Notice of Removal of Spot Trading Pairs - 2024-05-17
https://www.binance.com/en/support/announcement/1f93ef0e7ac84561bec9741f3393b55b

Notice of Removal of Spot Trading Pairs - 2024-05-17
https://www.binance.com/en/support/announcement/1f93ef0e7ac84561bec9741f3393b55b

Bitcoin’s 90-day correlation with US equities has increased to 0.17, up from a multi-year low of just 0.01 in March. Despite this rise, Bitcoin's correlation with risk assets remains significantly lower than its bull market highs of over 0.6.

#TOTAL MARKETCAP ANALYSIS :

#TOTAL MARKETCAP broke the resistance trendline and taking it as a support now. Price kept on hodling it and formed a new support area, so its likely to see a push from here itself or there's a lower support zone around $2.08T - $2.12T where index could reach too. The range is also correlated with #bitcoin so its good to have a deep correction .

The spot price often reacts to the 1w-1m cost basis, a concept we explored in our research on short-term and long-term holder behavior. This is because recent buyers are more price-sensitive and likely to spend in the short term.

During bull market corrections, short-term holders typically increase their spending as the market declines. When the market price nears each sub-cohort's cost basis, their spending rate is expected to slow down, indicating potential seller exhaustion.

We use the 1w-1m realized price (cost-basis) as a guide to identify potential points of seller exhaustion in the near term.

#CPI Data is Out, an with a jump in #bitcoin too.

#PRA
#ARPA/USDT analysis-

The price is trading between ascending triangle pattern and if it gives breakout, then it has potential to go up.

T.F.- 1-D

ENTRY- as soon as it gives breakout i.e. above 0.07885-0.07890
SL- below the support line which is marked by green line i.e. 0.06440
TARGET– 0.103

Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
@RG_Analitics
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#PRA
#BTC/USDT analysis-

The price has formed head & shoulder pattern. If it gives trendline breakout then it has potential to go up.

T.F.- 1-D

ENTRY- as soon as it gives breakout above the trendline
SL- below the support line which is marked by green line i.e. 60180
TARGET 1- 73777
TARGET 2- 83250

Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
@RG_Analitics
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AI is experiencing a downside scenario, and the price retested the triangle after a breakdown. We may see a move towards the major support area, which will be the zone for accumulation.

Major Support Area: $0.81-$0.86

#PRA
$LINK has hit target ✅.
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#PRA
#WAVES/USDT analysis -

#WAVES is currently in an uptrend and trading near the 200EMA. The price is consolidating over a support zone, and there's an expectation for it to bounce off from there soon, continuing its bullish momentum. To go long, wait for a breakout of the $2.614 level.

TF : 1D
Entry : $2.614
Target : $4.183
SL : $1.984
@RG_Analitics
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Educational Post

What Is Risk Premium?

At its core, risk premium represents the additional compensation investors expect in return for taking on higher levels of risk. It serves as a quantitative measure of the premium or extra return required by an investor to justify investing in a riskier asset compared to a less risky alternative. Investors, in their pursuit of returns, grapple with the trade-off between risk and reward, and understanding risk premium is essential to making informed investment decisions.

How Does Risk Premium Work?

The concept of risk premium is best understood through the lens of different financial instruments, particularly bonds. Consider a scenario where an investor is comparing two bonds – one issued by a stable government with a low risk of default and another issued by a corporation with a higher risk profile.

In this scenario, the government bond, being less risky, would offer a lower interest rate or yield compared to the corporate bond. The difference in yield between the two bonds represents the risk premium. Investors will naturally expect a higher return for holding the riskier corporate bond, compensating them for the added uncertainty and potential default risk.

Risk Premium in Cryptocurrency Markets

The emergence of cryptocurrencies has introduced a new dimension to the concept of risk premium. Digital assets like bitcoin (BTC) and ether (ETH), characterized by high volatility and a relatively short market history, present unique challenges for investors.

In the context of cryptocurrency markets, risk premium can be substantial due to factors such as regulatory uncertainty, technological risks, and the potential for extreme price fluctuations. Investors in cryptocurrencies often demand a higher return to compensate for the inherent risks associated with this nascent and rapidly evolving asset class.

#PRA
#SOL/USDT analysis -

#SOL is on an uptrend, hitting new highs while trading above the 200EMA. However, the price is currently going through a correction phase and forming an inverted head and shoulder pattern. There's an expectation for the price to break out of this pattern soon and continue its bullish momentum. We can consider entering a trade once the price breaks above the neckline of the pattern.

TF : 1D
Entry : $159.95
Target : $202.73
SL : $134.60
@RG_Analitics
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Here's the Analysis of #OMNI :

#OMNI recently got listed in #binance and now kept on dumping/ correcting. Price moving inside the downtrend channel pattern, and there's no clean area of support looking left. Only a buy can be taken from the supporting Trendline, which is also a high risk entry, to take is accordingly with lower lots.

REZ Analysis :

REZ is a recently listed project in binance and going through the correction now. Price moving within the tight falling wedge pattern and nothing clean on the left to act as support. Only thing we can do is wait for the breakout of the falling wedge pattern, thats also a risky one to take it, so act accordingly.

#PRA
#CHR/USDT analysis -

#CHR is on an uptrend and making new highs on the higher time frame (HTF). The price has recently broken out of the trendline and is currently staying above the 200EMA. There's an expectation for it to maintain its bullish momentum and potentially test the previous swing high.

TF : 1D
Entry : $0.3358
Target : $0.5462
SL : $0.2394
@RG_Analitics
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#BTC made strong push with the market conditions and was accelerated by the CPI news. Price is now trading over the $65,000 level which is good and also broke the marked resistance too. Expecting a continuation in the upmove, and also minor pullback came kick in.

Bitcoin has surged due to the US inflation data. The price has managed to break above the $65,000 resistance zone and is holding steady. This is a good sign for the market, and we may see a continuation of the upward movement.

#TOTAL MARKETCAP UPDATE :

#TOTAL MARKETCAP bounced from the mentioned support zone, and reached the resistance at one shot. Currently, index is struggling to break the zone, and a successful break will open the gates for new mid-term alt-season. Next resistance and liq. pool at $2.40T area.

SUI has broken the falling wedge pattern in an upward direction as expected. If you have opened long positions, the current spot position is currently in more than 15% profit. The price is currently testing the resistance area, and a break of this resistance will send the price towards a major resistance area.

Major Resistance Area: $1.38-$1.44