Trader’s Analysis

2021-05-27 15:09:49 Earlier today, news that bithumb will list $BNB - binance coin. That will increase the reach for binance coin because korean investors will be able to invest in $BNB via bithumb. Open / Comment

2021-05-21 18:20:44 According to some sources from China, the ban on mining is only restricted to mining operation run by coal fired thermoelectric power plants(a limited ban not a complete ban) and this has always been the case – not news. Mining operation based on hydroelectric power plant is not banned. There is a good chance this is just another FUD.

https://twitter.com/WuBlockchain/status/1395744914000863233?s=19
http://www.gov.cn/xinwen/2021-05/21/content_5610192.htm?ivk_sa=1023197a Open / Comment

2021-05-20 16:18:12 Market has just turned green. Looks like a good strong reversal coming. Hopefully its not a dead cat bounce. In general when BTC does a huge rally, it pushes most alts up as well because alt coins mostly pair against BTC. Open / Comment

2021-05-20 15:01:00 Open / Comment

2021-05-19 18:11:42 Elon tweeted and market just rallied slightly because “diamond hands” means he won’t be selling any more of his bitcoin. Open / Comment

2021-05-19 15:02:04 Market will turn bearish and expecting price to go down for awhile given that theres some restriction of cryptocurrencies in China. "China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions… Open / Comment

2021-05-18 17:20:19 Market will turn bearish and expecting price to go down for awhile given that theres some restriction of cryptocurrencies in China.

"China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading."

https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/ Open / Comment

2021-05-17 09:06:43 Open / Comment

2021-05-17 09:06:41 After elon musk tweeted, market is now bouncing back up Open / Comment

2021-05-16 15:02:24 Market seems to be stabilizing at the current prices. Some consolidation is happening. However, the Futures funding rates for ETH and also BTC seems to be on the high side. This also could mean we expect to see some high volatility soon. Meanwhile, most alts that are labelled as "eco" are also inching up, especially when Elon Musk is deciding which will be his "moon" coin. Good time to follow him on twitter and buy when he announces the coins he choose to accept for Tesla. Open / Comment