Bloody Saturday! Houston, we're in distress!? What about MAIN?
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The crypt has turned red! Everything is heading to hell understand where! Hamsters in fright knock down from the market, draining their assets!
Once again I am convinced that the news background does a dirty deed to the owl! After the recent news about BINANCE's involvement in the LUNA scam and the FTX exchange, many hamsters began to drain their assets. Large investors began to buy bitcoin and merge it into costodial wallets. For its part, binance has restricted transactions for stablecoin withdrawals, citing that the exchange is facing very heavy withdrawal loads. Although CZ himself unsubscribed that everything is fine and is working normally, but we know what kind of balabol. Elon Musk himself added fuel to the fire by registering an account on the OKX exchange.
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Let's start with a joke:
Four men ended up on a desert island after a shipwreck:
20s, 30s, 40s and 50s.
We looked around. And suddenly they see: on the neighboring island - the Amazons!
A man of 20 years old immediately - into the water and swim there.
A 30-year-old man yells at him: - Yes, you wait! Let's build a raft first!
A 40-year-old man says: - No need for a raft! They will come to us on their own.
The 30-year-old shouts: - No, the raft must be built!
A 50-year-old shrugs his shoulders: - Why a raft? We have binoculars!
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You, the reader of this post, should decide who you are from this joke and here's why:
The crypto market represents that very island, and the Amazons on it are your potential income!
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Your task is not to burn out from the temptation, staying on this island with your capital as long as possible, because your capital, thrown into the right direction, together with your diligence and knowledge, will serve as a good tool in overcoming your difficulties at any market interval.
I, in turn, consider myself one of those people who, in addition to actively striving to increase capital, use all available opportunities and tools to achieve the desired result.
In our case, such an instrument (life raft) is MAIN!
Let's start our analysis with bitcoin!
Bitcoin pulled back to 16,680, effectively hitting a one-month-old low of 15660!
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The positive growth to 18320, which I wrote about earlier, did not help, assuming that this is nothing more than a "dead cat rebound" or a "bear trap".
For bitcoin, such a rebound is more than predictable, since there is too much news background and analytics on the network, in which all the goals for the current market are accessible and understandable.
Let's move on to altcoins:
Solana rolled away by 15%, also actually updating the minimum of a month ago. If we talk about capitalization, then solana sank by 1/6 of the total capitalization. Not a bad drawdown.
XRP shows the same drawdown result. Nothing interesting.
But I did not expect such a drawdown from BNB. But let's not forget about the news background! Despite CZ's beliefs about the banana, many investors fled the exchange at the first bad news. And launchpads with promotions don't help!
But don't think that BNB will go to zero! If you take a closer look at the 3-year chart, you can see the formation of an ascending wedge on the chart:
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Well, if we consider the annual chart, then there is already a clear bearish descending triangle and picking up BNB costs approximately at the level of $100-110
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What on MAIN?!
MAIN is on course! The trading volume for 24 hours is a ridiculous $449!
According to the data from the monitoring platform, MAIN's current liquidity is 82 to $ This is a very small amount!
And a very important aspect for making money in the current state of affairs will be that in the case of the right approach to introducing this product to the masses, its advertising, we, who are now the main backbone of this project, can make very good money! Keep this idea in mind to understand what you can expect in the future!
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I redrawn the MAIN chart a little, but if in general, then we are now smoothly approaching the purchase point 3! Then there will be a rebound to the level of 0.0018!
If among you there is not some smart-ass whale who decides to drain all the liquidity in one fell swoop, then all goals will be achieved within the next week. I expect a sell-off at the level of 0.0018!
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