#PRA
Crypto Fear & Greed Index: 57

Yesterday, the index was 56.

When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.

Note: This indicator reflects the overall market sentiment.
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#TOTAL2 MARKET CAP UPDATE :

#TOTAL2 didn't moved alot and kinda consolidated in a range, and in the meantime forming a triangle pattern. We already saw the impact of this, as market is not moving alot too, and few altcoins moved. Well, now eyes on breakout by which the next drive in altcoins gonna decide. As Index hodling the support, so a bullish break is expected.

FTT tests the support area and the price bounced from there. If you have opened any long positions then increase your stop loss and hold the position. We may see a move towards the resistance area now.

Confirming our Euphoria zone status, we prepare for corrections. We identify the dominant market side during pullbacks using the Realized Loss breakdown metric. Short-term holders emerge as notably influential presently, meaning, Realized Loss breakdown metric (denominated in USD) to identify that short-term holders (recent buyers) are displaying a marked dominance at the moment.

Challenges and Limitations in Replicated Security?

There are challenges and limitations to the upgrade that will have to be tackled collectively by the Cosmos community.

The most notable challenge is that there is an economic limit to how many chains a validator could secure. If too many chains are onboarded, the cost of running a Cosmos Hub validator node becomes increasingly expensive, which would be harmful to smaller validators.

The other issue is that running a new node for each Consumer chain has increased operational cost, but there is little guarantee of returns because most consumer chains' revenue starts very low and increases with the adoption and use of the chain.

The concern then is that, in the short term, these challenges may undermine the financial security of node operators and the ability of RS to scale.

How Do We Solve These Issues?

For RS to successfully scale and become economically sustainable, it will need to meet the following conditions:

-> Successful Consumer chains,

-> Better revenue distribution, and

-> Reduced operational costs.

The limited number of chains that can initially be onboarded creates an incentive for the Hub to vet the projects that launch on RS carefully. To maximize its own expected value, the Hub should assemble a roster of the most promising applications and provide them with the support they need to be tremendously successful.

Once consumer chains start producing meaningful revenue streams, revenue distribution becomes the key to the scalability of RS. The better the distribution, the faster the validator set meets its expenses, and the sooner another chain can be onboarded.

Currently, the distribution of revenue is weighted by stake: validators receive tokens proportional to their share of the ATOM stake. Improving the distribution of the stake itself on the Hub would not only make RS more scalable, but it would also improve the decentralization of the network.

Finally, RS can also be monetized outside of the validators. ATOM 2.0 envisioned mechanisms to allow the Hub to accrue value from its economic zone of consumer chains. The proposal was eventually rejected, but some of the mechanisms it depicted may still be relevant to the Hub. Token swaps, for example, could be used to provide significant upside to the Hub while bootstrapping liquidity for the Consumer chains.

Bitcoin ETF products experienced inflows for the first time in five weeks, amounting to $130 million. The majority of these inflows, totaling $135 million, were observed in the US region. Additionally, Grayscale, a key player in the market, witnessed its lowest weekly outflows since January.

#PRA
#LPT/USDT analysis -

#LPT is currently making structure of higher highs (HHs) and higher lows (HLs) above the 200 exponential moving average (EMA). Currently, the price is in a correction phase and is trading above a support zone. It is expected to bounce off from there and continue its bullish momentum. Wait for a breakout above the $17.22 level to go long.

TF : 1h
Entry : $17.22
Targets : $19.67
SL : $15.82
@RG_Analitics
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Here's the Analysis of #PENDLE :

#PENDLE just felled hard and broke below support area of $4.06 - 4.13, and testing the zone as resistance now. Well, price is middle of no where and anticipation of moving lower is high but Market conditions is also turning, so waiting for a daily closure would be good to take short.

COMP analysis:

Price is currently trading within a triangle pattern, and a breakout may occur soon. It is advisable to wait for the triangle pattern to break before making new entries.

Support Area: $53.00-$53.50

Resistance Area: $58.00-$60.00

#PRA
#GMT/USDT analysis -

#GMT is forming lower lows (LLs) and lower highs (LHs) below the 200 exponential moving average (EMA). The price is currently facing rejection and reversing from the resistance zone. It is expected to continue bearish momentum and will likely to form new low.

TF : 1h
Entry : $0.2074
Target : $0.1931
SL : $0.2170
@RG_Analitics
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#BTC made a jump from here and with the session and hits the $63,500 and now correcting. Price made a Equals High and you know price moves from liquidity pool to another pool. Also we, have a news event today, so expected some movement with NY open.

Bitcoin bounced from the support area but was unable to keep the upward momentum. Price is now slowly going towards the support area and we may see a bounce from there. Today is FOMC meeting and we are expecting high volatility in the market.

#BTC.D UPDATE :

#BTC.D made a short-term up move with the #BTC in short span of time and made a new Higher High. Alts should dip lower, but moves was adjusted. Now, Index is above support, so we can see consolidation or correction in alts again. Nothing looks good above the support, must break it.

ETC is currently testing the support area as expected. It is advisable to open small long positions in the support area. There might be some accumulation at the support before the next upward movement. The support and resistance levels remain the same.

#US30 UPDATE :

#US30 goes as the plan and LTF buys plays good as well. Now its again up over the resistance and hodling the price. Now a clean retest should be taken for buys continuation and in case, price misses the zone, then you can go with LTF market structure break.

Having identified Short-Term Holders at a loss as a key group, we'll utilize Glassnode's new Breakdown metric suite to analyze their cost basis.

The cost basis of the 1m-3m 🟠 and 3m-6m 🟡 cohorts among newer investors provides valuable insights into bull and bear market structures. Additionally, the cost basis of the 1w-1m 🔴 cohort has proven useful for identifying potential local bottoms (in bull markets) and local tops (in bear markets).

#PRA
#TLM/USDT analysis -

#TLM is currently in a declining phase, moving downward after being rejected from the resistance zone. It's expected to continue falling and will likely test its previous swing low.

TF : 1H
Entry : $0.0160
Target : $0.0145
SL : $0.0170
@RG_Analitics
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Educational Post

What Is Revenge Trading?

Revenge trading refers to a psychological trap where traders try to quickly recover their losses, often leading to irrational trading decisions. Revenge trading can lead to a dangerous cycle of poor trading decisions, as traders start basing their trades on emotions rather than proper trading strategies.

How Does Revenge Trading Work?

Revenge trading typically occurs when a trader experiences a significant loss or a series of losses. Feeling the pressure to "make back" the lost funds, the trader deviates from their trading strategy, often increasing their position sizing or entering trades with higher risk profiles.

The trader's judgment is clouded by emotions, overriding the discipline and rules set in their trading plan. They may start ignoring fundamental risk management principles and market indicators, focusing solely on recovering their loss as quickly as possible.
For instance, imagine that after a heavy loss caused by an unexpected market downturn, the trader doubles down on another risky position to recover the lost capital. The new position bets against the recent downturn. Despite market indicators suggesting further decline, the trader sticks with the new position without any reason other than to recover their previous losses.

Consequences of Revenge Trading

Revenge trading can negatively influence traders both financially and emotionally. Financially, revenge trading often leads to further losses. It can also result in higher trading costs if trading frequency increases.

Emotionally, revenge trading can lead to stress and anxiety. It can also lead to a feeling of frustration and failure, which might deter the trader from following a systematic trading approach in the future. Furthermore, persistent revenge trading can result in burnout, causing the trader to lose interest and potentially stop trading altogether.

Trading is hard and can be very stressful. If you find yourself revenge trading, or failing to follow your trading strategies, long-term investing might be a safer and easier choice, especially for beginners.

Glassnode has reported that long-term Bitcoin holders, who had sold around 1 million BTC since late 2023, are now accumulating once again. This group has added approximately 70,000 BTC since the bottom of the cycle, as they see value in BTC's price consolidation above $60,000.

#PRA
After testing our SL level, #DODO has regained entry level and hit our target level ✅.
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