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Enthusiastic individuals have discovered a way to create their own unique cryptocurrencies, referred to as shitcoins, and they are quite thrilled about it. The current market shows a significant increase in transaction fees, a rise in activity and the emergence of new startups. These developments have contributed to the revival of the primary market, and… Read more

Attention to both bullish and bearish traders! DXY is currently showing an interesting pattern called a double bottom, forming on a resistance level that has been in place for the past 8 years. This resistance level is now acting as support, indicating a bullish macro outlook. In the medium term, there is a strong possibility… Read more

Greetings and I hope you’re staying safe during these turbulent times. I’d like to share some insights on the current state of the market and explain why Bitcoin continues to be the supreme coin of crypto, the king. As we can see, many altcoins are either hitting new lows or revisiting their June lows, while… Read more

  One way to determine if BTC has reached its peak is by comparing the revenue generated from fees versus rewards in the market. This phenomenon occurred in 2017 and 2021, which indicated a bearish reversal. Currently, the same situation is unfolding, as the fees have surged beyond the levels seen in 2021. This development… Read more

This analysis aims to provide a simple and unbiased outlook for both bulls and bears. If the resistance level at 402-414 B is broken and sustained, we may witness a short-lived but aggressive mini alt season and subsequent pump. During this time, strict risk management is crucial to maximize short-term investment opportunities. A true ALT… Read more

For the first time since June 2022, BTC bulls have managed to break above 30k. However, I don’t plan to deploy my capital back into crypto until late Q2-Q3 this year when I get bullish. In my opinion, BTC is going through a distribution phase where everyone becomes extremely bullish, even as the economy looks… Read more

The SPX appears bearish as indicated by the formation of a head and shoulders pattern and the RSI approaching strong descending resistance since September 2020. Due to this, I am increasing my shorts and targeting a potential bearish scenario with best-case targets between $3.4k to $3.2k. While technical analysis can provide valuable insights, it is… Read more

It’s impressive to see how Arbitrum has gained momentum in a short period of time, reaching a TVL of $2.25 billion. In comparison, Bsc and Tron are currently standing at about $5 billion each ($5.05b Bsc & $5.38b Tron).  It’s important to note that Arbitrum’s total value locked (TVL) currently stands at 4.48%, while BSC… Read more

It is important to note that the current bear market in the crypto industry is unlike previous ones and may last for several years. Therefore, I strongly advise individuals to exercise caution and thoroughly research before making any investment decisions. Investing in crypto can be extremely volatile and risky due to potential manipulation and unpredictability.… Read more

A macro analysis of Bitcoin suggests that the recent surge in price from $15k to $28k was not indicative of a bull market, as it was largely influenced by big players’ future orders and a massive short squeeze back in January 2023. While those with less than 1 BTC kept buying, whales with over 1,000… Read more