Libra1989

Libra1989

Follow me, and I'll follow you back. I always provide daily financial market updates.

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Libra1989
Libra1989
The US CLARITY Act brings a strong wave of excitement to Bitcoin Main content of the CLARITY Act: 1⃣ Clearly classify crypto as commodities or securities Tokens classified as commodities will be regulated by the CFTC. Tokens that are fundraising/investment contracts will fall under the SEC. 2⃣ Establish a legal framework for crypto Crypto exchanges, brokers, and dealers must register and comply with federal regulations. There are disclosure standards and investor protection measures. 3⃣ Recognize digital assets can mature A token initially may be considered a security. But when the network is sufficiently decentralized, the token can transition to a digital commodity status. 4⃣ Bring DeFi into the framework Define what truly decentralization means. DeFi projects that are not sufficiently decentralized may be regulated as financial institutions. 5⃣ Regulate stablecoins Limit passive interest payments on stablecoins. But still allow rewards related to staking/liquidity or trading activities. 6⃣ Stricter AML/KYC Crypto platforms must comply with anti-money laundering laws similar to banks. 7⃣ Tokenized assets still subject to traditional laws Tokenized stocks/securities remain regulated as regular securities. ✅ This makes BTC more likely to surge, here’s why. The US is shifting from “crackdowns through lawsuits” to “regulated legalization.” Large organizations find it easier to participate due to clear legal frameworks. ETFs, banks, and investment funds have more legal basis to enter crypto.
Libra1989
Libra1989
$EDEN #EDEN Preparing to break the Descending Wedge pattern on the 1D chart. A successful breakout could lead to a strong bullish wave towards $0.080 in the medium term ✍️
Libra1989
Libra1989
$ZEC / $USD - Update Waiting for deeper dips to accumulate. I am still holding a short position.
Libra1989
Libra1989
$SUI / $USD - Update I like this level for a bounce up.
Libra1989
Libra1989
$KSM UPDATE Still following our short-term plan to (at least) reach $15 🎯 Adjustments are part of the game! 🎲 Don't get shaken out of your position! 🫵 Not financial advice! #KSM
Libra1989
Libra1989
$MEGA WILL CONTINUE TO DROP & SIDEWAYS FOR A LONG TIME! As I shared in the analysis article explaining why I stopped doing the $MEGA Airdrop, one of the reasons I stopped is because I believe $MEGA will continue to decline & move sideways for a long time. Why? One of the main reasons is that $MEGA is still largely held by Retail investors such as: 1⃣ Fluffle NFT holders hold a total of 2.5% - 5% of the total $MEGA supply, including: - 50% of tokens will be received immediately at the TGE. - The remaining 50% of tokens will be gradually paid out over the next 6 months. This means the selling pressure from these Retail holders will last at least until the end of 2026. 2⃣ At the time of the $MEGA ICO, there was extreme FOMO, with ROI for those who bought $MEGA reaching up to 5x. According to some sources, up to 2,686 users who bought $MEGA ICO chose the locked option to receive a larger allocation, but this number accounts for more than 10% of the total committed amount. -> This selling pressure will continue until next year, April 30, 2027. 3⃣ Selling pressure from Retail holders who chose to stake $MEGA to receive rewards based on the development team's performance. SUMMARY: - $MEGA is still largely held by Retail investors, so pushing the price up early is quite reckless and financially draining for the development team, so I believe $MEGA will continue to decline and move sideways. However, you still need to pay attention to other factors that could cause $MEGA’s price to change: 1⃣ The MegaETH team is playing very smart by setting the ICO price at a 20 - 30% profit at TGE or even break-even, but they chose to push the price up 2x for Retail investors. -> I highly appreciate this action from the team. 2⃣ This case is quite similar to the story of $SUI in the past, which sold Pre-Sale tokens in multiple installments. -> The $MEGA price path might resemble $SUI’s, but only the initial phase; whether $MEGA can pump strongly depends on other factors. Additionally, $MEGA could grow before all the above conditions occur because there are many ways to take profits or cut losses without necessarily holding tokens. Regarding this information, only MM and the MegaETH team can measure it!
Libra1989
Libra1989
$LUNA Buy zone for me around 0.00082
Libra1989
Libra1989
$BTC 2018 vs 2026 👀 About ~220 days between the cycle peak and the retest of the 200-Day Moving Average 🧐 History doesn't always repeat exactly, but it often rhymes. If this pattern continues to reflect the previous cycle, the next move could surprise many 🔥
Libra1989
Libra1989
$HBAR is currently the strongest bullish HTF chart.📈🔥 Charts like this historically tend to explode after a clean retest, and that is exactly what $HBAR is doing right now. Momentum is building, the structure remains solid, and a big move could happen as soon as buyers fully step in🚀
Libra1989
Libra1989
This $PROS chart is probably the clearest example of the "manipulation" pattern that MMs are using on many altcoin charts in this cycle! 👇 The target for this specific coin is $5.6 Not FA #PROS