Thereās a common misconception that Iām going to clear up for you today.
When a new coin launches, and you see a percentage increase based on the low of the first candle and the current price, like $VANA being up 2400%, many people believe that some individuals bought it at $1 and others at $25.70.
Hereās the truth: When Binance adds a new coin, they must provide three prices before trading begins:
1. Opening price
2. High of the day
3. Low of the day
For example, #VANA had a low of $1, a high of $25.70 on the first candle, and an opening price around $21.79. The low price is typically based on the coin's ICO or launchpad price, while the high is either random or based on CoinMarketCap if the coin is already trading on other exchanges. Sometimes, both the low and high are arbitrary numbers, depending on the market cap at the time of launch.
The percentage you see is simply the difference between the ICO/launchpad price and the current market price. It reflects the returns made by ICO or seed investors.
As I mentioned, Binance has to set those three prices before trading starts, so thereās no way anyone bought it at $1 or $25.70 when trading began. Everyone buys at the price where trading starts.
Donāt be impressed by these numbers. Understand how things actually workāitās important.
$AVAX Is Quiet Right Now⦠But The Weekly Chart Is Building Something BIG.
#AVAX Around Key HTF Support. After A Deep Multi-Year Correction, Most People Stopped Watching.
Perfect. Thatās Usually Where Smart Money Starts Re-Accumulating In Avalanche.
Look At The Structure:
2021: Massive ATH Run - Peak Euphoria. Then Came The Multi-Year Correction.
Now? Price Is Sitting Inside A Strong Long-Term Accumulation Zone.
Current Setup: ā Strong All-Time Support: $9ā$7 ā Multiple Historical Reactions From This Zone ā Liquidity Sweep Into HTF Demand ā Macro Descending Trendline Still Major Resistance ā Weekly Close Above $15 = Strength Confirmation
As Long As Price Holds Above $7, The Macro Bullish Bias Stays Valid.
The Play: If Structure Expands: $32 ā $58 ā $115 ā $200+
Thatās Where The Real Move Begins.
Invalidation: ā Weekly Close Below $7 = Bullish Thesis Weakens
The Best Long-Term Trades Come When Nobody Is Paying Attention.
@avax Is One Of The Most Ignored HTF Charts Right Now. And Thatās Exactly Why It Deserves Attention.
šØ As a reminder: China today ordered its citizens to leave Iran "as soon as possible," warning of a "complex and volatile" situation. China issued the same warning on February 27, one day before the US and Israel started the war.
šā ļøš„ BTC Stalls at $80K ā Altcoins Get REKT!
š¹ Touched $79,388 then faded ā Bitcoin only green crypto in top 10, ETH-1.5% SOL-1.5% bleeding while BTC holds $77,986 šš š¹ 47 days negative funding rates ā longest bearish derivatives streak on record, narrow bid not broad enthusiasm šāļø š¹ Iran tensions escalate ā US naval blockade, gunboats firing, Strait of Hormuz chaos feeding uncertainty š¢š„ š¹ $76K critical support ā drop below means $79,388 was the top, next move needs Iran progress or funding shift šÆš“
When only BTC pumps, altcoin season is NOT coming š¤ā
š¢ Ethereum Price Analysis: Consolidation Before the Next Move?šš»
Ethereum (Ethereum) is currently trading in a critical range after facing rejection near the $2,400ā$2,425 resistance zone. Despite the rejection, the overall structure remains bullish as price continues to hold above key support levels. This phase reflects healthy consolidation, often seen before a strong breakout or temporary pullback. š Market Structure Overview Trend: Bullish (short-term uptrend intact) Resistance: $2,400 ā $2,425 Support: $2,320 (trendline support) Key Behavior: Higher lows forming ā buying pressure still present Ethereum is not showing signs of weakness yetārather, it's building energy for the next move. šÆ Professional Trading Setup š¢ Bullish Breakout Trade Entry: Above $2,425 (confirmed breakout candle) Stop Loss: $2,360 Targets: $2,500 (first resistance) $2,550 (extended move) š Strategy: Wait for a clean breakout with volume. Avoid fake breakouts. š“ Pullback / Breakdown Trade Entry: Below $2,320 (support breakdown) Stop Loss: $2,370 Targets: $2,250 $2,200 š Strategy: Enter only after clear breakdown confirmation, not just a wick. ā ļø Risk Management Reminder Never risk more than 1ā2% per trade Always wait for confirmation (no guessing entries) Crypto markets are volatileādiscipline beats prediction. $ETH Stay Connected Follow @Karl Krassenstein
#BitcoinCash is bouncing from a strong support zone around 420ā440 and breaking short-term downtrend structure. If momentum continues, price can push toward the 600ā625 resistance area. Holding above 440 keeps the bullish scenario intact, while losing it could bring another retest of lows. $BCH #MarketRebound