/root_wolves
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/root_wolves
It's running, good luck until the end $STRK
Nothing but good profit in $STRK, tp or hold just trust yourself
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/root_wolves
That's why? Sorry for being late for sharing https://cryptobriefing.com/blackrock-buys-500m-in-bitcoin-amid-geopolitical-tensions https://www.tradingview.com/news/newsbtc:8a00f9454094b:0-blackrock-crypto-outlook-ceo-predicts-500m-a-year-in-revenue-within…
https://www.tradingview.com/news/newsbtc:3c6f25524094b:0-bitcoin-s-record-miner-sell-off-casts-shadow-over-ceasefire-fueled-rebound/

Overall, this condition cannot be said to be purely bearish or bullish, rather neutral with a bullish trend. On the short-term bearish side, a large sale by Bitcoin miners (about 40,000 BTC) creates real supply pressure in the market. This makes the area around $78K - $80K strong resistance, not only technically but also because there is a distribution from the miner. As long as this supply has not been absorbed, prices tend to be held back, move sideways, or experience a light pullback

But behind that, the market structure actually shows bullish signals for the medium to long term. The sale of these miners occurs due to margin pressure (high costs, downward rewards), not due to loss of confidence in the market. Plus, a hashrate that stays up indicates the network is getting stronger, meaning large and efficient miners are taking over. This is the "cleansing" phase that historically often appears before the continuation of the uptrend

Most importantly, miners sell when prices go up, not when panic goes down. This shows the market has liquidity and demand strong enough to absorb large supply without crashing. In many previous cycles, this condition occurred in the early to mid-bull run phase, where the supply of weak hands slowly moved to strong hands such as institutions or whales

In conclusion, the current pressure is more to "temporary brake" in an uptrend, not a sign of a reversal. As long as the market is able to absorb this supply, the bullish continued potential remains open, with the possibility of consolidation first before a stronger breakout.
State of crypto 😂
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Binance alpha watchlists that I think are solid projects, no fomo

https://x.com/anoma
Diamond holders waiting year-end rally 😋
Forwarded from SpyDefi
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Achievement Unlocked: Conviction! 👩‍🎓

@root_wolves had the conviction to call DeFi United Fun... at a higher marketcap and it just hit x2+.

$1.2M ➡️ $3.3M

👁 View Call 📊 View Stats

🟦 RAVE - TRENDING #1
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Maymoon 🙇‍♂