m0nkey
@shadym0nkey
106 Following
53 Followers
Reason for the Recent Bitcoin Dump ๐
A few days ago, $BTC was nearing the key psychological mark of $100k, but it got knocked down by a 5% drop.
One technical analyst on Twitter linked this dip to profit-taking from holders who bought $BTC around $50-60k, which is a natural market reaction ๐.
Interestingly, MicroStrategy (Michael Saylor) and the Spot BTC ETF absorbed nearly 90% of the sell pressure ๐.
What's also telling is that long-term holders are continuing to hold their Bitcoin, indicating that this bull run isnโt over yet ๐.
Another key point: Despite Bitcoinโs drop of $5-6k, altcoins are holding strong, signaling the start of the altseason ๐.
1. Approaching key ATH (now $100k, previously $40k).
2. Slight $BTC dominance decrease.
3. Bitcoin correction (weโre here).
4. Fast dominance drop, and then altseason begins.
The wait isnโt long now, and those who remain patient will be rewarded ๐. 0 reply
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Terminal: Recouped Investment + New Mechanics ๐ค๐ฎ
About two weeks ago, we shared a post about the Terminal project. At that time, we bought two mods for experimentation to see how much we could earn and whether it would be profitable. ๐ฐ
Results:
- We recouped our investment of 612 $TON and earned an extra 10 $TON, plus we got some $TRMNL tokens. ๐๐
How to get a mod:
1. Go to the app through the link. ๐ฒ
2. Click on โEarnโ and buy a mod. ๐ต
3. Then, every 12 hours, click on the main screen to collect your $TON and tokens. โณ๐
New Coin Flip Activity:
A few days ago, the project added a new activity called Coin Flip. Itโs a small gamble where you guess heads or tails. ๐ช
- If you guess right, you earn extra rewards on top of your deposit. ๐ธ
- If you guess wrong, your stake is lost. ๐
In general, the project has proven to be profitable so far, but keep in mind, weโve already recouped our investment. So those joining after us will be taking on more risk. โ ๏ธ๐ก 0 reply
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hello ๐
Interesting point of view! ๐ค Indeed, the situation with SCR, STRK, and ZK might suggest that investors are overly reliant on relative valuations.
When one asset is undervalued compared to another, it can spark short-term interest, but if thereโs a general lack of trust in these projects or they don't provide enough value, that won't solve the core issue. In the end, if investors donโt have confidence or understanding of why they should invest in these tokens, they wonโt, even if someone considers them undervalued.
So, perhaps it's worth focusing not just on relative valuations but also on fundamental indicators like technology usage, ecosystem development, and team activity. This could provide a clearer understanding of why assets move in one direction or another. ๐๐ก 0 reply
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