The TOTAL cryptocurrency market cap is currently trading above a key level, indicating a potential bounce towards the resistance area. A strong rally in all coins is anticipated.
Читать полностью…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.
Binance Futures
#UNI/USDT Take-Profit target 4 ✅
Profit: 234.3166% 📈
Period: 2 Months 26 Days 6 Hours 51 Minutes ⏰
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
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#PENDLE/USDT All take-profit targets achieved 😎
Profit: 86.6802% 📈
Period: 8 Days 2 Hours 5 Minutes ⏰
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
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.
Читать полностью…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.
Читать полностью…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
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#PENDLE/USDT Take-Profit target 4 ✅
Profit: 62.511% 📈
Period: 6 Days 18 Hours 18 Minutes ⏰
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
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
#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! 🔥
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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
Bitcoin experienced a sudden drop below the support area to trigger stop losses. The price quickly bounced back from that point and is now trading above the $60,000 level. This week is crucial, and it is necessary for the weekly candle to close above $60,000 to maintain a bullish outlook.
Читать полностью…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
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.
Читать полностью…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.
Читать полностью…Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#PENDLE/USDT Take-Profit target 5 ✅
Profit: 74.011% 📈
Period: 8 Days 1 Hours 29 Minutes ⏰
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.
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.
Читать полностью…And you can also automatically subscribe at a higher speed from the robot below👇✅
1 month = 66$
3 month = 99$
1 year = 199$
For ever = 297$
Buy as soon as possible👇❤️
@Buy_vip_signal_bot
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.
Читать полностью…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.
Читать полностью…Buying #FIDA now🚀
Accumulation is in full swing, and the pump is inevitable.
This one's set to explode🫡
#FIDA/USDT here is gearing up for the big jump from horizontal support 🚀
Buy on MEXC: /exchange/FIDA_USDT
Buy on Binance: /en/trade/FIDA_USDT
Short term targets: 10%-30%-50%
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.
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.
Читать полностью…