A victorious close above that demonic $403, with Open Interest hovering at $250 million like a lingering ghost, might summon a path to $489-$500. Or not. Who knows what dark forces lurk in the derivatives dungeon? 🧙♂️
With the Stochastic RSI executing a bullish crossover, and a long dominance of 64%-like a booming baritone in an opera house-buyers might just propel Fartcoin towards the glittering EMA20 at $0.59.
According to @ElonTrades, the whole mess started when Binance made the decision to value certain collateral-think USDe, wBETH, and BNSOL-using its *own* spot-order-book data instead of those trustworthy external oracles. And for the love of everything crypto, don’t forget that Binance had already announced this was going to change on Oct 6… but the actual change was rolling out on Oct 14. So, naturally, there was this lovely little eight-day window of vulnerability for all kinds of chaos to ensue.
Despite the crypto market’s recent tumble down the stairs like a clown at a circus, Fink now declares Bitcoin a “legitimate” alternative asset, as shiny and respectable as gold. Who would’ve thunk it? 🌟
With a whopping five to six key events this week, every little data nugget and every mumble from the Fed could send risk assets into a frenzy. And, oh, let’s not forget the ever-present shadow of a government shutdown hanging over our heads.
These unlocks might shake the market like a poltergeist on Halloween, so grab your popcorn and watch the price charts do the tango! 💃🕺 Here’s the lowdown on this crypto carnival:
Now, don’t get too comfortable. Sure, the token is riding high on the wings of an 80% price surge, but there’s a little thing called “reality” creeping in. While the crypto market was shaking like a leaf in a hurricane, SNX was out here performing like it’s been hitting the gym. Because, apparently, despite looking a little “meh” lately, it’s back, and it’s better than ever.
These investors, driven by a thirst for gain and a disregard for prudence, did wager fortunes upon the volatility. Some indeed found riches, yet many more discovered the emptiness of speculative excess. These whales, they did adjust their holdings – buying when others feared, and selling when optimism bloomed – displaying a cunning that could rival that of a seasoned fox. Such is the nature of men, endlessly chasing shadows in the marketplace.
Lo, the flow of coin into these high-momentum plays doth reveal the shrewdness of the smart money. They spy opportunity where others see chaos, thus reinforcing the resilience of the market’s undergarments. 🧦💸
Amid the total market meltdown, Solana’s decentralized world flexed like a gym bro on steroids. On Saturday, some fancy Solana news aggregator data spilled the beans: perpetual DEXs on the Solana network cranked out over $8 billion in trading volume during the crash. Take that, gravity! 💪
