@0xProject Hi this is Sean from MC Markets -- a derivatives trading platform combining RWA symbols and cryptos. We would like to extend our services to spot trading. However, it was so hard to contact you guys for further discussions. Could you contact me at my email? [email protected]. tk
We (Family Office) are currently assisting our client, an Online Trading Platform, in expanding into international markets. Therefore, we are seeking a collaborative team that can assist with advertising campaigns and manage social media platforms (Twitter, YT, IG,Fb, and TG).
QE takes bonds away from the system for an indefinite amount of time: it removes collateral and duration risk from the private sector
The BTFP lends money against the collateral (bonds) for a fixed period of time
QE sucks away collateral & duration
BTFP strengthens collateral
Within the hourly timeframe, it can be observed that the price has retraced from its peak and is currently moving within a small consolidation range (parallel channel). This indicates a price behavior of waiting for a breakout from the consolidation range.#BTC
After rising and falling the day before yesterday, yesterday it similarly failed to pass the previous high and remained in a weak state. Let's observe whether it will continue to decline today.
Despite opening lower with a gap, the S&P showed strong upward momentum before the close, leaving a long lower shadow. It continues to hover around the trendline, and a clear direction still needs to be awaited.
However, it also proved that "news factors" will only have a short-term impact, and ultimately it is necessary to return to the technical level for judgment.
If the price rebounds to the previous high of 25.4K and does not exceed it, it is a good time to add short positions.
March 14 Review: Entered a short position near the design level of 1.13 (26108) before Bitcoin broke through its previous high, which was confirmed effective. Due to the rapid increase in volume due to "news factors", only a small amount of orders were placed this time.
If the price behavior shows weakness after breaking the previous high (around 25.3K), expected to open short position between 25.5K-26.1K, with a stop loss above 27K.#BTC
After breaking below the major downtrend line the day before, on 03/13, there was an attempt to pull back (with the help of news factors), but the rebound was unsuccessful and it remains temporarily blocked below the trend line. This indicates a relatively weak state.
If the price behavior shows weakness after breaking the previous high (around 25.3K), expected to open short position between 25.5K-26.1K, with a stop loss above 27K.#BTC
However, on the daily chart, we can also see that the price was temporarily blocked when it encountered the expansion arrangement drawn before, so we still need to be cautious.
On the weekly chart, we can see that the price quickly rebounded to above the previous low (31.4K) after hitting the 0.618 level, which is considered a strong signal.
The net buying effect here likely much larger than $1B given CZ is paving the way for the 10s/100s of thousands of project teams in this space to diversify their funds in $BTC and $ETH
Just like the 2016-2018 cycle days
Frontrunning flows will be multiple of stated buying