Here's the Analysis of #DUSK :

#DUSK rejected hard from the major resistance area of $0.23 - $0.24 and currently, given a close below of the Strong support zone of $0.19 - $0.20 and now expected to reach out the Next Major Support Zone of $0.144 - $0.149. Try getting in shorts with market sentiments.

More Buys Coming 🙌

#Bitcoin trying to push towards the $60,000 level and already trading with the major resistance zone. A small consoldiation was created which broked successfully. Now, we need to see a Daily Candle closure over $60,000 and H4, closing will be the early indication.

#GOLD UPDATE :

#GOLD moved perfectly, and hit the new #ATH yesterday. Analysis going perfectly and now in a minor retracements, today NY might come up with new All-Time Highs or a Deeper retracements to market structure points. Also, a small consolidation happening too, so breakout will lead out.

We can increase our confidence in this assessment by inspecting the subsets within the STH investor cohort. Presently, all age bands within the STH cohort are holding an unrealized loss, with their average cost basis as follows:

🔴 1d-1w: $59.0k
🟠 1w-1m: $59.9k
🔵 1m-3m: $63.6k
🟣 3m-6m: $65.2k

What Causes Congestion and High Fees on EVM Blockchains?

This single-threaded limitation is a huge contributor to congestion and high fees on EVM chains.

When transaction volume surges, EVM can't scale up. Everything must be processed sequentially by that single core. The backlog accumulates, and users fiercely bid up gas fees trying to cut in line.

However, SVM and its parallel architecture can utilize more cores to efficiently manage spikes in traffic. The extra throughput prevents congestion and keeps fees low.

SVM’s Localized Fee Markets vs EVM’s Global Fee Market

Alright, last technical comparison - transaction fees.

EVM employs one global fee market across the entire network. With only one lane, activity in one dApp can jam up an unrelated dApp.

But SVM supports localized fees for each transaction. So, an NFT trade won't affect prices for a DeFi swap.
This keeps network access fair and traffic moving smoothly. Plus, dApps can subsidize fees for their users if desired.

What Emerging SVM Rollup Solutions Are Expanding the Reach of SVM?

Let's shift gears and discuss SVM adoption.

Lately, developers started building rollup solutions using SVM. Rollups bundle transactions off-chain before settling on Layer 1s like Ethereum. These allow developers to deploy SVM contracts on other chains while retaining Solana-level speeds.

Here;s the Analysis of #PIXEL :

#PIXEL is been moving within the very large channel pattern and formed a fresh support zone of $0.11 and moving in a consolidating range below resistance too $0.17. Price kept on dropping and approaching towards the listing price. Take the setups, after the breakout.

#BTC gave a Daily candle close of the Major Level but still have the rejection from the previous swing point. Price exactly rejected the draw level and expected to reach out the support zone around $60,000 and slightly below before moving up.

Notice of Removal of Spot Trading Pairs - 2024-09-20
https://www.binance.com/en/support/announcement/81a24cffdec94316a4c99a780cd1641f

#CRV had its bearish break below and in a retracement phrase even market pumped. Now, we need to see some sort of rejection shorting opportunities towards the support zone at $0.22.

Assessing unrealized losses provides crucial insight into the pressure that market investors are experiencing. We can then supplement this with an analysis of the volumes of profit and loss realized (locked-in) to better understand how these investors respond to this pressure.

Beginning with realized profit, we can see a drastic decline following the $73k ATH, indicating that most coins spent since then have locked in increasingly small profit volumes.

Here's the Analysis of #ZRO :

#ZRO forming a large triangle pattern and formed a fresh consolidation range. Nothing , much happening in this coin, just forming a support at $2.92 - $3.05, so in case of closing below, we can go for short-term shorting opportunity and long after the pattern break or resistance .

Federal Reserve cut rates by 50🔻basis points

#BTC moved perfectly with the plan, Price dipped slightly below the $60,000 and with that a Retest is done. #bitcoin gave a new Higher high with news, and expecting it to push further up towards $65,000 level as market looks clean.

#CRV dropped 5%- 6% in favor twice and moved up with the market. Now its shifting the market structure, and need to see a closing above $0.285 or resistance(Upper range) for go in the long positions.

Moving toward realized losses, we note that loss-taking events are elevated, and trade is rising toward higher levels as the market downtrend progresses.

The loss-taking events are not yet at the extreme levels seen during the mid-2021 sell-off or the 2022 bear market. However, the gradual higher drift does indicate some fear creeping into investor behaviour patterns.