LINK | BULLISH ALTS | More Increases IF we see THISLink has recently increased over 160% - and that's an excellent increase in 3 weeks, let's take a moment to appreciate this and not be greedy!
Although it would have been most ideal to see LINK back up at ATH prices, more increases are on the cards BUT FIRST we need to reclaim a major resistance zone.
Here's my overview on Altcoins - specifically Altseason - at the current moment. Find it here :
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BINANCE:LINKUSDT
ALTS
Reserve Rights (RSR) ResearchThe Reserve protocol is an innovative platform on Ethereum that, for the first time, enables the creation of asset-backed and over-collateralized stablecoins without the need for permissions. Reserve's primary mission is to introduce scalable, decentralized forms of stable currency designed to reduce the volatility common to cryptocurrencies like Bitcoin and Etherium.
The Reserve protocol empowers anyone to generate stablecoins, which are secured by collections of ERC-20 tokens across Ethereum, Base, and Arbitrum. These digital currencies, underpinned by stable assets within the Reserve framework, are dubbed "RTokens". After setting up an RToken, users can produce these tokens by contributing the full set of backing collateral tokens, and similarly, they can retrieve this entire set upon redemption. Consequently, the trading value of an RToken closely aligns with the aggregate market value of its backing basket, with discrepancies inviting arbitrage opportunities. RTokens boast an overcollateralization feature, ensuring that in the event of a collateral token failure, there's a reserve of value to offset the deficit. This extra security layer comes from holders of Reserve Rights (RSR), who have the option to stake their RSR on any RToken. Should a collateral token falter, the staked RSR can be automatically claimed through a system driven purely by blockchain-based price oracles, devoid of any need for governance decisions or human intervention.
Long-term goals of the project
Examining the lineage of currency shows us that as one dominant global empire cedes to another, the currency of the former inevitably declines. Historical examples include the Dutch Guilder and the British Pound, and now, according to Ray Dalio, the U.S. dollar might not retain its status as the global reserve currency forever.
Bloomberg has highlighted concerns, echoed by figures like Larry Fink of BlackRock, that burgeoning U.S. fiscal deficits might alienate significant foreign investors. This scenario could lead to a potential 30 percent drop in the dollar's value, as the Federal Reserve might find itself compelled to finance the national debt through monetization.
In response to this, the Reserve community is motivated to craft a stablecoin, known as an RToken, which aims to decouple from the U.S. Dollar's peg. The ultimate ambition for cryptocurrencies is not merely to mirror the stability of existing assets in the short term but to innovate a financial instrument that maintains stability in the immediate and exhibits superior stability over extended periods.
Investors
The RSR (Reserve Rights Token) project has attracted attention and investment from a number of prominent cryptocurrency and venture capital market participants.
Coinbase Ventures
GSR (MM)
Arrington Capital
Shima Capital
NGC Ventures
Fenbushi Capital
Digital Currency Group (DCG)
BlockTower Capital
Distributed Global
Chapter One
PreAngel (China)
Sam Altman
Peter Thiel
These investors are investing in RSR believing in the project's potential to improve the stability and availability of cryptocurrencies, especially in regions with unstable economies. The participation of such significant names indicates the high interest in the project in investment circles.
Staking
Reserve Rights (RSR) serves as an over-collateralization mechanism to protect RToken holders in the rare event of a collateral token default. To enable RSR holders to provide this over-collateralization, they have the option to stake their tokens on any single RToken or distribute their RSR across multiple RTokens. Additionally, RSR holders can choose not to stake their tokens at all.
In exchange for providing this over-collateralization, RSR stakers can expect to earn a share of the revenue from the specific RToken they stake on. Generally, the greater the market cap of the RToken they stake on, the more revenue RSR stakers will receive.
When RSR is staked on an RToken, the tokens are deposited into a staking contract specific to that RToken, and the staker receives a corresponding ERC-20 token, which represents their staked RSR position on that particular RToken. This token is transferable and fungible with other staked RSR for the same RToken, allowing you to send any portion of the staked position to someone else or trade it, and the new holder has the option to unstake it if they choose to.
Understanding RSR Staking Rewards and Mechanics:
Rewards Calculation: Your rewards from staking RSR tokens are influenced by how much revenue the RToken generates, the percentage of this revenue allocated to RSR stakers by governance, and your share of the total staked RSR. For example, if an RToken earns $100, 20% is set aside for stakers, and you've staked 10% of all RSR staked on this RToken, you'd receive $2 as your reward for that period.
Mechanism of Reward Distribution: Rewards are not directly paid out but are used to buy back RSR through market auctions, increasing the value of staked RSR relative to unstaked RSR over time.
Staking Risks and Unstaking Delays: When you stake RSR, your tokens are at risk of being used to cover losses if there's a default in the collateral tokens backing an RToken. Unstaking isn't immediate; there's a delay (typically set between 7 to 30 days by governance) to ensure enough RSR remains staked to cover potential defaults. During this unstaking period, you won't earn rewards, but you can cancel the unstaking process to continue staking.
Accessing Staking: The simplest method to stake RSR is through platforms like Reserve Register, which provide user interfaces to interact with the smart contracts of the Reserve Protocol.
This system not only incentivizes staking by offering rewards but also secures the protocol by using staked RSR as a first line of defense against collateral defaults, ensuring the stability and integrity of RTokens.
Tokenomics
The Reserve Rights (RSR) token has a capped supply at 100 billion. As of now, 50.6 billion RSR are circulating, with the remaining 49.4 billion held within the Slow and Slower Wallets.
Slow Wallet: This wallet, managed by the Reserve project team, is designated for funding initiatives that drive RToken adoption. Any withdrawal from this wallet requires a compulsory 4-week waiting period after the transaction is initiated on the blockchain.
Organizational Shift in 2024: The governance of the funding for the Reserve Ecosystem underwent changes, introducing Confusion Capital. This entity oversees financial support for projects within the ecosystem like Best Friend Finance and ABC Labs, which concentrates on the development of the core protocol.
Slower Wallet: Under the administration of Confusion Capital, this wallet inherits its funds from the Slow Wallet but introduces stricter withdrawal rules. Besides maintaining the initial 4-week delay, it limits withdrawals to no more than 1% of RSR's total supply over any 4-week period. This adjustment aims to minimize the level of trust required in Confusion Capital. Here’s how the withdrawal throttle works:
After a period of no activity, the withdrawal cap could reach its maximum of 1 billion RSR.
Upon initiating a withdrawal of 1 billion RSR, the cap drops to zero.
After 2 weeks, the cap replenishes to 500 million RSR, allowing for a new withdrawal of up to 250 million RSR, reducing the cap back to 250 million RSR.
One week later, the cap increases again to potentially 500 million RSR, depending on previous activities.
This structured approach ensures a gradual release of funds, reinforcing trust and stability within the ecosystem's financial operations.
Blockchain
GSR Marketmaker activity has been spotted and is beginning to gear up for the alt season and pump up the asset. Be ready for a rapid growth of RSR in the near future!
Below are a couple of wallets owned by investment funds. As you can see, they continue to hold RSR after unlocks, which indicates that there was no distribution and we should prepare for pumping, which will trigger liquidity. This way large investment funds will be able to start selling their assets due to “born liquidity”.
It is also worth noting that most of the issuance is in the hands of those who benefit from growth! It can be seen that SlowerWallet and team have >50% of all tokens, followed by exchanges. After exchanges, the obvious leader is investment funds, which I wrote about a bit above.
Conclusion
Reserve Rights and the RSR token are on the cusp of significant change, with the potential for exponential growth. Given its innovative approach to currency stabilization, growing community, expansion into new markets and positive technical analyses, the project is well positioned to strengthen its position in the cryptocurrency ecosystem. The fundamental aspects of Reserve Rights offer an optimistic outlook on its future, making RSR interesting for long-term oriented investors.
Best wishes, Horban Brothers!
Months of Accumulation, Distro Time?This, along with several other dinosaur alts were a precursor to this bull market. With Months of consolidation while bitcoin and many other newer alts make new highs.
I think we are heading into the expansion phase pretty soon from here. If we got a pullback from current resistance and formed a handle on the 2 day chart, for a nice cup and handle pattern, you bet your sweet tits a ton of money is gonna flow into this thing.
Can ETH Cause ALT Season? MartyBoots here , I have been trading for 17 years and sharing my thoughts on ETH here.
ETH is looking BEARISH near term, but very strong chart for more upside on larger time frames
Very similar to past bull market
Do not miss out on ETH as this is a great opportunity and can later cause a real ALT Season
Watch video for more details
FET - Artificial Superintelligence Coin With BIG BIG Upside MartyBoots here , I have been trading for 17 years and sharing my thoughts on FET .
FET Is an Artificial Superintelligence Coin
FET is looking beautiful ,large bullish structure. Very nice chart for more upside.
Very similar to RSR back in 2020 which is up nearly 10x gain
Do not miss out on FET as this is a great opportunity
Watch the video for more details
Epic #Altseason vibes!#Altcoin follows 2016-2017 simulation!
#AltSeason is inevitable and here are the do's and don'ts! 🧵
What to Do and Avoid During #Altcoins Season.
Things You Should Do:
1.Do Your Own Research (DYOR)
•Study the project’s technology, team, use case, and roadmap.
•Be cautious of low-volume projects that are susceptible to manipulation.
2.Practice Risk Management
•Don’t invest your entire capital in a single altcoin. Diversify your portfolio.
•Use stop-loss orders to limit potential losses.
3.Follow Market Trends
•Monitor indicators like Bitcoin dominance and total market volume.
•Evaluate the level of hype in social media and communities.
4.Plan Your Profit-Taking Strategy
•Don’t assume prices will rise indefinitely.
•Take profits at predefined targets.
5.Stay Calm
•Avoid panic selling due to sudden price movements.
•Focus on logic rather than emotions when making decisions.
Things You Should Avoid:
1.Don’t Fall for FOMO (Fear of Missing Out)
•Avoid chasing rapidly rising prices. This often leads to buying at the top.
2.Don’t Invest with Borrowed Money or Credit
•While altcoin season offers high returns, losses can also be significant.
3.Don’t Put All Your Funds into a Single Coin
•No matter how promising a project seems, risks are always present.
4.Don’t Blindly Believe in Hype
•Projects heavily hyped on social media are often manipulated by whales or pump-and-dump schemes.
5.Don’t Deviate From Your Plan
•Never trade without an exit strategy. Stick to the goals you’ve set for yourself.
6.Don’t Lose Sight of the Long-Term Perspective
•Many altcoins undergo significant corrections after the season ends. Ensure you convert your gains into real value when possible.
#Alts season presents great opportunities, but careless actions can lead to substantial losses. Adopt a balanced strategy, and only risk what you can afford to lose.
1.5 Year BTC Dominance Wedge Finally Breaks!Traders, for a year and a half we have lived inside of this bearish BTC.D wedge. Well, last week it finally broke. This week it looks like we'll get our confirmation of this break. This means altcoin season is officially underway (if you haven't had proof enough already).
As BTC continues its sideway price action, various alts have been taking their turn playing catch up. I expect this type of price action to continue through December for alts though they may incur a bit of a pull back at some point as BTC.D heads back up to retest the underside of that wedge. Once hit though, expect our alts to run again.
✌️ Stew
XLM | STELLAR | Can XLM go HIGHER?All the bottom feeders are pumping - XRP, XLM and ADA. This goes to show to that if it can be traded, it will be traded.
I have some thoughts on this (the unpredictability of these coins) . As they do not follow traditional market patterns, it makes them very hard to read and harder to predict - this significantly increases the risks associated in trading these coins.
I will admit I did have some XRP this cycle - but not ADA or XLM. Looking at the char prior to the pump, it was a dead coin - and there was no reason to anticipate such a huge increase.
Yesterday's update on XRP here:
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BINANCE:XLMUSDT
DOMINANCE - real bullish for ALTS didn't start yet!monthly chart displays a breakdown for multi years rising wedge .. the interesting thing that today is a monthly close and we are only a few hours away from this.
rising wedge lower side matches with 0.618 fib (golden level) ...In fact, these two levels represent strong support that was responsible for the loss of thousands of traders and their suffering throughout this period.
it's a real sign to be bullish in december...
Caution still required ... retest the lower side of rising wedge is expected ..so don't use a high leverage
if u spot ..so don't worry it's time to get money ,,, don't sell ur coins too early u will regret missing opportunities Very much
BEST Regards Ceciliones🎯
Analyzing Liquidity Dominance: Key Data Insights
The chart provided offers a comprehensive view of Liquidity Dominance within the cryptocurrency market, showcasing pivotal relationships between market activity, trading volume, and liquidity flow. This analysis dissects the chart and explores key patterns, trends, and their implications for traders and investors.
Understanding Liquidity Dominance
Liquidity dominance represents the proportion of trading volume, capital flow, or liquidity concentrated in specific assets or market sectors. It serves as a barometer for understanding market behavior, as it highlights where capital is being deployed or withdrawn. On my chart, liquidity dominance provides a lens into the dynamics between:
Stablecoins (e.g., USDT): Representing safety and risk aversion.
Altcoins: Capturing speculative capital.
Bitcoin Dominance (BTC.D): Indicating market confidence in Bitcoin versus other assets.
Key Observations from the Chart
1. Stablecoin Liquidity Dominance (USDT.D)
Current Trend:
A noticeable decline in USDT.D suggests that capital is moving out of stablecoins, signaling increased risk appetite among traders. This typically aligns with bullish sentiment in the broader market, as investors allocate funds to Bitcoin or altcoins.
Market Implications:
If USDT.D continues its downward trajectory, we could expect a rally in cryptocurrencies, particularly in altcoins, as traders seek higher returns.
A sudden reversal in USDT.D (spiking higher) could signal market uncertainty or panic, as investors flee to stable assets.
2. Bitcoin Liquidity Dominance (BTC.D)
Current Trend:
The relatively stable BTC.D indicates that Bitcoin retains its share of liquidity without significant outflows to altcoins. This suggests that while altcoins may rally, Bitcoin remains a primary safe haven for large capital.
Market Implications:
A breakout to the upside in BTC.D could signal a Bitcoin-led market cycle, often observed during early bull markets.
A breakdown in BTC.D could indicate the onset of an "altseason," where altcoins outperform Bitcoin.
3. Altcoin Liquidity (TOTAL2 - Altcoin Market Cap)
Current Trend:
The chart indicates increasing TOTAL2 dominance, showing growing interest in altcoins. This suggests speculative capital is rotating from Bitcoin or stablecoins into altcoins, likely driven by expectations of higher returns.
Market Implications:
A continuation of this trend supports the idea of an emerging altcoin season, especially if TOTAL2 outpaces BTC.D consistently.
If TOTAL2 stagnates or declines, it may signal profit-taking or reduced confidence in altcoin performance.
Key Data Insights
1. Divergences Between USDT.D and BTC.D
A strong divergence between USDT.D and BTC.D often highlights market turning points:
Bullish Divergence:
If USDT.D declines while BTC.D rises, it suggests strong confidence in Bitcoin leading the market, often a precursor to a bull run.
Bearish Divergence:
If USDT.D increases while BTC.D falls, it indicates risk aversion and capital flight to safety, hinting at potential market downturns.
2. Correlation Between TOTAL2 and USDT.D
The inverse correlation between TOTAL2 and USDT.D is a critical marker:
As TOTAL2 rises and USDT.D declines, it signals risk-on behavior with a focus on altcoins.
If TOTAL2 falls alongside a rise in USDT.D, it could indicate market-wide selling pressure.
3. Price Action Confirmation
The interaction of liquidity dominance with price action across key support and resistance zones provides confirmation of market sentiment. Key observations include:
Strong resistance in BTC.D coinciding with declines in TOTAL2 could signal a Bitcoin-led consolidation phase.
Support in TOTAL2 while BTC.D declines suggests capital rotation into altcoins, supporting a rally.
Predictions Based on Current Trends
Short-Term Outlook:
With USDT.D trending downward, the market appears to be in a risk-on phase.
If BTC.D remains stable while TOTAL2 gains dominance, altcoins are likely to experience significant upside.
Medium-Term Outlook:
A breakout in TOTAL2 above key levels would confirm altseason momentum, particularly if USDT.D continues to decline.
However, if USDT.D rebounds sharply, expect market-wide corrections, with Bitcoin potentially absorbing most of the liquidity.
Long-Term Outlook:
Sustained declines in BTC.D combined with TOTAL2 growth could indicate prolonged altcoin outperformance.
Conversely, a reversal in BTC.D dominance with stable USDT.D suggests a return to Bitcoin-led cycles.
Strategies for Traders
1. Monitor Liquidity Flows
Use the interaction between USDT.D, BTC.D, and TOTAL2 as a guide for market sentiment.
Look for divergences between these metrics and price action to spot potential reversals.
2. Align with Dominance Trends
If BTC.D is rising, focus on Bitcoin as the primary trade.
If TOTAL2 gains dominance and USDT.D declines, shift focus to altcoins for higher returns.
3. Risk Management
During periods of rising USDT.D, reduce exposure to altcoins and focus on stablecoins or Bitcoin.
Use liquidity dominance trends to time entries and exits at major support and resistance levels.
Conclusion
My Liquidity Dominance chart provides a powerful framework for understanding capital flow dynamics across cryptocurrencies. The current trends suggest a risk-on environment favoring altcoins, but the stability of BTC.D implies Bitcoin remains a key player. Monitoring these metrics closely will help you navigate market cycles effectively, identifying both opportunities and risks as they arise.
TOTAL 3 is ready to BLOWUSDT, recognized as the first stablecoin, did not achieve widespread adoption even as late as 2017. Had it been more prevalent, I would have incorporated USDC and DAI into this analysis.
Nonetheless, I trust that you will find this chart beneficial for the upcoming #Altcoin season.
The total market capitalization of USDT relative to that of Bitcoin reveals a distinct correlation.
This relationship has historically indicated significant technical peaks characterized by bearish divergence, as well as bullish divergence at market bottoms, as observed in the RSI versus ratio score.
Additionally, we have established a clear target level to pursue.
Is it time for alts?When secondary trendline us briken it is nice to see change of structure. Last time (red lines) it failed. This time we are close to break new secondary trendline. I can se two tops to overcome (yellow horizontal). I don't like this one higher because alts can run really hard really fast. So this one feel late to the party. I will use the lower one to change a bit of BTC into high/medium caps.