Here's the Analysis of #ETHFI :

#ETHFI dropping hard towards its listing price and rejected hard from the strong resistance area of $$1.71 - $1.80. Overall, price dropping hard due to market conditions and expected a upmove from here.

Overall, market experiencing a massive and quick correction due to War situation going on.

Prepare for the worst, we might see some more tensions happening, so accumulate the dump with as we see market consolidation in LTF.

#BTC dropped due to global issues and goes near at $60,000. Price trying to recover and can easily do it if there's no more negative statement come out in the market.

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#TOTAL MARKET CAP :

#TOTAL Marketcap had a good retracement back to the strong support zone as looking good so far. The only thing is Index need to hodl the support zone or had a fakeout of this, as this will lea in strong confluence to a upcoming upmove.

Analysis of Bitcoin's price momentum reveals a mixed picture throughout August, marked by both positive and negative data points. This indecisive trend contrasts sharply with two previously discussed indicators, which have shown consistently negative signals over the same period. The divergence between price momentum and other market indicators suggests a complex market environment, where price action is not clearly aligning with other metrics of market activity and sentiment.

What Is a Stale Block?

A block that was successfully mined but not included on the current longest blockchain, usually because another block at the same height was added to the chain first. A stale block can be the result of network latency and causes the network to split temporarily into two competing blockchains. Miners resolve the split by continuing to mine new blocks to the chain, considered the valid blockchain. This eventually causes other miners to follow and treat this chain as the true chain.

The stale block is part of the chain that is no longer being mined and is thus considered invalid. Moreover, the mining reward attached to the stale block is also invalid and cannot be spent. The transactions from the stale block return to the mempool and are mined in subsequent blocks.

What Causes Stale Blocks?

Bitcoin has a very low number of stale blocks per year. For example, in 2019, only two stale blocks were mined on Bitcoin, thanks to the low latency between mining pools. Latency thus has a considerable effect on the emergence of stale blocks.

Miners that mine a block broadcast it to the nodes closest to them, which pass it on to other nodes in proximity and so on. The transmission of data is not instantaneous, which opens up the possibility of another miner finding the solution to the same block at the same time.

For example, if one miner is in North America and another is in Australia, they may both find the solution to a block at the same height at the same time. Each miner broadcasts their solution to the nodes closest to them. The stale block eventually becomes apparent as miners see both blocks. The network then has to settle on a block by majority decision, with the longer blockchain being mined and the transactions from the stale block returning to the mempool.

Stale Blocks on Ethereum and Other Blockchains

Before Ethereum's switch to proof-of-stake, stale blocks were also possible on Ethereum. They were called "uncle blocks" and miners could still earn a reward from them, albeit less than the usual mining reward. Other proof-of-work chains can also have stale blocks, which are generally more common than on Bitcoin.

Here's the Analysis of #APE :

#APE is been kept on rejecting from the strong resistance area of $0.86 - $0.90 and forming a bear flag formation. Price already made below the listing price so there's no levels looking left. Look out of most recent break and take the trade.

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#BTC made a easy drop and exactly made a low of $60,000 which is tend to build up more liquidity in the market. Expected a tap into the support Major Support Zone by Friday news event.

#CAKE fails to hold the level of support as market dumped due to news. Price retested and dropping hard now and expected to reach out the $1.52 area for longs.

The launch of Ethereum ETFs in August, following January's Bitcoin ETFs, marks a pivotal moment for cryptocurrency accessibility in US traditional markets. However, Bitcoin ETF flows have softened since August 2024, currently showing weekly outflows of $107 million. This trend suggests a changing dynamic in investor interest or market conditions for Bitcoin ETFs since their introduction.

Here's the Analysis of #CLV :

#CLV is been moving in a large consolidation and trading nearby the major support zone of $0.029 - $0.032. Its a 65%+ trading range, so you can take advantage of it with a confirmation and tighter stops.

#BTC still fails to see some sort of consolidation over the major support zone and we have #NFP news event today. Price is expected to drop lower towards the support zone and move up.

#ORDI getting it rejection from the wedge pattern resistance line and dropping. Price is expected to reach out the support from $24.17 - $25.68. More over, if price breaks the pattern then we can expect it to move higher towards the $48.00 resistance mark.

Demand for the more recent Ethereum ETFs has been relatively tepid, experiencing a net negative outflow. This is driven primarily by redemptions from the Grayscale ETHE product, which has not been counterbalanced by sufficient inflow demand across the other instruments.

On aggregate, the Ethereum ETFs have experienced a total outflow of $-13.1M. This highlights a disparity in the magnitude of demand between BTC and ETH, at least within the context of current market conditions.

What Is a State Channel?

A state channel is a scalability solution in blockchain technology that allows participants to conduct multiple off-chain transactions without needing to interact with the blockchain network for every transaction. The key idea behind state channels is to reduce the load on the blockchain by conducting a series of interactions off-chain and only settling the final result on-chain. This significantly improves transaction speed and reduces costs.

Here’s how it works:

1. Opening the channel: A state channel is established between two or more participants by locking a certain amount of cryptocurrency in a multi-signature contract on the blockchain. This serves as collateral for the off-chain transactions.

2. Off-chain interactions: Once the channel is open, the participants can perform multiple transactions off-chain. These transactions are recorded and agreed upon by the participants without being broadcast to the blockchain.

3. Closing the channel: When the participants are done transacting, they close the channel by submitting the final state of the channel (the final agreed balance) to the blockchain. The blockchain then updates the ledger based on this final state.

Key Benefits:
- Speed: Transactions are faster since they do not require blockchain confirmations for each interaction.
- Cost: Reduces gas fees or transaction costs because only the opening and closing of the channel involve blockchain interaction.
- Privacy: Off-chain transactions are not recorded on the blockchain, providing greater privacy.

Example Use Cases:
- Micropayments: State channels are perfect for use cases like micropayments, where users want to make frequent, small transactions.
- Gaming: In blockchain-based gaming, state channels can enable fast, off-chain interactions for things like in-game purchases or actions between players.

One popular implementation of state channels is the Lightning Network for Bitcoin, which is designed to enable fast, low-cost payments.