Business finance is a merciless, emotionless realm where rules are nearly nonexistent! If you are part of a network, your influence is not insignificant!
The world of Decentralized Finance(DeFi) is worse than the one mentioned earlier because it is not regulated. Not yet!
Binance ($14B daily trading volume), Coinbase ($2.6B), Kraken ($1.1B) cannot exist without influence, let alone without a network! Different ecosystems, different development strategies, different “fiscal” strategies, but all leading to one result : mass adoption and total control!
When someone casts a shadow, there is always a solution to get rid of them. Worse, there is a desire to appropriate their business and publicly “bury” it to be sure.
It is IMPOSSIBLE that the intelligence services (CIA, NSA, MOSSAD, SVR, MSS, ISI, RAW, MI6…) that have invested billions in monitoring “every click,” every “audio” message left on an encrypted messaging platform (Pegasus is an example!), COULD NOT have been aware that HAMAS was arming itself in preparation for an operation and suddenly became ineffective! So if all the services were aware of the “scam,” how did the opposing party anticipate managing this potential stumbling block? SET MOOD AND ESTABLISH THE SCENE BEFORE THE ARMS RACE BEGINS ! The internal security of a state depends on the quality of services provided by its protecting intelligence agencies The failure of Western services in prediction, but above all, the conviction that the Russians were 30 years behind, becomes glaringly evident. Otherwise a part of them knew it (CIA, MI6) and chose to misinform EVERYONE to sow chaos with the aim of boosting markets and generating demand.
You’ve understood it well! A decrease in stablecoin dominance simply means their use in investment, or rather their re-injection into Cryptoassets market !
What we have consider as a BackUp few charts above, could be called a Spring, with a pull back on the MidRange (as luck would have it on 0.618 Fibo retracement!) – LPS. And once again, it JAC, plus 3 taps on 0.618.
There is nothing good, when we could identify a MarkUp, because mostly of definitive exits are going to make PA dive. But in this “b shape”, MM rushed price to seek it lower from the middle august, leaving a cocktail of FVG with some LQ
There is no real rules on the Cryptomarket, even if MM behaviour is modeled as “casual”. As we saw it on March 20, when markets collapsed, they withdrew LQ to cover their positions… Guess what will happen in the next BlackSwan ?
Both Russia and Saudi Arabia need high oil prices to generate more budget revenues, but their support for “the stability and balance of oil markets” could unravel part of the efforts the Fed and other central banks have put in the past year and a half to curb inflation.
Gold plays an important role in this multi-polarization. The BRICS need the precious metal to support their currencies and shift away from the U.S. dollar, which has served as the global foreign reserve currency for about a century.
ANYWAY, we need to see at least 10.75% (mid range of the failed structure) to BUILD and target any LH for Crypto!).
A double TOP here will be the signal, Otherwise it will seek for a CHoCH
It could be interpreted of a potential MarkDown and a potential pull back on the top of this channel.
109 will be highly likely ! According to call it above 0.618 of the initial MarkUp (103)…
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