#GOLD UPDATE :

#GOLD moves perfectly, and reacted from the resistance and hits the resistance around $2400 level. Now, a new #ATH is been build along, and hopefully we'll a retracement now. A good area will be same Resistance turned into support around $2400.

Ethereum prices experienced a similar gravity, following the Bitcoin price lower immediately after the halving, and recording the worst post-halving performance on record. However in the following days, ETH prices have similarly recovered, bringing overall performance into positive territory.

🔵 Epoch 3: +16%
🟢 Epoch 4: -4%
⚫️ Epoch 5: +1.5%

What Is a Minnow?

In the English language, “minnow” can refer to a small fish — and a person or organization who is regarded as small or insignificant.

The same concepts apply in the world of cryptocurrencies. A minnow refers to someone who owns a relatively small amount of digital assets. This means that, when they buy or sell their crypto, it’s unlikely to have a substantial impact on the rest of the market.

This is at odds with whales — the term that refers to the very small number of individuals and institutions who hold substantial sums of cryptocurrencies such as Bitcoin. If they decide to sell their holdings, there’s a very real risk that they could affect the spot prices that are seen on exchanges.

In rare cases, even a minnow can have a big impact. Some altcoins have incredibly low trading levels and a dire lack of liquidity, meaning that prices can shift dramatically even after a modest sale.

There’s no exact definition for how much of a crypto investment someone needs to hold in order to count as a minnow. However, research suggests that the vast amount of investors do fall into this category.

Even though the vast majority of addresses on the Bitcoin blockchain hold less than 0.1 BTC, they collectively own just 1% of the BTC that’s currently in circulation.

🚀 Big Moves Ahead for $TWIF! 🚀

$TWIF is currently trading in a symmetrical channel after an impressive upward rally. Brace yourselves, as we might witness a breakout from this symmetrical triangle in the upward direction, continuing the rally! With many big things in the pipeline, the future looks incredibly promising! 🔥🚀

Buy Now:

- PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

- Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

#BTC going perfectly as planned for this week, its going bullish now. Price tapped into the next key resistance, around $70,000 and $71,000. Currently, price facing a bit for sell pressure and pullback is expected. Structure is bullish, so anyway we're heading towards the ATH.

#BTC.D UPDATE :

#BTC.D still sustaining over the support zone, and that's not good enough from the alts as we can see, with that #BTC pump, alts didn't move that much. Index need to give a close below of the zone, where alts will start performing.

Measured from its $73k ATH, Bitcoin prices have corrected by -20.3%, the deepest since the FTX lows in November 2022. Despite this, the current macro uptrend remains notably resilient with relatively shallow corrections.

Interestingly, the current drawdown structure resembles the 2015-17 bull market. During that period, Bitcoin's rally was driven entirely by spot markets, as no derivative instruments were available, suggesting potential similarities with the current market.

Much of the leverage from the 2020-22 cycle was eliminated in 2022, and new US ETFs have introduced significant new demand in spot markets.

What Is Retargeting?

A retargeting algorithm, also referred to as a difficulty adjustment algorithm, is used on proof-of-work blockchains, such as Bitcoin.
Each block on PoW blockchains is created by a miner solving a complex set of equations or puzzles, however, the puzzles get harder and harder to solve after each block. The puzzle is solved by miners varying a nonce (number only used once) that produces a hash value that is lower than the hash target, which is a predefined condition of each block.

Each miner competes with the others to be the first one to solve the puzzle. The first one to solve it will receive a reward of Bitcoin and after the majority of miners reach a consensus, the block will be validated and added to the blockchain.

In order to define the block’s hash value and validate the transaction, miners must use the SHA-256 hashing function until the value is less than the target. If not, they need to keep modifying the nonce and repeat the SHA-256 hashing function until it is.
However, this predefined target is adjusted every 2016 blocks, approximately every 14 days, and is called “retargeting.” Retargeting ensures that the average time it takes to generate a block, 10 minutes, is maintained by increasing the difficulty of the puzzle.

Retargeting is generated by dividing the hash target of the first block by the hash target of the current block. This constant retargeting on PoW blockchains means that more computing power is required by miners today than when Bitcoin was created in 2009.

Here's the Analysis of #TRU :

#TRU is been selling-off from the Major Resistance area and holding from the supporting uptrend line. Currently, price is ranging between the top and Bottom around $0.099 - $0.133 respectively. A buys looks good after the range break and in anticipation of break of Major Resistance.

#BTC didn't moved alot from the resistance and formed a minor range too. Today is have #FOMC meeting ahead in NY later, so we can expect some directional move at that time.

#BTC.D UPDATE :

#BTC.D drops continue and given a close below of the support area. Now, market looks in mood to make the alts fly. The only condition will be #Bitcoin needs to sustain above nearly at the same level or $70,000.