By the end of the year, with an 85% probability, $ETH will drop below $1,000 per coin, and $BTC will test support and drift somewhere in the $35K–$50K range.
Miners will shut down capacity, the hashrate will fall, many altcoins will rug pull and go through delistings, and larger projects will cut staff.
Hard times are ahead.
If you have a long-term portfolio and you have the opportunity to sell it off with minimal loss and move into cash, consider it—this way you’ll preserve both your funds and your nerves.
In the media, they say that the $GUA drop by 70% was triggered by two wallets that opened short positions on futures—one of them made 400%, and together they got a profit of a little more than a million 😁
Do you believe this? So, to crash a promising coin from $1 to $0.05, it took only a few hundred thousand dollars? 🤣
Then how do you explain the steady growth of $LAB or the recent 1000% rise of $NFP , against which MILLIONS of dollars were being bet?
Long story short: all these explanations don’t stand up to any scrutiny. Just another forced guess with no basis at all. It’s much more plain and mundane than that. Someone was dumping coins on spot and, at the same time, shorting futures because he EXACTLY knew the price would fall while he was pushing it on SPOT 😜📉🤑
Quite a rare case: the price difference is $GUA on Alpha and #guausdt on futures, about 15%
These gaps PROVIDE an opportunity TO EARN if you know what to do. It’s a shame that lead trading on the spot doesn’t allow you to use this opportunity. The coins aren’t available on the spot—only on Alpha 😔 or on futures
Yesterday, traders received another USEFUL LESSON on coin $NFP , which is awaiting delisting. After the delisting announcement, the price dropped, and the market cap fell to 4 million. In theory, that’s where it was supposed to meet its fate with no surprises, but!
Manipulators used it by first pumping the price 2x, and when shorts piled onto the #NFPUSDT futures contract, the funding turned on at 1–2% ONCE AN HOUR.
When a seller opens a short on futures, they make a "buffer." For example, the position is taken so that if the coin rises by 100–200%, you don’t lose your deposit.
But a 10x surge will wipe out 99% of shorts—including both those who close on their own and those who get automatically liquidated.
I also took a small loss and exited at 0.23. But a move above 0.4!? Are you serious? Those kinds of moves haven’t happened in a long time. And they weren’t made by the coin’s developers. This was done by market manipulators connected to one of the major exchanges. They started buying NFP on spot while simultaneously opening longs on futures. Moreover, all the shorts’ money can immediately be put straight into the exchange’s pocket. I, by the way, placed a buy order at 0.04 yesterday, but I cancelled it 😝
A good lesson, you’ll agree. Let’s draw conclusions
Bought 30000 $NEWT #NEWTUSDT : there’s a feeling that we’ll see a rise today or tomorrow, although the chart is pretty bleak. But charts like this sometimes like to explode and deliver 100–150% profit
This time I won’t say which coin I made my latest bet on. You can figure it out from the price if you know how to use search. Besides, I don’t want crypto hamsters to sniff it out and jinx the deal 🤣
A request to anyone who can guess what coin it is: DO NOT write its name in the comments. Especially since the trade might not even work out 🤑
Crypto noobs usually think like this: I'll buy some junk coin and quickly tell everyone about it so other fools will buy it too, and then the price will skyrocket and I'LL MAKE BANK.
But that's not how it works.
Let's consider this example: $LAB
The project is obviously a scam and manipulative, as ZachBTX pointed out from the start (in fact, 97% of them are like this). And despite its inflated market cap, it holds up BETTER than $BTC and $ETH .
I couldn't understand why it wasn’t being dumped. Most likely, the organizers of this pyramid KNOW how much they can rake in before dumping the token to zero. And that amount is NOT SATISFYING for them.
They're interested in maximum FUNDING. Yesterday, the price went up, a -2% fee kicked in for shorters, then it became regular, but it slightly deflated to -0.2%. Now they need to get the MAXIMUM NUMBER of noobs to jump into shorts, then the fees will rise to -1-2% every hour, and they can keep the price steady while raking in cash.
So personally, I’m NOT INTERESTED in my readers shorting #LABUSDT .
On the contrary, it’s more profitable for me if you buy this junk with all your cash! 😡
But my advice is this - steer clear of this project. It’ll be better that way 👍
Haven't been keeping an eye on the big players $BTC and $ETH lately, as I'm focusing more on altcoins - there's more volatility there right now.
The chart for digital gold is hinting at a possible retest of recent lows and testing the nearest support in the 48000-50000 range.
If that happens, altcoins will likely take a hit along with Ethereum... And this could go down in just a few days.
I think everyone has come to terms with this scenario a long time ago.
But I’m not ruling out that the 60000 level could provide support, although the odds are slim. It's those unlikely events in the markets that happen with surprising regularity, leaving seasoned analysts and traders scratching their heads 😵💫