New war is coming, markets are going to get volatile again, be careful

SOLANA network halted 12th time this year

Market indecision continues. Until we get more action in the market, let's make Q&A.

Send me your questions to @FutureCryptoXXX

THe whole market if waiting for US inflation report today.

This information will definitelly cause new volatility in the market.

Let's see how new report will affect the markets

⚡️US inflation jumps to 8.6% in May, the highest since 1981

Historically Bitcoin price never stayed below the 200W Simple Moving Average (SMA) for more than a week.

Weeks 9/3/20, 10/12/18, 17/8/15, 12/01/15 all had wicks through up to 30% below with a bounce in the week(s) to follow.

📍 FOMC Week

Recent employment and inflation data points have given the Fed no reason to pivot from their hawkish stance that has forced widespread risk-OFF since November '21

Currently the market gives a 96% probability that the Fed delivers a 75bps hike on Wednesday.

Estimated leverage on bitcoin continues to grow and already looks menacing.

The next momentum could wash away a huge number of margin traders and draw a giant candle.

Be careful 🙏

🐋 Bitfinex whales are actively gaining longs.

More than 100,000 BTC open - a historical record. Only 3,000 BTC are open in shorts.

👉🏻 Longs started gaining back in early May, when the BTC  price was around $30,000.

Reason why you are not buying at this generational opportunity level is the same why you did not sell at 60K: greed & fear.

Greed because you think that you can time the absolute bottom.

Fear because you think it can drop further.

Forget about tops and bottoms, focus on strategy. 🙏

SOLANA - Weekly TF

Solana is approaching strong long-term support ($19.00-22.00).

We think buying in this area will be a profitable decision and good swing trade.

RSI on a daily timeframe is creating bullish divergence, one more sign that is making this setup even stronger.

Elon Musk 👀

Bitcoin 'Fear and Greed' Index has dropped to 7, Extreme Fear 😰

@coinchartists

https://t.me/coinchartists

Follow our new channel where we will do only technical analysis.

FED HIKES BY 75 BPS

📉 The U.S. economy declined 0.9% in the second quarter, meaning that the U.S. is technically in a recession.

Gross domestic product (GDP) declined at an annualized pace of 0.9% in the second quarter, marking two consecutive quarters of economic contraction.

While the report on Thursday morning was worse than economist forecasts of a 0.5% contraction, it was slightly better than "whisper" expectations for a decline of 1% or more. The Atlanta Fed's GDPNow tracker, for instance, predicted a negative 1.2% print for Q2.

I’m back 🫶🏻
anonymous poll

Finally, welcome back 🐐 – 99
👍👍👍👍👍👍👍 70%

Can’t wait for your technical analysis 🚀 – 43
👍👍👍 30%

👥 142 people voted so far.

Ripple - get ready to start accumulating 🚀

XRP is about to test the $0.30 support zone, the strongest on the chart.

This is where I will start accumulating XRP for the next bull run.

If you decide to follow, please take care of your risk and only invest money you're comfortable losing!