#ENJ forming a small triangle pattern and now trying to break below the uptrend channel pattern. Well, market is somewhere bullish now, so this can turn into the fakeout. Also, there's a resistance line above, which can give the buy opportunity for buys towards the next resistance area.

In the run-up to Bitcoin's all-time high (ATH) on 14-March, there was a noticeable increase in speculative activity. Specifically, capital accumulation has been observed among short-term holders, with the USD wealth held withing coins moved within the last 6 months approaching $240B, near ATHs.

Here's the Analysis of #LPT :

#LPT moving nearby the Major Resistance Area of $21.50 - $22.15 and moving within the uptrend channel pattern. Currently, price testing the channel as support and expected a bounce from here, so you can plan the setup as target $26.00 or $27.20 area.

#BTC touched $70,000, gone a bit above, swept the liquidity and made a lower break. That's a clean trap move. Right now, price is about to test the trendline and a possible bounce can come. Otherwise, we've a support at $65,000.

More than $150M+ Liquidated with the $3,000 dump in #BTC.

The Long-Term Holders, especially those in the 2 to 3-year cohort, have shown a significant decline. Some coins matured into the 3 to 5-year age band, while others were sold for profit. This divestment, influenced by the approval of ETFs, peaked in February 2024 as the market rallied, just a month before BTC reached its $73k ATH. Historically, Long-Term Holders take profits during strong demand periods.

Here's the Analysis of #W :

#W is a recently got listed in Binance project and moving over the major support area of $0.52 - $0.54. The price looks in a huge consoldiation range and moving very correctively. Range trading looks good from here towards the resistance around $0.75 - $0.77.

#KEY continue the push after a good consolidation and high of $0.008717, which is 30.2% in profit. Secure more profits here.

#BTC didn't moved a lot and consolidating in Daily TF as candles printing side by side itself. Price tapped into the trendline and trying to rid of it. Price is not clear enough so better wait for the breakout of the range.

#GOLD UPDATE :

#GOLD broke below the support area and retraced back to the zone as resistance now. Price kinda formed a bear flag and expected to more dump is expected with session open. Daily TF looks bearish to this might play good till support around $2308.

The Spent Volume in Profit for LTHs, we can see that the cohort of BTC holders who have held for between 6 months and 2 years increased their divestment during the ATH rally. Clearly we can see what's happening on-chain data.

What Is the Scaling Problem?

The scaling problem refers to the limitations of a blockchain’s transaction throughput, which ultimately affect the speed and costs of transactions. The scaling problem is tied to how a decentralized network handles blocks of transactions, which depend on factors such as its block size and block time, which is the time it takes to create a new block. This problem became evident after users of Bitcoin, the first blockchain network, experienced delays in transaction settlements and increases in fees whenever usage of the network spikes.

In 2015, the Bitcoin blockchain limited its block size to one megabyte (MB), which was later increased to 2 MB. While the increase in block size slightly alleviated Bitcoin’s scaling problem, many developers cautioned against the types of changes that could potentially make the protocol centralized. This is because every transaction carries data, which means that more transactions also means more data per block, which would ultimately result in requiring miners to have massive disk spaces in order to store a copy of the full Bitcoin blockchain. The Bitcoin community ended up deciding against greatly increasing block size, as it traded decentralization for scalability, which was considered the wrong approach by many.

Therefore, solving the scaling problem has become an uphill task, taking years of time and effort. The scaling problem is exacerbated by the fact that scaling a blockchain network requires proper consensus and coordination between the different parties involved such as the developers, miners and community. However, months of moving back and forth between these groups can still end in disagreements. In such a case, the process may lead to a hard fork where one team activates the upgrade and branches off the main network.

While unscaled blockchains can stay as they are, they will face detrimental consequences like a continuous decrease of transaction speed and increase in costs, as well users leaving for a more scalable network. This has a ripple effect as a lack of users is likely to discourage developers, businesses, miners/stakers from moving forward.

$TWIF is set to launch on #DigiFinex at 10:00 UTC, June 3rd! Listing price will be $0.04, as per DigiFinex's official tweet🔥: https://x.com/digifinex/status/1795777359280525677?s=46

This means we are getting $TWIF at very cheap price currently. Grab it and be a early bird of this massive journey🚀

Tier1 exchange listing is also in pipeline as per their official tweet, which means this will surely skyrocket in the next few days.

PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

Uniswap buy link: https://app.uniswap.org/#/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

MEXC buy link : https://www.mexc.com/exchange/TWIF_USDT

Here's the Analysis of #ETHFI :

#ETHFI moving from levels to levels and currently, testing the strong support zone of $4.45 - $4.61 and market looks good for going buys from here. The structure looks bearish so, use lower risk at this point.