#BTC tried hard to move up and but rejected strongly from the resistance line. Well, anticipating overall, price to drive down till $25,470. Also, we have a strongly Rejection on weekly closing, Analyzed Here.

#STMX given a strong breakout of the small channel pattern and might go lower. Now, this can be potential setup to take and target the lower supports. Market Structure is still bullish at this moment, so take it accordingly.

#TOTAL MARKETCAP UPDATE :

#TOTAL MARKETCAP did what we anticipated and short-term rally won't last long. Index made a strong and deep retest of the major support zone of tried to turn it out bullish and potentially making a Head & Shoulder Pattern . Still, mapping it in a mechanical way it will be considered as bearish.

MicroStrategy Acquired Another Bag of #Bitcoin which worth of $147.3M.

Now there total Hodlings is 158,245 #Bitcoins 👀

What is 80/20 Rule ?

The 80/20 rule, also known as the Pareto Principle, is a general principle applied across various domains, including cryptocurrency investments. In essence, it suggests that roughly 20% of the inputs or efforts contribute to about 80% of the outcomes or results. When applied to crypto investments, this principle offers valuable insights into the distribution of wealth, returns, and activity within the cryptocurrency market.

In the world of crypto investments, the 80/20 rule can be observed in several ways. Firstly, a relatively small percentage of crypto investors, often referred to as "whales," tend to hold a significant portion of the total cryptocurrency wealth. These whales, who make up approximately 20% of the investor base, control about 80% of the total cryptocurrency assets. Their substantial holdings can exert substantial influence over the market, making their trading decisions closely watched by other participants.

Moreover, when analyzing the performance of various cryptocurrencies, the 80/20 rule comes into play. Approximately 20% of the cryptocurrencies dominate the market in terms of trading volume, market capitalization, and overall recognition. Prominent cryptocurrencies like Bitcoin and Ethereum fall into this category and are responsible for about 80% of the market's activity. This concentration of interest and investment in a select few cryptocurrencies underscores their significance in the crypto ecosystem.

Furthermore, the 80/20 rule can also be applied to crypto investment strategies. A small fraction of investors, often around 20%, tends to achieve the lion's share of returns from their cryptocurrency investments. These successful investors may possess a deeper understanding of the market, a keen sense of timing, or a diversified portfolio that maximizes their gains. The majority of investors, on the other hand, may see more modest returns or even losses due to a lack of knowledge or the volatile nature of cryptocurrencies.

Here's the Analysis of #ONG :

#ONG moving in a very big range and rejected several times over the resistance zone of$0.375 - $0.384. Currently, price is bouncing-off the support zone of $0.190 - $0.199 and kinda very wicky chart, which implies low volume in the coin. Nothing can be done here, wait for the price to flip either side of the zone.

#BTC taking the short-term retracement to the upside but overall anticipation is the same. More over, price is at structural resistance area and now might move lower.

#TOTAL2 (Altcoin MarketCap) :

#TOTAL2 did a again made a retest back to the support after having strong rejection from same zone of $490B - $496B. Overall, Still its showing bearishness. Always remember, buys will be short-term unless, #BTC shows sign of strength.

#Binance’s seven-day average #Bitcoin spot volume has fallen by 57% since September 1, with volume down 48% across exchanges overall

What is AirNode ?

Airnode is a concept in the world of blockchain and cryptocurrency that might seem a bit technical at first, but we can break it down simply. Think of Airnode as a bridge or connector between the real world and blockchain systems.

Imagine you have some data or information in the real world, like weather updates, stock prices, or even something as simple as a bus schedule. Airnode helps bring this real-world data onto the blockchain. It does this by collecting data from various sources, like websites or databases, and then securely sending it to a blockchain where it can be used in various applications.

One of the key features of Airnode is that it's designed to be highly reliable and automated. It can work 24/7 without human intervention, ensuring that the data on the blockchain is always up-to-date and accurate. This makes it very useful for decentralized applications (DApps) and smart contracts that rely on real-world information.

So, in a nutshell, Airnode is like a trustworthy messenger that brings real-world data into the blockchain world, helping blockchain applications and contracts function smoothly and make decisions based on the latest information.

Here's the of #SUSHI :

#SUSHI is been trading near to its ATL(All-Time Low) and nearby its last support level $0.472 - $0.551. Currently, price is moving in the range and also on the support zone. Well, not expecting the support to hodl, so better to wait for the further price action to develop.

Notice of Removal of Trading Pairs - 2023-09-29
https://www.binance.com/en/support/announcement/c3db74e44cd74bf8af1e3796dce7e14b

#BTC did nothing as of now, price just moving back and Forth below of the nowhere. Price still hodling above the $25,000 mark, which is good but its more than a month now, in the phrase of accumulation. Hopefully, We'll see some Movement in the October Month

#DXY give a breakout of the resistance zone and moving up after giving the retest of it. Well, looking at the co-relations #Bitcoin should dip down,but instead price hodling. Well, if this bullish continues then we might see some strong moves over the market.

For the Long-Term Holder cohort, their profitability is gradually increasing, although is still historically low, and has only left the minus one standard deviation band a few months ago. Whilst this is a constructive trend, over 26.7% of LTH supply is underwater relative to their acquisition price, and well below the all-time-mean.

Whilst 2023 has been a fairly reasonable recovery for Bitcoin and digital assets, these findings would suggest there are still several psychological cost basis barriers that must still be overcome.

What is Apeing ?

Apeing is when a cryptocurrency trader buys a token shortly after the token project launch without conducting thorough research, usually because they are fearful of missing out on potential gains that could be lost if they hesitate in order to conduct due diligence.

The term apeing became popular during the 2020 "DeFi Summer" when sudden and unannounced token project launches led to a small proportion of traders making significant profits from buying those project tokens within a very short time frame after the initial launch.

As stories of these substantial gains leaked onto social media, subsequent traders tried to emulate them by buying the tokens of any freshly launched project without conducting thorough research. This ‘low IQ’ approach to selecting tokens to buy is what gives apeing its name.