#BTC still maintained the bullish scenario and in LTF price going making lower low, still price can go further lower.

#TOTAL MARKETCAP UPDATE :

#TOTAL MARKETCAP making continuous flipping over the resistance area and goes into the consoldiation range. Index took out liquidity both side and attempting to break.

This underscores the an equilibrium being established between supply and demand over the past 3-months. We can also see that realized losses have not ticked meaningfully higher thus far, suggesting limited panic, despite the market correcting over -25% from the highs.

What Is Secure Multi-Party Computation ?

Secure Multi-Party Computation (sMPC) is a powerful cryptographic concept that enables multiple parties to jointly compute a function over their inputs while keeping those inputs private. This technology has significant implications for blockchain and beyond. Let's delve deeper into sMPC, its applications, and its importance in the blockchain ecosystem.

Key Concepts of sMPC:

1. Privacy Preservation: The fundamental principle of sMPC is that it allows computation on data without revealing the data itself to any party involved in the computation.

2. Distributed Computation: The computation is split across multiple parties, with each party performing a portion of the calculation.

3. Input Privacy: Each party's input remains hidden from other parties throughout the computation process.

4. Output Integrity: The final result of the computation is guaranteed to be correct, assuming the protocol is followed correctly.

How sMPC Works:

1. Secret Sharing: The input data is divided into "shares" and distributed among participants.
2. Computation on Shares: Parties perform calculations on these shares without reconstructing the original data.
3. Result Aggregation: The final result is assembled from the individual computations.

Applications in Blockchain:

1. Private Smart Contracts: sMPC allows for the execution of smart contracts without revealing sensitive data to the blockchain network.

2. Decentralized Exchanges (DEXs): It can enable price discovery and order matching without exposing individual trade information.

3. Voting Systems: sMPC can be used to create secure and private voting mechanisms on blockchain platforms.

4. Privacy-Preserving Analytics: Blockchain data can be analyzed without compromising individual transaction privacy.

5. Cross-Chain Interoperability: sMPC can facilitate secure communication and transactions between different blockchain networks.

Beyond Blockchain:

1. Financial Services: Banks can collaborate on fraud detection without sharing customer data.

2. Healthcare: Medical researchers can analyze patient data across institutions while maintaining patient privacy.

3. Supply Chain Management: Companies can optimize logistics without revealing sensitive business information.

4. Government Services: Agencies can share and analyze data while adhering to privacy regulations.

Challenges and Considerations:

1. Computational Overhead: sMPC protocols can be computationally intensive, potentially impacting performance.

2. Network Requirements: They often require significant communication between parties, which can be a bottleneck.

3. Trust Assumptions: While sMPC provides strong privacy guarantees, it still relies on certain trust assumptions about the participants.

4. Implementation Complexity: Designing and implementing secure sMPC protocols is challenging and requires expertise.

Future Developments:

1. Efficiency Improvements: Research is ongoing to make sMPC more efficient and practical for real-world applications.

2. Integration with Other Technologies: Combining sMPC with other privacy-enhancing technologies like zero-knowledge proofs could lead to even more powerful privacy solutions.

3. Standardization: As sMPC becomes more widely adopted, we may see efforts to standardize protocols and best practices.

Here's the Analysis of #SNX :

#SNX is been stuck on a large consoldiation range between the Major Support area and Major Resistance Area of $1.43 - $1.48 and $1.85 - $1.91 Respectively. Price doesn't looks promising and need to see a breakout either side.

#BTC pushed further lower as mentioned and getting support from the trendline. Nothing still as of now, need to wait for the further price action to develop.

#RENDER just dropped liked nothing and reacted from the support area eventually get broken. Price retested and dropped again around 7% in favor.

Realized profit/loss indicates demand. Data shows strong demand during the rally to ATH, followed by consolidation. The past 3 months reveal a supply-demand equilibrium. Despite a 25%+ correction from highs, realized losses haven't significantly increased, suggesting limited panic selling.

What Is the Semantic Web?

The Semantic Web is the vision about an extension of the existing World Wide Web which provides software programs with machine-interpretable metadata of published information as well as data. The Semantic Web would essentially add further data descriptors to otherwise existing content and data on the web, and as a result, computers would be able to make meaningful interpretations, similar to the way we as humans process information in order to achieve our goals.

The ambition of the Semantic Web is to enable computers to manipulate information on our behalf.

The Semantic Web idea was created by Tim Berners-Lee, who explains that the word "schematic" indicates machine-processability or what a machine is able to do with the data.

As such, the Semantic Web can be seen as a knowledge graph formed by combining connected, linked data with intelligent content in order to facilitate machine understanding as well as the processing of content, metadata as well as other information objects at scale.

The Semantic Web will lead to smarter, effortless customer experiences by giving the content the ability to understand as well as present itself in the most useful forms which are matched to a customer's specific needs. Semantic Web standards have the potential to unlock a crucial evolution in regards to the web towards intelligence which will allow the content we post online to be presented in a way that can be understood, connected and combined by machines.

Here's the Analysis of #DODO :

#DODO moving within the large channel pattern and got it strong rejection from the major resistance area of $0.139 - $0.141. Currently price testing the support from the trendline and market is strongly bearish at the moment, so we kinda expect a break below here.

🚀 Big News from #BCCOIN

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All About Day Trading

Day trading is a popular trading strategy in the markets where traders aim to profit from short-term price movements within a single trading day. It involves buying and selling financial instruments, such as stocks, currencies, commodities, or cryptocurrencies, within the same trading day, with the goal of capitalizing on price volatility.

Here are some key aspects of day trading:

1. Short-Term Trading: Day traders open and close positions within the same trading day, and they rarely hold positions overnight. This approach is in contrast to swing trading or long-term investing.

2. Capital Requirements: Day traders typically need sufficient capital to trade comfortably, as they aim to take advantage of small price movements. This means having enough funds to cover potential losses and meet margin requirements.

3. Technical Analysis: Day traders often rely on technical analysis to make trading decisions. They use charts, indicators, and patterns to identify potential entry and exit points.

4. Volatility: Day traders seek out assets that exhibit significant price volatility, as these fluctuations provide opportunities for quick profits. Highly liquid assets are also preferred to ensure smooth order execution.

5. Risk Management: Effective risk management is crucial for day traders. This includes setting stop-loss orders to limit potential losses and using proper position sizing.

6. Trading Strategies: Day traders employ various trading strategies, such as scalping, momentum trading, breakout trading, and mean-reversion trading. Each strategy has its own set of rules and objectives.

7. Market Monitoring: Day traders need to closely monitor the markets during trading hours. They often use real-time news, level II quotes, and trading platforms to make informed decisions.

8. Psychological Discipline: Day trading can be emotionally taxing, as traders face the pressure of making quick decisions and managing the stress of financial risk. Maintaining discipline and emotional control is vital.

9. Regulations: Day trading is subject to regulatory rules, including pattern day trading rules in the United States that require traders to maintain a minimum account balance if they make more than a certain number of day trades in a rolling five-day period.

10. Tax Considerations: Tax implications can be significant for day traders, as short-term capital gains are typically taxed at a higher rate than long-term gains. Traders should be aware of tax laws in their jurisdiction.

11. Education and Practice: Novice day traders are encouraged to undergo education and practice on demo accounts before risking real capital. This helps build skills and gain experience without financial risk.

12. Record-Keeping: Maintaining detailed records of trades is important for assessing performance and tax reporting.

It's important to note that day trading is not suitable for everyone. It requires a solid understanding of the markets, a disciplined approach, access to real-time data, and sufficient capital. Many day traders experience both wins and losses, and it can be financially risky.

Additionally, it's recommended to research and understand the risks and potential rewards before engaging in day trading, and some traders may consider seeking advice or mentorship to improve their trading skills.

#BTC break and close below of the trendline and made a retest. Price didn't moved played back and forth. Price looks bearish at the point and nothing looks well. Wait for the market to move either side or Daily TF shows any sort indication.

#RENDER made more drop with the market and moved 14.68% in profits. I hope you secured some over there and trail the stops.