Crypto Market | Rad
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Analysis of cryptocurrency market done by Mehdi Rad

https://www.tradingview.com/u/mehdi-rad/
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We can continue to patiently look for a sell position....

@cryptoMarket_en
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The fear and greed index has reached the lowest value of the past two years. This means we are closer to the bottom than to the top.

@cryptoMarket_en
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As usual, many people are afraid of the market and think that Bitcoin and the market will be destroyed, just like the Luna crash, the FTX bankruptcy, or the COVID period.

Let me remind you that when COVID came in 2020, everyone thought that the human race was going to be extinct. The futures of oil saw a negative $16 (you read that right, negative $16!). Who else thought of Bitcoin? But the market bottom was reached at the same time. Of course, I am not saying that the market bottom is here, but if there is an economic crisis, we will probably go lower, but not more than that. [Personal opinion]

@cryptoMarket_en
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Crypto Market | Rad
under $17,500 with a long term view.
Twenty-one months ago, I bought Bitcoin at $17,500. I also bought Ethereum at $1,100 and $850 and announced it on Instagram.

But today I say to myself, I wish I had bought more. At that time, everyone was fleeing the market, and there was blood everywhere!

But... where has it fallen a lot now? Maybe there is an opportunity to buy there...
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This is the TVL of the Fantom network. TVL stands for the total value of locked tokens or, in simpler terms, the total asset used in DeFi (staked or locked). Currently, its TVL is approximately 100 million dollars. However, before 2022, during the bull run, Fantom's TVL reached 8 billion dollars! This was due to the incentives that the Fantom Foundation provided to the protocols. Now, they aim to make Sonic a trend by following the same procedure and have allocated 200 million FTM as incentives (source). This amount is so significant that if we assume the token's price does not surpass half a dollar, it is equivalent to 100 million dollars! This will likely occur again, attracting a substantial TVL to Sonic, which will ultimately lead to the growth of the S token.

Unfortunately, Fantom is a relatively inactive blockchain. I'm not sure why this network isn't getting the attention it deserves (admittedly, I haven't studied it in depth), but based on past experience and these new incentives, it seems that the funder knows how to make trends during a bull market. As a result, the price of the token is likely to increase.

To receive the Sonic Airdrop, I believe you need to have at least 110 sFTMx in your wallet. [Of course, this might not be sufficient.]

@cryptoMarket_en
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Telegram founder and CEO Pavel Durov arrested in France by National Anti-Fraud Office
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20% drop in TON following the news of Pavel Durov's arrest

Of course, beware that the blockchain does not belong to one person. Rather, traders have become pessimistic about its future with this arrest.

@cryptoMarket_en
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Apparently, unrelated accusations were made against him, and he will probably be fined.

@cryptoMarket_en
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#FLOKI 2H

If Floki rises, you could open a sell position in the short term.

It is likely the start of a downward trend.

@cryptoMarket_en
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#FLOKI

If Floki rises again, you could open a sell position in the short term.

If the funding rates are high, do not open a position.

@cryptoMarket_en
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The difference between a trader and a holder in crypto

🔰 The trader trades regardless of whether Bitcoin is $100 or $100 million. The trader is not concerned with bull and bear markets, etc. The trader has a trading strategy based on which they trade.

🔰 A holder is someone who buys currency in the crypto market for the long term and keeps it for a bull run. In the crypto market, the holder may suffer a high unrealized loss, but by holding and being patient until the bull run, they will receive their reward.

🔰If a trader can make a profit of 50% a year on the capital they have allocated to trading [and calculates the risk accordingly], it is great! Note that the yield of U.S bonds, now that the interest rate is high, is about 5% per year, and if the interest rate decreases, this yield will also decrease. The average return of the S&P 500 and the average return of Warren Buffett's one-trillion-dollar fund are both 10% per year! So a 50% return in dollars for a trader per year is a dream!

🔰But if the holder buys in the right place (for example, don't buy at the beginning of a bear market) and is patient and not greedy during the bull run, they might make a profit between 500% and 2000% or even more. But be careful; not every coin can be bought. Many coins are scams.

⚠️Each has its own risks.

@cryptoMarket_en
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#SOL

Long.

I may add to this position one or two more times. Manage your risk.
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The market cap of Tether continues to grow...

@cryptoMarket_en
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