The Wolf Of Few Streets

2023-08-18 02:07:21 In light of rumors about Tether, there's been a reverse reaction of transitioning into Bitcoin. Not boring

A fairly quick recovery. It's still too early to judge the final outcome, but I just wanted to let you know that the situation is ambiguous.

The sequence of events is as follows:

News of Evergrande's bankruptcy prompts someone to dump a large volume -> against the backdrop of this volume, news emerges that Tether has investments in Chinese companies, causing market concerns -> this leads to a flow from Tether into Bitcoin. A closed loop. Open / Comment

2023-08-18 01:22:10 Interesting Open / Comment

2023-08-18 01:00:16 Manipulation amid the bankruptcy of Evergrande. The news came out about 40 minutes ago; I've been closely watching the market. Initially, the market didn't react much, but then someone seriously started to exit the market...

JUST IN: Chinese property giant Evergrande files for bankruptcy. Open / Comment

2023-08-18 00:49:30 The market is cheerful today, check your shorts Open / Comment

2023-08-17 09:16:32 We've returned to the demand zone with a slight delay, following the negative sentiment from the minutes and moving in tandem with the stock market. For the upcoming days, there are no major economic events on the horizon, suggesting the possibility of a minor sideways trend at this level. It's essential for the bulls to maintain the 28200 mark. Breaching this level might signal a potential drop towards 26800. Currently, I'm leaning towards a sideways pattern, and the spike forming on the H4 indicates that support at this level is still robust. There's a chance for a recovery to 29200 and a shift into a sideways. Open / Comment

2023-08-16 10:16:03 As expected, the sentiment is predominantly negative. There's a bit of a time lag, but I think we'll keep descending towards the 28800 zone. Soon, it will be clearer whether we'll rebound from that area again or if this time we'll drop further. At the moment, given the delays in ETF decisions and concerns about further rate hikes, it seems like the market wants to take a minor correction for a breather. Also, the FOMC minutes are expected to be released today at 18:00 GMT, and I'm not anticipating anything positive from it. Yesterday, the crypto market followed the stock market, and they both declined in tandem. I believe for a while, with no significant news in the crypto sphere, Bitcoin will be trailing the S&P. Open / Comment

2023-08-14 08:53:21 Today, in 2 hours, The Sandbox (SAND) will unlock 372 million SAND tokens, making up 16% of the total supply.

It may seriously affect the price in the near future. Open / Comment

2023-08-11 18:39:44 After the decision on the ETF and the overall situation in the market, negativity will probably prevail, and we will again be drawn to the 28800-28500 zone... Open / Comment

2023-08-11 15:31:49 And PPI released bearish…

U.S PPI (MOM) (JUL) ACTUAL: 0.3% VS 0.1% PREVIOUS; EST 0.2%

U.S PPI (YOY) (JUL) ACTUAL: 0.8% VS 0.1% PREVIOUS; EST 0.7%

U.S CORE PPI (MOM) (JUL) ACTUAL: 0.3% VS 0.1% PREVIOUS; EST 0.2%

U.S CORE PPI (YOY) (JUL) ACTUAL: 2.4% VS 2.4% PREVIOUS; EST 2.3% Open / Comment

2023-08-11 10:13:29 Today, the price of XRP soared to $1.47 on Gemini. This must be a new type of advertising for the exchange. Open / Comment