The first week of September is about to end and the interest rate reduction remained for a little time. Moreover, Trump’s announcement of surprise decisions about Russia and China is possible soon. Daancrypto and Poppe tried to predict what was approaching by looking at the graphics today. BTC 111 thousand dollars and ETH 4.281 dollars finds buyers.
Ethereum (ETH)
Altcoin Increased negativity and net outputs in the ETF channel, even if the king resisted very much, led investors to reduce the risks. Altcoin investors have moved in mind that the risk of volatility, which has become standard before the FED, the risk of additional sanctions against Russia and China, the EU’s possibility of retaliation for Google.
Daan says that the shrinkage of daily candles in the ETH graph is a sign of volatility.
“Eth Daily candles are getting smaller. At some point, this will also result in a major increase in volatility. Follow the moment when the price starts to leave this local ~ 4.200-4,400 dollars. ”
Great movement in crypto currencies
Daancrypto Eth Looking at the graph, he said that. Poppe shared an ambitious assessment by saying, “Taurus markets are at the door. In his long analysis, he is looking for the answer to the question neden why markets do not rise ”. As you know, you’ve been stuck instead of BTC for a while, and the Altcoins did not give any general way this year.
“To date, the subcoins have not given what they want because they had nothing to do with individual investor. BTC and focused on ETH.
Time is changing, so I’m doing all-in to the subcoins.
The reason for this is that everyone tries to predict the summit of the bull market and I think 90 %will be wrong.
The main reason for this is that people still wait for the 4 -year cycle will continue, whereas realistic and statistically, we can say that the 4 -year cycle is no longer valid.
This depends on macroeconomic factors, business cycle and more real factors rather than web3 factor. The continuous flow of Web2 institutions has created a situation where markets have a long -term vision, which is Bitcoin
$111,210.80caused the volatility of the volatility.
Yes, there are corrections, but we see periods of recession that lasted for months before a new rise period.
IMPORTANT POINT:
– There is no indication that the bull cycle has reached the summit.
– Market sensitivity does not create a situation that shows that we are overly valued.
– EMAs don’t show that we’re approaching the summit.
The more interesting part is that we are in a correction process in which people predict that we have reached the summit or that we are starting to question it, whereas we are actually preparing for the next great breakthrough. “
In 2017, the exception of this was a single case after the BTC, which fell from $ 3,000 to $ 1,800, declined from 5 thousand dollars to 3 thousand BTC.
“Every bull market is longer than the previous one, so every month market is longer. Subcoins If a dotcom -like balloon is formed, we can see a longer bear market. ”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
