Cryptosport

@cryptosport

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ETH In good accumulation. The asset is extremely weak now, I don't even remember such a thing and is on the verge of falling to $1500. I quite admit this scenario and do not see anything critical in it, but I advise you to put immediately a limit in the area of $1550 to buy. If we get this price in 2025 - consider it a gift, as most likely it will not happen and the asset will continue the current accumulation with a potential exit to 4000$, but whether it will be able to go higher and update ATH is extremely difficult to say. At the moment I think ETH is still one of the strongest assets on the market. We continue to keep an eye on it.

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BTC Shows weak dynamics As I supposed, the asset got into the trading in the range of $78,000 - $85,000, which can be very long + the weekend is ahead, during which we are unlikely to get out of this area. Locally, I am waiting for a squeeze to the upper boundary with a subsequent rebound, as now it is unlikely to exit to either side. BTC dominance is declining, the indicator is at 61.71%, but it does not change anything, alta is still suffering, and we are unlikely to see a full-fledged unloading of dominance in the near future.

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Is it worth selling crypto? There's no alt season? Could crypto be a scam? The fear index is at extremes right now, and these are the kinds of statements we should expect at this level. At the same time, the same people during the market euphoria will write this: Should we buy coins now? Crypto is now going to grow steadily. Bitcoin is going for a million dollars. I'm going to get rich off alts. The crowd always acts the opposite of what needs to be done. At this point, the worst thing to do is sell coins. But that's the worst thing I'm getting mass-mailed about. What is important now is that we took a position in coins before the alt season started and now we just need to hold that position, plus we can buy coins. JUST WAITING AND HOLDING COINS IS THE HARDEST PART FOR MANY PEOPLE. Funds and whales are not selling coins, but on the contrary only increased purchases of the same etherium.

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BTC/USD. Three arguments The decline is over, I will share my observations. We got a powerful lunge at 96100$, and consequently a clear longing target for the near future. On the price chart we see a long-tailed doji, a clear bullish candlestick pattern. Record low RSI on 1D, the last time it reached such values in August 2023. Bitcoin is powerfully oversold. I want to make a simple conclusion - a bounce to 96100$ is the most probable scenario now. Whether it will be V-shaped or W-shaped is hard to say yet. The nearest support in case of further decline is the mirror level of 73K$.

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The first Solana ETFs are registered with DTCC (Depository Trust & Clearing Corporation) - an important step towards the approval of Solana ETFs in the US

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AVAX Looking to short. The asset still has a correction potential of about 15% - 20%, and there is practically no buyer activity. The breakdown of the moving MA50 is very likely to be false and we will soon return below it. Trading volumes are extremely low, so I am inclined to continue the decline and wait for a squeeze to the $20 level. Targets: $23.555-$22.105-$20.040. Stop: $27.545

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You know that cryptocurrencies are traditionally traded in pairs to the dollar (albeit via stablecoins). Thus, the cheaper the dollar on the currency market, the more expensive the second asset in the pair should be, even if its "universal value" stands still. Therefore, we can say that crypto remains in the same sidewall, just the price is rising slightly to match its USD denomination. And this, by the way, is another sign of high inflation in the US.

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The market always gives a chance, but not always to those who look for it. A trader who chases the movement is always late. The one who patiently waits for the moment is where he needs to be and at the right time. You can enter every move, hoping that at least one of them will turn out to be right. Or you can use only the best opportunities and increase your deposit.

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What is important for bitcoin is that the probability of the scenario on the chart is growing strongly. Collecting stops on longs at ~$88000 and a sharp rush upwards is an excellent control shot at those who still believed in growth and held positions from the last strength. The most important thing here is not to stay there for a long time, otherwise a heavy bearish scenario will be activated.

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The zone of fear and despondency. Here we are again - the fear index in the fear zone. What characterizes these periods besides soybean exits into the window of falling hopes and minus sales? Usually it doesn't last long, about 7-14 days, after which the market turns around and everything is forgotten in a week. This is a great opportunity for us to strengthen positions or open them if they are not open yet.

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I can't say anything fundamentally new about the market. We are waiting for a small wave of decline in alts - and it is gradually being realized (by the example of ADA). For VTS, I expect a sideways trend with the potential to update the local minimum (somewhere under $89000). VTS dominance has been in space for a day and even manages to grow further. It seems that the alt-season will never come. But this is a good sign, most people think so and start selling their bags of coins in deep minus.

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Many processes in crypto are slower than we would like them to be. The market can wear investors down or sideways for many months. And only with strong stamina and iron patience you can wait for the rapid growth and culmination of this cycle. And the main thing - do not play with futures! If you keep coins on the spot, you will survive any shocks on the market.

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What about the market? I would advise to wait with opening positions. Then, of course, there may be a FOMO ("I wanted to open a short/long here"), but at the moment the situation is as uncertain as possible. And it is better to assume that you will open a position in one direction or another, and at night Trump will throw you news with the opposite vector. Now. there is no fundamental guidance. And according to TA, we are just in the resistance zones for most assets (we even went lower while the text was being written). Therefore, it is irrational to long here. It's better to rest from the market. He's not going anywhere.

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Making money on the market is a real art. It requires a lot of precise settings: in the trading system, in psychology, in the amount of capital and willingness to take risks. Respect to everyone who really succeeds ❤️

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Everything further depends on your faith in growth. If you believe, then just don't worry about the size of corrections and wait for growth. If you don't believe, what are you doing here?

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Most likely, we have entered the stage of reacting to Trump's statements. Now the market will live and reflect the actions of the new president: if we get positive news, we grow until we get negative or neutral news and vice versa. Let's raise our shields, this year we will be rocked very hard

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Let's decide who will be at the cash register and who will be at the fries just in case. Surprisingly alta looks better than bitcoin, ether to bitcoin is doing well.

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Thanks to Forbes, we now know the headliner for the next bear. Thanks, we had a hunch without you. But not yet.

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IS A LOT OF WORK A GOOD THING? And a packed schedule ? I work about a full day, but no wear and tear. Because after working hard, horror happens. Use your head, work hard. But at your own pace. And don't overwork yourself

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