#GFT Strong bullish divergence, Don't miss this potential rocket ride! 🚀💥

Here's the Analysis of #BSW :

#BSW moving within the large falling wedge pattern and moving below the flip area of $0.068 - $0.070. Price gave a minor breakout but not looking strong enough, so better we need to wait for the price to move above flip zone and take the buy setups.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, had a rejected closing and current week candle also trying to have even better rejection from the support. We can expected a shallow retracement by next week and a move higher towards the $65,000 mark. Another case can be the market might continue to range in these zones.

#DXY UPDATE :

#DXY gave a clean break and had a good weekly closing too. Dollar getting its strength and market might suffer bit of pain too in next week.

The SSR Oscillator compares Bitcoin's market cap to the total circulating stablecoin supply. A low SSR indicates higher stablecoin "buying power" for BTC, while a high SSR shows less buying power. Currently, the SSR is at a historic low due to a range-bound Bitcoin market cap and growing stablecoin supply, suggesting increased stablecoin-based buying power that could boost future demand.

Here's the Analysis of #ZK :

#ZK is been kept on holding the listing price as support zone of $$0.090 - $0.095 and resistance area of $1.44 - $1.49. Price moving within the channel pattern and kinda bear flag and might push bit lower from here. Taking shorts from resistances will also a good opportunity if market ranges.

#BTC gave a weekly candle closing a Doji candlestick, which shows an undecided market or more buyers are in. Currently, price is approaching towards the strong resistance area and have to see a Daily candle close above.

#US30 UPDATE :

#US30 gave a strong breakout of the consolidation range and had a retest and printed a new All time highs. Now, once again we have to wait for the retracement and take buys anticipating the new ATH soon.

Bitcoin's recent slump has new investors feeling the squeeze. Since late June 2024, short-term holders are underwater (MVRV < 1), nursing losses on paper. But there's a silver lining! These unrealized losses aren't as brutal as the mid-2021 bloodbath or the March 2020 COVID panic. So while newbies are sweating, they're not in full meltdown mode.

What Is a Sybil Attack?

In a Sybil attack, a malicious actor attempts to gain control over a network by creating multiple identities and using them to manipulate the network's consensus, such as by voting multiple times on a blockchain. The attacker does this by creating multiple identities, or "Sybils," that will then act together to control the network. These attacks can be used to double-spend coins, disrupt the network, and even prevent transactions from being confirmed.

For example, the attacker may create multiple wallets, each with a different identity, and use these to vote multiple times to gain control of the network. The attacker can also use these identities to manipulate the network's consensus by controlling a large portion of the network’s computing power.

Sybil attacks can be difficult to detect and can be used to gain control of a network without the need for large amounts of computing power. As such, users need to be aware of the risks posed by these attacks and take steps to protect their networks.

here's the Analysis of #OG :

#OG is been discovered the new trading range between the Major Support Zone of $6.66 - $7.18 and Resistance at $10.90 - $11.40. A long setup looks good here with smaller risk and tighter stoploss.

#BTC made a very shallow closing over the strong resistance area and swept out the tiny liquidity. Price now retracing a bit here and can retest the $63,600 area. Expecting a new higher high to be formed sooner.

#GOLD UPDATE :

#GOLD had a break below of the support zone and turns out very quickly. Price again back into the consolidation pattern and again we have to look for a clean breakout or Daily turned bearish and this can be retracement.

In prolonged downtrends, investors sell at lower prices, pushing the cost basis of newer supply down. We've created an indicator comparing cost bases of 1w-1m and 1m-3m holders to gauge capital flows.
Capital Outflows 🟪: Younger coins' (1w-1m 🟠) cost basis falls faster than older ones (1m-3m 🔴).
Capital Inflow 🟦: Younger coins' cost basis rises faster in uptrends.
Currently, younger coins trade below older ones, indicating net outflows. This might hint at early stages of a market reversal.

Here's the Analysis of #STMX :

#STMX stuck in a range now between the top zone as resistance around $0.0057 - $0.0060 and Support at $0.0053 - $0.0054. We need to see some sort of breakout of the zone and take the directional move with the trend.

#BTC gave a successful breakout of the strong resistance area and now expected to have a retest now. Daily candle looks healthy and looking for a price to hit $70,000 sooner.