#BOND in #BTC also jumped near the 1st target and made a high nearly around 12% in profits... 🚀🚀🚀

#BTC.D flipped the area to the upside again 👀

EDUCATIONAL POST

Exploring Uniswap and PancakeSwap: A Beginner's Guide

 

#BTC made it way up and travelled a a decent direction towards the resistance area around $65,000 mark. Price now moving in a bit corrective way, might be due to new week start and session change. Expected a good move by NewYork Open and this week we'll some good move to the upside.

#US30 UPDATE :

#US30 made a 2nd retest and finally broke through the resistance area and now expecting a retest back to the zone before moving up. The Next is at the resistance area is at 39,000 - 39,150. So, take the setups in LTF with the directional bias.

The Realized Cap serves as a robust metric for gauging the accumulated capital within Bitcoin over time and allows for a comparison of liquidity growth denominated in USD across different market cycles.

According to this metric, a cumulative sum of $560 billion in USD value has been "stored" within Bitcoin. The Realized Cap has surged by 439% during the recent period, underscoring the current $1.4 trillion market capitalization of the asset. It's worth noting that despite Bitcoin's notorious volatility, negative publicity, and periodic downturns, the cryptocurrency continues to attract capital inflows.

What Is Honey Miner?

Honeyminer is a cryptocurrency mining application that allows users to mine various cryptocurrencies using their personal computers. It aims to make cryptocurrency mining more accessible to individuals who may not have specialized hardware or extensive technical knowledge. Here are key aspects of Honeyminer:

1. User-Friendly Mining:
- Honeyminer is designed to be user-friendly, allowing individuals to start mining cryptocurrencies without the need for in-depth technical expertise. The platform aims to simplify the mining process for beginners.

2. Mining Multiple Cryptocurrencies:
- Honeyminer supports the mining of various cryptocurrencies, including but not limited to Bitcoin (BTC), Ethereum (ETH), and others. The software automatically selects the most profitable cryptocurrencies to mine based on the user's hardware and market conditions.

3. Smart Mining Algorithm:
- The platform employs a smart mining algorithm that dynamically adjusts the mining strategy based on factors such as hardware capabilities, electricity costs, and current market prices. This is aimed at maximizing the profitability of the mining operation.

4. Mining Pool Integration:
- Honeyminer operates as a mining pool, where users contribute their computational power collectively to mine blocks and receive rewards. Mining pools increase the chances of earning consistent rewards compared to solo mining.

5. Simple Setup:
- Users can download and install the Honeyminer software on their personal computers with relative ease. The platform is designed to streamline the setup process, making it accessible to a broader audience.

6. Profitability and Earnings:
- Honeyminer provides users with insights into their mining profitability and potential earnings. Users can monitor their mining performance through the platform's interface.

7. Withdrawal Options:
- Users can withdraw their mined cryptocurrency earnings directly from the Honeyminer platform. The platform typically supports various withdrawal options, allowing users to transfer their earnings to external wallets or exchanges.

8. Security Measures:
- Honeyminer incorporates security measures to protect users' accounts and mined assets. This includes encryption and other security protocols to safeguard sensitive information.

It's important to note that while Honeyminer aims to simplify the mining process, cryptocurrency mining involves considerations such as electricity costs, hardware efficiency, and market conditions. Users should carefully assess these factors and the terms of service provided by Honeyminer before engaging in mining activities.

As the cryptocurrency landscape evolves, platforms like Honeyminer contribute to the accessibility of mining for individuals interested in participating in blockchain networks and earning cryptocurrencies through their computing power.

Here's the Analysis of #TRX :

#TRX is been rejected from the build-up resistance area around $0.122. Price already facing strong sells, from major resistance area of $0.120 - $0.122 and candle close will show some bearishness in the price. Well, market turning bullish, so a fakeout is expected with that. Also, its a Inverse Head and Shoulder forming so eyes on breakout.

#BTC tap into the resistance are after floating for a while, and rejected. With that rejection, a structural shifts came in. Potentially, now a correction will come back to $62,000 and $61,100. This week, will be good as per the weekly expectation, so let see how it performs.

NAS100 Analysis :

NAS100 is been made a flip above the strong flip zone around around 17800 and tends to rising up, There's no clean price action of the left as the market goes on consolidation for long. The price is expected to reach out the next Strong Resistance Area of 18,300. In between m price is bullish, so LTF will potential buys.

Bitcoin hovers in the mid-$60k range after hitting $73k in mid-March. We'll explore investor behavior during this consolidation, analyzing accumulation patterns post-FTX crash.
In both the 2020-21 and 2023-24 bull runs, we observe distribution phases during price contractions. Sell pressure rises as dormant supply enters to meet demand. The recent ATH saw intensified distribution amid Middle East conflict news, leading to a correction to $60.3k.

What Is a Gray Swan Event?

A Gray Swan event is a term used to describe a foreseeable but unlikely and impactful occurrence that falls between a Black Swan event (unpredictable, rare, and highly impactful) and a White Swan event (common and expected). Gray Swan events are events that are not entirely unexpected but are not considered probable or mainstream.

Example of a Gray Swan Event:

Financial Crisis of 2008:

The global financial crisis of 2008 serves as an example of a Gray Swan event. While there were warning signs and concerns about the stability of the financial system, many considered a widespread collapse unlikely. The complexity of financial instruments and interconnectedness of global markets contributed to the crisis, which had significant and unforeseen consequences.

In this case, the elements leading to the crisis were not entirely hidden, but the severity and global impact were underestimated. The financial crisis is often referred to as a Gray Swan event because, in hindsight, some aspects were foreseeable, yet the extent of the crisis caught many by surprise.

Here's the Analysis of #SAGA :

#SAGA is been recently listed project on Binance, now having it correction. Price found out a support around $2.98 - $3.09 , where a potential bounce is expected. Wait for a strong sign for buys till the next resistance area of $4.44 - $4.60.

Notice of Removal of Spot Trading Pairs - 2024-05-10
https://www.binance.com/en/support/announcement/04be5fb46fe84e2eadc01fbc2c445cfa

Nothing much happened in #BTC and still moving in a small range. Price still made a lower low and expected a dip to $61,130 and lower. Its mid week now and you can expect some movement by the weekend as there might be a fundamental plays.

#GAL bounced form the support zone around 8% in profits but due to market conditions, price dipped ack to the zone and now approaching towards the trendline. A bounce is expected through the zone, and in case previous positions are still opened, use stops below previous swing low.`

If we inspect the breakdown of this metric by wallet sizes, we can complete a more detailed assessment. Here we see a distinct uptick in net outflows 🟥 across all cohorts throughout April, suggesting a consistent sell-side pressure across the board.