#LDO continues it ways and made a high of $3.3 which is 24.6% in profits. Now the Head and Shoulder Patterns becomes invalid and can be expected towards the next Resistance around $3.5 to $3.8 and continuation buys can come from $3.2 and lower.

Leading up to the approval of spot #ETFs in January, speculation surged, leading Long-Term Holders (#LTH) to either cash out for profit or reallocate their holdings into new #ETF products. This resulted in a significant decrease in LTH supply balance by approximately 299.5K #BTC since November, from a peak of 14.996M BTC. Notably, analysis of #GBTC flows, with around 661k BTC inflow and 151.5K #BTC outflows in 2021, suggests that remaining #LTH supply, totaling 148K #BTC, is being spent by investors. This trend aligns with previous research indicating LTHs begin distributing their holdings as the market approaches all-time high prices.

What Is a Mercenary Capital?

Mercenary capital refers to capital provided by investors seeking short-term gains through opportunistic participation in incentive programs offered by platforms. Typically, these investors withdraw their capital once they locate more lucrative programs or when rewards diminish below their expectations.

To attract smaller investors, many Automated Market Maker (AMM) platforms run growth hacking initiatives like liquidity mining and yield farming. These programs offer additional rewards, often in the form of governance or native tokens, to liquidity providers (LPs) who stake or lock in their LP tokens. While historically effective in attracting investors, these programs also expose platforms to mercenary capital risks, especially if they offer excessive short-term rewards that favor opportunists over community members and long-term investors.

Factors like limited time periods or temporary bonuses in these programs can exacerbate the negative impact of mercenary capital. When the program concludes, the withdrawal of capital by mercenary providers leads to increased short-term selling pressure, causing significant price drops in reward tokens and potentially triggering panic selling by other investors.

Although this challenge is inevitable for platforms employing growth hacking programs, it can hinder long-term platform development. Mitigating mercenary capital requires a combination of sound tokenomics, quality products, and robust community trust, along with potential measures like longer lock-in staking periods for enhanced rewards.

Here's the Analysis of #MINA :

#MINA is been already reacted from the Weekly Resistance Zone of $1.63 - $1.67 and currently, price rejected from the resistance area around $1.52 - $1.55. With that upmove, price respecting the trendline. Right now, its better to wait for the price to break the resistance, sells are low probable as of now.

#BTC kept on rejecting from the $52,000 and stared ranging back and forth. Daily TF, kept getting rejected and its a thirds attempt to break through. H4 TF, kept gone making the stop hunt to the both side, so a clear direction will be after a breakout of the zone, so have an eye on it,

#TOTAL2 (Altcoin MarketCap) Update :

#TOTAL2 made with way after the candle closure. Index goes as predicted, it gave a breakout of the resistance, ended up made a alts rally. All Strcutural Resistance broken and next major resistance is right above coming $940B - $956B. Still, there's a room to play but its better to book profits in running trades as #BTC is at crucial level.

As the market rises, most #BTC is now profitable, with only 13% acquired above $48k and held at a loss. The chart shows that 87% were acquired below $48k, with a large Short-Term Holder cluster at $40k-$45k. Long-Term Holders dominate the 13% in loss, reflecting their activity during 2021's 141 trading days.

What is MetaMask?

MetaMask is a cryptocurrency wallet that operates as a plug-in for standard internet browsers such as Chrome and Firefox.
It allows users to manage, transfer and receive Ethereum and ERC-20 tokens — without the need to download the whole blockchain in the process.
As well as allowing digital coins to be stored, MetaMask also enables users to interact with smart contracts and decentralized applications without using a full Ethereum node.
The cryptocurrency wallet was created in 2016 by ConsenSys, a Brooklyn-based blockchain software company focusing on Ethereum-related tools and infrastructure.

Hot wallets — or web-based wallets — are often considered insecure, with phishing attacks being the main risk for users. These scams are used by hackers to steal sensitive information such as passwords and usernames.
The software uses HD backup settings and relies on a team of developers that regularly update its open source code.
A HD wallet, or hierarchical deterministic wallet, is a next-generation digital wallet that automatically generates a hierarchical tree-like structure of private and/or public addresses. This takes the issue away from the user, as otherwise the key would have to be generated externally.

One of MetaMask’s key features is the use of a 12-word phrase that has to be kept safe or to remembered by the user, as it will be required in the event of forgetting a password.

Due to its success in the cryptocurrency community, the lack of an official mobile website for several years led to malicious actors to develop phishing software that posed as MetaMask’s mobile app.

Here's the Analysis of #FET :

#FET is been moving back an forth between the major resistance and major support zone of $0.71 - $0.75 and $0.56 - $0.60. Its a pretty good range for 15% - 20%, so you can have a range trade. Best setups will come after the breakout, either side and the most probable one will the resistance break as market is bullish.

#BITCOIN DAILY TF UPDATE :

#BITCOIN made its way of the breakout and straightaway moved into the Strong Resistance Zone of $52,650 - $52,450. Price discovered a new range to moving within and a pullback is expected with this range, at some sort of support. More things will be cleared out on Weekly Closings, so have an eye on it.

#MINA gave a break below the zone uptrend line and reached the support zone (Grey Box) around $1.32 - $1.35. Now, we can have an eye on the Daily Closings, either it rejects or break below of the zone. Price is very corrective to move lower, so expecting a bounce from here.

We can see that the total volume of #LTH Supply held in loss is currently 777.8K #BTC, and is trending towards the zero bound as prices rise. Just 6.5% of the aggregate #LTH supply is therefore held in loss.

Previous instances where the LTH cohort held a similar coin volume in loss corresponds with early bull market conditions (with 2019 as an arguable outlier).

What Is a Metatransaction?

A metatransaction is like having a helper who carries out a task for you. In this case, it's executing a transaction that someone else has signed on your behalf. Instead of you needing to send this transaction to the public blockchain, the helper does it for you. So, metatransactions simplify things and save you the cost of using gas on public blockchains. All you have to do is sign the transaction with a click.

Usually, when you make a transaction on a public ledger, you sign it yourself, and it goes into a waiting area called the mempool. Miners then include your signed transaction in the next block. During this process, you're the one paying the gas fees, which can be a hassle. Plus, you usually have to pay these fees using the native token of the blockchain, even if you're using a decentralized app (dApp) with its own token.

Metatransactions change this by allowing dApps to handle the gas fees and token payments for you. Instead of you paying the fees, the dApp or another third party does it for you. For instance, a dApp developer might cover the gas fees to attract more users. They can also decide whether users need to use their own token to pay for gas or if they'll cover the costs entirely. In either case, they use metatransactions to manage the transaction on the blockchain and pay the necessary fees. All you need to do is sign the transaction, and you might not have to pay any gas fees at all.

The main advantage of metatransactions is that they make using blockchain applications much easier for users. They shift the burden of dealing with gas fees and transactions from the users to the developers or infrastructure behind the scenes.

Here's the Analysis of #VET :

#VET is been heavily pump 2x within the few days and on a retest back t the support zone of $0.043 - $0.044. Currently, price is middle of nowhere, and have to wait for the price to either break below of the zone or made a strong rejection from the support. Setup will be taken into account after the break of structure in LTF(Lower Timeframe).

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN made its Weekly closing above and made all its way towards the Resistance area around $52,000. Now, price is kinda rejecting it but still overall a bullish structure. Retracement might come within this zone, but a new weekly candle closing is required to close above the $52,000, which will open the room for $60,000 level.

#FET made a breakout over the major resistance area, now turned it into major support now. A pullback is expected for potential buy setups and anticipate the move towards the Resistance area of $0.931 - $0.95., Incase price directly move towards the resistance then we will have to wait for the next breakout.

For the Short-Term Holder (STH) cohort, the 'sell-the-news' correction after the ETFs launched has resulted in a healthy reset of several metrics.

First, we can see that the percent of STH supply in profit fell from its peak at ~100%, to retest its all-time-average of 57.5%. This means that almost half of all STH supply experienced prices falling below their acquisition price, making for a healthy correction. Historically, this tends to correlate with local lows being established when the market is within a macro scale uptrend.