₦airaland Forum

cmoney22222:
Btc.d why nah?

Does anyone still believe this dominance thing will impact the alt rally? What if dominance crashes and nothing happens in this shitty market?

1st is Phasing Analysis (PA), before Technical Analysis (TA).

The result of PA is usually use to enhance TA.

GRACEGLORY:
BTC charts presents a long wick to the downside, and at least, 50% of wick get filled most often than not. 50% of wick @116K support, resistance @$118,955. Break of $116K opens door for $114K-$113K possibility to finish unfinished business.

Trading Psychology

I'm happy BTC flipped the $118K resistance for support, but if it can't maintain the $119K, then the $118k, and that opens the door for $116K. $113k, 116, 118, 119K whatever... If you're wondering, BTC isn't in a bear mode.

omoluka:
Does anyone still believe this dominance thing will impact the alt rally? What if dominance crashes and nothing happens in this shitty market?

It's quite simple, sir.

Bitcoin dominance measures BTC's market cap as a percentage of the total crypto market cap. When BTC dominance rises, it often signals investor preference for Bitcoin over altcoins, leading to capital flowing out of altcoins and into BTC, causing altcoin prices to drop. Conversely, when BTC dominance falls, investors may shift funds to altcoins, boosting their prices. This dynamic occurs because Bitcoin is seen as a market leader and a safe haven, influencing overall market sentiment and capital allocation.

GRACEGLORY:
It's quite simple, sir.

Bitcoin dominance measures BTC's market cap as a percentage of the total crypto market cap. When BTC dominance rises, it often signals investor preference for Bitcoin over altcoins, leading to capital flowing out of altcoins and into BTC, causing altcoin prices to drop. Conversely, when BTC dominance falls, investors may shift funds to altcoins, boosting their prices. This dynamic occurs because Bitcoin is seen as a market leader and a safe haven, influencing overall market sentiment and capital allocation.

I know all these bro, I don't see any appreciation in altcoins prices when dominance drop from 64% to 60%

omoluka:
I know all these bro, I don't see any appreciation in altcoins prices when dominance drop from 64% to 60%

That means you don't know all these, because if you know, you'd have understood it's a process.

CRV is calling attention to Wormhole


Wormhole is one of the leading cross-chain protocol, enabling secure transfer of data or tokens across the top blockchains, including Ethereum, Solana, Sui, and Injective

Wormhole (W), enables CRV to move across blockchains (e.g., from Ethereum to Solana or Arbitrum), Wormhole attracts users who hold or trade CRV and want to use it in multichain DeFi ecosystems. Higher transaction volume through Wormhole’s bridges can increase its relevance and adoption in the DeFi space.


Pay attention, you may want to research further.


Price: $0.8

omoluka:
People are still buying all these meme coins with quadrillion-level supplies and no proper burning programs. I’ve been holding Babydoge for over four years, but the price is still at the same level. This coin is one of the most popular meme coins, with its official Twitter account boasting over 2.7 million followers. There are also many other Twitter accounts promoting it.

However, the team behind this project has failed to listen to what the community wants, which is to reduce the supply through massive burns, ideally bringing it down to the trillions. This would give the price a chance to appreciate and allow the project to compete with top meme coins like Shiba and Pepe.

At this point, I don’t know what to expect from this coin anymore. The supply is ridiculously high, and the team doesn't seem ready to reduce it through large-scale burns. 🤔

What stops you from dumping it, instead of you lamenting😂🤣

Just so every unbulliever know, you can't make a tangible profit out of this market because of your unbullief. Your one leg in and one leg out won't profit you much. And those with their two legs out waiting for the greatest dip of all time to gain entry shall get sidelined. The ones shorting the market seeing it as profit shall bite their finger.
There's a lot of buzz ongoing around ETH, but the actual action shall begin above $4.2K

When rate cuts?

If not tomorrow then August is inevitable.

Deasegun19:
When rate cuts?

omoluka:
Does anyone still believe this dominance thing will impact the alt rally? What if dominance crashes and nothing happens in this shitty market?

You sell and start farming work. 😎 🦙🌽🐄🐓🐷

If you are getting tired of the market, take a break and come back by December... Focus your attention on something else. The better.

Smithwilliams826:
You sell and start farming work. 😎 🦙🌽🐄🐓🐷

cmoney22222:
If not tomorrow then August is inevitable.

Finally we can breathe

Let us breathe

How do you mean,,


There is fed meeting tomorrow....The data don't look so favorable to cut rate yet but Trump is pressuring Powel to cut rate....if they don't cut tomorrow...They will cut in August

The probability is low but August is very high.

Ideally the next 2 to 3 months should be good for alts because of Rate cut...because alts are still seriously lagging behind

The biggest catalyst for bull now is Rate cut which will happen in Q4

My 2 cents anyways

Deasegun19:
Finally we can breathe

Let us breathe

cmoney22222:
How do you mean,,


There is fed meeting tomorrow....The data don't look so favorable to cut rate yet but Trump is pressuring Powel to cut rate....if they don't cut tomorrow...They will cut in August

The probability is low but August is very high.

Ideally the next 2 to 3 months should be good for alts because of Rate cut...because alts are still seriously lagging behind

The biggest catalyst for bull now is Rate cut which will happen in Q4

My 2 cents anyways

cmoney22222:
How do you mean,,


There is fed meeting tomorrow....The data don't look so favorable to cut rate yet but Trump is pressuring Powel to cut rate....if they don't cut tomorrow...They will cut in August

The probability is low but August is very high.

Ideally the next 2 to 3 months should be good for alts because of Rate cut...because alts are still seriously lagging behind

The biggest catalyst for bull now is Rate cut which will happen in Q4

My 2 cents anyways

🤔

My personal conviction sha.

omoluka:
🤔

cmoney22222:
How do you mean,,


There is fed meeting tomorrow....The data don't look so favorable to cut rate yet but Trump is pressuring Powel to cut rate....if they don't cut tomorrow...They will cut in August

The probability is low but August is very high.

Ideally the next 2 to 3 months should be good for alts because of Rate cut...because alts are still seriously lagging behind

The biggest catalyst for bull now is Rate cut which will happen in Q4

My 2 cents anyways

this is the kind of contribution I expect from you brother…
Wagmi 📍

Smithwilliams826:
If you are getting tired of the market, take a break and come back by December... Focus your attention on something else. The better.

Can’t agree more.
Zoom out📍

Emmizay12:
This is not a cmoney problem

Nairaland itself is dying

We are what makes up nairaland. If it’s dying, the blame is on us.

MamaFutures:
Most Altcoin Holders Would Rather Die in Silence than to Voice out their Experience.

The bitter truth is that, BTC trend is useless, if your bag of Altcoin does not pump to your entry price.

Ever since I turned my back against this thread, nothing good has & would ever come out of it.

GRACEGLORY:
Sorry Bro, slow response, mention was oversighted. Apologies.

Well, news I'm looking forward to, ALTs ETFs, Fed lowers interest rates, ETH ETF staking, more passed crypto bills, BTC doing multiple highs. And then, our time shall come.

Good morning, sir.

ETH ETF staking✅, more passed crypto bills✅,

TODAY, I VIEW

1. The FOMC decision at 7:30 p.m. today

2. The White House's first crypto policy report, due today under the Trump administration,

GRACEGLORY:
TODAY, I VIEW

1. The FOMC decision at 7:30 p.m. today

2. The White House's first crypto policy report, due today under the Trump administration,

Nigeria time or UTC bro?

Smithwilliams826:
Nigeria time or UTC bro?

Nigeria, sir

Paws just dey make me happy.

Many anticipate a pause in today's report, but what if the results are unexpected? What if this is the long-awaited time. I feel you have nothing to lose by staying in spot. Even if it goes to zero, it will increase. However, if it surges, you will end up buying more expensively and shortchanging yourself. The former would just restrict you from adding more to your bag. I always hope for the best. I AM A WINNER

GRACEGLORY:
Many anticipate a pause in today's report, but what if the results are unexpected? What if this is the long-awaited time. I feel you have nothing to lose by staying in spot. Even if it goes to zero, it will increase. However, if it surges, you will end up buying more expensively and shortchanging yourself. The former would just restrict you from adding more to your bag. I always hope for the best. I AM A WINNER

The long awaited time is here.

Yes yes yes

All news dey indicate no rate cuts.

I believe the opposite will happen