Wedge Pattern and move straight towards the Major Resistance Area of $0.30 - $0.31. Ex[Expecting a drop towards the next strong support area around $0.13 and need to see some sort of reversal candlestick pattern for buys.
The coin we are pumping tonight is: TWIF
https://www.mexc.com/exchange/TWIF_USDT
Buy and hold for massive profits🚀
2 hours left until the mega pump on MEXC! Things are looking great for us and we will definetly be expecting a very nice pump!
Here is a list of things you need to know before the pump:
- The faster you buy the more profit you will make, buying early is the most important factor that will determine your profits.
- If you are using market buy , using the 100% option won't work , instead use between 75% and below.
- The pump will be free for all and on MEXC, the signal will be given on all our telegram groups at the same time
#BTC moved perfectly with the plan, Price dipped slightly below the $60,000 and with that a Retest is done. #bitcoin gave a new Higher high with news, and expecting it to push further up towards $65,000 level as market looks clean.
Читать полностью…Here's the Analysis of #ZRO :
#ZRO forming a large triangle pattern and formed a fresh consolidation range. Nothing , much happening in this coin, just forming a support at $2.92 - $3.05, so in case of closing below, we can go for short-term shorting opportunity and long after the pattern break or resistance .
#CRV had its bearish break below and in a retracement phrase even market pumped. Now, we need to see some sort of rejection shorting opportunities towards the support zone at $0.22.
Читать полностью…#BTC gave a Daily candle close of the Major Level but still have the rejection from the previous swing point. Price exactly rejected the draw level and expected to reach out the support zone around $60,000 and slightly below before moving up.
Читать полностью…What Causes Congestion and High Fees on EVM Blockchains?
This single-threaded limitation is a huge contributor to congestion and high fees on EVM chains.
When transaction volume surges, EVM can't scale up. Everything must be processed sequentially by that single core. The backlog accumulates, and users fiercely bid up gas fees trying to cut in line.
However, SVM and its parallel architecture can utilize more cores to efficiently manage spikes in traffic. The extra throughput prevents congestion and keeps fees low.
SVM’s Localized Fee Markets vs EVM’s Global Fee Market
Alright, last technical comparison - transaction fees.
EVM employs one global fee market across the entire network. With only one lane, activity in one dApp can jam up an unrelated dApp.
But SVM supports localized fees for each transaction. So, an NFT trade won't affect prices for a DeFi swap.
This keeps network access fair and traffic moving smoothly. Plus, dApps can subsidize fees for their users if desired.
What Emerging SVM Rollup Solutions Are Expanding the Reach of SVM?
Let's shift gears and discuss SVM adoption.
Lately, developers started building rollup solutions using SVM. Rollups bundle transactions off-chain before settling on Layer 1s like Ethereum. These allow developers to deploy SVM contracts on other chains while retaining Solana-level speeds.
#GOLD UPDATE :
#GOLD moved perfectly, and hit the new #ATH yesterday. Analysis going perfectly and now in a minor retracements, today NY might come up with new All-Time Highs or a Deeper retracements to market structure points. Also, a small consolidation happening too, so breakout will lead out.
Here's the Analysis of #DUSK :
#DUSK rejected hard from the major resistance area of $0.23 - $0.24 and currently, given a close below of the Strong support zone of $0.19 - $0.20 and now expected to reach out the Next Major Support Zone of $0.144 - $0.149. Try getting in shorts with market sentiments.
The STH MVRV Ratio, which has collapsed below the breakeven value of 1.0. This metric trades at levels similar to Aug 2023 during the recovery rally after the FTX failure.
This tells us that the average new investor is holding an unrealized loss. Generally speaking, until the spot price reclaims the STH cost basis of $62.4k, there is an expectation for further market weakness.
#Bitcoin closed nearly a Engulfing on weekly TF, price touched the $60,000 and came rejection too. Price entered the Major Support Zone, and now holding too. Nearly a last structural support area, and high chances of the bounce from here.
Читать полностью…#TWIF/USDT Mega Signal Recap 🚀
With 140k USDT in volume and a peak of 2840%, our recent pump didn’t fully meet expectations, and for that, we sincerely apologize to our community. We achieved a 30X profit peak, a solid result, but not the high standard we strive for.
It appears many trading bots were triggered during the first wave, leading to a faster-than-expected price dump. However, our whales stepped in and absorbed much of the selling pressure, keeping the market stable.
Congrats to those who acted swiftly—many secured significant profits within the second-minute candle!
Looking ahead, we’ve learned valuable lessons and are confident we’ll be able to counter bots in future pumps. Get ready—our next Mega Pump will be the biggest yet!
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.
If we take the ratio between total Unrealized Profit and Unrealized Loss, we can see that profits remain 6x larger than losses, supporting the above observation. Around 20% of trading days have seen this ratio above the current value, underscoring the surprisingly robust financial position of the average investor.
Читать полностью…