Crypto Insights, Trading, Signals

⚡It's the first time I'm seeing this for $BTC 😮 ⏺BTC electricity cost (the cost of electricity to produce BTC): ~$60,000. ⏺BTC total production cost (the overall cost of producing/mining BTC): ~$100,000. And yet the price of $BTC has dropped below the electricity cost 🔋 This situation is likely to be very short-lived, otherwise miners will find no reason to keep their machines running. 💻⚠️

🔎 Market Overview 07.07 Most of the crypto market is trading in the green zone 📈 Bitcoin (BTC) $57,677 (+2.13%); Ethereum (ETH) $3031 (+1.55%); Solana (SOL) $140.28 (+3.59%). 🚀 Market Cap: $2.22 trillion (+2.45%). BTC Dominance: 54.94% (+0.17%). Fear & Greed Index: 29 (fear). 😨 BTC Trading Volume: $20.4 billion. Total Open Interest: $28.3 billion.

📈 Morning Market Overview Greetings to everyone at the start of a new week, month, and final quarter. BTC $63,434 ETH $3,495 Fear Index: 53 Altseason Index: 22 Long/Short Ratio: 52/48 Bitcoin Dominance: 54.77% 📈Top Gainer: ENS +29.09% 📉Top Loser: KAS -1.44% Just a few days into the month 🗓 and we're seeing positive results. ENS is the top gainer among the TOP-100 cryptocurrencies according to CoinMarketCap. It's a fundamentally strong asset with effective market maker actions. Plus, there's the ETH narrative and a solid dip before major news.

📈 Morning Market Overview As mentioned on Monday, we were in for volatility. 🌪️ BTC $62,885 ETH $3,404 Fear Index: 51 Altcoin Season Index: 22 Long/Short Ratio: 48/52 Bitcoin Dominance: 55.35% 📈 Growth Leader: LEO +0.35% 📉 Decline Leader: ZRO -13.34% A red market is always an opportunity to buy, while a green market is an opportunity to sell. This is the mindset you should have to succeed in crypto. 💡

🗳️ How US Elections Influence $BTC Charts A clear trend of growth can be observed right after the elections and a slight increase before them. Why does this happen? It's quite simple. Prior to the elections, the old administration often pushes the markets a bit to showcase power and prosperity under their rule. When the new administration comes into power, they also push the markets to demonstrate to the electorate that they made the right choice. Additionally, geopolitical uncertainty right after the elections influences this as well. In such times, investors seek safe-haven assets, which include $BTC. The next US elections will be held on November 5, 2024.

📊 Morning Market Overview Good morning and happy weekend! Recharge your energies and accumulate some crypto. 🌞 BTC 64,273$ ETH 3,503$ Fear Index: 53 Alt-Season Index: 22 Long/Short Ratio: 49/51 Bitcoin Dominance: 55.29% 📈 Top Gainer: AR +9.09% 📉 Top Loser: ZRO -18.60% As a rule of thumb, major drops should be sold off mercilessly about 90% of the time. Otherwise, you’ll just watch them bleed out on the wall. Today's losers are $ZRO and $ZK.

📉 Bitcoin Hits Lowest Since May 16. During the current correction, Bitcoin dropped to $63,400 today, for the first time since May 15, 2024. According to the daily timeframe, Bitcoin has been falling for five consecutive days. 📉📉 ❌The volume of long-position liquidations in the crypto market over the past 24 hours amounts to $105.58 million. Who's shorting?

🔥 For Fractal Enthusiasts: A Comparison Between 2020 and 2023/2024 Fractals represent repeating or similar structures on an asset's chart. The $BTC chart exhibits a striking similarity. It almost feels like a simulation. And as you can see, after the correction back then, it led to a surge to new highs. 📈 Do you believe in such "coincidences" of fractals?👀