Aavegotchi FOMO PriceFOMO

Analysis: Bitcoin futures data suggests it may hit new highs Despite $170 million in margin liquidations, Bitcoin buying in the spot and futures markets supported the upward momentum of BTC prices. Weak demand for stablecoins in China and limited use of futures leverage suggest that Bitcoin's current rally is sustainable. Although the surge in Japanese government bond yields and concerns about credit risks once affected market sentiment, Bitcoin prices showed resilience at the $102,000 support level on May 19. At the same time, China's USDT transactions were slightly discounted, indicating that this round of gains was not driven by FOMO sentiment. The lack of excessive leverage in the Bitcoin futures market and the lack of panic inflows in the Chinese market are key factors for continued price increases, paving the way for stronger bullish momentum above $105,000. (Cointelegraph)

BlackRock, among the leading cryptocurrency ETF providers in the United States, bought an additional $8.65 million worth of Ethereum to boost its digital asset holdings. The latest acquisition amplifies the speculation about institutional investors seeking opportunities to buy cryptocurrencies at lower prices. Actions like this by large-scale investors often provide retail traders with insight, depending on the prevailing market conditions. For instance, when a cryptocurrency moves in a zigzag formation while trending, technical analysts use these identified patterns to find good trading spots. In a similar way, institutional investors watching the markets often use pullbacks and retracements to add to their holdings. Similarly, institutional investors observing the markets capitalize on pullbacks and retracements to boost their holdings. Hence, BlackRock’s latest ETH purchase aligns with a recent pullback, which saw the altcoin’s price decline by 15% in the past week. Many analysts expected ETH to retrace after an impressive rally, citing traders’ tendency to cash in and take profit. However, investment opportunities arise during profit-taking, a concept many crypto analysts believe BlackRock capitalized on to make the latest $8.65 million ETH purchase. In the meantime, retail investors reading signals from BlackRock and other institutional traders consider the move a trigger ahead of an expected price rally. For most crypto users observing BlackRock’s investment pattern, the firm’s latest acquisition signals its expectation for an Ethereum rally. Hence, smaller investors may follow suit because of the Fear of Missing Out (FOMO). Meanwhile, it is worth noting that BlackRock’s latest ETH purchase is an isolated aspect of Ethereum’s growing bullish momentum. The flagship altcoin’s latest price surge shattered multiple barriers and flipped users’ perspectives into a bullish sentiment. Ethereum surged above $2,700 in the past week before retracing to the crucial $2,400 region. TradingView’s data shows that ETH traded for $2,401 at the time of writing, having returned above the crucial level after a retracement. Users expect the bullish momentum to continue and the cryptocurrency to aim for higher targets in the coming weeks. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

$DECHAT looking extremely Bullish & breaking out from zone 🔥 Huge FOMO is loading 💯 Mega whales are coming 🐳🚀 $pstake $melos $clh $mtos $cas $stream $tower $fx $honey $amp $alpha #btc

$DECHAT whales are waking up & buying into chart 🐳🐳 Huge FOMO loading 💯 We still at bottom & Great opportunity to load your bags Huge reversal loading 🔥🚀🚀 $pstake $melos $clh $mtos $cas $stream $tower $fx $honey $amp $alpha #btc

Do emotions lead your decision making? Fear spiral hits while investors flee to the exit following their emotions because they have no plan. Tip ⭐️: While entering a position make sure to set up invalidation (SL) and wait for a good entry instead of FOMO. - - - Example trade which I took 👇 new launch 0/0 tax $CMX Potential loss = 15% Potential gain = 100% + Fear in the market can be used to your advantage to get the entry you have been waiting for.