IMX saw a significant rise last week, but the it turned negative in the following days. IMX is a token developed by the project Immutable X. Immutable X is a Layer-2 solution built on the Ethereum blockchain, aimed at addressing issues such as high transaction fees and transaction speed delays, especially in the NFT (Non-Fungible Token) space. During the rise in...
Many tokens have entered a bearish channel since March, and the price has fallen continuously and even updated their lows for the year. If you pay attention to the on-chain data, then you should know that this is due to the withdrawal of liquidity from the market. There are more tokens and less funds. Funding will be concentrated toward stronger projects, just as...
We talked about the NFT market and APE yesterday. Coincidentally, BLUR, one of the largest NFT marketplace, released news suggesting that it will bring a new update. As a competitor of OpenSea, BLUR’s token price is often dragged down by large unlocks and continues to fall. We will take a look at how BLUR, the token of leading NFT marketplace, moves. x.com 1d...
In the past few months, due to the release of some leading NFTs fell short of expectations, the total market value and transaction volume of the NFT market continued to decline. As the leader in the NFT market, BAYC once tried to develop new NFT collections and games in an attempt to ignite the NFT market again, but failed. The price of APE, its token, continues...
On a macro level, the FOMC will be held on Wednesday, and the market currently believes that the probability that the Fed will not raise interest rates this month is close to 100%. Therefore, the FOMC will have little impact on the market. However, our research has observed a rebound in U.S. gasoline and diesel prices due to the impact of previous OPEC production...
On a macro level, the FOMC will be held on Wednesday, and the market currently believes that the probability that the Fed will not raise interest rates this month is close to 100%. Therefore, the FOMC will have little impact on the market. However, our research has observed a rebound in U.S. gasoline and diesel prices due to the impact of previous OPEC production...
TRB’s performance over the past month has been remarkable, with the price rising from an initial price of 10 to nearly 50. But yesterday the price fell by almost 50%. Let’s take a look at how TRB’s whale is moving and whether TRB still has a chance to get closer to the highs. We have used our WTA indicator many times in brief analysis. The definitions of blue,...
Last week we talked about the impact of giant whales on the trend of UNFI. A week has passed and the price of UNFI has corrected. Today we will conduct a review of UNFI. During UNFI's previous rise, the WTA indicator maintained a healthy development. Relatively steady whale inflows support rising. But looking at the details, from the first stage (red arrow) to...
There was a significant increase in RUNE some time ago, with the price rising from 0.92 to 2, almost doubling. The current price remains fluctuating above 1.4. Let’s make a brief analysis on RUNE today. At the daily level, you can find that RUNE has been volatile after its rise in early August, and the price seems to start a new round of rise at a certain...
On a macro level, U.S. CPI for August will be released this Wednesday, with the previous value being 3.2% and the forecast value being 3.6%. Affected by OPEC's crude oil production cuts, the market expects last month's CPI to rebound. However, as long as it does not deviate too much from the predicted value, it will have little impact on the crypto market. On the...
On a macro level, U.S. CPI for August will be released this Wednesday, with the previous value being 3.2% and the forecast value being 3.6%. Affected by OPEC's crude oil production cuts, the market expects last month's CPI to rebound. However, as long as it does not deviate too much from the predicted value, it will have little impact on the crypto market. On the...
Last week we conducted a brief analysis on PERP and introduced the WTA indicator. In the past few days, although the project has not released any news, PERP's trading volume is still high and its price fluctuates greatly. So the brief analysis today will provide a recap of PERP and WTA indicators. After the brief analysis was released last week, PERP continued to...
Recently, the market sentiment has been flat, and most tokens are mainly fluctuating. Some Alt-coins have seen significant volatility during this time. UNFI is the most volatile token in the past 24 hours. So we choose UNFI as the Token for brief analysis. UNFI has almost tripled in the past half month. The project Unifi Protocol has no good news...
Recently, the sentiment of market has been flat, and the movements of most tokens are mainly fluctuating. But there are some Alt-coins that pump during this period. In the past 24 hours, PERP has risen by nearly 60%, becoming one of the hottest tokens in the market. So today we choose PERP as the token for brief analysis. The project of PERP is a derivative DEX...
Grayscale and the SEC's case brought volatility, but soon it dropped again. Last Friday, the United States announced the employment data for August. The actual value was 18.7, which was close to the expected value 17. The unemployment rate rose from 3.5% to 3.8% in August, the highest value in the past 12 months. And in the details of the employment report, it...
Grayscale and the SEC's case brought volatility, but soon it dropped again. Last Friday, the United States announced the employment data for August. The actual value was 18.7, which was close to the expected value 17. The unemployment rate rose from 3.5% to 3.8% in August, the highest value in the past 12 months. And in the details of the employment report, it...
Volatility in the market fell further over the weekend, with many tokens trading within a range. The brief analysis will continue to review the tokens analyzed in the past. What we choose today is DOT and LTC. After our last analysis, the bears strengthened and DOT broke the black line downwards. Like most tokens, DOT fell further and approached the lows of the...
Volatility in the market fell further over the weekend, with many tokens trading within a range. The brief analysis will continue to review the tokens analyzed in the past. What we choose today is DOT and LTC. As LTC approached its halving, the price turned from rising to falling. We conducted an analysis on LTC in late July. After this, LTC fell further, giving...