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Fualnguyen
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Bitcoin or tokenized gold? If you have a certain amount of capital, and you must choose between investing in Bitcoin or Tokenized Gold, which one would you pick? Physical gold and Bitcoin may be similar in terms of safety, but when it comes to future growth potential, I’m sure you already have your own answer. So, are physical gold and tokenized gold equivalent? The answer is yes in terms of investment exposure, but no in terms of their nature. When you buy tokenized gold, you don’t truly own the physical gold yourself — the issuing company holds it on your behalf. And I believe you already understand what kind of risks that implies. Tokenized gold and gold futures contracts are quite similar in terms of how they simulate exposure, only differing in the underlying technology. So, how would you choose? Comment below. #Fualnguyen #writewithoutAI #BinanceBlockchainWeek #BTCvsGold {future}(BTCUSDT) {future}(PAXGUSDT)
Bitcoin or tokenized gold?

If you have a certain amount of capital, and you must choose between investing in Bitcoin or Tokenized Gold, which one would you pick?
Physical gold and Bitcoin may be similar in terms of safety, but when it comes to future growth potential, I’m sure you already have your own answer.

So, are physical gold and tokenized gold equivalent?
The answer is yes in terms of investment exposure, but no in terms of their nature.
When you buy tokenized gold, you don’t truly own the physical gold yourself — the issuing company holds it on your behalf. And I believe you already understand what kind of risks that implies.

Tokenized gold and gold futures contracts are quite similar in terms of how they simulate exposure, only differing in the underlying technology.

So, how would you choose?
Comment below.

#Fualnguyen #writewithoutAI
#BinanceBlockchainWeek #BTCvsGold
Bitcoin
57%
Tokenized gold
43%
7 votes • Voting closed
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Bullish
Gold is created from a universal supernova explosion and becomes scattered fragments on the Earth's surface. This process requires an enormous amount of energy that humans cannot replicate up to the present day. Therefore, gold is finite. Humans can only mine and refine gold. Bitcoin simulates the scarcity and non-creatable nature of gold through the mining process: computers search for a value n that satisfies the difficulty of the problem, a problem that cannot be solved, only attempted by trying each value until the satisfying value is found. This is exactly like the process of searching for a gold mine, mining, and refining gold in real life. And Bitcoin is also limited to 21 million, a finite value just like the total mass of gold on Earth. As for tokenized gold, it is merely a product created using blockchain technology to make gold investment easier and faster. Essentially, physical gold is what is truly rare and finite, while tokens pegged to the price of gold are not difficult to create and are not as scarce as their underlying asset. For this reason, tokenized gold is only an investment product based on blockchain technology and CANNOT be put on the same scale for a direct comparison with Bitcoin. And you? What do you think about this topic? Comment below to share with me #Fualnguyen #writewithoutAI #BinanceBlockchainWeek #BTCvsGold {future}(BTCUSDT) {future}(PAXGUSDT)
Gold is created from a universal supernova explosion and becomes scattered fragments on the Earth's surface. This process requires an enormous amount of energy that humans cannot replicate up to the present day. Therefore, gold is finite. Humans can only mine and refine gold.

Bitcoin simulates the scarcity and non-creatable nature of gold through the mining process: computers search for a value n that satisfies the difficulty of the problem, a problem that cannot be solved, only attempted by trying each value until the satisfying value is found. This is exactly like the process of searching for a gold mine, mining, and refining gold in real life. And Bitcoin is also limited to 21 million, a finite value just like the total mass of gold on Earth.

As for tokenized gold, it is merely a product created using blockchain technology to make gold investment easier and faster.
Essentially, physical gold is what is truly rare and finite, while tokens pegged to the price of gold are not difficult to create and are not as scarce as their underlying asset.

For this reason, tokenized gold is only an investment product based on blockchain technology and CANNOT be put on the same scale for a direct comparison with Bitcoin.

And you? What do you think about this topic? Comment below to share with me

#Fualnguyen #writewithoutAI
#BinanceBlockchainWeek #BTCvsGold
Bitcoin hay vàng token hóa? Có sẵn một số vốn, nếu lựa chọn giữa việc đầu tư Bitcoin và Vàng Token thì bạn sẽ chọn gì? Vàng vậy lý và Bitcoin thì có thể tương đương nhau về độ an toàn nhưng tiềm năng tăng trưởng trong tương lai thì chắc chắn bạn đã tự có câu trả lời. Vậy thì giữa vàng vật lý và vàng Token hóa có tương đương không? Câu trả lời là có về góc độ đầu tư nhưng không về mặt bản chất. Bởi vì khi mua vàng token hóa bạn không thật sự sở hữu vàng vật lý trong tay mà công ty phát hành token sở hữu thay cho bạn. Điều đó hàm chứa rủi ro gì thì tôi tin bạn đã có được đáp án của mình. Vàng Token hóa và hợp đồng tương lai của vàng về mặt mô phỏng là khá tương đồng nhau. Chỉ khác nhau về công nghệ phát triển phía sau. Vậy bạn sẽ lựa chọn như thế nào? Bình luận bên dưới nhé #Fualnguyen #writewithoutAI #BinanceBlockchainWeek #BTCvsGold {future}(BTCUSDT) {future}(PAXGUSDT)
Bitcoin hay vàng token hóa?

Có sẵn một số vốn, nếu lựa chọn giữa việc đầu tư Bitcoin và Vàng Token thì bạn sẽ chọn gì?
Vàng vậy lý và Bitcoin thì có thể tương đương nhau về độ an toàn nhưng tiềm năng tăng trưởng trong tương lai thì chắc chắn bạn đã tự có câu trả lời.

Vậy thì giữa vàng vật lý và vàng Token hóa có tương đương không? Câu trả lời là có về góc độ đầu tư nhưng không về mặt bản chất. Bởi vì khi mua vàng token hóa bạn không thật sự sở hữu vàng vật lý trong tay mà công ty phát hành token sở hữu thay cho bạn. Điều đó hàm chứa rủi ro gì thì tôi tin bạn đã có được đáp án của mình.

Vàng Token hóa và hợp đồng tương lai của vàng về mặt mô phỏng là khá tương đồng nhau. Chỉ khác nhau về công nghệ phát triển phía sau.

Vậy bạn sẽ lựa chọn như thế nào? Bình luận bên dưới nhé

#Fualnguyen #writewithoutAI
#BinanceBlockchainWeek #BTCvsGold
Bitcoin
60%
Vàng Token Hoá
40%
48 votes • Voting closed
See original
Gold is created from the supernova explosion of the universe and becomes small scattered pieces on the surface of the Earth. The process requires an incredibly immense amount of energy that humanity has not been able to achieve until now. Therefore, gold is finite. Humanity can only mine and craft gold. Bitcoin simulates the scarcity and non-reproducibility of gold through the mining process: computers search for a value n that satisfies the difficulty of a problem, a problem that cannot be solved, only by trying each value until finding the satisfying value. Exactly like the process of searching for gold mines, mining and crafting gold in real life. And Bitcoin is also limited to 21 million, a finite value like the total mass of gold on Earth. Tokenized gold is merely a product created by blockchain technology that makes investing in gold easier and faster. In essence, gold is rare and finite while tokens pegged to the price of gold are not difficult to create and are not scarce like their underlying asset. For this reason, tokenized gold is just an investment product based on blockchain technology, CANNOT be compared on equal terms with Bitcoin. #Fualnguyen #writewithoutAI #BinanceBlockchainWeek #BTCvsGold {future}(BTCUSDT) {future}(PAXGUSDT)
Gold is created from the supernova explosion of the universe and becomes small scattered pieces on the surface of the Earth. The process requires an incredibly immense amount of energy that humanity has not been able to achieve until now. Therefore, gold is finite. Humanity can only mine and craft gold.

Bitcoin simulates the scarcity and non-reproducibility of gold through the mining process: computers search for a value n that satisfies the difficulty of a problem, a problem that cannot be solved, only by trying each value until finding the satisfying value. Exactly like the process of searching for gold mines, mining and crafting gold in real life. And Bitcoin is also limited to 21 million, a finite value like the total mass of gold on Earth.

Tokenized gold is merely a product created by blockchain technology that makes investing in gold easier and faster.
In essence, gold is rare and finite while tokens pegged to the price of gold are not difficult to create and are not scarce like their underlying asset.
For this reason, tokenized gold is just an investment product based on blockchain technology, CANNOT be compared on equal terms with Bitcoin.
#Fualnguyen #writewithoutAI
#BinanceBlockchainWeek #BTCvsGold
Ahhh, there we go 💪🏾 I said before that $HYPE at $36–$37 was an absolutely perfect entry. Anyone who went long there will eventually catch the upside. Beyond building a solid technical base, $HYPE is also an exceptionally high-quality product — a decentralized derivatives exchange that leads the sector in both market cap and trading volume. Its only real worthy rival is $ASTER #Fualnguyen #BNBholic #Asterians #writewithoutAI {spot}(ASTERUSDT) {future}(HYPEUSDT)
Ahhh, there we go 💪🏾
I said before that $HYPE at $36–$37 was an absolutely perfect entry. Anyone who went long there will eventually catch the upside.
Beyond building a solid technical base, $HYPE is also an exceptionally high-quality product — a decentralized derivatives exchange that leads the sector in both market cap and trading volume. Its only real worthy rival is $ASTER
#Fualnguyen #BNBholic #Asterians #writewithoutAI
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Bullish
Current spot-buying on decentralized exchanges is heavily focused on Swap tokens, showing that traders are approaching the market cautiously — favoring high liquidity and easy exit strategies. Most activity is for short-term plays, while larger capital stays on the sidelines. On the bright side, ETH accumulation is picking up with strong volume. In the broader altcoin space, some Alpha projects like $KOGE and $TAKE are drawing attention, while mid-cap tokens like $ASTER and $VIRTUAL are showing counter-trend strength, posting gains despite the overall market downturn. {future}(TAKEUSDT) – TAKEUSDT Perp: 0.27341 (-0.05%) {spot}(ASTERUSDT) – ASTERUSDT Perp: 1.3576 (+10.85%) – VIRTUALUSDT Perp: 1.1218 (+4.3%) #Fualnguyen #BNBholic #Asterians #writewithoutAI
Current spot-buying on decentralized exchanges is heavily focused on Swap tokens, showing that traders are approaching the market cautiously — favoring high liquidity and easy exit strategies. Most activity is for short-term plays, while larger capital stays on the sidelines.

On the bright side, ETH accumulation is picking up with strong volume.

In the broader altcoin space, some Alpha projects like $KOGE and $TAKE are drawing attention, while mid-cap tokens like $ASTER and $VIRTUAL are showing counter-trend strength, posting gains despite the overall market downturn.


– TAKEUSDT Perp: 0.27341 (-0.05%)

– ASTERUSDT Perp: 1.3576 (+10.85%)
– VIRTUALUSDT Perp: 1.1218 (+4.3%)

#Fualnguyen #BNBholic #Asterians #writewithoutAI
Over the past 24 hours, the market has continued to reflect a defensive and observant stance from Smart Money, with virtually no notable inflows recorded. Market sentiment has grown increasingly subdued, and their cautious behavior has persisted for more than a month. At the moment, conditions do not appear attractive enough for Smart Money to actively allocate capital into spot altcoins. Their upcoming moves will need to be monitored closely to assess whether liquidity will return in the near future. As for tokens being accumulated on DEXs, aside from swap-related tokens, only $AAVE and $ENA have seen any meaningful buying activity. Reference: GM Cashback #Fualnguyen #BNBholic #Asterians #writewithoutAI {spot}(AAVEUSDT) $ENA {spot}(ENAUSDT)
Over the past 24 hours, the market has continued to reflect a defensive and observant stance from Smart Money, with virtually no notable inflows recorded. Market sentiment has grown increasingly subdued, and their cautious behavior has persisted for more than a month.
At the moment, conditions do not appear attractive enough for Smart Money to actively allocate capital into spot altcoins. Their upcoming moves will need to be monitored closely to assess whether liquidity will return in the near future.
As for tokens being accumulated on DEXs, aside from swap-related tokens, only $AAVE and $ENA have seen any meaningful buying activity.
Reference: GM Cashback
#Fualnguyen #BNBholic #Asterians #writewithoutAI
$ENA
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Bullish
See original
55M $ASTER has been bought back in this wallet and 50% of it will be burned (image 2). This mechanism is maintained to combat inflation of the token price and to uphold the trust of the holder community. In the past 7 days, Aster has increased by more than 13% and established 2 strong support price zones at $1.1 and $1.2. Currently, it is a slight adjustment zone, the price is good in the sideways movement and will breakout in the coming days. Sharing the same adjustment rhythm and recovering: $HYPE and $SUSHI #Fualnguyen #BNBholic #Asterians #writewithoutAI {future}(ASTERUSDT) {future}(HYPEUSDT) {future}(SUSHIUSDT)
55M $ASTER has been bought back in this wallet and 50% of it will be burned (image 2). This mechanism is maintained to combat inflation of the token price and to uphold the trust of the holder community.
In the past 7 days, Aster has increased by more than 13% and established 2 strong support price zones at $1.1 and $1.2.
Currently, it is a slight adjustment zone, the price is good in the sideways movement and will breakout in the coming days.
Sharing the same adjustment rhythm and recovering: $HYPE and $SUSHI
#Fualnguyen #BNBholic #Asterians #writewithoutAI

--
Bullish
The current spot-buying activity across decentralized exchanges is mostly concentrated in Swap tokens, indicating that the market is approaching trading with caution — prioritizing high liquidity and easy exit strategies. Traders are entering mainly for short-term plays rather than long-term investments, while major capital remains on the sidelines. On the positive side, there’s a notable accumulation of ETH with impressive volume. In the broader altcoin universe, a few standout Alpha projects such as $KOGE and TAKE are gaining attention. Among mid-caps, $ASTER and $VIRTUAL have also shown counter-trend strength, registering growth despite the overall market downturn. #Fualnguyen #BNBholic #Asterians #writewithoutAI {future}(TAKEUSDT) {future}(ASTERUSDT) {future}(VIRTUALUSDT)
The current spot-buying activity across decentralized exchanges is mostly concentrated in Swap tokens, indicating that the market is approaching trading with caution — prioritizing high liquidity and easy exit strategies. Traders are entering mainly for short-term plays rather than long-term investments, while major capital remains on the sidelines.

On the positive side, there’s a notable accumulation of ETH with impressive volume.

In the broader altcoin universe, a few standout Alpha projects such as $KOGE and TAKE are gaining attention. Among mid-caps, $ASTER and $VIRTUAL have also shown counter-trend strength, registering growth despite the overall market downturn.

#Fualnguyen #BNBholic #Asterians #writewithoutAI
--
Bullish
The $ASTER build team posted: 'CZ once said, "Real strength is shown when the market is red.' $ASTER is proving this better than any other token recently. While $BTC and the rest of the market are reeling, Aster continues to grow. That is not luck; it's conviction, buybacks, and real builders struggling amidst losses. The number of Aster holders is sharply increasing, currently reaching 187,000, and they are not casual buyers—they are early holders of a future successful L1 blockchain. They understand the thesis, they see the execution, and they are sizing their positions appropriately. Continue the build and build mode." "After reaching $1.4, today is a technical correction session for Aster, and some superb price levels will appear. Let's look for a great entry point together. #Fualnguyen #BNBholic #Asterians #writewithoutAI {future}(ASTERUSDT) {future}(BNBUSDT) {future}(CAKEUSDT)
The $ASTER build team posted:
'CZ once said, "Real strength is shown when the market is red.'
$ASTER is proving this better than any other token recently.
While $BTC and the rest of the market are reeling, Aster continues to grow. That is not luck; it's conviction, buybacks, and real builders struggling amidst losses.
The number of Aster holders is sharply increasing, currently reaching 187,000, and they are not casual buyers—they are early holders of a future successful L1 blockchain. They understand the thesis, they see the execution, and they are sizing their positions appropriately.
Continue the build and build mode."
"After reaching $1.4, today is a technical correction session for Aster, and some superb price levels will appear. Let's look for a great entry point together.

#Fualnguyen #BNBholic #Asterians #writewithoutAI

--
Bullish
The market has recovered to a $3T market cap, and the tokens with the best price rebound performance over the past 3 hours are: $WLFI, $CC, and $SOL. There are still no signs of strong recovery, and prices remain at risk of reversing again. Please TP&SL #fualnguyen #writewithoutAI {future}(SOLUSDT) {future}(CCUSDT) {future}(WLFIUSDT)
The market has recovered to a $3T market cap, and the tokens with the best price rebound performance over the past 3 hours are: $WLFI, $CC, and $SOL.

There are still no signs of strong recovery, and prices remain at risk of reversing again.
Please TP&SL
#fualnguyen #writewithoutAI
--
Bullish
See original
BTC on November 19 In the weekly frame, the price has moved to touch the breakout point, marking the breakout from the bottom in April of this year. At this position, BTC has negated all the returns it accumulated during the past period. It is also a super important position that we all await confirmation of the next trend of the king, which holds nearly 60% of market capitalization. If the price continues to distribute down from here, confirming a cycle peak at 126K, this would be a shocking result for me and perhaps the entire market. This is because I believe that as long as there is a confirming signal for recovery, BTC will immediately regain its form and break out. The strong technical foundation supports that view, a beautiful recovery weekly candle, and the whole situation will change. The entire royal $ETH $SOL $BNB is also waiting for the king to lead the price increase again #Fualnguyen #BNBholic #Asterians #writewithoutAI {future}(BTCUSDT) {future}(BNBUSDT) {future}(ETHUSDT)
BTC on November 19
In the weekly frame, the price has moved to touch the breakout point, marking the breakout from the bottom in April of this year.
At this position, BTC has negated all the returns it accumulated during the past period. It is also a super important position that we all await confirmation of the next trend of the king, which holds nearly 60% of market capitalization.
If the price continues to distribute down from here, confirming a cycle peak at 126K, this would be a shocking result for me and perhaps the entire market.
This is because I believe that as long as there is a confirming signal for recovery, BTC will immediately regain its form and break out.
The strong technical foundation supports that view, a beautiful recovery weekly candle, and the whole situation will change.
The entire royal $ETH $SOL $BNB is also waiting for the king to lead the price increase again
#Fualnguyen #BNBholic #Asterians #writewithoutAI

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Bullish
They may not be among the top 10 largest-cap coins, but $ASTER and $HYPE consistently rank among the tokens with the highest derivatives trading volume, only behind the market’s major assets. The answer lies in the media hype and the influence of projects that are capable of creating trends. #Fualnguyen This further reinforces the market’s confidence in the potential breakout growth of these two governance tokens from leading decentralized derivatives exchanges. #writewithoutAI {future}(ASTERUSDT) {future}(HYPEUSDT) {future}(CAKEUSDT)
They may not be among the top 10 largest-cap coins, but $ASTER and $HYPE consistently rank among the tokens with the highest derivatives trading volume, only behind the market’s major assets.
The answer lies in the media hype and the influence of projects that are capable of creating trends. #Fualnguyen
This further reinforces the market’s confidence in the potential breakout growth of these two governance tokens from leading decentralized derivatives exchanges. #writewithoutAI
See original
I have mentioned $FIRO many times, it is a representative still in the Alpha stage of the privacy coins group. It will often have strong upward waves but still has many risks of quick adjustments. Note that Today, $PIVX and $XVG confirm a strong increase in transaction volume. #Fualnguyen #BNBholic #Asterians #writewithoutAI {future}(XVGUSDT) {spot}(PIVXUSDT)
I have mentioned $FIRO many times, it is a representative still in the Alpha stage of the privacy coins group.
It will often have strong upward waves but still has many risks of quick adjustments. Note that
Today, $PIVX and $XVG confirm a strong increase in transaction volume.
#Fualnguyen #BNBholic #Asterians #writewithoutAI
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Bullish
See original
The technology prince $ICP maintains the structure following positive information about the top AI & Big Data projects with the highest development activity in the last 30 days. As I mentioned before, ICP wants to tell its project story through the construction and development of infrastructure. Proven by the work efficiency of the Developer team Builders > narratives. #Fualnguyen #BNBholic #Asterians #writewithoutAI {future}(ICPUSDT)
The technology prince $ICP maintains the structure following positive information about the top AI & Big Data projects with the highest development activity in the last 30 days.

As I mentioned before, ICP wants to tell its project story through the construction and development of infrastructure. Proven by the work efficiency of the Developer team
Builders > narratives.
#Fualnguyen #BNBholic #Asterians #writewithoutAI
--
Bullish
See original
$MYX is the Alpha project that ranks among the top altcoins performing best in the last 90 days. MYX operates on very modern derivative DeFi, with a clever design to reduce slippage and optimize capital. The decentralized derivatives exchange is currently a new trend in the investment world, and MYX attracts attention with innovative ideas that serve the masses. #Fualnguyen #BNBholic #Asterians #writewithoutAI {future}(HYPEUSDT) {alpha}(560xd82544bf0dfe8385ef8fa34d67e6e4940cc63e16)
$MYX is the Alpha project that ranks among the top altcoins performing best in the last 90 days.
MYX operates on very modern derivative DeFi, with a clever design to reduce slippage and optimize capital.
The decentralized derivatives exchange is currently a new trend in the investment world, and MYX attracts attention with innovative ideas that serve the masses.

#Fualnguyen #BNBholic #Asterians #writewithoutAI

{future}(HYPEUSDT)
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Bullish
Today, total market capitalization has surpassed $3T, and most major assets are showing gains. Among them, $SOL is the strongest performer with a 4% increase. The tokens with the highest gains in the market are the “Made in USA” projects such as SUI, ENA, CC, $ARB , and $AAVE This movement could signal that Wall Street money is returning and that ETH is gradually regaining momentum for its next phase of growth. #Fualnguyen #writewithoutAI {future}(SUIUSDT) {future}(ENAUSDT) {future}(CCUSDT)
Today, total market capitalization has surpassed $3T, and most major assets are showing gains. Among them, $SOL is the strongest performer with a 4% increase.
The tokens with the highest gains in the market are the “Made in USA” projects such as SUI, ENA, CC, $ARB , and $AAVE
This movement could signal that Wall Street money is returning and that ETH is gradually regaining momentum for its next phase of growth.
#Fualnguyen #writewithoutAI
--
Bullish
Most of the major tokens have posted slight recoveries, but today’s total market capitalization still failed to reach the $3T mark. BTC continues to hover around the risky $82K level, as highlighted by Glassnode’s on-chain warnings. Although a considerable number of retail investors are still selling off, the buy-side absorption remains fairly solid, keeping the trading price close to $83K. Today remains another day of waiting for a clear bottom confirmation. #Fualnguyen #BNBholic #writewithoutAI {future}(BTCUSDT) {future}(BNBUSDT) {future}(ETHUSDT)
Most of the major tokens have posted slight recoveries, but today’s total market capitalization still failed to reach the $3T mark.
BTC continues to hover around the risky $82K level, as highlighted by Glassnode’s on-chain warnings. Although a considerable number of retail investors are still selling off, the buy-side absorption remains fairly solid, keeping the trading price close to $83K.
Today remains another day of waiting for a clear bottom confirmation.
#Fualnguyen #BNBholic #writewithoutAI

See original
At the DePIN Day event: Filecoin will announce major news related to DePIN infrastructure that will cause the price $FIL to immediately experience significant increases. - Filecoin Virtual Machine (FVM): a major advancement enabling smart contracts and programmable storage, attracting developers and DeFi applications. - Filecoin is expanding partnerships with AI projects, providing large-scale data storage solutions that are verifiable and censorship-resistant for AI models. - Integration with other Blockchains: Important partnership announcements, such as Solana using Filecoin's storage services to store block history, have generated significant attention and reinforced confidence in the utility of FIL. #Fualnguyen #BNBholic #Asterians #writewithoutAI {future}(FILUSDT)
At the DePIN Day event: Filecoin will announce major news related to DePIN infrastructure that will cause the price $FIL to immediately experience significant increases.

- Filecoin Virtual Machine (FVM): a major advancement enabling smart contracts and programmable storage, attracting developers and DeFi applications.

- Filecoin is expanding partnerships with AI projects, providing large-scale data storage solutions that are verifiable and censorship-resistant for AI models.

- Integration with other Blockchains: Important partnership announcements, such as Solana using Filecoin's storage services to store block history, have generated significant attention and reinforced confidence in the utility of FIL.
#Fualnguyen #BNBholic #Asterians #writewithoutAI
This week has been an intense one for $BTC. The weekly candle has just closed, breaking below the lower band of the Bollinger Bands exactly as expected. What was not expected, however, was how deeply the price pierced through it, accompanied by signs of extreme fear in the market. We can assume this large red candle represents the capitulation of many retail holders. On the positive side, the most intense area of price contention between buyers and sellers lies around the 99.9xx range — a sensitive zone where buyers had to make multiple attempts before finally waving the white flag and letting the price slide through. Trading volume has also started to taper off since then, indicating an imbalance of strength between the two sides and suggesting that the capitulation may only be temporary. (Figure 1) Another positive point is that despite such a precarious weekly close, the current trading price remains near the 1-year moving average (MA50), still far above the MA200, thereby maintaining the long-term bullish structure. At the moment, the structure around the -1 Standard Deviation zone on the Bollinger Bands has not yet fully formed to confirm the candle structure for the new week. However, a full recovery remains likely within the next 1–2 weeks as positive news about QE being initiated and the more transparent release of monetary injections into the U.S. economy emerge. We wait for a starting whistle that will prompt Smart Money to re-enter and revive the vibrant atmosphere the crypto market is known for. $ETH, the entire Make In USA ecosystem, and the broader market are waiting for Bitcoin’s leadership now more than ever. #Fualnguyen #BNBholic #Asterians #writewithoutAI
This week has been an intense one for $BTC.
The weekly candle has just closed, breaking below the lower band of the Bollinger Bands exactly as expected. What was not expected, however, was how deeply the price pierced through it, accompanied by signs of extreme fear in the market. We can assume this large red candle represents the capitulation of many retail holders.
On the positive side, the most intense area of price contention between buyers and sellers lies around the 99.9xx range — a sensitive zone where buyers had to make multiple attempts before finally waving the white flag and letting the price slide through. Trading volume has also started to taper off since then, indicating an imbalance of strength between the two sides and suggesting that the capitulation may only be temporary. (Figure 1)
Another positive point is that despite such a precarious weekly close, the current trading price remains near the 1-year moving average (MA50), still far above the MA200, thereby maintaining the long-term bullish structure.
At the moment, the structure around the -1 Standard Deviation zone on the Bollinger Bands has not yet fully formed to confirm the candle structure for the new week. However, a full recovery remains likely within the next 1–2 weeks as positive news about QE being initiated and the more transparent release of monetary injections into the U.S. economy emerge. We wait for a starting whistle that will prompt Smart Money to re-enter and revive the vibrant atmosphere the crypto market is known for.
$ETH, the entire Make In USA ecosystem, and the broader market are waiting for Bitcoin’s leadership now more than ever.
#Fualnguyen #BNBholic #Asterians #writewithoutAI
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