Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)

2021-06-17 06:38:59 25% of all ETH is locked in smart contracts

The percentage of Ether locked in decentralized finance smart contracts has reached an all-time high of 25%, around the same percentage as the last all-time high in 2016, except today that Ether is worth $63 Billion as opposed to $23 Million 5 years ago.

The narrative of Ethereum becoming the decentralized financial layer of the internet grows stronger as the amount of ETH in smart contracts rises to all-time highs, we’re keeping an eye on where that number goes from here as more than a quarter of Ethereum’s token supply is deposited into smart contracts.

On June 25, Ethereum will face its largest options expiry in 2021 as $1.5 billion worth of options contracts will be settled.

An “options expiry” is just the last date before an option expires. Before this date, its owners can choose to exercise the option, close the position to take the profit or loss, or let the contract expire worthless. Open / Comment

2021-06-15 07:08:50 $EOSUSDT Bluechip

I rarely make concentrated bets on tokens but the last time we did it with BNB at $6, you know how it turned out.
Block.One isn't here to bullshit. They have an idea will surely make it work. EOS has tremendous potential if the market isn't as boring as it has been in the last two weeks.

https://www.tradingview.com/x/mF2Jb6Lf/ Open / Comment

2021-06-15 06:57:24 $BTCUSDT Update

Price bounced off the yellow zone after a few attempts.
I haven't put up many posts lately. It just doesn't make sense to put out analysis that doesn't give out information. Here, we see good reaction from BTC and are currently moving to a higher level if these levels continue to hold.
What's exciting is the Fear greed index is still pretty low and could be an early indicator for reversal.

https://www.tradingview.com/x/7WJE2G8c/ Open / Comment

2021-06-10 12:27:23 This is news.

https://twitter.com/WuBlockchain/status/1402557803366072328 Open / Comment

2021-06-08 07:33:28 $BTC / USDT Update

Phew that was intense. We made a sensible move to sit on the sidelines. I'm gutted I didn't short this move. Probably because I see more bullish movement in the mid and long term to risk a short term short play.

Couple important takeaways from the chart. We are still under the weekly 21 and 34 which have now turned into resistance levels. A close below the white support line will further bash bullish momentum and could lead to some bearish strength. The fear and greed index is touching the liquidity hunt levels of May. I still prefer to sit out and wait for a confirmation before jumping in.

Don't burn your balance now and have nothing to trade when the time is right.

https://www.tradingview.com/x/3QsO0Z4k/ Open / Comment

2021-06-08 06:31:34 The absolute carnage you saved yourself from. Open / Comment

2021-06-07 10:32:00 Miners have sold over 5,000 BTC in the last week.

Now you know why we aren't trading.

A big portion of making good trades is timing the market well.
This just ain't the market I like.

I would rather let my money sit on the sidelines instead of burning it up in bad trades and fees Open / Comment

2021-06-04 10:19:48 Market unstable. Get out of your bags.

Scalper did well yesterday :) Open / Comment

2021-06-03 13:21:36 $ETH / USDT 4h First thing to look at is stable EMA. That basically sums up how boring and sideways the market has been. Yet, Ether has a long way to go with a strong close tomorrow. I'm looking for longer TF plays here as I see massive consolidation. This… Open / Comment

2021-06-03 13:18:49 $BTC / USDT Daily The close tonight is going to be crucial for further movements. My earlier trade idea stands. This is probably the best Risk reward you will get on bitcoin for the next 12 to 18 months. The expected time duration for this trade also heavily… Open / Comment