Everything depends on fate, if it's good, you hit the jackpot
Priority to the ETH system
Meme, L1, L2, AI, Defi that you throw
Altcoin Season is a term referring to the phenomenon where a series of Altcoins rise crazily one after another. During this time, traders are surely anticipating a strong “bullrun” of Altcoins after Bitcoin has had a divine pump.
Interestingly, the growth rate of Altcoins even outpaces Bitcoin during Altcoin Season, sometimes x5, x10, and even x50. During Altcoin Season, investing in Altcoins becomes incredibly easy as virtually any Altcoin purchase brings profits for investors. In this article, we will talk about Altcoin Season, a phenomenon that all Crypto traders need to know.
Key points: • Gold price surged to around $4,630 at the start of the Asian trading session on Friday.
• Trump stated he would maintain naval blockades of Iran's ports.
• The U.S.'s stance on prolonged higher interest rates amid inflationary pressures could weaken gold prices.
Technical analysis: After 4 days of sell-offs, gold saw a strong rebound of about 150 points yesterday but only managed to touch the descending trendline on the H4 and H1 charts without a decisive break to reverse the trend.
Currently, gold is still anchored within a descending trend channel, but it's quite close to the upper boundary of the descending trendline and is susceptible to being whipped in both directions or experiencing a fake breakout.
Price scenario: The critical support zone for continued upward momentum is $4,607 (confluence with EMA50 + touching the ascending trendline on a smaller timeframe). • Priority: If this zone breaks, it will form a double top on the smaller timeframe, and the nearest support will be $4,580, followed by $4,565. • Conversely, if gold continues to trade sideways within a tight range between the two EMAs, wait for the candle to close and confirm the breakout direction before riding the trend.
Note: Today is the end of the session, so reduce your position size or stay on the sidelines if you're uncertain, and avoid holding positions overnight to prevent getting caught in a Monday GAP.
THIS IS NOT INVESTMENT ADVICE, NO PROFIT GUARANTEE.
$DRIFT x3 {future}(DRIFTUSDT) Drift Protocol, powered by the DRIFT token, is a leading decentralized exchange on the Solana blockchain, specializing in perpetual futures trading. Launched in 2021 as one of the earliest DeFi projects on Solana, it has evolved into the largest open-source perp futures market, offering features like cross-margin trading, borrowing, lending, and vaults with up to 10x leverage. Key figure Cindy Leow, co-founder, has been instrumental in driving innovations, including integrations with Solana's Agent Kit for Al agent trading and participation in DeFi Day panels.
Significant events include record-breaking perpetual volumes, expansions into real-world assets like stocks and bonds, and community governance through the DRIFT token, empowering users to shape the ecosystem's future. Drift aims to surpass centralized finance by leveraging Solana's high performance for transparent, efficient on-chain trading.
- YieldBasis has proven significant success with its product, filling 150 million TVL with Bitcoin in just 20 minutes and achieving a registration sales figure exceeding 273 times, indicating robust market demand and community interest. - The protocol has maintained 99% TVL despite the broader DeFi market downturn, generating 3.84 million in protocol fees for the YB vault without any security incidents over the past seven months, highlighting its stability and revenue-generating capability. - $YB has seen a notable price increase, rising from 0.1239 to 0.1260 in the last two hours, with the RSI (6) currently at 71.27, indicating growing buying interest. N 1 chart
Key Points: Gold is extending its downtrend as Powell's remarks keep the US Dollar supported.
Rising Treasury yields are putting pressure on gold after the Fed decided to hold interest rates steady.
The divided vote within the Fed highlights deep divisions regarding future easing policies.
Technical Analysis: The prevailing trend remains bearish, with sellers dominating and pushing gold down to a 4-week low around $4,510. Further declines are anticipated.
The Relative Strength Index (RSI) is nearing oversold territory, supporting the bearish trend.
However, on the M15 timeframe, buyers are gaining traction, combined with a double bottom pattern + breakout from the resistance zone at $4,560 indicates a potential short-term recovery.
Price Scenario: Priority: Gold retraces to the resistance level of $4,600 from yesterday before turning back down towards the $4,500 area.
If buyers reclaim the $4,600 mark and bullish momentum strengthens, the next resistance level will be at $4,753.
If gold drops below $4,500, the first support level will be the low from March 31 at $3,482, followed by $4,351 (March 26).
THIS IS NOT INVESTMENT ADVICE, NO PROFIT GUARANTEE
expected Long Short for $BSB Follow $AIA for a solid play
Gem10x
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Bearish
Open short $BSB
Sl...
Tp... {future}(BSBUSDT) $BSB is extremely risky Onchain after a x10.
I've spotted some dangerous coin reversal signals coming from Bybit, as they've been moving 2M $BSB back and forth between the Deposit wallet and the Hot wallet.
Based on my experience, there's a high chance that $BSB will crash shortly after.
Long $QNT - Quant's Overledger is gaining traction as a critical infrastructure for enterprise blockchain adoption, especially with the recent SWIFT-style coding showcases. The ability to link traditional systems with various Distributed Ledger Technologies (DLT) without requiring commitment is highly relevant to banks exploring crypto deposits and bonds. - The token has exhibited a significant price increase of approximately 1.07% in the past 4 hours, moving from 69.42 to 70.16. This bullish momentum is supported by the EMA (7) at 69.42, indicating short-term bullish sentiment. N 1 candlestick chart - A notable inflow of capital is 42,498.71 USDT has been observed in the last hour, suggesting new buying interest. This is accompanied by a substantial capital flow of 20,632.57 USDT, accounting for 20.02% of the total inflow, indicating significant funding entering the market.
Gem10x
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Bullish
Long $PENGU {future}(PENGUUSDT) Pretty sweet, huh?
Yesterday, the team transferred about 700K USD into a wallet, and from this wallet, they've started to gradually short on the DEX today.
Additionally, aside from the above wallet, yesterday the team also moved over 300K USD to another wallet, likely gearing up for a dump.
Gem10x
·
--
Bearish
Open short $BSB
Sl...
Tp... {future}(BSBUSDT) $BSB is extremely risky Onchain after a x10.
I've spotted some dangerous coin reversal signals coming from Bybit, as they've been moving 2M $BSB back and forth between the Deposit wallet and the Hot wallet.
Based on my experience, there's a high chance that $BSB will crash shortly after.