Crypto Magazine

🥇 Bitcoin transaction fees reached all-time-high “Exceeding US$128 on average, on-chain movement fees reached the highest value in their history.”

#ARB Sage is pleased with your activity and choices in the poll - a great opportunity to break down a potentially strong asset that I think will show phenomenal growth yet. Globally, Arbitrum is moving in a strong upward channel. Unfortunately, the spring was not the best for the coin... From the winter high, the asset lost more than 60% of its value, thus returning to the zone of annual accumulation. The coin was saved from a deeper correction by a strong support zone at 0.9920-0.9077$, after the price was quickly bought back. At the moment there was a consolidation above the level with increased volumes which in turn speaks about the strength of the buyer. The hardest task will be to overcome the resistance zone at 1.3976-1.2585$, but I think this token will be able to do it! In the current situation ARB looks extremely promising. The goal for the near future is to renew the maximum of 2.4080$. In general, it is already possible to start buying this instrument. The entry is best divided into several parts. Here is the formula for a successful trade: 3% market + 3% 0.9500$.

📁 Central banks are STOCKING UP on gold: Since 2022, 🇨🇳 China has bought a record ~290 tonnes of gold. Last year alone, China acquired more than 225 tonnes of the metal.

Just two days and 130 blocks after Bitcoin’s halving, miners have already earned 1,675 BTC, valued at $109 million. Impressively, 75% of this, equivalent to 1,262 BTC worth $82 million, came from transaction fees. This amount significantly surpasses the 1,349 BTC collected in fees from April 1 to April 19, illustrating a sharp increase in miner revenue from transaction fees in a remarkably short period.

Gentlemen, the long-awaited halving of #BTC💰 has taken place! The reward for the block decreased from 6.25 BTC to 3.125 BTC. The news is definitely good, but it's worth remembering that it's definitely not worth hoping for growth and the start of a bull market from the current levels. Keep in mind that after halving, as a rule, there is a spill with subsequent exhausting accumulation. - I warned you about this already, you can re-read this post. From a technical point of view, it's not that bad. The extreme plums were almost instantly bought back, giving no hope for a deeper correction. This indicates the presence of a strong buyer on the chart. At the moment the price has risen and consolidated above the key resistance/support zone($62988). A global parallel channel has been formed in which the price is moving. I think that the probability of growth before the ATH update at 73777$ is huge, at least there is no sense for the market-maker to start correction from the current level, because when reaching the mark of 72k$ the short positions for4mln$ will be liquidated ! To summarize, I would like to say that the most wise and logical option is the growth up to 73-75k$ - there will be a cascade of liquidations, after which it will be possible to make a takeout in the other direction.

📊The security and decentralization of the Bitcoin network has improved markedly since 2020. The US leads with 40% of global hashrate, followed by China and Russia with 15% and 12%. The network's resilience to attacks has also increased, while requiring 5 times more computing power.

#BTC💰 Miners are saving up for now. The total balance of BTC miners has increased by 12,100 BTC since the beginning of the year and amounts to 217,000 BTC. The arrows on the chart show the behavior of miners (accumulation/distribution) after previous halwings. We are waiting for the halving.

🎉 Welcome to a Post-Halving World 🥇 The much-anticipated fourth Bitcoin halving is now a part of history, and here's what it has brought us: At block 840,000, the miner's reward was successfully halved from 6.25 to 3.125 BTC per block. This historic block was mined at 02:09 Central European Time, boasts a size of 2.33 megabytes, and contains approximately 3063 transactions. The outcome? The daily production of new Bitcoins is now halved to 450 BTC, and Bitcoin's inflation rate has dropped from 1.8% to just 0.85%. In comparison, the stock of gold, Bitcoin's physical counterpart, grows by an estimated 1.6% annually, with a steady trend. Bitcoin has thus reached a new milestone and is officially scarcer than gold. After the halving, comes the anticipation of the next. The forthcoming fifth halving is scheduled for the year 2028 at block 1,050,000, which will further reduce the block reward to 1.5625 BTC.

Gentlemen, here is a review of Ripple - #XRP💰 Let's start with the chart analysis, where we can see that the price movement is in a descending channel. The asset has already updated its local minimum, having tested the mark of $0.4185 , after which, as on a lot of altcoins, an immediate buyback was received, which left behind a long liquidity wick. We would like to see a decline soon, at least to the 0.5 level($0.4477) of this very wick. If after that we don't get a buyback, the fall may continue up to the test of the lower boundary of the channel, and this is a very deep correction! - A wise man should always calculate all variants of movement, so we do not exclude the growth and in case of breakdown and fixing above the main resistance level (0.5293$) we will think about the beginning of buying the asset. In general, I do not really like what is happening on the market. There is clearly some tension.

What a great looking #TWT🔹 Oh what an uptrend this asset has - straight up very powerful. So many good reactions from it. So, maybe this time too will not be an exception. If to buy now on the spot, I would recommend to do it on a small volume, and leave the main part for buying at 0.7104$ - I would like to see the removal of stops and synchronization with bitcoin. From this level we will definitely get an initial reaction upwards, but in the medium term we are interested in the level of 1.88$ - it is to this levelI advise to aim for, so as not to overestimate the targets....

💰#BTC Whales continue to accumulate BTC. Since March 1: 1000 - 10,000 BTC wallets balance increased by 80544 coins balance of wallets 100 - 1000 BTC increased by 43489 coins balance of wallets 10 000 - 100 000 BTC increased by 91732 coins. They know what they are doing.

Today I want to dive deeper into the topic of DEX exchanges and local prospects #DYDX We continue to select altcoins both for our spot portfolio and for medium-term trading; Today we are up for analysis of the token of a unique decentralized exchange - #DYDX. This asset looks most interesting in the perspective of several months: the recently started upward trend on higher timeframes, large funds Paradigm and Polychain as investors, as well as the Andreessen Horowitz fund already familiar to us from #APT. Speaking of uniqueness: dYdX is the first DEX to gain popularity that does not operate on a liquidity pool system like the popular #UNI or #SUSHI, but through an order book similar to traditional exchanges. In addition, on #DYDX you can trade futures “with leverage”, which, coupled with a simple and familiar device, greatly simplifies the attraction of new users: dYdX confidently outperforms Uniswap in daily volumes. I haven’t seen good conditions for a medium-term long position yet, and shorting in a bull market is obviously a drain on the deposit. The asset, as I had previously assumed, showed a local decline to the 2nd trend line, after testing which a reaction and growth was obtained, which at the moment looks quite flimsy, in particular due to the locally short position of #BTC and #ETH. The sage advises to wait for the decline and start buying the asset from the levels with liquidity located at the tips of the wicks of the daily candles. We place the 1st buy order at $2.966; 2nd at $2,572 and 3rd at $2,230. Complete filling of the 12h imbalance located at $4.182 is our first goal for April-May, followed by an update of the local high at $4.528 with a movement potential of more than 50%.

#ETH🔹 Let me start with the fact that in the last review I once again predicted the price movement! I am considering a dip in price and a breakdown of the lower boundary of the triangle... The market has not fully unloaded yet. The lower boundary of the triangle was broken and the price went down to 2850$ for 1 coin - it's quite a deep dive considering the current state of the market. The asset has already updated its local lows for the 3rd time, due to this a beautiful descending channel was formed on the chart, which indicates the weakness of the buyer and the beginning of the movement in the bearish trend. I don't want to panic, but we should watch 👀 the price reaction to the key resistance levels - $3204 and $3, 419. In case of obvious weakness of bulls, we should consider the variant with continuation of correction and going below the extreme local minimum. In case the price manages to break through all significant levels and to fix above them, it will be possible to consider that the asset is rehabilitated. In this case, the growth will continue.

Today I would like to start with a review on #XRP💰 The asset is moving in a symmetrical triangle, the exit from which is always something unpredictable , but given the current position of the market and BTC in particular - we can safely assume that the lower boundary of the triangle will be broken, after which there will be a withdrawal of liquidity from the 3rd lot, which will entail the activation of my last buy order. After the fall is over, I expect to see a rebound followed by trading in the price accamulation zone(0.5900-0.5730$). Due to this, a huge number of local stops will be collected, which in turn will serve as a good fuel for the continuation of growth. The nearest target from above is the level of 0.6175$, a little higher at 0.6630$ is the resistance, to which the price will have to reach. The main target is still the local high located at $0.7500. In general, the asset looks quite attractive.

Congratulations to everyone on the start of a new trading week! It's time to take a look at the current situation on #BTC 💰 The sun has not had time to rise above the horizon, as Hong Kong announces the approval of spot #BTC/ETF - the market reacted to this news with a logical growth, which certainly can not but please. In the last review I analyzed the variant with a deeper correction to the main support zone at $62988. On this topic I wrote the following: I expect the price to descend at least to the support zone located at 62988$ and in case we don't get an instant buyback, the fall may continue. We fell to the support zone as expected, even broke through it by collecting a huge shelf with liquidity at the local low ~60800$. After that we got the necessary for growth instantaneous buyback. This fall extended the boundaries of the bullish triangle, which gave us the opportunity to count on the continuation of growth. The nearest resistance zone is the level of 62988$, I think the price will test it soon and in case it manages to make a breakdown with the subsequent consolidation, we can safely expect the continuation of growth. Taking into account the presence of support zones from below and positive news background, globally I am in favor of growth, but locally we can still fall a bit to knock out the weak hands from the chart.

#SUI 💰 Already more than once made a review on this coin, it has always pleased us with a good profit, I think today's thoughts will not be an exception. The asset has fallen from its peak of $2.1829 by more than 30% of net movement, changing its local bullish trend to a bearish one. This is evidenced by the downward slope and the local lows that have already been updated more than once. The global trend is still upward despite such a "bloody" correction. At the moment the price tested the trend line, after which it got a rebound and got into the accumulation necessary for the continuation of growth. I think that the price will manage to reach the strong resistance level of $1.7347without much trouble , after which a breakdown is quite possible and pushing the asset between the trend line. Ideally, in the next 1-2 months, we would like to see a complete filling of the 4-hour imbalance located at $2. 0437-2.0670 and an ATH (all-time-high) update at $2.1829. Our plans can only be hindered by the imminent halving of #BTC, before which all longs are always shaved off, so my advice to you is to buy spot for now and leave the volume for more!

#BTC💰 Friends, I hope everyone is safe after yesterday's correction? I would like to start the review by analyzing the main reasons for the asset's downfall. The first thing to pay attention to is the news background, which was the catalyst for the entire fall, now I will explain how it happened... Trading volumes on centralized crypto exchanges have fallen to historic lows - bets are done, no more bets! The rest of the traders sat on futures, long bitcoin with 10-30x leverage. After the news release, the market began to fall, and due to lack of liquidity and limit buy orders, long-squeeze occurred. Longs started to close one after another like falling dominoes..... In general, I don't see much sense in getting upset. Globally, the price is still in a bullish triangle. If the upper boundary of the triangle is broken, it is quite possible to see the continuation of growth with the removal of the main targets, both at the local top ~72797$, and at ATH (all-time-high) ~73777$. The option with a deeper dive should definitely not be cast aside. In case of a breakdown of the lower border of the bullish wedge, I will expect a descent at least to the support zone located at $62988. Going to this zone will already indicate a bearish mood and if we don't get an immediate buyback, the decline may continue.

#OP 🩸 The asset has seen over 300% net movement growth in a few months, while completely avoiding any deep corrections, limiting itself to only the short-term sideways movements necessary for continued growth. The recent decline from ATH $4.865 is the deepest correction in recent memory. The current price position on the chart is quite flimsy. The asset has tested the sloping support level and hovered right above it. In case of breakdown, the way to 2.5-1.5$ will be completely open and we will have to think only about the depth of the upcoming correction. Of the interesting support zones, 2 orderblocks stand out the most : 2.480-2.110$ 1.920-1.630$ Inside them there are also completely unfilled imbalances ~$2.279 and $1.861, overlapping of which is quite an important task for the price. The #OP should be viewed with optimism, so it would be a mistake to exclude the growth option from the current levels. There are also enough zones of interest from above, the closest ones are two 3D imbalances located at $3.564 and $4.115. Liquidity at ATH 4.865$ is the main price target!

#BNB🔸 I believe that #BNB is the best asset at the moment, if we draw an analogy with Bitcoin, then buying #BNB now is compared to buying Bitcoin around $15-17k in the winter of last year, and now I’ll tell you why: The asset has been in accumulation for a year and a half, starting in the summer of 22, after a sharp fall, we did not see an exit beyond the level of $334, where a huge supply is concentrated, as a rule, based on the mechanics of the market, the longer the accumulation goes on, the stronger the upward impulse will be, because this is its a kind of spring that charges more and more every month... a year and a half... 500 days, enough to charge the spring called #BNB to the limit. Assets such as #SOL and #ETH have already broken through their resistance levels and have shown strong growth, which cannot be said about #BNB, which is always catching up with them, since 2021 I realized that #ETH comes first, then #BNB, I’m sure this time it will be exactly the same. Powerful fundamental - #Binance is the largest exchange on the planet in terms of trading volume, and is far ahead of all other exchanges, Binance has proven its resilience, the ability to fight with regulators (negotiate) and withstand any information and technical attack... it is truly unsinkable an exchange with a real product and the most convenient interface, that’s a fact. Stimulation of purchases by the largest exchange, as already mentioned in point 3 - Binance is the largest exchange in terms of trading volume, so it is very easy to force users to start buying #BNB under various pretexts, starting from a reduced commission in a token, ending with staking at 20-30 % per year, it’s a matter of time before they start downloading the token and pouring billions of dollars into it. The working BNB Chain network, I won’t say much here, I’ll just say that the commissions, as well as the speed of the bep-20 network, are in the list of leaders, ahead of Ether and Solana, this is a very strong fundamental factor that will affect the price at the time of transition to WEB 3.0. At the moment, I see a goal in the region of $1060 - $1500, this is what we will see very soon, however, more global goals are much higher than $3000, and I believe, given the capabilities and finances of #Binance, the price of #BNB will very soon be in space, and then don’t say you weren’t warned. This concludes my analysis, I hope this information was useful and will help you earn a lot of profit.