#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, almost reached the resistance area drawn and moved into the consolidation, $102,400 area is standing at the minor support. Again we need to wait for the price for a breakout.

#BCH dropped towards the supporting rejecting trendline, now, we can expect the price to move up and give a breakout sooner. #BTC also consolidating, so its a 50-50 way, so take the opportunity carefully.

The percentage of Bitcoin's circulating supply in profit remains high at 88%, with only December-February buyers ($95k-$100k) underwater. This binary metric simply classifies coins as profitable or at a loss based on purchase price, unlike MVRV which measures the magnitude of unrealized gains/losses. Similar to MVRV, this metric has bounced strongly off its long-term mean, further confirming a significant reset in investor expectations is occurring.

What Are Zk-SNARKS?

Zk-SNARKs stands for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge.” and it is a form of zero-knowledge cryptography where one can prove possession of information, such as a private key, without revealing said information, and without interaction between the prover and verifier, thereby ensuring privacy for users.

“Zero knowledge” means one party (‘prover’) is able to prove knowledge of a secret parameter (‘witness’) to another (‘verifier’) without revealing the witness to the verifier or anyone else, besides the fact that the witness is valid.

“Succinct” implies that zero-knowledge proof can be validated within a few milliseconds, as proofs consist of only a few hundred bytes. “Non-interactive” refers to the prover having to send only a single message to the verifier. “Argument” is the term used to represent these proofs and “ Knowledge” refers to the secret parameter possessed by the prover.

When interacting in a blockchain, a user may have to prove that some conditions are met before they can complete a transaction. For example, they need to prove they have sufficient funds to complete a transaction, but without giving away information on how much they have in their wallet.
Zk-SNARKs also come useful when proving one’s identity in a blockchain. For example, if B wants to verify A’s identity, they can send a secret message to A without telling them what it is, and ask A to decode the message using their private key. A can then send the message back to B, proving their identity.

Zk-SNARKs records only the proof of the transaction on the blockchain node, safeguarding the identity of the sender, receiver and other details associated with the transaction. Zcash was the first widely used cryptocurrency that uses zk-SNARKs to enable private transactions.

Here's the Analysis of #MANTA :

#MANTA strong rejected from the strong resistance area around $0.32 - $0.33 and turned bearish for short-term. The support looks good for the buys around $0.23 - $0.24, which can taken into account for longs with some sort of LTF confirmation. Otherwise we'll print a lower low.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on WEEKLY TF, this week the price just floated below the weekly resistance and closing might formed an another resistance. This week also indecisive so we might see a breakout, for a retracement or impulsive move.

#DXY UPDATE :

#DXY had a tap into the major area as expected and had a dump around 50% of the range. Index is very difficult, as its showing the strength too. But expecting a drop to support before rising up.

Analyzing coin movement patterns reveals a similar trend. During the downtrend, the Realized Profit/Loss Ratio approached break-even, indicating balanced profit and loss-taking events and neutral investor sentiment. The recent price rally has driven this ratio higher and back into profit-dominated territory, suggesting the beginning of a meaningful recovery where profit-taking has returned but demand has been strong enough to absorb the increased selling.

Buying #LOKA here on Binance:
https://www.binance.com/en/trade/LOKA_USDT

We can see Massive strength on 1D timeframe🔥 Clean bounce from major horizontal support + wedge structure forming perfectly here✌️

This setup is not one to fade.
Breakout is imminent — upside targets in play🚀

Short term targets: 10%-30%-50%

#LOKA/BTC

Currently on strong horizontal support on higher timeframe and forming a textbook style falling wedge pattern on 1D timeframe✌️

Breakout and massive rally is ahead so don’t miss it 🚀

Here's the Analysis of #SXP :

#SXP chopping between the key zones nothing much good, but its formed a Inverse head and Shoulder Pattern, which is a Reversal pattern. But it formed in the middle of the no where, so better so a bit low probable for us. still buys looks good with small risk over $0.20 once candle closes above.

Weekly closing is very great and near the high too. Price attempted to break the zone But for some reason price dropped sharply approaching towards the $100,000 or expected soon.

#US30 UPDATE :

#US30 moving great price a new higher high this week, made about 4.4% in profits. Still the Final target remain the same around 42,850. If you bought it then make it till that area or book some on every new high.