Always Book Profits at the Right Time!

One common mistake is to sit idly, waiting for prices to rise further, only to miss out on gains. To avoid this, I follow a simple yet effective strategy: watch the whales. When I see the big players taking profits from a coin, I know it's time to act.

1. Check Liquidation Levels on CoinGlass: Using CoinGlass, I observe the liquidation levels to see where the money is concentrated.

2. Sell Near Liquidation Levels: When whales start to grab profits, I sell near these liquidation points. Often, the price touches this level and then pulls back. Sometimes, it may go a bit higher, but it generally declines within hours.

By following this strategy, I've consistently managed to take profits at opportune moments, ensuring that I don't miss out on gains while others are caught up in the hype. Remember, in trading, timing is everything, and knowing when to sell is just as important as knowing when to buy.

#StartInvestingInCrypto #MicroStrategy #BlackRock #BinanceLaunchpool

US PPI data release today. Looking forward to the ETH ETF launch!

Selling Pressure is Over!

The German government created panic in the crypto market by selling off its Bitcoin. Despite this, the market absorbed the pressure, and now Germany's Bitcoin wallet is down to 9,094 BTC, just 18% of its original holdings.

After a series of transfers to exchanges, the wallet briefly dipped below 5,000 BTC but later regained some funds. With only a few BTC left, the impact of Germany's selling spree is diminishing.

#MarketSentimentToday #SOFR_Spike #CPI_BTC_Watch

Last Major News!

The last major news of July, the US Core PPI data, will be released in a few hours. Yesterday, we saw the release of the US Core CPI data. The PPI data could significantly impact the market, so it's crucial to hold your investments until this data is out.

Afterward, we have potential good news, like the expected ETH ETF approval and many others. With everything currently in a dip, now is a great time to invest before the next ETH ETF launch.

#MarketSentimentToday

SEC Clears Paxos!

SEC's decision to end its investigation into Paxos and declare $BUSD not a security marks a pivotal moment for stablecoins in the regulatory landscape. It provides clarity and potentially sets a precedent for how other stablecoin issuers will be viewed by regulators. This move could bolster confidence in the stablecoin market, reassuring investors and market participants about the regulatory compliance and legitimacy of these digital assets.

Don't Panic!

The German government has resumed its Bitcoin sell-off, moving about 3,100 $BTC worth around $178 million on July 9th. This substantial action could influence market trends, so stay alert and make informed trading decisions!

#MarketSentimentToday #BTC_Bounce_Back_to_57k

$WIF gains volume rapidly!

Don't miss TAO!

Danger Till Friday!

It's wise to pause your investments for the next couple of days as the upcoming CPI and PPI data releases can cause significant market volatility. These moments often become traps set by whales who are privy to information ahead of retail traders. While we, the smaller traders, await the news, the whales are already making moves based on their insider knowledge. Hold off on any investments for now. Let the storm pass, and you can safely resume trading this coming weekend

#MarketSentimentToday #BTC_Bounce_Back_to_57k

If You Could Choose One Project for the Next Bull Run, Which Would You Prefer?

Hold Altcoins!

Ready for potential market ups and downs this week due to upcoming news? Despite the imminent volatility, holding your altcoins could pay off significantly in the coming weeks.

The anticipated launch of the ETH ETF is just around the corner, promising a substantial rally for patient holders. This launch could mark the beginning of the altcoin season, where strategic patience might yield remarkable rewards.

#MarketSentimentToday

Few Hours Left!

Jerome Powell, the Chair of the Federal Reserve, is set to testify today about the Semi-Annual Monetary Policy Report before the Senate Banking Committee. Traders are eagerly anticipating his remarks, especially for any hints about potential interest rate cuts. Such signals can significantly impact the markets, particularly the crypto market, as lower interest rates are typically seen as positive for crypto prices.

Powell’s testimony is crucial because it provides insights into the Federal Reserve's stance on current economic conditions and future monetary policy. After delivering a prepared statement, Powell will engage in a Q&A session with committee members. This part is particularly important because the unpredictable questions can lead to unscripted moments, potentially causing sharp market movements in either direction.

#MarketSentimentToday #BTC_Bounce_Back_to_57k #BinanceTurns7 #SOFR_Spike

Ethereum ETF Update!

All Spot Ethereum ETF Applicants Filed Updated S-1's:

1. Fidelity
2. VanEck
3. Franklin
4. 21Shares
5. Grayscale
6. BlackRock

Let's Recap!

1. Total Net Inflow of Bitcoin Spot ETFs on July 8: $295 million. Highest inflow in the past 21 days

2. German Government BTC Sale: $915.3 million. Largest amount sold in recent times

3. Grayscale ETF GBTC Inflow: $25.0753 million (single-day)

4. BlackRock ETF IBIT Inflow: $187 million (single-day)

5. Fidelity ETF FBTC Inflow: $61.5378 million (single-day)

#MarketSentimentToday

Institutional Investors Are Buying!

Institutional confidence remains strong! Metaplanet acquires additional 42.47 BTC, leveraging the market dip

#MarketSentimentToday

Copy Trading: Think Twice!

Avoid copy trading because it's a trap that exchanges create to drive more investments. It’s like rote learning – memorizing without understanding. In rote learning, you memorize facts without truly grasping the meaning behind them. Similarly, with copy trading, no one knows what's ahead. People are lured in by appealing stats, only to find themselves trapped.

Ever wondered why giants like BlackRock or MicroStrategy don't engage in copy trading? They know this business model is flawed. It's the herd mentality at work. If it were a win-win model, why do traders lose even when following the most profitable traders?

Copy trading turns traders into groups, making it easier for manipulation. It’s much simpler to sway a group than individual traders. Think critically before you get caught in this trap!

#MarketSentimentToday #MtGoxJulyRepayments #SOFR_Spike

Avoid the Crypto Trap!

In the fast-paced world of crypto, it’s crucial to separate fact from fiction. Here’s a step-by-step guide to help you verify narratives and make informed decisions.

Step 1: Check Crypto Trends on Twitter/X

Monitor Conversations: See what the crypto community is buzzing about. For instance, if people are talking about a market crash and massive sell-offs, take note.

Step 2: Verify with the Liquidation Map

Turn to the liquidation map to see where most liquidations are happening relative to the current price. Are liquidations positioned more on the downside or the upside?

Against the Narrative: If liquidations are contrary to the prevailing narrative, trust the liquidation map over the chatter.

In Favor of the Narrative: If liquidations support the narrative, it’s likely a genuine trend.

Step 3: Stay Updated with Dollar News

Weekly News Check: Use Crypto Craft to review the week’s important news. Remember, whales often anticipate news events, so don’t be swayed by short-term tactics that may not have a lasting impact.

By following these steps, you can cut through the noise and make decisions based on solid data rather than hype.

#MarketSentimentToday #US_Job_Market_Slowdown #CPIAlert

Moment to be greedy!

Right now, the market is in a state of panic, and everyone is fearful. This is your moment to be greedy! If you notice, institutional investors often follow this same strategy. They understand that times of fear are the best times to invest.

The current dip has created a perfect buying opportunity for savvy investors

#MarketSentimentToday #BinanceTurns7

Last Chance to buy altcoins!

The market is experiencing a dip, and this is your golden opportunity to buy altcoins at prices you may never see again!

With the ETH ETF set to launch this month, altcoin prices are poised to skyrocket. Don't miss out on this chance to invest before the boom. Seize the moment and secure your place in the future of crypto!

#MarketSentimentToday #SOFR_Spike #US_Job_Market_Slowdown

Avoid These Habits!

1. Stop Constantly Checking Charts: Obsessively watching charts can lead to stress and impulsive decisions. Take a step back and look at the bigger picture.

2. Ignore Influencer Signals: Many influencers may not have your best interests in mind. Rely on your own research and analysis.

3. Avoid the Fear and Greed Index: This index can create fake emotions and drive irrational decisions. Stay focused on your strategy instead.

4. Shift from Trading to Investing: Instead of getting caught in the trap of minor market corrections, invest in Bitcoin and stick with your investment for the long term. This approach can yield better results and reduce stress.

#SOFR_Spike #US_Job_Market_Slowdown #BinanceTurns7