From February 26th to March 3rd, investors acquired over 150,000 coins (0.76% of circulating supply, worth $14.2B) in the 'air-gap' region below $86,000. As prices now trend back toward this zone's upper boundary, it's uncertain whether investors holding positions above $90,000 will use this rally as an exit opportunity to minimize losses.

What Is Winding Up?

In decentralized finance (DeFi), winding up essentially means wrapping crypto tokens through various projects in order to find the best yield.

Wrapped tokens are those which natively live on another blockchain, such as Ethereum, and bring interoperability throughout the DeFi space. The introduction of wrapped tokens initially started with Ethereum and its ERC-20 token standard. Today, there are many more, for example, wrapped Bitcoin (wBTC), which began with Bitcoin and is now used in countless DeFi applications on Ethereum.
For crypto holders to get the best yield for their tokens, they need to go through a number of oftentimes complex steps.

For instance, if a crypto holder starts with wBTC and wants to get Interest-Bearing BTC (ibBTC), then they will need to deposit it first on Curve Finance. From there, the user will receive an LP token which they can take to Badger DAO and mint the desired ibBTC.

Similarly, if a user starts with USDC and wants to get $SNOW, then they first need to deposit that USDC on Harvest Finance, an automated yield farming protocol. From there, Harvest Finance will return fUSDC as proof of deposit. Lastly, the user deposits their fUSDC to Snowswap in exchange for $fSNOW.

This is what, in essence, winding up means.

Here's the Analysis of #ENA :

#ENA is been moving in a very steep way lower and moving within a range of $0.35 - $0.37 as strong support and $0.48 - $0.50 as Strong Resistance. Support is broken and can move further lower, so shorting can be done with smaller lots.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on WEEKLY TF, had a very strong closing previous weekly and this very there's barely any movement other than short term retracement. might push little move up and mid-week and dump is expected.

#DXY UPDATE :

#DXY barely move this week any where and now retesting the zone a resistance, which gave a relief to the market slightly. If it fells from here then we can see further push in prices.

Here's the Analysis of #RUNE :

#RUNE moving the consolidation range and rejected from the resistance area of $1.40 - $1.44 and Strong Support Area of $1.07 - $1.10. Price looks strongly bearish and can move further lower.

#BTC gave a bullish candle close and not a strong bullish yet. Price in H4 flipped below the zone and nothing clear yet, so let it clear something more further to make a clear bias.

#US30 UPDATE :

#US30 moved perfectly and move towards the 41,000 area and even more. This a fantastic move to be caught and moved 8.8% in favor. In you haven't books its time to make some profit booking and move stops to breakeven.

Small Chunk of #BTC bought

Despite the severity of the correction, the magnitude of the drawdown remains in line with previous drawdowns this cycle, with Bitcoin trading -28% below its ATH. This highlights the relatively robust demand picture Bitcoin has seen during the 2023-25 uptrend, which has been characterised by shallower drawdowns when compared to prior cycles.

Whilst -28% is a large drawdown in 2023-25, a typical drawdown in 2017 was over -30%, and the 2019-21 cycle saw multiple -50% declines.

Here's the Analysis of #ADA :

#ADA forming a small triangle pattern and trading below the strong resistance area of $0.74 - $0.76 and can move further lower. A breakout will proper decide the market directional bias so the trade after the break.

#BTC haven't really moved yet moving back forth on the zones haven't reaching either side. Need to wait further to develop the price action.

#GOLD UPDATE :

#GOLD reversed back flipped the zone and retested it. Price had a strong jump moved 2.65% in favor. Well, its a new All-Time Highs, nothing much, better wait for the dip in prices.

A significant portion of the sell-side pressure has come from investors realizing losses. Market-wide Realized Loss reached $818M/day this week, second only to the yen-carry-trade unwind on August 5, 2024, which recorded $1.34B in losses. This demonstrates the challenging environment of the current downturn, with many investors exiting below their cost basis due to drawdown pressure.

What Is an x86 Virtual Machine?

- The Qtum team has created an x86 virtual machine (VM) for executing smart contracts in a variety of programming languages. This VM operates very similarly to the existing Ethereum VM, with some notable enhancements:

- In the Ethereum VM, all smart contracts must be written in Solidity and compiled down to byte code executed on the EVM. In this Qtum VM, developers can write their smart contracts in any language that supports a JIT compiler, including C++, Java, Python, and others widely used in application development. This gives dApp developers much more flexibility in terms of smart contract development.
In addition to supporting the existing gas model on Ethereum (where users pay for each operation they execute in a smart contract), Qtum has also added two new pricing models: fixed-fee per transaction and fee per transaction.

- he Qtum VM supports x86 registers and memory operations through a unified 16-bit instruction encoding scheme that significantly reduces gas costs in common cases compared to the Ethereum VM. This will allow developers to execute more operations per transaction and increase throughput on the Qtum blockchain.

#FOMC this week, might lead in some clarity

ALL Timings are in #EST.

Here's the Analysis of #TRUMP :

#TRUMP is been kept on printing the all time lows and created the support zone, $10.00 - $10.25. Price formed a bear flag and can lead in further push in prices.