This week bitcoin has been in a sideways trend, but that didn't stop some alts from continuing to rise. Overall, the market is becoming more selective, which may indicate the need for a break for the bulls. There were many geopolitical news this week: 1. Israel - Lebanon has reached an agreement on ceasefire; 2. Large-scale fighting has resumed in Syria. Aleppo (the second largest city in Syria) has been partially captured by pro-Turkish groups. There are many versions circulating on the internet about what happened. Starting from the fact that this operation was supposed to be local in nature, but because the Syrian army was unable/unwilling to resist, the offensive reached Aleppo. Another version is that the United States actively participated in these events. The goal was to divert the forces of Iran, Hezbollah, and of course Russia, and force them to assist Syria. This could have helped both Israel and Ukraine. 3. Several days of large-scale protests are taking place in Georgia, following the Maidan scenario. 4. NATO long-range missile strikes into the depths of the Russian Federation continued. On its part, the Russian Federation promised strikes with a warhead, but already with a combat unit. The degree of geopolitical tension continues to rise, while cryptocurrency market participants continue to believe in a bright future. Inflows of funds into the market continue, completely ignoring the negative. The market growth continues on new funds and loan interest rates are practically unchanged. The situation of COVID times may repeat itself, when the economy was not functioning, but the market was growing due to the influx of new money. On the other hand, at some point, the market may realize that it has nothing but faith and expectations, and the real situation is very dangerous. At the moment, I continue to hold all my positions and even raised the ranges for the bots located at the upper boundary. I did not add new funds to the bots, but shifted the upper boundary by shifting the entire range upward, i.e., the lower boundary also became higher. Although this approach does not require new funds at the moment, in case of a market decline, more funds will be needed to maintain the position. My overall debt level is currently around 2%, so there should be no problems with holding positions.
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Bots report + market overview. Post #22
1. LTC/USDT +1.19%, LTC/USDT (x4) +4.01%.
2. FIL/USDT (x2) +5.31%, ETH/USDT (x8) +3.39%, MNT/USDT (x3) +8.32%.
3. GT/ETH +0.61%, NEAR/ETH +0.86%, FTM/ETH +2.26%
This week bitcoin has been in a sideways trend, but that didn't stop some alts from continuing to rise. Overall, the market is becoming more selective, which may indicate the need for a break for the bulls.
There were many geopolitical news this week:
1. Israel - Lebanon has reached an agreement on ceasefire;
2. Large-scale fighting has resumed in Syria. Aleppo (the second largest city in Syria) has been partially captured by pro-Turkish groups. There are many versions circulating on the internet about what happened. Starting from the fact that this operation was supposed to be local in nature, but because the Syrian army was unable/unwilling to resist, the offensive reached Aleppo. Another version is that the United States actively participated in these events. The goal was to divert the forces of Iran, Hezbollah, and of course Russia, and force them to assist Syria. This could have helped both Israel and Ukraine.
3. Several days of large-scale protests are taking place in Georgia, following the Maidan scenario.
4. NATO long-range missile strikes into the depths of the Russian Federation continued. On its part, the Russian Federation promised strikes with a warhead, but already with a combat unit.
The degree of geopolitical tension continues to rise, while cryptocurrency market participants continue to believe in a bright future. Inflows of funds into the market continue, completely ignoring the negative. The market growth continues on new funds and loan interest rates are practically unchanged.
The situation of COVID times may repeat itself, when the economy was not functioning, but the market was growing due to the influx of new money. On the other hand, at some point, the market may realize that it has nothing but faith and expectations, and the real situation is very dangerous.
At the moment, I continue to hold all my positions and even raised the ranges for the bots located at the upper boundary. I did not add new funds to the bots, but shifted the upper boundary by shifting the entire range upward, i.e., the lower boundary also became higher. Although this approach does not require new funds at the moment, in case of a market decline, more funds will be needed to maintain the position. My overall debt level is currently around 2%, so there should be no problems with holding positions.
I run my own Telegram channel Club Hamsters.